UPS Financial News

Several humanitarian aid organizations have suspended operations in Gaza after an Israeli airstrike killed seven World Central Kitchen workers

The Biden administration approved a new wind project off the Massachusetts coast Tuesday that is large enough it will provide more electricity than the state’s former coal-fired generating station

Donald Trump is suing two co-founders of Trump Media & Technology Group, the newly public parent company of his Truth Social platform, arguing that they should forfeit their stock in the company because they set it up improperly

A failed Australian taxi-industry disruptor has told a court that Uber began illegally operating its ridesharing service in Australia a decade ago to gain an unfair advantage over competitors

Stocks had their worst day in four weeks, as Wall Street hits the brakes on what’s been a nearly unstoppable romp

TikTok and its ownership came up as a topic of conversation in the call between US President Joe Biden and his Chinese counterpart Xi Jinping on Tuesday, the White House said, adding Biden raised American concerns about the app's ownership. In March, the US House of Representatives overwhelmingly voted to pass a bill giving ByteDance, the Chinese company that owns TikTok, about six months to sell the US assets of the app or face a ban, citing national security concerns. Senators are still undecided on how to proceed.

Markets regulator SEBI has mandated KYC (Know Your Client) compliance for investors before starting investments in a mutual fund scheme. WHAT IS THE PROCESS FOR COMPLETING KYC BEFORE STARTING MF INVESTMENTS? To open a folio for investing in a mutual fund, an investor has to fill up the KYC form and attach valid proof of identity (POI) and proof of address (POA) documents as prescribed. The fund house or a SEBI-registered entity (SRI) will open a folio or an account and register the documents with one of the KRAs (KYC Registration Agencies) if not available in any of the KRA records. Valid POI documents include Aadhaar, passport, driving licence, voter ID card, NREGA job card or any other document notified by the Union government in consultation with the regulator. It is important to note that from April 1, bank statements or utility bills will not be considered as officially valid documents to complete the KYC process.

FTX founder Sam Bankman-Fried shortly after the cryptocurrency exchange's collapse in part because they secured the cooperation of its chief software engineer, one of the prosecutors said on Tuesday. Speaking five days after Bankman-Fried was sentenced to 25 years in prison, Assistant U.S. Attorney Thane Rehn said former FTX Chief Technology Officer Gary Wang's assistance was key to helping investigators understand how Bankman-Fried stole $8 billion in customer funds.

Okinawa. "Tsunami waves of up to 3 meters were expected to reach large areas of Japan's southwestern coast," according to the Japan Meteorological Agency, which put the quake magnitude at 7.5, as per Reuters report. Additionally, a powerful earthquake with a magnitude of 7.2 struck offshore Taiwan on the same day, shaking the capital city of Taipei and prompting tsunami warnings for the islands of southern Japan and the Philippines.

SEC Commissioner Hester Peirce criticized her own agency and its controversial staff accounting bulletin, SAB 121, during Tuesday remarks at the Practicing Law Institute’s 2024 SEC Speaks annual event, claiming the federal agency is “scaring people off.”

On a day where blue-chip crypto markets are trading with a bearish bias, investors are scouring altcoin markets for strong performers that could be the best crypto to buy today.

Dividend stocks: Shares of Ashok Leyland Ltd, Iykot Hitech Toolroom Ltd, Shiva Cement Ltd, and Sunrise Efficient Marketing Ltd will be in focus when the stock market opens on April 3 (Wednesday). The Board of Directors of the 4 companies have declared an interim dividend, rights issue, and bonus issue for their eligible shareholders. The record date by the 4 companies to ascertain the eligibility of shareholders for their respective issues has been fixed on April 3.

Stock market today: Both the domestic equity benchmarks, Sensex and Nifty 50, halted their three-day winning streak, as the 30-share benchmark plummeted by 110 points. The 30-share BSE Sensex declined by 110.64 points or 0.15 per cent to settle at 73,903.91. Meanwhile, the broader NSE Nifty dipped 8.70 points or 0.04 per cent to 22,453.30.

Comedian Joe Flaherty, a founding member of the Canadian sketch series SCTV, has died at the age of 82.

Lionel Messi's Inter Miami will take on Liga MX giants Monterrey in CONCACAF Champions Cup quarter-finals. The midweek match will not be a regular MLS game. The quest for the maiden regional silverware for Messi's side is on. Inter Miami vs Monterrey Concacaf Champions Cup match is scheduled to kick off at 8 pm ET at Chase Stadium in Fort Lauderdale, Florida, on Wednesday, April 3. Inter Miami vs Monterrey Concacaf Champions Cup quarter-finals will be live streamed on TUDN USA and Fox Sports 1.

Justin Trudeau says the government wants to rein in the number of temporary immigrants coming to the country, saying the situation needs to be brought “under control.”“Whether it’s temporary foreign workers or whether it’s international students in particular, that have grown at a rate far beyond what Canada has been able to absorb,” Trudeau said at a housing announcement in Dartmouth, N.S.“To give an example, in 2017, two per cent of Canada’s population was made up of temporary immigrants. Now we’re at 7.5 per cent of our population comprised of temporary immigrants.

public sector banks (PSBs) on offering stock options to eligible employees, rekindling hope for this longstanding demand of the lenders. The proposal to offer employee stock ownership plans or ESOPs, has been on the backburner for a while but it may advance after the Lok Sabha polls, said people familiar with the development. “There have been talks with government last month on issues pertaining to PSBs, including ESOPs,” abank executive said, adding that lenders will soon present a framework to the government. A government official told ET that discussions were preliminary and any decision on the proposal would be taken after polls.

Cement producers across the country are set to hike prices by an average of Rs 10-15 per bag this month, even as demand is seen subdued due to a slowdown ahead of general elections. While price hikes could be sharper in some regions, including southern India, dealers do not see these sustaining and expect hikes of only around Rs 10-20 to hold up. Cement prices have corrected for five months in a row now, and average prices for the March quarter are 5-6% lower as compared to the December quarter, with price cuts sharpest in east and south India.

liquefied natural gas is catalysing energy companies and auto majors to gear up to serve the long-haul LNG trucking segment. To cater to these medium and heavy commercial vehicles, oil marketing companies are planning to expand the compressed natural gas dispensing infrastructure in their fuel retail outlets to dispense LNG. They are planning to set up LNG retailing outlets along major national highways. «Setting up of an LNG station will cost anywhere up to ₹8-₹12 crore. A fuel retail outlet costs only up to ₹1.5 crore. We are evaluating options to maximise investment and expand CNG dispensing stations to include LNG,» said a senior executive from an oil marketing company.

ALSO READ: World markets today: US stocks fall led by healthcare shares During the quarter, Tesla lost production time in Germany after a suspected arson attack cut its power supply. Deliveries of the Models 3 and Y, dropped 10.3 per cent year-on-year to 369,783. Sales of other models, the aging X and S and the new Cybertruck, rose almost 60 per cent to 17,027.

The stock market gave 401(k)s a 19% boost last year. Inflation cooled. Still, lots of people feel no closer to hitting their magic number for retirement.