Trump Backs Off 20% Strait of Hormuz Fee

The decision comes a day after the president said the U.S. would charge a toll for…

China Holds U.S. Seismologist on Espionage Charges

Youlin Chen’s research focused on nuclear testing by North Korea.

Data-Center Builders Are Racing to Offload Stakes Worth Billions

Unrelenting demand for computing power has investors looking for chances to own the physical infrastructure behind…

Alvin and the Chipmunks Plan a Reboot for the Digital-First Generation

Brian Robbins’s Big Shot Pictures takes a stake in the 68-year-old franchise, with plans for short-form…

Frontier Airlines, a Wi-Fi Holdout, Is Partnering With SpaceX’s Starlink

The budget airline has been rolling out more amenities to target customers willing to pay for…

Vail CEO Says Comeback Plan for Ski Resorts Needs to Be Beyond Epic

New moves to revive growth and upgrade the mountain experience take a page from Delta and…

Why the Golden Age of Sports TV Is Driving Fans Crazy

The fragmentation of sports on TV has been a boon for leagues. But it’s making it…

Ford Executive Chairman on Chinese Cars: U.S. ‘Can’t Expect to Keep Them Out Forever’

China’s automakers have rapidly displaced competitors elsewhere in the world.

EV Maker Lucid Hires Firm to Advise on Turnaround

The California-based startup has struggled with sales, quality issues and turnover.

Nearly a Million People Have Left the SAVE Student-Loan Program. Here’s Where They Went.

About 20% of borrowers moved into two older repayment plans that will also be phased out…