Business
Boeing Will Pay $6.6 Million To Settle FAA Allegations
Federal regulators have imposed $5.4 million in civil penalties against Boeing for violating terms of a $12 million settlement in 2015, and the aircraft maker has agreed to pay another $1.21 million to settle two current enforcement cases.
Biden Directive Expands Jobless Aid To More Unemployed
Unemployed Americans who have turned down job offers because they feared their prospective employers weren't providing sufficient protection from the coronavirus would qualify for jobless aid under a directive the Labor Department issued Thursday.
Robinhood Added 6 Million Crypto Users In Last Two Months
Online brokerage Robinhood on Thursday said 6 million new users signed up for its cryptocurrency services in the first two months of 2021 amid higher retail trading volumes and sharp rises in the prices of cryptocurrencies like Bitcoin and Dogecoin.
Wall Street Tumbles On Tech Selloff As Bond Yields Climb
Wall Street's main indexes dropped on Thursday, with the Nasdaq on track for its worst day in four months, as technologyrelated stocks remained under pressure following a rise in U.S. bond yields.
Benchmark Yields May Jump to 6.4% by March 2022: Report
The yields are likely to rise from 5.82 per cent now to 6 per cent by the end of March this year, the report by Acuit Ratings said on Thursday.
Facebook Says It Will Pay $1B Over 3 Years To News Industry
Facebook, following in Google's footsteps, says it plans to invest $1 billion to "support the news industry over the next three years.
Govt Has to Increase Infrastructure Spend, Will Crowd in Private Investment: RBI Guv Shaktikanta Das
Union Budget 2021 announcements for physical infrastructure spending are targeted significantly higher in FY22 compared with previous years.
Stocks Rebound On Powell Policy Remarks, Oil Gains
A gauge of global equity markets rebounded in a latesession rally on Tuesday after U.S. Federal Reserve Chair Jerome Powell calmed fears of rising interest rates that have roiled bonds and helped spur assets linked to expectations of a strong recovery.
S&P 500, Dow Close Higher In Late Session Turnaround
Wall Street reversed course late Tuesday, with the S&P 500 and the Dow whipsawing to positive territory by the closing bell in a tugofwar between stocks that thrived amid lockdowns and those that stand to benefit most from a reopening economy.
Oil Holds Near Year-long Highs As COVID-19 Lockdowns Seen Easing
Oil prices were steady on Tuesday, trading close to more than yearlong highs on signs that global coronavirus restrictions were being eased although concerns about the pace of a U.S. economic recovery and the return of Texas oil production kept gains in c...
Italy To Push Ahead With Monte Dei Paschi Sale Under Draghi - Source
Italian Prime Minister Mario Draghi's new government aims to deal with problem bank Monte dei Paschi by pushing ahead with plans to reprivatise the lossmaking lender, a source close to the matter said.
India's Exports to China Up 16.15% to $20.87 Billion in 2020
Trade deficit with China has declined 19.39 per cent from USD 56.95 billion in 2019 to USD 45.91 billion in 2020 as the country's imports from the neighbouring country contracted 10.87 per cent to USD 66.78 billion from USD 74.92 billion in 2019, the data...
Here's List of Top Government Schemes to Invest in 2021
If you are looking for risk-free investments that come with tax benefits, then here are some schemes that you can consider investing in.
Bharti Airtel, GAIL, Jubilant Food Works: Top Stocks for Investors on February 18
On February 17, the BSE Sensex declined 400.34 points or 0.77 percent to close at 51,703.83, whereas the NSE Nifty fell 104.60 points or 0.68 percent to settle the day at 15,208.90.
Stocks Retreat From Record Highs As Big Tech Slides; Yields Slip
A gauge of global equity markets pulled back on Wednesday from the record high hit in the previous session as investors sold technologyrelated companies and the prospect of rising inflation tempered optimism around a vaccineled global economic recovery.
Elon Musk's SpaceX Raises $850 Million in Fresh Equity Funding: Report
SpaceX raised the funds at $419.99 a share and the latest funding round represents a jump of about 60% in the company's valuation from its previous raise, which valued it at $46 billion, the report said.