Business & Finance news
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- Microsoft Offers Largest Buyout Amid Employee Letter Criticizing AI Push
· Business & Finance
Microsoft offers voluntary exit to 60,000 employees, largest in history, amid letter from workers criticizing AI focus.
- Mumbai Woman Wins ₹9.6 Lakh After Winning Wakefit’s 60‑Day Sleep Contest
· Business & Finance
Jiniya Chatterjee of Mumbai was announced the grand prize winner of the fifth season of Wakefit’s Sleep Internship, a 60‑day contest that combined sleep…
- Five‑Year‑Old From Attleboro Turns Family Garden Cucumbers Into Pickle Stand, Sells Over 500 Jars
· Business & Finance
Five‑year‑old Donovan Atkinson from Attleboro sells over 500 homemade pickle jars at a roadside stand, learning money handling and public speaking.
- Oracle Caps AI Financing at $20 Billion Through 2030, Targets Positive Cash Flow by 2028
· Business & Finance
Oracle limits AI project financing to $20B through fiscal 2030 and targets free cash flow to turn positive in the second half of fiscal 2028.
- Gold and Silver End Week on Gains, Face Uncertain Week Ahead
· Business & Finance
Gold and silver rose in domestic and global markets, but next week faces pressure from upcoming inflation data, oil moves, and US‑Iran tensions.
- Bezos Shares Buffett’s Insight on Why Investors Avoid Long‑Term Strategy
· Business & Finance
Jeff Bezos cites Warren Buffett’s simple long‑term strategy, emphasizing a seven‑year horizon and compounding, as a key to outpacing short‑term investors.
- Google Executive Donald Harrison Resigns From SpaceX Board
· Business & Finance
Google exec Donald Harrison steps down from SpaceX board effective Nov 4, 2026, citing conflicts of interest. Alphabet remains a major investor.
- Labubu Craze Wanes as Pop Mart Sees Sharp Sales Decline
· Business & Finance
For years, Labubu dolls were a relentless hit. Collectors of all ages eagerly bought "blind boxes"—sealed mystery packages containing the quirky…
- ICICI Prudential CIO Highlights Asset Allocation as Key to Navigating Market Volatility
· Business & Finance
Sankaran Naren, Executive Director and Chief Investment Officer of ICICI Prudential Asset Management Company, explained on October 27 to The Indian…
- Amazon Prime Refunds Up to $200 for U.S. Customers Who Signed Up Between 2019 and 2025
· Business & Finance
U.S. Amazon Prime members who signed up 23 Jun 2019‑23 Jun 2025 may receive up to $200 in refunds under the FTC settlement, paid via PayPal, Venmo or cheque.
- Mediagarh Awards Four Employees New Cars for Diwali
· Business & Finance
Four employees of Jodhpur‑based education marketing agency Mediagarh received brand‑new cars as part of the company’s Diwali celebrations. The gifts…
- DAX 40 Drops 0.45% to 25,864.62 Amid Iran Strike Reports and Software Weakness
· Business & Finance
The DAX 40 slipped 0.45% to 25,864.62 on Tuesday as oil prices rose after U.S. strikes on Iran, software stocks fell, and bond yields climbed.
- From Cancelled Order to Millions of Meals: New York Food Venture Expands Nationwide
· Business & Finance
The Migrant Kitchen, founded in 2020, donated 4 million meals, now serving thousands daily across NYC and Philadelphia with an immigrant workforce.
- S&P 500 Extends Friday Sell‑Off, Faces Possible Consolidation
· Business & Finance
The S&P 500 closed 0.51% lower on Monday, extending Friday’s sell‑off but rebounding from a local low of about 7,540. The index is expected to open 0.1%…
- Patrick Mahomes’ Westlake Texas Home Climbs to $5.5 Million After Four Years
· Business & Finance
Patrick Mahomes bought a 7,800‑sq‑ft Westlake mansion for $3.37 M in 2020. Its current estimate is $5.5 M, a $2.13 M gain, but no sale has occurred.
