
BlackRock to Wind Down Impact Fund Following Tricolor Bankruptcy
Nov 08, 2025 01:38 am UTC| Business
BlackRock, the worlds largest asset management firm, is reportedly winding down its social impact investment vehicle, the BlackRock Impact Opportunities Fund, after one of its key portfolio companies, Tricolor, filed for...

U.S. Airlines Face Major Flight Cuts Amid Ongoing Government Shutdown
Nov 08, 2025 01:36 am UTC| Politics Governance Business
U.S. Transportation Secretary Sean Duffy warned Friday that airlines could be forced to slash up to 20% of flights if the government shutdown continues, intensifying pressure on Congress to reach a funding deal. The...

Rivian CEO RJ Scaringe Granted $4.6 Billion Pay Package Inspired by Tesla Model
Nov 08, 2025 01:26 am UTC| Business
Electric vehicle maker Rivian Automotive has unveiled a new $4.6 billion compensation plan for its CEO and founder RJ Scaringe, aligning his pay with long-term profitability and growth goals. The decade-long package, among...

Honda Cuts Profit Forecast by 21% Amid EV Costs, China Sales Slump, and Chip Shortage
Nov 07, 2025 09:56 am UTC| Business
Honda Motor Co. has revised its full-year profit forecast downward by 21%, citing heavy electric vehicle (EV) expenses, weak sales in China and other Asian markets, and a chip shortage impacting production. Japans...

Novo Nordisk and Eli Lilly Lower Prices for Weight-Loss Drugs Amid U.S. Agreement
Nov 07, 2025 09:54 am UTC| Business Health
Shares in Novo Nordisk dropped nearly 3% on Friday after the Danish pharmaceutical giant and U.S. competitor Eli Lilly agreed to cut prices for their leading GLP-1 weight-loss drugs under a new deal with the U.S....

Apple TV Faces Temporary Outage Affecting Thousands of U.S. Users
Nov 07, 2025 04:52 am UTC| Business Technology
Apple TV, Apples popular streaming platform, experienced a temporary service outage on Thursday, disrupting access for nearly 14,907 users across the United States, according to the outage-tracking website...

Boeing Secures Major Jet Orders from Central Asian Airlines at C5+1 Summit
Nov 07, 2025 03:05 am UTC| Business Politics
Boeing has strengthened its global footprint with new aircraft deals across Central Asia, announced during the C5+1 Summit in Washington marking the 10th anniversary of diplomatic cooperation between the United States and...
The “Takaichi Trade”: How Japan’s First Female PM Is Shaping the Yen
How the US–India tariff truce boosts major Indian industries, Surat to Pharma