Business News
US President Donald Trump announced his intention to file a $15 billion defamation lawsuit against The New York Times, citing its coverage of his purported connections to the late financier and convicted sex offender Jeffrey Epstein. In a post on
Chris Swonger, a prominent figure in the US spirits industry, recognized the importance of being present when President Trump visited his golf course in Aberdeenshire, Scotland, this summer. He made a seemingly counterintuitive request: zero tariffs on Scotch whisky imported
The owner of Rolling Stone, Billboard, and Variety filed a lawsuit against Google on Friday, claiming that the technology giant’s AI-generated summaries utilize its journalism without permission and diminish traffic to its websites. The lawsuit filed by Penske Media in
On Friday, José Muñoz, the Chief Executive Officer of Hyundai Motor, made an announcement that the battery factory of the firm, which is located in Georgia, United States, will be unable to begin operations for a period of two to
According to a report, Paramount Skydance is in the process of preparing a bid to acquire Warner Bros Discovery. If successful, this initiative has the potential to unite two of Hollywood’s most iconic studios, thereby reshaping the global entertainment landscape.
Elon Musk has reclaimed his title as the world’s richest individual, following a brief period on Wednesday when Oracle co-founder Larry Ellison surpassed him. Ellison surged ahead for several hours as Oracle’s stock soared, driven by robust demand for its
The companies said they favor accelerated review because they are suffering serious economic hardships as a result of the price increases and supply chain delays’ in a Friday court filing. Small businesses contesting President Donald Trump’s extensive tariffs informed the
Despite a US appeals court ruling that most of President Donald Trump’s tariffs are illegal, the Trump administration is pressing on with discussions with trading partners, US Trade Representative Jamieson Greer stated on Sunday. In an interview on Fox News’
Korean Air snaps up 100 Boeings for $50 billion
Korean Air has announced a $50 billion deal to buy more than 100 Boeing aircraft and several spare engines and obtain engine maintenance for 20 years. The deal was formalised at a signing ceremony Monday in Washington as South Korean
On Friday, the primary indices of Wall Street experienced an increase exceeding 1 percent, following remarks from US Federal Reserve Chair Jerome Powell, who indicated a potential interest-rate reduction at the upcoming policy meeting during his address at the Jackson