Microsoft Corp. once again surpassed $4 trillion in valuation, joining artificial intelligence chipmaker Nvidia in the exclusive club that also briefly included Apple on Tuesday.

The deal removes a major constraint on raising capital for OpenAI, which was founded as a nonprofit AI safety group.

UPS, in the throes of a cost-cutting drive, said Tuesday that it had reduced its workforce by 48,000 employees this year. The ...

Franklin Electric Co. Inc. on Tuesday reported third-quarter earnings of $16.7 million, or 37 cents per diluted common share, ...