General Electric Co. is getting out of the business of making lightbulbs, selling a unit that defined the company for nearly a century but had become one of its last consumer products.

GE said it would sell its lighting business to Savant Systems Inc., a seller of home automation technology. Terms of the deal weren’t disclosed but the transaction valued the unit at around $250 million, according to a person familiar with the matter.

Amazon.com Inc. is in advanced talks to buy Zoox Inc. in a move that would expand the e-commerce giant’s reach in autonomous-vehicle technology.

The companies are discussing a deal that would value Zoox at less than the $3.2 billion it achieved in a funding round in 2018, according to people familiar with the matter. An agreement may be weeks away and the discussions could still fall apart, one of the people cautioned.

Zoox,...

An urgent call reached Ronald O’Hanley, State Street Corp.’s chief executive, as he sat in his office in downtown Boston. It was 8 a.m. on Monday, March 16.

A senior deputy told him corporate treasurers and pension managers, panicked by the growing economic damage from the Covid-19 pandemic, were pulling billions of dollars from certain money-market funds. This was forcing the funds to try to sell some of the bonds they held.

But...

Huawei Technologies Co. said Monday the Trump administration’s move to thwart its access to semiconductors will damage its ability to maintain its telecommunications networks, but some U.S. specialists say the latest ban has significant loopholes.

The U.S. move is designed to cut Huawei off from non-U.S. companies that manufacture chips used in Huawei’s cellular base stations and servers as well as its own smartphones.

Huawei...

The companies raising the most money in the IPO market right now have no revenue, aren’t profitable and lack long-term business plans.

That is by design: They are blank-check companies, whose purpose is to raise money for acquisitions.

So...