US Business

The California utility company has reported to state regulators 62 ignitions in high-threat fire areas so far this year, compared with 65 for the entirety of 2023, according to company executives.

Federal auto-safety regulators have ended an investigation into the autonomous-driving system used by General Motors’ driverless-car business after a recall resolved concerns around inappropriately hard braking.

Advance Auto Parts has agreed to sell its Worldpac subsidiary to Carlyle Group for $1.5 billion in cash.

Deutsche Bank said it reached agreements with a large share of plaintiffs to settle a long-running legal case over the price of the acquisition of Postbank, a rival bank it bought more than a decade ago.

Shares in Bavarian Nordic surged after the Danish Mpox vaccine maker received a new order and reported earnings that beat expectations.

Canada’s labor minister says freight rail operations to resume “forthwith.”

In a letter from its lawyers, Skydance accuses Paramount’s committee of directors of violating the terms of its deal.

Federal prosecutors charged crypto lobbyist Michelle Bond with conspiring with her romantic partner, former FTX executive Ryan Salame, to illegally fund her failed 2022 congressional bid.

The Air Line Pilots Association, which represents more than 5,400 pilots at the flag carrier, said 98% of the pilots voted in favor of authorizing union leaders to call a strike.

The move comes after Mark Schneider, chief executive for the last eight years, decided to step down from his roles as CEO and member of the board of directors and leave the company.