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Archived image accompanying: Siddaramaiah rules out 2028 run as Karnataka enters new era

Siddaramaiah rules out 2028 run as Karnataka enters new era

Siddaramaiah says age, health and money-driven politics will keep him off Karnataka's 2028 ballot, shifting attention to Congress's next generation and the future of his Varuna seat.

3 months ago

Archived image accompanying: AmEx Lifts Revenue Outlook, but Spending Plans Rattle Investors

AmEx Lifts Revenue Outlook, but Spending Plans Rattle Investors

American Express raised its 2026 revenue growth forecast after affluent customers drove a second-quarter profit beat. Shares still fell as higher investment spending kept the company’s profit outlook unchanged.

3 months ago

Archived image accompanying: AI spending fears and $100 oil send Wall Street sharply lower

AI spending fears and $100 oil send Wall Street sharply lower

The Nasdaq led a broad Wall Street selloff as investors questioned the returns on Big Tech’s growing AI budgets. Brent crude’s move to $100 added inflation and interest-rate fears to the pressure.

3 months ago

Archived image accompanying: GU brings Francesco Risso’s designer vision to mass-market prices

GU brings Francesco Risso’s designer vision to mass-market prices

GU’s first full fall collection under former Marni designer Francesco Risso combines six mix-and-match style worlds with mass-market pricing. The launch is also a test of whether Fast Retailing can give Uniqlo’s smaller sibling a global identity of its own.

3 months ago

Archived image accompanying: KeyCorp leans on commercial lending gains in push for dealmaking fees

KeyCorp leans on commercial lending gains in push for dealmaking fees

KeyCorp beat earnings expectations as commercial lending, lower deposit costs and fee-business ambitions shaped its second-quarter story. The bank is also using its planned Clearwater UK acquisition to widen its middle-market dealmaking reach.

3 months ago