Premarket trading implied steep declines for U.S. markets, with the pain concentrated at companies at the forefront of the artificial intelligence boom.

About 72 percent of the shares in the balloting affirmed the lucrative stock award to the chief executive in a bid to get a court...

Mr. Musk, who founded xAI last year, has said the business “still has a lot of catching up to do” as it looks to compete...

The consumer goods giant said the moves would make for a “simpler, more focused company” as consumers trade down to cheaper brands amid high inflation.

British American Tobacco told investors that it had reassessed the “useful economic lives” of some of its brands amid waning sales and a shift toward...

The tech giant moved quickly to hire Sam Altman and others after their abrupt departures from OpenAI, a key Microsoft partner, which had rattled the...

Shares fell sharply, with banking stocks taking a beating, as Tuesday’s rally quickly faded.