Latest Michael E. Szymanczyk Stories

2008-09-12 03:00:18

With Americans smoking less, the nation's top cigarette maker is planning to go smokeless in a big way. In a move long-anticipated by industry observers, Altria Group Inc., parent company of Marlboro- maker Philip Morris USA, said yesterday it has agreed to pay $10.4 billion to acquire Stamford, Conn.-based UST Inc., the top manufacturer of moist smokeless tobacco. The deal, if approved by UST shareholders and federal regulators, will add a growing category of tobacco products to Henrico...

Word of the Day
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.