Bobby Caina Calvan / AP

In a surprise move, the Food and Drug Administration announced today that it plans to begin lowering nicotine levels in cigarettes to levels considered non-addictive, as it pegged tobacco use as "the leading cause of preventable disease and death in the United States."

From FDA Commissioner Scott Gottlieb: "The overwhelming amount of death and disease attributable to tobacco is caused by addiction to cigarettes — the only legal consumer product that, when used as intended, will kill half of all long-term users."

Why it matters: It's a huge public health move — and one that could serve as the death knell to the tobacco industry. Per Bloomberg, stock for the Altria Group, Philip Morris' parent company, had dropped as much as 19% this morning while British American Tobacco had plunged 11%.

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Updated 3 mins ago - World

China announces retaliatory sanctions on Rubio, Cruz and other U.S. officials

Photos: Graeme Jennings/Pool/Getty Images; Al Drago/Pool/Getty Images

China's Foreign Ministry announced Monday that it's imposing sanctions on Sens. Marco Rubio (R-Fla.) and Ted Cruz (R-Texas), along with nine other Americans, per Bloomberg.

Why it matters: It's a direct response to similar actions by the U.S. that included the Trump administration placing sanctions on officials Hong Kong leader Carrie Lam last Friday over Beijing's encroachment of the Asian financial hub's s autonomy.

Biden’s union push could force showdown with Elon Musk

Photo illustration: Annelise Capossela/Axios. Photo: Yasin Ozturk/Anadolu Agency via Getty Images, Joshua Roberts/Getty Images

Joe Biden wants to go big on climate change and big on unions. Elon Musk leads on the former but lags on the latter.

Why it matters: Musk isn’t uniquely averse to unions, but Tesla is considered a leader on the type of new technologies needed to tackle climate change. Musk’s leadership ethos could be in the crosshairs if Biden becomes president and follows through on his campaign vows.

Updated 44 mins ago - World

Police and protesters clash in Belarus after "Europe's last dictator" claims election win

Protesters and riot police clash in Minsk, Belarus, on Sunday during a demonstration against President Alexander Lukashenko's claim of a landslide victory. Photo: Misha Friedman/Getty Images)

Riot police clashed with protesters in Belarus overnight after a government exit poll predicted Sunday President Aleksander Lukashenko, an authoritarian who has ruled the Eastern European country since 1994, had overwhelmingly defeated a pro-democracy opposition candidate.

Why it matters: It's a precarious moment for the former Soviet republic, where decades of repression and a complete disregard for the coronavirus pandemic threaten to topple "Europe's last dictator." Rights groups said at least one protester was killed and dozens more wounded in a "police crackdown," per AP.