Category: Business

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Peter Schiff Has a Deal With Puerto Rico to Liquidate His Euro Pacific Bank, He Says

Two months after regulators there suspended the boutique online bank, the outspoken libertarian economist said he had agreed to return $66.7 million in deposits.  » mehr lesen

Chipotle Agrees to Pay Over $20 Million to Settle New York City Workplace Case

The city contended that the fast-food chain violated scheduling and sick-leave laws for more than four years, affecting 13,000 employees.  » mehr lesen

Coinbase Reports 63% Drop in Revenue Amid Crypto Industry Slump

The cryptocurrency exchange lost more than $1 billion in the second quarter.  » mehr lesen

Ford Raises Prices of F-150 Lightning Electric Truck

Demand for electric vehicles has been far stronger than the supply of battery materials like lithium, nickel and cobalt.  » mehr lesen

Russia says oil flows to three European Union members have been halted.

A state-owned operator of a Russian pipeline to Europe said its payment to the Ukrainian operator of the pipeline had been returned, blaming issues linked to European sanctions against Russia.  » mehr lesen

The Fed Is Cooling Down the Economy, but Stocks Are Hot. What Gives?

Investors are pinning their hopes on a rosy outcome for inflation and growth, driving the S&P 500 up 12 percent in the past two months.  » mehr lesen

In Italy, Where Pizza Was Born, Domino’s Bows Out

The company entered the Italian market in 2015, but seems to have been done in by a proliferation of home-delivery food during the pandemic and a desire for more artisanal pies.  » mehr...

Federal Authorities Investigate Firm Linked to Roman Abramovich

The Securities and Exchange Commission and the F.B.I. have been investigating Concord Management, people close to the firm said.  » mehr lesen

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