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☆ Inflation-adjusted college costs decline for the second-straight year
▼ + stars: | 2022-10-24 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

watch nowHistorically low increase in tuition is 'welcome news'"More colleges and universities raised tuition and fees this year than last year. However, the average increases in the public sectors are still low by historical standards," said Jennifer Ma, senior policy research scientist at College Board and co-author of the report. The net price — or tuition and fees minus grants, scholarships and education tax benefits — was also lower after adjusting for inflation, the College Board found. "That is welcome news for families and students," Ma said, especially as inflation causes real wages to decline. watch nowStill, college costs have already reached unsustainable levels, many experts say.

☆ San Jose State football player fatally struck by bus while riding e-scooter
▼ + stars: | 2022-10-22 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +2 min

A San Jose State University football running back was killed when he was struck by a school bus while riding an electric scooter, officials said Friday. Courtesy San Jose State SpartansThe Santa Clara County Medical Examiner-Coroner’s Office said could not release any information until relatives had been notified of the death. Police investigate the scene of a school bus accident that killed San Jose State football player Camdan McWright while he was riding an electric scooter, on Friday. San Jose State has said the two-time most valuable league player is both from Sylmar and nearby Panorama City. “We lost a very bright, talented young man too soon,” San Jose State athletic director Jeff Konya said in the school’s statement.

☆ Why the FDA Banned Juul E-Cigarettes
▼ + stars: | 2022-10-21 | by ( Jennifer Maloney | ) www.wsj.com time to read: 1 min

When the Food and Drug Administration ordered Juul Labs Inc.’s e-cigarettes off the U.S. market in June, politicians and parents who had lobbied for a crackdown on underage vaping hailed their victory. But it turns out, the FDA didn’t cite a risk to children as the basis for the ban. The agency ordered Juul off the market because of technical issues, according to correspondence between Juul and the agency and other FDA documents viewed by The Wall Street Journal.

☆ Philip Morris Raises Offer for Swedish Match and Buys U.S. Rights for IQOS
▼ + stars: | 2022-10-20 | by ( Jennifer Maloney | Ben Dummett | ) www.wsj.com time to read: 1 min

Philip Morris International raised its offer for Swedish Match AB by 9.4% and has agreed to pay $2.7 billion to regain the U.S. rights for its IQOS heated tobacco products from Altria Group Inc.Philip Morris said it is now offering 116 Swedish kronor, equivalent to $10.34, for each Swedish Match share, up from the original offer in May of 106 Swedish kronor. The total value of that deal, though in dollar terms, is roughly unchanged from the original offer because the appreciation in the U.S. currency against the Swedish krona, made it easier for the company to raise its offer.

☆ Philip Morris to Raise Offer for Swedish Match and Buy U.S. Rights for IQOS
▼ + stars: | 2022-10-20 | by ( Jennifer Maloney | Ben Dummett | ) www.wsj.com time to read: 1 min

Marlboro maker Philip Morris has been under pressure from Elliott Management and other investors to sweeten its bid for Swedish Match. Philip Morris International plans to raise its offer for Swedish Match AB and has agreed to pay $2.7 billion to regain the U.S. rights for its IQOS heated tobacco products from Altria Group Inc., according to people familiar with the matter. Philip Morris’s original offer for Swedish Match in May was 161.2 billion Swedish Krona, which was then equivalent to $16 billion. The new offer is expected to be announced as soon as Thursday, the people said.

☆ Home-Goods Retailers Jolted by Slowdown in Housing Market
▼ + stars: | 2022-09-19 | by ( Harriet Torry | Jennifer Maloney | ) www.wsj.com time to read: 1 min

Falling home sales are rippling through the economy, providing a window into how rising interest rates can cool spending, hiring and growth. When people buy new homes, they typically buy a lot to go inside, including furniture, curtains, lighting fixtures and appliances.

☆ Upcoming live events at Insider
▼ + stars: | 2022-01-19 | by ( Business Insider | ) www.businessinsider.com time to read: +6 min

Below is a list of our upcoming in-person and virtual events, including exclusive fireside chats, compelling panels, and reporter Q&As. Featured Events for Sustainability & Climate ActionInsider Introducing the Optimist's Destination for Climate ActionApril 10, 2023 | 3 PM ETDetails to come! InsiderFor a Better Future: Bridging Culture, Business, and ClimatePresented by DeloitteApril 25, 2023 | 12 PM ETDetails to come! Panelists from Tinuiti, Jungle Scout, Bobsled Marketing, and Cure Hydration will discuss what this trend means — watch hereHow advertisers can navigate the death of the third-party cookie. To submit a potential speaker for an upcoming event, please complete this form.

Marlboro maker Altria Group Inc. is in advanced talks to buy e-cigarette startup NJOY Holdings Inc. for at least $2.75 billion, according to people familiar with the matter, moving to take over a new vaping brand after its bet on Juul fizzled. The deal for NJOY, one of the few e-cigarette makers whose products have clearance from federal regulators, could be announced as soon as this week, the people said, though the talks could still fall apart. The proposed deal includes an additional $500 million earnout if certain regulatory milestones are met, the people said. The Wall Street Journal reported last June that NJOY had hired advisers and was exploring a sale.

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