Business and finance news from Guardian US
Business
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Fast food chain’s boss says presence is no longer ‘consistent with its values’ after invasion of Ukraine -
Workers who bore the brunt of the Covid pandemic at billion-dollar companies such as Dollar General, McDonald’s and Wendy’s are leading a surge in action
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European Commission downgrades growth prospects from 4% to 2.7%, while economy slows rapidly in China -
Investors to get $4bn in bonus shares after record earnings of $39.5bn on higher demand and crude prices
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In depth
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Apple is no longer the most valuable company, Meta took a $230bn hit, Amazon reported its first loss since 2015, but a slump ‘is a big question mark’ -
Inflation is set to jump to 9% this week when official figures are released, and fears of a slump are growing -
140bn metric tons of planet-heating gases could be unleashed if fossil fuel extraction plans get green light, analysis shows -
Republicans are mulling retaliation against firms providing benefits such as travel assistance for employees seeking abortion
Around the world
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City’s mayor reopens Bank branch of the Northern line after 17 weeks of closure for upgrade -
French carmaker joins other western firms leaving Russian market, with option to return within six years -
The proposal would have seen lithium and rare metal resources taken into state hands as part of the country’s wide-ranging political shakeup -
Sharp selloff of shares and fall in pound against the dollar follow news of surprise contraction in economy
Featured topics
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Large corporations are passing on higher-than-needed price increases to customers under the cover of inflation, war and supply chain squeezes, experts say -
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