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JP Morgan chief Jamie Dimon warns US recession 'not off the table' yet

Dimon said economic indicators have been distorted by Covid-19 and he takes them with "a grain of salt," saying the Fed should wait for more clarity before lowering interest rates

Boeing whistleblower who raised concerns on production standards found dead

John Barnett, who worked at Boeing for 32 years until his retirement in 2017, died March 9 from a self-inflicted wound, the BBC said

US inflation tops Feb forecasts, reinforcing Fed's cautious approach

The so-called core consumer price index, which excludes food and energy costs, increased 0.4% from January, according to government data out Tuesday. From a year ago, it advanced 3.8%

India embraces trade deals as cos look beyond China for alternatives

Prime Minister Narendra Modi's government is taking advantage of India's growing appeal as the world's fastest-growing major economy and an alternative to China for global supply chains

India's biggest stock winner Tata Investment has no analyst coverage

Tata Investment Corp. has soared 116 per cent so far in 2024, the most among the Nifty 500 Index companies that represent more than 94 per cent of India's market capitalisation

Oscars 2024 draws largest TV audience since 2020 with 19.5 million viewers

Oscar viewership has withered in recent years due to cord cutting and a focus at the ceremony on small, art-house films. Last year's show, in which Everything Everywhere All at Once won best picture

Murdoch's News Corp, Daily Mail owner eye Telegraph's potential takeover

The fate of the Telegraph's ownership has been up in the air for months. RedBird IMI - a joint venture between a New York investment firm and a UAE-backed media investment vehicle

OpenAI slams Elon Musk, calls his claims 'incoherent' in court filing

In the filing, OpenAI stresses that it did not violate its agreement with Musk because "there is no founding agreement, or any agreement at all with Musk, as the complaint itself makes clear"

Pakistan PM Sharif picks Ex-JPMorgan banker Aurangzeb as finance minister

Aurangzeb was chosen over other possible candidates, including longtime Sharif ally Ishaq Dar and ex-central bank governor Shamshad Akhtar

Biden warns Netanyahu not to attack Rafah as Ramadan festivities begin

The US hoped for a breakthrough before Islam's holy month, which began after sundown on Sunday

British American Tobacco to sell ITC stock worth $2-3 bn this week: Report

London-listed BAT has been speaking with Bank of America Corp. and Citigroup Inc. about a potential divestment of around $2 billion to $3 billion in ITC stock through block trades, the people said

Sebi may review rule for mutual funds targeting overheated small caps

Sebi will review its rule that mandates small- and mid-cap funds to invest at least 65% of their assets in such stocks if fund managers find it is "restraining risk management

IndiGo co-founder Gangwal raises $820 mn in largest block sale since 2019

It's the fourth time within two years that the co-founder has tapped investors through a block sale of IndiGo shares, according to data compiled by Bloomberg

Delta CEO expects Boeing 737 Max 10 deliveries to be delayed until 2027

Delta has orders for 100 Max 10 planes and options to purchase 30 more, and had expected to begin receiving the planes next year

US opens criminal investigation into Boeing 737 Max midair blowout in Jan

"In an event like this, it's normal for the DOJ to be conducting an investigation," Alaska Airlines said Saturday in a statement. "We are fully cooperating and do not believe we are a target"

Dubai's traditional gold shops take a hit as record prices deter buyers

The most affected were the gold brick shops, with workers at three locations saying sales are down by half

US polls 2024: Biden, Trump clash in dueling visits to swing-state Georgia

While Trump has targeted those border issues and economic malaise on the campaign trail, Biden has sought to reassure voters that his policies have revived the post-pandemic economy

Slow US inflation retreat to bolster Fed Reserve's patience over rate cuts

Away from inflation, there are scant signs of stress in the economy. The latest jobs report pointed to moderating yet healthy employment growth that will keep consumer spending afloat.

Bitcoin miners are devouring electricity at record pace during crypto rally

Since February 2023, 13 of the top mining companies have placed orders for over $1 billion worth of specialized computers, according to data compiled by TheMinerMag based on public filings

United Airlines' plane veers off runway in third Boeing mishap of the week

The 21-year-old aircraft was also a 737 - but an earlier version than the Max, according to FlightRadar24