US Business

How did this happen, and what will it take to fix it?

The consumer-products giant reported its biggest annual sales increase in 16 years, but said that consumers are starting to cut back.

Tesla CEO’s response filed confidentially in Delaware Chancery Court.

The U.S. economy is enduring a rocky transition from an exceptionally strong recovery to a steep slowdown as rising inflation and interest rates weigh on consumers and businesses.

The shift, long under consideration to reduce governance risks, comes as the Chinese fintech giant seeks to move on from a tough year.

The deal would create the fifth-largest U.S. carrier and comes after a fierce bidding war between JetBlue and Frontier.

Efforts to remake Facebook parent Meta Platforms are taking on a new sense of urgency after the company posted its first-ever quarter of falling sales.

The cable company posted higher revenue in the second quarter than it did a year ago, boosted by its movie-studio and theme-park businesses.

The owner of Smirnoff vodka and Guinness beer said it hasn’t yet seen any signs that drinkers are trading down to cheaper brands, indicating that while consumers are pulling back in some areas they are still willing to pay for high-end alcohol.

The agreement between the two airlines could be announced as soon as Thursday, according to people familiar with the matter, and comes after a deal between Spirit and rival budget carrier Frontier was terminated.