US Business

Acquiring the maker of a recently approved drug for sickle-cell disease would be the latest move by the drug giant to bolster its portfolio and pipeline.

The layoffs primarily hit Oracle’s advertising and customer experience group as the company emphasizes cloud and healthcare IT services.

The deal for the robot vacuum, which would be Amazon’s fourth-largest acquisition, adds to a connected-home portfolio that also includes the Alexa virtual assistant speaker and Ring video doorbell.

After years focused mainly on expansion in China, luxury brands are rediscovering the U.S., opening boutiques across America in cities where they have never previously operated stand-alone stores.

The billionaire Elon Musk said the social-media platform misrepresented users as well as the level of false accounts. Twitter said the claims are inaccurate.

The move is the latest effort by a streaming giant to reach a broader audience as the competition for users intensifies.

Some locations are strained as thousands of new workers look for work stations and parking spaces.

The food-delivery company raised its full-year guidance even as it expects a softer spending environment. Shares climbed more than 13% in after-hours trading.

The bank said regulators from the CFPB are looking at several areas, including how it handles customer refunds and resolves billing disputes.

But the auto maker sees production recovering as semiconductor shortages ease.