US Business

Steven Burd led the grocery chain as it invested more than $350 million in a deal that never fully materialized.

The roughly $2.7 billion deal is a bet on online publishing that will combine brands like People, Better Homes & Gardens and Investopedia.

Executives at the company also put a hold on some work on new and existing products while more than a dozen people are involved in conducting “reputational reviews” to examine how Facebook may be criticized and to ensure products don’t adversely affect children.

The Detroit auto maker wants to more than double revenue by 2030 aided by new electric models, including an entry-point vehicle priced at $30,000.

The activist investor is pushing the Nevada utility to abandon a planned acquisition of Dominion Energy’s Questar Pipeline and focus on improving its share price instead.

Frances Haugen detailed to a Senate panel the internal documents she gathered showing a range of negative impacts from the company’s products—revelations that senators said would build momentum for tougher regulations on Big Tech.

Doritos 3D Crunch and Mtn Dew Flamin’ Hot helped drive higher revenue for the latest quarter, but profit fell as costs increased. The company raised its guidance for the full year.

The extra dose increased protection to 94% against moderate to severe Covid-19 in a late-stage trial in the U.S., the company said.

The romance between Elizabeth Holmes and her top deputy spanned more than a decade, growing and fading alongside the rise and fall of Theranos. Now, the relationship and the pair’s intimate text messages are an important part of her criminal-fraud trial.

Fantasia Holdings, a developer of luxury apartments in China, said it didn’t make a U.S. dollar bond payment that was due Oct. 4, adding to the malaise surrounding the country’s indebted property companies.