US Business

Beijing is pressuring the Central American country with measures that have disrupted its vital shipping industry, thwarting its ambitions to become a global logistics hub.

The U.S. automaker could sell or spin off the business in its second-largest market over geopolitical concerns.

A co-founder apologized after offering job interviews to those willing to get inked with a company logo.

The company is pumping out $1 deals and new food options to recover from a sales slump.

The startup automaker narrowed its losses in the second quarter and said it expects to sell more electric vehicles this year than it previously projected.

The Jeep maker backed its full-year guidance, with new model launches boosting revenue at its North America business.

Sales surged 14%, excluding currency movements, and the company now anticipates an increase in constant-currency revenue of between 9% and 10%.

The steelmaker said supportive trade measures had improved the prospects for its European business and expects second-half sales to outperform those of the first.

The Army modified its contract with Lockheed Martin to step-up production; the final cost will depend on congressional funding.

The used-car retailer reported sales were up nearly 40% over last year as the price of new cars rises.