Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers. The price for a container of goods from China…
De Niro-backed Nobu restaurants took more than a…
Robert De Niro (L) and chef Nobu Matsuhisa appear during a preview for the Nobu Restaurant and Lounge Caesars Palace on February 2, 2013 in Las Vegas.David Becker | Getty ImagesThe Nobu group of luxury…
Ernst & Young, PricewaterhouseCoopers, KPMG qualify tech round…
NEW DELHI: Three consultancy agencies - Ernst & Young, PricewaterhouseCoopers, and KPMG Advisory, have qualified the technical evaluation round to chalk out an action plan for the government to attract investment in startups. In March,…
Bipartisan Senate bill would punish retailers for refusing…
Ranking member Sen. Bob Menendez, D-N.J., arrives for the Senate Foreign Relations Committee hearing on Thursday, June 20, 2019.Bill Clark | CQ Roll Call | Getty ImagesSens. Bob Menendez, D-N.J., and Kevin Cramer, R-N.D., have…
Unemployment is falling. But it may be short-lived:…
President Donald Trump speaks to journalists in the Brady Press Briefing Room at the White House July 2, 2020. The president addressed reports that the unemployment rate fell to 11.1%.Chip Somodevilla/Getty ImagesThe U.S. unemployment rate…
Bar owners reckon with costly stop and starts…
People stand in queue to enter a restaurant on Ocean Drive in Miami Beach, Florida on June 26, 2020.Chandan Khanna | AFP | Getty ImagesThe list keeps getting longer. Governors in Michigan, Florida, Texas, California, Colorado…
Ban on Chinese apps provides opportunities to US,…
WASHINGTON: A US-India business advocacy group has welcomed India's ban on Chinese apps, including TikTok, saying the move will provide opportunities to American and Indian start-ups. Amidst escalating tensions with China in eastern Ladakh, the…
World Bank approves $750 million fund to support…
The World Bank on Wednesday announced a $ 750 million MSME Emergency Response program to support increased flow of finance to micro, small, and medium enterprises (MSMEs), severely impacted by the COVID-19 crisis. This programme…
‘It was a scary, unnerving time’ — Coronavirus…
Jacy and Seth Boyack reopened their Arizona massage spa earlier this month from pandemic-driven closures. But they shut Citrus Massage back down after four days, citing safety concerns from the Covid-19 outbreak. In an interview Monday…