Poor results from major US retailers sent stocks sliding on Wednesday, setting Wall Street on track…
Category: Economy
Stock market recovery recovers, UK inflation hits 40-year high
LONDON (Reuters) – A stock rally ran out of steam on Wednesday as concerns about the…
Twitter Acquisition: A timeline of Elon Musk’s bumpy road
Even by the standards of Twitter, a company that has known a lot of chaos and…
Home Depot’s strong quarter shows housing market is still booming
New York CNN Business – Home Depot has a message for all Economic naysayers: Hold my…
Stocks Recover Even as Growth Continues, Inflation Fears Remain
Empty prices are displayed in the stock price panels of the Tokyo Stock Exchange (TSE) after…
This Illinois company just sold for $3 billion, but hundreds of employees took a cut. Some will get $800,000. – Chicago Tribune
When private equity firm KKR announced Monday’s $3 billion sale of CHI Overhead Doors to steel…
Report says lawsuit against Rivian warns of possible delays for Amazon vans
Production of Amazon’s electric delivery trucks on April 11, 2022 at the Rivian plant in Normal,…
After 32 years, McDonald’s plans to sell its business in Russia
After more than three decades in Russia, McDonald’s – an icon of American lifestyle and capitalism…
Covid lockdowns affect retail data and industrial production
The ongoing spread of Covid and the resulting stay-at-home orders – primarily in Shanghai – forced…
Amazon’s Bezos slams Biden’s supervisor, says inflation hurts the poor
Amazon founder Jeff Bezos arrives to meet British Prime Minister Boris Johnson at the British diplomatic…