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The Economic Times

Global Business / The Economic Times

In 2022, Kevin Hart merged two businesses into HARTBEAT; a $100 million minority investment valued the new media company at about $650 million

Kevin Hart's media company Hartbeat illustrates the challenges faced by celebrity-backed ventures in sustaining growth. While initial success was evident, Hartbeat has experienced executive turnover and workforce reductions. The company has restructured its operations and partnered with Authentic Brands Group for financial support. Research indicates that a credible connection between the celebrity and their brand is crucial for long-term viability.

7 Oct 2026 1:30 pm
In 2012, Jennifer Aniston became an investor and face of Living Proof; four years later, Unilever agreed to buy the science-based haircare company

Jennifer Aniston has been instrumental in the rise of Living Proof, a haircare brand that prioritizes groundbreaking science in its products. Co-founded by MIT's Robert Langer and entrepreneur Jon Flint, the brand was acquired by Unilever in 2016 to bolster its haircare division. Aniston's role highlights the necessity of scientifically-backed products rather than just celebrity glamour, reshaping how consumers view beauty brands.

7 Oct 2026 1:20 pm
In 2015, Jay-Z paid roughly $56 million for TIDALs parent company; six years later, Jack Dorseys Square paid $297 million for a majority ownership stake

In 2015, Jay-Z took a bold step by acquiring TIDAL with a vision to create a music streaming platform driven by artists. Fast forward to 2021, Square made headlines by securing a $297 million majority stake in TIDAL. This move not only empowers musicians to embrace entrepreneurship through Square's financial technology but also ensures that artist shareholders retain their ownership. This merger exemplifies the blending of entertainment and fintech sectors.

7 Oct 2026 1:00 pm
WHO says medicines, surgery not first-line treatment for childhood obesity

The World Health Organization has released guidelines on treating obesity among children and adolescents. It emphasizes structured diets, physical activity, and behavioral changes as primary treatment methods. Weight-loss medications are not recommended for children aged zero to nine years. For adolescents, these medications may only be considered after conventional methods fail to deliver results. Mental health support is also crucial as obesity often leads to stigma and emotional issues.

7 Oct 2026 12:51 pm
Tesla is browbeating the EU to approve its 'Full Self-Driving' tech. The pressure is working

Tesla is involved in a campaign to secure EU approval for its Full Self-Driving technology. The automaker faces criticism regarding the validity of its safety research and claims. European regulators are examining the methodology behind Tesla's assertions of crash reduction performance. Tesla officials have engaged in discussions with various regulators to alleviate concerns over the technology. The outcome of this push could significantly impact Tesla's market presence in Europe.

7 Oct 2026 12:08 pm
RBI raises policy rates 25 bps to tame inflation as India hurdles growth barriers

The Reserve Bank of India has unanimously decided to increase the benchmark repo rate by 25 basis points. This decision was made amid rising inflation projections and increasing US bond yields. The bank also revised its economic growth forecast for FY27 to 7.1%, indicating strong economic activity. Inflation is expected to reach an average of 5.2% through FY27, affecting consumer prices.

7 Oct 2026 12:08 pm
IIT mechanical engineer seeks live-in maid job, says she may have to stay at bus stand after father kicked her out

An IIT graduate has sought immediate work and temporary accommodation in Hyderabad after claiming that her father asked her to leave home, leaving her with money for only two to three days. In a Reddit post, she asked about job opportunities, including live-in maid work, and said she was willing to relocate and start immediately. The post sparked discussion about employment challenges faced by highly qualified graduates.

7 Oct 2026 12:06 pm
How the EU regulates lobbyists after 2022 Qatargate bribery scandal

Following the 2022 Qatargate bribery scandal, the European Union tightened its lobbying rules in Brussels, where thousands of businesses and industries push their interests to EU lawmakers and officials. - Public agendas - Brussels tightened its lobbying rules after the so-called Qatargate cash-for-influence scandal in 2022, when former EU lawmakers were suspected of taking bribes from Qatar and Morocco.

