Facebook to Halt Work on Instagram Kids Version

Critics of a children’s version of the social-media app the company was developing said it can be harmful to young people’s mental health.

China Power Outages Pose New Threat to Supply Chains

Coal shortages and efforts to control energy consumption make it harder for Chinese factories to operate.

CAA to Buy Rival Talent Agency ICM in Hollywood Shake-Up

The move by Creative Artists Agency, which has guided Beyoncé and other megastars, is emblematic of how new distribution platforms including streaming have forced consolidation throughout the entertainment industry.

Ford Fortifies EV Bet With Four New U.S. Factories

The auto giant plans to spend $7 billion to build two battery factories in Kentucky and a third in western Tennessee—part of a collaboration with SK Innovation—as well as a factory for producing electric trucks.

Google Pushes to Overturn EU's $5 Billion Antitrust Decision

Alphabet’s Google argued that its Android operating system for mobile devices has boosted competition rather than stifled it.

Fed Leaders Rosengren, Kaplan to Resign Amid Trading Controversy

The moves follow reports of the Boston Fed and Dallas Fed presidents’ investment trading that prompted calls for their departures and a central-bank review of ethics rules.

East Asia's Economies Face Slowing Growth and Rising Inequality, World Bank Warns

Most countries in East Asia and the Pacific face major setbacks in recovering from the coronavirus, the World Bank said, adding to concerns that the resurgent pandemic will widen the economic divide between the region and the West.

Fed Official Says Labor Market, Inflation Can Return to Pre-Pandemic Equilibrium

Fed governor Lael Brainard said the economy was likely to make a complete recovery from the coronavirus and warned against prematurely concluding that the central bank needed to raise interest rates.

Fed's Williams: Tapering Bond Buying 'May Soon Be Warranted'

Federal Reserve Bank of New York President John Williams said the time for the central bank to pull back on asset buying is coming up, but he indicated rate rises still lie well off.

Fed's Powell Says Inflation Is Elevated but Likely to Moderate

The Federal Reserve chairman is set to testify before Congress with Treasury Secretary Janet Yellen on Tuesday.

Activision Blizzard Agrees to Pay $18 Million to Settle EEOC Probe

The Equal Employment Opportunity Commission had been examining allegations of gender-based harassment and retaliation at the embattled videogame-publishing giant.

Vaccination Status Is the New Must-Have on Your Resume

As employers make Covid-19 vaccine rules for workers, people are volunteering their vaccination status on job applications, in résumés and on their LinkedIn profiles.

Entertainment Giant Endeavor to Buy Sports-Betting Business for $1.2 Billion

The acquisition from Scientific Games is the latest deal to build on the booming U.S. sports-wagering industry.

Theranos Trial Jurors to Weigh Whether Investors Were Dupes or Savvy Speculators

The bulk of criminal charges against founder Elizabeth Holmes allege she defrauded financial backers that include high-profile figures.

Merck Nears Deal to Acquire Acceleron Pharma

An agreement could be completed as soon as this week, giving a lift to pharmaceutical giant’s work on treatments for rare diseases.

New York Mets Embark on Branding Effort to Build Cred and Win Young Fans

Mets owner Steven Cohen is entrusting Range Media Partners with raising the team’s profile to a young, diverse audience. Still in development, the effort could feature live comedy, new design and special events.

Walter Scott Jr., Business Partner of Warren Buffett, Dies at Age 90

The longtime CEO of what is now Kiewit Corp., a builder of projects including highways and tunnels, also dedicated himself to philanthropy, focusing much of his giving on his hometown of Omaha, Neb.