US Business

Commerce Secretary Gina Raimondo said she is looking for ways to help auto makers amid a global semiconductor shortage but won’t prioritize them over other chip users, as the industry presses the Biden administration for assistance.

Carnival Corp. said it is planning to resume Alaska sailings in July, in what would be among the first sailings out of the U.S. since the onset of the Covid-19 pandemic.

Companies are forgoing investment and turning down contracts as they compete with unemployment benefits and wage increases at larger firms.

The rail operator is expected to favor a competing deal from Canadian National Railway, according to people familiar with the matter.

Tesla drivers have created an online-video genre out of testing what’s possible with their vehicles, in some cases appearing to override safety functions to perform stunts that they post to YouTube or TikTok.

ByteDance Chief Executive Zhang Yiming is stepping down from his role to focus on long-term strategy. He will be succeeded by co-founder Liang Rubo.

The software giant said its Internet Explorer 11 desktop application, the current version, will no longer be supported starting June 15 of next year.

David Zaslav is expected to run the newly combined media firm, and received the award as part of a new employment contract.

Joseph Blount told the Journal that he authorized the payment because executives were unsure how badly the cyberattack had breached its systems or how long it would take to bring the pipeline back.

Evergrande founder Xu Jiayin hasn’t sold any cars yet and his real-estate empire is groaning with debt. But his electric vehicle startup recently notched an $87 billion market cap.