US Business

The U.S. economy has now recouped the 22 million jobs lost in the wake of the pandemic. The jobless rate dropped to 3.5%.

The companies say the state’s new restrictions could affect where they add staff; covering travel “may not be enough” to retain talent, Lilly says.

Many companies in the oil patch are boosting their budgets to cope with labor shortages and soaring prices of raw materials and services.

The company posted a loss of $43.8 billion, compared with a profit of $28.1 billion in the year-earlier period.

Ford used to tout the reliability of its vehicles in ads. After a string of recalls, the auto maker is trying to change how it finds problems.

Acquiring the maker of a recently approved drug for sickle-cell disease would be the latest move by the drug giant to bolster its portfolio and pipeline.

The layoffs primarily hit Oracle’s advertising and customer experience group as the company emphasizes cloud and healthcare IT services.

The deal for the robot vacuum, which would be Amazon’s fourth-largest acquisition, adds to a connected-home portfolio that also includes the Alexa virtual assistant speaker and Ring video doorbell.

After years focused mainly on expansion in China, luxury brands are rediscovering the U.S., opening boutiques across America in cities where they have never previously operated stand-alone stores.

The billionaire Elon Musk said the social-media platform misrepresented users as well as the level of false accounts. Twitter said the claims are inaccurate.