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Economy and Business

Disney Shares Slip After Earnings Report, As Covid Closures Take A Toll On Parks In Asia

Disney reported stronger-than-expected growth in streaming subscribers across all of its media platforms, but its shares fell after hours.

Net Zero Business Opportunities Could Double Size of London Insurance Market: LIIBA

The business opportunities provided by the global transition to net zero is potentially large enough to double the size of the London insurance market, according to the London and International Insurance Brokers’ Association (LIIBA).

Charleston City Council Approves Paving, Sidewalk Contracts

The Charleston City Council on Monday approved multiple contacts related to street and sidewalk improvements totaling nearly $6 million.

Detroit Small Business Summit Responds to ‘Urgent Need’

This summer, Yolanda Massey plans to move her business Hooked on Books Childcare from a home-based operation in Redford to a 1,500-square-foot building in Detroit.

Segal Marco Advisors Honored to be Named a Greenwich Quality Leader for the Fourth Consecutive Year

Segal Marco Advisors, one of the largest U.S.-based investment consultancies, has been designated as a 2021 Greenwich Quality Leader in the Large Consultants category by Coalition Greenwich, a leading global provider of data, analytics, and insights to the financial services industry.

Indian-American Arun Venkataraman Sworn In as US Asst Secy of Commerce

Arun Venkataraman, a leading Indian-American international trade policy expert, has been sworn in as the Assistant Secretary of Commerce for Global Markets and Director...

UK Set For Slowest Growth In G7 As Ukraine War Hits Global Economy

The war in Ukraine will "severely set back" the global economic recovery with the UK hit harder than most, the International Monetary Fund has...

IMF Says Russia’s War In Ukraine Will ‘Severely Set Back’ Global Economy

The International Monetary Fund has slashed its expectations for global economic growth over the next two years because Russia invaded Ukraine, comparing the ripple...

Bank Of America CEO Says Spending Is Healthy Despite Roaring Inflation

Bank of America CEO Brian Moynihan told CNBC’s Jim Cramer on Tuesday that Americans are spending heartily, even as inflation continues to roil the...

World Bank Slashes Global Growth Forecast To 3.2% From 4.1%, Citing Ukraine War

The World Bank lowered its annual global growth forecast for 2022 on Monday by nearly a full percentage point, down from 4.1% to 3.2%,...

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