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Business

TikTok CEO Expresses Gratitude Toward Trump Following Supreme Court Decision

TikTok CEO Shou Zi Chew thanks former President Donald Trump for his support in keeping TikTok available in the US, amidst a Supreme Court ruling upholding a ban that the Biden adm...

Business

SEC Slaps Vanguard with Over $100M Fine for Misleading Investors on Tax Implications

The SEC has fined Vanguard over $100M for misleading investors about tax implications related to capital gains distributions in retirement funds, emphasizing the importance of tran...

Business

Tesla Slashes Autopilot Price in Canada by 65%, Making Advanced Driving Features More Accessible

Tesla has reduced the price of its basic Autopilot feature in Canada by 65%, from C$4,000 to C$1,400, making advanced driving features more accessible. A similar price drop is anti...

Business

ICICI Lombard Reports a Stunning 68% Surge in Q3 Net Profit to Rs 724 Crore

ICICI Lombard announced a 68% increase in Q3 net profit to Rs 724 crore, despite a slight decline in gross direct premium income. The solvency ratio remains strong at 2.36x, above ...

Business

FTC Takes Legal Action Against PepsiCo for Alleged Pricing Discrimination Practices

The FTC has sued PepsiCo for illegal price discrimination, alleging the company favored a large retailer with discounts while increasing prices for others, potentially harming comp...

Business

Tech Mahindra's Q3 Net Profit Skyrockets by 93%: A Deep Dive into Expanding Profit Margins

Tech Mahindra's Q3 net profit surged by 93% to Rs 983 crore, driven by a low base last year and improved cost management. CEO Mohit Joshi emphasizes sustainable growth and efficien...

Business

Supreme Court Upholds TikTok Ban: What’s Next for ByteDance and US Users?

The US Supreme Court has upheld a ban on TikTok unless ByteDance divests it. The app's future is uncertain, with new user sign-ups to be blocked next week. President-elect Trump ma...

Business

India's Economic Growth Slows Down: IMF Revises Growth Projections

The IMF reports a significant slowdown in India's economic growth, revising projections to 6.5% until 2026 due to industrial deceleration. Global growth is also expected to slow, w...