CBS News head calls threats against Gayle King for Kobe Bryant assault questions reprehensible

The CBS News chief called threats against journalist Gayle King “reprehensible” Saturday as backlash grew against rapper Snoop Dogg and others critical of King for an interview where she asked about a sexual assault charge against the late Kobe Bryant. Snoop Dogg had threatened King online this week following her interview with WNBA player Lisa Leslie about Bryant, the former […]

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Nirma to acquire Emami’s cement business for ₹5,500 cr.

Nuvoco’s total capacity to increase to 23.5 million tonnes Nuvoco Vistas Corporation Limited (Nuvoco), part of the Ahmedabad-based Nirma Group, has signed a binding agreement with the Emami Group to buy 100% equity stake in Emami Cement Limited (ECL) for an enterprise value of ₹5,500 crore. Emami Cement Ltd. operates one integrated cement plant in Risda, Chhattisgarh and grinding units […]

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Auto Expo 2020 | Maruti Suzuki unveils upgraded Ignis

Customers have shown preference for SUV-like vehicles, says company’s MD and CEO Kenichi Ayukawa. The country’s largest car maker Maruti Suzuki on Friday unveiled the upgraded version of its hatchback Ignis. “In India, Ignis has been appreciated by the customers for its efficient drivability and spacious interiors…Customers have shown preference for SUV-like vehicles. High seating, good road visibility and easy […]

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J&J ordered to pay $750M in baby powder verdict

A New Jersey state jury on Thursday ordered Johnson & Johnson to pay $750 million in punitive damages to four people who said their use of the company’s talcum powders caused a rare cancer, the latest legal loss for the health-care giant. The judge presiding over the trial, Ana C. Viscomi of New Jersey Superior Court, citing state law, said […]

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UniCredit swings to loss on one-offs

UniCredit SpA swung to a loss in the fourth quarter as one-offs and provisions weighed on the results and said it is considering a higher capital distribution. The quarter ended a strategic plan the bankUCG, +2.00% launched to tackle a number of issues, including a large pile of bad loans. Under the strategy, it cut costs and disposed of bad loans […]

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Facebook, Twitter, YouTube, Venmo demand AI startup must stop scraping faces from sites

Facebook joined YouTube, Twitter and payment service Venmo on Wednesday in demanding that a facial recognition company stop harvesting user images to identify the people in them, which the startup does as part of its work with police. Facebook FB, +0.13%  said it has demanded New York-based Clearview AI stop accessing or using information from its flagship site and Instagram. […]

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Electric vehicles, new SUVs energise Auto Expo 2020

Tata, Mahindra and Mahindra show off EV plans; many automakers skip this year’s fair. Electric vehicles and new models of conventional SUVs are in the spotlight at this year’s Auto Expo, being held here under the shadow of a prolonged demand showdown that has hit the industry. Billboards greeting car buffs and industry professionals to the various pavilions feature the […]

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Novo Nordisk posts fourth-quarter revenue beat

Danish pharmaceutical company Novo Nordisk AS (NOVO-B.KO) on Wednesday posted a forecast-beating rise in fourth-quarter revenue, helped by strong sales of its diabetes and obesity treatments. Net profit for the three months ended Dec. 31 rose to 8.72 billion Danish kroner ($1.29 billion) from DKK8.5 billion a year earlier, missing the DKK9.2 billion forecast by analysts in a FactSet poll. […]

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The Super Bowl is an American display of democratic socialism

On Sunday, Americans gathered with friends and family to watch Super Bowl LIV. Our professional sports leagues attract millions of viewers and generate billions of dollars in revenue. The U.S. has four major sports — football, baseball, basketball and hockey — while many other nations can support only one. When we speak about our professional sports, we are citing an […]

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