Elton John is said to be doing well and recovering at home after being hospitalized for a fall at his villa in Nice, France. The 76-year-old John was discharged Monday morning from Princess Grace hospital in Monaco, where he was treated for minor injuries, according to the BBC. “Elton visited the local hospital as a precautionary measure,” his representative said […]

Stocks moved mostly higher over the course of the trading session on Monday, regaining ground following recent weakness. Technology stocks helped lead the rebound, resulting in a substantial gain by the Nasdaq. The Nasdaq surged 206.81 points or 1.6 percent to 13,497.59 and the S&P 500 climbed 30.06 points or 0.7 percent to 4,399.77, while the narrower Dow staged a […]

China’s central bank reduced the one-year loan prime rate by a smaller-than-expected margin and retained the five-year rate despite financial troubles among property developers. The People’s Bank of China lowered its one-year loan prime rate, or LPR, by 10 basis points to 3.45 percent. However, the five-year LPR, the benchmark for mortgage rates, was kept unchanged at 4.20 percent. The […]

India will soon meet Iraq and the United Arab Emirates (UAE) to seek a definitive rate of discount on crude oil similar to what Russia has provided so far, sources said. Multiple officials and industry executives said Iraq, which is India’s biggest oil supplier, wants to discuss the level of discounts expected by Indian refiners. India’s focus on snapping up […]

Mark Thompson, a former top executive at The New York Times and the BBC, is one of several people in talks to lead CNN, according to three people with knowledge of the recruitment process. It is unclear how far along the talks are with Mr. Thompson and the other candidates. But the discussions suggest that David Zaslav, the chief executive […]

A pair of former production assistants-turned-assistant directors have created a nonprofit in hopes of providing financial aid to PAs who’ve been put out of work due to the strike. Katie Hacker and Andrea Block argue that most PAs don’t qualify for most of the strike relief that’s available out there — not to mention how they are already the lowest paid […]

Netflix continued to add subscribers in the U.S. at a high rate in July after initiating a crackdown on password sharing in May, according to new data from research firm Antenna. The streaming giant had 2.6 million gross subscriber additions in July, the latest figures show. The company also saw the highest percentage of new sign-ups going to its advertising […]

In March 2022, the Securities and Exchange Commission proposed a rule requiring companies to provide climate-related information in registration statements and annual reports. Specifically, the SEC wants companies to reveal climate-related risks and financial metrics. In theory, a standardized reporting requirement would replace the current abundance of metrics related to the “E” part of ESG investing. Economists Michael Greenstone and […]

Stocks of new-age companies have seen a mixed performance thus far in calendar year 2023 (CY23). While those of One97 Communications (parent company of Paytm), PB Fintech and Zomato have surged up to 63 per cent year-to-date (YTD), FSN e-commerce, the parent company of Nykaa, however, has dropped 14 per cent YTD. By comparison, Nifty50 and Nifty 500 indices have […]