Category: Business

Six major utilities unveiled a plan on Tuesday to add electric vehicle fast chargers to connect major highway systems across United States, as they look to cater to the burgeoning electric vehicle market. The Electric Highway Coalition – made up of American Electric Power, Dominion Energy D.N>, Duke Energy, Entergy Corp, Southern Co and Tennessee […]

Equity benchmark Sensex rallied 584 points on Tuesday tracking gains in HDFC twins, ICICI Bank and Kotak Bank amid positive cues from global markets. The 30-share BSE index ended 584.41 points or 1.16 per cent higher at 51,025.48, and the broader NSE Nifty surged 142.20 points or 0.95 per cent to 15,098.40. Kotak Bank was […]

The chairman of Saudi Aramco said on Tuesday the kingdom’s government remains committed to selling down some of its stake in the state oil firm. “Once we see the market conditions improve and once we see more appetite from different investment institutions and investors, we will definitely consider selling more shares of the Saudi government,” […]

JPMorgan Chase & Co is looking to sublet big blocks of office space in Manhattan, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The bank is looking to sublet just under 700,000 square feet at 4 New York Plaza in the Financial District and more than 100,000 square feet at 5 […]

Many Walmart Inc hourly workers will collect bigger paychecks on the U.S. east and west coast markets where the cost of living is higher and competition for labor among retailers is more intense, the company said. The world’s biggest retailer also said it has seen a slight increase in job applications for digital and stocking […]

Global equity markets were little changed on Tuesday as Wall Street retreated and investors took stock of gains from Monday’s surge, pausing to gauge whether a bond yield jump had run its course. The declining performance of the three major Wall Street indices followed a flat close in Europe and slipping shares in Asia. “It […]

Robinhood, the online brokerage used by many retail traders to pile in to heavily shorted stocks like GameStop Corp, has made an ambitious push into loaning out its clients’ shares to short sellers as it expands its business. The broker had $1.9 billion in shares loaned out as of Dec. 31, nearly three times the […]