This story is part of CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. New York (CNN Business)Unless we get a breakthrough soon in deadlocked negotiations, Friday will mark the beginning of the first national rail strike in 30 years (which we wrote about in Monday’s newsletter). ICYMI: Tens of thousands of train workers […]

Asian stock markets are trading mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders now feel that interest rate concerns have been priced into the markets and are indulging in picking up stocks at reduced levels following recent weakness. Meanwhile, the renewed COVID-19 induced curbs in China weighed on market sentiment. Asian Markets closed […]

Tata Sons, holding company of the Tata group, is investing Rs 975 crore in Pune IT City Metro Rail, a special purpose vehicle that has won the contract to construct, operate, and maintain the project connecting Shivaji Nagar and Hinjewadi in the city. The Tatas own a 74 per cent stake in the SPV; the rest is owned by Siemens […]

Up against former teammate Russell Wilson and his new Denver Broncos crew, the Seattle Seahawks desperately wanted a win last night at home. With a 17-16 result on Monday Night Football, they got one — and so did ESPN, ABC and the NFL. In one for the books, last night’s primetime gridiron matchup in Jet City was watched by 19.9 […]

EXCLUSIVE: Jason Bergsman, a seasoned business executive who helped Joe and Anthony Russo build AGBO into a formidable content supplier, will exit as the company’s CEO this fall. Indications are that the parting of ways is amicable, and stems from a lack of alignment between AGBO’s current evolutionary stage and Bergsman’s longer-term career interests. He has agreed to stay on […]

President Joe Biden’s executive order to wipe out some student loan debt raised immediate questions about how states would treat this relief for tax purposes. The plan forgives up to $10,000 in outstanding federal student loan debt and up to $20,000 for students from low-income families who qualified for a Pell Grant. The White House estimates that 27 million people […]

The producers of Broadway’s hit musical revival The Music Man will end the show’s successful run on Jan. 1, 2023, when star Hugh Jackman exits after a year a Professor Harold Hill. “I am thrilled that Hugh and Sutton [Foster] will continue to create their unique magic to the stage right through to the end of 2022 so that we […]

Consumer durable companies will again start to face a supply issue of components as China extends lockdown due to its zero Covid strategy. This will impact the flow of finished products into the Indian market, unlike last year, this impact will be felt post Diwali. While supply chain issues have been a problem since the start of the pandemic, China’s […]

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 Rupert Soames, the grandson of former Conservative Prime Minister Sir Winston Churchill, will retire next September. Mr Soames said: “It has […]