Business Industrial
The Meta settlement comes after ABC News agreed last month to pay $15 million toward Trump’s presidential library to settle a defamation lawsuit over anchor George Stephanopoulos’ inaccurate on-air assertion that the president-elect had been found civilly liable for raping writer E. Jean Carroll.
Major companies — including Walmart, Meta, John Deere and Tractor Supply — have backtracked on their DEI policies after facing harsh backlash from conservative activists, many of whom cite the 2023 Supreme Court decision that ruled against race-based affirmative action in college admissions.
DeepSeek claims it built its AI model in a matter of months for just $6 million, upending expectations in an industry that has forecast hundreds of billions of dollars in spending on the scarce computer chips that are required to train and operate the technology.
Howard Hughes Holdings’ spinoff of the Seaport to shareholders last summer likely portends a change of direction for the South Street-area entertainment, dining and shopping complex, downtown sources said — and put a question mark over its valuable but again-stalled development site.
Global thermal coal prices have retreated from record highs hit after Russia's 2022 invasion of Ukraine, but are 50 per cent higher than the average during the 2017-19 period, according to the International Energy Agency (IEA).
Powell also said that recent signs of stubborn inflation have caused many Fed officials to pare back their expectations for rate cuts.
Gemma Ballesteros, who owns Marley’s Treats in Hayward, Calif., said the egg shortage is hitting her bakery hard – especially on top of steep minimum wage increases and pandemic-era challenges, like a drop in catering orders and rising costs for rent and utilities.
India’s total office space absorption during 2024 stood at 71.9 million square feet (msf), surpassing the previous peak achieved in pre-pandemic 2019 by 19 per cent, according to Knight Frank.
The “DOGE brothers,” Elon Musk and Vivek Ramaswamy, will take an ax to the federal bloat and further appease the so-called “bond vigilantes” — traders whose selling pressure often brings government spenders to their senses.
The decline in satellite rights began with the rise of streaming giants like Netflix, Prime Video, and Disney+ Hotstar, but the trend accelerated during the pandemic when films were released directly on digital platforms due to theater closures.
Wall Street’s main stock indexes opened sharply lower on Monday and hit their lowest in over a week — as sparse trading volumes and the specter of elevated Treasury yields cast a cloud over the traditionally strong year-end rally for equities.
In the retail loans segment, while asset quality remained largely stable, the report observed a marginal uptick in credit card NPAs across bank groups.