US Business

CEO Jeff Shell wants to shake up the entertainment giant as quickly as possible, throwing out old conventions. The pandemic is giving him license to do it.

The number of people buying their first iPhone is declining. Apple’s annual Worldwide Developers Conference this coming week will showcase how the technology giant is diversifying so that it no longer has to rely so heavily on its signature product.

Theme parks make their money by packing roller coasters with screaming riders and filling wave pools with bobbing bodies. The pandemic upended that model, forcing a 74-year-old amusement palace in southwest Indiana to rethink everything. Holiday World is in for a dizzying summer.

Apple is re-closing 11 stores across four states where cases of the coronavirus have climbed, showing wariness in the business community about the safety of reopening in some places.

The company said the president’s re-election ads violated its policy against “organized hate.” Some of the content Facebook took down featured a symbol once used by the Nazis, presented without context.

A prominent advertising agency is advising clients to support an ad boycott against Facebook that was recently called for by civil-rights groups, a move that comes amid growing tensions between Madison Avenue and the social network.

The Trump administration on Thursday blacklisted more than a dozen individuals, their businesses and tankers alleged to have been involved in as much as 40% of Venezuela’s crude-oil exports in recent weeks.

Marathon Petroleum is in discussions with potential buyers of its Speedway gas-station unit, reviving a sale that fell apart in the early stages of the coronavirus crisis.

The biggest movie chains aim to be back in business in time for “Mulan” and “Tenet” releases.

Google announced a new hiring goal to dramatically boost the number of black executives at the search giant.