US Business

Plan encourages federal agencies to adopt policies that push back against corporate consolidation and practices that the White House says stifle competition and lead to higher prices and fewer product choices.

The entrepreneur’s planned journey to the edge of space could bolster interest in trips, but widespread travel there is probably still years off.

The tobacco maker said the acquisition of the U.K.’s Vectura for $1.24 billion in cash is part of its evolution into a broader healthcare and wellness company.

Shale companies pumped with abandon anytime oil prices rose sharply last decade. But as crude tops $70 a barrel, they are barely doing enough to sustain U.S. production.

The company and its partner BioNTech are also developing an updated version of their vaccine to better protect against the Delta variant.

California lawyer was convicted in February 2020 after he threatened to expose purported corruption in Nike’s elite basketball program unless the apparel giant paid him to conduct an internal investigation.

The Biden administration will push regulators to confront consolidation and perceived anticompetitive pricing in the ocean shipping and railroad industries as part of a broad effort to blunt the power of big business to dominate industries.

The agency recommended Aduhelm be prescribed only for patients in early stages of the disease, a move that could reduce the cost to the federal Medicare program.

A powerful agency that China’s President Xi Jinping set up during his first term to police the internet is taking on a new role: regulating U.S.-listed Chinese companies.

The complaint from 36 states and the District of Columbia alleges that the company monopolized the distribution of apps on mobile devices running the Android operating system.