Rio Tinto PLC on Wednesday said it plans to team up with its biggest customer China Baowu Steel Group Co., to develop a new iron ore mine in Western Australia's Pilbara region.

On Wednesday, Ford Motor Co. released strict new rules for US dealers to sell its electric vehicles, including requiring fixed prices and upfront investment in chargers as the automaker attempts to cut overhead costs and boost profits.

Technology giant Adobe Inc. agreed Thursday to acquire design-software startup Figma Inc. in a deal valued at roughly $20 billion as it expands its range of creative tools for professionals.

On Monday, Peloton Interactive announced it has accepted the resignation, of co-founder and former CEO John Foley, in a management shake-up as the maker of connected exercise equipment races to turn itself around.

At its annual developer conference Friday, online gaming firm Roblox Corp. announced it plans to debut 3D ads next year as it strives to diversify its revenue stream beyond in-game purchases.

Facebook parent Meta Platforms Inc. said it has acquired Lofelt, a Berlin technology startup aiming to replicate the illusion of touch in virtual reality.

On Thursday, Mercedes-Benz Vans and Rivian announced they are partnering to establish a new European factory that would produce electric vans for both brands, sending Rivian shares up about 6%.

Meme stock favorite, GameStop Corp., reported a smaller-than-expected quarterly loss on Wednesday and announced it has partnered with crypto exchange FTX US to increase its presence in the cryptocurrency space.

Speaking at a Code Conference on Tuesday, Chief executive Sundar Pichai of Google and Alphabet said it wants to make the company 20% more efficient ahead of economic uncertainty and a broader slowdown in ad spending.

CVS Health Corp. appears to have beaten competitors, including Amazon.com Inc. and United Health Group Inc., to acquire the home-healthcare company Signify Health Inc. for around $8 billion.

Shares of Snap Inc., the parent company of social media app Snapchat, surged as much as 14.9% Wednesday following news of the company's plan to cut costs.

US chip stocks tumbled Thursday after government officials told them to stop exporting cutting-edge processors for artificial intelligence to China.

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For the first time, Facebook parent Meta Platforms Inc. posted a decline in revenue and issued a muted outlook as it competes with rival TikTok.

On Tuesday, HP Inc. Chief Executive Enrique Lores said he sees indications that commercial customers are spending more cautiously on PCs, joining a growing list of companies to report a slowdown.