US Business

The Sweden-based bank, which is consolidating its wealth and asset-management operations, said Jonas Ahlstrom, currently head of the large corporates & financial institutions, was appointed COO and deputy chief executive.

Mercedes-Benz has sold its remaining 10% stake in premium EV and hybrid maker Denza to BYD in the wake of disappointing sales locally.

Australian miner New Hope’s interest in dealmaking reflects its confidence that coal will remain in demand for years.

Companion apps promise to make you less lonely. We decided to put them to the test.

The world’s largest music company laid out a vision to drive revenue growth through 2028.

Nucor and Steel Dynamics forecast a drop in third-quarter earnings, citing weaker demand and shaky prices.

Philip Morris said it expects to record a loss on the sale of its inhaled-therapeutics unit to Molex Asia Holdings as it retools its pharmaceutical business.

The FTC report said the companies responsible for controlling spending on drugs were sometimes steering patients toward more expensive medicines.

Prosecutors allege Combs repeatedly abused and assaulted women, according to an indictment.

The San Francisco companies said the collaboration will develop autonomous-agent and interactive-avatar experiences.