US Business

PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.

The consulting firm is cutting back on state-linked clients and is working to separate its China operations

Omead Afshar, who used to work in the office of the CEO, has moved into a vice president role with sales and manufacturing operations under him.

The oil refiner said the unit’s long-term sustainability is uncertain and affected by market dynamics.

The SEC’s comments largely focus on the allocation of previously incurred card misclassification charges between revenue and expense, Discover said.

The Australian mining giant said it produced 64.6 million metric tons of iron ore in the three months through September, up 2% on a year earlier. Copper production rose by 4% to 476,300 tons, the company said.

The Transportation Department said the fine is the largest it has issued against an airline for civil-rights violations. 

Investment is part of a strategic partnership between the specialty retail chain and the owner of Bed Bath & Beyond designed to return the Container Store to profitable comparable store growth.

The jet maker moves to raise much needed cash and secures a new credit line amid paralyzing machinist strike.

The drama over a New York Magazine reporter’s relationship with onetime presidential candidate Robert F. Kennedy Jr. is playing out in two different venues.