US Business

China announced new restrictions on artificial-intelligence technology exports that could further complicate the sale of TikTok’s U.S. operations, while intensifying the tech battle between the world’s two largest economies.

Traffic at Heathrow’s once-teeming terminals is down to a trickle, leaving the London airport’s retail establishments largely closed. Like many airports around the world, the drop in sales has a major impact on its business.

Redemptions of digital coupons in the U.S. have surpassed redemptions of paper coupons for the first time as more people shop online.

The back-office software company would fetch roughly $4.7 billion, including debt, from a group led by private-equity firm Clayton Dubilier & Rice.

For the second time in the past year, billionaire Steven A. Cohen is in the driver’s seat to acquire a majority stake in the New York Mets.

What’s the secret to building a more affordable electric vehicle? JB Straubel has an answer. It starts with a pile of old cell phones.

AT&T is taking a fresh look at its DirecTV business, according to people familiar with the matter, exploring a deal for a satellite-TV service wounded by cord-cutting.

As companies brace for years of pandemic-related disruption, thousands of furloughed workers are told they won’t be coming back.

MGM Resorts International is laying off 18,000 furloughed workers in the U.S. as a global travel slowdown impedes the casino industry’s recovery from the ongoing pandemic.

The Trump administration unveiled a $750 million deal to buy 150 million rapid Covid-19 tests from Abbott Laboratories, a move that would substantially expand the nation’s capacity for rapid testing.