US Business

Shareholders voted down Starboard Value’s proposal, which was aimed at damping the Murdoch family’s influence over the media conglomerate.

The jet maker will overhaul employee incentive plan and delay R&D spending.

Shares surged following the earnings announcement. The company’s market value has nearly doubled over the past 52 weeks.

The Tesla supplier expects more than $20 billion in sales by the end of the decade, delaying a target it hoped to hit much earlier.

Tokyo Gas shares rose sharply after activist investor Elliott Investment Management disclosed that it built a stake in the Japanese utility company.

The retailer said sales rose during the most recent quarter, propelled by shoppers buying groceries, home goods and toys—a sign that spending is off to a steady start this holiday season.

The miner is finding it difficult to stamp out sexual harassment, racism, and bullying as it faces resistance and backlash from some workers to its efforts to overhaul the culture.

The company wants to sharply increase flights of the massive vehicle.

The PC maker’s earnings grew faster than expected, as Lenovo began to reap benefits from its bets on artificial intelligence.

Applied Materials forecasts revenue growth of between 8% and 12% across its core semiconductor-systems business and its applied global-services segment, respectively, but also a 28% drop in display revenue due to sales headwinds in China.