US Business

General Motors has cut 1,000 jobs, according to a person familiar with the reductions, marking the latest effort by the automaker to trim costs as it ramps up sales in unprofitable electric vehicles.

The lawsuit is the second by a large drugmaker in recent days challenging how it provides required discounts to certain hospitals.

The former late-night host will succeed Jimmy Kimmel, an Academy Awards regular.

Adjusted earnings before interest, taxes, depreciation and amortization declined about 4% to 47.33 billion yuan in its fiscal second quarter.

The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.

Alexandre Arnault, a son of Chairman Bernard Arnault, is being elevated to deputy CEO of the luxury group’s vast wines-and-spirits division.

The U.S. auto-safety agency said Ford failed to recall more than 600,000 vehicles with defective parts in a timely manner.

In escalation of long-running tensions, the ice-cream brand says its parent company blocked statements in support of Palestinian rights.

The satirical website joined with families who lost children in the Sandy Hook massacre to acquire Infowars

The streaming profit and studio are bright spots, while income from cable and theme parks declines.