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India’s Jindal Power will not bid to take over airline Go First | Reuters News Agency
Business & Finance 21 November 2023, 2:14 pm 1 minute Reuters exclusively reported that India’s Jindal Power Ltd, the only company whose expression of interest to take over Go First was accepted by creditors, has decided to not follow through with a bid, three people familiar with the plans said, pushing the insolvent airline closer…
Shein’s revenue is ‘a lot more’ than $30 billion annually, key retail partner says
Shoppers walks past advertisements on the opening day of fast-fashion e-commerce giant Shein, which hosted a brick-and-mortar pop up inside Forever 21 at the Ontario Mills Mall in Ontario on Oct. 19, 2023. Allen J. Schaben | Los Angeles Times | Getty Images ORLANDO, Fla. — Little is known about how much revenue Shein draws…
Startups In India Want To Build Their Own App Store To Bypass Google’s
Dozens of prominent startups in India, one of the world’s largest internet markets, are creating a coalition to fight a Google decision that would require them to give 30% of in-app payments to the tech giant beginning next year. On Tuesday, nearly 60 executives from dozens of Indian companies kicked off preliminary discussions, three people…
Article on Bill Ackman’s Wife Triggers Tensions Between Business Insider and Owner
Updated Jan. 9, 2024 8:22 pm ET Since acquiring Business Insider nine years ago, Axel Springer has largely steered clear of intervening in the news outlet’s editorial operations, even when high-profile people objected to unflattering articles about them. That hasn’t been the case in recent days. Copyright ©2024 Dow Jones & Company, Inc. All Rights…
Column: In their war on children’s health, red states reject federal meal program for low-income families
Question: Is there anything more absurd than red state governors rejecting federal programs that directly benefit their constituents? Easy answer: Yes. It’s the explanations they give to make their actions appear to be sober, responsible fiscal decisions. The Republican governors of Iowa and Nebraska brought us the most recent examples of this phenomenon just before…
Column: Clarence Thomas and the bottomless self-pity of the upper classes
Articles asking us to feel sympathy for families barely scraping by on healthy six-figure incomes may be staples of the financial press, but it’s rare that they come packaged as real-world case studies attached to flesh-and-blood individuals. But that’s what happened just before Christmas, when law professor Steven Calabresi defended Supreme Court Justice Clarence Thomas’…
