Higher interest rates and weaker economic conditions lessened demand for certain professional services.

Unilever has been conducting tests for more than a decade.

Cruise said it was laying off almost a quarter of its workforce, or about 900 employees.

Lawsuits claim the company’s marketing of the driver-assistance system is deceptive, while the EV maker disputes the allegations.

Companies trying to break the grip on rare-earth magnets—a crucial ingredient in modern technology—are encountering unusual hurdles.

The drugmaker is pulling back on some of its research programs and laying off workers after overestimating pandemic-product sales.