Economy

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Walmart, largest US employer, orders staff to vaccinate

The mandate covers all campus staff as well as market, regional and divisional employees, the retailer said. Walmart Inc., the…

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Exxon posts biggest quarterly profit in a year, exceeds estimates

The firm’s upbeat results show how oil producers are using the rally in prices to cut debt and boost shareholder…

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US consumer spending rose more than expected in June

As more places reopened and people got COVID-19 jabs, consumers confidently spent money at restaurants and stores. U.S. personal spending…

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Robinhood’s IPO, unrest in Tunisia and a Jupiter moon shot

Happy Friday, dear readers! It’s been a minute since we brought you the biggest economic and business news stories of…

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EU ‘ready’ to sanction Lebanese officials over political crisis

European Union says it is ready to impose sanctions on Lebanon’s ruling elite over the country’s political crisis. Beirut, Lebanon…

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What will Mexico’s referendum on corruption achieve?

Mexico City, Mexico – The posters hung throughout the capital this week are unequivocal in their message: “By judging the…

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Nasdaq, S&P 500 tumble as Amazon has worst day since March 2020

Other tech behemoths – including Apple Inc, Google parent Alphabet Inc, and Facebook Inc – also took a dip. The…

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SEC halts Chinese IPO listings until risks are divulged

The US Securities and Exchange Commission said such disclosures are at the heart of its mandate to protect investors. The…

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Two Koreas in talks to reopen joint office, hold summit: Report

North and South Korea are in talks to reopen a joint liaison office that Pyongyang demolished last year and hold…

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Amazon sales to decelerate as pandemic high wanes

The Seattle-based company’s shares fell 6 percent in after-hours trading. Amazon.com Inc.’s second-quarter sales and forecast for the current period…

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