The coffee chain said it and its licensee would permanently wind down operations in its 130 stores and would continue to pay nearly 2,000 employees in Russia for six months....
The chip maker is in talks to pay around $140 a share for the software company, people familiar with the matter said. The companies aim to announce the cash-and-stock deal Thursday....
The home-sharing company plans to shut its domestic operations in the country, but continue to serve Chinese travelers booking overseas properties....
The move by the company at the center of last year’s meme-stock craze comes as it looks to turn around its core videogame business....
American drivers are holding on to cars and trucks longer to avoid lofty prices for replacements and an inventory shortage at dealerships....
Federal Reserve survey was conducted before Omicron, inflation buffeted the U.S. economy....
President Biden and leaders from a dozen countries endorsed the Indo-Pacific Economic Framework, a platform aimed at countering China’s influence....
The European Central Bank is likely to increase its key interest rate to zero or above by September, President Christine Lagarde said, echoing robust moves by the Federal Reserve and other major ce...
Rising interest rates could one day lead the central bank to pay out more in interest than it earns, creating a political headache....
The Federal Reserve’s moves to fight inflation raise the risk of slower growth and even recession—and complicate President Biden’s efforts to highlight bright spots in the economy....
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