Usa Financial News

Indian-origin executive died in the US, days after he was assaulted during an altercation outside a restaurant in downtown Washington. According to investigators, officers responded to the 1100 block of 15th Street Northwest outside Shoto Restaurant around 2 am for an assault on February 2. Once officers arrived, they found Vivek Taneja on the pavement. He was taken to the hospital with life-threatening injuries. A preliminary investigation found that Taneja and an unknown man were involved in a verbal argument that turned physical, WUSA, a television station in Washington, DC, affiliated with CBS, said. Taneja was knocked to the ground and hit his head on the pavement. He died from his injuries at the hospital on Wednesday. Police are now investigating Taneja's death as a homicide.

UN experts say they are investigating 58 suspected North Korean cyberattacks between 2017 and 2023 valued at approximately USD 3 billion, with the money reportedly being used to help fund its development of weapons of mass destruction. And the high volume of cyberattacks by North Korean hacking groups who report to the Reconnaissance General Bureau, North Korea's primary foreign intelligence organization, is reportedly continuing, the panel of experts said in the executive summary of a new report to the UN Security Council obtained Friday by The Associated Press.

ONGC's numbers in the third quarter on a year-on-year basis. However, the state-owned oil and gas company is expected to have a steady quarter on a sequential basis. Here's what to expect from ONGC's Q3:

As elevated valuations cap the upside in the broader market, smallcap rally was subdued but steady with 52 stocks gaining in double digits during the week. Mid and smallcaps had witnessed strong rallies over the past few months thus making valuations a little stretched.

ITC shares are likely to underperform in the near term amid the overhang of excess supply stemming from a likely stake sale by British American Tobacco (BAT), possible risk from two budgets in one year, and a slowdown in tobacco volume growth, analysts said. The stock price has come down 13% in the past one month but is still double compared with a year earlier. On Friday, the shares ended flat at ₹415.50 on the BSE.

The Nifty Small-cap 250 dropped 1.3% and the Nifty Mid-cap 100 declined 0.9%, while the Nifty Public Sector Enterprises (PSEs) index slipped 2.7%. All three indices erased a portion of the losses earlier in the trading session tracking the rebound in the benchmark indices — Sensex and Nifty, which ended 0.3% higher.

career event” recently? Perhaps you were a casualty of “corporate outplacing,” the unfortunate, yet ostensibly necessary result of your company “rightsizing.” Managers are running out of ways to say you no longer have a job. Layoffs in the first month of 2024 have left tens of thousands in the United States without jobs, with the tech industry alone cutting 32,000 roles. The way the bad news is delivered is more important than ever, as companies fear being canceled on social media after a poorly executed final conversation. Executives are using all kinds of euphemisms to avoid being straightforward with their employees.

Benjamin Netanyahu has ordered the army to prepare to «evacuate» hundreds of thousands of Palestinians from Gaza's Rafah, his office said Friday, after Washington warned it would not support any ground assault on the city. The show of defiance against Israel's main ally came after President Joe Biden issued his strongest criticism yet of Netanyahu's conduct of the war, warning the response to Hamas's October 7 attack had been «over the top». Netanyahu told military and security officials to «submit to the cabinet a combined plan for evacuating the population and destroying the battalions» of Palestinian militant group Hamas holed up in Rafah, a statement from his office said.

Honolulu: The US Geological Survey said Friday that a magnitude 5.7 earthquake struck just south of the Big Island of Hawaii. The earthquake, which the USGS initially reported as magnitude 6.3 before downgrading it, was centered 11 miles (18 kilometers) south of Naalehu, Hawaii, at a depth of 6 miles (10 kilometers). The Pacific Tsunami Warning Center said no tsunami was expected. Some shaking could be felt in Honolulu on the island of Oahu which is about 200 miles (322 kilometers) to the north.

wrote. Musk's comment was followed by the Delaware Court of Chancery's Judge Kathaleen McCormick's remark on the Tesla CEO's $56-billion salary. Judge McCormick termed called it "an unfathomable sum".

