The United Auto Workers (UAW) strike against the Big Three automakers was supposed to help electric vehicle (EV) companies like Tesla and Lucid. It did help Tesla, with its stock up over 12% in the past month. Lucid, however, has fallen off by about the same percentage. A shortage of […]

With the Nifty50 surging past the 20,000 mark, the markets are experiencing a spate of initial public offerings (IPOs) with four issues set to raise over Rs 4,673 crore this week. Another quartet, cumulatively worth Rs 3,000 crore, is expected to launch next week. Companies like RR Kabel, SAMHI Hotels, […]

European stocks may open higher on Thursday as focus shifts to the European Central Bank (ECB) policy meeting later in the day. The ECB is likely to raise interest rates for a 10th consecutive meeting but it’s a close call, given growing concerns about growth. The central bank will update […]

EXCLUSIVE: Broadway producer Dale A. Mott (A Strange Loop, The Piano Lesson, Thoughts of a Colored Man) and real estate investor/philanthropist Charles D. Urstadt have formed Edgewood Entertainment, a new multimedia production company focused on supporting works by historically marginalized people, including the BIPOC and LBGTQIA+ communities and female artists. […]

Container Corporation of India (Concor) has been the worst performer among major logistics & port stocks registering returns of about 4 per cent over the past three months as compared to 10-12 per cent for peers Gateway Distriparks and Adani Ports and SEZ. Uncertain outlook on the export-import (EXIM) trade […]

Crime fiction, a perennially popular genre, typically features a protagonist who is either a seasoned police officer or a jaded private investigator (or a former cop turned private eye). While there are a few notable female characters, like Sara Paretsky’s pragmatic V.I. Warshawski, the central figure is often a hard-drinking, […]

The power sector is always strongly correlated to economic activity and is receiving its share of investor attention as India’s post-Covid-19 recovery continues. India’s leading integrated power producer, the public sector undertaking (PSU) NTPC controls around 25 per cent of India’s power capacity. It continues to increase installed capacity, in […]

Stocks attempted to recover from initial weakness on Tuesday but moved back to the downside in the latter part of the session. The major averages all ended the day in negative territory, although the Dow posted a relatively modest loss. The tech-heavy Nasdaq slumped 144.28 points or 1.0 percent to […]

The number of Americans who relocate each year has been trending downward for decades. According to the U.S. Census Bureau, only 28.2 million people moved to a new home in 2022, down from 41.1 million 20 years earlier. Of those who did move in 2022, the vast majority – 78% […]

Walgreens, a division of Walgreens Boots Alliance, Inc. (WBA), has inked a partnership with Pearl Health to boost and expand value-based care to patients in Medicare in partnership with community-based primary care physicians. The partnership with Pearl Health will enable Walgreens to transition quickly and effectively to value-based care and […]