US Business

A lawsuit by popular users looked like a grass-roots effort, but the legal action was orchestrated behind the scenes by TikTok and parent company ByteDance, according to people familiar with the effort.

Ascena Retail Group said the private equity firm has committed to retaining a “substantial portion” of the stores it seeks to buy out of bankruptcy.

Section 230 is facing threats unlike anything in its 24-year history, with potentially significant consequences for websites that host user content.

The governors, contending with their own budget problems, say they are unable to provide additional funds to small businesses.

Walt Disney said it would lay off about 32,000 employees, primarily at its theme parks, as the coronavirus pandemic continues to drag on its businesses.

A top AstraZeneca executive pushes back against criticism that the company failed to disclose enough data from a clinical trial of its Covid-19 vaccine.

A deal, which would mark a big move by the corporate-software maker into office communications, could be reached in days.

State officials in New Mexico are offering grocery stores, retailers and other essential businesses a way to avoid shutdowns when workers become infected with Covid-19: regularly test all employees.

The Texas oil giant has lowered its outlook on oil prices, suggesting it expects the fallout from the coronavirus pandemic to linger for much of the next decade.

ViacomCBS is close to a deal to sell book publisher Simon & Schuster to German media giant Bertelsmann for more than $2 billion, according to people familiar with the matter.