US Business

Revlon filed for bankruptcy, potentially ending a decadeslong bet on the beauty company by Ronald Perelman, its billionaire controlling shareholder .

BHP Group said it failed to find a buyer for the Mt Arthur mine, which is one of Australia’s biggest coal operations. It said it would aim to close the pit in 2030.

Thunderstorms flooded parts of that Sturgis, Mich., formula plant and will delay production by a few weeks.

The billionaire also is likely to clarify remarks on remote work and strategy at a virtual meeting with the social-media platform’s employees on Thursday.

The board of World Wrestling Entertainment is investigating a secret settlement that its longtime chief executive agreed to pay to a departing employee with whom he allegedly had an affair, according to documents and people familiar with the board inquiry.

The FTC said it was investigating whether Cerebral engaged in deceptive or unfair practices related to advertising or marketing of mental-health services.

The software company is in talks to settle with activist investor Jana Partners, days after Zendesk ended an unsuccessful bid to sell itself.

The tech industry wants revisions to bipartisan legislation to limit use of consumer data.

FedEx is expanding its board under an agreement with D.E. Shaw and will adjust its executive-compensation program and increase its quarterly dividend.

The billionaire fracking pioneer is offering about $4.3 billion to buy shares his family doesn’t own in the Bakken Shale driller he ran for decades.