US Business

Federal Reserve regional bank presidents who gain votes in the new year on the central bank’s interest-rate-setting committee are likely to strongly support raising borrowing costs to try to combat high inflation.

The company’s evolution into a juggernaut with a $50 billion market value and its decline to being worth less than $15 billion have been marked by management miscalculations and reversals.

U.S. companies are turning to programs aimed at preparing women and people of color for corporate board roles in a bid to comply with calls from regulators and investors to diversify their directors.

The Chinese technology company said efforts to reshape its business remain on track.

The FAA says its air-traffic control staffing may also come under pressure.

New York Attorney General Letitia James had sued Teva and other pharmaceutical companies, alleging that they bore responsibility for producing addictive painkillers that have caused a public-health crisis.

One year after federal rules compelled hospitals to post their healthcare prices publicly, some big national chains haven’t done so, with no penalty so far from the Biden administration, according to a Wall Street Journal review.

Record hiring and layoffs at a half-century low have fueled the economy. But the jobs market faces headwinds in the new year, from rising Covid cases to inflation.

Nearly two years into a kickback case against ex-employees and a vendor, an Amazon stockholding by the judge’s wife threatens costly delays.

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