Holiday decor spending could help retailers

Zoom In IconArrows pointing outwards The Milam family turned its front lawn into a holiday-themed putt-putt course. Going all out on Christmas decorations has become a tradition for the Dallas family. Courtesy: Mike Milam For the holiday season, the front lawn of the Milam family’s house in Dallas has transformed into a mini golf winter … Read more

Trump and SoftBank CEO announce $100 billion investment plan in US

US President-elect Donald Trump appeared jointly with Masayoshi Son, the CEO of Japan’s SoftBank, announcing the group’s plan to invest $100 billion in the United States over the next four years. Son said Trump’s election victory had boosted his confidence in the US economy. Meanwhile, Canada’s finance minister resigns, citing disagreements with Prime Minister Justin … Read more

Rupee closes at new low of 84.86/$ on global cues

MUMBAI: The rupee ended at a new closing low of 84.86 against the US dollar down nearly seven paise from its previous close of 84.79. The rupee had hit a new low of 84.88 in intraday trade on Thursday but had recovered on Friday following a recovery in the equity markets.Monday’s weakening was largely on … Read more

GM’s Cruise robotaxi business is latest growth initiative to falter

A Cruise autonomous taxi in San Francisco, California, US, on Thursday Aug. 10, 2023. David Paul Morris | Bloomberg | Getty Images DETROIT — For years, General Motors CEO and Chair Mary Barra has promised a new future for the company, away from a stodgy metal-bending automaker into a tech-driven, forward-thinking company poised for growth. … Read more