Palantir, the Market’s Most Valuable Military Contractor, Doesn’t Make Bombs or Guns
Palantir is a software company, and its national security work has driven its stock price to remarkable heights. Source link
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Warren Buffett’s market move: Berkshire takes $4.3 billion stake in Google parent Alphabet; scales back Apple holding
Berkshire Hathaway has unveiled a new multibillion-dollar investment in Alphabet while continuing to scale back its long-running position in Apple, marking the final update of its portfolio before Warren Buffett steps down after 60 years as the chief executive. In a filing submitted to the US Securities and Exchange Commission on Friday, the company reported…
Anthropic Says Its A.I. Agents Aided Chinese Hacking
Anthropic, the artificial intelligence start-up, said that Chinese state-sponsored hackers used its tools in a widespread attack. Source link
Bank holiday today: Are banks open or closed on November 15? Check details
Will banks remain open today or closed today?Many banking customers are unsure about operations today because 15 November falls on a Saturday, which is commonly assumed to be a bank holiday. The confusion left a large number of people wondering if they should complete their banking work over the weekend or postpone it to a…
RedBird Capital Withdraws Takeover Bid for UK’s Telegraph
The exit by RedBird Capital Partners comes months after it agreed to buy control of the media company in a deal that valued it at $658 million. Source link
Disney and YouTube TV End Blackout
After a 15-day standoff, a deal cleared the way for YouTube TV to resume carrying ESPN, ABC and other Disney-owned channels. Source link
WPI slide: Inflation falls to -1.21% in October; food prices see steep deflation
Wholesale inflation eased sharply to a 27-month low in October, slipping to (-)1.21% on the back of deep deflation in food items and softer prices across fuel and manufactured goods, according to official data released on Friday. The Wholesale Price Index (WPI) had inched up 0.13% in September and stood at 2.75% a year earlier.The…
JPMorgan Had to Pay for Charlie Javice’s Legal Fees — and Her Restaurant Bills
When prosecutors accused Charlie Javice of fraud, JPMorgan was forced to pay for her defense. The bank is not happy about her “shocking” spending. Source link
Flipkart cuts seller fees to take on Meesho
MUMBAI: Walmart-owned Flipkart will no longer charge any commission to sellers for products priced within Rs 1,000, which covers a broad selection of the product listings on the platform. In a move that analysts say has been taken to fend off competition from value commerce player Meesho, Flipkart will also not charge commission for any…
Trump Administration Scraps Cash Payments for Delayed or Canceled Flights
A Biden-era rule, now halted, would have forced airlines to pay passengers up to $775 in cash for significant flight disruptions. Source link