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What went wrong with Ford’s $1 billion bet on Argo AI
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What went wrong with Ford’s $1 billion bet on Argo AI

Once a self-driving darling, Argo AI is shutting shop. When the Pittsburgh firm burst onto the scene in 2017, it drew attention and backing from two massive automakers—US manufacturer Ford and German brand Volkswagen (VW). On the road, it’s charged ahead with tests in US and Germany, as well as driverless cars ferrying its own...

IRDAI sets up consultative committee to increase health insurance
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IRDAI sets up consultative committee to increase health insurance

India’s insurance regulator has set up a 15-member committee for two years, asking it to give suggestions for increasing health insurance coverage in the country. The 15-member committee is headed by Rakesh Joshi, member at Insurance Regulatory and Development Authority of India (Irdai), and it will have representatives from the healthcare and...

Meta fined $24.7M for campaign finance disclosure violations
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Meta fined $24.7M for campaign finance disclosure violations

SEATTLE (AP) — A Washington state judge on Wednesday fined Facebook parent company Meta nearly $25 million for repeatedly and intentionally violating campaign finance disclosure law, in what is believed to be the largest campaign finance penalty in U.S. history. The penalty issued by King County Superior Court Judge Douglass North was the maximum allowed...

Finance Ministry extends ITR filing deadline for companies till Nov 7
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Finance Ministry extends ITR filing deadline for companies till Nov 7

The Finance Ministry on Wednesday extended the deadline for filing income tax returns for the assessment year 2022-23 by businesses till November 7. The last date for filing ITR by companies who are required to get their accounts audited was October 31. The Central Board of Direct Taxes (CBDT), the apex...

America’s GDP growth in the third quarter won’t dispel recession fears
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America’s GDP growth in the third quarter won’t dispel recession fears

After recording two consecutive quarters of negative growth, the Bureau of Economic Analysis (BEA) is expected to announce tomorrow (Oct. 27) the US economy expanded during the third quarter. Various analysts have been revising their GDP growth estimates, pointing towards a healthy rebound. Consumer spending has not dropped yet and employment numbers remain robust. Amid...

Rishi Sunak Takes Over as U.K. Prime Minister
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Rishi Sunak Takes Over as U.K. Prime Minister

The former hedge-fund manager and U.K. Treasury chief formally became Britain’s prime minister after he was appointed by King Charles III, vowing to steer the U.K. through a period of growing political and economic troubles.#Rishi #Sunak #Takes #U.K #Prime #Minister Source link

Hispanic Snack Brands Are on the Rise
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Hispanic Snack Brands Are on the Rise

Have you noticed the increased presence of a wacky little duck in sunglasses on the shelves at your local convenience store? If not, it might only be a matter of time. National Retail Solutions, a New Jersey–based point-of-sale company with systems in 18,000 stores nationwide, has found that Hispanic snack and candy brands are on the...

Hopes for India-UK FTA talks impetus with new Prime Minister Rishi Sunak
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Hopes for India-UK FTA talks impetus with new Prime Minister Rishi Sunak

As Rishi Sunak takes over as Britain’s first Indian-origin Prime Minister on Tuesday, there is renewed hope that the India-UK free trade agreement (FTA) will get a much-needed impetus after the Diwali deadline for draft completion was missed amid political turmoil in the UK. While the October timeline was set by former...

Rishi Sunak Takes Over as U.K. Prime Minister
Post

Rishi Sunak Takes Over as U.K. Prime Minister

The former hedge-fund manager and U.K. Treasury chief formally became Britain’s prime minister after he was appointed by King Charles III, vowing to steer the U.K. through a period of growing political and economic troubles.#Rishi #Sunak #Takes #U.K #Prime #Minister Source link