Apple Just Closed Its First Unionized U.S. Store
The company said it had shuttered a Maryland location because of “declining conditions” in a surrounding mall. The union accuses Apple of retaliation. Source link
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India–US trade deal may be signed before July 24: What’s done and remaining for agreement
India and the United States might just be a month away from finalising a trade deal! The two sides entered fresh rounds of negotiations after Washington held high-level trade discussions in New Delhi on Tuesday aimed at revisiting and recalibrating the proposed bilateral agreement, following recent changes in US tariff policy that disrupted the earlier…
SpaceX Stock Price Is Slumping After Its Blockbuster IPO
On Tuesday, SpaceX briefly fell below $150 a share, which is where the stock first began trading when the company listed publicly just over a week ago. Source link
Iran rushes to sell oil to India after Trump sanctions waiver – all you need to know
Iran hopes to make the most of the temporary reprieve that could allow it to restart exports. (AI image) With the Donald Trump administration announcing a 60-day waiver for Iran’s petroleum products, Tehran is reportedly rushing to sell oil to some of Asia’s biggest crude buyers, including India.For years, sanctions restrictions forced Iran to direct…
Teamsters Make a Bid to End Federal Oversight, With Trump’s Backing
Sean M. O’Brien, re-elected to a second term leading the union, has used a relationship with President Trump to end court-ordered corruption monitoring. Source link
All roads still lead to the Middle East: Why India’s energy pipeline runs through the Gulf
AI generated image, used only for representational purpose The Hormuz crisis, which disrupted global energy flows for more than 100 days, has raised questions over India’s ability to diversify fuel supplies beyond the Strait and the Middle East. India’s energy sector is closely monitoring the situation, with the Middle East continuing to remain the country’s…
Ferraris and Shell Companies: Five Charged in Medicare Fraud Schemes
The Justice Department is taking aim at pricey “skin substitutes,” an overused wound care treatment that cost the government $10 billion in 2024. Source link
Wall Street today: US stocks slide as IT sell-off deepens, Nasdaq trims over 2%, Dow Jones falls 730 points
Wall Street began the day on a weak note on Tuesday with benchmark indices plunging in red. The stocks came under heavy pressure as the broad sell-off in technology shares deepened, with the Nasdaq Composite falling more than 2% in early trading and futures signalling further declines ahead of the opening bell.Around 7:30 pm IST,…
The Tech Sell-off Goes Global
Investors are bracing for rough trading after stocks in Asia and Europe were clobbered on Tuesday. A.I. companies like SpaceX are getting hit hard. Source link
FOMO about US stock market? How Indians can invest – routes, benefits, risks & tax implications explained
The attraction of US equities extends well beyond a handful of technology companies. (AI image) A few weeks ago SpaceX’s listing on the US stock market made Elon Musk the world’s first trillionaire. The US stock market remains the biggest in the world, with several of its companies having over trillion dollar valuations. In fact,…