March Madness Puts Las Vegas Back in the Game
The influx of fans during this month’s college basketball tournament is a welcome lift to the city’s casinos and hotels after a dismal 2025, when the number of visitors fell 7.5 percent. Source link
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Vedanta tells Supreme Court its revised Jaypee bid tops Adani offer
Mining billionaire Anil Agarwal’s Vedanta Ltd has told the Supreme Court that its tweaked bid for the bankrupt Jaiprakash Associates Ltd was rejected despite being better than Adani Group’s offer.In its petition challenging the lenders’ decision to accept Adani’s takeover offer, Vedanta contended that its addendum bid is about Rs 3,400 crore higher in gross…
Judge Blocks Trump’s Order to End Funding for NPR and PBS
The ruling will have minimal effect on the federal money going to public media because Congress voted to claw back funding. But it could have implications for any future funding. Source link
US gas prices cross $4/gallon for first time since 2022; Iran war drives global spike
US gasoline prices have crossed $4 per gallon for the first time since 2022, as the ongoing Iran war continues to disrupt global oil supplies and push up fuel costs.According to the American Automobile Association (AAA), the national average price for regular gasoline stood at $4.02 per gallon on Tuesday — more than $1 higher…
Trump’s Executive Order on NPR and PBS Is Unconstitutional, Judge Rules
The ruling will likely have minimal effect on the federal money going to public media because Congress voted to claw back funding. Source link
US consumer confidence edges up despite $4 gas prices; inflation worries rise amid Iran war
US consumer confidence rose marginally in March even as fuel prices surged due to the Iran war, highlighting resilience in spending but growing concerns around inflation and economic outlook, according to AP.The Conference Board said its consumer confidence index increased to 91.8 in March from 91 in February, indicating a modest improvement despite rising cost…
Allbirds, Once Silicon Valley’s Favorite Shoe, Sells for $39 Million
Despite once being valued at $4 billion, the company that made sneakers from Merino wool struggled to capture a wide customer base and turn a profit. Source link
Jerome Powell says Fed has limited scope to counter energy price rise; flags inflation risks
Federal Reserve Chair Jerome Powell on Monday said the central bank is closely monitoring inflation risks arising from the spike in energy prices due to the Iran war, but cautioned that there is limited scope for policy intervention in such supply-driven shocks.Speaking at Harvard University before nearly 400 students, Powell said energy shocks typically tend…
FDA Is Expected to Lift Restriction on Peptides, Heeding RFK Jr.’s Wishes
The peptides, which are increasingly marketed as providing longevity and health benefits, were removed in 2023 from the agency’s list of products that compounding pharmacies can sell. Source link
US-Iran war bleeds Sensex! Rs 51 lakh crore gone, record $12 billion FII wipeout, stock market down over 11% – is there an end in sight to selloff?
In a span of just a month, BSE Sensex is down over 9,300 points or 11.48%! (AI image) Blood bath on Dalal Street, foreign investors’ exodus, mass selloff, several lakh crore of investors’ wealth wiped out – these are the headlines that have dominated financial news this month. The US-Israel-Iran war has dealt a massive…