US Business

The appliance maker said the loss stemmed from its exit from Russia, while higher costs and reduced sales volumes weighed on its North American operations.

The SEC and federal prosecutors have launched inquiries into payments made by former WWE Chief Executive Vince McMahon to settle allegations of sexual misconduct, people familiar with the matter said.

The retailer said higher food and fuel prices are denting consumer spending, requiring more markdowns on apparel and other inventory.

Cargill and the newly formed Wayne-Sanderson Farms settled claims they violated antitrust laws by sharing information about poultry workers’ wages.

Tesla chief’s liaison with Google co-founder’s wife led to couple’s divorce filing, according to people familiar with the matter.

Oliver Blume, who also heads up the car maker’s Porsche brand, has pushed electrofuels as alternatives to electric cars.

After a punishing start to the year, the S&P 500 has climbed nearly 5% in July. Even some companies that have posted sharply lower quarterly results have seen their shares rally in the following days.

PCR-testing capacity is shrinking as funding declines and people test at home before work, school and gatherings or forgo screening.

Retail stores are reporting stronger sales of beers like Busch Light and Icehouse, while Marlboro is losing ground to brands such as Montego and Maverick.

Purchasing managers surveys indicate the sharpest pullback for the U.S. economy since early in the pandemic, with eurozone and other global economies also showing weakness.