US Business

The U.S. dropped a Trump administration demand in global corporate-tax negotiations, removing one obstacle to an agreement on adapting the tax system to the digital economy.

The yield on the benchmark 10-year Treasury note settled at 1.459%, according to Tradeweb, down from 1.513% at Thursday’s close.

The first single-dose Covid-19 vaccine, a shot from Johnson & Johnson, was authorized for use, a big boost for a mass-vaccination campaign rushing to end the deadliest pandemic in more than a century.

Microsoft argues the cloud offers more protection; rivals point to the need of firms to hold and access their information on-premise.

The fast-food chain said it was exploring a sale of the portion of the Israeli-based technology firm that works with other retailers, a growing part of its business.

The endorsement by medical experts marks the final step before an FDA decision on authorizing the shot, which could come Saturday.

After years of sliding revenue, executive turnover and strategic missteps at GameStop Corp., another surge in its share price this week is pressuring the retailer to deliver for more than the meme-stock believers.

The Justice Department had accused the carrier of submitting false data showing it delivered mail in a timely manner.

Some entrepreneurs says they’re better off building their businesses entirely in the cloud—for now, at least.

Home-sharing giant posts a steep annual loss in its first earnings as a public company, as costs tied to its market debut capped a year in which the pandemic ravaged the travel industry.