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FEBRUARY 19, 2024 Ursula von der Leyen, President of the European Commission. She steered the continent through the pandemic. She has massively increased the powers of the European Commission. And she has led a response to the challenges of climate change, Russia’s invasion of Ukraine, and competition from China. Ursula von der Leyen might well have convinced herself of the strength of...
FEBRUARY 19, 2024 Tim Cook, CEO of Apple, attends the European Parliament in Brussels, Belgium on Oct. 24, 2018. - Dursun Aydemir/Anadolu Agency/Getty Images Happy President’s Day! The United States is celebrating Washington today (more precisely, President George Washington’s birthday), but American business leaders would do well to pay attention to what's happening in Brussels instead. The European Commission, based in Brussels, is planning...
FEBRUARY 19, 2024 Cloud-based security company Verkada says its "3-3-3" perk is paying for workers' happy hours — and boosting its business. Graham Oliver/Getty The CEO of a $3.5 billion security company says its paying for workers to socialize. A "3-3-3" program allows employees to go out for food or drinks and expense the charge. Verkada boss Filip Kaliszan said it's actually...
FEBRUARY 18, 2024 Union Minister Rajeev Chandrasekhar. NEW DELHI: Two full-fledged semiconductor fabrication plants are going to come up in India very soon entailing multi-billion dollar investment besides several chip assembly and packaging units, Minister of Electronics and IT Rajeev Chandrasekhar said. In an interview, the minister confirmed that the two projects include a USD 8 billion proposal submitted by Israel-based Tower...
FEBRUARY 17, 2024 Former US trade representative Robert Lighthizer, who served under former US president Donald Trump, said India is one of the world’s most protectionist countries. (Image: Reuters File/Representative) Robert Lighthizer, who served as President Donald Trump’s trade representative between 2017 and 2021 in his book titled No Trade is Free: Changing Course, Taking on China and Helping America’s Workers...
FEBRUARY 18, 2024 Ethanol could be a viable alternative in India to electric cars, but it will take time to succeed as a greener and cleaner alternative to unblended petrol or diesel; as well as a cheaper alternative to electric vehicles. In the rapidly evolving world of the automotive industry, a profound transition is underway, which is steering the trajectory toward...
FEBRUARY 16, 2024 Meta's CEO says that companies overhired and realized they worked better with fewer employees. JOSH EDELSON/Getty Mark Zuckerberg said that tech layoffs since the pandemic are due to multiple factors. The first wave was due to a course correction from pandemic-era growth and overhiring. Meta's CEO said more recent layoffs are because companies realized being leaner can make you...
FEBRUARY 14, 2024 Jensen Huang, co-founder and chief executive officer of Nvidia Corp. I-HWA CHENG/Getty Images Nvidia's  (NVDA)  got a chip on its shoulder. The Santa Clara, Calif.-based company, which has seen its market value more than triple over the past year, has solidified its place as the world's biggest producer of chips for artificial-intelligence applications. Artificial intelligence, or AI, makes it possible...
FEBRUARY 13, 2024 In a special interview aired by All India Radio on Tuesday, President Droupadi Murmu shared the trauma she went through after losing her two sons and husband. “I was depressed at one point. Somebody recommended yoga and I also started meditating to cope. If your mind is idle, negativity starts to overcome you. I personally feel like spending...
FEBRUARY 13, 2024 What to Watch in the CPI Report: Will Inflation Fall Below 3%? Inflation cooled to 3.1% in January, while underlying prices ticked up slightly more than expected. Economists polled by The Wall Street Journal expected the Labor Department’s monthly inflation report would show that overall consumer prices were up 2.9% in January from a year earlier. That would mark...