US Business

The Chinese social-media and videogame company has reduced costs and head count to improve profitability.

Some companies that touted the virtues of flexible work setups now say it is a liability in a slowing economy.

The company enlisted more than 20 TikTok influencers this week to persuade Congress that blocking the app would spark broad opposition.

The job-search platform will reduce head counts on nearly every team. CEO Chris Hyams said he would be taking a 25% cut in his base pay.

The company is preparing for commercial distribution of the shots as the U.S. winds down its pandemic-emergency purchases.

In his prepared remarks to Congress, the CEO will say that TikTok ‘will not be manipulated by any government.’

Profit at the sneaker maker fell 11% as it relied on higher markdowns.

The Alphabet unit stops short of integrating the new conversational computer program into its search function.

The streaming company is spending big on a science-fiction movie from the filmmaking team behind “Avengers: Endgame.”

Americans are already grappling with elevated inflation and rising interest rates. Banking-sector troubles could make it more difficult for some consumers to obtain loans to buy homes, cars and other big-ticket items.