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BusinessEconomy

Southern Glazer’s Agrees to Pricing Restrictions in FTC Settlement

Southern Glazer’s, the largest liquor distributor in the United States, has agreed to pricing restrictions to settle a Federal Trade Commission case over...

BusinessInfrastructure & Development

Amazon Raises Minimum US Operations Pay to $20 an Hour

Amazon has raised the minimum hourly pay for eligible full time US operations workers by $1 to $20, the company said Wednesday. Amazon...

WorldBusiness

U.S. Shoppers Tighten Budgets as Middle Class Cuts Back but Affluent Consumers Keep Spending

American consumers are becoming increasingly cautious with their spending, with middle class and lower income households prioritising essentials and delaying major purchases, while...

BusinessWorld

Walmart Raises Annual Forecast Despite Quarterly Sales Miss

Walmart raised its full year financial outlook on Thursday despite reporting weaker-than-expected quarterly comparable sales, as higher gas prices prompted consumers to cut...