US Business

The South Korean tech giant—which had reported record revenues in the past three straight quarters—forecasts a 11.4% rise in second-quarter operating profit from the prior year.

“The Chinese government is set on stealing your technology,” the agency chiefs tell business leaders.

The airline’s reduction from its summer schedule comes as carriers continue to deal with a resurgence in travel demand that has overwhelmed operators.

The plans in development include letting overseas companies sell their products in the U.S. beyond current shortages and providing assistance to foreign companies seeking to enter the U.S. market.

The agency in June ordered the e-cigarette maker to pull its products off the U.S. market, saying Juul hadn’t submitted sufficient evidence that they were safe.

The Transportation Department says Spirit will ensure more low-cost flight options at the East Coast hub. United Airlines argued that Newark already is over capacity.

The retailer says the new charges going into effect Aug. 1 are in response to higher transportation costs. Amazon made a similar move in the spring.

European lawmakers approved two sweeping new pieces of digital regulation, paving the way for clashes between regulators and some of the world’s biggest tech companies over how the rules should be applied.

Employers say higher pay is needed to keep up with rivals and to reflect that staffers are paying more for gasoline, groceries and other daily living expenses.

U.S. airports had their busiest day since the Covid-19 pandemic began, but overall disruptions were less severe than during recent holidays.