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The 55-year-old CEO of Vistex was celebrating his company's 25th anniversary at a movie studio stage in India. As part of the celebration, Shah and company president Raju Datla were being lowered from the ceiling to the stage in a cage or basket, when a cable broke and both men fell 20 feet (6.1 m), killing Shah and leaving Datla in critical ...
Last month, the Biden administration quadrupled tariffs on EV imports from China, from 25% to 100%, aiming to protect American jobs and manufacturing. Chinese EV sales to the United States are tiny.
Blockbuster (retailer) Blockbuster [5] formerly called Blockbuster Video is an American multimedia brand and former rental store chain. The business was founded by David Cook in 1985 as a single home video rental shop, but later became a public store chain featuring video game rentals, DVD-by-mail, streaming, video on demand, and cinema theater ...
On August 25, 2009, the Ireland-based pharmaceutical company Warner Chilcott announced they had bought P&G's prescription-drug business for $3.1 billion. [29] P&G exited the food business in 2012 when it sold its Pringles snack food business to Kellogg's for $2.75 billion after the $2.35 billion deal with former suitor Diamond Foods fell short ...
The Federal Reserve held interest rates at a 23-year high Wednesday while scaling back its estimate of rate cuts this year to one from three previously. The central bank voted to keep its ...
At the conclusion of its fourth rate-setting policy meeting of 2024 on June 12, 2024, the Federal Reserve kept the federal funds target interest rate steady at a 23-year high of 5.25% to 5.50% ...
On August 25, 2018, Gates distributed $600,000 through his foundation via UNICEF which is helping flood affected victims in Kerala, India. In June 2018, Gates offered free ebooks, to all new graduates of U.S. colleges and universities, and in 2021, offered free ebooks, to all college and university students around the world.
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