US Business

The company plans the release of the second generation as less than 10% of the devices purchased are used monthly, an internal company document shows.

In the postpandemic economy, we are living more and working less.

Union leader Shawn Fain outlines labor’s priorities in talks with carmakers, indicating a widening gulf between the two sides.

The California utility spent more than $2 billion on an effort it says was ineffective. Its focus now is on power-line settings.

Costs are mounting for popular drugs such as Wegovy, a cousin of Ozempic, and healthcare plans are restricting coverage to save money.

Shares fall as the company says ride-hailing and delivery businesses grew while freight shrank.

Whether the federal government recovers the money it lent Yellow at the height of the pandemic would likely depend on how much Yellow raises by selling assets.

The agency said that the downgrade reflects an “erosion of governance.” The rating on the U.S. now stands at AA+, or one notch below the top AAA grade.

Employer demand for workers slipped slightly in June to its lowest level in more than two years.

Second-quarter earnings fell almost 70% from a year-ago bonanza. The London-based oil major boosted its dividend and continued to buy back shares.