us Business

Germany’s leading luxury automakers are sharply scaling back expectations for the rest of the year. Source link

The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing costs. Source link

Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival before moving to other markets. Source link

After turning down several new drugs and restricting use of another, Dr. Vinay Prasad drew the ire of the right-wing influencer Laura Loomer and others. Source link

The C.E.O., Brian Niccol, said the coffee chain’s turnaround is in progress, and sales in China increased for first time in more than a year. Source link

People are starting their holiday shopping earlier this year, using summer sales from retailers like Amazon and Walmart to save time and money. Source link

Novo Nordisk slashed its financial forecasts as it struggled to fight off competition in the United States. It also named a new chief executive, who highlighted the “urgency” of the moment. Source link

President Trump said the North Sea was a “treasure chest,” but its high taxes were driving away oil producers. Source link

As a longtime Washington Post reporter and an author of 10 books, he held corporate America accountable for safe pharmaceuticals and cars. Source link

In the latest quarter, higher costs were felt across the company’s vast health operations. Source link