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Laid off GM employees describe ominous meeting, AI and severance

TazaPulseMay 12, 2026

DETROIT — An ominous email about an oddly timed 15-minute virtual meeting. A scripted message from human resources. And an abrupt end to that meeting, as well as their job. That’s how several General Motors employees who were laid off Monday by the Detroit automaker described their jobs being terminated to CNBC. “No appreciation or...

‘Unfair trade practice’: Consumer commission pulls up EPFO over decade-long PF delay, orders Rs 50,000 compensation

TazaPulseMay 12, 2026

The District Consumer Disputes Redressal Commission, Chandigarh has held that the Employees’ Provident Fund Organisation (EPFO) cannot cite software glitches or technical issues to justify a nearly 10-year delay in transferring provident fund (PF) accumulations from an employee’s old account to a new one.The commission partly allowed a complaint filed by employee Rajesh Garg and...

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Markets raise chances for a Fed rate hike following hot inflation report

TazaPulseMay 12, 2026

A customer shops for produce in an H-E-B grocery store on May 11, 2026 in Austin, Texas. Brandon Bell | Getty Images Traders moved further away Tuesday from expecting any Federal Reserve interest rate cuts and in fact began anticipating a higher probability that the next move would be a hike. Following a hotter-than-expected inflation...

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United Airlines flight attendants ratify new contract with 31% raises

TazaPulseMay 12, 2026

A United Airlines plane approaches the runway at Denver International Airport on March 23, 2026. Al Drago | Getty Images United Airlines flight attendants approved a new five-year labor contract with 31% average raises to base pay by August and other improvements, marking the last of the major carriers with unionized flight crews to reach...

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Senate confirms Kevin Warsh as Fed governor, clears way for chair vote

TazaPulseMay 12, 2026

Kevin Warsh took another step towards becoming Federal Reserve chair on Tuesday, clearing a key Senate vote that puts him on the central bank Board of Governors. The upper chamber voted to approve Warsh’s nomination by a 51-45 vote, on a mostly party-line basis. Only Sen. John Fetterman, D-Pa., crossed lines to vote for President...

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Stocks making the biggest moves midday: WEN, VSTS, CLSK, UAA

TazaPulseMay 12, 2026

Check out the companies making the biggest moves midday: Vestis – The uniform and apparel maker surged more than 30% after its fiscal second-quarter results beat expectations. Vestis also raised its fiscal 2026 EBITDA outlook. Zebra Technologies – The automation stock popped 17% on better-than-expected Q1 results. Zebra earned $4.75 per share, excluding certain items,...

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Qualcomm drops as chip stocks pull back from record AI-driven rally

TazaPulseMay 12, 2026

Qualcomm is one of the biggest semiconductor companies making chipsets. Nurphoto | Nurphoto | Getty Images Chip stocks dropped on Tuesday, pulling back from a massive rally that broadened the artificial intelligence trade beyond Nvidia and propelled the sector to new highs. Qualcomm plummeted 13% and headed for its worst session since 2020. Intel dropped...

C-CAMP teams up with global tech firm to make drug testing more accessible

TazaPulseMay 12, 2026

BENGALURU: The Centre for Cellular and Molecular Platforms (C-CAMP) Tuesday said it has deepened its partnership with American laboratory technology giant Agilent Technologies, giving a far wider range of Indian researchers access to some of the most sophisticated drug-testing equipment in the world, without having to buy it themselves.Think of it as a library, but...

6 killed in Maharshtra’s Sangli after Temple wall collapses due to rain | India News

TazaPulseMay 12, 2026

NEW DELHI: At least 6 people were killed and around 14 injured after a Temple wall collapsed in Maharashtra‘s Sangli on Tuesday, PTI reported citing officials. The incident occurred as the region is witnessing strong winds and heavy rains.This is developing story Source link

US stock market today (May 12, 2026): Oil price surge, inflation fears drag Wall Street, S&P 500 down 0.6%, Nasdaq 0.9% lower

TazaPulseMay 12, 2026

AI image for representation US stocks retreated on Tuesday as rising oil prices, sticky inflation and a selloff in technology shares cooled Wall Street’s record-setting rally.The S&P 500 fell 0.6 per cent after closing at an all-time high in the previous session, while the Dow Jones Industrial Average dropped 288 points, or 0.6 per cent....

Ebola Outbreak: ‘We thank India’: Africa CDC on emergency Ebola aid as Congo battles Ebola outbreak | India News

Triumph’s 350cc bikes get costlier by up to 5k! Models, new prices

Economic strength: India’s manufacturing sector growth accelerates to 3-month high in May amid Middle East conflict

Trump once slammed Biden for touching US oil reserves, now he’s draining it: Report

Abhishek Banerjee to move court over attack in West Bengal | India News

Hyundai India starts FY27 strong with 9% sales growth in May: Details

Laid off GM employees describe ominous meeting, AI and severance

‘Unfair trade practice’: Consumer commission pulls up EPFO over decade-long PF delay, orders Rs 50,000 compensation

Markets raise chances for a Fed rate hike following hot inflation report

United Airlines flight attendants ratify new contract with 31% raises

Senate confirms Kevin Warsh as Fed governor, clears way for chair vote

Stocks making the biggest moves midday: WEN, VSTS, CLSK, UAA

Qualcomm drops as chip stocks pull back from record AI-driven rally

C-CAMP teams up with global tech firm to make drug testing more accessible

6 killed in Maharshtra’s Sangli after Temple wall collapses due to rain | India News

US stock market today (May 12, 2026): Oil price surge, inflation fears drag Wall Street, S&P 500 down 0.6%, Nasdaq 0.9% lower

Latest News

Ebola Outbreak: ‘We thank India’: Africa CDC on emergency Ebola aid as Congo battles Ebola outbreak | India News

Triumph’s 350cc bikes get costlier by up to 5k! Models, new prices

Economic strength: India’s manufacturing sector growth accelerates to 3-month high in May amid Middle East conflict

Trump once slammed Biden for touching US oil reserves, now he’s draining it: Report

Abhishek Banerjee to move court over attack in West Bengal | India News

Hyundai India starts FY27 strong with 9% sales growth in May: Details

Economic strength: India’s manufacturing sector growth accelerates to 3-month high in May amid Middle East conflict

Trump once slammed Biden for touching US oil reserves, now he’s draining it: Report

Abhishek Banerjee to move court over attack in West Bengal | India News

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Ebola Outbreak: ‘We thank India’: Africa CDC on emergency Ebola aid as Congo battles Ebola outbreak | India News

Triumph’s 350cc bikes get costlier by up to 5k! Models, new prices

Economic strength: India’s manufacturing sector growth accelerates to 3-month high in May amid Middle East conflict

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