US Business

Crude prices have fallen this year as Riyadh has raised output, but risks abound for the oil-producing kingdom.

From London to L.A., millionaires are relocating to Italy’s business capital to discover a city in the middle of a renaissance

Long-running film series are sputtering at the box office. Universal wants to cut the budget of its most important franchise by $140 million.

A member of the family that owned the Washington Post, Weymouth pursued a career in journalism.

Peter Beck’s Rocket Lab is increasingly competing with the space industry’s biggest companies.

Work is evaporating, businesses are closing, longtime residents are leaving, and Los Angeles’s creative middle class is hanging on by a thread.

Berkshire’s $9.7 billion buy of Occidental’s petrochemicals business will allow the company to reduce debt and focus on fossil fuels.

The chain had hired marketing firm Prophet to refresh its image and restaurants as part of a plan to update its brand.

The electric-vehicle maker sold more cars as U.S. consumers raced to use an expiring $7,500 tax credit.

PAI Partners and the Abu Dhabi Investment Authority invest €1.4 billion in the owner of Haagen-Dazs’s U.S. business, among other labels.