US Business

The world’s largest hotel operator posted a third-quarter profit of $100 million, following on a pandemic-driven loss in the second quarter, but said a recovery in travel demand remains hard to predict.

CVS Health named as its next CEO Karen Lynch, chief of the company’s Aetna insurance arm, as the pharmacy giant navigates the coronavirus pandemic and a shifting health-care landscape.

Coca-Cola, GM, Estee Lauder and others got a lift in the third quarter from Chinese consumers spending big, even as a surge in Covid-19 cases in the U.S. and Europe tempers demand elsewhere.

Satellite-TV provider’s low-cost online television service bucked the cord-cutting trend while its new wireless service shrank during the company’s first full quarter as a cellphone carrier.

The encrypted messaging platform is allowed to bring the service to a maximum of 20 million users, up from a limit of one million but far from all of its more than 400 million users in India.

Toyota raised its full-year operating profit estimate by nearly $8 billion, adding its name to the list of big car makers benefiting from an upsurge in Chinese and American demand for vehicles.

The social-media company has announced new measures to restrict the spread of false and possibly dangerous material.

Consumers holed up during the pandemic redirected their travel and entertainment dollars toward pizza, videogames, home-exercise equipment and luxury goods, according to several corporate updates Thursday.

Food delivery continues to be a bright spot for the ride-hailing operator, but it hasn’t offset an overall revenue decline.

Gig-economy companies won passage of a California ballot measure protecting their contract-worker systems, a major victory the companies hope will help them beat back challenges to their business models elsewhere.