Amazon (AMZN), Booking.com, Expedia Group, Glassdoor, Tripadvisor, and Trustpilot have formed the Coalition for Trusted Reviews to stop fake reviews. The newly formed coalition of companies are from e-commerce, travel, employment and other industry and plan to work together against a common issue that affects across their industries, i.e. fraudulent […]
Read moreFamily Dollar Recalls Certain OTC Drugs, Medical Devices
Variety store chain Family Dollar, Inc., affiliated to Dollar Tree Inc., is recalling certain over-the-counter or OTC drugs and medical devices regulated by the U.S. Food and Drug Administration as they were stored outside of labeled temperature requirements. The retail-level product recall involves drugs and devices under multiple brands including […]
Read moreU.S. Stocks Move Lower As Jobs Data Adds To Interest Rate Worries
With much stronger than expected jobs data adding to recent concerns about the outlook for interest rates, stocks have moved mostly lower in morning trading on Friday. The major averages have all moved to the downside, although selling pressure has been somewhat subdued. Currently, the major averages are off their […]
Read moreU.S. Employment Jumps By 336,000 Jobs In September, Much More Than Expected
Indicating continued strength in the labor market despite aggressive interest rate hikes by the Federal Reserve, the Labor Department released a report on Friday showing employment in the U.S. surged by much more than expected in the month of September. The Labor Department said non-farm payroll employment shot up by […]
Read moreHow Amazon Works With Indian Railways
‘Building a whole product with the railways was challenging; we had to figure out how to load and unload a train when it stops for only about five minutes at a station.’‘We also helped them understand the revenues this would generate for them.’ Akhil Saxena, Vice President of Operations for […]
Read moreUS-led Coalition To Bolster Ukraine's Long-term Air Defense Capabilities
The United States will lead a newly formed coalition focused on developing Ukraine’s air force in a bid to bolster that country’s long-term capability to defend itself against Russian aggression. This was announced by Secretary of Defense Lloyd Austin after a meeting of the Ukraine Defense Contact Group, or UCDG, […]
Read moreU.S. Stocks Remain Mostly Lower After Early Pullback
After an early move to the downside, stocks are seeing continued weakness in afternoon trading on Thursday. With the downward move, the major averages have partly offset the rebound seen in the previous session. Currently, the major averages are off their lows of the session but still in negative territory. […]
Read moreFutures Point To Broadly Lower Open For Wall Street
The weekly Jobless Claims might be the highlight on Thursday. Early cues from the U.S. Futures Index suggest that Wall Street might open broadly down. Asian shares finished positive, while European shares are trading higher. As of 7.45 am ET, the Dow futures were declining 39.00 points, the S&P 500 […]
Read moreIndia’s jobless rate at 6-year low; wage employment share shrinks
India’s unemployment rate fell to a six-year low of 3.2 per cent in the July-June 2022-23 period, down from 4.1 per cent in the same period the previous year, according to the latest annual Periodic Labour Force Survey (PLFS) report. The report, released by the National Statistical Office (NSO) on […]
Read more‘We want to be No. 1 in affordable housing by FY26’
‘This segment has performed very well for us and this is reflected in our bounce rate which is about three to four per cent.’ Shriram Housing Finance crossed Rs 10,000 crore in assets under management in July this year. The housing finance company plans to get to a book size […]
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