US Business

Walt Disney added 8.7 million Disney+ subscribers in its fiscal second quarter, and its parks segment logged an operating loss as the company faces an economy trying to emerge from the Covid-19 pandemic.

Large U.S. employers of lower-wage workers are raising pay and adding perks, with Amazon set to add 75,000 employees and offer signing bonuses and McDonald’s boosting wages at company-owned restaurants.

Apple parted ways with a prominent advertising-technology executive weeks after hiring him, following complaints about sexist and misogynistic passages in a memoir he wrote about his time at Facebook.

Car makers have cut production of 1.2 million vehicles in North America because of a shortage of computer chips, losing sales amid high demand.

Consumer prices surged in April by the most in any 12-month period since 2008 as the recovery picked up. Rising demand and supply bottlenecks are raising inflation concerns.

The owner of the primary fuel conduit for the East Coast said it would take several days for deliveries to get back to normal.

The plane maker has been working to address concerns about the aircraft components after one broke apart on a United Airlines jet over Colorado this year, people briefed on the matter said.

The billionaire investor said he puts the pizza chain in the category of “super-durable growth companies,” speaking at The Wall Street Journal’s Future of Everything Festival.

Costs of airfare, used cars and restaurant meals offer clues to the inflation puzzle.

The European Union’s second-highest court is set to decide whether to uphold a roughly $300 million tax bill that the bloc’s antitrust officials have said Amazon.com Inc. owes to Luxembourg.