US Business

CEO Daniel Zhang is devolving power to the heads of the company’s business units to speed up decision making so each division can better fend off competition and revitalize flagging sales.

An experimental Covid-19 pill from Merck and partner Ridgeback was 30% effective in a final analysis of study results, the companies said, down from the 50% rate found in an earlier look.

A crane operator, a ship captain, a trucker and other logistics workers describe what it’s like to work amid backed-up shipments, jammed ports and packed rail yards.

About a quarter of fully vaccinated people who got the drugmaker’s single-dose vaccine and a subsequent booster have stuck with Johnson & Johnson for their second dose, CDC data show.

Makers of popular products world-wide are coping with shortages from shipping delays and other logistics hurdles.

The U.K. has lost around 3,250 pubs and bars from March 2020 to this September. Those that survive are grappling with rising costs, staffing shortages, supply-chain snags and changing consumer behavior.

Managers at some state-run companies told employees that chat groups set up for work purposes on Weixin could contain sensitive information and should be shut down.

The industry potentially faces a significant expansion of government regulation despite success in watering down Democratic proposals in the social-spending and climate bill.

Retailers this year are expected to open more stores than they close for the first time since 2017, with most of the growth coming from mass merchants, food, drugs and convenience chains.

The wireless operators said they will limit the strength of service while regulators review the impact on planes and helicopters.