US Business

IBM’s second-quarter revenue fell 5.4% as the coronavirus roiled many of its corporate customers, although cloud-computing revenue rose 30%.

Chevron agreed to buy Noble Energy, in what would be the largest oil-patch tie-up since the coronavirus pandemic delivered a shock to the industry.

The company’s strategy of connecting stories across movies, toys, theme parks and TV has made Disney especially vulnerable to the disruptions of the pandemic. Executives are scrambling to address what is looking to be a prolonged crisis, forcing a realignment of priorities.  

Walmart has relaunched the planned sale of a majority stake in its U.K. grocery-store chain Asda after putting the process on hold in April.

EBay is in advanced talks to sell its classified-ads business to Norway’s Adevinta, according to people familiar with the matter, as the online auction pioneer seeks to refocus on its core marketplace business.

Coronavirus, anger over policing and strained budgets pack a triple punch in cities like New York, Los Angeles and Boston. But don’t count cities out, urban experts say. The road to recovery must address longstanding problems, such as housing affordability.

The virtual Tour de France showed that riding indoors is actually fun. Here’s how to set up your own stationary internet-connected bike at home.

The hack that exposed Twitter’s longstanding security issues last week started with a process familiar to almost every internet user: the password reset.

Business executives who were bracing for a monthslong disruption due to the coronavirus are now thinking in terms of years. Their job has changed from riding it out to reinventing roles and strategies.

Walt Disney has dramatically slashed its advertising spending on Facebook, according to people familiar with the situation, the latest setback for the tech giant as it faces a boycott from companies upset with its handling of hate speech and divisive content.