Delhi Mayor Shelly Oberoi has condemned the order issued by the Lieutenant Governor (LG) VK Saxena directing the Municipal Corporation of Delhi (MCD) to conduct the Standing Committee election on September 27, calling it ‘illegal’ and ‘unconstitutional’. The AAP leader alleges that the BJP is trying to manipulate the election process by forcing an early vote and that the LG has no power to interfere in the functioning of the House.
A Mumbai-based lawyer has filed a legal complaint against BookMyShow and Live Nation, alleging a ticketing scam surrounding the Coldplay concert in Mumbai. The complaint highlights issues like inflated prices and unauthorized ticket reselling, prompting an investigation into the matter.
Steve Ballmer, the former CEO of Microsoft and current owner of the Los Angeles Clippers, has declared Elon Musk’s social media platform X (formerly Twitter) as his go-to source for news. This statement comes amidst ongoing debates about the reliability of social media for news consumption and the struggles of traditional news outlets in the digital age. Ballmer’s endorsement, coupled with X CEO Linda Yaccarino’s promotion, underscores Musk’s ambitions to position X as a leading platform for news and real-time information.
Senator Ron Wyden has introduced a comprehensive bill aimed at reforming the Supreme Court, including expanding the number of justices, strengthening congressional oversight, and enhancing transparency through stricter financial disclosure requirements. This proposal comes amidst growing public concern about the court’s recent decisions and its perceived influence on national policy.
The stock market climbed on Thursday, driven by strong corporate earnings, positive economic data, and a continued easing of investor anxiety. The S&P 500 reached a new record high, while the Dow Jones gained over 260 points. The CNN Money Fear and Greed Index remained in the “Greed” zone, indicating a generally positive market sentiment.
UK Prime Minister Keir Starmer has thrown his support behind India’s bid for a permanent seat on the UN Security Council, joining US President Joe Biden and French President Emmanuel Macron in advocating for New Delhi’s inclusion. Starmer also emphasized the need for the UNSC to undergo significant reforms, becoming more representative and effective.
Friday’s market opens with mixed futures, but several stocks are attracting investor attention. Costco reported strong earnings, while Scholastic exceeded expectations. Moving iMage Technologies and enVVeno Medical are also in focus, along with Travere Therapeutics which announced a pause in a clinical trial.
A BAPS Shri Swaminarayan temple in Sacramento, California, was vandalized with anti-Hindu messages, sparking outrage and calls for action. This incident follows a similar attack on a BAPS temple in New York just days earlier, highlighting a disturbing trend of hate crimes targeting Hindu places of worship.
SpaceX’s Starlink satellite internet service has reached a significant milestone, surpassing 4 million subscribers across over 100 countries and territories. This rapid growth reflects the increasing demand for reliable and high-speed internet connectivity worldwide.
Carnival Corporation is set to release its third-quarter earnings on Monday, Sept. 30. Analysts anticipate strong results with revenue exceeding $7 billion and earnings exceeding $1 per share. This comes as Carnival has been making moves to expand its offerings and attract more passengers. We delve into the latest analyst ratings and what they predict for the cruise line giant.
