Page 18 - Usa

US mass shooting: 22 dead in Maine; killer still at large

Police in Maine are pursuing a suspect in a mass shooting that has left at least 22 people dead in a pair of incidents in the city of Lewiston. Watch the video to know more.

H-1B visa: What will change, what won't

The US has unveiled a proposal promising a transformative shift in the H-1B visa lottery system. Watch the video for the details >

Global stances: Nations backing Israel vs Hamas in the conflict

As the conflict rages between Israel and Palestinian group Hamas, countries around the world have come in solidarity with Israel while many others have backed the Palestinian armed group. >

The Biden govt could shut down on October 1: Here's all you need to know

The US Congress is at a crossroads days before a disruptive federal shutdown that would halt paychecks for many of the federal government's roughly 2 million employees

Asian Paints co-founder & non-executive director Ashwin Dani passes away

Dani embarked on his career in 1967 as a Development Chemist with Inmont Corp, now known as BASF, an industrial coatings manufacturer based in Detroit, USA

US weekly jobless claims at 8 month low, unemployment numbers falling

Demand for labor is slowing, overall labor market conditions have remained tight despite higher interest rates

Why Vivek Ramaswamy wants to 'gut' H-1B visa lottery

On 17th September, Republican presidential aspirant Vivek Ramaswamy made a bold statement on the H-1B visa programme. Watch the video to know why Ramaswamy wants to 'gut' H-1B visa lottery >

US CPI gauge accelerates 1st time in 6 months, making room for fed hike

The so-called core consumer price index, which excludes food and energy costs, advanced 0.3% from July, the first acceleration in six months, Bureau of Labor Statistics data showed Wednesday

Binance US CEO departs as crypto company cuts third of its workforce

The CEO of Binance's US affiliate has departed the crypto trading platform amid another round of job cuts. Binance US CEO Brian Shroder is no longer with the company, a spokesperson confirmed to The Associated Press Wednesday. The cryptocurrency exchange did not specify when or why Shroder departed, but said that chief legal officer Norman Reed is now serving as interim CEO. Shroder joined the Binance.US as president in September 2021 and was named CEO the following month. Shroder's departure coincides with the elimination of about one-third of Binance.US's workforce, with layoffs impacting more than 100 employees. The actions we are taking provide Binance.US with more than seven years of financial runway and enable us to continue to serve our customers while we operate as a crypto-only exchange," the spokesperson said in a statement. Binance.US also pointed to action taken by the US Securities and Exchange Commission earlier this year, arguing that the agency's aggressive attemp

US again standing at brink of total shutdown, Americans feel the bite

Months after averting it, the US is again standing at the brink of total shutdown, if Congress - struggling with the dispute between Democrats and Republicans

Top US House Republican McCarthy calls for Biden impeachment inquiry

Many in McCarthy's party were infuriated when the House, then controlled by Democrats, twice impeached Republican President Donald Trump - in 2019 and 2021 - though he was acquitted both times

Google's search dominance challenged in biggest antitrust trial in decades

Google will confront a threat to its dominant search engine beginning Tuesday when federal regulators launch an attempt to dismantle its internet empire in the biggest US antitrust trial in a quarter century. Over the next 10 weeks, federal lawyers and state attorneys general will try to prove Google rigged the market in its favour by locking its search engine in as the default choice in a plethora of places and devices. US District Judge Amit Mehta likely won't issue a ruling until early next year. If he decides Google broke the law, another trial will decide what steps should be taken to rein in the Mountain View, California-based company. Top executives at Google and its corporate parent Alphabet Inc, as well as those from other powerful technology companies are expected to testify. Among them is likely to be Alphabet CEO Sundar Pichai, who succeeded Google co-founder Larry Page four years ago. Court documents also suggest that Eddy Cue, a high ranking Apple executive, might be .

Removing duties on US apples, walnuts not to impact local producers

The government on Tuesday said that the removal of additional retaliatory duties on imports of US apples, walnuts and almonds will not result in any negative impact on domestic producers. Additional Secretary in the Department of Commerce Peeyush Kumar said the Most Favoured Nation duty of 50 per cent and 100 per cent continues to be applicable on US apples and walnuts as only additional 20 per cent duty is removed. There is no reduction on the Most Favoured Nation (MFN) duty on apples, walnuts and almonds, which still applies to all imported products, including US-origin products, he added. "This measure will not result in any negative impact on domestic apple, walnut and almond producers. Rather, it will result in competition in the premium market segment of apples, walnuts and almonds, thereby ensuring better quality at competitive prices for our Indian consumers," he told reporters here. The market share of the US apples dwindled as other countries benefited from the imposition

Retail unit sale propels Citi India FY23 net profit to Rs 13,614 crore

American lender Citi's FY23 net profit from India operations zoomed to Rs 13,614 crore on the back of the retail unit's sale to Axis Bank. Excluding the Rs 8,914 crore one-time gain of the unit, the lender reported a net profit of Rs 4,700 crore, which was a 26 per cent growth over the Rs 3,727 crore it reported for FY22. Its revenue net of interest expense grew 16 per cent, a Citi statement said on Tuesday, without disclosing the exact figure. The net interest margin expanded to 5.15 per cent during the reporting fiscal, as against 4.65 per cent in the previous fiscal, proving to be an important driver of profit growth, it said. On the asset quality front, the bank reported an improvement with the gross non-performing assets ratio coming down to 0.41 per cent as against 1.07 per cent in the year-ago period. Citi concluded the sale of its consumer banking business to Axis Bank during the fiscal in a Rs 11,603-crore deal. Citi said in the statement that the gain of Rs 8,914 crore i

