UPS Financial News

By Nathan Layne, Alexandra Ulmer and Gram Slattery

Inflation has changed the way many Americans shop

The U.S. and Britain have struck 18 Houthi targets in Yemen

That, in a nutshell, is the story of Wham!, the British pop duo, and its two stars, George Michael and Andrew Ridgeley. It's a story that director Chris Smith tells in a Netflix documentary, which is nominated in Sunday's EE British Academy Film Awards, known as the BAFTAs. Other contenders in the documentary category include «Still: A Michael J. Fox Movie,» about the actor's battle with Parkinson's disease; and «American Symphony,» a year in the life of musician Jon Batiste.

Anand Mahindra recently met Uber CEO Dara Khosrowshahi during the latter's visit to India. Mahindra shared his thoughts on their meeting on X (formerly Twitter), recalling their initial encounter at Davos a few years ago. At that time, Mahindra said he had harbored doubts about Khosrowshahi's tenure at Uber and the company's longevity. Reflecting on their conversation, Mahindra stated, «I must confess that I wondered how long he would stay at the company & indeed, how long Uber would survive.» However, Mahindra acknowledged the significant transformation that Khosrowshahi has led within Uber since then. He commended Khosrowshahi for steering the company towards profitability and cultivating a corporate culture focused on discipline and efficiency. Mahindra noted that Uber's market capitalization has soared to around $170 billion, illustrating the success of Khosrowshahi's leadership. Mahindra expressed his pleasure at reconnecting with Khosrowshahi, whom he described as having the «Midas Touch.» In response to Mahindra's post, Khosrowshahi expressed his appreciation for the opportunity to meet Mahindra again. He praised Mahindra's leadership style, emphasizing the importance of values and purpose in driving success. Khosrowshahi attributed the accomplishments to the entire team at Uber, highlighting their collective effort in achieving milestones.

9-1-1 Season 7, Bobby (Peter Krause) and Athena (Angela Bassett) face a honeymoon-turned-nightmare scenario as they grapple with a colossal emergency during their getaway. TV Insider provided an exclusive glimpse into the chaos that ensues, with Bobby desperately searching for Athena on a sinking cruise ship. The episode promises a high-stakes interruption to their vacation, and the sneak peek offers a closer look at the intensity of the unfolding events.

Ritchie Brothers Auctioneers (RBA) has delivered a robust financial performance in the fourth quarter, with a 13% increase in gross transaction value (GTV) on a pro forma combined basis. The company's focus on operational excellence and driving efficiencies has resulted in significant cost synergies following the integration of IAA.

Coterra Energy Inc. (ticker: NYSE:CTRA) reported a robust fourth quarter in 2023, surpassing its guidance for oil, natural gas, and barrels of oil equivalent (Boe) while adhering to its capital expenditure framework.

Noble Corporation (NE), a leader in offshore drilling, has reported a strong finish to the year in its fourth-quarter earnings call. The company announced an adjusted EBITDA of $201 million for the quarter and generated $165 million in free cash flow.

Barings BDC, Inc. (NYSE:BBDC) has reported a positive close to the year in its latest earnings call, highlighting an increase in net investment income, a consistent dividend payout, and a rise in net asset value (NAV) for the quarter and year ended December 31, 2023.

₹ 50 lakh insurance to settle his mountain of debt, India Today reported. The Fatehpur police said the accused, Himanshu, was addicted to online gaming on an app called Zupee and accumulated a debt of a significant amount due to repeated losses. Himanshu allegedly stole his family's jewellery and used the money to buy life insurance policies worth ₹50 lakh each for his parents.

Mint. India imposed a ban on onion exports last December amid concerns over domestic production shortfall caused by irregular rainfall, pushing prices up. The ban is in place until the end of the ongoing financial year.

₹2,000? Do I have the products required? If the booking checked these four boxes, she’d accept it. Else, she would ignore it. “That was the only way to ensure that I made money on each booking," said the 43-year-old beautician, who requested not to be named for fear of being blacklisted by the company.

By Tim Reid, Gram Slattery and Nathan Layne

oil and gas giants including IndianOil, ONGC and GAIL (India) have been slapped fines for the third straight quarter for failing to meet listing norm requirements of having the requisite number of directors on their board. Stock exchanges have fined oil refining and fuel marketing giant Indian Oil Corporation (IOC), explorers Oil and Natural Gas Corporation (ONGC) and Oil India Ltd (OIL), gas utility GAIL, and refiners Hindustan Petroleum Corporation Ltd (HPCL) and Mangalore Refinery and Petrochemicals Ltd (MRPL) a cumulative Rs 32.5 lakh, stock exchange filings showed. In separate filings, the companies detailed the fines imposed by the BSE and NSE for either not having the requisite number of independent directors or the mandated women director in the third quarter ended December 31, 2023, but were quick to point out that appointment of directors was done by the government and they had no role in it. The companies had faced fines for the same reason in the previous two quarters as well.

Dabur India Ltd as it saw comparatively better rural demand. Still, this does not imply that a rural recovery is on the cards as Dabur’s rural growth comes on the back of distribution expansion. In general, the benign commodity cost environment meant increasing competition from local players in some categories.

Your web browser is the portal through which you shop, check email, draft work memos, watch videos and more. You spend most of your computer time in it, yet you probably aren’t using it to its full potential. Artificial-intelligence enhancements can prevent tab overload and help you draft messages.

Rayza Sison went to a flea market in New York this month with five $100 bills. One by one, vendors refused to take her money, saying they couldn’t make change or only accepted digital payments through Venmo or Zelle. Determined to break the bills, the 26-year-old senior program coordinator tried using them at coffee shops and then her local fruit stand.

Stratolaunch conducted its second "captive carry" test flight of what it hopes will become a reusable hypersonic vehicle, it said on Saturday, as the Pentagon presses ahead with development of new hypersonic weapons. The Stratolaunch Talon-A was loaded with live propellant and carried aloft by the Spirit of Mojave, a modified Boeing 747-400 with dual fuselages, on a more than four-hour flight going over the Pacific Ocean.

GST Council is likely to soon clarify that Real Estate Regulatory Authority (RERA) will not be required to pay Goods and Services Tax (GST), an official said. According to the official, RERA, which functions as a regulator as well as facilitator for the realty sector, is covered under Article 243G of the Constitution dealing with powers, authority and responsibilities of panchayats. RERA was set up in different states to ensure transparency in real estate projects, protect the interest of consumers and to establish an adjudicating mechanism for speedy dispute redressal. The official said that after discussions with RERA functionaries about the nature of their function it was decided that GST is not applicable on them.

On January 2, 2024, he was sacked by Birmingham City. He had resigned as Derby County manager in 2022 after relegation to League One, and parted ways with DC United in 2023 after they failed to qualify for the playoffs. The out-of-work Liverpool-born Manchester United star forward might be considering stepping into the boxing ring now. Rooney is not alone in ambiguity over a second career. A 2021 FIFPRO survey had concluded that two out of three professional footballers are not sure what they will do when they stop playing.