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Democratic senators urge Biden to use 14th Amendment to avoid debt default

Democratic senators urge Biden to use 14th Amendment to avoid debt default

© Reuters. FILE PHOTO: Democratic 2020 U.S. presidential candidates Senator Elizabeth Warren and Senator Bernie Sanders talk before the tenth Democratic 2020 presidential debate at the Gaillard Center in Charleston, South Carolina, U.S. February 25, 2020. REUTERS/Jo WASHINGTON (Reuters) -A group of U.S. Senate Democrats called on President Joe Biden to prepare to invoke the…

Thrasio cuts stake, loses control in Indian house of brands in likely market retreat

Thrasio cuts stake, loses control in Indian house of brands in likely market retreat

Founders of Lifelong Online have bought back a majority ownership and control in the Indian house of brands from Thrasio in what appears to be a retreat for the “Amazon aggregator” from the key overseas market. Existing investors of Lifelong, Tanglin Venture Partners and Hero Enterprise, also increased their ownership in Lifelong Online. Thrasio will…