Business

Jeff Zucker Abandons Telegraph Bid, Putting London Paper Back Into Play

RedBird IMI said it had withdrawn its attempt to acquire the storied newspaper after a revolt from Conservative Party leaders.

Walmart Is Shutting Health Centers After Plan to Expand

The 51 locations, next to Supercenters, proved too costly to be profitable, the retailer said.

U.S. Plan to Protect Oceans Has a Problem, Some Say: Too Much Fishing

An effort to protect 30 percent of land and waters would count some commercial fishing zones as conserved areas.

Paramount Faces a Mountain of Questions

Bob Bakish, the media giant’s chief executive, is out, removing an obstacle to a deal with David Ellison's Skydance. But…

Europe’s Economic Laggards Have Become Its Leaders

More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.

Hydrogen Offers Germany a Chance to Take a Lead in Green Energy

In the city of Duisburg in Germany’s industrial heartland is a vast steel complex that is one of Europe’s largest…

Walmart Introduces a New Store Brand for ‘Quality Food’

The Better Goods store brand will carry plant-based, gluten-free and higher-end food and could help the retailer attract more affluent…

How the High Cost of Borrowing May Skew the Presidential Race

Kimberly Jolasun, a 32-year-old entrepreneur in Atlanta, has never voted for the Republican candidate for the presidency. That may be…

High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.

High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy…

Even as He Faces Prison Time, Binance’s Founder Plans a Comeback

Since pleading guilty to violating money-laundering rules, Changpeng Zhao, who ran the giant crypto exchange Binance, has networked across the…

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