Tata Power Delhi Distribution ties with Utiltyx to ensure cyber security

Tata Power Delhi Distribution on Tuesday announced its strategic partnership with Utiltyx, the Indian arm of the US-based cyber security and data analytics software company. The partnership aims to enhance the company's preparedness against future threats and challenges related to cyber security, a company statement said. The association is aimed at augmenting IED (Intelligent Electronic Device) visibility, adding strengths to the capabilities of Tata Power-DDL to fight cyber threats and providing credible & real-time analytics for its distribution grid, thereby preparing the power distribution infrastructure for future threats and growth, the statement said. This assumes significance in view of threats of trojan malware on India's power supply system especially from some of the neighbouring nations. There have been reportedly certain instances of cyber attacks on India's power supply systems in different pockets. The company stated that this collaboration marks a significant ...

Google's dominance of search faces major challenge with US regulators

The US government is taking aim at what has been an indomitable empire: Google's ubiquitous search engine that has become the internet's main gateway. The legal attack will swing into full force Tuesday in a Washington DC federal courtroom that will serve as the battleground for the biggest US antitrust trial since regulators went after Microsoft and its dominance of personal computer software a quarter century ago. The 10-week trial before US District Judge Amit Mehta is expected to include potentially revelatory testimony from top executives at Google and its corporate parent Alphabet, as well as other powerful technology companies. Alphabet CEO Sundar Pichai, who succeeded Google co-founder Larry Page in 2019, will be among the most prominent witnesses likely to testify. Court documents also indicate one of Apple's highest-ranking executives, Eddy Cue, might be called to the stand. The case against Google mirrors the one brought against Microsoft in many ways, including the ...

Walt Disney, Charter Communications near distribution deal: Report

Charter, one of the biggest cable companies in the United States, has been locked in a distribution battle with Walt Disney over how much its channels are worth and how to package them

Railways-related stocks in limelight, IRCON International zooms 20%

Railways-related stocks jumped on Monday after India along with the US and several major economies announced an ambitious India-Middle East-Europe Economic Corridor. The stock of IRCON International Ltd zoomed 19.97 per cent, Rail Vikas Nigam Ltd jumped 16.40 per cent, Indian Railway Finance Corporation Ltd advanced 9.98 per cent and NCC Limited climbed 3.77 per cent on the ... The 30-share BSE Sensex regained the 67,000 level. The benchmark jumped 528.17 points or 0.79 per cent to settle at 67,127.08. During the day, it rallied 573.22 points or 0.86 per cent to 67,172.13. The Nifty ended 176.40 points or 0.89 per cent higher at 19,996.35. During the day, it hit an all-time high of 20,008.15, up 188.2 points or 0.94 per cent. "Nifty cheered the huge success of the G20 summit by crossing the 20k mark during the day, as it would help India emerge as a superpower and would strengthen its position in the global arena. Various successful deals were struck in the summit, including in the

India-US partnership rooted in Mahatma's principle of trusteeship: Biden

President Joe Biden on Sunday hailed the partnership between India and the US, saying it is rooted in Mahatma Gandhi's principle of trusteeship that is shared between the two countries. President Biden and other G20 leaders paid tributes to Mahatma Gandhi at his memorial Rajghat in New Delhi on Sunday. "The partnership between India and the United States is rooted in Mahatma Gandhi's principal of trusteeship trusteeship that is shared between our countries and for our shared planet. Thank you, Prime Minister for bringing us here today (sic), Biden said in a post on platform X. Biden, who is currently in Hanoi, Vietnam on an official visit, also posted a picture of him and the G20 leaders paying tributes to Mahatma Gandhi at his memorial. At the memorial, Prime Minister Narendra Modi welcomed Biden and G20 leaders with an 'angvastram' or stole having in the background an image of Gandhi's Sabarmati Ashram in Gujarat, which was his home from 1917 to 1930 and served as one of the mai

G20 Summit 2023: PM Modi, US President Biden hold bilateral talks

Prime Minister Narendra Modi on Friday held bilateral talks with US President Joe Biden here, with their discussions covering a wide range of issues focused on deepening the bond between the two countries. The meeting was held soon after Biden arrived in New Delhi to participate in the G20 Summit to be chaired by Prime Minister Modi. "Their discussions include a wide range of issues and will further deepen the bond between India and the USA," the prime minister's office said. US Treasury Secretary Janet Yellen, Secretary of State Anthony Blinken and US NSA Jake Sullivan were also present in the meeting from the US side while the Indian delegation included External Affairs Minister S Jaishankar and NSA Ajit Doval. Modi is scheduled to hold 15 bilateral meetings over the next two days when world leaders gather in the national capital for the Summit. The prime minister earlier said that these meetings would give an opportunity to review India's bilateral ties with these nations and .