US Business

The carrier is scaling back its flight schedule for early this year amid a falloff in demand, but says the setback will be temporary.

Meta Platforms’ Instagram is launching trials of a subscription service that enables creators to charge users for exclusive content, as social-media companies battle to attract individuals who can drive traffic to their platforms.

Unilever, maker of Dove soap and Ben & Jerry’s ice cream, said it won’t boost its $68 billion offer for GlaxoSmithKline’s consumer healthcare business, effectively ending its effort to buy the maker of Aquafresh toothpaste and Advil pain relievers.

With its $75 billion deal for Activision Blizzard, Microsoft aims to shake up the gaming industry by building out its library of blockbusters and bolstering its efforts to entice consumers onto its cloud-gaming service.

Sony Group’s shares fell nearly 13% in Tokyo on concerns about tough new competition for its videogame business from the newly announced combination of Microsoft and Activision Blizzard.

After the all-cash deal valued at about $75 billion closes, Activision CEO Bobby Kotick is expected to leave the videogame heavyweight that has been roiled by claims of workplace misconduct.

The $75 billion acquisition will have to navigate a regulatory environment that has become less friendly to deal making, especially in the tech sector.

The drug’s main component worked in three separate laboratory studies, a potentially encouraging sign as the Omicron strain spreads.

The drugmaker said that a network of little-known drug suppliers and distributors sold illicit and potentially dangerous fake versions of its HIV medicines that ended up in pharmacies and in the hands of patients.

With plenty of companies hiring, workers are quitting their jobs in droves and starting their own ventures. “I refuse to accept a position that’s just a position.”