US Business

The amount of vacant warehouse space in the U.S. held steady around an 11-year high in the third quarter, but it didn’t expand for the first time in three years as demand rose and the amount of newly built space continued to fall.

Weiss, who once said she was done with legacy media, is to take control of CBS News’s editorial vision, aiming for “news that reflects reality.”

He takes the helm as the carrier contends with fierce industrywide competition that has put pressure on its pricing and ability to attract new customers.

The former newspaper opinion editor and co-founder of the Free Press is now editor in chief of CBS News.

xAI is aiming to win the tech arms race with its “Colossus” data centers, thrown up at lightning speed, but Memphis is divided over the massive power and water demands.

For executives in regulated industries, nothing is more important than pleasing the party in power.

Beijing pretends to comply, leaders in Brussels play along, and American companies bear the regulatory brunt.

The Organization of the Petroleum Exporting Countries wants to regain market share lost to U.S. shale producers, Brazil and Guyana.

Newell Brands invested close to $2 billion and thousands of hours in training to move most production of Sharpie pens to a 37-year-old factory in Tennessee.

The private-equity firm’s co-CEO, Egon Durban, had been eyeing Electronic Arts for years.