US Business

IBM posted higher revenue ahead of a landmark split of the business this year that is part of CEO Arvind Krishna’s plan to revive growth at the veteran tech company.

The company has excluded user downloads of the social-media app Parler since January, citing objectionable content.

The British government said it would investigate Nvidia’s $40 billion deal to buy British chip designer Arm from SoftBank, widening the regulatory scrutiny of the proposed transaction.

Semiconductor producers are trying to increase output by changing manufacturing processes, opening spare capacity to rivals and swapping over production lines. But the small gains are unlikely to fix the shortfalls hampering production of everything from cars to home appliances to PCs.

Penske Media, the publisher of magazines like Rolling Stone, Billboard and Variety, agreed to acquire a 50% stake in South by Southwest, the famed tech, music and movie festival.

Two men died after a Tesla vehicle that authorities believe was operating without anyone in the driver’s seat crashed into a tree Saturday night north of Houston.

Officials decided behind the scenes that strong action was needed to alert the public and doctors to unusual cases and their nonstandard treatment.

The slumping petroleum industry is shifting work from securing drilling rights to lining up properties for wind turbines and solar panels. But the landman profession is shrinking.

The U.K. oil giant burns off more unwanted natural gas than its peers in the Permian Basin, but it is now investing heavily to phase out the controversial practice.

U.S. payrolls increased in 49 states in March, with large states such as California, Texas and New York adding the most jobs.