US Business

Many U.S. highways are plagued by outdated highway infrastructures and interchanges, which cause congestion and delays. Transportation engineer Varanesh Singh analyzes the worst bottleneck in America and possible solutions that could improve traffic flow.

The carrier is reassessing Newark, N.J., operations after June flight cancellations, while United and American boosted their profit forecasts as summer travel booms.

The plant in Rocky Mount, N.C., produces a quarter of the sterile injectable medicines used by U.S. hospitals.

Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate of 4.16 million.

Net earnings at the pharmaceutical company rose 6.9% to $5.14 billion, or $1.96 a share.

The U.S. is seeking to build domestic supply chains but needs overseas expertise.

Chinese moviegoers are gravitating toward films made at home, rather than in Hollywood.

The EV maker sought to boost demand with less expensive offerings, but Chief Executive Elon Musk cautions more reductions may be needed.

The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K.

The streaming giant says the Hollywood strikes will lead to less content spending and increased free cash flow this year.