Paint sector on the radar: CCI Probe, big investments, and high-profile exits in spotlight
The paint industry in India stands at a crossroads with a fresh wave of investments, disinvestments, and acquisitions. JSW Paints, launched by the JSW Group in 2019, acquired AkzoNobel, maker of Dulux paints, in a massive $1.1 billion deal. A year before, Aditya Birla Group launched Birla Opus paint with an investment of Rs 10,000 crore.
Read MorePerma Bull and Wall Street Strategist Tom Lee Is Betting $250 Million On This Cryptocurrency (Hint: Not Bitcoin)
Given Strategy‘s (formerly MicroStrategy) success as a Bitcoin (BTC 2.18%) treasury company, many other companies are now following in its footsteps.
For those unaware, Strategy, formerly a business intelligence company founded by Michael Saylor, who remains the company’s executive chairman,
Read MoreClosely watched US jobs report likely to show hiring slowed in June
The steady slowdown in U.S. hiring likely continued in June as President Donald Trump’s trade wars, federal hiring freeze and immigration crackdown weighed on the American job market.
When the Labor Department on Thursday releases job numbers for last month, they’re expected to show that businesses, government agencies and nonprofits added 115,000 jobs in June,
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Read MoreElon Musk's Tesla Has Halted The Production Of Its Humanoid Robot Optmius Amid Redesign Plans: Report
Tesla Inc. TSLA has reportedly halted production of its Optimus line of humanoid robots.
What Happened: Tesla has halted purchases of raw materials as it redesigns the hardware and software of its Optimus robot, according to sources in the company’s Chinese supply chain,
3 Social Security Mistakes Married Couples Risk Making
One nice aspect of being married in retirement is having a partner to share that journey with. The transition into retirement isn’t always smooth, so it’s helpful to have a spouse there for both moral and financial support.
And speaking of finances, married couples often have an advantage over single retirees in that they’re able to bring two sets of savings into the mix.
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Read MoreThe Burst
Market Commentary: Billionaires Loading Up On 1 Stock-Split Stock
A former hedge fund analyst commented that Nvidia was “either a fraud or 100% a short” yet billionaires continue to pile into this chip maker, why? We dived down the rabbit hole to find out.
Read MoreThe Ivy
Airline Stocks Plummet Now, What’s The Best Play?
It’s a strange phenomenon that at this time of year the airline industry, which you might think sees an uptick in travel spending, actually sees share prices nosedive.
More specifically, the share prices of airlines goes down even as those companies tend to make more money in the coming months as travel demand spikes.
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