US Business

Aging rockers play on and the networking never ends among royals, politicians and CEOs.

After more than a decade of producing and financing movies and shows, Skydance Media’s David Ellison eyes Paramount.

A federal judge, in ruling this week against the planned tie-up, had sided with federal antitrust enforcers who said the deal would reduce competition and harm consumers.

The onetime pre-eminent voice in sports journalism for decades has struggled like many other magazines to keep pace with the transition to digital media and changes in advertising.

Cummins, the leading maker of diesel engines in the U.S., and two truck makers, Daimler and Paccar, are teaming up on a $2 billion factory in Mississippi to make batteries for electric commercial trucks.

The fast-food chain said Penegor, who has served as CEO since 2016 and joined the company a decade ago, will leave in February.

Shares jumped after news of the AT&T and Google investments, then reversed course after the company launched the offering.

The regional air carrier said it has amended its CPA agreement with United to increase its block-hour rate, which should generate about $63.5 million in extra revenue

The layoffs are expected to be smaller and more targeted than those in 2023.

Shares of European and Chinese automakers fell after Tesla continued to cut prices, amid heightened global competition and uncertain demand in the electric-vehicle market.