US Business

Consumer prices surged in April by the most in any 12-month period since 2008 as the recovery picked up. Rising demand and supply bottlenecks are raising inflation concerns.

The owner of the primary fuel conduit for the East Coast said it would take several days for deliveries to get back to normal.

The plane maker has been working to address concerns about the aircraft components after one broke apart on a United Airlines jet over Colorado this year, people briefed on the matter said.

The billionaire investor said he puts the pizza chain in the category of “super-durable growth companies,” speaking at The Wall Street Journal’s Future of Everything Festival.

Costs of airfare, used cars and restaurant meals offer clues to the inflation puzzle.

The European Union’s second-highest court is set to decide whether to uphold a roughly $300 million tax bill that the bloc’s antitrust officials have said Amazon.com Inc. owes to Luxembourg.

The Defense Department has agreed to remove Xiaomi from a list banning U.S. investment in the Chinese tech giant.

SoftBank Group smashed profit records in its home country, riding a series of blockbuster IPOs to an annual net income of $45.9 billion—the highest ever for any Japanese company.

The Colonial Pipeline shutdown is prompting fears of gasoline shortages, particularly in Southeastern states heavily dependent on the conduit for fuel.

Vice President of Engineering Marian Croak also said CEO Sundar Pichai has committed to boost the budget of a team tasked with evaluating code and product to avert harm, discrimination and other problems with AI.