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President Biden praised what he called the “historic tentative agreement" that the United Auto Workers and Ford struck late Wednesday as a testament to collective bargaining. Perhaps, but the real test will be whether Ford can stay competitive, especially amid the government-forced electric-vehicle transition. UAW President Shawn Fain’s strategy of staging strikes at select plants operated by all three Detroit auto makers appears to be paying off.

green card queue, the majority are in the EB-2 and EB-3 categories. There is a high chance that the backlog for these categories will grow further in 2024. The US Citizenship and Immigration Services (USCIS) website mentioned the inventory of employment-based adjustment of status applications for EB-2 and EB-3 categories from India is significantly high for the fiscal year 2024 and beyond (October 1, 2023 - September 30, 2024).

Social Pill has won the social media mandate of PJC Foundation, the not-for-profit foundation arm of Parle Agro. As per the company, the mandate won is based on the strong creative and strategic expertise of the agency.

Urban Vault, one of the leading managed office space providers in India, has announced the addition of 10,000 desks across major micro-markets of Bengaluru as part of the company’s strategy to expand its portfolio to meet the rising demand for flexible workspaces.

Zerodha Fund House on Wednesday (October 25) announced the launch of its maiden funds – Zerodha Nifty LargeMidcap 250 Index Fund and Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund, open-ended, passive, index equity mutual fund schemes. The NFO opened on 20th October 2023 and will remain open till 3rd November 2023. 

Co-working startup Innov8 has announced that it will double its footprint in the ongoing financial year FY 2023-2024. The company added 5 new centres in key business cities in India in early 2023 and is all set to inaugurate 5 more centres in the current quarter.

Kotak Mahindra Asset Management Company has launched the Kotak Consumption Fund, an Open-Ended Scheme that will invest in equity, equity-related securities of companies engaged in consumption and consumption-related activities. The New Fund Offer (NFOR) of the scheme opened for subscription on October 25, 2023, and it will close on November 8,  2023. 

Brokers with cent accounts facilitate real-time trades but require a smaller capital, given that all metrics are denominated in cents. Experts at Traders Union point out that the primary distinction between a standard and a cent account lies in the displayed nominal value. For example, a $10 deposit in a cent account will show a 1,000-cent balance, representing the available trading funds.

Baby Step 1: Set aside $1,000 as your initial emergency fund. Establishing a strong financial base before embarking on investments is of utmost importance. This involves eliminating all debts except for mortgage-related ones and creating a well-funded emergency reserve equivalent to three to six months’ worth of expenses.

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Reliance Jio Infocomm Limited on Friday demonstrated India’s first satellite-based giga fiber service called JioSpaceFiber to provide high speed broadband services to previously inaccessible geographies within India at India Mobile Congress 2023. Jio has partnered with SES to access its medium earth orbit (MEO) satellite technology, the only MEO constellation capable of delivering truly unique Gigabit, fiber-like services from space, it said in a statement. Jio has so far connected four remote locations – Gir (Gujarat), Korba (Chattisgarh), Nabrangpur (Odissa), and ONGC in Jorhat (Assam) to demonstrate the new service. “Jio has enabled millions of homes and businesses in India to experience broadband internet for the first time.

Canadian Armed Forces (CAF) also needs to better incorporate “information operations” into their efforts to counter misinformation, and must co-ordinate with “other instruments of national power” during a time of so-called hybrid warfare.The document — which is not an official strategy or policy, but instead offers “guidance” — was released over the military’s internal communications network on Wednesday, and Global News obtained a copy through a source.It calls for a drastic reimagining of how the CAF views warfare ahead of the Liberal government’s long-awaited defence policy update, and while the CAF’s top brass are warning they are not prepared to properly address modern threats.The guidance document suggests that two adversaries — Russia and China — already believe themselves to be “at war” with Canada and its allies, and that those allies need to respond appropriately.“We must remember that Russia and China do not differentiate between peace and war,” Gen. Wayne Eyre, Canada’s Chief of the Defence Staff, wrote in the foreward to the document.“Their aim is not just regime survival, but regime expansion and a rewriting of the rules-based international order to their ends.

Federal Reserve’s commentary on interest rates and economy when it meets next week. MCX December gold futures were trading flat at Rs 60,955 per 10 gram, up by Rs 3.

Day trading guide for stock market today: Dalal Street continued to bleed for the sixth straight session on Thursday as FIIs sold out Indian shares worth ₹7,702 crore. However, DIIs provided big support to the Indian stock market as they bought shares worth ₹6,558 crore on the previous session.

Honasa Consumer Ltd, which is set to launch its initial public offering (IPO) on October 31, will continue to have its flagship beauty and personal care brand Mamaearth at the core of its growth strategy, cofounder and chief innovation officer Ghazal Alagh said. She said Mamaearth will focus on offline sales to fuel its next phase of growth, while other brands will retain their focus on online sales.

Swaraj Engines, a leading company in the automotive industry, has announced its financial results for the second quarter of fiscal year 2024. The company reported a 1.08% increase in revenue and a 4.99% increase in profit compared to the same period last year. This growth demonstrates the company's strong performance and ability to generate positive returns.

₹7,702.53 crore on Thursday; local institutions stepped in with purchases worth ₹6,658.45 crore, enabling the broader markets to recover from their intraday lows. With the indices falling below key levels, the investment strategy has shifted from ‘buy on dips’ to ‘sell on rise’, a market expert said. The decline in benchmark indices was led by heavyweight HDFC Bank, which neared its 52-week low.

The company did not attribute any reason for the revenue fall and loss in its RoC filings. An email sent to the company remained unanswered till Thursday press time.

London | Macquarie has staged a forced retreat from a £665 million ($1.27 billion) takeover bid for European waste management group Renewi, after the target refused to play ball.

Bain’s Australian office has delayed the start dates of its roughly two dozen new joiners until as late as October next year and will not confirm when they commence until “early 2024”, a sign the strategy consulting firm remains uncertain about its future workload.

With the market for listed real estate investment trusts at historic lows, financial advisors may want to dust off the real estate allocation in clients’ portfolios and begin to expand that position.