US Business

The world’s biggest miner by market value will sell its 80% stake in the BHP Mitsui Coal venture to focus on higher-quality steelmaking coal.

Twitter users said Mr. Musk should sell 10% of his Tesla stock, a stake valued at about $21 billion, after the CEO polled them and pledged to abide by the outcome of the vote.

From undrunk beer to unfinished forestry equipment, businesses deliberate just-in-time or just-in-case inventories.

Some big U.S. companies have dropped workplace mask mandates as Covid-19 cases fall and vaccination rates rise.

The U.S. added 531,000 jobs in October and the unemployment rate fell to 4.6%, as the labor market rebounded from a summer lull.

Employers are easing job requirements and speeding up hiring procedures to survive a U.S. labor market with more openings than applicants.

The roughly $1 trillion infrastructure package will modestly help the economy in the short run while priming the country for slightly stronger growth in coming decades, economists say.

Supply-chain problems and a lack of clarity about the future of tax credits in the congressional spending bill threaten to slow U.S. wind power growth.

An auto giant could reap more than $7 billion from a hot IPO. To get there, it had to elbow out a longtime rival.

The security-software company is nearing a deal to sell itself to a group including private-equity firms Advent International and Permira for more than $10 billion, according to people familiar with the matter.