US Business

Restaurants that survived waves of closures last year had headed into the summer optimistically as many occupancy limits were lifted. But individual operators and industry data now point to a more mixed picture.

Fanatics raised a new round of funding valuing the online sports-merchandise retailer at $18 billion, people familiar with the matter said, roughly tripling its valuation from a year ago.

Population growth and more devices in the hands of users don’t fully explain what amount to U.S. carriers’ biggest gains in nearly a decade.

The number of available jobs since May has outnumbered Americans looking for work. One factor is a mismatch between where people want to work and which industries are hiring.

The network averaged of 15.5 million prime-time viewers over their 17-day run, down 42% from the Rio de Janeiro Olympics in 2016.

The move for a new offer for Kansas City Southern would reignite a takeover battle with Canadian National Railway.

An 11-page account of the allegation was shared widely on Chinese social media and sparked a backlash against Alibaba’s handling of the case from employees and the broader public.

Samsung’s de facto leader will be released from prison on parole later this week, though it remains unclear how—or if—he can return to work right away at South Korea’s largest conglomerate.

The Delta variant has pushed Florida Covid-19 hospitalizations to records and AdventHealth’s Orlando-area hospitals beyond capacity, leaving patients to wait in emergency rooms in a potentially dangerous limbo.

The poultry giant is nearing a deal to sell itself for around $4.5 billion, according to people familiar with the matter, as it rides a wave of demand for chicken products.