US Business

Through roughly $30 million in cost reductions—a mix of furloughs, pay cuts, layoffs and other changes—the digital media company said its finances are stabilizing after the pandemic hurt its ad revenue.

The parent of Dunkin’ and Baskin-Robbins said it has held early talks to go private in an acquisition by Inspire Brands, whose portfolio includes Arby’s, Buffalo Wild Wings and Jimmy John’s chains.

Republican and Democratic political advertisers are scrambling to submit their ads to the social-media giant before the end of Monday after the company moved to ban new political ads in the week before Election Day.

Sonia Syngal must defy the vortex consuming companies that weren’t prepared for the Covid crisis. She is plotting a future of fewer stores and more fashion risks to revive the company’s namesake brand.

Bayer intends to acquire U.S.-based Asklepios BioPharmaceutical to strengthen the German company’s drugmaking arm, as Bayer continues to reel from its acquisition of crops giant Monsanto.

Hundreds of billions of dollars in tariffs on Chinese goods imposed by the Trump administration didn’t achieve the central objective of reversing a U.S. decline in manufacturing, economic data shows.

The emergency measures, originally designed for countries facing mass ethnic or political bloodshed, include slowing the spread of viral content and lowering the bar for suppressing potentially inflammatory posts.

Many executives see the Democratic nominee as less adversarial than Sanders or Warren, and less unpredictable than Trump. Yet political attitudes vary considerably by industry and type of business.

U.S. manufacturers are falling short of demand for goods from cars to appliances to lawn mowers that consumers are buying in big numbers as the pandemic drags on.

Samsung Chairman Lee Kun-hee, who transformed a second-tier electronics parts maker into the world’s biggest manufacturer of smartphones and televisions, died Sunday. He was 78 years old.