US Business

Truck drivers who have brought the Port of Oakland to a virtual standstill aren’t moving until they talk to California’s governor. “It may go on for a few more weeks or a few more months.”

Washington accused President Andrés Manuel López Obrador’s government of favoring its state-owned utility and oil company at the expense of U.S. businesses. “Ooooh, I’m so scared,” Mr. López Obrador said in response.

Abbott Laboratories raised its annual earnings guidance after posting higher-than-expected revenue from Covid-19 testing products, offsetting the effects of a recall and production halt at its baby-formula plant in Sturgis, Mich.

The embattled property giant has yet to reach an agreement with bondholders, but still plans to release an update on restructuring talks in July.

The streaming giant suffered two consecutive quarters of subscriber losses for the first time in its history and said some key steps it is taking to boost revenue and subscriber growth wouldn’t happen until next year.

The two-dose, protein-based shot offers an alternative to gene technology from Moderna and the Pfizer-BioNTech partnership.

Boeing sold five more 787 Dreamliners to aircraft leasing company AerCap, its largest buyer for the wide-body jet.

Unnamed individuals used more than 10,000 Facebook groups to coordinate misleading reviews in exchange for free products or money, Amazon alleges.

The Consumer Financial Protection Bureau has reported an uptick in complaints related to Zelle, but banks warn that heightened regulations could hurt the economy.

The tech company said shutting down Russian operations and a strong dollar weighed on results.