US Business

Adidas said it expects revenue to recover as the sports-gear group’s stores continue to reopen and digital sales thrive after the coronavirus lockdowns pushed the company into a net loss in the second quarter.

Facebook and Twitter removed a video posted by President Trump in which he said children are “almost immune” from Covid-19, a claim that the companies said ran afoul their rules against harmful misinformation about coronavirus.

Attorneys general for 19 states and the District of Columbia are calling on the social-media giant to take additional steps to combat harassment and hate speech on its platforms.

Samsung’s newest flagship devices come with 5G, bigger screens, faster processing power—and a lower price point to buy in.

Facebook’s Instagram has launched a short-video feature in the U.S., challenging the empire that Chinese social-media upstart TikTok has built on user-generated dance videos, comedy skits and viral challenges.

The Justice Department is seeking as much as $18.1 billion from bankrupt opioid maker Purdue Pharma, new filings show, a demand that could disrupt the company’s monthslong effort to reach a settlement with states and local communities that accuse it of helping fuel the opioid crisis.

The entertainment company’s revenue fell 42% in the latest quarter as the pandemic wreaked havoc on its theme parks and other businesses, resulting in a $4.72 billion loss.

The Securities and Exchange Commission is investigating the circumstances around Eastman Kodak’s announcement of a $765 million government loan to make drugs at its U.S. factories, according to people familiar with the matter.

Merger deals are rarely simple. But Satya Nadella now is attempting to ink a takeover agreement that satisfies not only both the companies and their shareholders, but two governments in bitter competition for technological clout.

Department stores were once on the leading edge of retailing—big, exciting places to shop, where consumers could find everything from the latest toaster to an evening dress and matching shoes.