US Business

He will be succeeded on Nov. 1 by his top deputy, Jon Moeller, who has been P&G’s finance chief and was promoted to chief operating officer.

The e-commerce giant reported strong results that showcased its dominance even as a slight slowdown in e-commerce sales highlighted the challenge of sustaining the growth it has logged during the pandemic.

The online sharing platform’s revenue totaled $613.2 million, compared with $272.5 million a year earlier.

The new requirements come amid rising Covid-19 cases and shifting federal guidance.

Revenue increased 20% in the latest quarter, as the results underscored the global appetite for digital goods and services.

It took three months and more than a dozen tug boats, but the giant container ship pulled into Rotterdam in the Netherlands with $700 million worth of cargo—including a shipment of women’s summer wear too late for this season.

Emergent BioSolutions plans to resume Covid-19 vaccine production at its Baltimore plant after getting the green light from the FDA.

Facebook posted sharp growth in quarterly revenue and profit, fueled by robust digital ad spending, as it continues to face scrutiny over the size and influence of its platforms.

Two of the bankrupt firearms manufacturer’s insurers are backing the offer of $3.66 million each for nine families, a person with knowledge of the case said.

The device maker posted the biggest spring-quarter profit in its 45-year history, leading a streak of record-setting earnings for technology companies even as the pandemic continues to weigh on the global economy.