- Berkshire Utility Presses Wildfire Appeal With Billions at Stake February 4, 2026Berkshire Hathaway Inc.’s PacifiCorp is asking an appeals court to throw out a 2023 jury verdict in a wildfire class-action case that has exposed the company to billions of dollars in losses.
- AMD Suffers Worst Rout Since 2018 on Disappointing Forecast February 4, 2026Advanced Micro Devices Inc. suffered its worst stock decline in more than seven years after the chipmaker’s sales forecast underwhelmed investors, a sign it’s not making the AI inroads that Wall Street anticipated.
- Cigna Settles FTC Lawsuit Alleging It Inflated Insulin Costs February 4, 2026Cigna Group’s Express Scripts reached a settlement with federal antitrust enforcers to resolve allegations that the company artificially inflated the price of insulin for patients through illegal rebate tactics.
- CCI orders probe into IndiGo over alleged abuse of dominance after mass flight cancellations February 4, 2026The regulator alleges that the airline abused its 60% market share by charging exorbitant fares to stranded travellers.
- Uber gets India-origin CFO bullish on driverless future February 4, 2026The transition comes as Uber prepares for a capital-intensive shift toward autonomous vehicle integration.
- US-India trade deal: India won't be bullied by Trump and his aides, Ajit Doval told Rubio February 4, 2026India's national security advisor met with US officials to mend ties after President Trump's tariffs and criticism. This led to a trade agreement reducing tariffs and boosting US imports, signaling a thaw in relations despite India's strategic autonomy efforts.
- India, Gulf Cooperation Council to ink terms of reference on Feb 5 for starting FTA talks February 4, 2026India and the six-nation Gulf Cooperation Council bloc will sign terms of reference for free trade agreement talks. This marks a resumption of negotiations after earlier rounds in 2006 and 2008. The agreement aims to boost trade between India and countries like Saudi Arabia, UAE, Qatar, Kuwait, Oman, and Bahrain.
- NHAI to create a pool of skilled construction workers February 4, 2026The plan is to partner with the construction companies to impart skills training through ITIs with the National Highways Authority of India (NHAI) providing the seed funding and the companies sharing the cost of training through the corporate social responsibility fund.
- Amazon ties up with IIT Roorkee to develop packaging material from agri waste February 4, 2026Amazon India is partnering with IIT Roorkee to create new packaging materials. These will be made from agricultural waste, offering a sustainable alternative to wood pulp and plastic. The project aims to develop lightweight, strong, and compostable mailers. This initiative could also benefit farmers by creating a market for their crop residues.
- CBDT chief says 88 per cent of individual taxpayers have opted for new tax regime February 4, 2026A significant 88% of individual taxpayers have opted for the new tax regime, with the government not planning a sunset clause for the old regime. The new regime offers lower tax rates and exemptions for those earning up to Rs 15 lakh annually. The Budget also proposes changes to MAT and STT to influence taxpayer behavior.
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