Business

bg
Ride-Sharing Startup Swvl Nearing Deal to Go Public With Female-Led SPAC

Ride-Sharing Startup Swvl Nearing Deal to Go Public With...

Dubai-based Swvl plans to merge with Queen’s Gambit Growth Capital in a deal that...

bg
Lysol. N95 Masks. UPS. For Some Pandemic Winners, the Boom Is Over.

Lysol. N95 Masks. UPS. For Some Pandemic Winners, the Boom...

Some companies report growth is slowing, adding to challenges as they deal with...

bg
Rio Tinto First-Half Profit Sets Record on Commodity Price Surge

Rio Tinto First-Half Profit Sets Record on Commodity Price...

Rio Tinto reported a record first-half net profit and more than tripled its midyear...

bg
Starbucks Sales Outpace Pre-Pandemic Levels

Starbucks Sales Outpace Pre-Pandemic Levels

The coffee giant’s U.S. business rebounded to help quarterly sales outpace pre-pandemic...

bg
SBA to Simplify PPP Loan Forgiveness for Smallest Borrowers

SBA to Simplify PPP Loan Forgiveness for Smallest Borrowers

The agency will allow borrowers of $150,000 or less to apply directly for forgiveness,...

bg
Covid-19 Fueled a Treasury Market Meltdown in 2020. Report Offers Potential Fixes.

Covid-19 Fueled a Treasury Market Meltdown in 2020. Report...

While extreme stress may have been unavoidable, regulators face questions over how...

bg
Fed Launches Standing Repo Facility to Boost Market Liquidity

Fed Launches Standing Repo Facility to Boost Market Liquidity

The Federal Reserve is putting a $500 billion cap on the facility and is offering...

bg
Covid-19 Keeps Resurging, but Western Economies Are Adapting

Covid-19 Keeps Resurging, but Western Economies Are Adapting

While vaccines have been the decisive factor, a host of adaptations by governments...

bg
Facebook's Ad Business Posts Another Strong Quarter

Facebook's Ad Business Posts Another Strong Quarter

Facebook posted sharp growth in quarterly revenue and profit, fueled by robust digital...

bg
Baxter in Early Talks to Buy Medical-Device Maker Hill-Rom

Baxter in Early Talks to Buy Medical-Device Maker Hill-Rom

Baxter International is in talks to buy medical-equipment maker Hill-Rom Holdings,...

bg
Fed Says Economy Has Made Progress Toward Its Goals, Teeing Up Bond Taper

Fed Says Economy Has Made Progress Toward Its Goals, Teeing...

Officials will assess whether to begin shrinking their $120 billion in monthly asset...

bg
Activision CEO Says Company Was Tone Deaf in Response to Harassment Suit

Activision CEO Says Company Was Tone Deaf in Response to...

The videogame publisher said it hired a law firm to investigate complaints of sexual...

bg
Commercial-Property Sales Volume Returns to Prepandemic Levels

Commercial-Property Sales Volume Returns to Prepandemic...

The recovery has been fueled by historically low interest rates and the belief of...

bg
Bloomingdale's Joins Smaller-Store Trend With Bloomie's Launch

Bloomingdale's Joins Smaller-Store Trend With Bloomie's...

The 22,000-square-foot store in a suburban shopping district in Fairfax, Va., will...

bg
Tesla Overcomes Chip Shortage to Post Record Profit

Tesla Overcomes Chip Shortage to Post Record Profit

The Silicon Valley electric-car company posted a record quarterly profit of $1.1...

bg
Apple Profit Sets Record on Strong iPhone Sales

Apple Profit Sets Record on Strong iPhone Sales

Sales of iPhones rose 50% from the year-earlier quarter to $39.6 billion, driving...