Business

Restaurant bankruptcy filings have surged so far this year, echoing a broader rise in corporate bankruptcies across sectors. At least 10 restaurant chains, not including multi-unit franchisees, have filed for...

Financial hand-ringing abounds these days as money managers and consumers alike eye a potential recession. But recessions are notoriously difficult for economists to predict. Official recession indicators are mounting. Two...

Chinese state banks have halted transactions with Russia over fears of getting entangled in US sanctions, but smaller financial institutions are taking their place, Reuters reported on Friday. Some smaller...

Notorious for a hardworking culture, Japan launched an initiative to help people cut back. But three years into the effort, the country is having a hard time coaxing people to...

ESPN has gone off the air on a major carrier for the second straight year during the U.S. Open tennis tournament and in the midst of the first full weekend...

Australia’s largest publicly traded casino operator has been temporarily suspended from the country’s stock exchange after failing to lodge its annual financial results. Star Entertainment Group was delisted from the...

As tech leaders squabble over artificial intelligence regulations, their companies’ legal departments are highlighting the business risks that the patchwork of early-stage rules could pose. DeepMind CEO Demis Hassabis, OpenAI...

LONDON — In 1962, President John F. Kennedy had a mission: get an American on the moon by the end of the decade. What JFK didn’t know was that 60...

Some 10,000 hotel workers across the United States have gone on strike over a major holiday weekend to demand better pay and conditions. Workers on Sunday walked off the job...

The leader of Israel’s largest trade union, the Histadrut, vowed to “halt” the country’s economy on Sunday as protesters demanded a ceasefire in Gaza. It’s been nearly a year since...