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.

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Updated 37 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 4:15 p.m. ET: 33,477,825 — Total deaths: 1,003,922 — Total recoveries: 23,209,109Map.
  2. U.S.: Total confirmed cases as of 4:15 p.m. ET: 7,176,111 — Total deaths: 205,676 — Total recoveries: 2,794,608 — Total tests: 102,342,416Map.
  3. Health: Americans won't take Trump's word on the vaccine, Axios-Ipsos poll finds.
  4. States: NYC's coronavirus positivity rate spikes to highest since June.
  5. Sports: Tennessee Titans close facility amid NFL's first coronavirus outbreak.
  6. World: U.K. beats previous record for new coronavirus cases.

Mueller defends Russia investigation in rare public statement

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.

Biden releases 2019 tax returns ahead of debate

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.