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2024


Boeing overcharged Air Force $150K for soap dispensers: watchdog

Boeing overcharged Air Force $150K for soap dispensers: watchdog

Boeing said Tuesday it was reviewing the report, adding that it “appears to be based on an inapt comparison of the prices paid for parts that meet military specifications and designs versus basic commercial items that would not be qualified or approved for use on the C-17.”


Olympus fires CEO after allegations he bought illegal drugs — sending shares down 6%

Olympus fires CEO after allegations he bought illegal drugs — sending shares down 6%

Olympus was interested in deals in digital technology and robotics after selling off its camera, voice recorder and microscope businesses, Takeuchi told Reuters in a November 2022 joint interview with Kaufmann.


Nvidia briefly overtakes Apple as world’s most valuable company

Nvidia briefly overtakes Apple as world’s most valuable company

Nvidia’s shares hit a record high on Tuesday, building on a rally from last week when TSMC, the world’s largest contract chipmaker, posted a forecast-beating 54% jump in quarterly profit driven by soaring demand for chips used in AI.


World Bank bureaucrats lost track of at least $24B in funds fighting climate change: ‘Could be twice or 10 times more’

World Bank bureaucrats lost track of at least $24B in funds fighting climate change: ‘Could be twice or 10 times more’

“There is no clear public record showing where this money went or how it was used,” Oxfam said in a press release, adding that it was even “unclear” whether funds sent to poorer countries to fight global warming were even spent on climate change projects.


Prefer Indicorns over Unicorns for a Indian approach to biz: Kunal Bahl

Prefer Indicorns over Unicorns for a Indian approach to biz: Kunal Bahl

Drawing attention to the rampant usage of the term 'unicorn' in the Indian venture capital industry, he said the world and India have been celebrating unicorns for many years now, but it's important to ask why this concept exists in the first place.


Tesla, Warner Bros. sued for allegedly ripping off images from ‘Blade Runner 2049’ to promote cybercab

Tesla, Warner Bros. sued for allegedly ripping off images from ‘Blade Runner 2049’ to promote cybercab

The lawsuit did not name specific damages but said Alcon had spent hundreds of millions of dollars building the Blade Runner 2049 brand, and said the “financial magnitude of the misappropriation here was substantial.”


Chhattisgarh govt to start paddy procurement at MSP from November 14

Chhattisgarh govt to start paddy procurement at MSP from November 14

The amount includes the MSP fixed by the central government and the difference is paid as input subsidy to enable farmers to get Rs 3,100 for a quintal of yield.


Blue state regulators could hike price at pump just days after election, GOP lawmakers warn

Blue state regulators could hike price at pump just days after election, GOP lawmakers warn

Gavin Newsom and the Democrat-controlled legislature — is scheduled to vote just days after the election on a new proposal that would lower carbon emissions faster, but increase the cost of petroleum refineries.


Need to frame rules on entry, exit of data from telecom network: COAI DG

Need to frame rules on entry, exit of data from telecom network: COAI DG

The government needs to enforce rules on the entry and exit of data from Indian telecom networks, including that of Over-The-Top (OTT) players, a senior official of the industry body COAI said on Thursday.


Holidays will disappoint as inflation-battered shoppers ‘running out of money’: ex-Target exec

Holidays will disappoint as inflation-battered shoppers ‘running out of money’: ex-Target exec

Storch cited sticky inflation that has kept prices high — putting strain on consumers’ wallets — and a tense geopolitical atmosphere, as former President Donald Trump and Vice President Kamala Harris remain neck and neck ahead of the election and wars rage in Gaza and Ukraine.


DOJ antitrust win over Google will ‘very likely’ kill $25B iPhone search deal with Apple: Jefferies

DOJ antitrust win over Google will ‘very likely’ kill $25B iPhone search deal with Apple: Jefferies

Google is “very likely” to be barred from paying billions of dollars each year to Apple to ensure its search engine is enabled by default on iPhones after its stunning loss to the Justice Department in a landmark antitrust trial, according to analysts at Jefferies.


DPIIT relaxes mandatory quality control order for cookware for micro units

DPIIT relaxes mandatory quality control order for cookware for micro units

An exemption for 200 units of cookware, utensils and cans for food and beverages intended for research and development (R&D) by manufacturers of such goods and articles has also been introduced through a specific provision, it added.