Biden Administration Drops Plan to Ban Menthol Cigarettes

The administration is reversing course on its plan after the White House weighed the potential public-health benefits of banning minty smokes against the political risk of angering Black voters....

U.S. Regulators Tie Tesla's Autopilot to More Than a Dozen Fatalities, Hundreds of Crashes

The NHTSA launched a new probe into the adequacy of a two-million vehicle recall in December, after discovering more crashes linked to the controversial technology....

Paramount Considers Removing CEO Bob Bakish as Turmoil Over Sale Talks Deepens

The entertainment giant’s board is considering installing a committee of top executives to run the company on an interim basis...

Warren Buffett's Real-Estate Firm Settles Antitrust Matter for $250 Million

The real-estate industry has now agreed to pay nearly $1 billion to settle anticompetitive allegations....

Anglo Rejects BHP's $39 Billion Bid

The London-listed mining giant said the bid “significantly undervalues” the company, setting the stage for a potential bidding war....

NatWest's Results Beat Views on Improving Customer Confidence

NatWest’s income and profit fell by less than expected in its first quarter, reflecting an improvement in customer confidence and activity and pushing shares to their highest price in more than a y...

Washington's Telecom Cop Seeks New Beat: Cybersecurity

The FCC’s net-neutrality rules argue for a more active role defending cable and wireless networks from online threats....

Exxon, Chevron Earnings Fall Back to Earth

The oil companies are still printing big profits, but their postpandemic run of record earnings is slowing down....

Apollo Global to Buy U.S. Silica in $1.85 Billion Deal

U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion....

China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars

China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market....