Apple Inc., seeking to reverse a decline in Mac and iPad sales, is preparing several new models and upgrades for early next year, according to people familiar with the situation.
Reliable Robotics Corp. said Wednesday that it's flown a small cargo plane on loan from FedEx Corp. without a human on board, a step toward the autonomous flight startup winning regulatory approval for its remote-pilot system.
U.S. companies scaled back hiring in November, with manufacturers reducing headcount to the lowest level since early 2022, adding to evidence of a cooling labor market.
Moody's Investors Service cut its outlook for eight Chinese banks to negative from stable, a day after unveiling a bearish stance on the nation's sovereign bonds due to concerns over the level of debt.
Stock futures advanced after data on private payrolls added to speculation the Federal Reserve is done with its aggressive hiking campaign and will start cutting interest rates next year.
Treasuries resumed their rally on Tuesday as further labor-market slowdown reinforced speculation the Federal Reserve will be able to cut interest rates next year to prevent a recession.
CVS Health is planning a companywide overhaul of how it prices prescription drugs, doing away with the complex and often opaque formulas that typically govern what patients pay for medications.
The number of job openings in the United States dropped more than expected in October to a 32-month low signaling a slow down in employers' hiring intentions last seen at the height of the pandemic in early 2021.
The world may get even less coffee from Vietnam, the biggest grower of the robusta variety used in instant drinks and espressos, as a smaller crop and growing local demand squeeze supplies.
Meta Platforms Inc. and International Business Machines Corp. are joining more than 40 companies and organizations to create an industry group dedicated to open source artificial intelligence work, aiming to share technology and reduce risks.
Spending more than two hours a day in meetings can hurt productivity, a new survey found, putting a ceiling on an element of the daily grind that many workers have come to dread.
Ericsson AB won a $14 billion contract to modernize AT&T Inc.'s wireless network, agreeing to build an open network that can be supplied by a number of vendors and beating out its longtime rival Nokia Oyj.
Plunging U.S. home sales are having a ripple effect on consumer spending, as fewer Americans are moving into houses that need to be outfitted with furniture and appliances.
Spotify Technology SA is reducing its workforce by 17% in the company's steepest cuts yet this year, part of an aggressive effort to shrink costs and drive profitability.
Alaska Air Group Inc. shares sank after it said it would acquire Hawaiian Holdings Inc. for $1.9 billion in cash and debt, in the latest attempt to consolidate the US aviation industry despite regulatory headwinds.
Carmot Therapeutics Inc. was valued at $1.25 billion in May. Half a year later, the company is selling to Swiss drugmaker Roche Holding AG for more than double that amount, fueled by the frenzied demand for obesity medicines.
