TikTok and its parent company ByteDance have sued to block a law signed by Joe Biden just weeks ago that would force the sale of the short video app or ban it from the US. The companies filed a lawsuit on Tuesday against the US government in the court of appeals for the District of … Read more
(NewsNation) — A former Boeing senior manager who is one of nearly a dozen whistleblowers to come forward says the aircraft manufacturer faces a turning point as the Federal Aviation Administration conducts an investigation into allegations of uncompleted inspections and whether company officials falsified records on certain 787 aircraft. Ed Pierson, the executive director of … Read more
Robust capital expenditure by the government and improvement in business confidence will push the country’s economic growth in 2024-25, an official said on Tuesday. Chief Economic Adviser in the Ministry of Rural Development Kuntal Sensarma said that the focus areas in 2024-25 should be infrastructure growth, inclusive development and harnessing demographic dividend, among others. “The … Read more
The Labour party has in mind new institutions that will capitalise future-facing industries, create good jobs and see Britain catch up with its peers. That is one message from Rachel Reeves’s speech. Her Labour colleague John Eatwell suggests she is inspired by Alexander Gerschenkron, whose seminal work concludes that the way the state was organised … Read more
(The Hill) — TikTok sued to block the law that would force the application to be divested from its Chinese-based parent company ByteDance or be banned from the U.S. In a lawsuit filed Tuesday against the U.S. government, TikTok and ByteDance argued that the law, the Protecting Americans From Foreign Adversaries Act, violates the First … Read more
The Indian market fell for the third straight day as traders preferred to book profits amid expensive valuations. The S&P BSE Sensex fell nearly 400 points while the Nifty50 managed to hold on to 22,300 levels. “Despite positive global cues, the domestic market continued to consolidate. The domestic market is witnessing profit booking due to … Read more
The injectable weight-loss medication Wegovy is available at New City Halstead Pharmacy on April 24, 2024 in Chicago, Illinois. Scott Olson | Getty Images Novo Nordisk and Eli Lilly have long dominated the rapidly growing weight loss drug market, but their duopoly is closer than ever to facing a threat from a new rival. Amgen … Read more
(NewsNation) — Dave & Buster’s is hoping to cash in on the sports betting craze and announced last week it will allow customers to bet on arcade games, but lawmakers in some states are pushing back on the plan. Customers seem happy about the opportunity to bet real money on arcade games. However, lawmakers in … Read more
May 07, 2024, 02:23:25 PM IST Around 10 companies saw the highest buying by mutual funds in the March quarter against the last quarter, according to a press release by Prime Database. Here is the detailed list iStock Mutual funds added around 24.53 crore shares of HDFC Bank in the March quarter with a total … Read more
New York is the richest city in the world, with 359,500 millionaires and 60 billionaires, although the Bay Area of California is close behind, according to a new study. New York’s millionaire population has surged by 48% over the past decade, despite fears of wealth flight and the pandemic hollowing out the city’s affluent population, … Read more
