US Business

The airline expects a negative pretax impact of up to $825 million after it canceled more than 16,700 flights late last year as a winter storm wreaked havoc on operations.

U.S. demand for beer fell at the end of last year after a strong run of defying inflation.

The plan comes as the company said it would expand its business globally, including through new and more types of restaurants.

Shou Zi Chew is heading to Brussels as the popular app faces heightened scrutiny in Washington over its Chinese ownership.

High inflation and weak economies hit sales of memory chips and smartphones.

A tender offer at that valuation would make OpenAI one of the most valuable startups in the U.S., bucking a tech retrenchment.

The home-goods chain’s stock plunged after it expressed substantial doubt about its ability to stay in business.

American imports fell more than exports amid high inflation and interest rates.

The company settled with the Consumer Product Safety Commission after the watchdog accused the company of failing to immediately report that its Tread+ machines contained a defect that could cause serious injury.

The cuts focused on the company’s corporate staff exceed an earlier projection and represent about 5% of the company’s corporate workforce.