US Business

The brewer said second-quarter sales were also affected by the fallout from a boycott of its Bud Light brand in the U.S.

Spirit Airlines is furloughing hundreds of pilots as the airline industry’s fight for passengers weighs on the bottom line.

A new proposal on family seating comes as officials have raised concerns about passengers potentially racking up extra costs for flights.

Sneaker giant is cracking down on customizers and designers like the Shoe Surgeon as it wages wider legal fights to defend its trademarks.

The company projected weaker-than-expected revenue growth and said it would continue to ratchet up spending to meet anticipated demand for artificial-intelligence services.

CEO Glenn Chamandy is focusing on ways to both optimize production by using underused capacity in places such as Latin America and improve product quality of the basic apparel that Gildan is known for.

BNP Paribas entered into exclusive talks to buy the investment-management arm of insurer AXA and reach a long-term partnership for 5.1 billion euros ($5.52 billion), in a deal that would create a European asset-management giant.

The billionaire terminated an agreement after a contentious interview with the former CNN anchor.

The Louisville, Ky.-based company, which owns racetracks and casinos, and operates an online gambling business, plans to devote most of its investments over the next five to 10 years to grow its racing machine business and technology, rather than racetracks.

The airline faced deeper disruption and took days longer than rivals to get back on track after the outage knocked key systems offline.