US Business

Shares of new electric-vehicle makers Lordstown Motors, Nikola and Canoo are holding tight despite a challenging series of speed bumps

The Swiss lender has backed away from lending to SoftBank and its founder, according to regulatory filings and people familiar with the matter, as it tries to limit risk in the wake of the collapse of Greensill and Archegos.

Customers navigating new rules are facing long phone waits for assistance. At airports, short-staffing slows security lines, shops and restaurants.

The drugstore chains say business generated by Covid-19 vaccinations is helping them recover from the pandemic’s impact on costs and revenue last year.

The Small Business Administration, overwhelmed by demand from ailing entrepreneurs, has been slow to distribute loans and grants needed to survive the pandemic.

Government agents have made on-site inspections, during which they questioned company executives, downloaded financial records and collected internal communications.

The disclosure comes days after the electric-truck startup’s president said the company had “pretty binding” preorders and enough interest from potential buyers to sustain factory output through the end of 2022.

Online brands that face stiff competition and rising costs for digital ads are trying other ways to find customers, such as using free content to foster virtual communities and sending out printed catalogs.

With demand for vacation-home rentals near beaches, lakes and national parks staying high as the economy reopens, short-term rental platforms are finding ways to sign up more hosts and increase listings.

An antitrust lawsuit alleges insurance broker Aon’s proposed $35 billion acquisition of rival Willis Towers Watson would lead to higher prices and stifle innovation.