Bloomberg UK oil-service provider Petrofac Ltd must pay a $95 million penalty by a London judge for failing to prevent bribery between 2011 and 2017. The penalty includes a $64 million fine and a $31 million confiscation order. The levy comes after the company pleaded guilty to seven bribery offenses, in a deal with the UK’s Serious Fraud Office (SFO). ...

Should Walmart Inc merge with Home Depot Inc? There may be a container ship worth of reasons for them to consider it. Walmart and Home Depot are among US retailers that have grown so frustrated with the limited space on container ships and rising cost of ocean shipping that they’ve begun chartering their own vessels to speed the journey from ...

The first big data release from the 2020 Census in August contained some positive news about America’s biggest cities. The biggest of them, New York, turned out to have hundreds of thousands more people than the annual population estimates made by the Census Bureau had projected. Not one of the country’s 10 largest cities lost population between 2010 and 2020, ...