US Small-Business Rent Delinquencies Rise to a Three-Year High
The delinquency rate for US small businesses climbed to a three-year high this month, reflecting the impact of rent spikes and declining revenue, according to a monthly survey.
The delinquency rate for US small businesses climbed to a three-year high this month, reflecting the impact of rent spikes and declining revenue, according to a monthly survey.
The US economy is resilient, and it’s bad news for Joe Biden.
President Joe Biden’s administration is delaying action on a proposed rule to ban menthol cigarettes, which some activists have said would unfairly target Black smokers.
Apollo Global Management Inc., KKR & Co. and Stonepeak may inject billions of dollars into a joint venture that will help fund Intel Corp.’s semiconductor fabrication facility in Ireland, according to people with knowledge of the matter.
Paramount Global’s board is considering removing Chief Executive Officer Bob Bakish and putting the film and TV company under a committee of top executives while it evaluates a possible sale, according to a person familiar with the discussions.
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