Business news
Iconic Tupperware flags doubts about ability to continue
Tupperware products are offered for sale at a retail store on April 10, 2023 in Chicago, Illinois. Scott Olson | Getty Images Tupperware Brands on Friday warned it was not certain its business could continue as a going concern and faced a liquidity crunch due to slumping demand for its …
Trump asks appeals court to review ruling allowing Fani Willis to remain on Georgia election case
District Attorney Fani Willis holds a press conference in the Fulton County Government Center after a grand jury voted to indict former US President Donald Trump and 18 others on August 14, 2023, in Atlanta, Georgia. Christian Monterrosa | AFP | Getty Images Former President Donald Trump and eight other …
Huawei’s profit doubled in 2023 as smartphone, autos business picked up
Huawei brought one of the largest displays to Mobile World Congress in Barcelona in February 2024. Sopa Images | Lightrocket | Getty Images BEIJING — Chinese telecommunications company Huawei said Friday its net profit for 2023 more than doubled thanks to better product offerings. The company also attributed the profit …
Smooth start for world’s fastest stock settlement – Times of India
MUMBAI: The launch of the fastest stock trading and settlement system in the world went on smoothly on Thursday, with 136 trades from 73 brokers for a majority of the 25 stocks that are allowed in the segment over two bourses, NSE and BSE. On the BSE, 49 investors closed …
Jim Cramer’s week ahead: Nonfarm payroll data and Disney’s proxy fight comes to a head
CNBC’s Jim Cramer on Thursday guided investors through next week’s Wall Street action, saying to pay attention to new nonfarm payroll data and Walt Disney’s annual shareholder meeting, where its long and arduous proxy fight will come to a head. “In my view, the market’s now well-prepared for a hot employment …
Toyota could introduce electric, plug-in Tacoma and Tundra pickups
2024 Toyota Tacoma Trailhunter Toyota NEW YORK — Toyota Motor is evaluating an expansion of its U.S. truck lineup that could include all-electric or plug-in hybrid electric versions of its Tacoma and Tundra pickups. Jack Hollis, executive vice president of Toyota Motor North America, said the Japanese automaker is assessing …
The wealth of the 1% just hit a record $44 trillion
Martin Puddy | Digitalvision | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The wealth of the top 1% hit a record $44.6 trillion …
AI startup Daakia Private limited raises Rs 4 crore in seed funding for rural expansion – Times of India
NEW DELHI: Daakia Private Limited, an AI-powered deep tech startup operating in the Enterprise SaaS and Digital Communications sector has secured Rs 4 crore in seed funding from a group of strategic investors to enhance its operations in rural and inaccessible areas and expand its user base in metro and …
Home Depot is acquiring specialty distributor SRS for $18.25 billion in huge bet on growing pro sales
Home Depot on Thursday said it is acquiring SRS Distribution in an $18.25 billion deal, the latest and largest sign of its ambitions to drive sales by winning more business from contractors, roofers and other home professionals. The home improvement retailer expects the acquisition to close this fiscal year, which …