Business
Big Railroad Deal Seen More Likely To Gain Regulators' OK
Wary regulators have not approved a major railroad merger since the 1990s, but industry analysts say Canadian Pacific's proposed $25 billion acquisition of Kansas City Southern has a good chance of getting the green light because there is little overlap b...
Closing Prices For Crude Oil, Gold And Other Commodities
Benchmark U.S. crude oil for April delivery rose 13 cents to $61.55 a barrel Monday. Brent crude oil for May delivery rose 9 cents to $64.62 a barrel.
Wall Street Rises On Tech Rebound; Tesla Gains
U.S. stocks rallied on Monday as technology stocks rebounded from a recent selloff sparked by surging bond yields and Tesla jumped after a fund run by an influential investor in the electriccar maker said its shares could approach $3,000 by 2025.
TX AG Accuses San Antonio Hotel Of Price-gouging In Storm
The Texas attorney general sued a San Antonio hotel owner Thursday and accused the operator of pricegouging during last month's storm that left millions of Texans without power and heat during subfreezing temperatures.
Chip Shortage Forces Ford To Build Trucks Without Computers
A global semiconductor shortage and a February winter storm have combined to force Ford to build F150 pickup trucks without some computers.
CBI Files Case Against Cadbury, Alleges Firm Availed Fraudulent Tax Benefits in Himachal Pradesh
The CBI has found details of various payments made to camouflage alleged bribes and commissions to get the work done, the FIR alleges.
S&P 500 Ends At Record High After Fed Projects Stronger Economy
The S&P 500 and Dow Jones Industrial Average closed at record highs on Wednesday after the Fed predicted a fast economic recovery from the coronavirus pandemic and said it would maintain its interest rate at close to zero.
Around 10 Lakh Chinese Company CCTV Camera Installed in Govt Institutions: Govt
He said that there are vulnerabilities associated with video data captured through CCTV cameras being transferred to servers located abroad.
Energy Firms Seize On Carbon Tech, Environmental Goals To Build New Businesses
Major energy companies are turning their carbon sequestration technologies and projects into business ventures, converting some efforts that help pump more oil and gas into profitmaking ventures while burnishing their environmental reputations.
Stocks Post Sharp Weekly Gains; Treasury Yields, Dollar Rise
An index of stocks across the world dipped on Friday but still posted its strongest weekly gain in five, while benchmark U.S. Treasury yields climbed to 13month highs, partly on optimism after a $1.9 trillion recovery package was signed into law.
India Imposes Anti-dumping Duty on Chinese Antibacterial Drug Ciprofloxacin Hydrochloride
The duty was imposed following a recommendation by the commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR).
Higher Food Prices Shoot Up Retail Inflation to 5.03% in Feb, Remains 'Elevated' at 3.53% in Fuel Category
Retail inflation rose to 5.03 per cent in February mainly on account of higher food prices, government data showed on Friday. The consumer price index (CPI) based retail inflation was at 4.06 per cent in January.
Posco's Steel Plant in India Faces Disruption, Hampers Auto Supply Chain
Supply of steel from Posco's Maharashtra plant has been seriously affected and production for carmakers 'is likely to come to a standstill' if the issue is not resolved soon.
Indian Companies Finding it Difficult to Let Go of Office Spaces Despite Work from Home: Report
The commercial real estate sector is expected to report a sharp upswing in rent collection in the next financial year.
How is Social Media Fuelling Stock Market Volatility That Has Led to Chinese Censorship
With the number of investors rising significantly after the global lockdown, social media platforms have become virtual trading clubs.
More Than 50% Account Holders Under PMJDY are Women, Says Finance Ministry
As of February 24, 2021, 23.21 crore accounts, out of the total 41.93 crore accounts opened under the PMJDY scheme, belong to women account holders, the ministry said in a statement.