For the second time in the past year, billionaire Steven A. Cohen is in the driver’s seat to acquire a majority stake in the New York Mets.

Privacy changes in Apple Inc.’s AAPL -0.16% new operating system are sending ripples through the digital publishing world, with outlets that rely heavily on advertising bracing for a sizable drop in revenue from iPhone users.

The upgrade, which is set to roll out this fall, will require apps to ask users whether or not they want their web activity tracked. Some publishers worry that most users will opt out, hobbling their ability to show personalized ads in apps and dealing them a blow at a time when the industry is trying to recover from the coronavirus pandemic.

Doug McMillon has worked to remake Walmart Inc. WMT 2.69% since becoming its chief executive six years ago. He has all but stopped building new U.S. stores, spent roughly $20 billion on e-commerce startups and retreated from Brazil and other countries.

The 53-year-old’s latest gambit would be the farthest departure from the company’s traditional roots, trying to turn one of the world’s biggest social-media apps into a Walmart storefront.

AT&T Inc. T 0.47% is taking a fresh look at its DirecTV business, according to people familiar with the matter, exploring a deal for a service wounded by cord-cutting.

The telecom and media giant and its advisers at Goldman Sachs Group Inc. GS -1.16% have been in talks with private-equity suitors about the satellite TV unit, some of the people said. Potential bidders include Apollo Global Management Inc., APO -1.50% which had expressed interest last year, and Platinum Equity, these people said.

The process is at an early stage, and it’s not clear what form any deal wou...

A new wave of layoffs is washing over the U.S. as several big companies reassess staffing plans and settle in for a long period of uncertainty.

MGM Resorts International MGM 4.60% and Stanley Black & Decker Inc. SWK 3.79% recently told some employees furloughed at the outset of the coronavirus pandemic that they wouldn’t be put back on the payroll. And companies bringing back the majority of furloughed workers, including Yelp Inc. YELP 1.91% and Cheesecake Factory Inc., CAKE 8.34% are making reductions as they adjust to the...

AT&T Inc. T 0.47% is taking a fresh look at its DirecTV business, according to people familiar with the matter, exploring a deal for a service wounded by cord-cutting.

The telecom and media giant and its advisers at Goldman Sachs Group Inc. GS -1.16% have been in talks with private-equity suitors about the satellite TV unit, some of the people said. Potential bidders include Apollo Global Management Inc., APO -1.50% which had expressed interest last year, and Platinum Equity, these people said.

The process is at an early stage, and it’s not clear what form any deal wou...

Since he moved his office outside, Arash Azizi has dealt with rainouts, bird droppings and neck pain so bad that he is thinking about fashioning a harness like the ones used by ballpark vendors so he can keep his laptop screen at eye level.

For the 32-year-old writer and graduate student, these inconveniences are no match for the peace of mind that comes with working in nature after months in coronavirus-induced isolation.

A dizzying rally in Tesla Inc.’s TSLA -0.99% shares has unleashed a burst of options activity tied to the stock jumping even higher.

Tesla recently said it would enact a 5-for-1 stock split, making its wildly popular stock even more accessible to individual investors. Trading on a split-adjusted basis will go into effect Monday.

One year and a pandemic ago, a group of nearly 200 of America’s most powerful executives vowed to employ a kinder, gentler way to measure business success.

Shareholders, the Business Roundtable pledged, would be just one of the stakeholder groups that a company would be judged on pleasing. Despite the trying times, boosters say that the ballyhooed effort is flourishing.