US Business

The Justice Department’s antitrust lawsuit claims that the Alphabet unit misused its power in an anticompetitive manner, potentially threatening a major revenue stream for both tech giants.

CEO Dara Khosrowshahi said the ride-hailing operator is “looking at all our options” if voters in the state reject an effort by Uber and other companies to secure an exemption from a law reclassifying drivers as employees.

Building on the attitude shift spurred by #MeToo, employees demand exit agreements permit them to speak out about their alleged discrimination, and companies reconsider confidentiality restrictions.

The U.S. semiconductor giant has reached a deal to sell its flash-memory manufacturing business to South Korea’s SK Hynix Inc. for about $9 billion.

The Comcast-owned studio is releasing substantially more films to theaters this holiday season as it tries to spur attendance for troubled cinemas—and boost its push to reset distribution norms.

The all-stock transaction would be the largest U.S. oil deal since the pandemic began roiling energy markets, as companies seek to bulk up to ride out weak demand and low prices.

Many in agriculture say they believe a Biden presidency would bring stricter environmental regulations and higher taxes than the incumbent. “I’ll take the good with the bad.”

The companies are confronting a new challenge in their race to sell more electric cars: battery-related fires leading to vehicle recalls and safety probes.

The third-quarter results put China’s economy back toward its pre-coronavirus trajectory half a year after the pandemic gutted it.

Both FedEx and UPS have told some of their largest shippers that most of their capacity is already spoken for. The outlook has sent retailers on the hunt for alternatives.