Lufthansa Group plans to cut 4,000 jobs by 2030 amid digitization and cost pressures, as global airlines, including Spirit, announce major workforce reductions.
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More than two in five multinational companies plan to expand operations in India, driven by its fast-growing economy, large consumer base, and favorable trade reforms.
Abu Dhabi’s royal family and U.S. investors including Oracle, Silver Lake, Dell, and Fox are set to take majority control of TikTok’s $14B American arm.
Yale-trained Mody is founder and CEO of an Indian startup that makes plant-based leather from crop waste
OpenAI is set to lease $100 billion worth of Nvidia GPUs, with Oracle financing data centers, to scale its AI infrastructure and reach gigawatt capacity.
HSBC and IBM demonstrate the world’s first empirical evidence of quantum computing enhancing algorithmic bond trading, achieving up to 34% improvement with hybrid quantum-classical models.
Tether Holdings seeks up to $20 billion in funding, a deal that could value the stablecoin giant at $500 billion, rivaling SpaceX and OpenAI.
Spirit Airlines plans to furlough 1,800 flight attendants as part of cost-cutting measures amid its second bankruptcy in a year and shrinking flight network.
U.S. lawmakers urge the SEC to swiftly implement Trump’s executive order allowing cryptocurrencies and alternative assets in 401k retirement plans to expand investment options for Americans.
This incident has once again very vividly shown us that our stability and the lives we built in this country is just one press-conference away from collapsing
Ray Dalio warns soaring U.S. debt and deficits threaten the global monetary order, as national debt surpasses $37 trillion with rising risks to economic stability.
Spirit Airlines CEO Dave Davis announces job cuts and a 25% schedule reduction as the bankrupt carrier seeks stability through cost-cutting, fleet downsizing, and union negotiations.
President Trump seeks to redirect billions from Ivy League universities like Harvard into trade schools, sparking legal battles, settlements, and debate over funding workforce development.
The Tech Prosperity Deal strengthens UK-U.S. ties with £31 billion in AI, quantum, and nuclear investments, positioning Britain as a global hub for advanced technologies.
Ticket reseller StubHub raised $800 million in its IPO at a $8.6 billion valuation, marking its long-awaited stock market debut on the NYSE.
Dr. Debarag Banerjee, Chief AI & Data Officer at L&T Finance, shares insights on AI-driven lending, RODI, financial inclusion, and the future of agentic AI.
Elon Musk’s xAI cuts 500 data annotators in a controversial layoff, pivots to domain specialists, and faces leadership, stability, and political criticism.
A federal judge blocked Trump’s directive excluding undocumented children from Head Start, reaffirming the program’s legal protections and vital role in serving vulnerable families nationwide.
Amsterdam-based AI infrastructure firm Nebius surged after announcing a $17.4 billion multi-year deal with Microsoft to expand cloud computing capacity for AI workloads.
Tesla’s U.S. market share hits an eight-year low as rivals outpace its aging lineup, raising concerns over competitiveness despite Musk’s AI and robotics ambitions.
The SEC and CFTC launch a joint initiative on digital assets as Trump-era regulators push friendlier crypto policies, fueling Bitcoin and Ether’s record rallies.
Saudi Aramco plans a $3–4 billion sukuk issuance while advancing a $90 billion investment program across oil, gas, and petrochemicals to secure growth amid softening crude prices.
Spirit Airlines’ bankruptcy reshapes the airline sector, with reduced capacity boosting rivals like Frontier, American, Delta, and United, while investors weigh risks of consolidation and economic downturn.
Budget carrier Spirit Airlines files for a second Chapter 11 bankruptcy, struggling with debt, tariffs, and rebranding challenges while pledging to continue flying.
Byju Raveendran’s global troubles deepen as QIA seeks $235M enforcement in India amid U.S. bankruptcy disputes, asset freezes, and allegations of questionable tactics in the edtech giant’s collapse.