US Business

The electric-vehicle maker will start producing the Cybertruck, new Roadster and semitrailer next year, CEO Elon Musk says.

To keep its supply chain humming, the retailer is raising starting salaries for truck drivers and expanding a training program that enables its employees to enter the field.

The food manufacturer said it is raising prices further in an effort to stay ahead of increasing costs. Its profit fell 22% in the most recent quarter.

Manufacturers including suppliers to Apple and Tesla are struggling to keep some of their China operations going as extended and widening Covid-19 lockdowns choke off supplies and clog up truck routes and ports.

The first-quarter accounting charges follow the oil major’s decision to sever ties with Russia in response to the invasion of Ukraine.

As China seeks to stamp out outbreaks quickly with flash lockdowns and sweeping restrictions on movements, some companies in Shanghai have asked workers to stay in their offices for days or weeks at a time.

The tech giant’s use of third-party sellers’ data is a focus of securities regulators’ probe, according to a person familiar with the matter.

Market forces and short supplies are driving higher gasoline prices, industry leaders tell House panel. Republicans point to Biden’s policies.

Code placed in consumer-facing apps is tied to U.S. national-security contractors, documents show.

The drugmaker is to cut nearly a third of its consumer healthcare products in Russia as executives across the pharmaceutical industry grapple with an ethical dilemma over their response to the war in Ukraine.