US Business

The world’s largest carrier by passenger traffic is again cutting its summer schedule as production problems prevent Boeing from handing over new 787s.

Prices are the highest since 2014, but top shale companies like Devon and Pioneer are choosing to grow slowly rather than drill more.

General Electric’s shares fell after the company warned that supply-chain problems, labor shortages and inflation would weigh on its financial results in the first half of the year.

Regulators opted to take more time to review the shot in that age group because the two-dose series so far wasn’t working well against the new variant during testing, people familiar with the move said.

Pat Gelsinger expects Intel to be able to reach and sustain double-digit annual revenue increases and gain market share.

Brazilian meatpacking giant JBS said it scrapped plans to buy the rest of the Colorado poultry company in a deal that had valued it at about $7 billion.

The SEC subpoenas more current and former executives, and a California agency seeks additional information on CEO Bobby Kotick and the board’s handling of workplace misconduct allegations.

Lawyers for the electric-car maker say the regulator hasn’t distributed a $40 million fine from a 2018 settlement to harmed shareholders.

The magazine giant attributes the feat to strong digital-revenue growth and cost savings from reorganizing its global operations, saying it generated nearly $2 billion in revenue last year.

Alta Fox Capital Management has nominated five directors to the toy company’s board, saying its stock has been trailing the broader market.