Business Update

After surging about 10 percent on Thursday, oil prices had little reaction to the decision by President Trump to waive sanctions on the sale of some Russian crude. Source link

A Washington Post appeal for information about the military qualified as prohibited “solicitation,” according to defense officials. Source link

India relies on huge quantities of cooking gas that is normally shipped from the Persian Gulf. Source link

The globally acclaimed restaurant had the power and influence to remake restaurant culture. Instead, it perpetuated the darkest parts of that world. Source link

By suing Republican states and making sharp reversals in old cases, the Trump administration is using courts to fast-track major shifts in policy. Source link

Theaters will get a minimum of five weekends of exclusive play and then, starting next year, seven. A pandemic-era policy was guaranteeing only three. Source link

The Trump administration is expected to begin a trade investigation into whether dozens of countries have policies to combat forced labor. Source link

The Federal Reserve and other financial regulators will soon release proposals to loosen some planned rules on how much capital banks must hold in reserve to mitigate risks. Source link

Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage. Source link