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US Business
Louis Vuitton’s Ship to Nowhere Marks the New Age of Luxury
The LVMH brand’s “retail-tainment” flagship in Shanghai is part of a strategy to blend experiences with shopping.
US Business
US Business
Universal Studios Looks to Saudi Arabia for New Theme Park
The Comcast division is considering a licensing deal for a project that would compete with Disney in the Middle East.
US Business
Tesla Wins Final Court Fight Over Elon Musk’s Pay Package
Delaware’s Supreme Court reversed a lower court’s decision to cancel the CEO’s 2018 pay package.
US Business
Volkswagen Halts Exports of Its Electric Bus to U.S. Next Year
The German carmaker is pausing ID. Buzz exports to the U.S. following a sharp decline in EV sales nationwide
US Business
Axel Springer’s CEO Wants His Latest Deal—but Can’t Find Anything to Buy
Mathias Döpfner says “embrace AI or die” as he looks to bolster his U.S. media holdings.
US Business
How Trump Spun a Social Network Into a Nuclear-Fusion Company
A media company backed by the president’s family is now venturing into electrical plants for artificial intelligence.
US Business
Why Fusion Is Considered Energy’s Elusive Holy Grail
President Trump’s media company is betting a breakthrough is imminent.
US Business
FedEx Reports Higher Second-Quarter Revenue as Package Volumes Rise
The results prompted the shipping company to raise the bottom end of its outlook for the full year, even as it navigates impacts from changes in global trade.
US Business
Scholastic Widens Second-Quarter Profit On Rising Back-to-School Revenue
The publishing house reported a profit of $55.9 million as growth in the children’s book publishing and distribution segment buoyed revenue.
US Business
U.S. Accepts Fault for Reagan Airport Collision That Killed 67 People
The pilots of the Army helicopter and American Airlines regional jet failed to “maintain vigilance” and avoid each other, the Justice Department said.