3rd Wave Fears: India Inc trims FY22 growth outlook

‘While most companies were bullish before the second wave of double-digit sales growth in FY22, that may not be the case now.’ Companies manufacturing automotive, durables, and fast-moving consumer goods remain largely cautious about their sales growth outlook for FY22. The reason for this tempering of their forecasts revolves around concern about a third COVID-19 wave, weak consumer sentiment, and […]

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Why philanthropies could flourish following Bezos, Gates divorces

New York (CNN)MacKenzie Scott, one of the richest women in the world, and her husband Dan Jewett, donated $2.74 billion to organizations that focus on the arts and combating racial discrimination. The settlement from Scott’s 2019 divorce from her previous husband, Amazon (AMZN) CEO Jeff Bezos, made her one of the richest people in the world. She and Bezos were […]

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Rocket Lab to design and build Mars spacecraft for NASA mission

As deep space exploration increasingly becomes a new frontier for the private sector, a California-based firm announced Tuesday it had been awarded contracts to design two spacecraft that will go to Mars as part of a NASA mission. Long Beach-based Rocket Lab, which announced in April it intends to go public via a Special Purpose Acquisition Company, said Tuesday that […]

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STDs reach all-time high for sixth consecutive year in the US. Is your state in the top 10?

In 2019 alone, there were more than 2.5 million cases of chlamydia, gonorrhea and syphilis reported, according to the Centers for Disease Control and Prevention. This marks the sixth consecutive year of record-breaking cases of sexually transmitted diseases in the U.S. The CDC’s data looked at states with the highest cases of chlamydia, gonorrhea, syphilis and congenital syphilis. The following numbers […]

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Lordstown Motors shares soar after new chairwoman says production plans remain on track

The new chairwoman of Lordstown Motors, Angela Strand, says the embattled company remains on track to begin limited production of its Endurance electric pickups in late-September. The comments come a day after Lordstown's chairman and CEO Steve Burns and CFO Julio Rodriguez resigned from the company. Strand called it a "new day" at Lordstown Motors. Embattled electric truck company Lordstown […]

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