US Business

Investors want to see more efficient operations, while ground-delivery contractors are pressing for financial help.

Bed Bath & Beyond replaced Mark Tritton, as the home-goods retailer’s sales plunged due to a mismatch between what its stores carry and what shoppers want.

Citing security risks, Federal Communications Commission member Brendan Carr asks tech giants to remove TikTok from their app stores.

After years of companies emphasizing the potential of artificial intelligence, researchers say it’s now time to reset expectations.

The Swiss pharmaceutical giant’s job cuts, including 1,400 in Switzerland, are part of a previously disclosed restructuring plan aimed at saving some $1 billion in costs.

The Federal Trade Commission sued Walmart on Tuesday alleging the retailer allowed its money-transfer services to facilitate fraud. Walmart called the suit “factually misguided.”

The electric-vehicle maker said it was closing a San Mateo, Calif., office and letting go about 200 people there. The company is pursuing cost cuts under the pressure of inflation and supply-chain disruptions.

Directors of the world’s largest entertainment company voted unanimously to renew Chief Executive Bob Chapek’s contract for another three years.

Big employers in Midwest states joined tech giants and big banks in adding the benefit after the Supreme Court decision.

Ben Silbermann will become executive chairman after leading the company since its founding in 2010. His replacement, Bill Ready, had been president of commerce at Google since 2020.