Books closed Tuesday afternoon at about 3.6 times the amount expected to be sold after lenders moved part of the funding into loans, Bloomberg reported. The high-grade sale is the biggest piece of a $52 billion financing package for the takeover. Paramount cut the planned bond sale by $2 billion to $30 billion and raised … Read more
Boeing Co. has been awarded a massive contract exceeding $20 billion to develop the U.S. Navy’s next-generation F/A-XX stealth fighter, beating out competitor Northrop Grumman Corp. Boeing prevailed over Northrop Grumman to win the high-stakes, classified F/A-XX contract valued at more than $20 billion. The new stealth fighter will begin replacing aging F/A-18 Super Hornets … Read more
DEA Chief Judge Derek Julius paused the cannabis rescheduling case on Tuesday afternoon. Rescheduling changes where marijuana sits under the federal Controlled Substances Act instead of legalizing it. In April, the Justice Department moved two categories of marijuana to Schedule III: FDA-approved products that contain marijuana, and marijuana grown or sold under a qualifying state … Read more
US Ambassador Sergio Gor hosted a regional conference for American envoys in India, focusing on South and Central Asia. He also visited Amritsar’s Golden Temple and observed the Yudh Abhyas 2026 joint military exercise in Rajasthan. United States Ambassador to India Sergio Gor on Tuesday hosted the US Ambassadors Regional Conference in India, convening American … Read more
The 65th National Exhibition of Art, organised by Lalit Kala Akademi, was held in New Delhi. Union Minister Gajendra Singh Shekhawat, the Chief Guest, felicitated 20 award-winning artists and highlighted the ‘Seva Hi Sanskriti’ initiative. The 65th National Exhibition of Art, organised by the Lalit Kala Akademi, was held on Tuesday in New Delhi. Gajendra … Read more
According to a Securities and Exchange Commission filing, Cohen bought 450,000 GME shares at $23.48 per share. The total value of the transaction comes up to $10.6 million. Last week, Ryan Cohen bought 1.15 million GME shares in multiple transactions priced between $22.76 and $23.02 for roughly $26.4 million. On September 10, he bought 1 … Read more
MCD has launched the ‘Suniyo 2.0’ property tax amnesty scheme. It allows property owners to clear dues by paying the principal tax for 2019-20 to 2026-27, with all prior dues, interest, and penalties being waived. The scheme is open until Dec 31, 2026. The Municipal Corporation of Delhi (MCD) on Tuesday launched the ‘Suniyo 2.0 … Read more
According to a filing with the SEC, Tesla signed three unused senior unsecured bank facilities on Tuesday: a $20 billion three-year delayed-draw term loan, plus $8 billion five-year and $2 billion 364-day revolvers. Tesla said nothing was drawn at signing and that it does not plan to borrow in 2026. As of June 30, Tesla … Read more
30-year Treasury yields are at their highest level since 2002. The S&P 500 ended Tuesday 0.2% lower, the Nasdaq 100 rose 0.2%, and the Dow Jones Industrial Average fell 0.3%. Trump administration ordered the release of oil from emergency reserves. Brent crude eased and settled near $103. The S&P 500 and Dow Jones ended Tuesday … Read more
AAP Delhi chief Saurabh Bhardwaj alleged that police-planted ‘goons’ hurled casteist slurs at a councillor and attacked party workers during a protest. The party, which claims to have video evidence, will now approach the High Court for intervention. Aam Aadmi Party (AAP) Delhi president Saurabh Bhardwaj on Tuesday alleged that several people began hurling casteist … Read more