Bed Bath & Beyond Inc. said it will pay past-due interest to bondholders on Feb. 28 as the troubled retailer catches up on overdue payments after a last-minute equity deal earlier this month.
A renewed surge in Treasury yields took the wind out of the stock market, with geopolitical tensions and dire forecasts from bellwethers Walmart Inc. and Home Depot Inc. also souring investors’ mood.
The funding deficit facing New York’s Metropolitan Transportation Authority could be solved if state lawmakers pass Governor Kathy Hochul’s proposed budget, the agency’s chief financial officer Kevin Willens said.
The US consumer is largely holding up, but retail executives are becoming more cautious about the quarters ahead given a shift toward spending on services and a dip in purchases of nonessential products.
“Frustrating,” “very annoying” and “left in the dark.”
Critics of Rishi Sunak said he had failed to resolve one of the key sticking points in the Brexit negotiations over Northern Ireland, a fresh setback as he tries to convince his own party to back plans to end a long-running dispute with the European Union.
The Federal Trade Commission won’t challenge Amazon.com Inc.’s $3.49 billion acquisition of One Medical parent 1Life Healthcare Inc., according to people familiar with the decision, a move that will allow the deal to close later this week.
The 98-year-old former president chose to spend the remainder of his time at home with family, rather than seek additional medical treatment.
The Biden administration intends to impose new rules barring migrants who illegally enter the US from seeking asylum if they do not apply for protections in another country en route to the southern border.
Dozens of ESG funds sold more than $1 billion worth of Tencent Holdings Ltd. shares in the past six months, as concerns about Chinese censorship and regulatory risks grew.
