US Business

The French luxury-goods conglomerate says the damage the U.S. jeweler’s business has suffered during the pandemic invalidates their $16 billion deal.

Banning downloads while the court fight continues would harm the video-sharing app’s business, a federal judge said, ruling that the Trump administration’s curbs likely went beyond the bounds of a national security law.

Black professionals face greater obstacles early in their career, are viewed more critically than their colleagues and frequently lack the relationships that are pivotal to advancement. Only 1% of the chief executives running America’s top 500 companies are Black.

Caesars Entertainment said it is in advanced talks over the possible takeover of U.K. betting company William Hill, as the global interest in the burgeoning U.S. sports-gambling market continues to grow.

The federal judge’s move gives the Chinese-owned app a short-term victory as it scrambles to ensure its future while caught in a battle of brinkmanship between global superpowers.

The Japanese semiconductor maker called off what was to have been one of this year’s biggest stock offerings, after earlier saying that U.S. export restrictions on China’s Huawei Technologies were hurting its business.

Grocery stores and food companies are preparing for a possible surge in sales amid a new rise in Covid-19 cases and the impending holiday rush.

President Xi Jinping wants to encourage domestic consumption as a hedge against potential commercial or geopolitical disruption, but merchants in the export-oriented city of Yiwu face hurdles to selling more goods at home.

Orders for long-lasting factory goods increased for the fourth consecutive month in August, a sign of the manufacturing industry’s continued recovery from coronavirus pandemic-related disruptions.

The companies are in talks to combine, according to people familiar with the matter, in a move that could help the energy companies weather a prolonged industry slump.