Macy’s plans to lay off about 13% of its corporate staff in a bid to trim costs and redirect spending toward improving customers’ shopping experience.

The list prices of 775 brand-name drugs rose during the first half of January.

Taiwan Semiconductor Manufacturing Co.’s fourth-quarter net profit fell from a year earlier as revenue from chips used in Internet of Things decreased and margins deteriorated.

A pair of allied Korean carmakers are pushing to launch electric vehicles ahead of competitors.

Shares of European and Chinese automakers fell after Tesla continued to cut prices, amid heightened global competition and uncertain demand in the electric-vehicle market.

New details emerge about the manufacturing process in the harrowing Alaska Airlines flight.