Business — Page 9
Companies, markets, economy, finance, trade and commercial activity
Dodgers Release Catcher Hunter Feduccia After Two Months
The Los Angeles Dodgers have released catcher Hunter Feduccia, a 24-year-old who had a .295 batting average and .948 OPS at the Double-A Tulsa level. The move comes after Feduccia spent two months with the organization.
Tata Group Chairman N Chandrasekaran Not Seeking Reappointment
Tata Group Chairman N Chandrasekaran announced he will not seek reappointment when his term ends in February 2027. The decision follows a lack of unanimous board support for an extension, sparking uncertainty about the conglomerate's future leadership.
Powerball Jackpot Reaches $1 Billion Ahead of Wednesday Drawing
The Powerball jackpot has surged to an estimated $1 billion for Wednesday night's drawing. This prize ranks as the eighth largest in Powerball history and the biggest U.S. lottery offering this year.
Air India Pilot Reported Sleep and Marijuana Use Before Turbulence Incident
An Air India pilot involved in a flight that experienced sudden altitude loss on August 4 has told investigators he slept for 30-35 minutes during the flight and tested positive for cannabis. The pilot cited sleep difficulties and prescribed medication as factors.
Maharashtra FDA Suspends 13 Food Establishment Licenses for Hygiene Violations
The Maharashtra Food and Drug Administration (FDA) suspended licenses for 13 food establishments across Mumbai, Nashik, Palghar, and Satara due to hygiene and operational issues. Actions were taken following statewide inspection drives in July and August 2026.
BoyleSports Offers Free Bets and Spins for New Customers
BoyleSports is providing new UK and Ireland customers with promotional offers including up to 100 free spins for its casino or £40 in free bets for its sportsbook. These offers are subject to specific terms and conditions regarding staking and gameplay.
Natarajan Chandrasekaran's Tata Group Tenure Marked by Tech Bets and Air India Acquisition
Natarajan Chandrasekaran is set to conclude his term as Chairman of Tata Sons, having steered the conglomerate towards high-technology ventures and expanded its aviation footprint. His tenure saw significant investments in emerging sectors and the notable acquisition of Air India.
Andhra Pradesh CM Urges Value Addition for Beach Sand Minerals
Andhra Pradesh Chief Minister N. Chandrababu Naidu has called for enhancing the value of the state's abundant beach sand minerals, particularly rare earth elements. He emphasized developing manufacturing capabilities within the state to reduce national reliance on foreign sources for these critical
Tom Holland and Zendaya's Films Gross Over $2.7 Billion Combined
The films "Spider-Man: Brand New Day" and "The Odyssey," starring Tom Holland and Zendaya, have collectively earned over $2.76 billion worldwide in the past month. "Spider-Man: Brand New Day" is on track to surpass $2 billion globally.
French Newspapers Challenge Google's AI Summaries Over Content Use
A federation of French newspapers has filed a complaint with the country's competition authority regarding Google's AI-generated search summaries. Media groups fear the feature will reduce traffic to their websites and are seeking compensation for the use of their content.
Ford Plans New $25,000 Entry-Level SUV for 2029
Ford is reportedly developing a new entry-level SUV expected to launch in 2029 with a starting price around $25,000. The vehicle will be available as a hybrid and a nonhybrid, positioning it as Ford's most affordable offering.
Pep Chavarría Completes £22M Move to Chelsea from Rayo Vallecano
Spanish full-back Pep Chavarría has transferred from Rayo Vallecano to Chelsea for approximately £22 million, marking the most expensive sale in the Madrid club's history. The move is reportedly a specific request from coach Xabi Alonso to bolster the left-back position.
Tata Sons Chairman N. Chandrasekaran Steps Down Amid Board Disagreements
N. Chandrasekaran will not seek reappointment as Tata Sons chairman after disagreements over capital spending and business strategy. The decision follows a board meeting where support for his extension failed to achieve unanimous consent.
Wendy's Stock Surges on Potential Takeover Bid News
Shares of Wendy's experienced a significant surge following reports of a potential takeover bid from Nelson Peltz's Trian Fund Management. The move comes amid the company's recent struggles with declining sales.
BoyleSports Launches First Scottish Betting Shop in Motherwell
BoyleSports, Ireland's largest independent bookmaker, has opened its inaugural retail outlet in Scotland. The new shop is located in Motherwell and signifies a significant step in the company's UK expansion.
Cerebras Stock Declines 14% Despite Raised Full-Year Guidance
Cerebras Systems' stock dropped significantly following its second earnings report since its IPO. Despite raising full-year revenue expectations, the chipmaker reported a substantial net loss, largely due to stock-compensation costs.
Morgan Stanley Analyst Sets Ambitious $600 Price Target for SpaceX Stock
Morgan Stanley analyst Adam Jonas presented a bullish scenario where SpaceX stock could reach $600, valuing the company at $8 trillion. This projection hinges on SpaceX successfully deploying AI data centers in orbit and expanding Starlink services significantly beyond current capabilities.
Arby's Steak Nuggets Return August 24 with New Sauce and Potato Bowl
Arby's is reintroducing its limited-time Steak Nuggets on August 24 with an updated cut and a new Horsey Ranch dipping sauce. The popular item will also be featured in a new Steak Nugget Potato Bowl.
Manchester United Sign Tynan Thompson for £4m From Tottenham
Manchester United have signed 18-year-old winger Tynan Thompson from Tottenham for an initial £4 million, with potential add-ons. Thompson, an England U18 international, reportedly rejected a contract offer from Spurs and was overlooked for first-team opportunities.
Romano Schmid Completes Serie A Transfer to Frosinone for Under £10 Million
Midfielder Romano Schmid has completed a transfer from Werder Bremen to newly-promoted Serie A side Frosinone. The deal is reportedly worth an initial €8 million, with add-ons potentially raising it to £8.5 million.
UAE Lottery Draws Award Cash Prizes, Dh30 Million Jackpot Rolled Over
The UAE Lottery held its latest Lucky Day draws, awarding cash prizes to thousands of participants. However, the Dh30 million grand prize remains unclaimed and will roll over to the next drawing.
Karnataka and Israel Forge Cybersecurity Ties to Boost Digital Resilience
Karnataka, India, and Israel are deepening their collaboration in cybersecurity, recognizing its critical role in economic growth and digital trust. A recent Cyber Dialogue aimed to foster innovation, talent development, and practical partnerships between startups and experts from both regions.
NHAI Reopens Chennai-Bengaluru Highway Service Lane in Vellore After Concrete Re-laying
The National Highways Authority of India has reopened a 300-meter service lane on the Chennai-Bengaluru National Highway (NH-48) near Vellore after relaying it with cement concrete. The upgrade aims to prevent inundation and traffic disruption during monsoon seasons.
Tielemans surprised by Manchester United move; Rashford's future uncertain
Youri Tielemans expressed surprise at his transfer to Manchester United, a club he previously considered joining on two occasions. Meanwhile, Marcus Rashford's future at Manchester United remains unclear as talks with management are anticipated.