US Business

The agreement follows a roughly yearlong effort by the U.S. private-equity giant to acquire the company.

Kyiv-based carrier SkyUp Airlines said it was forced to make an unscheduled landing in Moldova and suspended sales for flights this week after its insurers stopped covering aircraft in Ukrainian airspace.

The company’s ongoing production and shipping constraints are squeezing independent sneaker boutiques, which are sometimes waiting months for key designs.

Beyond higher prices for materials, shipping or wages, inflation is hitting U.S. companies in less-obvious ways, seeping into legal costs for Marlboro maker Altria and auto-repair bills for insurer Allstate.

The transactions, by two senior Federal Reserve economists, came as Chairman Jerome Powell signaled a policy pivot in response to the pandemic. The Fed says employees complied with rules and some trades made by family members.

High inflation is weighing on consumer moods, but people still don’t seem to think it will persist.

The economy has changed in a number of ways over the past half century, but there’s still a risk that inflationary dynamics can re-emerge.

Efforts to clear protesters blocking traffic on a crucial bridge between the U.S. and Canada appear to have stalled Saturday, as an initial crowd of roughly 50 people swelled to over 500, among them parents with children.

Emissions of the potent greenhouse gas are growing from livestock and farm animals and declining from oil-and-gas systems and coal mining, but agriculture doesn’t get the same tough treatment.

Businesses are passing their rising costs on to consumers with new fees, truncated services and reduced contents in packaged goods, which don’t always show up in inflation data; “shrinkflation” hits a block of cheese.