- Zuckerberg and Chan Promise to Donate 99% of Meta Shares in Letter to Daughter
· Business & Finance
In 2015, Zuckerberg and Chan pledged 99% of their Meta shares (~$45B) to their daughter Maxima, launching the Chan Zuckerberg Initiative.
- Kellogg’s Says New Rice Krispies Recipe May Reduce Signature Sound
· Business & Finance
Kellogg’s new Rice Krispies recipe uses corn and rice flour, may make the snap‑crackle‑pop sound quieter. UK change due to weather‑driven grain shortages.
- Michael Dell Invests $406 Million in SK Group Shares to Aid Chairman’s Divorce Settlement
· Business & Finance
Michael Dell is investing 544 billion won ($406 million) in SK Group by purchasing a 1.34 % stake in SK Inc. from chairman Chey Tae‑won. The transaction…
- Hyderabad‑born Investor Watsa Set to Acquire Majority Stake in IDBI Bank for ₹52,878 Crore
· Business & Finance
Prem Watsa, Hyderabad native, plans to buy 60.72% stake in IDBI Bank for ₹52,878 crore, acquiring shares from the government and LIC.
- Poundland Owners Face Meeting with Business Secretary Amid Insolvency Threat
· Business & Finance
Business Secretary Jonathan Reynolds meets Poundland owners as the discount chain faces insolvency, with 12,000 jobs at risk.
- GST Collections Hit Second‑Highest Monthly Record as ATF Prices Rise, US Midterms Shift Power to Democrats
· Business & Finance
In October, India’s goods and services tax (GST) collections reached ₹2.31 trillion, the second‑highest monthly figure on record after ₹2.43 trillion in…
- Regis Resources Halts Operations at Duketon South Mine After Contractor Fatality
· Business & Finance
Regis Resources has suspended operations at its Duketon South gold mine after a contractor was fatally injured. Police and WorkSafe are investigating.
- Gold Price Drop Fuels Dhanteras Jewellery Sales and Vehicle Deliveries
· Business & Finance
Gold price dip boosts jewellery sales, with Senco Gold reporting 25% jump and Maruti Suzuki targeting 30,000 vehicle deliveries on Dhanteras.
- Air Canada 767 Glides to Safe Landing on Race Track After Fuel Miscalculation
· Business & Finance
In 1983, an Air Canada 767 ran out of fuel due to a conversion error, glided onto a former RCAF runway now a dragstrip, and landed safely with all 69 aboard.
- Goldman Sachs Restricts AI Coding Tools to Engineers and Strats
· Business & Finance
Goldman Sachs limits AI coding tools to engineers and strats, cutting traders' access after internal review of productivity and risk.
- Gujarat Energy Secures 4‑Million‑Tonne LNG Deal with ADNOC’s XRG
· Business & Finance
Gujarat Energy announced on Friday that it has signed a long‑term sales and purchase agreement with Abu Dhabi National Oil Company (ADNOC) to procure up…
- Festive Food Costs Surge as Dairy, Dry‑Fruit Prices Rise
· Business & Finance
Amul, Nandini, Aavin raise ghee, butter, paneer prices; pistachios up 60‑70%; sweets and hampers cost 15% higher, affecting corporate gifting.
- Georgia O’Keeffe Painting Discovered After 40 Years, Set for $2‑3 Million Auction
· Business & Finance
Georgia O’Keeffe’s 1930 oil, 'Near Abiquiu, New Mexico I', hidden for 40 years, is up for auction at Christie’s with a $2‑3 million estimate.
- Wipro, Rockwell, Lohum Among 12 Companies Approved for Electronics Component Manufacturing Scheme
· Business & Finance
MeitY approves 12 projects for local battery and PCB component manufacturing, totaling ₹7,503 crore, with incentives for production start.
- Musk Accuses SoftBank of Failing to Pay for Turbine Orders Amid Stargate Project Tensions
· Business & Finance
Elon Musk accuses SoftBank of defaulting on turbine orders amid Stargate AI data‑center tensions, citing funding gaps and a $500 billion project.