US Business

Johnson & Johnson as well as the distributors McKesson, AmerisourceBergen and Cardinal Health stand to reap about $1 billion each.

Auto demand rebounded from a coronavirus slowdown for Ford, GM, VW and others, but the industry misjudged supply lines of semiconductors that control engines, airbags, touchscreens. “They don’t know how the sausage gets made.”

The online retailer said Attorney General Letitia James doesn’t have authority to regulate workplace safety.

On some days, more than half of the shares changing hands in the U.S. are traded outside public stock exchanges.

The dating app maker’s stock opened at $76 a share, well above its IPO price of $43 to bring its valuation to about $8.6 billion.

Disney reported a first-quarter profit, following two quarterly losses in a row, though the pandemic continued to zap results in the company’s movie-distribution and theme-park segments.

The companies say they are determined that no doses will go to waste, and are compiling wait lists and putting their own workers on standby in case extra shots become available.

The effort, which seeks to address a global chip shortage that is hurting U.S. auto makers and other industries, will look to free up supply-chain choke points and work with producers and trade partners.

Workplace-return dates are getting pushed to September or beyond, and that is keeping companies and their employees in a “moment of limbo.”

Zhang Feng has been investigated for alleged unauthorized sharing of personal data collected by WeChat to a former official.