US Business

The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric vehicles from homegrown brands.

Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.

Formerly a sleuth with the Manhattan DA’s office, Eitan Arusy is now caught up in a globe-spanning “hack-and-leak” probe.

Mark Clouse will join the Washington Commanders as president early next year after more than five years as the food-company’s boss

Andrew Sullivan, head of international businesses and global investment management, will succeed him.

The Tesla CEO’s record-breaking compensation package has hit another roadblock, after a Delaware judge again rejected the deal.

The head of Exxon Mobil’s massive exploration and production arm is retiring after more than three decades with the energy giant and will be replaced by a former General Motors executive.

Thousands of workers at Volkswagen sites across Germany participated in warning strikes on Monday as a conflict with management escalated over the carmaker’s plans to slash jobs, cut pay and close factories.

Intel said Pat Gelsinger has retired and stepped down from the company’s board of directors.

A record number of travelers descended on U.S. airports Sunday, the peak of the busy Thanksgiving travel period.