US Business

Employers are easing job requirements and speeding up hiring procedures to survive a U.S. labor market with more openings than applicants.

The roughly $1 trillion infrastructure package will modestly help the economy in the short run while priming the country for slightly stronger growth in coming decades, economists say.

Supply-chain problems and a lack of clarity about the future of tax credits in the congressional spending bill threaten to slow U.S. wind power growth.

An auto giant could reap more than $7 billion from a hot IPO. To get there, it had to elbow out a longtime rival.

The security-software company is nearing a deal to sell itself to a group including private-equity firms Advent International and Permira for more than $10 billion, according to people familiar with the matter.

Vacationers are on the road again, lifting company sales and setting expectations for a busy holiday travel season.

Workhorse is the third electric-vehicle company known to have come under scrutiny from both federal prosecutors and securities regulators in the past 14 months.

The drug company plans to seek FDA authorization of a treatment that patients with mild to moderate Covid could take at home to keep them out of the hospital, the latest encouraging performance for an early virus treatment.

The app hurts sleep, work, relationships or parenting for about 12.5% of users, who reported they felt Facebook was more of a problem than other social media. Facebook said it has built tools and controls to help people manage when and how they use its services.

Current and former directors’ insurance companies are expected to pay Boeing about $225 million, while the company will hire an ombudsman and appoint a director with aviation safety experience.