Apple became the third company in history to reach a $4 trillion market capitalisation, driven by soaring iPhone sales and renewed investor confidence — not by artificial intelligence. Shares of the Cupertino-based company have rallied more than 56% since April, adding about $1.4 trillion in value. Analysts say the comeback reflects not just a strong…
The administration often criticizes journalists, but the treatment of Shirish Dáte, a reporter for HuffPost, stands out. Source link
Paramount Skydance Corporation, the company behind the blockbuster Top Gun: Maverick, has announced plans to cut approximately 2,000 jobs as part of a sweeping restructuring. According to an internal memo sent by CEO David Ellison, the move is intended to streamline the organisation and ensure it remains a strong, future focused company. The first phase…
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
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…
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
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…
Investors have rewarded tech giants for investing heavily in the technology. But bubble concerns are growing. Source link
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…
The job cuts are the result of a merger with Skydance, the Hollywood studio founded by David Ellison. Source link
