Business

Tim Cook will step down as Apple's CEO in September, with hardware chief John Ternus named as his successor. The transition comes as Apple's App Store business faces regulatory and legal pressure on its 30% commission model. Investors will focus on whether Ternus can defend services margins through the leadership

Coupang (CPNG) is doubling down on its identified product segment sweet spot, directing operational and capital resources toward the categories where its vertically integrated logistics network holds the strongest competitive position. The strategic concentration targets improved inventory efficiency, margin per order,

India's EV market is expanding rapidly but charging infrastructure is failing to keep pace with projected demand, creating a supply-side constraint. The gap between vehicle growth and station availability risks slowing adoption and pressuring automakers, fleet operators, and energy investors who have priced in

Grant Cardone disclosed he holds debt on $2.2 billion in real estate, defending the position as deliberate leverage strategy while acknowledging widespread public criticism. The statement draws attention to refinancing and rate exposure risks that have intensified across leveraged commercial real estate since 2022. No

Judge Dale Ho in Manhattan denied Bayer's request to block Johnson & Johnson's advertising claiming Erleada cuts prostate cancer mortality risk by 51%, finding Bayer unlikely to prevail on its false advertising claims. The ruling leaves J&J's marketing campaign intact while the underlying lawsuit continues. Nubeqa and

Lahore 1947, produced by Aamir Khan and directed by Rajkumar Santoshi, is likely to be retitled Batwara 1947, per sources cited by Bollywood Hungama. The change reflects a desire for a title better suited to the film's Partition narrative beyond its city-specific reference. The period drama, also starring Sunny Deol,

Lakeland Industries held its Q4 2026 earnings call, though specific financial results were not included in the available source material. Investors tracking the protective clothing manufacturer should reference the official earnings release and SEC filings for revenue, margin, and guidance details.

A central industrial safety team will investigate the boiler explosion at Vedanta's Sakti power plant in Chhattisgarh that killed 21 workers and injured 14. The probe, initiated after a state boiler inspector's report, escalates oversight beyond the state level and could result in penalties or operational restrictions

India added over 55,000 DPIIT-recognised startups in FY26, the highest annual figure since the Startup India launch, taking the cumulative count past 2.23 lakh. The surge is backed by a Rs 10,000 crore Fund of Funds 2.0 and Rs 19,000 crore in Government e-Marketplace orders, signalling expanding public and

DPIIT recognised a record 55,200 startups in FY26, a 51.6% jump from FY25, lifting the cumulative total to 2.23 lakh with over 23.36 lakh direct jobs created. The government simultaneously launched FoF 2.0, a ₹10,000 crore fund targeting deeptech, micro VCs, and manufacturing startups from April 13. Roughly 50 new-age

Airwallex and Stripe are shifting from parallel operators to direct competitors as their geographic and customer-segment expansions converge. The collision is relevant for enterprise buyers of cross-border payment infrastructure, where competition between the two could improve pricing and switching leverage. Both

Gautam Adani has overtaken Mukesh Ambani to become Asia's wealthiest individual, with a net worth of $92.6 billion as of April 16. The ranking shift, placing Adani 19th on the Bloomberg Billionaires Index, reflects a broad rally in Adani Group stocks following the conglomerate's earlier difficulties.

SpaceX's Starlink is posting accelerating user growth as the company eyes a potential public market debut, per a new report. Faster subscriber additions bolster the satellite broadband unit's standalone valuation case and could intensify pressure for a formal IPO timeline. No listing date or structure has been

CinemaCon convenes in Las Vegas this week, bringing together studio executives and theater owners for slate previews and screen commitment discussions. The event serves as a key distribution checkpoint, with studio presentations directly influencing exhibitor booking decisions ahead of major releases.

Sundance winner 'Ricky' is self-distributing after star Sheryl Lee Ralph said traditional buyers were reluctant to acquire the film due to its subject matter. The filmmakers are framing the move as a deliberate new model for independent distribution in a tight acquisitions market.

Elon Musk is conditioning SpaceX IPO advisory roles on banks subscribing to Grok, the AI chatbot from his company xAI. The requirement leverages SpaceX's massive deal value to drive enterprise adoption of a separate Musk product, complicating banks' typical advisory selection calculus. No timeline for the IPO has been

California AG Rob Bonta unsealed records in the state's antitrust lawsuit against Amazon, allegedly revealing internal documentation of price-fixing tactics used to suppress competition among third-party sellers. The disclosure raises Amazon's litigation exposure and could fuel parallel federal or state enforcement

Visakhapatnam pharmaceutical distributors are warning of a 30, 40% rise in medicine prices, including paracetamol, driven by raw material cost shocks linked to the Iran conflict. India's reliance on West Asian active pharmaceutical ingredients makes domestic drug pricing directly vulnerable to regional supply disruption

Ian Katz, Channel 4's longest-serving chief content officer, is departing within months, triggering a high-stakes succession search under new CEO Priya Dogra. The role controls commissioning and independent production relationships at a broadcaster facing structural pressure on its ad-funded model.

The FDA is examining expanded testosterone therapy approvals for libido while GLP-1's grip on obesity treatment faces a scientific challenge from its own pioneers. Researchers now argue GIP-glucagon dual targeting may match GLP-1 efficacy with better tolerability. Kailera Therapeutics raised $625 million in what is