Walmart’s Mexico unit said it would invest more than $6 billion in the country this year, around triple its planned spending from the year before.
Read More Walmart Mexico to invest $6 bln in 2025
Category: Business
Wall Street job cuts loom as market turmoil stalls deals
U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters.
Read More Wall Street job cuts loom as market turmoil stalls deals
Kroger countersues rival Albertsons after demise of $25 billion merger
Kroger countersued Albertsons, escalating a legal battle between the companies following the collapse of their proposed $25 billion merger in December.
Read More Kroger countersues rival Albertsons after demise of $25 billion merger
US Supreme Court turns away casino mogul Wynn’s bid to challenge NY Times v. Sullivan defamation rule
The justices declined to hear an appeal by Wynn of a decision by Nevada’s top court to dismiss his defamation suit against the AP and one of its journalists.
Read More US Supreme Court turns away casino mogul Wynn’s bid to challenge NY Times v. Sullivan defamation rule
Unclear when Heathrow will re-open as closure causes global turmoil
Britain’s Heathrow said on Friday it was unclear when Europe’s busiest airport would be able to re-open after a fire knocked out its power.
Read More Unclear when Heathrow will re-open as closure causes global turmoil
US labor market remains stable, but job opportunities limited
The number of Americans filing new applications for unemployment benefits increased slightly last week, suggesting the labor market remained stable in March.
Read More US labor market remains stable, but job opportunities limited