US Business

The technology may transform business. But it clearly isn’t there yet.

Honeywell International has agreed to sell its personal-protective-equipment business to a private-equity firm’s portfolio company for $1.33 billion in cash.

The Swedish battery maker said Carlsson will become a senior adviser as the company enters U.S. bankruptcy and initiates a debt restructuring. The search for a new chief executive is underway.

Kioxia plans to raise more than $740 million in its initial public offering, seeking growth capital to meet rising demand for chips used in artificial intelligence and data centers.

The convenience chain is at the center of a bidding war between would-be buyers on two continents. Here’s why they’re hungry for it.

Peter Cancro started slinging subs at his local shop at 14. Now he’s selling the national chain he built to Blackstone.

SiriusXM Radio will have to change its cancellation practices in New York state after a court said it created a burdensome procedure for consumers and subscribers, according to New York Attorney General Letitia James.

Bosch said it expected to cut 3,500 jobs in its cross-domain computing solutions division by 2027. Subdued car sales and intense competition have hit earnings at carmakers.

Erik Brynjolfsson and James Milin of Workhelix say companies can reap rewards by homing in on tasks within the organization that AI can do faster.

The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.