US indicts Chinese container firms and executives over alleged price-fixing conspiracy that disrupted global trade during the supply crisis.
Browsing: Business
Schlitz Beer production ends after 177 years as rising costs and changing consumer habits challenge America’s historic brewing brands.
Amazon faces backlash after 33,181 H-1B certifications surfaced despite 30,000 layoffs, reigniting debate over foreign hiring practices.
SEC proposes major IPO rule overhaul easing compliance norms, aiming to revive public listings and boost Wall Street activity.
Meta lays off 10% workforce, offers expanded severance as company restructures teams and boosts massive AI investments globally.
Anthropic hires OpenAI co-founder Andrej Karpathy, intensifying AI industry competition as leading firms race for top research talent.
Wadhwani Foundation and Gates Foundation partnered to expand India’s innovation ecosystem through research commercialization, startups, healthcare technology, and AI collaboration.
Inter IKEA, which franchises the Swedish furniture brand, is laying off 850 workers as part of a cost-cutting move
Meta detailed its layoffs plan for May 20 in a memo shared with employees on Monday, as the company accelerates its push into artificial intelligence
Standard Chartered plans over 7,000 job cuts worldwide as the bank accelerates artificial intelligence adoption and automation initiatives.
Google and Blackstone launch $5 billion AI infrastructure venture targeting cloud computing, data centers and growing enterprise AI demand.
Elon Musk plans appeal after jury rejects OpenAI lawsuit, ruling claims against Altman and Microsoft were filed too late.
NextEra’s $66.8B Dominion acquisition creates America’s largest regulated utility amid soaring AI-driven electricity demand
Announced at the SelectUSA Investment Summit, the hub aims to drive Indian innovation into Silicon Valley.
Amazon faces criticism after alleged 10,781 H-1B visa applications spark debate over immigration, layoffs and American tech jobs.
Salesforce plans $300 million Anthropic token spending as AI boosts coding productivity, despite pausing software engineer hiring in 2025.
Shein plans $100 million Everlane acquisition as debt pressures mount, sparking debate over sustainability and fast fashion expansion.
Amazon employees are discussing fresh layoffs online as the company announces more job cuts in its company amid ongoing restructuring
Satya Nadella revealed Microsoft prepared a $25 billion backup plan after Sam Altman’s sudden removal from OpenAI leadership.
Indian American doctor, firms probed for alleged birth tourism services amid U.S. concerns over visa fraud and national security.
Starbucks cuts 300 U.S. corporate jobs while reviewing global workforce as CEO Brian Niccol continues restructuring strategy.
Indian American executive to lead risk and compliance software provider’s global growth strategy.
Indian American economist lauded for pivotal role in enhancing debt transparency, sustainability, and restructuring for low- and middle-income countries.
NYC Mayor Zohran Mamdani urged regulators to block Western Union’s Intermex acquisition, warning immigrant families.
Adani case fallout raises questions about Trump-era justice, global anti-corruption enforcement, and the growing politicization of American legal authority.