7 Oct 2026 11:59 am
Nepal in talks with China to reopen Tatopani border point

Kathmandu is engaged in discussions with China to resume operations at the Tatopani border point. The border has remained closed since August due to severe floods and landslides affecting both Nepal and China. Infrastructure Development Minister Sunil Lamsal stated that no issues exist on the Nepali side of the border. However, readiness from the Chinese side to reopen remains uncertain as infrastructure is being restored.

7 Oct 2026 11:59 am
Centre extends West Bengal DGP Siddh Nath Gupta's tenure by 6 months

West Bengal DGP Siddh Nath Gupta received a six-month extension in service approved by the Cabinet. He was originally set to retire on October 31 after previous extensions. The Appointments Committee made this decision based on public interest reasons. Gupta, a 1992-batch IPS officer, was appointed police chief by the Election Commission earlier this year. This extension relaxes rules governing retirement benefits for All India Services.

7 Oct 2026 11:57 am
Can $1 billion buy victory in the midterm elections? Some Republicans fear the answer is no

Republicans enter the final month before the midterms with a major cash advantage but growing concern that late spending may not offset voter dissatisfaction over Trump, the cost of living and the Iran war. Trump-aligned groups are pouring money into competitive Senate and governor races, but the late ad buys are far more expensive, raising doubts over how effectively the party can translate its roughly $1 billion war chest into electoral gains.

7 Oct 2026 10:48 am
Gold prices dip Rs 1,500/10 grams; silver down Rs 1,600/kg ahead of Fed minutes. Key levels to track

Gold and silver prices fell on the Multi Commodity Exchange as traders anticipated crucial insights from the US Federal Reserve's September meeting minutes. While optimism for an October rate hike has waned, December remains on the table. Analysts have outlined key support and resistance levels for both metals today. Additionally, physical gold prices differ in major Indian cities, reflecting varied market dynamics.

7 Oct 2026 10:05 am
Louis Vuitton goes sheer and fluid for a hotter world

Nicolas Ghesquiere showcased a spring/summer 2027 collection that highlights the impact of climate change on fashion. The collection features lightweight fabrics and streamlined silhouettes to adapt to warmer temperatures. Ghesquiere emphasized the complexity of creating light garments while maintaining functionality and relevance. Celebrity guests, including Felix and Brigitte Macron, attended the show, which featured minimalist designs with limited monogram use.

7 Oct 2026 8:00 am
flydubai pilot suffered depressed skull fracture while fighting off co-pilot who attacked him with axe

Captain Smit Machchhar sustained serious injuries during an attack by co-pilot Hammam al-Hammami in the cockpit. He suffered a depressed skull fracture that required emergency surgery for his recovery. After initial treatment in Saudi Arabia, he was transferred back to the UAE for further care. The Indian embassy has reported ongoing support and monitoring of his health. Machchhar's situation reflects a significant and challenging incident aboard the aircraft.

7 Oct 2026 8:00 am
Families of some US troops killed in the Iran war's deadliest strike absent from White House event

At a recent White House gathering, relatives of servicemen who fell in the Iran war came together to honor their ultimate sacrifice and air their frustrations. A significant number are upset about the unresolved inquiries regarding the deadly March 1 drone strike that left six soldiers dead. The ceremony honored around 40 fallen heroes, yet many families lamented the lack of timely invitations, leaving several feeling excluded.

7 Oct 2026 7:56 am
Gold flat as focus turns to Fed minutes

Gold prices remained steady as market participants look forward to insights from the Federal Reserve's upcoming meeting minutes. Spot gold hovered at $4,159.62 per ounce, while December futures were valued at $4,187.30. Amid ongoing inflation and recent sluggish economic indicators, Fed discussions around interest rate hikes are influencing investor sentiment, with many opting for yield-generating assets over gold.

