US Business

Companies that are pulling back are also choosing to hold onto workers, avoiding the large-scale job cuts that led to recessions in earlier economic slowdowns.

Barnes & Noble used to be the book industry’s villain. Its new CEO wants to make it more like a scrappy indie outpost—596 of them, to be exact.

Though earnings dipped last quarter, oil giants together added $14 billion in profits to their cash piles and are hunting for potential acquisitions.

Internal Meta emails say pressure from Washington was behind a decision to take down posts attributing the pandemic to a man-made virus.

Beneficient executives and board directors headed for the exits over signs of trouble—long before a financial blowup that is now under investigation by the SEC and which could leave nearly 28,000 investors empty-handed.

Car sellers and car buyers confronted a whole host of challenges in the pandemic, and now it’s clear that some of the challenges are here to stay. “Normal is not our benchmark anymore.”

The troubled trucking company is seeking to raise cash and stave off a potential bankruptcy filing.

Athleisure brand Feat says it didn’t intend to cause “fear, anxiety and discomfort” to a “subset of customers.”

The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher rates.

The company and researchers differ regarding how to interpret the findings from studies of the 2020 presidential election.