Wednesday, July 3, 2024
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Business

Business

Red Lobster files for bankruptcy

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Red Lobster has filed for Chapter 11 bankruptcy protection after shuttering dozens of restaurants.The seafood chain has agreed to sell itself to its lenders ― following a process known as a “stalking horse” purchase agreement ― giving it...
Business

Is there a pullback in consumer spending? Here’s what CEOs say

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People walk past a Sweetgreen restaurant in Manhattan on September 14, 2023. Jeenah Moon | The Washington Post | Getty ImagesWith higher prices and elevated interest rates stubbornly sticking around, Chipotle burrito bowls and European vacations are still on...
Business

Controversy over net metering financial rules

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ISLAMABAD: Net metering (solar photovoltaic – PV) is a hot topic these days having invited a lot of attention and even controversy. The government wants to change mostly the financial rules, while the net metering users would like to...
Business

2024 Bajaj Pulsar F250 Launched After Pulsar NS400Z; Check What’s New | Auto News

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Bajaj Auto has launched the 2024 Pulsar F250 in India, priced at Rs 1.51 lakh (ex-showroom, Delhi). Notably, this motorcycle was already unveiled at the global launch of the Pulsar NS400Z. The company has now revealed the prices...
Business

Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China

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A congressional investigation found that BMW, Jaguar Land Rover and Volkswagen purchased parts that originated from a Chinese supplier flagged by the United States for participating in forced labor programs in Xinjiang, a far western region of China...
Business

Silver beats Sensex, Bitcoin, and even gold in May so far! What’s the outlook for the white metal?

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Silver has outperformed the S&P BSE Sensex, gold, and Bitcoin in the volatile month of May. While the Sensex has declined by 566 points or 0.75%, silver has surged by 11.29% or over Rs 9,580 per kg. The...
Business

TikTok is a hub for GLP-1 weight-loss drugs. New rules may change that.

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Taylor Hubler went to pull up TikTok on her phone one day last month and saw she was logged out. “That’s weird,” she thought. She’d been continuously logged in for a couple of years.The 33-year-old Oregon resident soon...
Business

Walmart to lay off, relocate hundreds of corporate workers

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Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters.The big-box retailer confirmed the layoffs and relocations in a memo sent to employees Tuesday.In the memo, Chief People...
Business

Is US-China trade war sustainable?

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KARACHI: The new tariffs regime on Chinese-made electric cars, solar panels, steel, and other goods, being escalated by US President Joe Biden, could potentially have profound effects on the US economy and its citizens. According to the White House,...
Business

New-Gen Toyota Fortuner Spied, Equipped With Sunroof? Here Is What We Know So Far

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New-Gen Toyota Fortuner: D-segment SUVs do not contribute significantly in overall passenger vehicle sales but the Toyota Fortuner has a dedicated fan base in India. Despite its premium price starting above Rs 33 lakh, it lacks certain features...
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National Portrait Gallery Buys Dolley Madison Photo for $456,000

The National Portrait Gallery bought the earliest known photograph of an American first lady for more than six...
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