‘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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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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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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Lyft Says Demand Picking Up as Covid-19 Restrictions Ease

Lyft Inc. said demand for rides has risen in recent weeks as people began venturing out following Covid-19 lockdowns but remains well below levels seen…

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Zoom Lifts Full-Year Sales Outlook as Coronavirus Boosts Demand

Zoom Video Communications Inc. raised its full-year outlook for sales after they more than doubled in the first quarter, as a surge in users working…

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China’s BYD Gets Extension on $1 Billion California Mask Deal

BYD Co., a Chinese electric-car maker turned mask producer, said it had secured a second reprieve on a troubled $1 billion deal to sell N95…

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