US Business

The pace of consumer-price increases slowed slightly to 8.3% last month, as broadening price pressures kept the inflation rate close to a four-decade high despite lower gasoline prices.

The social-media company said shareholders approved the takeover offer based on a preliminary vote count. Meanwhile, the company’s former head of security said at a Senate hearing that Twitter executives’ “incentives led them to prioritize profits over security.”

The e-commerce giant will invest $450 million in increased wages and other benefits for drivers as it tries to ensure it has sufficient staffing for the peak holiday season.

The move would involve discontinuing the Showtime service, a step that would streamline the entertainment company’s offerings amid a crowd of competitors.

Companies including Norfolk Southern and Union Pacific are still negotiating with two unions ahead of a Friday deadline.

The fitness-equipment maker said co-founder John Foley resigned in a management overhaul, as the company is in the midst of a restructuring, slashing costs to reflect reduced demand for its products. The company’s legal chief and commercial head are also leaving.

Apple finally lets you customize your lock screen with layouts, colors and fonts. Plus, new messaging tools improve everyday use.

Reels faces formidable competition from the leading short-video platform. Instagram users spend 17.6 million hours a day watching Reels, while TikTok users spend 197.8 million hours a day on that platform.

Elon Musk’s legal team has said that Twitter’s roughly $7 million payment to a whistleblower gives the billionaire another avenue to walk away from the deal to buy the social-media company.

The energy crisis has shut down factories, cooled furnaces and left few businesses untouched. Some factories might never reopen.