BRUSSELS, Feb 26 (Reuters) – The European Commission proposed making 100 billion euros ($104.97 billion) available to support EU-made clean manufacturing, streamline public procurement processes, and simplify state […]
India: A billion people have no real money to spend, says report
A new report suggests that a billion people in India lack sufficient income to spend on discretionary goods or services. According to Blume Ventures, India’s consuming class, which […]
Dockworkers Approve New Labor Contract, Ending Strike Threat
Dockworkers on the East and Gulf Coasts have voted to accept a new labor contract, bringing an end to labor disputes that had threatened to disrupt U.S. trade. […]
US Consumer Confidence Dropped Sharply in February
Consumer confidence in the U.S. experienced a significant decline in February, marking the largest monthly drop since August 2021. The Conference Board Consumer Confidence Index® fell by 7.0 […]
Starbucks to Remove 13 Drinks from Menus as Part of Menu Overhaul
Starbucks is streamlining its menu by removing 13 less popular drinks in an effort to improve quality and operational efficiency. The decision comes alongside corporate layoffs and the […]
Morning Bid: Nvidia results offer window into AI spending
Investors are reassessing U.S. tech giants following the emergence of Chinese startup DeepSeek, whose AI technology reportedly matches the capabilities of early leaders at a lower cost. Nvidia’s […]
Southwest Airlines pilot’s quick action prevents disaster at Midway Airport
A Southwest Airlines flight narrowly avoided a collision with a business jet that had crossed into its path during an attempted landing at Midway Airport on Tuesday morning, […]
Crisis-stricken Stellantis sees revenue growth in 2025 after 70% drop in full-year profit
Stellantis, the multinational automotive conglomerate that owns brands such as Jeep, Dodge, Fiat, Chrysler, and Peugeot, has announced expectations of a return to revenue growth in 2025 following […]
Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
Tesla shares declined by 8% on Tuesday, nearly erasing the rally following Donald J. Trump’s election win. Investors had anticipated benefits from Elon Musk’s $250 million support for […]
Democrat Senators Question Elon Musk’s Plans with Sensitive CFPB Data
Democratic lawmakers, led by Massachusetts Senator Elizabeth Warren, held a forum addressing concerns over actions taken by the Trump administration and Elon Musk to neutralize the Consumer Financial […]