Business
October 04, 2024
5 views 5 mins 0

NSE, ex-MD settle case with Sebi for Rs 643 crore

MUMBAI: NSE and nine of its former senior executives, including earlier MD Vikram Limaye, have settled a case with Sebi over allegations that brokers bypassed a trading access point to enable faster trades for Rs 643 crore. This is the largest settlement order in Sebi’s 36-year history. In addition to the settlement amount, eight officials […]

Business
October 04, 2024
6 views 9 mins 0

Should you tip even if the service wasn't worth it?

Getty Images It’s the end of a meal out and you’ve been presented with the bill. Suddenly the pleasure of the food you’ve just eaten is replaced by a faint wave of anxiety as you realise you’ve got to work out how much to tip. If you tip too little will you face the wrath […]

Business
October 04, 2024
9 views 3 mins 0

Rivian shares fall after EV maker slashes production forecast, misses Q3 delivery expectations

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters Shares of Rivian Automotive dropped by as much as 8.9% in intraday trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and […]

Business
October 04, 2024
6 views 5 mins 0

Stellantis files federal lawsuit against UAW union over strike threats

Carlos Tavares, chief executive officer of Stellantis NV, speaks to the media at the Stellantis auto manufacturing plant in Sochaux, France, on Thursday, Oct. 3, 2024.  Nathan Laine | Bloomberg | Getty Images DETROIT — Stellantis is suing the United Auto Workers, escalating a monthslong battle between the trans-Atlantic automaker and American union, CNBC has […]

Business
October 04, 2024
6 views 5 mins 0

Zillow adds climate risk data to home listings as threats rise

Insured losses for Hurricane Helene are now estimated at over $6 billion, but the uninsured losses are far higher. That’s because the vast majority of homes impacted by the storm, especially in hard-hit North Carolina, did not have flood insurance. New risk-assessment technology is designed to help change that for the future. Most homeowners in […]

Business
October 04, 2024
5 views 6 mins 0

Red Lobster’s new CEO breaks silence over the downfall of the endless shrimp

Your support helps us to tell the story Find out moreClose Our mission is to deliver unbiased, fact-based reporting that holds power to account and exposes the truth. Whether $5 or $50, every contribution counts. Support us to deliver journalism without an agenda. Red Lobster’s new 35-year-old CEO is opening up about the restaurant chain’s […]

Business
October 04, 2024
4 views 4 mins 0

Ex-Harrods exec: I lost my job due to Al Fayed

A long-serving former Harrods executive has claimed that his offer to become boss of the department store chain Fenwick was withdrawn because of his time working under Mohamed Al Fayed. Al Fayed, who owned the luxury London store for more than two decades, has been accused of sexual assault or rape by more than 20 […]

Business
October 04, 2024
8 views 2 mins 0

Mortgage rates spike after stronger-than-expected jobs report

The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government’s monthly employment report. The rate is now 6.53%, according to Mortgage News Daily. That is 42 basis points higher than Sept. 17, the day before the Federal Reserve cut its benchmark rate by half a percentage […]