Business News

Walmart sees the slowest pace in US comparable sales in 6 years and offers cautious guidance

Walmart is reporting the slowest pace in U.S. comparable sales in six years, and the retailer offered a cautious outlook for the year

US futures little changed after US Treasury doubles bond buybacks

U.S. futures are relatively unchanged after the U.S. Treasury Department said it would at least double the size of planned purchases of longer-term government debt

Chinese court sentences founder of troubled property developer Evergrande to life in prison

A Chinese court has sentenced Hui Ka Yan, founder of property developer Evergrande, to life in prison

Walmart puts up another strong performance in the second quarter, but its outlook is cautious

States pour taxpayer dollars into college sports as athlete pay, soaring costs squeeze budgets

A growing number of states are providing tax dollars to university athletics

Chinese court sentences founder of China's failed real estate developer Evergrande to life in prison for fraud

Champagne growers race to preserve quality in record-early harvest

Champagne producers are racing to pick grapes as the region experiences its earliest harvest on record

Hong Kong conglomerate seeks $1.5 billion in damages from Panama for takeover of canal ports

CK Hutchison is seeking over $1.5 billion from Panama for damages to its investments after the country seized two ports at the ends of the Panama Canal

Prince Harry emphasizes need to better apply veterans' skills during roundtable with service members

Prince Harry wants communities to better apply their service members' skills when they enter the workforce

Japan reports record exports and imports for July as energy costs climb

Japan’s imports and exports set records in July, though soaring energy costs and a weak yen helped extend a trade deficit for a third straight month