US Business

The U.S. economy has had more than 10 million open jobs since June, an extraordinary stretch of imbalance in the labor market that also includes record numbers of workers quitting their jobs.

Johnson & Johnson intends to separate its high-margin prescription-drugs and medical-devices business from its storied but slower-growing consumer group, creating two publicly traded companies.

The company is trying to woo subscribers with perks at its theme parks and by premiering recent hit films on Disney+ to mark the streaming service’s anniversary.

The segment seeking to profit from the renewable-energy boom is described by analysts as the weakest of the three set to emerge from the conglomerate.

The company plans the split by March 2024 in response to shareholder pressure for a more focused structure.

The CEO sold about 4.5 million Tesla shares Monday through Wednesday and likely needs to sell upward of 12.5 million more to reach his goal.

Stacy Spikes, former chief of MoviePass, said he intends to test a revised business model between the Thanksgiving and New Year holidays, according to court documents.

Issues including cost and print speeds have constrained the 3-D printing industry, but a rise in global shipping costs and new techniques are making the technology more attractive.

Siemens lived for decades in General Electric’s shadow, with the German company often mimicking its American competitor’s practices and looking to the conglomerate as a benchmark. The tables have turned.

Share disposal comes as the billionaire chief executive exercises a large number of stock options.