US Business

The Senate holds a hearing Thursday about the social network’s impact on children and young adults. It was prompted by Wall Street Journal coverage that drew from the company’s own research.

The aviation regulator said the company didn’t properly communicate during a July mission that carried founder Richard Branson to space.

Examples of content that would be taken down include false claims that approved vaccines cause autism, cancer or infertility or that they don’t reduce transmission or contraction of diseases.

The retailer plans to sell products at $1.25 and $1.50 or other prices slightly above $1 in some of its stores, as supply-chain snarls, a tight labor market and inflation push costs higher.

China Evergrande plans to raise about $1.5 billion by selling most of its minority stake in a Chinese bank to a state-owned enterprise, an indication that authorities are moving to contain the fallout from its financial difficulties.

A lawyer for Theranos founder Elizabeth Holmes took an aggressive approach during his cross-examination of Adam Rosendorff, the company’s onetime lab director.

In the race to build a cheaper and longer-range electric car, auto companies are pouring more money into the technology, which has long been considered a moonshot.

Many parents and doctors had hoped the Pfizer-BioNTech vaccine would be available for 5- to-11-year-olds next month, but Pfizer must finish filing study data and complete its application to the FDA.

Facebook has investigated how to engage young users in response to competition from Snapchat and TikTok. A 2019 internal presentation was titled: “Exploring playdates as a growth lever.”

Shift in stance by Meng Wanzhou paved way for U.S. prosecutors to get an acknowledgment of wrongdoing—and for Canada to get two of its citizens out of China.