President Financial News
21.12 / 12:35
markets
CEO
Strategy
Software
Tesla
Bill
President
Trump-Musk friendship won't last long? Seth Meyers' 'disastrous' end prediction for the alliance
Seth Meyers, host of NBC's ‘Late Night,’ took aim at the dynamic between Elon Musk and Donald Trump during his Thursday segment, ‘A Closer Look.’ The American comedian has said that US President-elect's friendship with the Tesla CEO is destined for failure. Meyers didn’t really believe in the duration of their relationship; he was certain that there was no way the relationship could last long before it would burst at the seam. “It’s just a question of how and when,” he remarked. ALSO READ: Elon Musk challenges government with a cryptic post after US House passes urgent funding bill to avert shutdown
21.12 / 11:09
markets
Election
trends
Trade
President
Experts
2025: A tale of two halves; ICICI Bank, Zomato among Motilal Oswal’s top 10 picks
Motilal Oswal Financial Services, which sees consolidation in the first six months while a recovery in the next. The brokerage remains upbeat on the prospects of these 10 stocks viz. ICICI Bank, HCL Technologies, Larsen & Toubro (L&T), Zomato, Nippon Life India Asset Management, Mankind Pharma, Lemon Tree, Polycab, Macrotech Developers, Syrma SGS — calling them as top bets of next year. “The year 2025 could unfold as a tale of two halves. The first half may continue to see market consolidation, while a recovery could take place in the second half. Indian markets are likely to face significant influences from a combination of global and domestic economic events. The anticipated rate cut by the RBI in February 2025, the ongoing trend of US rate cuts, and the expectations surrounding trade policy changes post Donald Trump taking over as US President in Jan’25 will contribute to market volatility.
21.12 / 09:37
UPS
Provident
Election
Bill
President
voice
How a routine spending bill turned Washington upside down
Subscribe to enjoy similar stories. WASHINGTON—There was much to celebrate when House Speaker Mike Johnson walked into Mar-a-Lago to meet with President-elect Donald Trump just after the November election. But there was also pressing business, including a deadline to reach a government-spending deal.
21.12 / 06:31
Refugees
President
War
Diversity
country
The West auditions Syria’s new leaders
Subscribe to enjoy similar stories. Europe and the U.S. are trying to navigate an awkward choice in Syria: work with Islamists long designated as terrorists in the West or risk ceding influence to the countries that will.
21.12 / 05:05
UPS
security
Research
Bill
President
social
reports
The Latest: Schumer says Senate on course to pass bill before funding lapses at midnight
With hours to go before a midnight government shutdown, the House has approved a new plan from House Speaker Mike Johnson that would temporarily fund federal operations and disaster aid, but dropped President-elect Donald Trump’s demands for a debt lim...
21.12 / 03:49
UPS
Provident
Fox
President
social
International
Nationwide Amazon strike expands to Staten Island warehouse workers: 'Will not be stopped'
Teamsters General President Sean O'Brien calls on Amazon to provide better pay for its union members and 'negotiate' just days before a busy holiday rush.
21.12 / 02:35
21.12 / 02:35
21.12 / 01:53
UPS
Racing
Election
Trade
President
War
Trump tells EU to buy U.S. oil and gas or face tariffs
U.S. president-elect Donald Trump has warned the EU that it must commit to buying “large scale” amounts of U.S. oil and gas or face tariffs, in his first trade salvo against Brussels since his election victory.
20.12 / 23:35
CEO
Strategy
President
country
information
National Bank gets final approval for Canadian Western Bank takeover
National Bank of Canada’s $5-billion takeover of Canadian Western Bank has cleared its final regulatory hurdle.
20.12 / 20:35
20.12 / 19:59
markets
UPS
Reuters
President
reports
Interviews
Donald Trump, Inflation, Economic uncertainty - Why are US Fed policymakers worried?
inflation as their comments echo Fed chief Jerome Powell's call for caution. The US Fed policymakers, fresh from an interest rate cut this week, fleshed out on Friday the case for reducing borrowing costs more slowly next year as they assess progress in lowering inflation and the impact of tariffs and other policies promised by President-elect Donald Trump, Reuters reported. San Francisco Fed President Mary Daly, who supported the U.S. central bank's decision on Wednesday to cut its benchmark overnight rate by a quarter of a percentage point to the 4.25 per cent-4.50 per cent range, and Cleveland Fed President Beth Hammack, who dissented against it, both said the meeting's outcome was a «close call.» Daly and two other Fed policymakers who spoke on Friday said they felt the central bank would likely resume its rate-cutting next year, but signaled they would take their time doing so now that, as Daly put it, the «recalibration phase» is over, as per Reuters report. «We're in the next phase, and that next phase is really looking at the incoming information,» Daly said in an interview with Bloomberg Television.
