US Business

Entertainment-industry titans Barry Diller and David Geffen made purchases just days before the merger was announced.

Large Western companies are under increasing pressure to pull out of the country, and the snacks-and-drinks giants join the ranks of McDonald’s American Express, Shell and Boeing in stepping away.

The energy giants said they were stepping back further from doing business with Russia, with Shell saying it will immediately halt all spot purchase of crude from the country and will phase out its other trading and business dealings.

A new advocacy group is launching a $1 million campaign to counter Democratic efforts to reclassify gig workers as employees, which would let many of them unionize.

The drugmaker says it won’t stop anyone from making its shots in low- and middle-income nations and would license the technology elsewhere.

Proposed rules set to take effect in 2027 would tighten nitrogen-oxide emissions standards for trucks and buses, in a move the industry says will raise costs.

Rapid pullouts by BP, Shell and Exxon after decades of cultivating close relationships show the mounting perils of doing business with Moscow. “We’ve effectively walked away from our business in Russia.”

The billionaire investor’s hedge fund disclosed a new position in the railroad after waging a proxy war in 2012 to shake up the company’s board and install a new CEO.

The America250 commission is torn over the $10 million deal with Facebook parent Meta Platforms that some members worry will put off other potential corporate sponsors.

The billionaire investor urges the house-wares retailer to consider a sale or separation of Buybuy Baby and to simplify its turnaround plan.