US Business

Budget carrier Spirit has been in the middle of a bidding war between JetBlue and Frontier, and the intensity has picked up in the final days before a shareholder vote.

The transaction would value the electric-vehicle charging business at more than $2 billion.

Serhat Gumrukcu faces trial in a purported murder-for-hire plot to silence an associate who could have exposed him and derailed a drug-development deal worth millions of dollars.

Dwindling Russian gas supplies are proving a threat to chemicals companies and their disruption would reverberate well beyond the sector, threatening Europe’s economy at a time of high inflation and slowing growth.

Auto makers are marking up electric vehicles to offset rising battery-material costs and capitalize on the interest caused by higher gas prices.

More public pension plans than ever are using leverage, investing borrowed money in an effort to earn higher returns and close big funding gaps. “They’re treading on very risky footing.”

Packed planes, long lines and other inconveniences were regular features of summer journeys, but now there isn’t slack for airlines to recover when things go wrong.

Sales growth for the online shopping extravaganza has slowed and consumers aren’t purchasing orders as large as they once did.

The Bank for International Settlements cautions that the steps necessary to get inflation under control could raise global economic costs.

The Supreme Court’s decision overturning Roe v. Wade will bring new scrutiny to research over the past several decades studying the socioeconomic effects of abortion liberalization.