Q3 results today on February 10: Investors will be on edge with some of the major companies releasing their Q3 earnings. A slew of companies, including ONGC, Divis Labs, Aurobindo Pharma, and Multi Commodity Exchange of India (MCX), will be the focus today as they release their Q3 results.

Check all the Pakistan Election Results 2024 Live Updates here on LiveMint.Former Pakistani prime ministers and bitter rivals Nawaz Sharif and Imran Khan on Friday both declared victory in elections marred by delayed results and militant attacks, throwing the country into further political turmoil.Sharif's party won the most seats by a single party in Thursday's election, but supporters of imprisoned Khan, who ran as independents instead of as a single bloc after his party was barred from the polls, won the most seats overall.The United States, Britain and the European Union on Friday separately expressed concerns about Pakistan's electoral process in the wake of a vote on Thursday and urged a probe into reported irregularities.

Trump ballot disqualification bid gets sceptical US Supreme Court reception "Every single Biden attack on gun owners and manufacturers will be terminated my very first week back in office, perhaps my first day," Trump said in a speech to thousands of supporters at the Great American Outdoor show in Harrisburg, Pennsylvania. Donald Trump not immune from prosecution in 2020 Capitol attack case The NRA enthusiastically backed Trump during the 2016 race and throughout his administration, cheering him on as he appointed three conservative justices to the Supreme Court and adopted a series of steps sought by the influential gun lobby.

Gold rate today: On account of hawkish rhetoric from various US Fed officials and the resilience of the US dollar index on stimulus buzz ahead of the US presidential elections this year, gold prices continue to trade sideways for yet another week. In the week gone by, the gold futures contract on the Multi Commodity Exchange (MCX) for April 2024 expiry ended at ₹62,303 per 10 gm level whereas in the international market, the precious yellow metal finished at $2,024 per ounce.

Donald Trump, the Republican frontrunner in the 2024 presidential race, said on Friday that if re-elected he would reverse all the gun restrictions enacted by President Joe Biden. Speaking to thousands of supporters at an event organized by the National Rifle Association (NRA), Trump vowed to rescind a rule restricting sales of gun accessories known as pistol braces and other restrictions put in place by the Biden administration.

Pakistan's electoral process in the wake of a vote on Thursday and urged a probe into reported irregularities. The main battle was between former prime minister Nawaz Sharif's party and candidates backed by ex-prime minister Imran Khan. Both declared victory separately.

Moody's downgraded Israel's credit rating Friday due to the impact of its ongoing conflict with Hamas in Gaza, lowering it by one notch from A1 to A2. In a statement, Moody's said it had done so after assessing that "the ongoing military conflict with Hamas, its aftermath and wider consequences materially raise the political risk for Israel as well as weaken its executive and legislative institutions and its fiscal strength, for the foreseeable future." The ratings agency also lowered its outlook for Israel's debt to "negative" due to "the risk of an escalation" with the far more powerful Lebanese militant group Hezbollah that operates along its northern border.

‘My memory is fine’: Biden hits back after report cites age concerns The White House directly targeted special counsel Robert Hur, a Republican who was appointed by then-president Trump to be US attorney for the District of Maryland in 2017. But it was Biden's own attorney general Merrick Garland who named Hur as special counsel in the documents case. Hur and his team identified several reasons why they weren’t recommending charges against Biden and what his defenses during a potential trial might be, including that he has a frail memory.

Interest in sustainable investing among individual investors globally is surging – and American investors are leading the way on several fronts, according to a new report from Morgan Stanley.

Lisa Frankenstein, a modern take on Mary Shelley’s classic, debuts in the US. Directed by Zelda Williams and penned by Diablo Cody, the film explores a twisted romance set in the 1980s.

Robert De Niro, the American actor and producer was in utter shock and disbelief after the death of his grandson in the past year from an accidental drug overdose situation. The 80-year-old star of 'Killers of the Flower Moon' has informed about the sudden loss of Leandro De Niro Rodriguez, his grandson last year. As per the medical examiner in New York City, the cause of death Rodriguez was the «toxic effects of fentanyl, bromazepam, alprazolam, 7-amino clonazepam, ketamine, and cocaine». He was 19 years old at that time.