Business News [UP]

The U.S. Senate voted Thursday against replenishing the Restaurant Revitalization Fund, blocking a bill that would have provided $48 billion in financial relief to businesses negatively impacted by COVID-19....Read More

Seattle-based start-up Veeve and grocery chain Albertsons announced a deal Thursday to deploy Veeve Smart Carts in “a few dozen” of its stores by the end of the year....Read More

Just days after announcing that it was getting out of Russia, fast-food giant McDonald’s said on Thursday that it’s found a buyer for hundreds of locations in the Eastern European country....Read More

Initial claims for unemployment insurance reached a seasonally adjusted 218,000 last week, marking the highest total in four months, according to a new study by the Labor Department....Read More

The Dow Jones Industrial Average plunged Wednesday, dropping 1,164 points for its worst decline since 2020....Read More

SpaceX launched 53 Starlink satellites into orbit Wednesday, while also successfully recovering its two-stage Falcon 9 rocket, the company announced....Read More

A state agency in New York has filed a complaint against Amazon over unfair labor practices, Gov. Kathy Hochul announced Wednesday....Read More

Like the United States, Britain is dealing with its highest Inflation in about 40 years — due largely to rising energy prices that are being disrupted by Russia’s war in Ukraine....Read More

Netflix laid off 150 employees Tuesday as the streaming giant faces subscriber losses, slower revenue growth and a shareholder lawsuit....Read More

House Democrats introduced legislation Tuesday to help address the country’s ongoing shortage of baby formula....Read More