The Biden administration has decided to remain publicly quiet on India’s democratic backsliding, according to senior US officials, as the US intensifies efforts to keep New Delhi on its side in the rivalry with China.
About four in ten US small businesses said they were very or moderately concerned about the health of their bank last month, though very few actually changed banks or even reached out to them in the wake of the finance-industry turmoil in recent weeks.
Darden Restaurants Inc., the owner of Olive Garden, said it’s buying Ruth’s Hospitality Group Inc., an upscale steakhouse chain of 154 locations, for about $715 million.
Texans are expected to consume a record amount of electricity this summer, though the state’s grid operator says the system has enough generating capacity to meet peak demand for the season.
Jenny Craig, the weight loss and nutrition business backed by H.I.G. Capital, will shut down after four decades of operation after failing to secure additional financing, NBC reported.
A shipment of diesel at the center of a European Union sanctions-busting claim had an inconsistency in its paperwork.
Nikita Mazepin, the Formula 1 racing driver dropped from his team following Russia’s invasion of Ukraine, has turned to court to lift British sanctions, calling them “unlawful.”
Crypto traders are avoiding billions of dollars in tax by taking advantage of wild price swings to “harvest” losses so they can be offset against other profits, according to a paper published by the National Bureau of Economic Research.
Working from home is suitable for some roles, Arvind Krishna said, but those who aspire to move up the ranks need to be in an office.
The European Union is setting aside €500 million ($551 million) to boost manufacturing of artillery shells, missiles and gunpowder in an effort to speed up production of ammunition for Ukraine and galvanize the bloc’s defense industry.
