News Feeds

Economic Times

• Adani to raise $3.5 bn from share sale in three group cos
• India can look for another year of solid economic performance: CEA V Anantha Nageswaran
• Rajesh Gopinathan bids farewell to TCS: Look, how the IT giant moved under his tenure
• Tech View: Nifty50 ends lower on daily charts; what should traders do on Thursday?
• Bears are back! Sensex ends 4-day bull run: 5 factors behind today's selloff

Latest News from the Wall Street Journal

• U.S. Job Openings Rose in April, Reversing Three Months of Decline
• Rising Rates Make It Harder to Help Distressed Homeowners. Regulators Are Trying to Fix That.
• Nearly 4 Million Kia Cars Have Potentially Explosive Air-Bag Parts, Document Shows
• IKEA Looks to Speed Up E-Commerce With Software Deal
• A Debt-Ceiling Deal That Doesn't Deal With Debt

USATODAY – Money Top Stories

• Want a free Chipotle burrito? Watch Game 1 of the NBA Finals between Denver and Miami
• Over 1,900 Amazon employees are set to walk out today. Here's what you need to know.
• Netflix and not chill: How to cancel your account after Netflix ban on password sharing.
• What are Americans drinking this summer? Tequila, Modelo, canned cocktails and non-alcoholic drinks
• Is the housing market going to crash? What experts say about the possibility in 2023.

A Good Read

• Nvidia is not the only firm cashing in on the AI gold rush
• Why are corporate retreats so extravagant?
• It will take years to get Deutsche Bahn back on track
• Why tech giants want to strangle AI with red tape
• What properties would Sam Zell invest in next?

Industry

• ICRA sees power demand growth at 5-5.5% in FY24 vs 9.6% FY23
• Bank lending remains buoyant in April too
• Ford CEO says EV cost parity may not come until after 2030
• Delhi discoms petition DERC, cite revenue gap to seek tariff hike: Sources
• Laurus Labs invests Rs 80 crore in cell & gene therapy firm ImmunoACT

NYTimes Business Day

• Europe Frets U.S. Battery Factory Subsidies Will Hurt, Not Help
• Job Openings Rose in April, Defying Cooling Trend
• Remote Work Gives Amazon Workers a Common Cause
• Reassessing Engine No. 1’s Fight Against Exxon Mobil
• India Will Scrap 2,000 Rupee Notes, Echoing 2016 Demonetization

Banking & Finance

• Bank lending remains buoyant in April too
• With the support of their employees, WTW marks a successful 30-year-long run in India
• Government appoints Ashwani Kumar as MD of UCO Bank
• Kotak Life insurance policyholders to get Rs 840 crore as participating bonus
• Manappuram Finance launches digital money lending app

Economics & Business

• Examining morality and competition in science
• Majority of consumers care what kind of data they share with retailers and service providers, new study finds
• Even lawyers don't like legalese: Study
• Quotas alone will not solve the problem of underrepresentation of minorities in modern workforce, finds modeling study
• Lessons from blockbusters to help teams adapt

Wall Street Journal – US Business

• U.S. Job Openings Rose in April, Reversing Three Months of Decline
• Rising Rates Make It Harder to Help Distressed Homeowners. Regulators Are Trying to Fix That.
• Nearly 4 Million Kia Cars Have Potentially Explosive Air-Bag Parts, Document Shows
• IKEA Looks to Speed Up E-Commerce With Software Deal
• A Debt-Ceiling Deal That Doesn't Deal With Debt

Stocks

• Ahead of Market: 10 things that will decide D-Street action on Thursday
• Adani to raise $3.5 bn from share sale in three group cos
• Wells Fargo CEO says there will be losses in office loan portfolio
• Patanjali Foods promoters to dilute 6% share to meet minimum shareholding norms, launches road show
• These 8 healthcare stocks touch their new 52-week highs.

