‘Everything Is Gone’: Looting Strikes a Second Blow to Reeling Businesses in Minority Neighborhoods

PHILADELPHIA—The destruction came in waves. The first one hit about 4 a.m. on Sunday, when four people smashed the glass door of a clothing store…

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Walmart Goes Off Script at Annual Meeting

Walmart Inc. executives weighed in on a range of topics at the company’s annual shareholder meeting Wednesday, from the global coronavirus pandemic and the retailer’s…

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Former UAW President Pleads Guilty to Embezzlement, Racketeering Charges

A former United Auto Workers president pleaded guilty Wednesday to embezzlement of union funds and racketeering, marking the highest-profile conviction yet in the government’s yearslong…

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FedEx Adds New Delivery Fees to Manage Strain From Coronavirus

FedEx Corp. is adding surcharges to some shipments in the U.S., following rival United Parcel Service Inc. in charging more to offset rising costs and…

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Chicken Industry Executives, Including Pilgrim’s Pride CEO, Indicted on Price-Fixing Charges

The chief executive of one of the country’s biggest chicken producers and three other industry executives were indicted Wednesday for allegedly conspiring to fix prices…

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Warner Music Shares Surge in Market Debut

Shares of Warner Music Group Corp. climbed sharply following the third-largest music label’s trading debut on Wednesday, a stock sale that marked the biggest U.S.…

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For African-Americans, a Painful Economic Reversal of Fortune

In the decade before Covid-19, African-Americans’ economic circumstances, crushed during the 2007-09 recession, had slowly but steadily improved. Then lockdowns crashed the economy, and last…

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U.S. to Block Chinese Airline Flights to and From U.S.

The Trump administration threatened Wednesday to bar mainland Chinese airlines from flying to and from the U.S. starting June 16, saying Beijing has failed to…

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Campbell’s Sales Rise on Coronavirus Buying

Campbell Soup Co. raised earnings expectations for its fiscal year after demand skyrocketed for its soup and snacks during the coronavirus pandemic. Campbell said Wednesday…

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Huawei Risks Tougher Line From Britain After Latest U.S. Offensive

LONDON—New U.S. restrictions imposed on China’s Huawei Technologies Co. have prompted British officials to consider steering telecom carriers away from its gear, according to people…

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