Indian officials have kept silent about Amazon’s fight with Reliance, but they have pressured the American company on other fronts. The Reserve Bank of India and the Enforcement Directorate, India’s federal crime-fighting agency, are investigating Amazon for suspected violations of India’s foreign investment laws. Amazon and Walmart’s Flipkart are also fighting a legal battle to […]
Fisher-Price is recalling its 4-in-1 Rock ‘n Glide Soother, a baby sleep product, after it was linked to reports of four infant deaths, the U.S. Consumer Product Safety Commission said. The infants who died were reported to have been placed on their backs unrestrained in the product, which is supposed to rock babies to sleep, […]
As the nation edges closer to President Biden’s goal of a 70 percent vaccination rate, many people are beginning to wonder how long their protection will last. For now, scientists are asking a lot of questions about Covid-19 booster shots, but they don’t yet have many answers. The National Institutes of Health recently announced that […]
MIAMI — There was money in the air. Buzzwords floated around, like NFT, BTD, blockchain, token. There was a frenzied energy. And there was heat — a humid, sticky South Florida heat; the kind all the Californians and New Yorkers who moved to Miami during the pandemic’s winter doldrums were warned about. The kind generated […]
Of the more than four million people whose jobless benefits are going to be cut off in the next few weeks, Bre Starr will be among the first. That’s because Ms. Starr — a 34-year-old pizza delivery driver who has been out of work for more than a year — lives in Iowa, where the […]
Daily Business Briefing June 4, 2021Updated June 4, 2021, 5:29 p.m. ET Finance ministers from the Group of 7 gathered in London on Friday. The meetings with be the first test of Janet L. Yellen’s deal making ability as Treasury secretary.Credit…Pool photo by Stefan Rousseau LONDON — Finance ministers from the Group of 7 nations […]
For a few days, it looked as if the Hong Kong police had succeeded in a first foray at foreign censorship. A group of exiled activists said a website they put up to call for greater democratic freedoms in the city had been taken down on Monday by Wix, the Israeli company hosting it. Nathan […]
AMC doubled in value last week, rose 23 percent on Tuesday and exploded by an additional 95 percent on Wednesday, leaving it up more than 500 percent over the last month. By the close of trading on Wednesday, AMC’s market value of more than $30 billion put it in roughly the same class as companies […]
Daily Business Briefing June 2, 2021Updated June 2, 2021, 4:52 p.m. ET Credit…Jim Young/Reuters Activist investors who dealt a stunning defeat to Exxon Mobil last week secured a third seat on the company’s board on Wednesday when the oil giant announced updated results of a shareholder vote. The investors, a small hedge fund called Engine […]
Yogis and nature enthusiasts have long flocked to Ojai, a verdant mountain enclave 90 minutes north of Los Angeles — gastronomes, not so much. That changed during the pandemic, when the Ojai Valley Inn turned its sprawling, indoor-outdoor farmhouse — formally a wedding venue before the coronavirus upended plans — into a stage for a […]
