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The Justice Division on Thursday introduced the arrests of three individuals in a posh stolen identification scheme that officers… JDS supremo HD Deve Gowda mentioned that people have used the ‘harshest of words’ against him and his family in the last few weeks. More than two years after announcing their proposed merger, Sony on January 22 announced the termination of the deal while accusing ZEEL of not meeting closing conditions even after extending their closing period by a month.

• Southwest was the only one of the nation’s largest airlines to report a profit for the final quarter of last year.
• At Planet Money, a multimedia team of reporters tracks down the economists, investors and regular folks who are trying to make sense of the rapidly changing global economy.
• On the other hand, a surprising surge in inflation is preventing the economy from rebounding more quickly, or feeling more normal.
• From Waiter to Guest at Nantucket’s Grande Dame HotelA writer returns to a classic Massachusetts hotel, where he worked 50 years ago, to ponder how he, the island, and the newly refurbished inn, have changed.

There were 260,000 new claims for unemployment insurance, down from 290,000, a dip that might suggest a slowdown of the Omicron variant’s effects on the labor market. To offset those costs and maintain profit margins, McDonald’s, like other fast-food chains, increased menu prices by about 6 percent last year. The Japanese conglomerate said that Michel Combes, a former chief executive of the communications company Altice who serves as president of SoftBank Group International, would assume Mr. Claure’s duties running SoftBank’s international operations.

Seylan Bank appoints Justice Buwaneka Aluwihare as Chairman

Anthropic, an artificial intelligence startup, has named Krishna Rao, a former Airbnb executive, as its first finance chief, the company ann… The hedge fund manager left a number of trading firms stuck with “failed trades” — that is, brokers had executed trades on behalf of the company but couldn’t collect payments. The situation ensnared firms including Virtu Financial Inc.’s Canadian unit, Echelon Wealth Partners Inc., National Bank of Canada and JonesTrading Canada Inc., according to documents in the case.

• Operationally, Glenmark is targeting an EBITDA margin of approximately 19 percent.
• One employer has been forced to split up his seasonal workers to get them home after the national air carrier went into voluntary liquidation.
• On the heels of Going Infinite, his new book about beleaguered crypto entrepreneur Sam Bankman-Fried, Michael Lewis talks with the BBC about storytelling, money and grief.
• “Having come through the deepest downturn in 300 years UK businesses are firmly focussed on growth,” Mr Stewart said.
• Throughout the campaign in Buffalo, which began in late August, union supporters complained that out-of-town officials who

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