Bloomberg Costco Wholesale Corp topped Wall Street’s profit expectations during the first quarter amid continued high demand for food and supplies, even as the warehouse chain said pandemic-related costs remain elevated. Profit climbed to $2.62 a share in the period ended on November 22, the company said. Analysts had expected $2.06 on average, according to estimates compiled by Bloomberg. Costco ...

Bloomberg In rejecting President Donald Trump’s call to overturn the US election outcome, the Supreme Court sent a message about its role in the American system of government: We do law here, not partisan politics. With a brief, the court effectively killed any chance that Trump and his allies would succeed in using baseless claims of widespread fraud to reverse ...

Bloomberg UK Prime Minister Boris Johnson and European Commission President Ursula von der Leyen agreed to give talks on a post-Brexit trade deal one more shot after speaking by phone on Sunday, a sign that they may be able to salvage an accord after days of pessimism. In a joint statement issued following their conversation, they said that “despite the ...