securities

The Reserve Bank of India (RBI) is evaluating tokenising assets such as government bonds and customer deposits to expand the usage of its digital currency, two bankers aware of the developments told ET.Investors would be able to purchase government securities and other bonds using digital currency in their wallets.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIIT DelhiIITD…

Updated Jan. 16, 2024 5:13 pm ETA federal judge on Tuesday blocked JetBlue Airways’ $3.8 billion deal to buy Spirit Airlines, rejecting a merger that he said would hamper competition and lead to higher fares.The ruling thwarts what would have been the biggest U.S. airline merger in over a decade. It marks a victory for the U.S. Department of Justice, which sued last year to prevent JetBlue and Spirit from going ahead with their tie-up.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved.…

One of the flashiest executive perks has roared back since the onset of the pandemic: free personal travel on the company jet.Companies in the S&P 500 spent $65 million for executives to use corporate jets for personal travel in 2022, up about 50% from prepandemic levels three years earlier, a Wall Street Journal analysis found. Early signs suggest the trend continued last year. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 One of the flashiest executive perks…

After a year of right sizing, employers are looking in the mirror and concluding there is still fat to lose. Companies including Amazon, Xerox, Google and BlackRock this month have announced plans to trim their workforces. Some of the companies now cutting jobs conducted larger-scale layoffs over the past year or so. Since then, inflation has come down along with expectations for a recession, which most economists anticipated as recently as the middle of last year. Copyright ©2024Dow Jones & Company, Inc. All Rights…

Listen to article(1 minute)Some companies are kicking off the new year by trimming staff as a steady labor market shows signs of cooling off. The labor market flashed some warning signs at the end of last year. Hiring has slowed in recent months. Open positions also dropped at the end of 2023 compared with the beginning of the year, while employees are quitting at a lower rate than before the pandemic began. Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Listen to…

We get it. Turning on two-factor authentication for your online accounts can be a pain. But like going to the dentist, it’s just something you have to do.On Tuesday, someone broke into the Securities and Exchange Commission’s official X account and tweeted that spot bitcoin exchange-traded funds had been approved, sending the price of the cryptocurrency briefly higher. The official-looking announcement was a hack, an SEC spokeswoman said; the agency did officially approve the ETFs on Wednesday. Copyright ©2024Dow Jones…

Intel agreed to buy Silicon Mobility SAS, a fabless silicon and software company that develops system-on-chips for intelligent electric vehicle energy management.The purchase is one of the plans Intel announced at CES to bring its “AI everywhere strategy into the automotive market.”Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Intel agreed to buy Silicon Mobility SAS, a fabless silicon and software company that develops system-on-chips for intelligent electric…

Updated Jan. 4, 2024 7:20 am ETEnergy company APA has agreed to buy smaller peer Callon Petroleum in a stock-swap deal valued at about $4.5 billion including debt, continuing a wave of consolidation in the energy sector.APA on Thursday said it would issue 1.0425 shares, worth $38.31 based on the Wednesday closing price of $36.75, for each share of Callon, offering a nearly 14% premium to Callon’s closing price.Copyright ©2024Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Updated…

By Miles Kruppa | Photographs by Carolyn Fong for The Wall Street Journal Perplexity, a startup going after Google’s dominant position in web search, has won backing from Jeff Bezos and venture capitalists betting that artificial intelligence will upend the way people find information online.Started less than two years ago, Perplexity has fewer than 40 employees and is based out of a San Francisco co-working space. The company’s product, which it calls an answer engine, is used by about 10 million people…

Bloomin’ Brands has appointed two new members of its board as part of an agreement with activist investor Starboard Value.The Outback Steakhouse owner also said it would form an operating committee on its board to identify potential points of improvement.Copyright ©2024 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 Bloomin’ Brandshas appointed two new members of its board as part of an agreement with activist investor Starboard Value.The Outback Steakhouse owner also said it would…