The former chief executive of Abercrombie & Fitch is now fit to stand trial on sex- trafficking and prostitution charges after spending months in hospital, prison officials say. Mike Jeffries was declared “mentally incompetent” by a court in May and said to be suffering with dementia and late onset of Alzheimer’s disease. A judge ordered…
premium The PLI scheme was notified and launched in 2020 by the Central government with the aim of boosting manufacturing, attracting investment, and reducing India’s import dependence for sectors like automobiles, electronics and pharmaceuticals. 3 min read Last Updated : Dec 12 2025 | 12:21 AM IST Reorienting the production-linked incentive (PLI) schemes by…
Investors are cheering early signals that Elon Musk’s SpaceX may head for an initial public offering next year, in what some market participants told Reuters could become the “craziest IPO in the history of the stock market.” The rocket and satellite company, long considered one of the world’s most valuable private firms, is exploring a…
As if dragging a three-wheeled carry-on across the mileage of an international airport isn’t enough, the government wants you panting before your flight. This week, Transportation Secretary Sean Duffy and Health Secretary Robert F. Kennedy Jr. had a pull-up competition in the middle of Reagan National Airport’s Terminal 2 (not a metaphor) to announce the $1 billion…
The Walt Disney Company’s $1 billion equity investment in OpenAI will serve as “a way in” to artificial intelligence, which will have a significant long-term impact on Disney’s business, Disney CEO Bob Iger told CNBC’s “Squawk on the Street” on Thursday. “We want to participate in what Sam is creating, what his team is creating,” Iger said….
The cost of hitting net zero targets has been laid bare by the UK’s energy system operator, showing a surge in spending over the coming years. But investing in clean generation projects, distribution networks and replacing fossil fuel cars and boilers could be many billions of pounds cheaper if the UK was less ambitious, according…
Adobe has teamed up with OpenAI to bring Photoshop, Express and Acrobat tools directly inside ChatGPT. As noted in the company’s blog, users can ask the chatbot to edit images, generate designs or work with PDFs without opening separate applications. The Photoshop features offered within ChatGPT cover both basic and advanced edits, while…
Original photo by [Sashin Govender], © [2022] [Sashin Goverder]. All rights reserved. A leading global media and branding agency has been awarded the title of “Best Media Agency in the World” for 2025 at the prestigious MEBA Awards, hosted at Dubai’s iconic Burj Al Arab. The Middle East Blockchain Awards (MEBA) recognize excellence in blockchain,…
The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. The cut decreased the Fed’s rate to about 3.6%, the lowest it has been in nearly three years. Lower rates from the Fed can bring…
ITR refunds: Delays in receiving income tax refunds this year are largely tied to filing errors, system checks for high-value claims and incomplete verification by taxpayers, according to an ET report. While small refunds have been processed for most filers, many taxpayers are still waiting because their returns have been flagged for additional review, or…