Bloomberg Business

US retailers are closing stores, cutting operating hours and changing product selections in response to an increase in crime, according to a survey by the National Retail Federation.

President Joe Biden announced that Emmy-winner Viola Davis and former Walgreens Boots Alliance Inc. CEO Rosalind Brewer will be advisors on a newly-created White House council focused on engaging with the African diaspora living in the United States.

The US Federal Trade Commission sued Amazon.com Inc. in a long-anticipated antitrust case, accusing the e-commerce giant of monopolizing online marketplace services by degrading quality for shoppers and overcharging sellers.

Nigerian lawmakers approved the appointment of Olayemi Cardoso to a five-year term as the next central bank governor, as Africa’s biggest economy grapples with a plunging currency and runaway inflation.

Climate change intensified the torrential rain and flooding that’s swept South Africa’s Western Cape over the past two days, claiming at least 11 lives and forcing the evacuation of about 1,000 low-lying homes, the region’s top officials said.

(Bloomberg) — With Congress on the verge of shutting down the US government again, stock-market investors are prepared for the typical routine — lots of noise, little action. This time, however, could be different due to a case of poor timing.

Birkenstock Holding Ltd. is preparing to kick off the roadshow for its US initial public offering next week in the latest major test of demand for new listings, people with knowledge of the matter said.

Volkswagen AG is curbing the production of electric vehicle models at two German plants due to declining European demand and shrinking government subsidies.

Kosovo said a local ethnic Serb leader with ties to Belgrade was involved in a shootout with police on Sunday, escalating tensions after the bloodiest clash in the nation in almost two decades.

The Bank of Canada will hold its key interest rate near the current level of 5% until the third quarter of 2024, economists say, with growth picking up momentum to end this year.