Like Trump, U.S. Embassies Are Raising Cash for Lavish July Fourth Parties
Some of Washington’s diplomatic outposts in Asia are raising millions for events to mark the 250th independence anniversary. One ambassador offered to sing and dance.
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What C.E.O.s Are Worried About
Fractured politics, disruptive technologies and a distrust in institutions are making it harder to focus on the traditional tasks of growing sales and profits.
America’s free hotel breakfast is facing K-shaped economy threat
Jeff Greenberg | Universal Images Group | Getty Images At some point in the 1980s and 90s, the free hot breakfast became a staple of the hospitality industry. At many a Holiday Inn or Hampton Inn, the lobby at 8 a.m. is a pinwheel of pajama-clad kids, frazzled parents, and solo business travelers jockeying for…
Budget shunned populism, bets on capex to power jobs and growth: PM Modi | Politics News
Calling productive spending a hallmark of his government, Prime Minister Narendra Modi on Sunday said the just unveiled Union Budget deliberately avoided short-term populism and instead channelled record capital outlays into infrastructure to drive jobs and sustainable growth. In an exclusive interview with PTI, Modi said his government has used its years…
Renewables account for 75% of India’s power capacity addition in FY26 | Industry News
Renewable energy accounted for 75 per cent of the total power capacity addition in the country in the current financial year, with 39,657 MW capacity added so far, the Ministry of New and Renewable Energy said in a statement. Of this, solar power capacity addition stood at 34,955 MW, while 4,613 MW of…
Will 2026 Be the Year of the ‘Soonicorn’?
As venture capital funding pours into start-ups large and small, more firms are pitching themselves as the next big thing.
T.S.A. Workers Brace for Another Shutdown They Didn’t Cause
When the Department of Homeland Security ran out of funding early Saturday, employees at the Transportation Security Administration assumed an unfortunately familiar role: the face of the latest impasse in Congress. Lawmakers left town this week without a deal to fund the department over a disagreement about reining in the Trump administration’s hard-line immigration enforcement…
Markets brace for more AI noise and ‘scare trading’
AI disruption jitters have ripped through global stock markets over the last couple of weeks, with sectors across the spectrum ending up in the crosshairs of investors looking to bet on which industry could be upended by the inevitable wave of agentic AI. There will almost certainly be more of these moments this week, as…
3 senior bankers depart Raine Group India to launch new investment firm | Company News
By Baiju Kalesh and Manuel Baigorri Three senior bankers at Raine Group in India, including the country head, are set to leave the boutique adviser to set up a new investment banking firm, according to people familiar with the matter. Gaurav Mehta, a partner and head of Raine in India,…
OpenAI drops ‘safely’ from mission as new structure tests AI’s loyalties | Tech News
OpenAI, the maker of the most popular AI chatbot, used to say it aimed to build artificial intelligence that “safely benefits humanity, unconstrained by a need to generate financial return,” mission statement. But the ChatGPT maker seems to no longer have the same emphasis on doing so “safely.” While reviewing its latest IRS disclosure…