US Business

The deal for ADESA U.S. will help Carvana, which said its retail-sales growth flattened late last year, increase the number of cars it can sell.

The owner-operator of medical-office buildings around the country is in advanced talks to combine with a smaller rival in a deal that could create a company worth more than $10 billion.

The antitrust lawsuit argues the $13 billion tie-up would lead to higher costs.

Owners of the Verge and Bustle test alternatives to the AMP framework, an effort they expect will generate more ad revenue.

Carlsberg, BP, Exxon Mobil, ArcelorMittal and others with operations in Russia and Ukraine weigh contingencies and the impact of sanctions on their businesses there.

Andrew Meslow became CEO in 2020, ahead of the split-up of L Brands.

The executive, John Demsey, oversees a portfolio of the cosmetics company’s brands, including MAC and Clinique.

At a virtual conference, Chief Executive Jim Farley cited the opportunity for both electric-vehicle and internal-combustion businesses to grow.

The agency proposed limiting coverage of Biogen’s Aduhelm to patients enrolled in government-sanctioned clinical trials, a decision that would also apply to similar drugs being developed by rival firms.

Latest quarter sustains pandemic-era gains from a flood of home-improvement activity.