US Business

An agreement could be completed as soon as this week, giving a lift to pharmaceutical giant’s work on treatments for rare diseases.

The auto giant plans to spend $7 billion to build two battery factories in Kentucky and a third in western Tennessee—part of a collaboration with SK Innovation—as well as a factory for producing electric trucks.

The move by Creative Artists Agency, which has guided Beyoncé and other megastars, is emblematic of how new distribution platforms including streaming have forced consolidation throughout the entertainment industry.

Critics of a children’s version of the social-media app the company was developing said it can be harmful to young people’s mental health.

The EV unit of the heavily indebted Chinese property developer said it might not be able to meet its financial obligations.

If the federal government can’t pay all its bills because of a political standoff, options include some measures Jerome Powell has called loathsome.

As crop prices climb, American farmers are unleashing spending and investment that had been subdued for years—leading to escalating farmland and equipment prices that could leave them exposed in years ahead.

Some cryptocurrency miners are striking deals with operators of struggling nuclear plants, which are carbon-free and have excess power capacity to spare.

Despite mounting shipping delays and cargo backlogs, the busiest U.S. port complex shuts its gates for hours on most days and remains closed on Sundays. Major ports in Asia and Europe have operated round-the-clock for years.

Congress faces a looming deadline to raise the debt ceiling and prevent a default on the national debt.