Optum executive Karan Gupta convicted in $1.2 million ghost employee fraud and money laundering scheme in United States.
Browsing: Finance
Warner Bros rejects Paramount’s $30 bid, favors Netflix merger, seeks final offer before February 23 deadline.
Nexo returns to the US after regulatory clashes, partnering with Bakkt to relaunch crypto-backed lending and yield products.
Adani Group commits $100 billion to build AI-ready data centers in India over the next decade and power India’s AI future.
Indian American executive’s background in high-tech industrial manufacturing to play a key role at leading logistics solutions firm
Warner Bros. Discovery reconsiders Paramount Skydance bid, creating uncertainty for Netflix amid high-stakes media merger tensions.
Indian American executive to steer strategy and innovation for the AI-powered financial automation platform
Anthropic raises $30 billion in Series G funding to expand AI research, infrastructure, and Claude Code enterprise growth.
ByteDance advanced plans $6–7 billion sale of Moonton to Savvy Games Group, signaling major gaming industry shift.
Disney agrees to $2.75 million settlement in California over CCPA violations and complicated consumer data opt-out practices.
Kraft Heinz pauses breakup plans, invests $600 million to drive U.S. turnaround and restore profitable growth.
Adani Enterprises confirms OFAC probe into alleged Iran-linked transactions, says cooperation ongoing with no penalties imposed.
US jury orders Uber to pay $8.5 million after sexual assault lawsuit, a bellwether case with nationwide implications.
Alphabet beats earnings, but heavy AI infrastructure spending outlook unsettles Wall Street despite strong Google Cloud growth.
Pizza Hut plans to close 250 U.S. stores in 2026 amid Yum Brands’ strategic review and industry-wide restaurant closures.
Indian American AV market strategist’s appointment signals a major strategic shift toward a driverless future
Elon Musk’s net worth surges after SpaceX–xAI merger, reshaping AI, space innovation, and trillion-dollar tech ecosystems.
Darden Restaurants will close all remaining Bahama Breeze locations nationwide, ending the Caribbean-themed chain after declining sales.
PayPal shares plunge after CEO exit and weak 2026 forecast, raising concerns over growth, strategy, and retail slowdown.
Elon Musk’s unconventional merger of SpaceX and xAI raises questions about valuation strategy, AI–space synergies for a historic IPO.
Trump retreats from critical minerals price floor plans amid funding constraints, market volatility, and congressional challenges.
Starbucks removes CEO jet cap for Brian Niccol, citing security threats, increased scrutiny, and enhanced executive safety measures.
Yale University announces free tuition and full financial aid for undergraduates from families earning under $100,000.
Amazon cuts 16,000 more corporate jobs, totaling 30,000 layoffs, as AI adoption and restructuring reshape operations.
Google agrees to pay $68 million to settle a privacy lawsuit over alleged Google Assistant voice recording violations.

