Supreme Court confirms public can attend hearings in October for first time since Covid lockdown

A crosswalk signal is seen outside the U.S. Supreme Court building in Washington, U.S., June 27, 2022. Elizabeth Frantz | Reuters The Supreme Court starting Monday will allow members of the public to attend oral argument hearings for the first time since the Covid-19 lockdown of March 2020, the court’s press office confirmed in a … Read more

Ford’s fundamentals remain strong, despite CEO’s recession worries, productions snags

The economy faces a heightened risk of a recession, Ford (F) CEO Jim Farley told CNBC on Tuesday, a week after the automaker warned investors of $1 billion in unexpected supplier costs and parts shortages in the third quarter. But the Club is sticking with Ford because we believe it has what it takes to … Read more

India’s massive card security deadline unlikely to be extended – Times of India

MUMBAI: The Reserve Bank of India (RBI) is unlikely to extend a Friday deadline for businesses to set up an additional layer of security for consumers’ credit card data even after some concerns remain over payments failing and revenue losses, say bankers and merchants. Despite a demand by smaller merchants to delay the compliance date, … Read more

Cathie Wood’s Ark is buying stock in space SPAC Rocket Lab

A look at the company’s production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center. Rocket Lab Cathie Wood’s Ark Invest is dipping back into a space SPAC, with two of the firm’s funds buying up stock in Rocket … Read more

Govt cracks down on 30 illegal telecom set-ups for routing ISD calls – Times of India

NEW DELHI: The department of telecommunications in coordination with telecom service providers and law enforcement agencies has cracked down on 30 entities that were routing ISD calls received through internet illegally to mobile and wireline customers in India. Illegal telecom set-ups primarily use internet connectivity on one side and connect to domestic mobile and landline … Read more

Global recession increasingly likely as cost of living soars: Chief economists’ survey – Times of India

NEW DELHI: A global recession is becoming increasingly likely due to stubbornly high inflation and real wages continuing to fall, the World Economic Forum said on Wednesday citing a survey of chief economists from across the world. According to the WEF chief Economists Outlook report, real wages are expected to continue falling across the world … Read more

Cooling demand means raising prices becomes a test of how well companies know their customers

It’s time to sort the strong management teams from the weaker ones. As the country reopened after pandemic closures, price hikes were essentially a sure bet. There was plenty of pent-up demand and products were sometimes scarce due to supply chain issues. Companies also hiked prices as a necessity to preserve margins in the wake … Read more