US Business

For the second time in the past year, billionaire Steven A. Cohen is in the driver’s seat to acquire a majority stake in the New York Mets.

What’s the secret to building a more affordable electric vehicle? JB Straubel has an answer. It starts with a pile of old cell phones.

AT&T is taking a fresh look at its DirecTV business, according to people familiar with the matter, exploring a deal for a satellite-TV service wounded by cord-cutting.

As companies brace for years of pandemic-related disruption, thousands of furloughed workers are told they won’t be coming back.

MGM Resorts International is laying off 18,000 furloughed workers in the U.S. as a global travel slowdown impedes the casino industry’s recovery from the ongoing pandemic.

The Trump administration unveiled a $750 million deal to buy 150 million rapid Covid-19 tests from Abbott Laboratories, a move that would substantially expand the nation’s capacity for rapid testing.

The world’s biggest retailer by revenue is teaming up with Microsoft to bid for TikTok’s U.S. operations, which have an asking price of about $30 billion.

Americans’ newfound love for sweatpants has apparel retailers racing to get casual, as they try to kick-start sales decimated by coronavirus-related store closures.

Zhang Yiming, 37 years old, admired Silicon Valley and always wanted to build a global tech company, not a Chinese one. He succeeded, only to find himself caught in today’s U.S.-China standoff.

Long viewed as perennial home renters who were reluctant or unable to buy, the generation now in their mid-20s to late 30s is emerging as a driving force in the U.S. housing market’s recent recovery.