Rivian Automotive Inc. is rapidly ramping up production of its electric SUV, which the company’s chief financial officer says is on track to overtake output of the startup’s plug-in pickup this quarter.
The criminal case against FTX co-founder Sam Bankman-Fried has been split in two after a New York judge ruled he must face separate trials because of an unresolved dispute over his extradition from the Bahamas.
JD.com Inc. is on track to emerge from a record sales funk as a bounce-back in parts of China’s consumer economy and a $1.4 billion discounting program help revive its online commerce business, a top executive said.
Some of the world’s biggest money managers increased bets on Dalian Wanda Group Co. dollar bonds while worries about the Chinese conglomerate’s finances sent notes into distress.
Amazon.com Inc. says it has reinstated an Alabama union organizer who the company had previously fired for missing work.
Braskem SA shares jumped as much as 9% on a report that Apollo Global Management would raise its offer for the petrochemical company, potentially heating up a bidding war even as shareholder Petrobras remains on the sidelines.
Workers and employers announced a tentative agreement on a new six-year contract that will cover employees at all 29 West Coast ports, a major step toward averting fresh supply-chain troubles for the US economy.
Walt Disney Co.’s Chief Financial Officer Christine McCarthy is taking a family medical leave of absence, stepping down from her role at the world’s largest entertainment company.
The stock rally driven by the exuberance surrounding artificial intelligence is widening beyond the tech industry, defying naysayers and raising concern about an overbought market.
Fast-casual restaurant chain Cava Group Inc. almost doubled in its trading debut after exceeding the target for its initial public offering by raising $318 million, delivering one of the biggest first-day gains in two years.
