US Business

Some companies are recruiting seniors on the premise that age equals a stronger work ethic.

The former chairman of Marvel Entertainment says in an interview that he was fired because he pushed Disney too aggressively to cut costs and ran afoul of creative executives.

The company’s push for efficiency is unwinding the operating strategy led by founder Fred Smith.

The oil giant has spent billions on the offshore campaign and hasn’t ruled out other projects in the country.

Mr. Lee, 43, built a career as a Silicon Valley executive and angel investor.

The consulting firm is winding down its bankruptcy practice after numerous lawsuits and government investigations concerning the division’s work advising troubled borrowers, people familiar with the matter said.

The acquisition will increase the state-owned utility’s share of the country’s electricity generation to 55%, the government says.

Accountants and writers are among the jobs that could be most affected by AI tools.

A unit of the health-products company is also refiling for bankruptcy protection to seek approval for the settlement plan.

The auto maker initiated the reduction as part of an effort to cut $2 billion in costs by the end of 2024.