Year: 2025
India likely to cut disinvestment goal by 40% for FY25, Economic Times reports
Rupee coin. Abhishek Mehta | Moment | Getty Images India will likely cut its disinvestment and asset monetization target by 40% for 2024-25 in the federal budget to be presented next month, The Economic Times newspaper reported on Saturday, as planned sales of state-run firms run into a host of setbacks. The government will likely […]
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Ceasefire between Israel and Hamas will go into effect at 0630 GMT on Sunday
People react to the reports of a possible Gaza ceasefire and hostage release deal being reached during a rally calling for the return of captives held in the Gaza Strip on Jan. 15, 2025 in Tel Aviv, Israel. Amir Levy | Getty Images News | Getty Images Qatar’s foreign ministry said the ceasefire between Israel and […]
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TikTok says it will go dark on Sunday unless Biden intervenes
Beata Zawrzel | Nurphoto | Getty Images TikTok said its services will go dark on Sunday without a guarantee from the Biden administration that it won’t punish Apple, Google and other service providers if they support the app. “Unless the Biden Administration immediately provides a definitive statement to satisfy the most critical service providers assuring […]
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DOJ sues Walgreens for ‘knowingly’ filling millions of prescriptions that lacked legit medical purposes
In an aerial view, a customer enters a Walgreens store on Jan.4, 2024 in San Pablo, California. Justin Sullivan | Getty Images The Department of Justice said Friday that it sued pharmacy giant Walgreens for allegedly dispensing millions of unlawful prescriptions. The DOJ said that Walgreens from August 2012 until the present “knowingly” filled those […]
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CFPB fines Equifax $15 million for errors on credit reports
Key Points The Consumer Financial Protection Bureau fined Equifax $15 million for credit reporting errors. The CFPB alleged the credit bureau failed to properly investigate consumer disputes. Credit reports have a significant impact on consumer finances, experts said. They may dictate someone’s success in qualifying for a loan, renting an apartment or getting a job. […]
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Crypto firm Digital Currency Group to pay SEC $38.5 million for misleading investors
Barry Silbert, founder and chief executive officer of Digital Currency Group Inc., speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S., on Thursday, May 9, 2019. Bloomberg | Bloomberg | Getty Images Digital Currency Group, the crypto firm founded by Barry Silbert, and the former executive of a defunct unit are paying […]
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Biden declares Equal Rights Amendment law; impact is unclear
U.S. Representative Cori Bush along with other U.S. lawmakers and advocates hold a press conference outside the Capitol Hill building to urge U.S. President Joe Biden to certify the Equal Rights Amendment (ERA) before his term ends in January in Washington DC, United States on December 10, 2024. Celal Gunes | Anadolu | Getty Images […]
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FAA grounds SpaceX’s Starship after mid-flight explosion, reports property damage on Turks and Caicos
SpaceX’s mega rocket Starship launches for a test flight from Starbase in Boca Chica, Texas, on Jan. 16, 2025. Eric Gay | AP The Federal Aviation Administration said on Friday that SpaceX’s Starship rocket is grounded until the company and regulator complete an investigation into the midflight failure of the most recent test flight, which […]
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Stocks making the biggest moves midday: Novo Nordisk, J.B. Hunt, Qorvo and more
Check out the companies making headlines in midday trading. Crypto stocks – Stocks tied to crypto prices jumped amid reports that President-elect Donald Trump could release an executive order making crypto a national priority as soon as the first day of his new term. Shares of crypto exchange operators Coinbase and Robinhood advanced 4.5% and […]
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Sam Altman posts letter from senators concerned about OpenAI efforts to ‘cozy up’ to Trump
Sam Altman, chief executive officer of OpenAI, during a fireside chat organized by Softbank Ventures Asia in Seoul, South Korea, on Friday, June 9, 2023. SeongJoon Cho | Bloomberg | Getty Images U.S. Senators on Friday expressed concern to OpenAI CEO Sam Altman that he’s attempting to “cozy up to the incoming Trump administration” with […]
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