World
Tributes pour in for Ratan Tata from industry titans and politicians
Ratan Tata speaks during an interview. Pradeep Gaur | Mint | Getty Images Tributes from industry leaders, politicians and the public at large poured in for Ratan Tata, the former chairman of India’s Tata Sons, who passed away on Wednesday, aged 86. India’s Prime Minister Narendra Modi in a post on X called Tata “a […]
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Hurricane Milton makes landfall in Florida as Category 3 storm
A satellite image shows Hurricane Milton progressing in the Gulf of Mexico before its expected landfall in Florida, Oct. 9, 2024. CIRA | NOAA | Via Reuters The National Hurricane Center said Hurricane Milton has made landfall near Siesta Key, Florida as an “extremely dangerous” Category 3 storm on Wednesday evening. The NHC said the […]
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Asia-Pacific markets open higher after S&P 500 and Dow hit new highs: Live updates
The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Aug. 5, 2024. Noriko Hayashi | Bloomberg | Getty Images Asia-Pacific markets are set to open higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as […]
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These cheap stocks are outperforming, and analysts give 5 more than 20% upside
Markets just keep rallying this year, with the S & P 500 up nearly 22% year-to-date and the Nasdaq jumping around 21%. In global stocks, the MSCI World index is around 16% higher. Many on Wall Street expect the trend to continue. Goldman Sachs , Morgan Stanley and others all see the S & P […]
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Microsoft faces disruption from AI, says outperforming fund manager dumping the stock
A top-performing fund manager has been selling off Microsoft stock, citing concerns about the tech giant’s future profitability in the face of advancements in artificial intelligence. Stephen Yiu, chief investment officer at the Blue Whale Growth Fund , revealed his fund has been reducing its Microsoft position over the past six months. The Blue Whale […]
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Luxury hotel is looking for ‘CEO’ to take $15,000 trip around the world: How to apply
A luxe hotel chain is looking to give away the vacation of a lifetime. Ramada by Wyndham has launched a contest to find someone who will travel the world visiting its locations and documenting the trip for social media. The “chief eats officer”, as the position is dubbed, will be responsible for “exploring the most […]
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Inside the world’s first humanoid factory, where robots could eventually build themselves
About 30 miles from the company’s headquarters in Oregon, Agility Robotics has built “RoboFab,” a facility designed to scale up the production of its bipedal robot, Digit. It is the first factory dedicated to building humanoid robots, according to the privately held company, which has already begun testing Digit with high-profile clients like Amazon and […]
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Ratan Tata, the former chairman of Indian conglomerate Tata Sons, dies at age 86
Ratan Tata, a former chairman of Indian conglomerate Tata Sons, died at a Mumbai hospital on Wednesday night. He was 86. Tata Sons chairman N Chandrasekaran confirmed Tata’s death and described him in a statement as his “friend, mentor, and guide.” He did not provide a cause of death. Tata was admitted this week to […]
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Markets will be looking for any surprises out of Thursday’s big inflation report
Federal Reserve policymakers have been breathing easier lately regarding inflation, and that faith that they’re closer to achieving their goal will get a key test Thursday. The Labor Department will release its latest reading on the closely watched consumer price index, and its’ expected to show further progress toward the Fed’s 2% target in September. […]
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OpenAI says bad actors are using its platform to disrupt elections, but with little ‘viral engagement’
Jaap Arriens | NurPhoto via Getty Images OpenAI is increasingly becoming a platform of choice for cyber actors looking to influence democratic elections across the globe. In a 54-page report published Wednesday, the ChatGPT creator said that it’s disrupted “more than 20 operations and deceptive networks from around the world that attempted to use our […]
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