Solar panels stand at the Welspun Energy solar power plant in Neemuch, Madhya Pradesh, India. Vivek Prakash | Bloomberg | Getty Images This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what […]
A brand-new Honda Pilot is displayed on the sales lot at Honda Marin in San Rafael, California, on Feb. 6, 2024. Justin Sullivan | Getty Images DEROIT — Honda Motor and yet-to-be-named joint venture partners plan to invest $11 billion in Ontario, Canada, to create a “comprehensive EV value chain,” the Japanese automaker announced Thursday. […]
Former film producer Harvey Weinstein appears in court at the Clara Shortridge Foltz Criminal Justice Center in Los Angeles, California, October 4, 2022. Etienne Laurent | Pool | Reuters Harvey Weinstein’s 2020 rape conviction was overturned Thursday in New York, making way for a new trial. The state Court of Appeals found that the judge […]
Patchareeporn Sakoolchai | Moment | Getty Images BlackRock, the largest asset manager, has launched a new product to help workers access their retirement savings through a regular income stream that mimics a paycheck they receive during their working years. Experts say that while the new choice could be helpful, its success will be defined by […]
Every year, millions of new students are pumped into the student loan system while current borrowers struggle to exit it. This year, the Biden administration’s new student loan forgiveness plan could start clearing debt for millions of borrowers as soon as this this fall — just as incoming college freshmen start racking up new balances […]
Last night data security firm Rubrik priced 23.5 million shares at $32, above the price talk of 23 million shares at $28-$31, raising $752 million. Rubrik is the first tech unicorn IPO since last fall. But Rubrik is only one of several companies going public in the next two weeks. Marex Group, a UK-based financial […]
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones. Original news source Credit: www.cnbc.com
The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squibb on Thursday reported first-quarter revenue that topped expectations as its blockbuster blood thinner Eliquis and several new drugs posted sales growth. But the pharmaceutical company […]
