“I’m sure many of you are aware that last night in Monterey Park, 10 people were killed and shot and another 10 were wounded by a gunman at Lunar New Year festivities,” Daniel Dae Kim said this morning at the Sundance Film Festival as more and more news of the […]

Regal Cinemas went bankrupt and has started to close locations. It is the second largest company in the industry trailing only AMC Entertainment, which has its own troubles. The Royal decision is an awful sign which gives proof to the fact that what COVID-19 started, streaming media will finish. COVID-19 […]

European stocks may open higher on Monday, through trading volumes are likely to remain thin due to a U.S. holiday. The U.S. earnings season picks up steam this week, with Goldman Sachs, Morgan Stanley, United Airlines, Procter & Gamble and Netflix among the prominent companies due to report their quarterly […]

Tesla Inc. has reduced its electric vehicle prices in the United States and Europe, aiming to boost demand, Reuters reported. The move comes nearly one week after the luxury electric major slashed prices at its biggest international market in China. Following the news, Tesla shares were losing more than 4 […]

South Korea’s producer prices rose at the slowest annual pace in twenty months in December and the pace eased for a sixth month in a row, thanks to a let up in inflationary pressures in the manufacturing sector due to the fall in oil prices and a weaker dollar, preliminary […]

Acceleration in demand, together with marginal price hikes of about 2-3 per cent by cement companies in the October-December quarter (third quarter, or Q3) of 2022-23, may not be enough to cushion the impact of high input costs on the bottom line, reveal Bloomberg consensus estimates for the quarter. Year-on-year […]

‘Government’s focus should be on the expenditure side in this Budget, not so much on the taxation side.’ As the Budget is days away, former chief statistician Pronab Sen tells Indivjal Dhasmana/Business Standard, “If the government cuts the peak personal income tax rate, leaving other things unchanged, it will be […]

After moving notably higher over the past several sessions, stocks have seen substantial volatility over the course of morning trading on Thursday. The major averages have shown wild swings back and forth across the unchanged line. Currently, the major averages are turning in a mixed performance. While the Nasdaq is […]

With traders digesting the highly anticipated consumer price inflation data, stocks may show a lack of direction in early trading on Thursday. The major index futures are currently pointing to a roughly flat open for the markets, with the S&P 500 futures nearly unchanged. The futures have fluctuated following the […]

Amazon’s employee union has gained a victory against the e-commerce retailer as the federal labor board upheld the results of a union election at the Staten Island warehouse in New York, reports said. The National Labor Relations Board or NLRB has certified Amazon Labor Union or ALU’s victory at the […]