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US Business
Microsoft Will Use Carbon-Absorbing Rocks to Meet Climate Goals
A deal with Heirloom Carbon is one of the largest-ever purchases of carbon-removal credits.
US Business
US Business
Inside Musk’s Twitter Transformation: Impulsive Decisions, Favors for Friends
Kanye West and Marc Andreessen got owner’s attention after his takeover of the platform now called X.
US Business
Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition
The world’s richest man has more than once drummed up cash from his empire of companies without having to permanently part with shares.
US Business
China Bans iPhone Use for Government Officials at Work
The directive is the latest step in Beijing’s campaign to cut reliance on foreign technology and could hurt Apple’s business in the country.
US Business
Apple Tests Limits for Most Expensive iPhones
The tech company is expected to raise prices by $100 on some premium models next week.
US Business
Toyota to Offer $170,000 Luxury Model to Select Few Outside Japan
Toyota thinks the world outside of Japan may finally be ready to embrace its six-figure superluxury flagship car.
US Business
Warner Bros. Cuts Profit Outlook as Hollywood Strikes Drag On
It is now targeting full-year adjusted earnings, before interest, taxes, depreciation and amortization, of $10.5 billion to $11 billion, down by $500 million.
US Business
Illumina Names New Chief Executive
Jacob Thaysen was named to the role after Francis deSouza resigned from the gene-sequencing maker in June amid a fight with regulators.
US Business
BYD, China’s Tesla, Is Coming for the World
The EV maker is about to become an export juggernaut and a threat to the world’s largest automakers.
US Business
Tyson Foods Couldn’t Produce Enough Chicken. Now It Has Too Much.
The company is closing chicken plants after some say it went too far in building up the business, which produces one-fifth of U.S. supply.