Families Sue Character.AI Over Child Safety Concerns, Demand Platform Shutdown

Families Sue Character.AI Over Child Safety Concerns, Demand Platform Shutdown

Dec 10, 2024

Character.AI, an AI chatbot platform, is facing its second lawsuit since October over alleged harm to young users. Two families have accused the platform of exposing children to sexual content and promoting self-harm and violence, urging a court to shut it down until

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Relief for Home Loan Borrowers Expected in 2025: RBI Likely to Cut Rates by 50-100 bps

Relief for Home Loan Borrowers Expected in 2025: RBI Likely to Cut Rates by 50-100 bps

Dec 6, 2024

Home loan borrowers are set to experience much-needed relief in 2025 as experts predict interest rate cuts by the Reserve Bank of India (RBI). This shift follows signs of slowing GDP growth and easing inflation, setting the stage for reduced Equated Monthly Installments

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American Eagle Shares Drop 13% Amid Weak Holiday Sales Forecast and Lowered Guidance

American Eagle Shares Drop 13% Amid Weak Holiday Sales Forecast and Lowered Guidance

Dec 5, 2024

Shares of American Eagle fell by about 13% in after-hours trading on Wednesday following the company’s disappointing holiday sales forecast and a reduction in its full-year revenue guidance. Despite strong performance in the back-to-school season, the apparel retailer is facing shifting consumer behavior,

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Volkswagen Faces Major Strikes in Germany Amid Wage Disputes and Plant Closure Concerns

Volkswagen Faces Major Strikes in Germany Amid Wage Disputes and Plant Closure Concerns

Dec 2, 2024

Volkswagen (VW) workers across Germany launched massive strikes on Monday, marking the company’s most significant labor disruption since 2018. Tens of thousands of employees at nine of VW’s ten German plants participated in the walkouts, organized by the IG Metall labor union. What

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Trump’s Proposed Tariffs Could Spike Beer and Tequila Prices: What Consumers Need to Know

Trump’s Proposed Tariffs Could Spike Beer and Tequila Prices: What Consumers Need to Know

Nov 30, 2024

Beer and liquor are often considered recession-proof, but they’re not immune to the impact of tariffs. President-elect Donald Trump’s proposal to impose a 25% tariff on imports from Canada and Mexico could significantly impact some of America’s favorite alcoholic beverages, including the nation’s

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Zomato Shares Skyrocket 131% YTD: Is This Multibagger Stock a Buy?

Zomato Shares Skyrocket 131% YTD: Is This Multibagger Stock a Buy?

Nov 27, 2024

Zomato Share Price UpdateZomato shares have delivered stellar returns in 2024, climbing over 131% year-to-date (YTD). On Wednesday, the stock rose by another 3%, hitting an intraday high of ₹289.70, nearing its September peak of ₹298.20. This impressive growth is fueled by strong

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Huawei Launches Mate 70 with HarmonyOS NEXT: A Bold Step Towards Independence

Huawei Launches Mate 70 with HarmonyOS NEXT: A Bold Step Towards Independence

Nov 26, 2024

Huawei has launched its latest flagship smartphone, the Mate 70, featuring the HarmonyOS NEXT operating system—a fully homegrown alternative to Google’s Android and Apple’s iOS. Priced from 5,499 yuan ($760), the Mate 70 represents a critical move in the Chinese tech giant’s bid

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Gold Prices Rise by Rs3,600 Per Tola in Local Market

Gold Prices Rise by Rs3,600 Per Tola in Local Market

Nov 20, 2024

Gold prices experienced a significant increase of Rs3,600 per tola on Tuesday in the local market, mirroring a rise in international gold rates. The price of gold now stands at Rs273,500 per tola. Similarly, the price of 10-gram gold rose by Rs3,086, reaching

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Thyssenkrupp Shares Soar 8% After Narrowing Losses and Strategic Restructuring

Thyssenkrupp Shares Soar 8% After Narrowing Losses and Strategic Restructuring

Nov 19, 2024

Thyssenkrupp, the German industrial giant, saw its shares jump nearly 8% on Tuesday after reporting a reduced net loss and announcing a €1 billion impairment on its Steel Europe division. Key Financial Highlights: CEO Miguel Lopez highlighted that the upcoming fiscal year will

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Disney’s Strong Streaming Earnings Show Path to Replacing Linear TV

Disney’s Strong Streaming Earnings Show Path to Replacing Linear TV

Nov 15, 2024

Disney’s latest fiscal results offer a promising outlook for the streaming industry, showing that streaming services like Disney+, Hulu, and ESPN+ are turning into more profitable businesses. According to Disney’s CFO, Hugh Johnston, the company projects an $875 million increase in direct-to-consumer operating

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