The Latest Business Headlines

A fire at a munitions depot inside Russia forced the evacuation of two villages near the border with Ukraine, while two civilians were reported wounded by Russian shelling near the Zaporizhzhia nuclear power plant as both sides traded accusations about fighting near the facility in southern Ukraine




Walmart, the nation’s largest employer, is expanding its abortion coverage for employees after staying largely mum on the issue following the Supreme Court ruling that scrapped a nationwide right to abortion



A five-year review by U.S. officials has determined that Endangered Species Act protections for ocean-going salmon and steelhead that reproduce in the Snake River and its Idaho tributaries must stay in effect




Cyprus’ largest bank says it has rejected three successive cash bids by LSF XI Investments LLC to buy all its share capital over the last three months on the grounds that they “fundamentally undervalue” the financial institution


Foot Locker is naming former Ulta Beauty CEO Mary Dillon as its chief executive, replacing Richard Johnson, who will retire next month after leading the  athletic retailer since 2014





Wayfair is cutting about 870 employees, or 5% of its global workforce, as part of a plan previously announced by the home goods company to manage operating costs and realign its investment priorities








A court says Chinese-born Canadian tycoon who disappeared from Hong Kong in 2017 has been sentenced to 13 years in prison for a multibillion-dollar string of financial offenses and his company was fined $8.1 billion


Rising prices and a fast depreciating currency have pushed many in Zimbabwe to the brink, reminding people of when the southern African country faced world-record inflation of 5 billion% in 2008





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