Business

Sun Dawu, a rural tycoon and outspoken critic of the Chinese Communist Party, was sentenced to 18 years in prison Wednesday, the latest in a string of harsh punishments meted out by China against business leaders.The 67-year-old Mr. Sun…

Gymnastics superstar and defending Olympic champion Simone Biles decided to withdraw from Thursday's individual all-around competition at the Tokyo Games to focus on her mental health.Biles shared that she was experiencing a mental issue…

Bloomberg consensus estimates suggest operating profit margins of 9.3% and 10.9%, respectively, for FY22 and the next fiscal. SynopsisCo’s ability to lift prices seems limited owing to a fragile demand recoveryET Intelligence Group: Maruti…

SAN FRANCISCO — Robinhood is known for its association with “meme stocks.” Now the stock trading app could become one.On Wednesday, Robinhood priced its initial public offering at $38 a share, according to two people with knowledge of the…

Dr. Scott Gottlieb told CNBC that he expects surging U.S. coronavirus cases, linked to the highly transmissible delta variant, to start decreasing in just a few weeks. "Probably, in two or three weeks, I think that we were probably about…

The Business Confidence Index (BCI) prepared by the Delhi-based think tank NCAER declined by 27.5 per cent in the first quarter of the current financial year over the previous quarter mainly on account of the second wave of the COVID-19…

After weeks of debate and discussion, the White House and a bipartisan group of senators said on Wednesday that they had reached agreement on an infrastructure bill.The $1 trillion package is far smaller than the $2.3 trillion plan that…

Wingstop has laid out plans to expand its presence in Manhattan with dozens of new locations set to open in the market, CEO Charlie Morrison told CNBC on Wednesday.Many of those locations will come in the form of ghost kitchens where the…

(NewsNation Now) — The cold reality of the global supply chain mess hits hard at places like Santa Monica’s Snyder Diamond Store. Most days, customers are being warned about order delays. “It’s insane,” customer Cecile Billauer said.…

The government has launched the Secured Logistics Document Exchange (SLDE) along with a Calculator for Green House Gas Emission to improve ease of doing business, logistics efficiency, reduce logistics cost, and promote multi-modality and…