Markets likely to be volatile; diagnostic, bank stocks in focus

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Markets likely to be volatile; diagnostic, bank stocks in focus

MUMBAI: Markets are likely to be volatile on Monday while trends in SGX Nifty suggest a flat opening of Indian benchmark indices. On Friday both the benchmark indices Sensex and Nifty hit record high. The BSE Sensex ended at 52,925.04, up 226.04 points …
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Siemens CEO Wants to Reinvent the 174-Year-Old Industrial Giant. Here Are His Plans.

The name Siemens may be synonymous with home appliances, but the German industrial giant is busy transforming itself into something far more valuable than a maker of dishwashers or refrigerators. Roland Busch, its new chief executive, has a plan to turn …
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South African brothers disappear with $3.6B in bitcoin in alleged heist

Two brothers in South Africa have disappeared along with $3.6 billion worth of bitcoin that was housed on their cryptocurrency investment platform, according to a Cape Town law firm hired by investors to investigate the alleged heist. The law firm, Hanekom …
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NAACP slams Ikea's Juneteenth watermelon menu apology as 'empty'

Ikea’s apology for its controversial Juneteenth-themed lunch menu is leaving a bad taste in the mouth of Georgia’s black community leaders. An Atlanta branch of the Swedish big box store is under fire this week for what employees denounced as a highly …
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Peloton struggles with new problem in contentious safety recall of its popular treadmills

Peloton at first refused to cooperate with a recall, even attacking the agency after the CPSC took the unusual step of warning the public about the dangers. But the company relented after facing a backlash from appalled customers and a slumping stock price.
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