US Business

Airlines are facing weather-related disruptions and grappling with staffing shortages as the Memorial Day holiday presents carriers with a first test in the run-up to an expected summer travel boom.

The agency is asking the Tesla CEO why he didn’t make the required filing within 10 days after his Twitter stake crossed the 5% threshold.

Big-box chain Big Lots and sporting-goods retailer Hibbett saw double-digit sales declines as higher prices across the spectrum dent shopper spending power.

From Apple to chip makers, companies warn of fewer shipments and weaker consumer spending in the world’s biggest smartphone market.

The chain’s CEO says stores will no longer carry all sizes and expects inventory imbalances to smooth out by fall.

Big Four accounting firm Ernst & Young is considering a split of its audit and advisory businesses, amid regulatory scrutiny of potential conflicts of interest in the profession, according to people familiar with the matter.

Macy’s and Dollar Tree reported strong sales that bucked broader trends among retailers, but they warned of signs that inflation is changing consumer behavior.

The cash-and-stock deal marks the biggest bet yet that the boom in enterprise software demand will endure despite the economic tumult.

Federal officials allege the social-media company deceptively used phone numbers and emails, collected for security purposes, for targeted advertising.

The spacecraft is expected to land in New Mexico later Wednesday, the last leg of a test flight the company first tried to complete more than two years ago.