US Business

The advisory instructed freight railroads to take cars out of service to avoid possible derailments.

The auto maker, which didn’t specify how many employees are eligible, is looking to cut $2 billion in annual fixed costs.

As drugmakers face pressure to rein in price hikes on existing drugs, new medicines arrive with ever-higher prices on day one, contributing to rising costs for patients and stretched budgets for insurers.

The railroad faces probes on its safety practices after the Feb. 3 accident created an environmental mess in East Palestine, Ohio.

The entrepreneur is laying plans for a new community outside Austin next to Boring and SpaceX facilities, dubbed Snailbrook. Entities tied to Mr. Musk’s companies or executives have purchased at least 3,500 acres.

A dedicated admin is now a rare perk as companies cut jobs and technology automates many tasks.

While billionaire owner Elon Musk says the social-media platform is heading in the right direction, debt and revenue challenges loom large.

The slower-than-expected rollout of the company’s GMC Hummer EV and Cadillac Lyriq shows how car makers are having trouble manufacturing electric vehicles at scale.

The NHTSA opened an investigation into the Model Y SUV after receiving two reports that the steering wheel of 2023 models had detached while driving.

America’s biggest oil gushers are shrinking, evidence that companies have drilled through much of their best wells and are poised to reach a plateau in productivity.