Page 26 - Bloomberg/reuters

Wall Street drops fear of 'hot commie summer' in overture to Zohran Mamdani

Mamdani used the Wall Street derision channeled in his direction as the perfect foil, Kronfeld said

Amazon sues to stop Perplexity from using AI tool from purchasing stuff

The US online retailer filed a lawsuit Tuesday demanding Perplexity stop allowing its AI browser agent, Comet, to make purchases online for users

7 dead after UPS cargo jet crashes in Kentucky, toll expected to rise

Video circulating on social media showed the Honolulu-bound McDonnell Douglas MD-11 struggling to get airborne, with one of its engines on fire, before exploding in a fireball

Supreme Court confronts Trump's sweeping power over global economy

In a high-stakes legal showdown, the Supreme Court will consider arguments that Trump exceeded his constitutional authority with many of the sweeping tariffs he has imposed

Cornell eyes $1 billion bond sale amid Trump's higher education squeeze

The Ivy League university expects to price the bonds as soon as Nov 17 and plans to use the proceeds for general corporate purposes

UK enlists 60 big employers in drive to improve occupational healthcare

Aviva, Phoenix, EY and Google are among more than 60 large businesses taking part in a trial that aims to establish the best ways to cut sickness absence and improve return-to-work rates

Why the US economy might benefit from abandoning clean energy goals

By selling more fossil fuels and avoiding the expense of meeting green regulations, the US would see its GDP grow by about 1% more than it would have had it continued the clean energy transition

Rachel Reeves signals possible UK tax hikes ahead of November budget

In a pre-budget speech in Downing Street carried on national broadcasters, Reeves argued she would prioritize bringing down borrowing costs and inflation

Russia's crude exports tumble as US sanctions hit key Asian buyers

Russian exporters are continuing to load crude onto tankers, but refiners are less willing to take the cargoes into their storage tanks

US steps up investment in rare-earth firms to curb reliance on China

The announcements are the latest in a string of actions taken by the federal government to invest directly in the supply chain of permanent magnet production, an industry dominated by China

India may cancel stalled green power projects struggling to find clients

While the move could free up grid capacity struggling to keep up with India's rapid renewable rollout, it would be a major setback for the green ambitions of the world's third-highest emitter

Most donors to Trump ballroom project have federal contracts: Report

Sixteen of the 24 donors have received federal contracts with the cumulative sum totaling $279 billion over the past five years, according to the study by Public Citizen

Boyu Capital seeks around $1.4 billion loan for Starbucks China takeover

Starbucks announced on Tuesday that it will sell a majority stake in its China retail operations, which are valued at $4 billion

With over a billion users, India may be the world's biggest AI opportunity

OpenAI, Google and Perplexity are rolling out free access to paid AI tiers in India, including ChatGPT Go, Gemini Pro for Jio users, and Perplexity Pro for Airtel subscribers

UK still in talks with Trump to lift steel, whiskey tariffs: British envoy

In September, the UK and the US signed the Tech Prosperity Deal to deepen collaboration in key technology areas including AI, quantum computing and nuclear energy

Lenskart's $821 mn IPO price sparks concern over Indian startup valuations

DSP Asset Managers Pvt. over the weekend publicly defended its anchor investment in Lenskart after facing social media criticism over the IPO's valuation

India's festival spending jumps to $68 bn after GST cuts as demand rises

Spending between Sept 22 and Oct 21 - the period between the Hindu festivals of Navratri and Diwali - increased 8.5 per cent from the same time last year

As China ages, inheritance transfers give rise to family disputes

With the Chinese society aging and the slowing economy, the middle class is starting to argue over money as well, tearing apart long-held social norms such as family harmony and filial duty

Pressure and burnout shadow Xiaomi's rapid pivot from smartphones to EVs

In April, Chinese media reported that Xiaomi was requiring employees to work at least 11.5 hours a day, and those who worked less than eight hours were told to submit a formal explanation

Russian crude finds fewer takers in China after hit from sanctions

State-owned giants such as Sinopec and PetroChina Co. are staying on the sidelines, having canceled some Russian cargoes in the wake of US sanctions on Rosneft PJSC and Lukoil PJSC last month