US Business

The offer represents a 53% premium to U-blox’s average share price over the six months through Aug. 14.

The medical-device maker also plans to form committees focused on M&A and other growth areas.

Celsius is benefiting from the narrowing price gap between energy drinks and other caffeinated beverages.

The retail giant missed its earnings target but reported that U.S. comparable sales rose 4.6% in the latest quarter.

Charging deserts are going away. It’s now possible to embark on a Great American Road Trip in an electric vehicle.

Some investors had been hoping the retailer would tap an outsider to come in and shake things up. They got Michael Fiddelke instead.

The chip designer halts production of the H20 AI chip that it developed for China, after Beijing told companies there not to buy it.

Buyers for the bankrupt chain envision short shorts and lots of butter sauce.

Spirit is exploring strategic alternatives after its recent restructuring failed to put the budget carrier on a sustainable path.

Walmart, Amazon and T.J. Maxx are beating out rivals by offering deals to stressed-out consumers.