Nifty IT slides to four-month low amid AI, US Fed rate cut concerns| Business News

Shares of Indian software exporters slid more than 4% on Thursday, extending losses for the week, as persistent fears of AI-led disruption and fading hopes of a near-term rate cut by the U.S. Federal Reserve weighed on sentiment. The rise of Anthropic’s AI tools threatens to upend the labour-intensive business model of Indian IT industry. […]

Jaguar Land Rover recalls 2,300 electric SUVs over battery fire risk concerns

Check out what’s clicking on FoxBusiness.com. Jaguar Land Rover is recalling nearly 2,300 electric SUVs in the U.S. over concerns that a high-voltage battery may overheat, increasing the risk of fire, the National Highway Traffic Safety Administration (NHTSA) announced on Tuesday. The recall impacts 2,278 Jaguar I-Pace vehicles from the 2020–2021 model years. “As an […]

RBC Capital Flags Organic Growth Concerns at Roper Technologies (ROP)

Roper Technologies, Inc. (NASDAQ:ROP) is included among the Dividend Growth Stocks: 25 Aristocrats. RBC Capital Flags Organic Growth Concerns at Roper Technologies (ROP) Photo by NeONBRAND on Unsplash On January 29, RBC Capital cut its price target on Roper Technologies, Inc. (NASDAQ:ROP) to $398 from $539 and kept a Sector Perform rating following the company’s […]

Oberoi Realty dismisses slowdown concerns, gears up for Gurugram launch

Amid reports of a broader slowdown in housing sales, Vikas Oberoi, Chairman and Managing Director of Mumbai-based listed developer Oberoi Realty, said the company is not witnessing any slowdown and that the softness in the market remains developer-, location- and product-specific. He also said that the company expects to receive plan approvals for its Gurugram […]

Mindbodygreen recalls multivitamin over child safety risk concerns

Check out whats clicking on FoxBusiness.com. Mindbodygreen is recalling certain multivitamin products due to a violation of the standard for child-resistant packaging. The recall covers Mindbodygreen’s Ultimate Multivitamin+ dietary supplement bottles, which include supplements that contain iron and are therefore legally required to be in child-resistant packaging required by the Poison Prevention Packaging Act. If a […]

Starbucks sued by former executive Janice Waszak over safety concerns

Starbucks CEO tells Fox Business that the coffee chain is ‘ahead of schedule’ in its major turnaround effort, A former Starbucks executive is suing the coffee giant, alleging she was wrongfully fired after raising safety concerns about new store equipment. Janice Waszak accused the coffee giant of wrongful termination and sex discrimination. She claims Starbucks […]

Costco recalls mislabeled beignets over serious allergy risk concerns

Former JPMorgan Chase chief economist Anthony Chan analyzes a new poll on voters’ feelings about affordability of key items and his outlook for economic growth on ‘Varney & Co.’ Costco issued a recall notice for mislabeled bakery items that could cause allergic reactions in customers. Costco announced that one of its products, “Mini Beignets filled […]

Nvidia pauses ambitious 100-billion-dollar investment in OpenAI amid ‘internal concerns’: Report| Business News

Nvidia’s proposal to invest as much as 100 billion dollars in OpenAI has been put on hold after concerns were raised internally at the chipmaker about the scale and structure of the deal. While the CEO downplayed the likelihood of finalizing the agreement, both companies remain committed to advancing AI development together. (AFP) The plan, […]