Asian stocks surrendered early gains to end on a muted note on Thursday as investors awaited U.S. inflation data for December later in the day that might show price pressures eased from the previous month. A higher-than-expected reading could force the Federal Reserve to keep raising interest rates at a […]

Microsoft will lay off 10,000 workers, about five per cent of its total workforce, its CEO Satya Nadella announced on Wednesday, terming it a hard choice that the tech giant had to make to remain a “consequential company” amid global economic uncertainties. Microsoft is the latest company after Facebook and […]

Former Walt Disney Co. (NYSE: DIS) CEO Bob Chapek was rewarded significantly for his humiliating exit. According to the Disney proxy, he made $24,183,003 as he was pushed out the door. While there is a strong argument that he should have kept his job, Disney’s board showed, via the payment, […]

For fiscal year FY23, the 2022 Union Budget had targeted a capex outlay of Rs 7.5 trillion, which is 35.4% higher than the FY22 Budget Estimate of Rs 5.54 trillion. The Central government may not expand its capital expenditure (capex) for the next fiscal year (FY24) to as large a […]

EXCLUSIVE: Siddiq Saunderson has signed with M88 for representation. Most recently, Saunderson portrayed rapper Dennis Coles in the Hulu series Wu-Tang: An American Saga during the show’s first two seasons. A loving 19-year-old who would do anything to protect his friends and family, Dennis, aka “D-Love,” also has an untapped talent […]

EXCLUSIVE: Archer Gray has today announced the promotion of Rebecca Choi to Vice President of Narrative Film and the addition of Kelsey Jackson in the newly established role of Vice President of Narrative Television. The news follows the recent announcement of Vinay Singh being upped to CEO, as well as […]

Former RBI governor Raghuram Rajan on Tuesday said it is too premature to think that India will replace China when it comes to influencing global economic growth. However, the situation may change going forward as India is already the world’s fifth largest economy, it is growing and has the potential […]

Amid rising geopolitical risks, a vast majority of Indian CEOs have indicated in a survey that they are reducing or planning to reduce operating costs, even as they are more upbeat than their global peers on their country’s economic prospects. However, most of the companies do not plan to cut […]

Global military spending topped $2 trillion in 2021 for the first time, as spending on weapons, military hardware, armies, and ancillary logistics and technical operations has grown by 12% over the past decade. Russian military aggression against Ukraine and China’s efforts to grow its military presence in the sea and […]

The NBC News Guild and the Writers Guild of America, East are objecting to a round of layoffs at the network this week, which impacted dozens of employees. The NBC News Guild, which covers digital employees, said that it filed an unfair labor practice charge with the National Labor Relations […]