Employee Lawsuit Against Fox News Is Dismissed
A reporter who claimed the network had fired him for challenging its coverage failed to prove retaliation and discrimination, a federal judge said. Source link
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Why rupee breached 95 versus dollar mark despite RBI’s move to stem fall
The Indian rupee has been battered since the start of the US-Iran war, and continues to depreciate versus the US dollar driven by a multitude of factors. (AI image) The Indian rupee on Monday breached the 95 mark for the first time versus the US dollar. In fact, in this financial year, the rupee has…
Air Canada CEO Michael Rousseau to step down by Q3 over English-only message controversy
Air Canada on Monday said CEO Michael Rousseau will retire by the end of the third quarter, with the announcement coming against the backdrop of criticism over his handling of communications after a fatal accident, Reuters reported.The controversy stemmed from a condolence message issued following a collision involving an Air Canada Express aircraft and a…
Rupee tumbles 9.88% in FY26, worst annual fall in 14 years – what lies ahead?
The Indian rupee depreciated 9.88 per cent against the US dollar in FY26, marking its steepest annual decline in 14 years, according to market data as reported PTI.The last comparable fall was in FY12, when the domestic currency had dropped 12.4 per cent amid a widening current account deficit of 4.2 per cent.The sharp depreciation…
Fed chair Jerome Powell says US can look past oil shock; flags risk if inflation expectations shift
US Federal Reserve Chair Jerome Powell on Monday said the central bank can look through the energy price shock triggered by the Middle East conflict, but warned it may need to act if rising costs begin to alter inflation expectations, AFP reported.“The tendency is to look through any kind of a supply shock,” Powell said…
PNGRB notifies Ombudsman mechanism to strengthen consumer grievance redressal
NEW DELHI: The Petroleum and Natural Gas Regulatory Board (PNGRB) has put in place a formal ombudsman mechanism for grievance redressal to strengthen consumer protection.Under the new rules, consumers will now have the option to escalate unresolved complaints beyond the company level to an independent authority designated as the ombudsman. The provision comes into play…
T.S.A. Lines Appear to Be Getting Shorter as Workers Begin to Receive Paychecks
The hourslong waits at airports appear to be easing after the president signed an order to pay Transportation Security Administration officers. Source link
Govt gives 30-day relief to gems, jewellery exporters amid Middle East disruptions; shipment delays prompt easing
In response to disruptions in cargo movement linked to the Middle East crisis, the government has allowed an additional 30 days for the gems and jewellery sector to fulfil specific export and import timelines.The relaxation comes as exporters face delays in consignments to key markets in the region, which accounts for nearly 30 per cent…
Democrats Examine Elon Musk’s Role in Suspension of Business Disclosure Law
Lawmakers have asked the Treasury Department for information on how Mr. Musk may have influenced the decision to end enforcement of the Corporate Transparency Act. Source link
‘Profound implications’: Oil at $40 or $150? BlackRock’s Larry Fink explains two scenarios amid US-Iran war
The ongoing Iran war, now nearing four weeks with no clear resolution, is already pushing oil prices above $100 per barrel, with visible impact on fuel and household costs. Against this backdrop, Larry Fink, chairman and CEO of BlackRock, has outlined two sharply divergent paths for oil markets and the global economy.Speaking to the BBC,…