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WBR News

Funny Money: Bad Wigs & Trophy Wives

Lessons from 'the Donald', CEO mendacity, a lodging plot, Wal-Mart's new motto and much more corporate hilarity.

Stocks Close to the Plus Side

Retail sales for May are weaker than expected. Best Buy easily tops earnings estimates.

Blackstone to Acquire Wyndham

The agreement is worth $3.24 billion in total.

Four Seasons Checking Out of Pierre

The company moves closer to extricating itself from the Manhattan hotel.

Wyndham Sets Big Hotel Sale

The transaction completes a five-year-old divestiture campaign.

Breaking News

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.