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Walmart cuts profit outlook as shoppers adapt to inflation

By ANNE D'INNOCENZIO
Jul 25, 2022 7:00 am - NEW YORK (AP) - Walmart Inc. on Monday lowered its profit outlook for the second quarter and the full year, saying rising prices on food and gas are forcing shoppers to ...
Budget airline Allegiant cuts profit outlook on rising costs

The Associated Press
Jul 25, 2022 7:00 am - LAS VEGAS (AP) - Shares of Allegiant Air's parent company tumbled in after-hours trading Monday after the budget airline gave a disappointing preview of its second-quart...
Grains mostly higher, Livestock mixed

The Associated Press
Jul 25, 2022 7:00 am - Wheat for Sep. rose 11 cents at $7.70 a bushel; Sep. corn gained 15.75 cents at $5.80 a bushel, Sep. oats fell 10 cents $4.4250 a bushel; while Sep. soybeans advanced 38...
German business confidence at 2-year low amid energy worries

The Associated Press
Jul 25, 2022 7:00 am - BERLIN (AP) - German business confidence has fallen more than expected this month, hitting a two-year low amid worries about higher energy prices and the prospect of a p...
Hollywood producer's new nonprofit to boost diverse creators

By KAY DERVISHI of The Chronicle of Philanthropy
Jul 25, 2022 7:00 am - Hollywood film producer Dan Lin - known for movies such as Disney's live action 'œAladdin'ť and 'œThe Two Popes'ť - is launching a nonprofit with more than $1 million fr...
German union calls 1-day strike by Lufthansa ground staff

The Associated Press
Jul 25, 2022 7:00 am - BERLIN (AP) - A German union has called on Lufthansa ground staff to walk out on a one-day strike Wednesday in a dispute over pay. The ver.di service workers' union said...
Weber, Newmont fall; WWE, Emergent rise

The Associated Press
Jul 25, 2022 7:00 am - Stocks that traded heavily or had substantial price changes Monday: World Wrestling Entertainment Inc., up $5.59 to $71.81. World Wrestling Entertainment jumped 9.5% aft...
Rents spike as big-pocketed investors buy mobile home parks

By MICHAEL CASEY and CAROLYN THOMPSON
Jul 25, 2022 7:00 am - LOCKPORT, N.Y. (AP) - For as long as anyone can remember, rent increases rarely happened at Ridgeview Homes, a family-owned mobile home park in upstate New York. That c...
Zimbabwe debuts gold coins as legal tender to stem inflation

By FARAI MUTSAKA
Jul 25, 2022 7:00 am - HARARE, Zimbabwe (AP) - Zimbabwe has launched gold coins to be sold to the public in a bid to tame runaway inflation that has further eroded the country's unstable curre...
How suburban businesses are adjusting to record-high gas prices

BY JENNY WHIDDEN jwhidden@dailyherald.com
Jul 25, 2022 5:30 am - Svilen Gadzhov used to travel anywhere in the metropolitan Chicago area to fix appliances. When record-breaking gasoline prices swept the nation, he was faced with a cho...

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