A report released by the Federal Reserve Bank of Philadelphia on Thursday showed a continued contraction in regional manufacturing in the month of May, although the pace of contraction slowed by more than expected. The Philly Fed said its diffusion index for current activity surged to a negative 10.4 in […]

OSAT majors have concerns about India’s ability to provide a stable, predictable, and lasting policy environment for years to come, which is key for making a decision in a capital-intensive business. India is facing tough competition from Penang in Malaysia, the Philippines, and Vietnam, as global outsourced semiconductor assembly and […]

This article was written with the assistance of A.I. technology, and has been edited and fact-checked by Melly Alazraki. In August 2021, Pat Garrett’s Colt Single Action Army Revolver sold for $6 million at auction, setting a new record for the most expensive firearm ever sold. The gun, which is […]

Fox Corporation CEO Lachlan Murdoch compared CNN’s town hall last week with Donald Trump to Fox News’ post-2020 election coverage, the source of the company’s $787.5 million settlement with Dominion Voting Systems. “Last week, we can look at it factually, CNN had a town hall with the former president where […]

UPDATED: CNN Worldwide CEO Chris Licht confirmed that Kaitlan Collins would be taking over the 9 p.m. ET primetime slot, filling a major hole in the network schedule as it faces sagging ratings. The move had been expected, with Collins having been among the rotating hosts to have filled the […]

The Appointments Committee of Cabinet has named Ravneet Kaur, a Punjab cadre IAS officer of 1988 batch, as chairperson of the Competition Commission of India (CCI). Kaur will hold the post for five years or until attaining the age of 65. She is the second woman to serve in an […]

EXCLUSIVE: Longtime talent managers Iris Grossman and Peter McGrath have been promoted to Partner within the management division of Echo Lake Entertainment, Deadline has learned. The pair joins a list of Partners that also includes Zadoc Angell, Dave Brown, Brittany Kahan Ward, Graciella Sanchez, and Amotz Zakai. Related Story ‘Jury […]

Humans need to seriously a-dress the issue of artificial intelligence, as the young Generation Z population expect robots to soon do most skilled tasks – such as measuring them for suits. Microsoft-backed OpenAI fired the starting pistol on an artificial intelligence (AI) arms race in November, when it made free-thinking […]

After moving sharply higher over the course of last Friday’s session, stocks have moved modestly lower in morning trading on Monday. The major averages have all moved to the downside, although selling pressure has remained relatively subdued. Currently, the major averages are off their worst levels but still in negative […]

‘A weak monsoon always spells disaster. But it’s too early to have a pessimistic view.’ Adani Wilmar expects demand to look up with interest rates and inflation on a leash and rural demand sputtering to life. After announcing its 2022-23 January-March quarter results, Angshu Mallick, managing director and chief executive […]