US Business

BE Semiconductor Industries raised its long-term revenue and profitability targets, citing increased demand for AI-related products.

The Mississippi facility is supporting the training and development of new AI models that the government is relying on for national-security purposes, the department says.

The online used-car company presented a radical plan for its stores.

Italian bank UniCredit is edging closer to its goal of taking over German rival Commerzbank, a landmark deal that would create a pan-European financial giant.

AI tools and changes to contracts for 19,000 sales agents appear to be a response to the insurer’s eroding status in the industry.

The job cuts affect employees in Rivian’s service and customer organization, which handles sales and marketing.

Silk White’s D.I.Y. movies and TV shows are profiting from growing audiences on free streaming services like Tubi and Roku.

The deal for the AI coding agent comes days after a historic IPO that made Space X one of America’s most valuable companies.

Brandy Melville’s young customers are up in arms over the new policy—but still shopping.

The oat milk company is working with restaurants and cafes to consult on their beverage programs instead of just acting as a supplier.