The U.S. population is older now than it has been since record keeping began. The median age in the United States is 38.2 years, up from 36.9 years a decade ago, and from less than 30 in the 1970s.  This trend is the result of several factors – both long […]

The Reserve Bank of India (RBI) has relaxed card-on-file data storage norms pertaining to guest transactions checkout, whereby now, apart from the card issuer and the card network, the merchant or its payment aggregator involved in the settlement of the transactions can save the data for a maximum of T+4 […]

Alameda, California-based Eat Just, Inc. is recalling select lots of JUST Egg Chopped Spring Greens products citing potential contamination with Listeria monocytogenes, the U.S. Food and Drug Administration said. The products subject to recall include Spring Green Flavor – Chopped Egg and Vegetables 6 x 12 oz. with case code […]

London (CNN Business)Nestlé hiked its prices by 6.5% in the first half of 2022 as it grapples with an “unprecedented” rise in costs. The world’s largest food company raised its prices the most in North America — a 9.8% increase — followed by Latin America at 9.4%, Nestlé said in […]

Earnings season is slowly gaining steam Alcoa, CSX Corp., Las Vegas Sands, Tesla as well as United Airlines will be reporting their quarterly results today. Home Prices have been spiking and reached an all-time high in June. Political and economic turmoil forced Italy’s Prime Minister Mario Draghi to submit his […]

Investors are pushing back more often against companies’ resolutions on what is paid out to top executives. In the first four months of financial year 2022-23 (FY23), there have already been five such rejections, according to shareholder voting data from tracker Adrian, a platform maintained by the proxy advisory firm […]

After two decades of being stuck in a trademark infringement suit, the Delhi high court gave a judgment in favour of Cadbury and restrained an Indian company from selling its products that are similar to Cadbury Gems. Justice Prathiba M Singh told an Indian company on Tuesday to pay Rs […]

New York (CNN Business)Ford shook off the impact of supply chain problems and limited vehicle inventory to post much better-than-expected profits and revenue in the second quarter. The number more closely watched by investors, its income excluding special items, jumped to $2.7 billion compared to the $510 million it earned […]

A report released by the National Association of Realtors on Wednesday showed existing home sales in the U.S. tumbled by much more than expected in the month of June. NAR said existing home sales plunged by 5.4 percent to an annual rate of 5.12 million in June after slumping by […]

The International Monetary Fund (IMF) on Tuesday slashed India’s growth forecast for 2022-23 (FY23) by 80 basis points to 7.4 per cent, citing less favourable external conditions and rapid policy tightening by the central bank. In its update to the April World Economic Outlook, the IMF said that though a […]