3M Eyes $5.5B Deal to Settle Earplug Lawsuits
The board of directors at 3M, a global conglomerate renowned for its diverse portfolio, is on the brink of a crucial decision regarding a settlement...
Reliance Industries Appoints Ambani Heirs to Board of Directors
Reliance Industries Ltd, under the stewardship of Chairman Mukesh Ambani, announced a significant leadership transition on Monday as the conglomerate appointed the three scions of...
Evergrande Hong Kong: 87% Stock Plummet Raises Alarms
China Evergrande Group, the prominent real estate conglomerate grappling with substantial debts, experienced a staggering 87% decline in its Hong Kong trading on Monday after...
DOT Slaps American Airlines with $4.1M Fine for Delays
The United States Department of Transportation (DOT) has taken decisive action against American Airlines, imposing the most substantial fine on an airline in the past...
Chinese Restrictions Cast Doubt on Nvidia Growth
Nvidia, renowned for its robust graphics processing units (GPUs), has celebrated a five-quarter spree of surpassing earnings projections. Boasting a lofty forward price-to-earnings ratio of...
Appeals Court Revives Antitrust Case Against McDonald’s
In a recent development, the 7th U.S. Circuit Court of Appeals in Chicago has reinstated allegations that McDonald’s Corp violated federal antitrust law by imposing...
Bankman-Fried Appeals Bail in FTX Exchange Collapse Case
Sam Bankman-Fried, the once high-flying 31-year-old entrepreneur and former billionaire, has lodged an appeal against a recent court ruling that led to his incarceration pending...
BYD Defies Odds, Tops China’s Automotive Market
BYD Co Ltd, a prominent player in the new energy vehicle sector, has demonstrated its resilience by retaining its position as China’s top-selling automotive brand...
Positive Start to Week as Inflation and Jobs Data Awaited
The stock market commenced the trading week on a positive note, with indices displaying significant gains in early morning trading. Investor sentiment was influenced by...
Wall Street Swings Amid Powell’s Speech, Closes Up
After a tumultuous start to the trading day, Wall Street managed to claw its way into positive territory on Friday, largely attributed to the Fed...
