Indian Prime Minister Narendra Modi’s election shortfall leaves Wall Street scrambling
A stunning political setback for Indian Prime Minister Narendra Modi has Wall Street furiously trying to understand its impact on India’s economic landscape.
Nvidia passes Apple in market cap as second-most valuable public U.S. company
Investors are becoming more comfortable that Nvidia’s huge growth in sales to a handful of cloud companies can persist.
Former Meta engineer sues company, saying he was fired over handling of Gaza content
Ferras Hamad, a Palestinian-American engineer, accused Meta of a pattern of bias against Palestinians in the complaint.
Donald Trump to speak at private CEOs meeting, weeks after conviction
Donald Trump plans to huddle with CEOs as he tries to court some of the country’s wealthiest business leaders.
Bank of Canada cuts rates, economists predict another reduction next month
Economists immediately predicted the BoC would cut again in July.
Alphabet taps Eli Lilly’s Anat Ashkenazi as new CFO
Ashkenazi will replace Ruth Porat, who will become president and chief investment officer of the company after nearly a decade as CFO.
Ron Baron, big Tesla shareholder, supports Elon Musk’s $56 billion pay package
Billionaire investor Ron Baron, longtime Tesla bull and shareholder, wrote an open letter in support of CEO Elon Musk’s controversial $56 billion pay package.
Drinking alcohol before sleeping on flights presents health risk, study finds
German researchers recommended avoiding alcohol altogether on flights, and said airlines should restrict consumption.
Dubai Mall, one of the world’s largest, is getting even bigger with a $400 million expansion
The sprawling shopping complex is already home to 1,200 stores, 200 food and beverage outlets, an aquarium, a skating rink, and indoor amusement parks.
Oil market ‘oversold’? Analysts and traders pin crude’s price plunge on demand, trading strategies
Oil prices declines despite supply cut extensions from the OPEC+ alliance, with traders and analysts faulting the options market and weak demand.
