Topic
closures
Logistics Freight Distress Report: More than 7,000 Jobs Cut in New Wave of Closures
FreightWaves' latest Freight Distress Report tallies roughly 7,058 confirmed job cuts across 21 companies in 15+ U.S. states, led by Tyson Foods' closure of beef plants in Illinois and Utah and Essendant's potential liquidation. FedEx, Ryder, CJ Logistics America, Daimler Truck, and others are also shuttering facilities, forcing shippers to reroute freight and find alternative capacity.
Finance India Bank Holidays in August 2026: State-Wise Closures This Week
Banks across multiple Indian states will remain closed on August 19, 25, 26 and 28, 2026 for regional festivals and observances, according to Business-Today. Branch-based services such as cheque processing, demand drafts and large cash transactions will be unavailable, while internet banking, mobile banking, ATMs and UPI remain operational. The RBI also mandates closure on the second and fourth Saturdays of every month.
Finance August 2026 Bank Holidays in India: Full State-Wise Closure Calendar
Banks across India will remain closed on multiple dates in August 2026 due to regional festivals and RBI-mandated weekend closures. Branch services such as cheque processing and demand draft issuance will be unavailable, though digital banking will continue uninterrupted. The state-wise holiday calendar varies, requiring treasury teams to plan ahead.
Xbox is reportedly closing Ninja Theory, Double Fine and Compulsion Games
According to reports from The Verge and Bloomberg, Xbox is preparing to shut down or sell at least three studios: Ninja Theory, Double Fine, and Compulsion Games. Studio leaders are attempting to buy themselves back to avoid closure. The move follows a wave of layoffs and leadership changes at Microsoft's gaming division.
Finance June 2026 Bank Holidays: State-Wise Closures and Digital Banking Operations
Banks in multiple Indian states will observe closures on several dates in June 2026 due to regional festivals and religious observances. Digital banking channels including internet banking, mobile apps, ATMs, and UPI will remain fully operational. Treasury professionals should plan for delays in cheque processing, demand drafts, and large cash transactions on the affected days.