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The White House and Pentagon presented plans Monday to help U.S. telecom companies build new ultrafast 5G networks by allowing commercial use of airwaves previously reserved for military radar. The move will open 100 megahertz of spectrum to be auctioned ...

With the pandemic intensifying the plight of U.S. retailers, companies from J. Crew Group to the owner of Ann Taylor are using Chapter 11 bankruptcy filings to quickly get out of costly, long-term leases and shutter thousands of stores. By ...

The U.S. government will push its fundraising to new extremes this quarter to cope with a budget deficit unseen since the country mobilized to fight World War II. The Treasury expanded its plans for borrowing at longer maturities in the ...

Richard Branson’s Virgin Atlantic Airways filed for Chapter 15 bankruptcy protection in the U.S. on Tuesday after telling a London court it was set to run out of cash next month without getting approval for a rescue financing. The airline ...

Under Armour Inc. said two top executives, including founder Kevin Plank, have been named in a federal probe of the company’s accounting, sending shares of the Baltimore-based athletic wear maker down. Plank and Chief Financial Officer David Bergman received Wells ...

U.S. consumer sentiment turned decidedly more pessimistic in July, defying forecasts for further improvement after the resurgent coronavirus nearly wiped out emerging confidence around reopenings. The University of Michigan’s preliminary sentiment index decreased 4.9 points to 73.2, according to data ...

Bayer’s plan for moving on from its Roundup legal woes hit a snag barely two weeks after it announced a nearly $11 billion settlement of claims the popular weedkiller causes cancer when a judge expressed skepticism about its proposed treatment ...

To be an energy superpower, U.S. oil and gas requires a suitably gargantuan pipeline network that stretches for millions of miles. The country’s ability to expand that infrastructure is being tested like never before. In what’s possibly the biggest victory ...

Jerome Powell isn’t “even thinking about thinking about” raising interest rates, but investors still wonder what it would take for the Federal Reserve chair to start taking his foot off the gas. U.S. central bankers dropped some strong hints on ...

The U.S. Supreme Court limited the power of the Securities and Exchange Commission to recoup illegal profits from wrongdoers, putting new curbs on one of the agency’s most potent legal weapons. The 8-1 ruling Monday is a partial victory for ...