TOKYO — Japan’s economy shrank slightly less than initially reported in the first quarter, as private consumption remained resilient in the face of resurgent COVID-19 infections, offsetting a drop in capital spending. Read More
Kohl’s Corp has entered exclusive negotiations with retail store operator Franchise Group Inc over a potential sale of the department store chain, valuing it at nearly $8 billion, the companies said late on Monday. Read More
SINGAPORE — Chicago corn futures slid on Tuesday, with better-than-expected condition of the U.S. crop easing concerns over world supplies and adding pressure on prices. Read More
A former human resources officer at Eli Lilly & Co sued the pharmaceutical company on Monday, alleging she was terminated after pointing out poor manufacturing practices and data falsification involving its blockbuster diabetes drug. Read More
KYIV — Russia struck Ukraine’s capital Kyiv with missiles early on Sunday for the first time in more than a month, while Ukrainian officials said a counter-attack on the main battlefield in the east had retaken half of the city of Sievierodonetsk. Read More
SYDNEY — An Australian court ordered Google to pay A$715,000 ($515,000) to a former senior lawmaker on Monday after finding that a Youtube star’s “relentless, racist, vilificatory, abusive and defamatory campaign” drove him to quit politics prematurely. Read More
SYDNEY — Asian shares made a muted start on Monday as caution gripped ahead of a critical reading on U.S. inflation, while the euro gained on the yen amid wagers the European Central Bank will take a major step toward policy tightening this week. Read More
KYIV — Ukraine said on Saturday it had recaptured a swathe of the battlefield city of Sievierodonetsk, where intense fighting continued, in a rare counter-offensive against Russia’s main assault force that had been steadily advancing in the east. Read More
WASHINGTON — U.S. Treasury Secretary Janet Yellen on Saturday said she never pushed for cuts to President Joe Biden’s $1.9 trillion American Rescue Plan, rebutting a media report in which a biographer was quoted as saying she favored scaling it back to avoid inflation. Read More