RENEE MONTAGNE, host:
NPR's business news starts with Wal-Mart's latest earnings.
(Soundbite of music)
MONTAGNE: The country's biggest retailer said its profits, in the most recent quarter, rose about three percent over this time last year, to three and a half billion dollars. But, many investors are focusing on Wal-Mart's sales at its U.S. stores. For the eighth straight quarter, sales at U.S. stores fell - this time, just over one percent.
In Europe, officials have renewed efforts to resolve their financial problems. They just approved a bailout package for Portugal, worth about $110 billion. But, the E.U. officials are still struggling with what to do about Greece and whether to give that country more money on top of the $155 billion bailout approved last year. Transcript provided by NPR, Copyright NPR.
