De Beers, the world’s largest diamond producer, said it plans to shutter its lab-grown jewelry brand LightBox.
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Saudi Arabia, the biggest and most influential member of OPEC, is abandoning its goal of driving the price of an oil barrel up to $100.
TikTok is calling it quits on a music streaming business that barely made it out the door, and only launched trials last year.
The Biden administration is introducing a ban on both hardware and software for “connected vehicles” from China and, incidentally, Russia.
The UK and US announced a “historic” trade deal Thursday that does little to reduce Washington’s overall global trade war.
The International Longshoremen’s Association is set to strike if a new contract can’t be reached with the United States Maritime Alliance.
The insurance industry needs to be careful when using AI, or else AI black boxes could render consumers uninsurable without any explanation.
Walmart will soon roll out an option that would allow consumers to pay for online orders directly via instant bank account transfers.
Netflix is rolling out the first major redesign of its home hub since 2013, hoping people might watch more if inundated with less.
On Monday, BP announced it will put its US onshore wind power business, estimated to be worth about $2 billion, on the market.
A Labour Party official said he’d like to see legislation that heavily impacts imports of Chinese textiles — a potential problem for Shein.
Days after industrial workers in its Pacific Northwest plants voted to approve a labor strike, Boeing instituted a hiring freeze.
Novo Nordisk, maker of weight-loss drug Wegovy, struck a deal with online telehealth storefronts that sold cheap knockoffs during shortages.
Reducing beverage-wait times is part of Starbucks CEO Brian Niccol’s turnaround plan, which includes tech updates focused on efficiency.
To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.