US Business

The Biden administration is preparing to scale down sanctions on President Nicolás Maduro’s authoritarian regime to allow Chevron to resume pumping oil there, according to people familiar with the proposal.

The Delaware chancellor ordered Elon Musk’s team to search for more potential messages and said some encrypted communications were likely auto-deleted.

Billionaire’s latest about-face over his $44 billion deal to buy Twitter has him poised to take over a company that is weaker than it was before he tried to abandon the agreement—thanks in part to his own actions.

Executives say they cut orders and shifted inventory after seeing some troubling signs in credit-card spending.

An agreement would allow the social-media company and the billionaire to avert a high-stakes trial that was set to start soon; Twitter shares soar 22%.

Bayer recently won five consecutive cases over its Roundup weedkiller, a change after several juries had held it responsible for causing cancer and the company set aside about $16 billion for settlements.

Meta says it will consolidate some spaces and rearrange office layouts to make them livelier.

Partners of the iPhone maker seek to stay nearby as the pandemic has made travel to China difficult.

The EU, Japan and South Korea say provisions in the U.S. legislation to promote clean energy discriminate against their auto makers and might violate World Trade Organization rules.

More new cars and trucks are trickling into dealerships as supply-chain troubles ease, but rising rates are weighing on car buyers.