Families Sue Character.AI Over Child Safety Concerns, Demand Platform Shutdown
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
Relief for Home Loan Borrowers Expected in 2025: RBI Likely to Cut Rates by 50-100 bps
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
American Eagle Shares Drop 13% Amid Weak Holiday Sales Forecast and Lowered Guidance
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,
Volkswagen Faces Major Strikes in Germany Amid Wage Disputes and Plant Closure Concerns
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
Trump’s Proposed Tariffs Could Spike Beer and Tequila Prices: What Consumers Need to Know
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
Zomato Shares Skyrocket 131% YTD: Is This Multibagger Stock a Buy?
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
Huawei Launches Mate 70 with HarmonyOS NEXT: A Bold Step Towards Independence
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
Gold Prices Rise by Rs3,600 Per Tola in Local Market
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
Thyssenkrupp Shares Soar 8% After Narrowing Losses and Strategic Restructuring
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
Disney’s Strong Streaming Earnings Show Path to Replacing Linear TV
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