UK car dealer Pendragon is selling its auto retail business to US firm Lithia for £280m ($388m) as it shifts focus to software. The deal requires approval from the majority of Pendragon shareholders, a hurdle less likely to be cleared by its biggest investor, Sweden’s Hedin.

News – Masimo reports cyber incident affecting production sites – teiss
Masimo has reported a cyber incident that has impacted its production sites. The company is currently assessing the situation to understand the extent of the