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Now, the next generation of Tisches has removed tobacco from the portfolio of the conglomerate they lead, the Loews Corporation, spinning off its tobacco unit, Lorillard, as a stand-alone business, with the Newport brand representing more than 90 percent of the new company's revenue. The new stock began trading Tuesday, and analysts have said the new company might be a takeover target.

Competition Commissioner Neelie Kroes of the European Union delivered an unusually blunt snub to Microsoft on Tuesday by recommending that businesses and governments use software based on open standards.

A BBC investigation estimates that around $23bn (£11.75bn) may have been lost, stolen or just not properly accounted for in Iraq.

Mr. Ripp's journey from whistle-blower to defendant is another example of the long shadow cast by the AOL-Time Warner merger, now widely regarded as one of the most disastrous corporate marriages in history. It is also a cautionary tale for corporate executives who may illuminate fraudulent conduct to one government agency but then find themselves a target of another.

A world-renowned Harvard child psychiatrist whose work has helped fuel an explosion in the use of powerful antipsychotic medicines in children earned at least $1.6 million in consulting fees from drug makers from 2000 to 2007 but for years did not report much of this income to university officials, according to information given Congressional investigators.

The Indian workers say they were deceived by Signal International and labor recruiters when they paid as much as $20,000 for visas they believed would allow them to work and live permanently with their families in the United States. In fact, the H-2B visas are for short-term contracts.

The seven, from Democratic and Republican administrations, faxed a letter to members of the Senate and House of Representatives demanding that menthol-flavored cigarettes be banned just like various other cigarette flavorings the legislation would outlaw.

In a move that could reverberate throughout the fund industry, the nation's second-largest pension fund is considering lifting a nearly eight-year ban on tobacco investments.

• 104 Globalization
• 110 Trade Justice
• 208 Regulation

BT should face prosecution for its "illegal" trials of a controversial ad-serving technology, a leading computer security researcher has said.