US Business

Lyft reported a dramatic drop in riders and revenue in the second quarter, as rising coronavirus infections in the U.S. and prolonged shutdowns weighed in on its results.

Social-media platforms are talking with federal officials as President Trump questions the legitimacy of voting by mail.

Sumner Redstone, who turned his family’s movie-theater company into a global media empire spanning television, movies, radio and books, has died.

Networking-equipment giant Cisco Systems posted its first annual revenue decline in three years and said it would pursue deep cost cuts as customer priorities have shifted during the coronavirus pandemic.

Recreational Equipment Inc. is looking to sell its custom-made new headquarters and allow employees to work from home or other offices, the latest sign that the pandemic is driving companies to ditch central offices to raise cash.

Some investors and corporate-governance groups are questioning the handling of Steve Easterbrook’s departure and the supervision of the company.

Tesla Inc. said it would enact a 5-for-1 stock split after a share-price surge over recent months vaulted the electric-vehicle maker to the status of most-valuable car company as Chief Executive Elon Musk navigated the pandemic.

A federal appeals court threw out a trial judge’s antitrust judgment against Qualcomm, ruling the federal government hadn’t shown the chip maker engaged in illegal monopolization.

TikTok skirted a privacy safeguard in Google’s Android operating system to collect unique identifiers from millions of mobile devices, data that allows the app to track users online without allowing them to opt out, a Wall Street Journal analysis has found.

Airbnb plans to file IPO paperwork with the Securities and Exchange Commission later this month, laying the groundwork for a potential listing before the end of the year, according to people familiar with the matter.