Claire’s, Teen Jewelry Chain, Files for Bankruptcy a 2nd Time
Once ubiquitous for ear piercing at the mall, Claire’s faced financial volatility along with other bricks-and-mortar retailers. It last filed for bankruptcy in 2018. Source link
business
Read More
Japan-US trade agreement: Tokyo to import ‘very beautiful’ Ford F-150s; duties on Japanese car exports still unclear
Japan is set to begin importing Ford’s hefty F-150 pickup trucks, US President Donald Trump said on Tuesday, even as questions linger over the full scope of the countries’ trade agreement.The move comes as part of a deal announced in July, under which Japanese imports will be hit with a 15% “reciprocal” tariff, lower than…
Disney, McDonald’s and the State of the U.S. Economy
The effects of President Trump’s trade war on households are expected to be a big focus in earnings calls held by major consumer-facing companies. Source link
Man receives trillion-rupee windfall credit! Rushes to bank; here’s what it said
A 20-year-old man from Dankaur near Noida was stunned after receiving a bank message showing an unimaginable sum of money, Rs 10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299, credited to his account on August 1.The man, Deepak, said the amount was deposited in his late mother’s account, which he had opened just two months ago. I got a message that Rs…
McDonald’s Sales Return to Growth, Pushed by Promotions
Return of the McCrispy chicken strips and a Minecraft movie tie-in brought diners back to the fast-food giant, which had seen sales stall in recent quarters. Source link
Doing very well! RBI guv says India contributing more to global economy than US
Reserve Bank of India governor Sanjay Malhotra on Wednesday gave a firm reply to Donald Trump’s ‘dead economy’ remark, assuring that India’s economy is “doing very well” and contributing more to global growth than the United States.Speaking to reporters at the RBI headquarters, Malhotra highlighted India’s resilience and strong performance even as Trump’s controversial remark…
Why the B.L.S. Regularly Revises Jobs Data
President Trump fired the head of the Bureau of Labor Statistics last week and described a jobs report that included a big downward revision as “rigged.” Source link
‘To make settlement simpler’: RBI to simplify claims process for deceased customers’ nominees; banks launch re-KYC drive for Jan Dhan accounts
RBI Governor Sanjay Malhotra on Wednesday announced key initiatives to make banking services more customer-friendly and inclusive. Among the major steps is the move to simplify and standardise the claims settlement process for bank accounts and safe deposit lockers of deceased customers to ease the burden on nominees trying to access funds.Addressing the third bi-monthly…
How One Company Maintained a Monopoly on U.S. Fire Retardant
Perimeter Solutions sought to undercut rivals, leaving federal officials worried about their reliance on a single company for a crucial product. Source link
Stock market today: Nifty50, BSE Sensex trade lower after RBI’s policy decision to keep repo rate unchanged
Market experts anticipate sideways trading, with attention focused on the Reserve Bank of India’s monetary policy. (AI image) Stock market today: Indian equity benchmarks Nifty50 and BSE Sensex traded flat on Wednesday, following the RBI’s monetary policy announcement and continued foreign fund outflows.As of 10:14 AM, the Nifty50 was down 46.50 points or 0.19%, trading…