Ruby Tuesday's Times Square, Manhattan location. Photo: Mary Altaffer / AP
NRD Capital is buying the 600-restaurant chain Ruby Tuesday for $146 million, AP reports. Ruby Tuesday's shares jumped nearly 20% from $1.99 to $2.37 on the news.
The big picture: Ruby Tuesday, a sit-down establishment, has been losing business to cheaper, fast-casual joints, and has not reported a quarterly profit in two years. NRD will take the company private.
Illustration: Sarah Grillo/Axios
Photo: David Hume Kennerly/GettyImages
Former special counsel Robert Mueller in a statement on Tuesday defended his team's handling of the Russia investigation after Andrew Weissmann, a former prosecutor in his office, wrote in a new book that investigators should have done more to hold President Trump accountable.
Driving the news: In the tell-all book, “Where Law Ends,” released on Tuesday, Weissman addresses what he calls the special prosecutor office's failures in its investigation.
Photo: Alex Wong/Getty Images
Joe Biden's campaign released his 2019 tax returns on Tuesday, showing that he and his wife, Jill, paid nearly $300,000 in federal taxes last year.
Why it matters: The release, timed just hours before the first presidential debate, comes days after a bombshell New York Times report said that President Trump paid only $750 in federal taxes in 2016 and 2017. Biden's team is hoping to make the tax contrast a sticking point during their showdown tonight.