After moving sharply higher over the course of the previous session, stocks showed a substantial move back to the downside during trading on Thursday. The major averages largely offset Wednesday’s gains, with the S&P 500 once again falling to its lowest closing level since late 2020. The major averages climbed well off their worst levels going into the close but […]

One of the most embarrassing problems Ford Motor Co. (NYSE: F) has had recently is trouble telling consumers what it will charge for its cars, especially its electric vehicles (EVs). In late August, Ford management said it would increase the price of its wildly popular Mustang Mach-E by an eye-watering $3,000 to $8,000. Ford also raised the prices of its […]

European stocks may open higher on Thursday following Wall Street’s relief rally overnight. Asian markets followed Wall Street higher, though a cautious undertone prevailed amid small declines in U.S. stock futures after the Fed’s Atlanta president Raphael Bostic said he favored raising rates by three-quarters of a percentage point at the November policy meeting and by half a percentage point […]

Three scientists have shared the Nobel Prize for Chemistry for their work that led to the development of linking molecules together, known as click chemistry, and bioorthogonal chemistry. Morten Meldal and K. Barry Sharpless have laid the foundation for a functional form of chemistry – click chemistry – in which molecular building blocks snap together quickly and efficiently. Carolyn R. […]

President Joe Biden has set the number of refugees that the United States will admit in fiscal year 2023 at 125,000. Biden did not increase the nation’s cap on refugee admissions set last year despite calls from human rights advocates. “The admission of up to 125,000 refugees to the United States during Fiscal Year (FY) 2023 is justified by humanitarian […]

SPOILER ALERT: This post contain details about Maggie Haberman’s Confidence Man: The Making of Donald Trump and the Breaking of America, which was published today.  “Trump’s not an actor,” says Maggie Haberman of the man who once fronted The Apprentice and occupied the Oval Office. “He just happened to be in this role on television playing himself,” the New York Times […]

India will have 30 per cent of its two-wheeler industry turning electric by 2030 as new manufacturers lead the shift, said a report on Monday. Passenger vehicles will be 15 per cent electric and the three-wheeler segment 75 per cent electric by 2030, said the report by BNP Paribas called ‘India Autos—Electric vehicles: Minutes to midnight’. “We see FY22 as […]

Tata Consultancy Services (TCS) is set to secure a $2 billion deal from Bharat Sanchar Nigam (BSNL) to roll out its 4G and 5G services across the country. However, the final approvals from the publicly-owned telco may take a couple of months, sources in the know said. As part of the deal, TCS will develop 4G core and Radio Access […]

We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The new budget retailer premises has taken over a site originally occupied by the national institution clothing sales brand in […]