US Business

The videogame retailer didn’t provide a reason for Jim Bell’s exit.

Facebook’s agreement with Australia’s government to restore news content to its platform comes as political leaders elsewhere have pledged to increase scrutiny on tech giants, and as news outlets plan to amp up pressure on the company to cut deals.

Mr. Blackburn’s departure after a sabbatical comes as CEO Jeff Bezos is set to become chairman and other leadership changes.

Home Depot has fared better than Macy’s during the pandemic as consumers have chosen home improvements over new clothes, but they say that could change if the health crisis eases.

The government will make changes to legislation, including requiring more negotiation before binding arbitration kicks in.

U.S. air-safety regulators were considering whether to mandate increased inspections of certain Pratt & Whitney engines before one powering a United Airlines flight broke apart over a town near Denver, the FAA said.

According to terms being discussed, SoftBank would spend roughly $1.5 billion to buy the shares of early WeWork investors and employees. Former CEO Adam Neumann would get $500 million.

The Brazilian president’s move to install new leadership at the state-owned oil giant sparked a crisis of confidence in his administration’s commitment to free-market policies.

Snarled supply chains and a labor shortage are thwarting a full reopening of U.S. manufacturing, in a phenomenon known as the “bullwhip effect.”

The Federal Aviation Administration has ordered immediate inspections of Boeing 777 aircraft equipped with the type of engine that broke apart in the air over a Colorado town.