US Business

Rio Tinto said it has agreed to buy electricity from the planned Upper Calliope solar farm in eastern Australia to power its Gladstone operations.

Wayfair employees who work remotely were more likely to be laid off in the latest round of job cuts at the online furniture seller, executives told staff.

The publisher of California’s most-prominent newspaper, which lost three of its top editors in recent days, is shrinking the newsroom by around 20% in the latest round of cuts.

Netflix is ramping up its investments in live programming with a deal for WWE wrestling rights, as it continues to add new customers at a rapid clip. Shares rose about 4% after hours.

The announcement comes as Kering and the wider luxury-goods industry grapple with slowing sales globally after years of strong results following the pandemic.

The Federal Aviation Administration is recommending that airlines check a second type of Boeing jet that uses the same kind of door plug as the one that blew out of an Alaska Airlines flight earlier this month.

Fuel distributor Sunoco has agreed to buy liquids terminal and pipeline operator NuStar Energy in a stock-swap transaction valued at about $7.3 billion, including assumed debt.

The law requires employers to disclose how algorithms screen job candidates; a loophole made it easier to sidestep it.

Individual investors had bolstered the company’s share price in their enthusiasm for its new AI data platform.

BYD overtook Tesla as the world’s top electric-vehicle seller by offering Chinese drivers a choice of models. Now it is moving into the luxury market.