Browsing: Business

India aims for 50 rocket launches a year as Modi unveils bold space reforms, targets five unicorns, deep-space missions, and a USD 44 billion space economy.

The U.S. government has taken a 10 percent stake in Intel, converting nearly $9 billion in subsidies into stock to boost domestic semiconductor leadership.

US and EU sealed a landmark trade framework removing tariffs, securing energy deals worth 750 billion dollars, and expanding defense procurement.

CVS Caremark has been ordered to pay $289.9 million in penalties after a federal court found it overbilled Medicare by submitting inaccurate drug cost data.

Solar energy is set to drive more than 50% of US power capacity growth in 2025 as Texas leads the nation in solar and battery storage expansion.

Target CEO Brian Cornell will step down in February 2026 as sales drop for a fourth quarter and Michael Fiddelke takes over amid investor uncertainty.

Goldman Sachs and US Treasury predict stablecoin reserves could hit $3.7T by 2030 as Circle and Tether grow US Treasury holdings rapidly.

Home Depot results showed stronger sales but weaker profit, with tariffs prompting targeted price hikes and customers delaying major projects amid higher mortgage rates.

SoftBank has taken a near 2 percent stake in Intel, investing $2 billion to boost its AI and chip ambitions as Intel restructures to regain market share.

Economists warn Trump’s push to reshape statistical agencies threatens the independence of U.S. data relied on by markets, policymakers, and businesses.