Saudi Arabia, Once Shunned, Has Corporate Titans Swooning for Deals
Some of the most prominent U.S. executives gathered at the Kennedy Center for an event promoting deal-making with the oil-rich kingdom. Source link
business
Read More
Shutdown fallout: US scraps October inflation and jobs figures after data-gathering halt; gaps cloud Fed’s December decision
File photo (Picture credit: AP) The US government will not release official inflation or jobs figures for October after the record-long shutdown prevented statisticians from gathering essential data, leaving the Federal Reserve without two major indicators ahead of its December policy meeting.The Bureau of Labor Statistics (BLS) confirmed on Friday that the October consumer price…
Tell Us How You Watch TV and Movies
The New York Times wants to learn more about how viewing habits are evolving. Source link
US court enters $1 billion default judgment against Byju Raveendran
File photo: Byju Raveendran (Picture credit: IANS) BENGALURU: The Delaware Bankruptcy Court has entered a default judgment of more than $1.07 billion against Byju Raveendran, after finding that the edtech founder repeatedly failed to comply with court-ordered discovery in the Byju’s Alpha adversary proceeding. A default judgment is a ruling issued when a party does…
Burt Meyer, 99, Dies; Made Lite-Brite and Rock ’Em Sock ’Em Robots
Starting in the 1960s, he collaborated on the designs of classic toys like Mouse Trap, Toss Across and Mr. Machine. Source link
Rupee breaches 89/$ mark, worst 1-day drop since May
MUMBAI: The rupee closed at a record low of 89.49 against the dollar on Friday, slipping past the earlier floor of 88.80 and triggering stop-loss trades as the currency slid 78 paise from its previous close of 88.71, its sharpest fall since May.Offshore rates weakened toward 89.86, as strong dollar demand and portfolio outflows overwhelmed…
What the Jobs Report Tells Us About the Economy
new video loaded: What the Jobs Report Tells Us About the Economy What does the September jobs report, delayed by six weeks because of the government shutdown, say about the economy? Lydia DePillis, our economics reporter, describes how the report, which was better than expected, comes at a moment of deep uncertainty. By Lydia DePillis,…
REITs’ index inclusion in works, says Sebi chairman
NEW DELHI: In a bid to boost liquidity for real estate investment trusts (REIT), Sebi is set to hold discussions with stakeholders to include them in market indices, chairman Tuhin Kanta Pandey said here on Friday. The markets regulator is evaluating more measures to promote ease of doing business for REITs and InvITs (infrastructure investment…
Tyson Foods to Shut Major Beef Facility in Nebraska
The processing plant, in Lexington, employs more than 3,000 workers. It is expected to close in January. Source link
Labour codes to usher in uniformity, clarity
In a landmark move set to reshape India’s labour landscape, govt notified the implementation of all four labour codes, bringing into effect one of the most ambitious labour reforms in the country’s post-independence history. The rollout marks the realisation of “One India, One Law”- a unified labour framework that replaces a century of fragmented statutes…