US Business

The contract electronics maker signed a new deal with the state to invest as much as $672 million, instead of up to $10 billion.

Price increases on baby products, adult diapers and feminine-care brands come as the company reports slowing growth in latest quarter.

The tech giant added a paid subscription to its podcast app that heightens its competition with Spotify, along with other new products including an updated high-end iPad.

The chat startup has decided to remain independent as it resumes interest in a potential initial public offering.

The Biden administration is considering a rule to require tobacco companies to reduce the nicotine in all cigarettes sold in the U.S. to levels at which they are no longer addictive, according to people familiar with the matter.

IBM posted higher revenue ahead of a landmark split of the business this year that is part of CEO Arvind Krishna’s plan to revive growth at the veteran tech company.

The company has excluded user downloads of the social-media app Parler since January, citing objectionable content.

The British government said it would investigate Nvidia’s $40 billion deal to buy British chip designer Arm from SoftBank, widening the regulatory scrutiny of the proposed transaction.

Semiconductor producers are trying to increase output by changing manufacturing processes, opening spare capacity to rivals and swapping over production lines. But the small gains are unlikely to fix the shortfalls hampering production of everything from cars to home appliances to PCs.

Penske Media, the publisher of magazines like Rolling Stone, Billboard and Variety, agreed to acquire a 50% stake in South by Southwest, the famed tech, music and movie festival.