US Business

Chinese companies with shares traded on U.S. stock exchanges would be forced to give up their listings unless they comply with American auditing requirements, under a Trump administration proposal.

T-Mobile US said it vaulted ahead of rival AT&T Inc. in the race for wireless customers to become the country’s second-largest cellphone carrier.

Uber Technologies posted another big loss with little sign of recovery in its core ride-hailing business as the coronavirus pandemic drags on, though stay-at-home orders have fueled company’s food-delivery business.

Adidas said it expects revenue to recover as the sports-gear group’s stores continue to reopen and digital sales thrive after the coronavirus lockdowns pushed the company into a net loss in the second quarter.

Facebook and Twitter removed a video posted by President Trump in which he said children are “almost immune” from Covid-19, a claim that the companies said ran afoul their rules against harmful misinformation about coronavirus.

Attorneys general for 19 states and the District of Columbia are calling on the social-media giant to take additional steps to combat harassment and hate speech on its platforms.

Samsung’s newest flagship devices come with 5G, bigger screens, faster processing power—and a lower price point to buy in.

Facebook’s Instagram has launched a short-video feature in the U.S., challenging the empire that Chinese social-media upstart TikTok has built on user-generated dance videos, comedy skits and viral challenges.

The Justice Department is seeking as much as $18.1 billion from bankrupt opioid maker Purdue Pharma, new filings show, a demand that could disrupt the company’s monthslong effort to reach a settlement with states and local communities that accuse it of helping fuel the opioid crisis.

The entertainment company’s revenue fell 42% in the latest quarter as the pandemic wreaked havoc on its theme parks and other businesses, resulting in a $4.72 billion loss.