US stock markets hovered near record highs on Tuesday as investors weighed mixed earnings and trade policy signals, with General Motors flagging a $4–5 billion tariff hit for 2025, while homebuilders surged on better-than-expected second-quarter profits.The S&P 500 was little changed after reaching a fresh record on Monday. The Dow Jones Industrial Average rose 27…
The technology giant had accused the British mogul, who died last year when his yacht sank, of fraud in the sale of his company in 2011. Source link
Coca-Cola reported a 58% rise in net income to $3.8 billion for the April-June quarter, even as global case volumes fell by 1%, with higher prices helping the beverage giant offset sluggish sales, particularly in Latin America.Revenue for the quarter rose 1% to $12.5 billion, while adjusted revenue stood at $12.6 billion—in line with Wall…
Nearly all of the 31 killed when a Bangladeshi fighter jet crashed were children. Dozens more were being treated in burn centers as the nation declared a day of mourning. Source link
Fintech major One97 Communications, which operates under the Paytm brand, reported its first-ever consolidated net profit of Rs 122.5 crore in the quarter ended June 2025 (Q1 FY26), helped by cost optimisation and a rise in payment revenues, the company said in a statement on Tuesday.The firm had posted a net loss of Rs 840…
Joe Budden, a former rapper who now oversees a robust podcast network, gave a rare look into the finances of the industry. Source link
British pharmaceutical giant AstraZeneca on Tuesday announced plans to invest $50 billion in the United States, including the construction of a multi-billion-dollar manufacturing facility in Virginia—its largest-ever single manufacturing investment—amid rising pressure from the Trump administration’s tariff push.The company said it expects 50% of its total revenue to come from the US by 2030, underlining…
General Motors was the second auto company this week, after Stellantis, to show the toll that President Trump’s trade policies are taking on the industry. Source link
AI-generated image used for representation NEW DELHI: Ahead of Prime Minister Narendra Modi’s visit to the United Kingdom, foreign secretary Vikram Misri on Tuesday addressed questions about growing Western pressure on India over buying Russian oil. He made it clear that India’s energy needs come first.Misri said, “…We have been very clear that insofar as…
Dave Jorgenson is starting his own video company that explains the news, with a twist. Think Jon Stewart meets Ron Burgundy. Source link
