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Rite Aid Averts Total Closure, Wins Restructuring Plan Approval
Livemint· 6 days agoRite Aid Corp. has been cleared to exit bankruptcy after winning court approval on a restructuring plan that’s poised to save the ailing pharmacy chain from liquidation by handing control of ...
US Employment Seen Moderating Along With Wage Growth
Livemint· 5 days agoPayrolls in the world’s largest economy are projected to have increased by about 190,000, according to a Bloomberg survey of economists ahead of Friday’s report. The closely-watched ...
Tokyo Set to Elect Governor in Race Key to Kishida’s Fortunes
Livemint· 3 days agoTokyo will decide this weekend whether to re-elect a governor supported by Prime Minister Fumio Kishida’s Liberal Democratic Party or pick an opposition-backed challenger, in what will amount ...
Macron’s Election Gamble Has Failed. Now He’s Nowhere to Be Seen
Livemint· 3 days agoEmmanuel Macron hasn’t been seen since the president and his wife, Brigitte, were spotted strolling the streets of the French coastal town of Le Touquet in dark sunglasses and leather bomber ...
Powell Welcomes Recent Data But Fed Needs More Confidence to Cut
Livemint· 2 days agoFederal Reserve Chair Jerome Powell said the latest economic data suggest inflation is getting back on a downward path, but emphasized officials need more evidence before lowering interest rates ...
Chicago Pension Debt Rises to $37 Billion as City Hunts for Cash
Livemint· 3 days agoChicago’s pension burden climbed again last year as new laws and accounting measures added to costs, and first-term Mayor Brandon Johnson looks for new revenue. The net pension liability across ...
FTC Will Sue to Block Tempur Sealy’s Mattress Firm Buy
Livemint· 2 days agoThe US Federal Trade Commission will sue to block Tempur Sealy International Inc.’s $4 billion proposed deal with Mattress Firm Inc. The agency on Tuesday announced that it had unanimously voted ...
Weak New Zealand Business Confidence Adds to Rate-Cut Pressure
Livemint· 3 days agoNew Zealand businesses are more pessimistic on the economy, increasing the risk of another contraction and putting pressure on the central bank to cut interest rates sooner than it’s currently ...
Supreme Court Overturns Chevron Rule in Blow to Agency Power
Livemint· 6 days agoA divided US Supreme Court threw out a decades-old legal doctrine that empowered federal regulators to interpret unclear laws, issuing a blockbuster ruling that will constrain environmental, ...
Le Pen’s Far-Right Party Projected to Come First in French Vote
Livemint· 3 days agoMarine Le Pen’s National Rally was on track to dominate the first round of France’s legislative election, dealing a major blow to President Emmanuel Macron and setting the stage for a far-right ...