Business
Wayfair among firms fined millions for misleading sales tactics
The UK competition watchdog has fined three major businesses a total of £6 million for employing misleading online sales tactics, fake urgency timers, and hidden fees.
US stock futures edge higher ahead of key inflation data and bank earnings
US stock futures shifted in mixed trading as investors braced for crucial inflation data and digested a packed schedule of major corporate earnings.
Duane Davis sentenced to 40 years to life in prison for Tupac Shakur murder
Former gang leader Duane Davis has been sentenced to 40 years to life in prison for orchestrating the 1996 drive-by shooting death of Tupac Shakur in Las Vegas.
Bank of America fined $1.2bn by US for money laundering failings
US financial regulators penalized Bank of America over $1.21bn for anti-money laundering and sanctions violations, including failing to report billions in suspicious transactions.
Sensex drops 252 points as rising crude oil prices and FII selling weigh
Indian benchmark indices fell on Wednesday as persistent foreign investor outflows and rising global crude oil prices weighed on market sentiment.
Bank of America hit with $1.2bn penalty over money laundering failures
The US Treasury Department has hit Bank of America with $1.21 billion in total fines for severe anti-money laundering and sanctions compliance failures.
China September exports surge as trade surplus nears one trillion dollars
China's export growth accelerated sharply in September, driving the nine-month trade surplus to $938 billion as high-tech shipments offset weak domestic consumption.
Bharat Electronics secures additional defence orders worth ₹533 crore
State-run Bharat Electronics Limited has secured fresh defence and technology contracts valued at ₹533 crore, encompassing communication gear, avionics, and cybersecurity solutions.
Labor introduces domestic gas reservation legislation to secure local supply
The federal government has introduced a permanent domestic gas reservation scheme to secure local supplies, despite sharp objections from major producers.
Bank of America hit with $1.2 billion AML fine a day before earnings
Bank of America hit with $1.2 billion AML fine a day before earnings
Character.AI files for bankruptcy as Disney offers $20M rights deal
Character.AI has filed for Chapter 11 bankruptcy protection in Delaware, while Disney positions itself to acquire core assets through a court-supervised sale.
BofA Fined $1.2B By US Treasury For Violating Anti-Money Laundering Laws Ahead Of Earnings
Bank of America has been hit with a multi-agency penalty by the U.S. Treasury for anti-money laundering failures just ahead of its earnings report.
Fed's Williams Signals No 2027 Rate Hikes, Contrary to Market Bets
New York Federal Reserve President John Williams stated he sees no reason for additional rate hikes in 2027 after one more increase this year, contrasting with market expectations.
The AI trade is cracking. Here's how to profit
Global technology markets are experiencing punishing selloffs as rising interest rates, valuation concerns, and shifting macroeconomic pressures expose widening fractures in the AI trade.
Character.ai files for bankruptcy as Disney makes $20 million asset bid
Character.ai has filed for Chapter 11 bankruptcy protection in Delaware, naming Disney as a $20 million stalking horse bidder for its intellectual property.
Michael Dell defends wife Susan after White House appearance backlash
Michael Dell defended his wife Susan after a viral clip of her beside President Trump at the White House, countering online ridicule and emphasizing their $6.25 billion pledge to children’s accounts.
Bumble acquired by Ithaca Holdings for $1.3bn
Ithaca Holdings has agreed to acquire loss-making dating group Bumble in a $1.3 billion all-cash deal that will take the company private.
Poundland faces administration risk as owners seek rescue buyer
Budget retailer Poundland faces the threat of administration as its owners seek a rescue buyer, putting thousands of jobs at risk across the UK and Ireland.
French supermarkets face cyberattack as hackers overheat refrigeration systems
An unprecedented cyberattack struck hundreds of supermarkets across France and Europe, remotely manipulating refrigeration systems to cause overheating and food spoilage.
Global smartphone shipments hit 14-year low in Q3 2026
Global smartphone shipments dropped 20% year-on-year in the third quarter of 2026, reaching a 14-year low amid soaring memory chip costs and AI infrastructure demands.