US Business

The insurer reported better-than-expected profit on higher gross written premiums and net inflows from its life business.

The financial services company raised its full-year guidance and said it expected to start buying back shares in January.

Hyundai Motor appointed Jose Munoz as its new president and chief executive, making him the first non-Korean leader of the auto giant.

Effissimo Capital Management says it has built a stake days after the carmaker unveiled sweeping restructuring and cost-cutting plans.

The company recently completed the relocation of its manufacturing operations from China to Thailand.

General Motors has cut 1,000 jobs, according to a person familiar with the reductions, marking the latest effort by the automaker to trim costs as it ramps up sales in unprofitable electric vehicles.

The former late-night host will succeed Jimmy Kimmel, an Academy Awards regular.

The lawsuit is the second by a large drugmaker in recent days challenging how it provides required discounts to certain hospitals.

Adjusted earnings before interest, taxes, depreciation and amortization declined about 4% to 47.33 billion yuan in its fiscal second quarter.

The South Korean technology giant’s stock repurchase plan comes amid investor concerns over its flagship memory-chip business, which is missing out on the artificial intelligence boom.