The chairman of the US Senate Special Committee on Aging sent a letter to the eldercare startup Papa Inc. on Thursday, pressing the company to “provide assurances that it is taking steps to ensure the safety and dignity of care workers and clients” following a Bloomberg Businessweek investigation revealing allegations of sexual assault and harassment.
Nigeria declared a state of emergency that will allow the government to take exceptional steps to improve food security and supply, as surging prices cause widespread hardship.
Major US banks are warning about the potential for further losses across their commercial real estate lending businesses.
The United Arab Emirates suspended the accreditation of one of its biggest gold refineries over concerns that its owners had ties to alleged money launderers.
The Black Sea safe-transit deal that’s allowed Ukraine to export millions of tons of grain in the past year expires on Monday, and a potential decision by Russia to renew it is coming down to the wire. Turkish President Recep Tayyip Erdogan told reporters he hopes a letter sent to Vladimir Putin by UN Secretary General Antonio Guterres this week will help to secure an extension of pact. So far Russia has made no statement on extending the deal, Putin says he’s still deliberating, and Moscow has
Wagner mercenaries have emerged in Belarus as military instructors, the first official sign of the group’s presence in the country since the mutiny in Russia that spiraled into the most serious threat to President Vladimir Putin’s Kremlin rule.
Investors have pulled more money out of US junk-bond funds than from any other asset class so far this year, according to a report by Bank of America.
The Mississippi River, which ferries key materials between America’s heartland and the Gulf Coast, is once again nearing concerningly low levels.
Austria’s OMV AG is entering talks with Abu Dhabi National Oil Co. about combining some of their assets to create a chemicals and plastics giant.
Jamie Dimon and his big bank are channeling Martha and the Vandellas.
