A dispute in the boardroom of Tata Trusts has shaken the Indian corporate world — and its tremors have reached Delhi.Tata Trusts is the philanthropic body that controls 66% of Tata Sons — the holding company of Tata Group’s 26 listed companies with a combined market cap of $368 billion.On Tuesday night, television channels in India broadcast footage of Noel Tata, the chairman of Tata Trusts, meeting with Home Minister Amit Shah at his residence.Local media reports said Finance Minister Nirmala Sitharaman, Tata Sons Chairman N Chandrasekaran, and trustees Darius Khambatta and Venu Srinivasan were also present at the meeting.While Tata Sons and Tata…
Author: usaeverydaylife
Pictured here is Shanghai Port’s foreign trade container terminal in Shanghai, China on October 9, 2025.Cfoto | Future Publishing | Getty ImagesBEIJING — China on Friday announced that starting Oct. 14, the country will start charging U.S. ships for docking at Chinese ports — a direct response to Washington for imposing fees on Chinese vessels arriving at U.S. ports, set to take effect the same day.The U.S. fees “seriously violate” international trading principles and “seriously damages” China-U.S. maritime trade, the Chinese Ministry of Transport said in the announcement, translated by CNBC.China will charge 400 yuan ($56) per net ton for…
Stocks that could rise on the back of their next earnings results include Hershey and Wynn Resorts , according to Goldman Sachs. The third-quarter earnings season commences next week with gusto, with major banks such as JPMorgan, Goldman Sachs, Morgan Stanley, Citibank and Wells Fargo on the docket to report. Around 7% of the S & P 500 — or 34 companies in the benchmark — will post their most recent quarterly results, per FactSet. As earnings season kicks off, Goldman Sachs shared a basket of stocks that have the most potential to see upward revisions. These new estimates could,…
US Secretary of Treasury Scott Bessent speaks at the Federal Reserve Board’s Community Bank Conference at the Federal Reserve Board headquarters in Washington, DC, on October 9, 2025. Andrew Caballero-Reynolds | AFP | Getty ImagesAfter a series of rigorous interviews, some lasting as long as two hours, Treasury Secretary Scott Bessent has winnowed down the list of candidates for Federal Reserve chair to five from 11, and that person could be nominated to the Fed — though not necessarily as chair — by January.According to senior Treasury officials, the remaining list of candidates includes two sitting Fed officials — Vice…
Microchip and Qualcomm logo displayed on a phone screen are seen in this multiple exposure illustration photo taken in Krakow, Poland on April 10, 2023. Jakub Porzycki | Nurphoto | Getty ImagesQualcomm shares fell on Friday after Chinese regulators said it would investigate the American tech giant’s acquisition of chip firm Autotalks, ramping up tensions between the U.S. and China ahead of key meetings between the country’s leaders this month.Shares were last around 3% lower in premarket trading.China’s State Administration of Market Regulation (SAMR) said that Qualcomm is suspected of violating the country’s anti-monopoly law in regards to its acquisition…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: Stocks are mostly lower on Thursday, with the S & P 500 and Nasdaq pulling back from their record highs. The decline in the S & P 500 would wipe out most of this week’s gains. The AI trade is mostly lower, although megacap tech names like Nvidia and Oracle pushed higher. Nvidia received a new Street high price target of $300 by analysts at Cantor Fitzgerald, which had a…
General view of the Google headquarters in King’s Cross as the tech giant faces a 5 billion pound lawsuit in the UK for allegedly abusing its online search dominance.Sopa Images | Lightrocket | Getty ImagesLONDON — Britain’s competition regulator on Friday activated new powers to regulate Google’s search activities, putting the U.S. tech giant in the firing line for further regulatory action.The Competition and Markets Authority confirmed it is designating Google with “strategic market status” for its general search and search advertising services. It said that Google’s Gemini AI assistant was not within the scope of the designation, although other…
If you’re a current or former AT&T customer, you may be eligible for part of a $177 million class action settlement the telecom giant has agreed to after a series of data breaches exposed the personal information of millions of users.According to legal filings, the first breach occurred in 2019, when hackers stole addresses, birthdates, Social Security numbers and other data belonging to 7.6 million current AT&T customers and 65.4 million former account holders.In a 2025 class action lawsuit, plaintiffs alleged the perpetrators began selling the information on the dark web in 2021. One plaintiff claimed a CareCredit account opened…
Smoke rises after Israeli airstrikes targeted areas in the Gaza Strip despite the announcement of a cease-fire agreement, as seen from the Israeli city of Sderot near the border, on October 09, 2025.Anadolu | Anadolu | Getty ImagesIsrael’s government on Friday approved a deal with the Palestinian militant group Hamas, paving the way for the first phase of a ceasefire and the return of all remaining hostages.The Israeli cabinet ratified the agreement in the early hours of Friday morning, shortly after U.S. President Donald Trump and Hamas negotiator Khalil al Hayya declared that the war in Gaza is over.”The government…
PepsiCo has seen its shares fall flat over the last three years and worse, it significantly trails its rival Coca-Cola in performance over the last year. Shares of Pepsi are lower by around 8% year-to-date and down 16% over the last 12 months. While its rival has seen shares rise by around 7% year-to-date despite falling a bit over the last 12-months. The analyst community are no fans either. According to Bloomberg data, Pepsi has the equivalent of 8 buys, 17 neutrals and one sell rating. The average price target is $154.09 for an upside expected gain of 9.8%. Meanwhile…
