US Business

The retailer is restructuring headquarters operations after warning of profit troubles last week as merchandise has piled up in its stores. Around 200 jobs are being cut.

The social-media company’s legal team is seeking communications from the Tesla CEO’s financial backers, investors and friends.

The Biden administration and drug maker are in talks to ensure bebtelovimab remains available to people without health insurance.

Reed Hastings insisted on focusing on subscriptions until competitors started nibbling away at his business model.

The ride-hailing company’s revenue was partly boosted by high ride prices, triggered by a yearlong driver shortage in the U.S.

A weaker-than-expected bookings outlook overshadowed otherwise strong results.

During a three-week period this year, the credit reporting company sent faulty scores to lenders big and small, resulting in higher interest rates and denied applications.

The airline said the move to pause sales on all domestic and European routes from the airport was aimed at accommodating customers needing to rebook travel because of flight cancellations.

CEO Masayoshi Son pledged to curb his aggressive investment bets yet plunged into startups last year at the market top. He will have to engineer his next comeback without key lieutenants.

Results from the videogame company, which is slated to be purchased by Microsoft, indicate growth is slowing in response to record inflation.