US Business

Acting chairwoman Rebecca Kelly Slaughter favors a new approach to analyzing how drug-company deals affect competition.

The change, after a court loss, reclassifies drivers as “workers” rather than independent contractors, making the U.K. the first place where Uber is paying directly for drivers’ vacations and pensions amid a global battle over gig-economy employment.

The tech giant says it will lower the service fee it collects from 30% to 15% on the first $1 million that developers earn from its Play store app marketplace.

The EU’s top drug regulator said it is still firmly convinced that the benefits of AstraZeneca’s Covid-19 vaccine outweigh the risks, after a string of nations in the bloc temporarily halted use of the shot over blood-clot concerns.

While federal health officials still advise against travel, passenger volumes are picking up as U.S. airline executives voice optimism about a rebound.

The Canadian communications companies seek to invest in Canada’s rollout of fifth-generation wireless service.

The countries joined some smaller European nations that have temporarily stopped giving the vaccine amid a small number of cases of blood clotting. Health regulators and AstraZeneca said there is no known connection between severe clotting and the shot.

Residential home sales are hitting peaks last seen in 2006, just before the bubble burst, but this time mortgages are stricter, down payments are higher, and a tight supply is supporting prices.

The chief executive will retain his role while changing his title at the electric vehicle maker.

China’s government has asked Alibaba Group to dispose of its media assets, as officials grow more concerned about the technology giant’s sway over public opinion in the country.