Boeing Reports Bigger Quarterly Loss but Sales Improved
The aerospace company was hurt by the delay of a new plane but made progress on increasing production of the 737 Max, its most popular aircraft. Source link
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US markets today: Stocks hover near record highs as investors await Fed decision; Nvidia, Caterpillar and Teradyne lead gains
US stocks held close to record levels on Wednesday as investors awaited the Federal Reserve’s interest rate decision, with gains in tech and industrial heavyweights helping sustain Wall Street’s momentum.The S&P 500 was up 0.3%, while the Dow Jones Industrial Average rose 193 points (0.4%) and the Nasdaq Composite gained 0.7% as of 9:35 am…
Obamacare Prices Become Public, Highlighting Big Increases
The government website now shows consumers how much their health insurance costs will increase next year, as Congress remains at an impasse over the plans’ subsidies. Source link
ITR deadline extension: Punjab, Haryana, and Himachal High Courts push filing date for audit cases to November 30; here’s what experts say?
In a major reprieve for taxpayers and professionals, the Punjab & Haryana High Court and the Himachal Pradesh High Court on Wednesday extended the income tax return (ITR) filing deadline for audit cases from October 31 to November 30, 2025. The rulings come just days after the Gujarat High Court issued a similar directive, creating…
Big Tech Faces Tough Questions Over the A.I. Spending Spree
Investors have rewarded tech giants for investing heavily in the technology. But bubble concerns are growing. Source link
Sign of oil trade disruption after Trump sanctions? Russian crude oil tanker headed for India takes a U-turn; now idling in Baltic Sea
Ship-tracking information revealed that the vessel Furia altered its course on Tuesday. (AI image) Within days of the US President Donald Trump announcing sanctions on two major Russian oil firms, a crude oil tanker headed for India has now taken a U-turn. According to a Bloomberg report, an India-bound tanker carrying Russian crude has changed…
Paramount to Lay Off 2,000 Employees
The job cuts are the result of a merger with Skydance, the Hollywood studio founded by David Ellison. Source link
Coal India Q2 results: Profit drops 32% to Rs 4,263 crore; heavy rains hit production
State-owned Coal India Ltd (CIL) on Wednesday reported a 32% decline in consolidated profit at Rs 4,262.64 crore for the September quarter, weighed down by lower sales and rising costs. The Maharatna PSU miner had posted a profit of Rs 6,274.80 crore in the same quarter last year.According to a regulatory filing, the company’s consolidated…
Toyota Says $10 Billion U.S. Investment Touted by Trump Isn’t New
Japanese officials have called into question some elements of the flurry of big new investments announced by President Trump during his Japan visit. Source link
Starlink India security compliance: Elon Musk’s firm to hold Mumbai demos on Oct 30–31; key step before satellite broadband rollout
Elon Musk-led Starlink is set to conduct demonstration runs in Mumbai on October 30 and 31 to showcase compliance with security and technical conditions for satellite broadband services, according to sources cited by PTI.The demos will be held before law enforcement agencies and are based on the provisional spectrum assigned to Starlink, the sources told…