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Apple renames Gulf of Mexico to Gulf of America on Maps after Trump's order

The change comes after the US government updated its official map to reflect the new name. Alphabet Inc.'s Google made a similar update to its Google Maps app earlier this week

President Trump directs federal job cuts as Musk defends downsizing

Agencies will be permitted to hire no more than one employee for every four workers leaving the government, the document said

Elon Musk's bid to control OpenAI complicates for-profit transition

Musk, who has since launched a rival AI firm, has fired off angry posts about Altman on his social media platform, filed two lawsuits against the company for straying from its founding principles

US, UK refuse to sign AI summit communique calling for 'global governance'

In a speech before the communique was released, Vice President JD Vance argued strongly against the European Union's tough regulatory approach to social-media platforms and AI

Google, SoftBank back quantum computing startup QuEra in $230 million deal

QuEra Interim Chief Executive Officer Andy Ory said the latest funding round came together quickly - "in a matter of weeks" - after the startup cleared a series of technical challenges

Bajaj Group likely to make an investment of Rs 10,000 cr for hospital chain

Bajaj's move coincides with growth in Indian health care as the nation's wealth and insurance coverage increases and the number of people reaching retirement age accelerates

PM Modi's gas goals hampered by country's $67 billion infrastructure gap

India aims to more than double the share of gas in its energy mix to 15 per cent by 2030, but for about a decade the share has remained static at less than half that level

NTPC eyes expansion, in talks with foreign firms for nuclear buildout

Prime Minister Narendra Modi's government is seeking to revive interest in India's nuclear power potential, promising easier regulations for suppliers and more than $2 billion of public resources

Avendus Capital attracts domestic insurers hunting for private funds

Avendus Capital, the investment bank, which is backed by KKR & Co, is raising as much as Rs 3,000 crore ($343 million) for its Future Leaders Fund III

Trump's plan to ditch the penny comes with a twist, it may not save much

The penny, a staple of US currency since since 1793, costs more than 3 cents to make, costing the government a net loss of $85 million, per the US Mint's 2024 annual report

Meta starts eliminating jobs in shift to find AI talent to dominate race

Meta workers who were let go were notified via email, and the company is offering US-based employees severance packages that include 16 weeks of salary, in addition two weeks for each year of service

Morgan Stanley sets $3 billion X loan to tap into Elon Musk mania

The sales mark a surprising turnaround for what had initially been seen as an ill-fated financing of Musk's 2022 takeover of Twitter Inc., as the site was then called

SoftBank chief Son explores debt-heavy financing for $500 billion AI push

The Japanese billionaire is looking at a technique called project financing that is sometimes linked with oil and gas projects, according to people familiar with the matter

Australian PM Albanese gets Prez Trump to consider exemption on tariffs

Albanese, who must hold an election by May 17, has been under intense pressure from local lawmakers and executives to secure tariff exemptions for Australia's steel and aluminum exports to the US

Two private jets crash at Arizona airport; 1 dead, several others injured

Scottsdale Fire Captain Dave Folio told reporters that at least five people were involved in the crash. Two were transported to hospital trauma centers, while another remains in stable condition

Donald Trump says Palestinians won't have right of return in Gaza plan

Trump's Gaza plans are expected to be among the topics when Jordan's King Abdullah II holds a scheduled meeting with him in Washington on Tuesday

LNG buyers including IOC negotiate US deals ahead of PM Modi-Trump summit

India's buyers will hold meetings with suppliers over the next few days, during the India Energy Week conference in Delhi

Goldman Sachs sees Trump immigration moves shaving US economic growth

The analysts see net immigration to the US plummeting to 750,000 a year, shaving 30-40 basis points (0.3-0.4 percentage points) off potential gross domestic product growth this year

Indian stock market braces for over $4 billion of expiring IPO lockups

Lockups on FirstCry operator BrainBees Solutions Ltd., Ceigall India Ltd., Ola Electric Mobility Ltd. and Unicommerce eSolutions Ltd. end today

DeepSeek sparks hope for renaissance in China's technology megacaps

Market watchers are increasingly touting how the AI model will be a game changer for Chinese tech companies and their stocks