US Business

ViacomCBS lost more than half of its market capitalization last week—yet it still remains nearly four times as valuable as it did a year ago.

The vast container ship that was blocking the canal for six days has been freed and is moving north to an anchor point, the Suez Canal Authority said, paving the way to open the critical waterway and ease days of global supply delays.

The wireless company intends to wind down its skinny bundle of cable channels next month and form an alliance with Google’s YouTube TV.

Airline’s order is boost for the plane maker, which had been hurt by a prolonged grounding and pandemic.

Mason Slaine, a Florida technology investor and minority shareholder in Tribune, told The Wall Street Journal he is willing to put up $100 million toward a bid being put together by Stewart Bainum.

The deal would add a portfolio of high-profile novels from authors such as George Orwell, Philip Roth and J.R.R. Tolkien to News Corp’s HarperCollins Publishers division.

The industry is rerouting ships and forecasting delays and congestion at ports in the longer term.

Virtual brands have mushroomed on delivery apps as restaurants seek new customers for their kitchens.

Iron-powered electric vehicles are surging in China, grabbing nearly half of the market and spurring the rise of more affordable EVs, but concerns remain about their range and cold-weather performance.

Prices to buy and rent farmland have been revived by rallying grain markets, historic government payments and low interest rates—and that has made it harder for smaller farmers to compete.