US Business

Warren Buffett’s conglomerate said its second-quarter earnings surged 86%, as a rebound in the stock market offset a profit decline in the company’s operations and a large write-down for Precision Castparts.

Wading into the technology battle between Washington and Beijing, the smartphone chip maker warns of potentially losing billions of dollars in sales because of export limits.

Companies losing money in 2020 are in a hole. One way out: Dig deeper, because today’s losses can yield outsized tax breaks.

The moves upended the structure Jason Kilar’s predecessor, John Stankey, had set up before ascending to chief executive of AT&T last month.

United Parcel Service plans to impose hefty fees on big shippers during the holiday season, reflecting the added complexity and cost of an expected crush of online orders amid the coronavirus pandemic.

The industrial engineer has turned Steve Jobs’s creation into a corporate colossus, delivering one of the most lucrative business successions in history.

The Trump administration is widening its attack against Chinese internet giants by targeting a social media app, WeChat, that is used daily by ordinary Chinese but by few Americans, further dividing the global internet.

Singapore police brought their first criminal charges against an individual linked to the suspected fraud at Wirecard AG, the one-time German technology star that collapsed at the end of June after admitting more than $2 billion of cash on its balance sheet was fake.

President Trump issued a pair of executive orders imposing new limits on Chinese social-media apps TikTok and WeChat, escalating tensions with Beijing and effectively setting a 45-day deadline for an American company to purchase TikTok’s U.S. operations.

Shares of Tencent Holdings plunged as much as 10%, hours after President Trump signed an executive order that would bar U.S. entities from transacting with the Chinese internet giant.