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Walmart sends warning to Washington

Long after the spring spike of pandemic-related pantry loading and panic buying, Walmart Inc is still benefiting from all the ways Covid-19 has reshaped consumer needs and spending patterns. And yet, even as the mega-retailer unveiled another strong quarterly performance, the underpinnings of its results should serve as a wake-up call to Washington: More government stimulus is urgently needed because ...

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Detroit and Germany have their own Teslas

When finance types talk about internal combustion engines, they often just use the abbreviation ICE. It’s an appropriate name: Investors have a frosty view of car companies that depend on petrol or diesel to power their vehicles. Volkswagen AG, the world’s biggest auto maker by sales, has a market value of 73 billion euros ($87 billion), or about 6.5 times ...

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Europe’s youth have found an unlikely hero

Europe’s youth have found an unlikely hero. Mario Draghi, former president of the European Central Bank (ECB), has used his first major speech since his departure from that role to underline the plight of Europe’s youngest generations. At a time of deep uncertainty about the future, and facing accusations of driving recent spikes in infections, teenagers and twentysomethings can use ...

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