Business

Zepto’s IPO Hopes Were Chilled by Investors Looking for Profitability

Public markets demand a path to profitability before they buy in

McDonald's names company veteran Skye Anderson as its U.S. president as growth in its largest market slows

McDonald's new U.S. President Skye Anderson has been with the company for 26 years and succeeds Joe Erlinger in the role.

Trump Fed chair’s inflation strategy: leave it to the market | Eduardo Porter

Kevin Warsh would rather stay out of the fray – and thus devalue the Fed’s credibility as an economic steward It must feel strange to argue that government action is inevitably counter-productive – illegitimate even – when the government…

Eli Lilly Ripe for Stock Split After Obesity Drug-Fueled Rally

Wall Street’s appetite for weight-loss drug stocks over the past four years has powered Eli Lilly & Co. to consistently trade above $1,000 per share. Now, some see the pharma giant’s stock as primed for a split.

Nvidia, Dell Back AI Cloud Startup Volta at $2.4 Billion Value

Volta Infra Holdings Ltd., a new artificial intelligence cloud company, has raised $300 million in venture funding and secured an additional $5 billion worth of financing to help a wider mix of technology companies gain access to costly AI…

Trump and Republicans brand Democrats ‘communists’ amid progressive push

President Donald Trump and Republican allies are escalating attacks that label Democrats communists after progressive candidates won elections and primaries.

The trade-off of graduating college early: No debt, but no job?

Students who graduate early still enter a tough job market. Here’s how to make sure that fast-tracking school doesn’t compromise your career.

The stock market’s brutal summer reset is finally over. Here is why Citadel Securities says it is time to buy again.

Citadel Securities strategist Scott Rubner said markets have gotten a “technical reset” and is ready to recommend buying stocks again.

25 states sue Trump administration over forced labour tariffs

Twenty-five U.S. states sued Donald Trump's administration Monday over tariffs issued to root out forced labour in global supply chains, calling them a pretext for replacing import taxes the Supreme Court struck down in February .

Bending Spoons to Buy Software Firm Airtable For $2.3 Billion

App developer Bending Spoons SpA has agreed to buy software firm Airtable for an equity value of $2.25 billion, a sharp decline from the startup’s 2021 peak valuation.

India paves way for return of merchant fees on digital payments

Tourists from 64 countries can visit Russia using e-visa — prime minister

According to Mikhail Mishustin, the permitted period of stay in Russia has almost doubled from 16 to 30 days