COST Financial News
10.07 / 18:15
COST
UPS
Highways
German Government
German government wants ex-minister to foot $267 million bill for a failed highway toll plan
The German government is considering whether it can make former Transport Minister Andreas Scheuer foot at least part of the quarter-billion euro compensation it has to pay a private company over a failed plan to introduce highway tolls
10.07 / 18:15
10.07 / 18:15
COST
UPS
Citi
Aviat
Airlines
AIM
Mexican military to take over airports as president takes aim at corruption, mismanagement
Mexico’s armed forces are taking control of the capital’s main airport, and the government plans to give the military control of nearly a dozen more across the country as the president takes aim at corruption and mismanagement
10.07 / 18:15
COST
Discover
Minnesota officials say error in tax cut bill could cost taxpayers $352 million, but promised a fix
Minnesota officials discovered an error in a tax cut bill lawmakers passed this spring that could cost taxpayers $352 million over the next two years, but state leaders promised to fix it before it would take effect
10.07 / 18:15
COST
UPS
Disney
Patrick
‘Insidious 5’ topples 'Indiana Jones' before ‘Mission: Impossible’ launches
Indiana Jones’ reign atop the box office was short-lived
10.07 / 18:09
10.07 / 17:41
COST
UPS
Target
PwC
Fee pressures, interest rates could decimate asset management industry: PWC
The asset management industry is facing significant consolidation, with a prediction that one in six companies may disappear within the next four years as a result of market volatility, high interest rates and fee pressures.
10.07 / 17:41
COST
SEC
CEO
SVB
Financial
FDIC hit with $1.9 billion suit from SVB Financial
SVB Financial Group, the parent holding company of failed Silicon Valley Bank, has filed a lawsuit against the Federal Deposit Insurance Corp. in an attempt to recover $1.9 billion in cash that the regulator has withheld since taking over the bank in March.
10.07 / 16:56
10.07 / 16:45
COST
Ford
UAW
open
UAW will open contract talks with Detroit Three automakers
(Reuters) — The United Auto Workers union will open contract talks with Detroit's Three automakers starting Thursday ahead of the mid-September expiration of the current four-year labor deal.
10.07 / 15:45
10.07 / 15:33
COST
UPS
Career
Mobile
Enterprise
There are three major rates that leaders should track growth by
Experience, as Vernon said, is a hard teacher because it takes the test first and gives the lesson afterwards. Fortunately, first principles of leadership are fungible and can be learnt without paying the heavy price of experience. A few weeks ago, I had such a moment at the feet of a legendary mountaineer Gopal Sharma, known in the mountaineering fraternity as Guruji.
10.07 / 15:33
COST
UPS
LEGO
Apple
NVIDIA
To Drive AI, Chip Makers Stack ‘Chiplets’ Like Lego Blocks
The artificial-intelligence boom is pushing chip makers to speed up development of designs that stack chips together like high-tech Lego pieces. “Chiplets" can be an easier way to design more-powerful chips, according to industry executives who call the technology one of the most significant advances since the dawn of the integrated circuit more than 60 years ago. “A huge part of the future of semiconductors is packaging and chiplets," said IBM head of research Darío Gil in an interview.
10.07 / 15:33
COST
UPS
Target
FIVE
Digital
China’s economic slump poses wider supply risks
Red flags have risen over the prospect of petrochemical over-production in China, potentially causing a global glut of polymer supply. As many as 20 petrochem projects in the country are expected to be completed this year and its share of global capacity may reach nearly a quarter, up from 14% five years ago. These new facilities will produce inputs for an array of industries, such as plastics.
10.07 / 15:23
COST
UPS
Citi
Discover
Hasbro
Bearer of rare 'One Ring' card from 'Lord of the Rings' lore could fetch $2 million and face hefty tax bill
The One Ring that collectors were coveting this summer wasn't found in Hobbiton or deep in the tunnels of the Misty Mountains; nor was it discovered in the Elf stronghold of Rivendell, the realm of Gondor or even beyond the Black Gates of Mordor.
10.07 / 14:25
COST
UPS
Citi
Twitter
Strategy
Bitcoin
The Country With the Highest Murder Rate Now Has the Highest Incarceration Rate
El Salvador, long whipsawed by gang violence that made it one of the world’s most dangerous countries, turned things around by jailing huge swaths of its population. The country once known for having the world’s highest murder rate now has the world’s highest incarceration rate—about double that of the U.S. Since March 2022, President Nayib Bukele’s government has implemented a campaign to arrest en masse suspected members of the MS-13 and 18th Street gangs that have long terrorized the impoverished Central American nation, blocking economic growth and stoking U.S.-bound migration.
10.07 / 14:05
COST
Citi
FIVE
rights
acquires
MICL Real Estate acquires development rights of 10 housing societies in Mumbai’s Ghatkopar
MICL Real Estate has acquired development rights of a total 10 adjoining housing societies in Ghatkopar suburb of Mumbai. The company has acquired the rights to redevelop these housing societies through its subsidiary MICL Creators LLP wherein it holds 60% partnership interest. The project will be executed as a cluster redevelopment under regulation 33(9) of the Development Control Promotion and Regulation (DCPR), 2034.
10.07 / 13:59
COST
Citi
Citizens
VISA
Bitcoin
Golden Visa
From Maldives to Mauritius, the countries that could soon offer a Golden Visa
Astons, the world’s leading authority on residency and citizenship through investment, has examined the 13 new countries that are considering offering citizenship or residency by investment (CBI/RBI) programs and has selected the four that they feel offer the most alluring investment and lifestyle opportunities for investors.
10.07 / 13:33
COST
UPS
Target
Remark
CME
end
This is 'the end of the beginning' of the battle against inflation, economist says
Central banks are at «the end of the beginning» in their battle against inflation, as several factors keep core prices persistently high, according to top Societe Generale economist Kokou Agbo-Bloua.
10.07 / 13:33
COST
UPS
CEO
Fed likely to lift rates on July 26; how can it impact the market, rupee?
Anand Rathi Shares & Stock Brokers. A more hawkish Fed, however, can deal a blow to the market. Shey Jain, CEO and Founder of SAS Online believes the market's reaction to rate hikes can vary as it depends on factors such as the timing and magnitude of the hikes, as well as market expectations leading up to the decision.
10.07 / 13:33
COST
UPS
Citi
Apartment sale at 15-yr high in THESE 7 cities in Jan-Jun: JLL India
₹1 crore, rose by 50% during the January-June period to 50,132 units as against 33,477 units in the year-ago period across seven major cities on better demand for luxury properties, news agency PTI reported. The sales data included only apartments and excludes sales of rowhouses, villas, and plots, the JLL India said. The JLL said the overall, sales of apartments increased 21% in January-June across seven major cities to 1,26,500 units as against 1,04,926 units in the year-ago period. The overall January-June sales data is highest in 15 years in the first half of a year, the real estate consultant stressed.
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