US Business

U.S. Steel warns of plant closings if its sale to Nippon Steel collapses.

Upon the spin-off’s completion, James Lico will retire as chief executive.

The board of Topgolf Callaway Brands is splitting the company into two businesses, unwinding the combination of the golf-club maker and driving-range operator after less than four years

Behind the scenes, Chevron’s message to the White House is that the oil giant needs to stay in Venezuela, even if Nicolás Maduro remains.

Associated British Foods said same-store sales at its retail unit Primark are likely to fall in the final quarter, and warned that profits at its sugar business would miss market expectations for the year due to lower prices in Europe.

Carmaker Volvo cut its earnings expectations for 2025, citing complex market conditions and uncertainty around worldwide trade wars.

Harmony Gold Mining reported a higher net profit and strong revenue growth for the fiscal year, reflecting the company’s ability to capitalize on higher gold prices.

CVC Capital Partners reported better-than-expected management fee earnings for the first half of the year and said it was confident on its outlook.

Verizon has agreed to acquire Frontier Communications in a $9.6 billion all-cash deal that would bolster the company’s fiber network to compete with rivals including AT&T.

A fleet of new lithium mines are set to open across Europe in the next few years as the European Union pushes to increase supply of the metal deemed vital for the energy transition in a bid to combat China’s grip on the market.