THE TRUTH ABOUT: 26 - The Untold Story

Modi calls out ‘sources’ in CNBC-TV18 report about tax on foreign travel

Prime Minister Narendra Modi on Friday went on X to rebut a source-based media report by CNBC-TV18 claiming that the government "at highest levels" was considering imposing a levy on foreign travel.

Newslaundry · May 16

Dow Jones, S&P 500 and Nasdaq end this week lower as tech stocks slide, Treasury yields and oil prices climb after Trump-Xi China summit disappoints investors - US stock market performance today May 15

Dow Jones, S&P 500 and Nasdaq today: Wall Street experienced a sell-off on Friday, with major indices like the S&P 500, Nasdaq, and Dow Jones closing lower. Technology stocks led the declines as investors took profits, while rising Treasury yields and inflation concerns added pressure. Disappointment over the Trump-Xi summit…

The Economic Times · May 15

Starbucks lays off 300 office staff

Some 2,300 corporate employees have been let go in three rounds of layoffs since February 2025

The Independent UK · May 15

Trump hails 'fantastic trade deals' made during talks with China's Xi

President Donald Trump announced he had made "fantastic trade deals" with China's President Xi Jinping, as the pair met on Friday for the final talks of a superpower summit that the US leader said had also secured a Chinese offer to help open the Strait of Hormuz.

Radio France Internationale · May 15

Trump says made 'fantastic trade deals' with Xi

President Donald Trump met with President Xi Jinping in Beijing. They discussed significant trade agreements beneficial to both nations. China offered assistance regarding the Strait of Hormuz. Discussions also touched upon artificial intelligence and oil purchases. The leaders addressed geopolitical flashpoints like Taiwan, aiming to manage differences.

The Economic Times · May 15

US, China discussing AI 'guardrails': Treasury secretary Bessent

The United States and China were discussing setting up "guardrails" for the use of artificial intelligence (AI), US Treasury Secretary Scott Bessent told CNBC on Thursday, with growing calls for regulation of the burgeoning technology. The Treasury secretary said Washington and Beijing would set up a "protocol" on the path…

The Economic Times · May 14

Versant Q1 Earnings Call Highlights

Versant (NASDAQ:VSNT) Media Group reported a modest revenue decline in its first quarter as an independent company, while management pointed to stronger profitability, growth in digital and platform businesses, and continued investment in direct-to-consumer offerings as key priorities for 2026. Chi

MarketBeat · May 14

Trump Overruled His Own Staff to Bring 'Great Jensen Huang' to Beijing — Nvidia Boss Boarded During Refuelling Stop

Nvidia CEO Jensen Huang joins Trump's Beijing delegation after initial exclusion, highlighting the strategic importance of US-China semiconductor relations and Nvidia's $50 billion China market opportunity.

International Business Times UK · May 14

Mass layoffs at Goldman Sachs? President John Waldron says "digital agents will be our robots, human assembly lines to be more digitized"

Goldman Sachs is integrating generative AI 'robots' to automate tasks, aiming to boost productivity and cut costs without mass layoffs. President John Waldron stated these digital agents will enhance the firm's 'human assembly line,' creating new tech roles. He clarified recent job cuts are unrelated to AI, attributing them to…

The Economic Times · May 14

Cisco stock price today: Why CSCO stock soared 17% after earnings and why Cisco is cutting thousands of jobs - here's what investors need to know

Cisco stock price today after CSCO earnings: Cisco shares soared following a robust earnings report. The networking giant exceeded expectations for revenue, profits, and future guidance. Demand for its artificial intelligence infrastructure business is growing significantly. Cisco also announced workforce reductions to focus on long-term growth areas.

The Economic Times · May 13