Noobpreneur – Small Business

NYTimes – Your Money

• 401(k) Hardship Withdrawals Tick Up as Inflation Stays High
• Contributions to College Savings Plans Pick Up as Inflation Eases
• For the Markets, It’s Not Just the Debt Ceiling
• Interest Rates on Federal Student Loans to Rise Next School Year
• How a Daughter Helped Her Mother Get Her Student Loans Forgiven

Wall Street Journal – US Business

• U.S. Job Openings Rose in April, Reversing Three Months of Decline
• Rising Rates Make It Harder to Help Distressed Homeowners. Regulators Are Trying to Fix That.
• Nearly 4 Million Kia Cars Have Potentially Explosive Air-Bag Parts, Document Shows
• IKEA Looks to Speed Up E-Commerce With Software Deal
• A Debt-Ceiling Deal That Doesn't Deal With Debt

Markets

• These 8 healthcare stocks touch their new 52-week highs.
• ET Market Watch: Sensex ends 4-day bull run: 5 factors behind today's selloff
• Market Trading Guide: LTIMindtree, Biocon among 4 stock recommendations for Thursday​
• Founder Padmaja Gangireddy plans to sell shares worth Rs 100 crore in Spandana Sphoorty Financial, engages investment banker to explore block deal
• Welspun Corp Q4 Results: Net profit falls 9% YoY to Rs 240 crore

The Tax Adviser

• Update on states moving ahead with PTETs
• AICPA backs bill to make it easier to file for tax extensions
• Supreme Court upholds exception to notice requirement for third-party summonses
• HSA amounts continue trend, increase again in 2024
• IRS chief: Racial disparities in audits will be addressed within a year

NYTimes – Small Business

• The AI Boom Inside Silicon Valley Start-Up Accelerators
• Reid Hoffman Is Praising the Virtues of AI
• Elizabeth Holmes Opens Up About Her Theranos Trial and What Comes Next
• Once an Evangelist for Airbnbs, She Now Crusades for Affordable Housing
• For Founders of Small Businesses, the Personal Story Matters

NYTimes – Media and Advertising

• ‘Succession’ Finale Drew 2.9 Million Viewers Sunday, a Series High
• Mary Turner Pattiz, Rock D.J. During FM’s Heyday, Dies at 76
• How Geena Davis Continues to Tackle Gender Bias in Hollywood
• Netflix Starts to Crack Down on Password Sharing
• Inside Fox’s Legal and Business Debacle

Small Business Trends

• How to Start a Shrimp Farm
• Guide to Fourth of July Decorations for Small Business Owners
• How to Start Sod Farming
• ChatGPT-4 Shows Human-Surpassing Creativity, Study Finds
• Spotlight: The Dog Stop Offers a One-Stop-Shop for Pet Owners

Accounting

• Are you pursuing mice or antelopes?
• U.S. gets middling rank in cybersecurity; Belgium no. 1
• Deloitte flags holes in Adani Ports deals, cites need for review
• Summers sees higher Fed interest rates, increased U.S. taxes
• MassCPAs launches scholarship to honor retiring CEO Amy Pitter

NYTimes – Economy

• Debt Ceiling Deal Would Reinstate Student Loan Payments
• House Set to Vote on Debt Ceiling Bill Amid Republican Resistance
• Job Openings Rose in April, Defying Cooling Trend
• Remote Work Gives Amazon Workers a Common Cause
• Ireland Worries That Brexit Will Ruin Fishing Industry

NYTimes – Deal Book

• Reassessing Engine No. 1’s Fight Against Exxon Mobil
• Sign Up for DealBook
• Companies Push Prices Higher, Protecting Profits but Adding to Inflation
• Elizabeth Holmes Reports to Prison in Texas on Tuesday
• Climate Shareholder Activists Rethink Their Fight Amid Setbacks

Adweek

• Blending B-to-B and B-to-C Marketing Has Been Priceless for Mastercard
• Global Ad Spend on the Rise, but Digital Growth Is Slowing
• Adweek Podcast: Unpacking the Consumer Journey
• The Speed of Culture Podcast: Maximizing Brand Power
• Brave Commerce Podcast: Driving Gender Equality and Diversity in Business