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Business

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Proposed 25% US levy on outsourcing alarms Indian tech industry
Proposed 25% US levy on outsourcing alarms Indian tech industry

BENGALURU, India: India's vast IT industry is bracing for prolonged uncertainty as U.S. lawmakers debate a proposed 25 percent tax...

U.S. stocks end week on mixed note, Dow drops 274 points
U.S. stocks end week on mixed note, Dow drops 274 points

NEW YORK, New York - Global equity markets delivered a mixed performance to close out the trading week on Friday, with technology shares...

Warner Bros Discovery may face takeover offer from Paramount Skydance
Warner Bros Discovery may face takeover offer from Paramount Skydance

NEW YORK CITY, New York: Hollywood could be on the brink of another blockbuster merger, with Paramount Skydance preparing a bid to...

Oracle stock dips after record rally, Ellison nears Musk’s wealth
Oracle stock dips after record rally, Ellison nears Musk’s wealth

AUSTIN, Texas: After a breathtaking rally that pushed Oracle to the brink of the trillion-dollar club, the stock cooled on Thursday...

Alibaba launches $3.2 billion convertible bond for AI, cloud growth
Alibaba launches $3.2 billion convertible bond for AI, cloud growth

HANGZHOU, China: Alibaba is tapping global debt markets once again, unveiling plans to raise US$3.2 billion through a zero-coupon convertible...

Labor Department says US added 911,000 fewer jobs than first reported
Labor Department says US added 911,000 fewer jobs than first reported

WASHINGTON, D.C.: The U.S. labor market, long seen as a pillar of economic resilience, turns out to have been far weaker than initially...

Texas

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Alleged Kirk assassin surrenders, taken into custody
Alleged Kirk assassin surrenders, taken into custody

WASHINGTON, DC -  U.S. Federal authorities have arrested and charged 22-year-old Tyler Robinson, a third-year apprentice electrician, ...

Oracle stock dips after record rally, Ellison nears Musk’s wealth
Oracle stock dips after record rally, Ellison nears Musk’s wealth

AUSTIN, Texas: After a breathtaking rally that pushed Oracle to the brink of the trillion-dollar club, the stock cooled on Thursday...

Tesla’s Texas shift paves way for Musk’s unprecedented pay deal
Tesla’s Texas shift paves way for Musk’s unprecedented pay deal

WILMINGTON, Delaware: Elon Musk's latest pay deal at Tesla shows how dramatically the rules of the game can change depending on where...

MLB roundup: Aaron Judge's latest milestone lifts Yanks past Red Sox
MLB roundup: Aaron Judge's latest milestone lifts Yanks past Red Sox

(Photo credit: Paul Rutherford-Imagn Images) Aaron Judge took sole possession of fourth place on the New York Yankees' all-time home...

Jacob deGrom-led Rangers prolong Mets' losing streak
Jacob deGrom-led Rangers prolong Mets' losing streak

(Photo credit: Brad Penner-Imagn Images) Jacob deGrom tossed seven strong innings in his return to Citi Field and benefited from...

Mitch Garver blast helps Mariners top Angels, keep pace in playoff chase
Mitch Garver blast helps Mariners top Angels, keep pace in playoff chase

(Photo credit: Stephen Brashear-Imagn Images) Mitch Garver hit a tiebreaking solo homer with one out in the bottom of the seventh...