US Business

The company reversed a demand that employees remove the app from company mobile devices, a shocking turnabout from a dictate that just hours before had stoked concern about the app’s security and ties to China.

AMC Entertainment has reached a deal with investors who will pump $300 million of new money into the company, as the nation’s largest theater chain looks to fill seats with moviegoers still wary of coronavirus pandemic.

A number of popular apps such as Spotify and Tinder experienced outages because of a bug in Facebook’s software for iPhone users.

American has threatened to cancel some of its orders for Boeing’s troubled 737 MAX jets, people familiar with the matter said, a sign of deepening financial stress in aviation.

A battle is brewing for control of Brooks Brothers, with at least two apparel ventures looking to take over the bankrupt clothing retailer, according to people familiar with the matter.

The auto maker’s strong performance during the pandemic has sent its stock soaring, dealing a blow to investors betting against the Silicon Valley auto maker. And Tesla’s chief is having a blast rubbing their noses in it.

The aviation-industry crisis triggered by the coronavirus pandemic is exacerbating a yearslong move by airlines away from big jets.

The pandemic is speeding meatpackers’ shift from human meat cutters to automated ones, but machines can’t yet match people’s ability. While meat processing overall has grown safer in recent years, it remains one of the more hazardous jobs in the U.S. economy.

ByteDance is considering changing the corporate structure of its popular short-video app TikTok, as it comes under increasing scrutiny in its biggest markets over its Chinese ties.

The social-media company has a team working on a subscription service that could give it a new revenue source as it faces pressure to boost earnings.