7 Oct 2026 7:28 am
Oil prices rise as storms and air strikes threaten supply

As a storm approaches key oil-producing areas in the US and tensions heighten in Saudi Arabia, oil prices are on the rise. The impending storm threatens to disrupt both production and refining processes, potentially affecting large quantities of crude oil and natural gas. Additionally, dwindling US crude and gasoline inventories contrast with a minor increase in distillate stocks.

7 Oct 2026 7:22 am
CNNs new era begins as Skydance brings two news giants under one roof

Skydance has completed its acquisition of CNN, raising questions about the network's editorial independence. Mark Thompson will continue as editor-in-chief, while new governance structures are under consideration. Critics worry that corporate ownership may influence news coverage and reporting standards over time. Skydance's relationship with political figures, particularly Donald Trump, adds another layer of complexity to its news operations. Discussions about maintaining journalistic integrity

7 Oct 2026 7:21 am
Trump says nobody knows who is running Iran as war enters eighth month

US President Donald Trump stated that nobody knows who is currently running Iran amid ongoing conflict. He expressed concerns about Iran's leadership following the death of Supreme Leader Ayatollah Ali Khamenei at the war's onset. Iran's foreign ministry spokesman countered by asserting that the US understands Iran's decision-making system. Meanwhile, rising fuel prices due to the conflict could impact Trump's party during the upcoming midterm elections.

7 Oct 2026 7:12 am
Russia pneumonic plague revives fears of COVID-19: What are chances of virulent disease becoming another worldwide pandemic? Read Experts' opinions

Russia pneumonic plague: The woman died at a hospital in Shelekhov, a town just outside the city of Irkutsk, and its mayor said the hospital was placed under quarantine. The top officials from Russias national public health watchdog traveled to the region on Friday.

7 Oct 2026 6:56 am
Trump doesn't commit to repaying federal funds spent on TV ads that praised him

US President Trump indicated he would cover future ad expenses from his campaign account while federal taxpayer funds remain unrefunded. Criticism has emerged from both political parties regarding the appropriateness of using taxpayer money for these ads. Legal experts are examining potential violations of federal laws concerning publicity and propaganda funded by appropriated money. Senate Democratic Leader Chuck Schumer called for an investigation into the use of taxpayer resources.

7 Oct 2026 6:46 am
French riot police fire tear gas as more than 2,50,000 join student protests nationwide

Protests in France have seen over a quarter of a million people rally for education funding support. High school students began demonstrations two weeks ago, leading to school blockades and police responses. Authorities have shut down several schools to control the situation and ensure safety. Meanwhile, an online portal has been launched for students to voice their complaints and proposals.

7 Oct 2026 6:40 am
Hurricane in Gulf: Tropical Depression 9 to become first Atlantic hurricane storm of 2026, predicted to hit Louisiana, Mississippi, forecast landfall could affect Shell, Chevron, other refineries

Hurricane tracker: Shell Plc began evacuating non-essential workers from its Stones, Mars, Olympus, Ursa, Vito and Appomattox offshore production assets in the US-regulated northern Gulf of Mexico on Tuesday, the company said in a statement posted online.

7 Oct 2026 6:30 am
Dolly Parton estate Bryan Seaver lawsuit: Legendary singer's nephew puts up barbed wire, no trespassing sign. Here's why

Dolly Parton estate petition names Bryan Seaver who was handpicked by the star to announce her death from cancer and his company, Squadron Augmented Protection Services.

7 Oct 2026 5:59 am
Nvidia share price jumps nearly 30 per cent in 2026 as world's most valuable company heads for USD 6 trillion market value

Nvidia stocks, market cap: Elon Musk's SpaceX is seeking to raise $40 billion in a financing effort led by asset manager Apollo Global Management to purchase Nvidia chips, the Financial Times reported on Tuesday.

