US Business

The deal for its 50% ownership of the joint venture would bring the company at least $2.25 billion.

As the global supply chain continues to struggle, shortages are causing suppliers to raise prices, says Chief Executive Dirk Van de Put.

Apple posted record quarterly results even as supply shortages hindered sales, and Chief Executive Tim Cook said those constraints are improving.

SiriusXM revived Neil Young’s radio channel after Spotify refused to cut Joe Rogan’s lucrative podcast, and other streamers promoted the folk-rocker.

The South Korean company’s strong performance capped off a year in which it surpassed Intel to become the world’s No. 1 chip maker.

The Diem Association, formerly known as Libra, is selling its technology to crypto-focused bank Silvergate Capital for $200 million.

The electric-vehicle maker reported record earnings but hasn’t been immune to supply-chain problems.

The billionaire says his hedge fund has purchased more than 3.1 million shares of the streaming service, whose stock has slumped this year.

The semiconductor maker has been investing heavily to stave off loss of market share and meet growing demand for the chip industry’s products.

Commerce Secretary Gina Raimondo said a survey shows the urgency for Congress to approve the Innovation and Competition Act, which includes $52 billion to boost domestic chip production.