US Business

The German carrier group said strikes by employees within the group and also by employees at partners hit earnings by around €350 million.

Toyota surges, Tesla slumps as car buyers reassess their options for electrified models.

If approved, the money could be disbursed to claimants as soon as year’s end, says an attorney.

Australia plans to toughen its corporate merger rules amid regulators’ and public concerns that market concentration is restricting competition in key industries and adding to inflation.

The company suspended nationwide self-driving operations last year after California regulators pulled its permit following a crash.

The women’s college basketball championship game drew 18.9 million viewers vs. 14.8 million for the men’s final, fueled by Caitlin Clark’s emergence as a superstar.

Southeast Asia’s largest gummy maker is weighing options for its business, including a sale that could value Indonesia-based Yupi Indo Jelly Gum at about half a billion dollars.

Philips said it reached a final agreement with the U.S. Justice Department and Food and Drug Administration on terms of a settlement related its Respironics ventilators, and backed its medium-term guidance.

Bang & Olufsen will continue to target a larger share of higher margin revenue but it will adjust the timing and size of investments amid challenging market conditions, including in key markets in Europe and China.

The fashion retailer said the potential investor has expressed interest in a possible partnership.