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  • Republican AGs from 19 states pressure Costco to revoke ‘illegal’ DEI policies after Trump’s executive order

    Republican AGs from 19 states pressure Costco to revoke ‘illegal’ DEI policies after Trump’s executive order

    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.


    What is DeepSeek? Why China’s latest AI model is spooking Wall Street and Silicon Valley

    What is DeepSeek? Why China’s latest AI model is spooking Wall Street and Silicon Valley

    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.


    Long-stalled Seaport project faces another delay after change of ownership

    Long-stalled Seaport project faces another delay after change of ownership

    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.


    China extends its coal imports lead over India to widest in over a decade

    China extends its coal imports lead over India to widest in over a decade

    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).


    Fed expected to pump brakes on rate cuts in 2025 as Trump policies stir concern

    Fed expected to pump brakes on rate cuts in 2025 as Trump policies stir concern

    Powell also said that recent signs of stubborn inflation have caused many Fed officials to pare back their expectations for rate cuts.


    California restaurants scrambling to stay afloat amid $9 egg prices: ‘It’s f—-ing killing me’

    California restaurants scrambling to stay afloat amid $9 egg prices: ‘It’s f—-ing killing me’

    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.


    Office leasing in 2024 rises 20.8%, records 72 msf in transactions: Report

    Office leasing in 2024 rises 20.8%, records 72 msf in transactions: Report

    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.


    Joe Biden’s fiscal time bomb is set to explode just in time time for Trump to take office

    Joe Biden’s fiscal time bomb is set to explode just in time time for Trump to take office

    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.


    Bollywood dims as streaming platforms steal the spotlight, TV rights fall

    Bollywood dims as streaming platforms steal the spotlight, TV rights fall

    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.


    Dow plunges more than 600 after opening bell as Santa Claus rally fizzles

    Dow plunges more than 600 after opening bell as Santa Claus rally fizzles

    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.


    Private banks masking worsening retail asset quality with write-offs: RBI

    Private banks masking worsening retail asset quality with write-offs: RBI

    In the retail loans segment, while asset quality remained largely stable, the report observed a marginal uptick in credit card NPAs across bank groups.


    Exclusive | Matt Lauer targeted by PETA for alleged ‘abuse,’ beating of animals by sheep farmers at his $9M New Zealand hideaway in bombshell findings

    Exclusive | Matt Lauer targeted by PETA for alleged ‘abuse,’ beating of animals by sheep farmers at his $9M New Zealand hideaway in bombshell findings

    His property — known as Hunter Valley Station and located about two hours north of Queenstown — includes a “five-bedroom, lakefront homestead” and boasts stunning views of the Southern Alps mountain range, according to a Sotheby’s listing.


    Warren Buffett discusses what will happen to his massive fortune after his death and offers advice in surprise message to shareholders

    Warren Buffett discusses what will happen to his massive fortune after his death and offers advice in surprise message to shareholders

    In November, ahead of the holiday season, Berkshire Hathaway CEO Warren Buffett issued an unexpected message to shareholders, wherein he announced updates on what will happen to his massive fortune after his death and offered some advice for others on handling how to pass on their wealth.


    Big banks, business groups sue Fed over ‘opaque’ annual stress tests

    Big banks, business groups sue Fed over ‘opaque’ annual stress tests

    The lawsuit filed in US District Court in Columbus, Ohio, claims the Fed’s practice of determining how big banks perform against hypothetical economic turmoil, and assigning capital requirements accordingly, do not follow proper administrative procedure.


    Narayana Murthy bats for tech, cautions against ‘unsupervised learning’

    Narayana Murthy bats for tech, cautions against ‘unsupervised learning’

    “It was very easy to be a Leftist and socialist in those days because Jawaharlal Nehru was our Prime Minister and he had embraced Harold Laskian socialism.”


    Insurers urge IRDAI crackdown against OEM-linked motor insurance brokers

    Insurers urge IRDAI crackdown against OEM-linked motor insurance brokers

    The General Insurance Council has suggested a range of reforms, including system integration for real-time pricing and policies that ensure customers see all quotes.


    Shooting of UnitedHealthcare CEO Brian Thompson is ‘wake-up call’ for US corporate security: report

    Shooting of UnitedHealthcare CEO Brian Thompson is ‘wake-up call’ for US corporate security: report

    The killing is a wakeup call for corporate security teams, who say they have noticed an uptick in violent threats against business leaders, especially on social media, according to The Wall Street Journal.