Business

[ad_1] Binance seeks to curb US oversight during deal talks with Trump's crypto company, WSJ says [ad_2] Source link

[ad_1] Donald Trump’s tariff war has been wreaking havoc in global markets, but among exporters in China’s “trinket town” — the eastern city of Yiwu famous for making everything from Christmas trees to Donald Trump campaign caps — the mood is more of stoic defiance than panic. Amid government invocations of late dictator Mao Zedong…

[ad_1] Twelve former OpenAI employees have asked a federal judge for permission to weigh in on Elon Musk’s lawsuit against Sam Altman and the company. Harvard law professor Lawrence Lessig filed the motion today on behalf of the ex-employees, whose detailed amicus brief accuses OpenAI of abandoning its nonprofit roots and betraying the mission that…

[ad_1] Tata Consultancy Services (TCS) reported disappointing revenue and profit growth for the March quarter reflecting delay in project ramp ups by clients amid rising economic uncertainties in major global markets. However, the country’s largest software exporter showed a sustained momentum in new orders during the quarter while accelerating the capital expenditure (capex) for FY25…

[ad_1] FOX Business correspondent Kelly Saberi has the latest on the Trump administration’s aim to boost coal and rare earth minerals production on ‘The Big Money Show.’ Interior Secretary Doug Burgum discussed the coal industry and President Donald Trump’s recent executive order to help raise its production in an interview with FOX Business’ Kelly Saberi…

[ad_1] Group of ex-OpenAI employees back Musk's lawsuit to halt OpenAI restructure [ad_2] Source link

[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Federal Reserve “would absolutely be prepared” to deploy its firepower to stabilise financial markets should conditions become disorderly, according to one of the central bank’s top officials. Susan Collins, head of the Boston…

[ad_1] A wild week in financial markets ended appropriately with a seesaw trading session Friday as U.S. stock indexes finished with strong gains. Meanwhile, investors continued to flee what had historically been safe-haven assets—namely the dollar and Treasury bonds—and piled further into gold, which saw prices hit fresh highs. After going back and forth between…

[ad_1] Mumbai: Should investors brace for modest returns over the next few years? A study of stock market cycles for eight-year periods by Samco Securities shows that phases of exuberance follow periods of lower returns. The stock market may have entered the eight-year cycle of moderate performance in 2024, it said. The Sensex returns in…

[ad_1] There are no reported injuries. Air traffic was briefly halted as a precaution, but operations have since resumed. The Federal Aviation Administration (FAA) is investigating after a commercial flight bound for Hawaii safely aborted takeoff Friday due to an “unstable” nose wheel. The crew of Hawaiian Airlines Flight 33 “safely aborted takeoff” from Los…