US Business

The company predicts shipments of 500 million to 550 million 5G handsets this year despite a chip shortage.

The farm and construction equipment maker said it has made its best and final offer, while striking UAW-represented workers discussed their next steps after a second vote to ratify a new contract failed.

The company’s CEO said creating physician-staffed primary-care practices has become a priority as CVS works to become a major healthcare provider.

The trucking industry has churned through drivers for years. The pandemic has made the job even harder, and businesses say the worsening shortage is holding back the nation’s ability to keep goods moving.

As striking production employees at 12 plants vote down a tentative offer, the farm equipment and construction machinery company says it will continue to maintain operations with nonunion employees.

The company increased its forecast for sales of the vaccine this year to about $36 billion, a roughly 7% boost from previous guidance.

Under a new U.S. government rule, large hospitals could pay as much as $2 million annually if they don’t make prices public, which some haven’t done despite federal requirements.

The jury heard testimony that Theranos altered a document to show investors that its technology had been validated by a major pharmaceutical company.

The Justice Department filed a lawsuit seeking to block Penguin Random House from acquiring rival Simon & Schuster for nearly $2.18 billion, the latest in a series of aggressive antitrust cases brought under the Biden administration.

DuPont is nearing a deal to buy Rogers Corp., an electronics-materials specialist with a market value of nearly $4 billion. It also plans to review alternatives for its unit specializing in materials used in the automotive industry.