7 Oct 2026 5:13 am
Gold price prediction: Gold rate slips for the year in 2026, experts predict bullion price for next 12 months

Gold price is expected to hit $5,013 a troy ounce over the next 12 months, up from the current level of $4,170, delegates to the London Bullion Market Association's (LBMA) annual gathering in Sorrento, Italy predicted on Tuesday. A year ago the delegates of the same conference expected gold to be at around $4,980 by now.

7 Oct 2026 4:52 am
Why captive African male lions hit puberty earlier than wild lions, some at just 1.2 years of age? Heres what researchers found

A study found captive-born African male lions reached puberty earlier than wild-born lions, with some reaching the stage before 1.2 years of age. Researchers linked the timing to body weight and growth rate, while hormone and sperm measurements provided further evidence of reproductive development.

7 Oct 2026 3:00 am
What did you mean?: Trump walks away from CNN as Kaitlan Collins presses over LA, San Diego Remark

What did you mean?: Trump walks away from CNN as Kaitlan Collins presses over LA, San Diego Remark

7 Oct 2026 2:36 am
'Let 'em take out Los Angeles & San Diego': Trump faces Dems' wrath over Iran comment; WH clarifies

'Let 'em take out Los Angeles & San Diego': Trump faces Dems' wrath over Iran comment; WH clarifies

7 Oct 2026 2:33 am
On dialysis every other day: Witness reveals how kidney failure began after COVID vaccine shot

On dialysis every other day: Witness reveals how kidney failure began after COVID vaccine shot

7 Oct 2026 2:32 am
His kidneys got trashed: Witness reveals friends condition deteriorated after COVID treatment

His kidneys got trashed: Witness reveals friends condition deteriorated after COVID treatment

7 Oct 2026 2:31 am
There are two kinds of Senators: JD Vances sarcastic comeback to Rubio leaves crowd in stitches

There are two kinds of Senators: JD Vances sarcastic comeback to Rubio leaves crowd in stitches

7 Oct 2026 2:30 am
Paramount Skydance merger: Is David Ellisons $110 billion hollywood gamble now about tech?

Paramount Skydance has completed a $110 billion merger with Warner Bros. Discovery to reshape Hollywood's landscape. The merger combines major studios and platforms under one roof, aiming for efficiency and technological advancements. Skydance plans to streamline operations while managing considerable debt and integrating two large companies. Executives emphasize the importance of technology and artificial intelligence in enhancing viewer experiences.

7 Oct 2026 2:18 am
Someone in South Carolina has a $50,000 powerball ticket and they may not even know it yet

A Powerball ticket worth $50,000 has yet to be claimed by its owner in South Carolina. This winning ticket was sold at St. Stephen Foodmart, matching four white balls and the Powerball. The winner has 180 days from the drawing date to claim their prize. Lottery officials encourage players to check their tickets against the winning numbers drawn on Monday night.

7 Oct 2026 1:34 am
Trump LIVE | POTUS sets the pitch for midterms as he campaigns for Republicans in Maryland

Trump LIVE | POTUS sets the pitch for midterms as he campaigns for Republicans in Maryland

7 Oct 2026 1:31 am
Motivational quote of the day by Oscar-winning actress Jamie Lee Curtis: The goal is to get comfortable with... Powerful life lessons on self-acceptance, confidence, self-doubt, comparison, authenticity, and finding joy in your own path

Quote of the day by Jamie Lee Curtis: Jamie Lee Curtis once summarized a foundational truth of personal growth in a single sentence: The goal is to get comfortable with yourself and find the things you like to do. The statement sounds straightforward, yet it addresses one of the most persistent challenges in adult life.

7 Oct 2026 1:30 am
Tata Sons seeks legal opinion on Trusts' plan to avoid mandatory listing

The Tata Sons board has sought legal advice on a restructuring proposal from Tata Trusts aimed at avoiding a mandatory listing of the group holding company, people familiar with the matter said. The board is unlikely to formally consider the proposal until its validity as a shareholder mandate is established.

