U.S. Weighs Export Controls on China's Top Chip Maker
The Trump administration is weighing whether to place export restrictions on Semiconductor Manufacturing International Corp., China's most advanced manufacturer of semiconductors.
Amazon Bans Foreign Plant Sales to U.S. Amid Global Seed Mystery
The move by Amazon comes as the mystery seeds led U.S. officials to raise alarms about the ease with which sales can occur on e-commerce sites, creating potential threats to U.S. agriculture.
Railcar Makers Cut Costs as Pandemic Adds to Industry Woes
Finance chief at Trinity Industries is considering outsourcing, and plans to save $70 million through layoffs and administrative cuts this year.
'Fortnite' Maker Asks Judge Again to Return Game to Apple's App Store
Epic Games filed a motion for a preliminary injunction against Apple, reiterating arguments made in a federal lawsuit accusing the tech giant of monopolistic behavior after pulling "Fortnite" from the App Store.
Vaccine Developers Prepare Joint Pledge on Safety, Standards
Drug makers developing Covid-19 vaccines plan to issue a pledge not to seek government approval until the shots have proven to be safe and effective, an unusual joint move among rivals that comes as they work to address concerns over a rush to mass vaccination.
SeaWorld Lays Off Some Furloughed Employees
SeaWorld said it has laid off some of the park and corporate employees it furloughed earlier this year, joining companies that are making their job reductions permanent.
Neiman Marcus Approved to Exit Bankruptcy After Critic's Arrest
A bankruptcy judge signed off on the department-store chain's restructuring plan, ending one of the first major chapter 11 filings after the Covid-19 pandemic forced thousands of businesses to shut their doors this spring.
AMC Looks to Frothy Equity Markets for Lifeline
AMC on Wednesday launched efforts to raise up to $180 million in equity capital, even though credit investors are valuing some of its bonds at roughly 40 cents on the dollar, implying serious doubts about whether they will be fully repaid.
Ulta Beauty Returns to TV Advertising After a Pandemic Pause
The beauty category is famously resilient during a recession, as consumers splurge on little luxuries. In the recession of 2009, global sales of lipstick grew 1% despite a broader pullback in consumer spending.
Car Sales Are Down Almost 20%, but Prices Are Setting Records
Don't look for blowout Labor Day weekend discounts. Tight inventory, cheap gas and easy credit have driven new-vehicle prices to records, even as many can't afford to buy.
