US Business

The decline was driven by downbeat expectations among lower-income households.

Employees who allege they contracted the coronavirus on the job can face a high bar to prove their cases.

U.S. workers have failed to return to the office in greater numbers this month, frustrating hopes that the rollout of Covid-19 vaccines and falling infection rates would start to lure employees back and help revitalize city economies.

Walmart is set to become one of the biggest distributors of the Covid-19 vaccine. The retailer gave out its first doses on Friday, many in medically underserved areas.

Britain recorded the largest economic contraction among the world’s major economies in 2020, highlighting the pandemic’s toll on a country that has also suffered one of the deadliest outbreaks.

Democrats chose not to include an increase in the federal debt ceiling in President Biden’s $1.9 trillion coronavirus relief package, leaving the often-contentious issue to be addressed later this year.

A shareholders’ suit citing internal Boeing documents alleges the company’s board didn’t act as fast on safety as CEO David Calhoun said.

New York prosecutors are investigating financial dealings around some of former President Donald Trump’s signature Manhattan properties, including Trump Tower.

The law firms defending Purdue Pharma in probes into its OxyContin painkiller didn’t disclose an existing deal with Purdue’s owners to keep information shared between them confidential when the drugmaker filed for bankruptcy.

CEOs Mark Zuckerberg and Tim Cook are at odds over privacy, power and dueling visions of the internet. Their rivalry is increasingly personal—and public.