Business

Beleaguered seafood chain Red Lobster is looking for a buyer to avoid filing for bankruptcy as it contends with slower sales and costly leases.

The pilot program means day-trippers to Venice, one of Italy’s most picturesque and historic cities, will need to pay a charge of 5 euros ($5.4).

Southwest Airlines is one of Boeing’s biggest customers and flies only 737s.

The first-quarter results come as Merck shows substantial progress in preparing for Keytruda’s patent expiration in 2028.

Comcast beat first-quarter earnings expectations on Thursday.

Many U.S. cities are facing substantial financial challenges as inflation lingers and pandemic-era stimulus dries up.

U.S. Treasury yields fell slightly on Thursday as investors looked ahead to key economic data points that could inform the path ahead for interest rates.

The French leader said Europe was unprepared for its military and economic challenges, and that the Russia-Ukraine war is a ‘principal danger’ for the continent

Higher costs had the biggest impact on Asian businesses in 2023, even as they grappled with a global slowdown and rising interest rates, a survey by UOB showed. 

Mining giant BHP Group on Thursday said it had made an all-share takeover offer for rival Anglo American, valuing the company at £31.1 billion ($38.9 billion).

Xpeng, a China-based electric car startup that is also selling in Europe, has made driver-assist software one of its selling points.

Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.

AI startup Synthesia on Thursday announced the launch of its “Expressive Avatars,” AI-generated digital avatars that can convey human emotions.