US Business

Some investors had been hoping the retailer would tap an outsider to come in and shake things up. They got Michael Fiddelke instead.

The chip designer halts production of the H20 AI chip that it developed for China, after Beijing told companies there not to buy it.

Buyers for the bankrupt chain envision short shorts and lots of butter sauce.

Spirit is exploring strategic alternatives after its recent restructuring failed to put the budget carrier on a sustainable path.

Walmart, Amazon and T.J. Maxx are beating out rivals by offering deals to stressed-out consumers.

The administration isn’t eyeing equity in semiconductor companies that are increasing U.S. investment like TSMC and Micron, but may take stakes in others.

Netflix is also in advanced talks with the league to stream the Home Run Derby in a deal that would be worth more than $105 million.

The purchase is envisioned as a component of a more expansive trade deal if the world’s two largest economies can reach an agreement in the next few months.

Some accidents involving the EV’s automated driving technology weren’t submitted for months.

The rental-car operator is looking to boost its profit by selling vehicles directly to consumers.