US Business

Ernst & Young’s renegade U.S. auditors want the new audit-focused firm to have more of EY’s lucrative tax practice, threatening to scuttle the deal. 

Lawmakers pummeled Shou Zi Chew about potential Chinese government influence over the company, as safety and security concerns over the platform deepen.

The auto maker says it wants to give investors more visibility into the performance of its three business units.

The professional-services company is looking to slash costs and streamline operations.

The restructuring has been agreed to by a group that holds more than a fifth of the property developer’s international bonds. Other bondholders have until March 31 to approve the restructuring.

The Chinese social-media and videogame company has reduced costs and head count to improve profitability.

Some companies that touted the virtues of flexible work setups now say it is a liability in a slowing economy.

The company enlisted more than 20 TikTok influencers this week to persuade Congress that blocking the app would spark broad opposition.

The job-search platform will reduce head counts on nearly every team. CEO Chris Hyams said he would be taking a 25% cut in his base pay.

The company is preparing for commercial distribution of the shots as the U.S. winds down its pandemic-emergency purchases.