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Detroit carmakers are announcing more layoffs that they blame on fallout from the United Auto Workers strike

Following a lawsuit that alleges Stanford University received millions of dollars in donations from FTX Trading, the school says it will return the funds of all gifts collected from the now-collapsed cryptocurrency exchange

The rally in equities since the October lows has been hailed by many commentators as the start of a new bull market, but even a 20-plus per cent move can be a normal feature of a protracted bear market. This is nothing we have not seen before, having experienced 20-plus per cent rebounds in the 2000/02 and 2007/09 bear markets. Every bear market in the past, as an aside, had a reflexive rally off the oversold lows that followed the first leg down. So please, let’s not hyperventilate.

Kane Brown is coming up with ‘In The Air Tour’ and has unveiled 29 tour dates for 2024. The tour kicks off on March 28 at John Paul Jones Arena in Charlottesville, Virginia, and ends on September 14 at Globe Life Field in Arlington, Texas, with five stadium shows, including a return to Fenway Park in Boston. Notably, Brown previously made history at Fenway Park as the first Black artist to sell out a headlining show there.Brown's In The Air Tour features openers like Tyler Hubbard, Jon Pardi, Chris Young, Bailey Zimmerman, Cole Swindell, Parmalee, LOCASH, and RaeLynn on different dates. Earlier this year, Brown completed the international leg of his Drunk or Dreaming Tour, covering cities like Sydney, London, Amsterdam and Berlin. He also received the international award at the ACM Honors celebration in Nashville. Having recently achieved his 10th Country Airplay No. 1 hit with «Bury Me in Georgia,» Brown is set to release his new single, «I Can Feel It,» on September 21. The song samples Phil Collins' drum solo from his 1981 Billboard Hot 100 hit «In The Air Tonight.» Collaborating with Brown on the songwriting are Phil Collins, Gabe Foust, and Jaxson Free.

₹21.6 crore compensation, including ₹14.28 crore for damages to the airline’s reputation due to flight cancellations, rescheduling and grounding, ₹6.96 crore for loss of operational profits, and ₹36 lakh related to the pilots’ training agreement. Separately, the airline has also approached the civil aviation regulator, Directorate General of Civil Aviation.

The Dogecoin price has risen as high as $0.063254 today, with the meme token now sitting on a 1% gain in the past week.

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Yashobhoomi conference complex in Dwarka is all set to be commissioned this October, marking a significant milestone in India's pursuit of world-class exhibition and convention facilities. Officials have announced that a Korean operator has been selected to manage the exhibition halls and convention center under a revenue-sharing model.

Aditya L1 Mission: The Aditya-L1 spacecraft, India's first solar mission, lifted off successfully on 2 September, carrying seven different payloads designed for a detailed study of the Sun. As per the latest update from ISRO, Aditya-L1 performed the Trans-Lagrangean Point 1 Insertion (TL1I) manoeuvre successfully and the spacecraft was now in a trajectory that will take it to the Sun-Earth L1 point.

₹15 crore, while a virtual network operator’s entry fee is ₹7.5 crore. While some telecom service providers have called for the entry fee to be abolished, the telecom regulator has suggested a 50% reduction, saying it could cause more companies to enter the market as service providers, enhancing competition. A reasonable entry fee would maintain a balance between deterring non-serious players and ensuring adequate competition.

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Motilal Oswal Financial Services questions whether US generics will reverse the tide for the pharmaceutical companies given that the market's prospects have recently improved. According to the brokerage in the report, from the perspective of incremental business, the US generics market continues to be a product-specific play. This would effectively deliver growth while also offsetting the deterioration in the base portfolio.

Vande Bharat Express, which would be Odisha's second such train, was conducted on Wednesday, officials said. The train left the Puri station at 5 am to reach Bhubaneswar at 6.05 am, and left after five minutes for the onward journey.

Lawyers for collapsed cryptocurrency exchange FTX Trading are accusing Sam Bankman-Fried's parents of exploiting their influence over their son and the company he founded to enrich themselves by millions of dollars

A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change, a new report says

Nevertheless, any possible nuclear fuel solutions for ships are at least 10 years away they added.Shipping accounts for nearly 3% of global CO2 emissions and the industry is under pressure from investors and environmentalists to find cleaner fuel solutions, which include ammonia, methanol and wind. Nuclear energy has been used in the past to power military submarines and icebreakers, although its use by merchant ships has been constrained partly by the cost, but also due wariness by insurers of providing cover for ships going into commercial ports without more understanding of the risks involved. A survey in May by the International Chamber of Shipping association said nuclear fuel was being viewed with more interest than in 2021, with some seeing nuclear-powered commercial ships being viable within the next decade. Small and mass-produced reactors, which are envisaged to be fitted onboard ships, are less powerful and consume less nuclear fuel than traditional nuclear sites. «The development of the fourth modular nuclear reactors generation is paving the way for possible future applications on board of ships,» a spokesperson with Italy-based shipbuilder Fincantieri said, referring to the smaller nuclear plants. «At the moment, several technology providers are dealing with manufacturing of prototypes, the development processes of which are at different levels of maturity, envisaging more or less a decade before completing proof of concepts.» Fincantieri was «interested in following the evolution of these technologies which may result in significant contribution to the decarbonisation of ships related to our core business», which is cruise liners, naval ships and specialised vessels, the spokesperson added. Italy's RINA,

Federal Reserve convened for its much-anticipated two-day monetary policy meeting. All three indexes ended the session lower in a broad sell-off ahead of the Fed's interest rate announcement on Wednesday, which is expected to culminate in a decision to leave key interest rates unchanged. «It's a big set up coming into tomorrow and markets are clearly focused on any change in communication from the Federal Reserve,» said Bill Northey, senior investment director at U.S. Bank Wealth Management, Helena Montana, who expects «intense focus on the Fed's perspective on inflation in the post-meeting press conference.» «Broad inflation readings have shown marked progress over the last year,» Northey added.

Food ordering business Ordermentum, whose digital system is used by 40,000 pubs, clubs and cafes, has raised $16 million in fresh capital to drive growth as value-seeking diners head to pubs rather than higher-end restaurants.

Signature Global (India) plans to raise up to ₹730 crore through an initial public offering. The IPO comprises an issue of fresh shares of ₹603 crore and a sale of shares worth ₹127 crore by existing shareholders. Of the proceeds from the sale of fresh shares, ₹264 crore will be used to reduce debt and ₹168 crore will be invested in subsidiaries to reduce their debt, the company has said. The promoter group's stake will fall to 69.2% after the IPO from 78.4%.

Canadian Prime Minister Justin Trudeau. While Canada said it had raised the matter with France, it is unlikely that Paris will raise the matter with India or issue a statement. The US expressed concern at the allegations and said it is critical for the perpetrators to be brought to justice. «We are deeply concerned about the allegations referenced by Prime Minister Trudeau,» White House National Security Council spokesperson Adrienne Watson said in a brief statement. A spokesperson for Australia's foreign minister Penny Wong said Canberra's concerns had been conveyed to New Delhi at «senior levels». «Australia is deeply concerned by these allegations and notes ongoing investigations into this matter,» the spokesperson said in a statement.