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General Motors Co. and Hyundai Motor Co. said Thursday they have signed a memorandum of understanding to explore collaboration on vehicles, supply chain and clean-energy technologies in a move aimed at cutting costs and bringing new technology to market faster.

The billionaire Wertheimer brothers and L’Oreal heiress Francoise Bettencourt have invested in Mary-Kate and Ashley Olsen’s fashion brand The Row, in a funding round that values the company at $1 billion

Space-based broadband company AST SpaceMobile launched its first five commercial satellites into space atop a SpaceX Falcon 9 rocket early Thursday.

SocGen’s JunkVIX shows prolonged market distress, according to analyst

Moderna Inc. on Thursday touted progress toward new vaccine approvals but said it will rein in its research and development spending and trim its pipeline as it looks to shake off the doldrums of a dwindling COVID vaccine market. 

Treasury yields inched higher after a U.S. CPI report showed core inflation rose slightly more than expected in August.

Railroad operator Norfolk Southern Corp. fired Chief Executive Alan Shaw on Wednesday, following an investigation into allegations of misconduct.

Shares of Petco Health & Wellness shares rose after it reported second-quarter results and executives on the earnings call discussed a focus on improving cash flow.

A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.

People are “looking for deals and promotions” and have flocked to Oxford Industries Inc.’s outlets and to sales at the regular stores, the parent company of Tommy Bahama and Lilly Pulitzer brands says.

Atlanta Federal Reserve President Raphael Bostic broke rules on investing “multiple” times from 2018 to 2023, an agency watchdog said, but it found no evidence he profited from confidential information.

Some bosses appear to be backing off strict mandates for employees to work a fixed number of days in the office.