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Business News

Location American Business News for 21 March 2022
Applebee's is testing drive-thru windows to compete with fast-food giants Applebee's -- whose takeout orders grew exponentially during the pandemic and now account for more than a quarter of its sales -- said it plans to expand testing of drive-thru windows.
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Meet Vladimir Potanin, the richest man in Russia. He's worth $25 billion, plays ice hockey with Vladimir Putin, and hasn't been sanctioned by the West. Potanin was one of several Russian billionaires who helped fund the 2014 Olympics in Sochi. He invested $2.5 billion in a ski resort.
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CTA is dealing with spiking crime and complaints about nuisance behavior. Here's what could be behind it, and what you can expect when resuming your commute. Data on rule violations and crime sheds additional light on the experience of riding CTA buses and trains as residents have returned to offices and outings.
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Cattle Ranchers Take Aim at Meatpackers' Dominance

Wall Street Journal - 21 Mar 2022 19:09
Cattle Ranchers Take Aim at Meatpackers' Dominance Nebraska cattlemen plan to build their own butchering plant to bypass America's meat-processing giants, which they say underpay for livestock even as inflation drives up food prices.
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How to Vet a Remote Workplace

Harvard Business Review - 21 Mar 2022 16:40
Questions to ask before you take the job.
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Five Paths To War With Russia

Forbes - 21 Mar 2022 15:35
Five Paths To War With Russia Although the US and NATO want to avoid direct conflict with Russia, Russian aggression and outraged publics might produce a clash. Here are five ways World War III could begin.
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IDBI Bank stake sale: Govt holding road shows to assess investors' interest The government may look to sell around a 26% stake in the IDBI Bank, along with management control to attract investors.
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Binance Informs Canadian Regulator It's 'Committed' to Ceasing Crypto Trading Services in Ontario Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down certain services to comply with regulations...
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How the Beverage Industry is Helping Ukraine Relief The beverage industry has stepped up with statements of their own or creative ways to show support for Ukraine in tangible ways.
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I'm a Ukrainian who fled to the UK. This is what the journey was like, from fighting for a visa to waiting 23 hours at the border. Maria Romanenko and her British partner left their Kyiv apartment just before the Russian invasion. She entered the UK on a one-off visa waiver.
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Inside Putin's inner circle: Meet the 38 Russian oligarchs cut off by sanctions The United States, the United Kingdom, and the European Union have each issued sanctions against multiple Russian oligarchs.
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Price analysis 3/21: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE Bitcoin and most major altcoins are attempting to sustain above their immediate support levels, signaling a possible change in the short-term trend.
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India Box Office Report: 'The Kashmir Files' Earns $22 Million In 10 Days The Hindi film, 'The Kashmir Files' is scoring big at the Indian box office and is giving a tough competition to an Akshay Kumar film that released on March 18. 'The Kashmir Files' released in theatres on March 11.
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Puppets Made From Upcycled Clothes Strut the Runway in This Quirky Fashion Campaign The house lights dim, music begins playing and a spotlight illuminates the runway. But as the first model struts down the catwalk, it's clear this isn't your typical fashion show. All the models are puppets made from upc...
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Any pay increase that still falls short of price rises means a cut for workers, a union boss says.
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Shale companies drilling more, but oil output growing little Oil companies are putting more rigs back to work after depleting their stockpiles of previously drilled but untapped wells
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Nickel price volatility resumes as the metal plummets 15% on the London Metal Exchange to hit limit down On Thursday and Friday, the London Metal Exchange set 8% and 12% trading ranges, respectively, and nickel prices hit those lower limits each day.
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Cash Crunch Drives Wild Moves in Commodities

Wall Street Journal - 21 Mar 2022 16:49
Commodity traders are being hit by huge cash requests from banks and exchanges, propelling whipsaw moves in markets and hindering the movement of materials beyond Russia and Ukraine.
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Trading in bonds issued by the Russian government has restarted but other business remains suspended.
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Do Your Global Teams See DEI as an American Issue?

Harvard Business Review - 21 Mar 2022 16:25
Leaders of multinational organizations need to adopt a broader lens that includes local issues and solutions.
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Germany is investigating a sanctioned Russian oligarch's $1.5 billion share deal with a company apparently controlled by his wife Alexei Mordashov shifted his majority 34% stake in holiday company TUI the day he was sanctioned by the European Union on February 28.
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Oil Producers Aren't Crazy to Worry About High Prices

Wall Street Journal - 21 Mar 2022 16:22
Western economies became more energy-efficient after the 1970s oil shocks. This time round they have more tools readily available to cut their needs.
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