US Business

The billionaire investor urges the house-wares retailer to consider a sale or separation of Buybuy Baby and to simplify its turnaround plan.

Chinese-owned social-media platform halts new content in Russia in response to ‘fake news’ law. U.S. streaming giant suspends its service there amid operational challenges.

The global supply chain is slow, but the economic fallout from the invasion of Ukraine is swiftly raising prices for producers and consumers world-wide. “It seems to be overshadowing everything now.”

In a letter to the company’s board, the activist investor says he has sold the remainder of his stake in the oil-and-gas producer and his two remaining board representatives are also resigning.

Some say there is benefit for businesses and workers when mask mandates are removed. Others say they fear alienating employees and diners by eliminating mask and vaccination requirements when allowed to do so.

But rising oil prices and looming rate increases from the Fed pose new threats to the jobs recovery.

The videogame giant’s alleged culture of sexual harassment led to the 2017 death of a female employee, according to a lawsuit filed by her parents. They say the harassment was a “substantial factor” in her death, which was ruled a suicide.

CNN will stop broadcasting in Russia, while the BBC and Bloomberg News have suspended the work of their journalists in the country.

With an eye-catching card on a lollipop-like stick, Abbott Laboratories dominated the market for at-home Covid-19 diagnosis. Now it is trying to predict the future course of the virus.

The target for the year is the lowest level in more than a quarter century of economic planning, reflecting heightened domestic and global uncertainties in a key political year for leader Xi Jinping.