US Business

AESC poured billions of dollars into electric-vehicle battery factories before stopping work.

Retailing giant submitted a bid for distributor GMS, which already received an unsolicited offer from serial dealmaker Brad Jacobs this week.

Young people are obsessed with the private equity-backed Blank Street Coffee, which has been doubling down on sugary green tea.

Executives vouch for the safety and affordability of the U.S. food system while RFK Jr. targets chemicals and additives.

Susan Morris seeks to cut costs and hold down prices after a court blocked the supermarket chains’ megamerger.

Walmart-owned warehouse-club chain considers price increases on small kitchen appliances, while keeping pricing flat on more than 1,000 summer items.

It isn’t just Amazon. There’s a growing belief that having too many employees will slow a company down—and that anyone still on the payroll could be working harder.

The company is facing legal hurdles and other obstacles before its cars can cruise the city’s streets without drivers.

Previously, Graff was CFO at provider of hardware and software solutions Altera, and before that served as CFO and chief operating officer for Intel’s data center and AI group.

The preliminary finding gives investigators a new line of inquiry as they study a crash that killed all but one of the plane’s passengers.