White House feared being forced into making deep concessions in negotiations with GOP.

Shutterstock said it agreed to buy Giphy for $53 million in net cash, giving it a mobile content platform with 1.7 billion daily users.

Jonah Peretti, the company’s chief executive, has embraced artificial intelligence more than most publishers. His latest offering: Botatouille, an A.I.-powered kitchen assistant.

Panera Brands said it promoted José Alberto Dueñas to chief executive as the restaurant company prepares to offer its shares on the public markets.

FASB disclosure rule reveals how and to what extent companies are using the finance tool. Critics say the reports don’t go far enough.

The two U.S. hotel companies are preparing to launch new brands as work and travel habits change.

Even with the possibility of default, betting on Treasurys could pay off again.

Insurtech startups made lofty promises on disrupting incumbents. But they couldn’t leverage data as freely as they’d hoped—and struggled against ‘900-pound gorillas’ in the industry.

European business activity slowed in May, a sign that rising borrowing costs are taking a toll on economic growth as central banks scramble to tame stubbornly high inflation.

America’s unquestioned financial might isn’t the only thing in danger if the debt ceiling standoff causes a default.