US companies in China cut revenue forecasts and investment plans

Truck drivers, like the one pictured here in Shanghai in late April, generally must present valid negative virus tests in order to move goods between cities in China. The American Chamber of Commerce in China said members reported varying implementation of Covid controls by city and province. CGV | Visual Group China | Getty Images … Read more

How to Beat Inflation with Stock Investments: Buy What You Know and Eat What You Eat

New York CNN Business — The stock market is a mess right now, but here’s some Wall Street wisdom for these tough times: Eat, drink, and be merry. Emphasize the cheerful if you have purchased food and drink stocks. Heavy consumer staples like food and beverage manufacturers tend to do well even during tough economic … Read more