Beginning in the 19th century, the battleship was the symbol of a nation’s naval strength. These vessels displaced tens of thousands of tons, bore massive guns, and were cloaked with the thickest armor. But their day in the sun was brief, eclipsed by the introduction of aircraft carriers between the […]

Lyft Inc. (NASDAQ: LYFT), the ride-sharing company, is in trouble. While it announced poor earnings, its larger rival Uber released good ones. Being in second place has started to hurt the company and hurt it badly. After it released those results, its stock fell 30% For the most recent quarter, […]

Nirmala Sitharaman’s messaging was clear when she presented a well-balanced Budget with an eye on state elections in nine states followed by a general election next year, observes Ramesh Menon. The last full Budget before the 2024 general elections was sculpted well to give an overall feel-good feeling to all […]

French industrial production rose more than expected in December as manufacturing was boosted by the strong growth in the transport equipment segment, preliminary data from the statistical office INSEE showed Friday. The industrial production index rose 1.1 percent from November, when it grew 2.0 percent. Economists were looking for a […]

The U.S. Defense Department said it is tracking a suspected Chinese high-altitude surveillance balloon that has been flying over the United States for past few days. “The United States government has detected and is tracking a high-altitude surveillance balloon that is over the continental United States right now,” Pentagon Press […]

It would probably not surprise you that the M1 Abrams tank, 31 of which the U.S. is sending to Ukraine to defend against the Russian invasion, is among the most powerful vehicles in the U.S. military. (Here is how Ukraine’s newly bolstered tank army compares to Russia’s.) To determine the […]

On the face of it, Walt Disney Co. (NYSE: DIS) earnings were OK. Chief Bob Iger reorganized the company into three units, but the way they were set up made little sense. He said he would fire 7,000, which is a lot since he was viewed as riding to Disney’s […]

The Philippines have allowed the United States to set up four additional military bases in the country, providing U.S. forces with a strategic advantage on the South China Sea. The expanded access to Philippines bases gives Washington a boost in its efforts to counter China, especially to monitor the Chinese […]

President Joe Biden’s State of the Union address drew a total of 23.4 million viewers across major broadcasters and cable news network, a decline from last year, according to early Nielsen data. Last year, the SOTU viewership across Fox News, CNN, ABC, NBC, CBS, Fox Broadcasting and MSNBC averaged about […]

Fox will be actively pursuing M&A opportunities now that it won’t be merging with News Corp. Outside shareholders of both of the Murdoch family holdings had protested after patriarch Rupert last fall asked the respective boards to explore a combination. In January, he took that off the table, opening a […]