Apple’s Blueprint: Indian Government Suggests Tesla Adopt Similar Strategy For Chinese Suppliers
This story was first published on the Benzinga India portal. Indian government officials suggested Tesla Inc (NASDAQ: TSLA) – currently discussing setting up a plant in India – partner with local firms to work with any Chinese suppliers the electric carmaker is currently involved with. What Happened? Officials from Tesla told the Indian government that they’d like some of their Chinese […]
Trump-Era Bailout Of Trucking Giant Yellow Heads South, Leaving Taxpayers In The Dust
The sudden cessation of operations by the trucking titan, Yellow Corp. (NASDAQ:YELL), may lead to financial losses for American taxpayers, highlighting the inherent risks of government aid to corporations. Government’s Lifeline To Yellow And Its Implications In 2020, during the peak of the Covid-19 pandemic, the U.S. government loaned Yellow $700 million, a move that […]
This US Investment Giant Thinks It’s The Perfect Time To Enter India’s Credit Market: Here’s Why
This story was first published on the Benzinga India portal. Franklin Templeton’s India branch is reportedly gearing up to launch a private credit fund, enabling it to offer loans to companies in a market where both banks and non-banking financial companies (NBFCs) are largely hesitant to cater to anyone other than top-rated businesses. What Happened? According to […]
What’s Going On With IonQ Stock?
IonQ Inc (NYSE: IONQ) shares are trading higher Monday on continued momentum following Friday’s surge. IonQ shares traded more than 15% higher Friday following rumors of a bullish mention of the stock in a newsletter. What Happened: According to Benzinga Pro, rumors circled at the end of last week that IonQ could … Full story available on Benzinga.com […]
Singapore Executes Woman For Heroin Possession: Why Do Punitive Drug Approaches Persist Worldwide?
On July 28, 2023 the Singapore law enforcement authority hanged 45-year-old Saridewi Binte Djamani following a “drug trafficking” charge. She was found possessing a little over 30 grams of heroin back in 2018. The decision makes the first time the Lion City executes a woman in almost 20 years, following 36-year-old Yen May Woen who […]
Disney CEO Bob Iger’s Comments Lead To Speculation Of Asset Sale, Sending The Mouse’s Stock Price To COVID-19 Lows
Walt Disney Company (NYSE:DIS) CEO Bob Iger has recently been the subject of criticism from the creative community for his comments on the ongoing strike by Hollywood writers and actors. Iger, who has long been admired by both Wall Street and his employees, has been accused of being “tone deaf” and unrealistic in his economic […]
VA Docs May Soon Recommend Medical Marijuana, Psychedelics Research: Bill Gets House Greenlight
The GOP-controlled House of Representatives recently passed two amendments of a comprehensive Military Construction, Veterans Affairs and Related Agencies (MilCon/VA) spending bill. One would allow VA doctors to recommend medical cannabis to veterans, and the other would promote research into certain psychedelics. Filed by the Congressional Cannabis Caucus co-chairs, the first amendment points at blocking […]
Fireside’s Vision: Expanding Support Beyond Harm Reduction In Psychedelics
Fireside Project (FP) partnered with clinicians and researchers in the psychedelics field to develop a follow-up survey of its psychedelic peer-supported helpline. Results indicate the positive impact that just “having someone to talk to” has on people experiencing a difficult or bad trip. The nonprofit’s peer support line was originally born out of Joshua White’s […]
Amazon’s Challenger Owned By India’s Richest Man Could Attract $1B Interest From Qatar Sovereign Fund
This story was first published on the Benzinga India portal. India’s Reliance Industries (RIL) shares climbed more than 2% on Wednesday amid reports that billionaire Mukesh Ambani is in talks with the Qatar Investment Authority (QIA) for the sovereign wealth fund to buy a minority share in Reliance Retail. What Happened? As reported by the Financial Times, citing people familiar with the matter, QIA, […]
Elon Musk’s Tesla To Discuss Low-Cost Car With Indian Government — Aims For A Price Below Model 3 in China: Report
This story was first published on the Benzinga India portal. Electric car maker Tesla Inc (NASDAQ: TSLA) is set to resume talks with the Indian government to establish a factory in the country to manufacture low-cost EVs, including a new $24,000 (INR 2 million) car. What Happened? Tesla representatives are scheduled to meet India’s commerce minister this month to […]