7 Oct 2026 1:01 am
Services activity hits 3-month high in September on demand surge

The HSBC India Services Business Activity Index rose to 55.2 in September from 54.1 in August, although it remained below the 60.9 recorded in September 2025. A reading above 50 indicates expansion in activity, while a figure below that signals contraction.

7 Oct 2026 12:56 am
October Horoscope surprise: Four zodiac signs are about to feel the tide turn on Wednesday - Is yours one?

For some zodiac signs, luck may not come in the form of a winning ticket. It could show up as help arriving at just the right time. A new connection may open an unexpected door. Even an answer they have been waiting for could finally arrive.

7 Oct 2026 12:50 am
As AI threatens to overload the power grid and America faces an electricity crunch, heres what tech giants are betting on to keep the power flowing

U.S. electricity consumption grew by less than 0.5% annually. Now, AI data centers, factories, robotics and wider electrification are pushing power needs higher. Nuclear energy is gaining attention because it can provide steady, low-carbon electricity at scale.

7 Oct 2026 12:46 am
McDonalds Monopoly returns with $1 million cash prize: Heres how to play and what else you can win

McDonalds Monopoly is back with a $1 million cash prize, 2027 Jeep Cherokees, cruises and other rewards. Heres how the game works, where to find game pieces, how the McDonalds app is used and when the promotion ends.

7 Oct 2026 12:44 am
October 7 brings a rare confidence boost for 3 zodiac signs: Something finally starts going their way

The biggest blessing may not come from something new suddenly entering their lives. For these signs, the real shift may already be happening within. Old rules no longer feel impossible to challenge. Other peoples approval begins to matter less. Confidence starts to come more naturally.

7 Oct 2026 12:15 am
Three Iranians on trial in Britain for 'spying' on scribes critical of Tehran

Mostafa Sepahvand, 41, Farhad Javadi Manesh, 46, and Shapoor Qalehali Khani Noori, 57, have each denied two charges under Britain's National Security Act, brought in to give the authorities new powers to target threats from foreign states.

7 Oct 2026 12:08 am
US, China mull reciprocal visits to nuclear facilities: Report

The idea of reciprocal visits was initially raised by China in meetings with US officials this year, and visits to US Department of Energy national laboratories and equivalent Chinese facilities were discussed, CNN said, citing a source.

6 Oct 2026 11:59 pm
What's brewing in Mocha? Houthis deny losses, claim Riyadh airport attack

The Houthi statements come as Yemen's military said it had removed the pro-Iran group from areas around the Bab al-Mandab strait, a Red Sea chokepoint, and the port city of Mocha. Fighting across Yemen has killed more than 270 government troops and Iran-backed Houthi fighters over the past day, sources on both sides told AFP on Tuesday.

6 Oct 2026 11:54 pm
India backs Afghanistans sovereignty as Taliban, Pakistan clash at Moscow talks

India has expressed its commitment to Afghanistan's sovereignty and territorial integrity at the recent Moscow Consultations. A delegation led by Indian ambassador Vinay Kumar underscored India's dedication to Afghan welfare. The meeting involved officials from various countries, including officials from Russia and Pakistan. Notably, disputes arose between the Taliban and Pakistan, hindering a joint statement's adoption. The Afghan foreign minister accused Pakistan of destabilizing efforts withi

6 Oct 2026 11:43 pm
United passengers spent 12 hours waiting to fly from Washington to Rome, but a series of mechanical, weather and crew problems changed everything

United Airlines Flight 884 faced significant delays due to technical issues, weather complications, and crew time limits. Passengers boarded in Washington, D.C., but experienced an extended wait before the flight was finally canceled. Ultimately, travelers spent approximately 12 hours at the airport before rebooking on a later flight to Rome. The prolonged disruption raised frustrations among passengers, who questioned the handling of the situation.

6 Oct 2026 11:42 pm