‘A viral Facebook post nearly blew up our business’

Shares of Zee Entertainment Enterprises fell sharply Tuesday after news reports that Japan’s Sony Group may call off a merger of its India operations with the former. Zee Entertainment shares fell as much as 13% and were last down 6.7% at 258.75 Indian rupees ($3.12). Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved….

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Chevron is buying Hess Corp. for $53 billion in another huge deal this month as the industry uses its windfall from surging oil prices.

The Good Brigade | Digitalvision | Getty Images More from Year-End Planning Here’s a look at more coverage on what to do finance-wise as the end of the year approaches: “This is a game-changer,” said Eric Hylton, national director of compliance for Alliantgroup, a firm that has been reviewing ERC claims for other tax professionals….

The governors of New York and California announced sweeping plans to crack down on retail crime this week, as trade associations and police departments lobby for government action to curb theft. The plans include new legislation designed to increase the penalties for retail crime offenses and more funding for police departments and district attorney’s offices…

The Institute of Fiscal Studies says higher interest rates have increased costs of financing the system.