US Business

Japan’s SoftBank continued a remarkable string of asset sales, saying it is selling U.S.-based wireless-services unit Brightstar to a private-equity firm founded by a former Brightstar executive.

Backers of plans for Oracle to join with TikTok to create a new U.S. company for the video-sharing app are working on a new ownership structure aimed at alleviating U.S. concerns over Chinese control.

With Snowflake’s supercharged IPO this week, Chief Executive Frank Slootman has achieved a rare investment trifecta: delivering three of the hottest tech public stock offerings of their time.

Facebook is moving to curb internal debate around divisive political and social topics, Chief Executive Mark Zuckerberg said, after a spate of disputes and criticism that has fueled discord among staffers.

A large, pivotal study of Moderna’s Covid-19 vaccine could yield a preliminary answer about whether the shot works safely as early as October, though it’s more likely to be November, the company’s leader said.

Trump administration officials are looking to give American investors a majority share of the company that will take over the Chinese-owned video sharing app TikTok, according to people familiar with the matter.

Snowflake’s shares made their debut at $245 a share on their first day of trading, more than double the IPO price.

Apple’s latest mobile operating system has widgets and other tricks for people looking to give their iPhone a facelift.

Coal companies experienced a brief renaissance during the first two years of Mr. Trump’s term. U.S. coal output and consumption are now on pace to decline at faster annual rates, on average, under President Trump than under President Obama. Still, many in the industry fear things would be even worse under a President Biden.

A report from House Democrats reveals details of how Boeing design errors, lax government oversight and lack of transparency by the plane maker and regulators set the stage for two fatal 737 MAX crashes.