Shortage of semiconductors, price hikes pull January auto sales into red. Dec had seen sales grow for 1st time this FY, which dealers called a one-off. Retail sales of automobiles dropped by around 10 per cent in January to 1,592,636 units (two-wheeler, three-wheeler, passenger vehicles or PVs, commercial vehicles or CVs, and tractors) from 1,763,011 units a year ago. This […]
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Journalists around the world are being killed, imprisoned, and harassed for reporting the news and revealing injustice. The Biden administration’s promise to declassify a report on the killing of Jamal Khashoggi is an important step for the protection of journalists. I filed a lawsuit to expose a “hack and leak” operation led by Saudi leadership involving a network of American […]
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Coca-Cola topped Wall Street's estimates for its fourth-quarter earnings but fell short on its revenue. The company's business has been hit hard by the coronavirus pandemic. The crisis has accelerated its workforce restructuring and portfolio transformation. Coca-Cola on Wednesday said that the coronavirus pandemic is still hurting its sales, but cost-cutting efforts helped it top analysts' earnings estimates. The company […]
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Former TD Ameritrade CEO and chairman Joe Moglia’s SPAC announced plans to acquire fintech OppLoans. OppLoans, now known as OppFi, facilitates small-dollar personal loans to credit-challenged consumers. OppFi is looking to facilitate more than just personal loans, building out in areas like credit cards. Visit the Business section of Insider for more stories. TD Ameritrade’s former top executive has found […]
Read moreAmazon unveiled a proposed design for the second phase of its Arlington, Virginia headquarters, which includes sustainable buildings surrounded by nature. The technology giant submitted its development plans for new construction for HQ2, designed by architecture firm NBBJ. According to the company, Arlington headquarters is a long-term investment, with commitment to create 25,000 jobs and $2.5 billion investment in Arlington […]
Read moreEuropean stocks rose for the third straight session on Wednesday amid expectations of a vaccine-powered strengthening of activity later in the year and additional policy support in a few large economies. Strong earnings from Alphabet and Amazon.com also boosted sentiment. The pan European Stoxx 600 rose half a percent to 408.12 after gaining 1.3 percent on Tuesday. The German DAX […]
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Retail investors may safely invest in shorter-duration funds, suggests Sanjay Kumar Singh. The one-year returns of different categories of debt funds are broadly in line with their average duration — longer-duration funds and gilt funds have performed the best, followed by medium-to-long-duration funds, with shorter-duration funds bringing up the rear. However, investors must avoid choosing debt funds based on past […]
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In celebration of Black History Month, the Animation Guild (IATSE Local 839) and the Black Artists Group will host a webinar on February 16 that will explore the contributions of Black animation pioneers. The discussion, titled Drawing Ourselves: Being Black in Animation, will feature the personal journeys of panelists Everett Downing Jr., co-director of the Oscar-winning animated short Hair Love; […]
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A report released Tuesday shows the emissions from use of fossil fuels is responsible for one in five deaths around the world — significantly more than was previously thought. The study shows that burning fossil fuels have dire implications for the health of human beings, in addition to being a major contributing factor in climate change. "Our study adds to […]
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