US Business

Walt Disney said it would lay off about 32,000 employees, primarily at its theme parks, as the coronavirus pandemic continues to drag on its businesses.

A top AstraZeneca executive pushes back against criticism that the company failed to disclose enough data from a clinical trial of its Covid-19 vaccine.

A deal, which would mark a big move by the corporate-software maker into office communications, could be reached in days.

State officials in New Mexico are offering grocery stores, retailers and other essential businesses a way to avoid shutdowns when workers become infected with Covid-19: regularly test all employees.

The Texas oil giant has lowered its outlook on oil prices, suggesting it expects the fallout from the coronavirus pandemic to linger for much of the next decade.

ViacomCBS is close to a deal to sell book publisher Simon & Schuster to German media giant Bertelsmann for more than $2 billion, according to people familiar with the matter.

Gap’s quarterly sales rebounded from spring shutdowns but increased marketing weighed on profits. Executives cautioned that rising Covid-19 infections could slow visits to stores during the holiday season.

Remote working fueled strong demand for Dell and HP personal computers in the latest quarter, cushioning the impact from lower office-equipment spending.

The guilty plea follows the approval last week by a U.S. bankruptcy court judge of an $8.34 billion settlement between Purdue Pharma and the Justice Department.

General Electric warned employees that more job cuts are coming to the conglomerate’s jet-engine business because of the pandemic’s impact on commercial air travel even with the promise of a vaccine on the horizon.