US Business

The Teflon maker’s shares plunged 31% after its CEO and finance chief were put on administrative leave.

The company says it might need to secure additional financing and is in talks with a large automaker for a partnership.

President Biden warned that connected vehicles could collect sensitive data for foreign governments, posing a national-security risk.

The suit alleges the world’s largest meatpacker lied about its impact on the environment to win over climate-conscious customers.

The U.S. Federal Aviation Administration has asked Boeing to develop a comprehensive action plan within 90 days to address its systemic quality-control issues, after the midair blowout of a door plug on an Alaska Airlines jet last month.

Veolia Environnement posted a 9% rise in sales in 2023 and increased its dividend, forecasting solid revenue and profit growth in 2024, helped by strong demand for its services.

Air France-KLM reported an operating loss for the fourth quarter after the Israel-Hamas war disrupted travel to the Middle East and as company expenses continued to rise.

Alibaba Group will cut cloud product prices in China to boost a promising division whose sales have slowed in recent quarters amid rising competition.

The union, which represents about 5,000 brewery workers, had threatened to strike March 1 if a deal wasn’t reached by Thursday.

BYD’s launch of a $233,000 sports car underscores the Chinese electric-vehicle maker’s ambitions to boost its market share across the buying spectrum.