US Business

The telecommunications giant is giving up its dreams of marrying content and distribution—one of the biggest about-faces in corporate deal history. Company plans to spin off HBO, CNN, Warner Bros. studio and other assets.

The Biden administration intends to share 20 million doses of Covid-19 vaccines produced by Moderna, Pfizer and J&J with other countries by the end of June.

The activist investor is seeking board seats at Duke and wants the company to form a strategic-review committee.

The iPhone maker’s chief executive is set to argue the company’s case against Epic Games’ antitrust claims.

Brendon Babenzien, the veteran streetwear pioneer, is being hired to push the limits of the preppy retailer’s designs.

The deal would continue consolidation in a media business buffeted by cord-cutting and streaming.

Some Microsoft directors began an investigation in 2019 into a woman’s allegations of a prior sexual relationship with Bill Gates; Mr. Gates’s spokeswoman says his decision to leave the board in 2020 wasn’t related to the matter.

New CDC guidance on masking and social distancing for vaccinated people throws a wrinkle into plans for repopulating city centers.

A decade after the fracking boom took off, the fuel faces disruption by a new combination on the electric grid: renewable energy and electricity storage.

Jobless claims continued a steady decline last week, dropping to 473,000, in a sign hiring is primed to strengthen as workers return to the labor market.