US Business

The company has been trying to turn the fortunes of its steel business around while making operations more sustainable, an effort complicated by rising costs and market conditions.

The chief executive of Cerence has stepped down and will be succeeded by Brian Krzanich, the former chief of Intel and CDK Global.

China plans to impose provisional antidumping tariffs on European brandy, ranging from 30.6% to 39%, and reversing from an earlier stance.

The partnership aims to extend the use of devices powered by generative AI, through Google’s Gemini models, to Vodafone’s customers in Europe and Africa.

The Austrian energy company said growing security concerns in Libya hampered third-quarter earnings, along with weaker oil prices and refining margins through the period.

The country’s sharp shift to EVs and stronger local competition have deflated a key profit engine for the U.S. automaker.

The drugmaker has cut costs already and has no coming product approvals or research that could offer a quick lift.

Oil companies try to persuade the former president and his Republican allies not to slash provisions of the Inflation Reduction Act potentially worth billions.

The expensive musical, ‘Joker: Folie à Deux,’ starring Lady Gaga and Joaquin Phoenix, hits the wrong note with critics and audiences.

Rampant cost-cutting across a media industry struggling to transition to the streaming era is finally coming for the sacred cows.