US Business

The U.S.-EU Trade and Technology Council had its first meeting in Pittsburgh last fall, which participants said helped forge ties that proved critical when the two economies joined to impose sanctions on the Kremlin following its Feb. 24 attack on Ukraine.

Many managers leading the company’s roughly 4,700 U.S. stores have been in their roles for at least a decade, and Walmart executives say they need to find a new generation to replace them.

Social media has grappled with phony accounts for years, raising questions about why Tesla CEO Elon Musk is talking about them again now.

Stock awards pushed median compensation to a sixth-straight record, and nine CEOs got packages of $50 million or more.

While supply disruptions are subsiding, without slower demand, inflation will still be too high for the Fed’s comfort to stop raising interest rates.

House Democrats plan to fast-track a vote on relaxing regulations for baby formula provided under the WIC federal nutrition program in an effort to boost availability.

Ford sold 7 million Rivian shares at a price of $26.88, the company says. That followed an 8-million-share sale earlier in the week at about the same price.

Buyers challenged by high used car prices are sitting on the sidelines, driving down demand and prices in the pre-owned market.

Jewelers and officials are urged to stem the flow of Russian gems and precious metals likely still entering the U.S.

Elon Musk said his deal to buy Twitter was “on hold,” raising questions about the takeover and sending shares of the messaging service lower.