Covid-19 Vaccine Holdouts Face Restrictions in Europe

European governments worried about the rapid spread of the Delta coronavirus variant are nudging, and in some cases pushing, people to get a shot by introducing restrictions to daily life for those without a Covid-19 vaccination. In most cases, vaccination still isn’t

Utilities Pay for Coal-Plant Closures by Issuing Bonds

A new twist on an old financial tool is helping electric utilities shut down money-losing coal-fired power plants, cutting greenhouse gas emissions and often lowering costs for consumers. Coal plants aren’t just the heaviest polluters, they also are expensive to run. Coal

Neiman Marcus Rides a Rebound in Luxury Shoppers

Luxury shoppers are splurging again. Neiman Marcus Group Inc.’s sales have rebounded from last year when Covid-19 closed its stores and briefly pushed the chain into bankruptcy protection, though the results aren’t yet to pre-pandemic levels. “We saw a rebound in demand

U.S. Retail Spending Fell 1.3% in May

Retail spending fell 1.3% in May. Supply-chain disruptions and business reopenings are triggering a consumer spending shift from goods to services. Consumers are venturing out as the pandemic fades, spending more at stores and on services that were either shut down or

Ransomware Attack Roiled JBS, Then Farmers, Restaurants

Employees at the U.S. division of JBS SA, JBSAY -0.68% the world’s largest meat company, noticed something wrong in their computer systems over Memorial Day weekend, the unofficial kickoff for the busy summer grilling season. The culprit, a ransomware attack, didn’t just