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AMERICAN BUSINESS
Warren Buffett steps down as Berkshire Hathaway chairman, named chairman emeritusWarren Buffett has stepped down as Berkshire Hathaway chairman, effective immediately. He will now serve as chairman emeritus, retaining bo...- Quote of the Day by Willa Cather: ‘Only solitary men know the full joys of friendship. Others have their family; but to a solitary and an exile his friends are everything’Quote of the Day by Willa Cather: Willa Cather eloquently illustrates how friendship serves as a comforting refuge for those feeling isolat...
- Microsoft CEO Satya Nadella lauds Seattle tech community's strengthening ties with IndiaNadella was the guest of honour at a special event organised by the Consulate General of India in Seattle under the leadership of Consul Ge...
- Powerus and Pakistan: The optics problem with a Trump-linked dealAmerican drone company Powerus' deal with Pakistan's army involves initial drone orders and potential joint ventures for local manufacturin...
- In 1894, Mark Twain’s business empire collapsed; the writer who made money from words had lost a fortune betting on a machine to print themMark Twain invested heavily in the Paige Compositor typesetting machine. This investment contributed to his significant financial difficult...
- US weekly jobless claims unexpectedly fallUS unemployment claims dropped unexpectedly last week, though this may reflect holiday volatility. The underlying labor market trend shows ...
- US drone maker Powerus signs Pakistan Army MOU, gets initial orderUS drone maker Powerus has signed an MoU with the Pakistan Army that includes an initial order for unmanned aerial systems, co-founder Bret...
- US-Canada trade war heats up: Trump signs memo to exclude Canadian products from federal procurementUS President Donald Trump has directed his administration to identify and remove Canadian-origin goods from the US federal civil procuremen...
- Delivery app iFood to invest $4.7 billion in Brazil through March 2027The company will direct spending across four areas: strengthening restaurant operations, expanding new delivery categories such as pharmaci...
- 'They laughed us out of the room': In 2000, Netflix founders wanted to sell the company to Blockbuster for $50 million. Today, it is worth hundreds of billions of dollarsIn the year 2000, Blockbuster famously spurned a $50 million deal from Netflix, a fledgling company struggling for survival. Fast forward t...
- In 1967, Ralph Lauren started with a $50,000 loan and one line of neckties; that small tie business became a multibillion-dollar global fashion empireRalph Lauren began his business with a modest loan and a bold idea for neckties. This initial venture evolved into a vast lifestyle and fas...
- H-1B should not exist to replace American workers with low-wage foreigners: JD VanceUS Vice President JD Vance defended changes to the H-1B visa program. He stated the administration seeks highly skilled workers, not displa...
- Trump's man at the UN: Senate leader's son-in-law tapped to lead World Food Programme amid deepening global hunger crisisUnited Nations Secretary-General Antonio Guterres has accepted Luke Lindberg as the nominee for World Food Programme leadership. Lindberg, ...
- Stage being set for levying UPI transaction fee: Cong slams govtCongress criticizes the government's UPI transaction notification. The party claims this move sets a stage for future user fees. This notif...
- Benjamin Franklin's powerful quote of the day: 'Never ruin an apology with an...' - American polymath's inspiring life lesson on remorse and accountabilityBenjamin Franklin's powerful quote of the day: A remarkable figure in American history, Benjamin Franklin was a polymath who left a lasting...
- 9/11 first call from hijacked plane: 25 years later, Betty Ong’s family finally meets the woman who answered her historic call before Flight 11 crashedTwenty-five years after 9/11, Vanessa Minter, the American Airlines reservations agent who answered Betty Ong's historic call from hijacked...
- BoFA deal to get regulatory go-ahead by December; Jio Credit's product plans, strategy to be redrawn: JFSJio Credit expects regulatory approvals for its Rs 18,268 crore fund raise by December. This capital infusion will enable Jio Credit to re-...
- US unemployment claims dip to 206,000 as layoffs continue to remain rareUnemployment claims have experienced a modest decline last week, remaining historically low. Companies are reluctant to make layoffs, recal...
- Three Indian companies under US Senators' scanner for data 'theft' allegationsUS Senators have urged action against three India-based companies for alleged hacking. These firms reportedly stole data from thousands of ...
- Canada’s tariff counterpunch: Where Ottawa is hitting Donald Trump’s AmericaCanada has imposed retaliatory tariffs on a wide range of American goods. These measures target sectors like steel, dairy, and appliances, ...
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