US Business

The chief executive was pressed to defend the App Store’s restrictions on in-app purchases as he testified in an antitrust case triggered by “Fortnite” distributor Epic Games.

Kansas City Southern said it would combine with Canadian National Railway after deeming the offer as superior to the agreement it had struck with Canadian Pacific Railway.

The lofty prices of cryptocurrencies have investors sinking money into electricity generation, risking a backlash.

The artificial intelligence unit’s desire for an independent legal structure has been thwarted by its parent company.

Commerce Secretary Gina Raimondo said she is looking for ways to help auto makers amid a global semiconductor shortage but won’t prioritize them over other chip users, as the industry presses the Biden administration for assistance.

Carnival Corp. said it is planning to resume Alaska sailings in July, in what would be among the first sailings out of the U.S. since the onset of the Covid-19 pandemic.

Companies are forgoing investment and turning down contracts as they compete with unemployment benefits and wage increases at larger firms.

The rail operator is expected to favor a competing deal from Canadian National Railway, according to people familiar with the matter.

Tesla drivers have created an online-video genre out of testing what’s possible with their vehicles, in some cases appearing to override safety functions to perform stunts that they post to YouTube or TikTok.

ByteDance Chief Executive Zhang Yiming is stepping down from his role to focus on long-term strategy. He will be succeeded by co-founder Liang Rubo.