David Smith built Sinclair into one of the country’s largest operators of local-TV stations

The ad flood reflects the growth in mass product-liability and personal-injury cases—and investor interest in backing the lawsuits.

Shares soared as the budget airline guides for a better-than-expected quarter.

The tech giant’s proposal is aimed at allaying competition concerns from European regulators.

Cummins, the leading maker of diesel engines in the U.S., and two leading truck makers, Daimler and Paccar, are teaming up on a $2 billion factory in Mississippi to make batteries for electric commercial trucks

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.