20.12 / 19:25
20.12 / 17:03
markets
Software
President
Experts
DAL
Schools
Schools in Haryana to remain closed following former Haryana CM OP Chautala's death
Chaudhary Om Prakash Chautala. The government has declared a three-day state mourning from Friday as a mark of respect to former chief minister Om Prakash Chautala who passed away in Gurugram. «The state government has decided to observe a three-day state mourning… that is December 20-22. During this period, the national flag will fly at half-mast throughout the state on all buildings where it is flown regularly,» an order issued by Haryana chief secretary's office said. It said all state government functions stand cancelled and there will no official entertainment during this period.
20.12 / 15:55
UPS
Trade
President
War
social
reports
Donald Trump urges EU to purchase US oil and gas or face tariffs
In his latest trade war threat, the incoming GOP president spoke out against Brussels via his account on social media site Truth Social. In the post, Trump said: «I told the European Union that they must make up their tremendous deficit with the United States by the large scale purchase of our oil and gas. Otherwise, it is TARIFFS all the way!!!» Trump inflationary risks force economists to temper Fed rate cut expectations — reports Many members of the incoming Trump administration, including the president-elect, reiterated the ‘drill baby drill' mantra during the presidential cam...
20.12 / 15:31
markets
security
Mobile
Software
President
social
Congress leaders detained during protest in Guwahati over death of party worker
Raj Bhawan Cholo protest earlier this month. Assam Chief Minister Himanta Biswa Sarma accused a few Congress leaders of attempting to create law and order issues, claiming they were trying to escalate tensions in Guwahati. «A couple of Congress leaders are trying to create problems,» Sarma said, adding that the protest was part of an effort to incite violence. Among those detained by the police were Congress State Unit President Bhupen Borah, Executive President Zakir Hussain, former APCC President Ripun Bora, APCC Social Media Chairman Ratul Kalita, and MLA Diganta Burman. They were taken to the 10th Police Battalion in Kahilipara for questioning.
20.12 / 14:43
markets
Digital
Strategy
Software
President
Interviews
Nitish to lead charge in 2025 Bihar assembly polls: NDA
Nitish Kumar as its leader in the assembly polls due next year. Speaking to the media after a meeting held here to bring about better coordination at the grassroots level, state presidents of parties including the BJP, Kumar's JD(U) and Union minister Chirag Paswan's Lok Janshakti Party (Ram Vilas) also rubbished suggestions triggered by Union Home Minister Amit Shah's recent statement. Dilip Jaiswal, state minister and Bihar BJP chief said, «We should understand that Amit Shah was trying to underscore that he was a 'karyakarta' (worker) of a party in which big decisions are taken by the parliamentary board». «But, the leadership role of Chief Minister Nitish Kumar had been a given for long. There is no question of going back on that,» asserted Jaiswal.
20.12 / 12:45
Target
Action
President
students
country
cover
Department
More student loans canceled in Biden's final round of forgiveness before leaving office
The Biden administration says it is canceling federal student loans for another 55,000 public service workers through an existing forgiveness program
20.12 / 12:45
Progressive
Fox
CEO
President
Pride
country
Colleges
Starbucks workers plan strikes that could spread to hundreds of US stores by Christmas Eve
Workers at Starbucks stores plan to go on a five-day strike starting Friday to protest lack of progress in contract negotiations with the company
20.12 / 12:11
markets
Google
CEO
Software
President
Experts
Inside
Google Layoffs: Sundar Pichai announces major job cuts in these top roles amid threat from OpenAI
Google CEO Sundar Pichai to the company's employees in an all-hands meeting on Wednesday, reports Business Insider. The changes were made by the Google over the past couple of years to simplify the company and be more efficient, two people said on the condition of anonymity. A Google spokesperson told the Business Insider that some employees whose positions had been cut would be «transitioned to individual contributor roles», while some others were «role eliminations». ALSO READ: Elon Musk, Sundar Pichai rave over Willow, Google's new 'mind-boggling' quantum computing chip. 'It's so cool', say netizens
20.12 / 10:53
markets
UPS
Digital
Manufacturing
Software
Food
President
Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant
Haldiram Snack, a leading player in the packaged food industry, will invest Rs 300 crore in Bihar to set up a manufacturing unit, said a company official here on Friday. The company, which manufactures sweets, namkeen, bhujia, snacks and other food items, has signed an MoU (memorandum of understanding) with the Bihar government to make an investment of Rs 300 crore, said its Vice President Sanjay Singhania. «We are setting up a manufacturing plant for sweets, namkeens and snacks in Bihar. We will be investing Rs 300 crore,» Haldiram Snacks Pvt Ltd Vice President Sanjay Singhania told PTI on the sidelines of Bihar Business Connect 2024. The Agarwal family-promoted company has acquired a 12-acre land at Sikanderpur in Bihta to set up this plant.
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