US Business

The ride-hailing company’s China mobility business—which includes its core ride-hailing operations—was the main cause for the drop.

The Alphabet company and others are investing in potential clients as they look to close the gap with Amazon in the fast-growing sector.

Americans are taking their vacations, despite the rise in Covid-19 cases caused by the Omicron variant. But they want greater flexibility and are taking more precautions, which is benefiting startups that aim to help people navigate the new realities of pandemic travel.

Polarized ideology robs leaders and voters of the flexibility needed to cope with the unexpected.

Drug companies are pitted against each other and government and academic scientists over who invented what. Hundreds of millions of dollars are at stake.

Sarah Bloom Raskin is being considered to become the Fed’s vice chairwoman for supervision, as part of a group of central-bank nominees that could be unveiled as early as next week.

Startup Francis Energy is part of a loose coalition that is working to expand electric-vehicle chargers into rural areas.

Audiences returned to theaters for action movies like “Spider-Man,” while adult-oriented films like “King Richard” struggled.

Unequal distribution of the shots has hampered efforts to move past the pandemic and allowed new variants like Omicron to emerge, global health experts say.

Elon Musk said a lot is riding on the Starship rocket and Starlink satellite projects for his space company, which aims to reduce launch costs and build a big internet business.