Page 196 - Bloomberg

Tesla sells $783 million of prime auto lease-backed debt to investors

Tesla's latest deal comes from its active lease platform, and is made up of more than 26,000 leases with borrowers holding a weighted average FICO credit score of 764, according to deal documents

Name that showed possibilities, Ratan Tata's vision should still be India's

Ratan Tata's own instincts seemed to have nudged him in a different direction, while he never gave up on manufacturing, he always believed that Indian companies should be global

Amazon adds Apple TV+ to US channels store, offering popular shows

Apple will begin selling TV+ subscriptions through Prime later this month, Mike Hopkins, senior vice president of Amazon Prime Video said

Donald Trump vows to eliminate income taxes on Americans living abroad

No-taxes-on-Americans-abroad pledge is the latest in a series of Trump plans to cut personal tax bills, he's also floated exempting tipped wages, overtime pay and Social Security benefits from taxes

Looming Israeli strike on Iran brings fresh test for US ceasefire attempts

While Israel, with US and UK help, knocked down almost all incoming missiles and drones in an attack in April, this time many of Iran's ballistic missiles hit close to their targets

How climate change contributes to dangers, influences paths of hurricanes

Scientists have linked high ocean temperatures to the rapid intensification of hurricanes- Milton's wind speed increased 95 miles per hour in a single day

Apple's Dan Riccio, key executive in both Steve Jobs, Cook eras, to retire

Riccio's exit marks one of the most significant departures from Apple's management team- though it's been in the making for quite some time now

Chinese stocks suffer biggest drop since 2020 on stimulus skepticism

The CSI 300 Index plunged 7.1 per cent, erasing its advance from Tuesday, when mainland markets reopened after the Golden Week holidays

'Reasoning' AI will depend on cheaper computing, says Nvidia CEO Huang

Nvidia will set the stage for these advances by boosting its chip performance every year by two to three times, at the same level of cost and energy consumption, Huang said

Byju's founder denies fraud, says missing funds used for legitimate purpose

The company got the $1.2 billion loan nearly three years ago as it planned to use most of the proceeds on an international expansion, Raveendran claimed

Jindal abandons oil venture with Venezuela's crude producer PDVSA: Report

Jindal is exiting the deal under which it would have overseen one of Petroleos de Venezuela's key installations for producing and processing heavy-crude oil for export

Standard Chartered India CEO Zarin Daruwala to retire in April 2025

Daruwala, who is one of the two female heads of large foreign banks in the country, joined the lender in 2016 as CEO for India

RBI eases its hawkish stance, index addition to extend market bond rally

Indian bonds handed investors a gain of more than 8 per cent this year, thanks to about $16 billion of foreign inflows

Global emissions likely have peaked as renewable sources take hold

The cost of deploying solar panels and battery technology is due to drop by 19 per cent by 2030, helping deliver record amounts of low carbon power

OpenAI fires back at Elon Musk over 'altruism versus greed' lawsuit

Not quite two months after he abandoned his first suit against OpenAI, Musk filed a complaint in August claiming that co-founders Sam Altman and Greg Brockman manipulated him

Citi pushes back on NY's online fraud lawsuit, says we're not 'bad guys'

New York's lawsuit comes as consumers are losing billions to financial fraud to scammers using more advanced tools

Obesity medicines would cost US medicare $35 billion through 2034

Expanding coverage of weight-loss drugs like blockbusters from Eli Lilly & Co. and Novo Nordisk A/S would make 12.5 million more people in the US program eligible

Kamala Harris seizes on claims that Trump sent Putin Covid testing devices

The vice president said people were scrambling to get these kits during the pandemic

Boeing at risk of junk rating with S&P amid ongoing strike by workers

The credit grader estimated that Boeing will burn through about $10 billion of cash in 2024.

Byju's affiliate drained cash from US units, violating bankruptcy rules

Money that should be used to repay creditors was instead siphoned off to Whitehat Education Technology, a court-approved trustee for the affiliates said in court papers