US Business

The discussions signal Washington’s wider involvement in critical parts of the economy.

The electric-vehicle maker’s net income fell 37%, even as American shoppers raced to buy electric vehicles before a $7,500 federal tax credit expired last month.

Warner Discovery CEO David Zaslav was offered a role at the combined companies as part of the Ellison overture.

The licensing agreement is the first of its kind between a major U.S. professional sports league and prediction markets.

The Warner Bros. Discovery CEO is in the fight of his professional life to stop the company from being swallowed by Paramount, the rival entertainment giant controlled by David Ellison.

The growing industry has little regulation and many cases of financial abuse, including escrow funds taken to pay gambling debts or to buy bitcoin.

The cuts in corporate and back-office roles total more than 1% of the company’s workforce.

Jana Partners built a 9% stake in the theme-park operator with a group that includes the Kansas City Chiefs tight end.

The dominant streamer reported higher revenue and profit, driven by membership growth, increased ad revenue and price increases, but shares slumped on a tax-dispute expense.

Beijing used bare-knuckle tactics in a multidecade effort to consolidate control over supplies.