Business

Tony Hsieh, former chief executive officer and founder of online shoe and clothing retailer Zappos, died on Friday, the company said in a statement.

Canada on Saturday blocked bulk exports of prescription drugs if they would create a shortage at home, in response to outgoing U.S. President Donald Trump's efforts to allow imports from Canada to lower some drug prices for Americans.

A Canadian police officer stationed at the Vancouver airport who rejected a plan to arrest Huawei Chief Financial Officer Meng Wanzhou on the plane she arrived on two years ago, on Friday testified that at the time he told other police officers the best course was to allow border agents to interrogate Meng before arresting her.

Volkswagen Chief Executive Herbert Diess has asked the families who control a majority voting stake in the world's largest carmaker to back a contract extension for him in a bid to break a deadlock, two people familiar with the matter said.

Serum Institute of India, the world's largest vaccine producer, sees AstraZeneca Plc's COVID-19 vaccine candidate as a "very good" option, giving it a major vote of confidence after some experts raised questions around its trial data.

Hyundai Motor Co and Kia Motors' U.S. units on Friday agreed to a record $210 million civil penalty after U.S. auto safety regulators said they failed to recall 1.6 million vehicles for engine issues in a timely fashion.