The Economic Times

In the 1880s, William Seward Burroughs created the Burroughs Adding Machine, a revolutionary calculating device tailored for bank clerks. This invention aimed to minimize mistakes and enhance efficiency in financial tasks. Over time, with numerous enhancements and patent acquisitions, the machine's demand surged across various industries. By 1926, the Burroughs Adding Machine Company proudly marked the production of its millionth unit, solidifying Burroughs' impact on the automation of financial

Rush, Arkansas, experienced a boom during World War I, driven by high zinc demand which transformed it into a bustling mining hub. Essential amenities like hotels and stores emerged to support the growing population and mining activities. However, post-war economic shifts resulted in a steep decline, reducing the community to just 344 residents by 1920.

In 1932, Dale Kleist, while researching the process of sealing glass blocks, inadvertently discovered the art of producing fine glass fibers. This breakthrough was pivotal in the creation of fibreglass insulation, which revolutionized manufacturing. Teaming up with Jack Thomas and Games Slayter, they refined the glass fiber production technique, ultimately leading to the establishment of Owens-Corning Fiberglas Corporation in 1938.

A pioneering dairy farmer in northern New York is merging the realms of agriculture and solar energy by partnering with a solar developer on a transformative agrivoltaics initiative. This groundbreaking design features ample spacing between solar panels, enhancing operational efficiency for farming tools. Expected to generate consistent revenue, the project aims to sustain existing agricultural work.

New York City's ferry service has seen significant growth, now serving around 7.4 million passengers. To keep fares affordable amidst increasing demand, public funding remains essential. Over the years, rising ridership and fare revenues have lowered the subsidy needed per trip. NYCEDC is committed to balancing operational costs with equitable access, offering seasonal services and discounts to boost passenger numbers from diverse income groups.

The United States has struggled with funding for its Agricultural Quarantine Inspection program due to fee shortfalls. In 2011, the program had an $861 million budget but collected significantly less in fees. Inspection fees were insufficient because legal restrictions limited cost recovery from various users. Reforms have been introduced to update fee structures and improve collections. These measures, however, do not fully address the root funding issues of the program.

In the late 19th century, Mercur, Utah, became an influential mining hub fueled by new gold extraction methods, notably cyanide processing which efficiently mined low-grade ore. However, by the early 1910s, falling profit margins resulted in mine closures, contributing to the town's deterioration. Revival efforts in later decades were unsuccessful, leaving Mercur as a poignant testament to the dual nature of mineral riches.

Assam Police intends to appeal bail orders granted to Amritprava Mahanta and Sandipon Garg in the Zubeen Garg case. Special DGP CID Munna Prasad Gupta confirmed that proceedings are progressing rapidly in a fast-track court. Mahanta and Garg are accused in the death investigation of the late singer, who died in a scuba diving accident. The Gauhati High Court previously granted bail to both individuals in October 2025.

Gold Point, once a thriving mining community in Nevada, experienced significant population decline after mining operations ceased. The town, originally known as Lime Point in 1868, transitioned to focus on gold-mining in the late 1920s. Following World War II, mining activity diminished and finally ended in the 1960s with a shaft collapse. Today, the settlement has adapted to tourism, with remaining buildings and a museum preserving its mining history.

I never did that with a man before: Trumps bizarre remark about senator Husted at Kentucky rally

In Malaysia, CryptoBilis faces an investigation after numerous customers experienced thefts from hardware wallets. Reports from Ledger SAS link these crimes to a group of criminals who modified the wallets. Victims' losses total over $90 million, raising red flags among cybersecurity experts who emphasize the vulnerabilities present in cold wallets meant for cryptocurrency storage. These events stress the critical need for improved safety mechanisms in the management of digital assets.

At a recent CBS News town hall, Vice President JD Vance confronted voter concerns regarding Donald Trump's policies. He engaged with issues such as soaring gasoline prices, the ramifications of the Iran war, and strategies for immigration enforcement. Vance admitted some troop deployment errors, linking high gas costs to recent conflicts while stressing the importance of accountability in addressing ongoing immigration challenges.

Congressman Raja Krishnamoorthi reported a suspicious package at his Schaumburg district office following similar nationwide mailings. Local emergency responders and federal law enforcement acted quickly to safely remove the package. These incidents involve letters addressed to election officials and congressional offices across multiple states. Other lawmakers, including Representative Bobby Scott, also received hazardous mailings that were intercepted by authorities. The series of events raise

US President Donald Trump announced a temporary waiver of sanctions and tariffs on Russian exports. Secretary of State Marco Rubio stated a 60-day review period for assessing economic impacts is underway. This decision comes amid rising energy prices resulting from the ongoing conflict in Iran. Critics, including Ukrainian President Volodymyr Zelenskiy, argue this may empower Russian President Vladimir Putin further.

Brazil's presidential election runoff includes a crucial debate between President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro. Lula's campaign has shifted, engaging younger influencers for improved social media strategies to connect with voters. Bolsonaro has criticized Lula's promises, accusing him of deceiving people for electoral gain. Recent polls show a tightening race, and both candidates are ramping up their efforts.

Alleged Israeli settlers viciously attacked Washington Post photojournalist Heidi Levine during an olive harvest in the West Bank. US officials, including Secretary of State Marco Rubio, expressed their disturbance regarding the incident. Israeli President Isaac Herzog condemned the violence, stating it does not represent Israeli values. After surgery, Levine reported injuries and theft of her belongings during the attack.

Cross-border movement and exchanges between Iran and Pakistan have been temporarily suspended due to technical issues. Iranian Foreign Ministry Spokesperson Esmail Baghaei confirmed that authorities are working to resolve the situation. Pakistan also halted trade through specific border checkpoints to enhance security measures. Shahid Rind clarified that this decision is aimed at preventing smuggling and improving border administration.

Ukrainian President Volodymyr Zelenskyy announced potential trilateral talks involving Russia during the upcoming G20 Summit. He expressed willingness to participate in negotiations in any format and location. Zelenskyy called for increased pressure on Moscow rather than on Kyiv in these discussions. Additionally, he expressed disappointment about US President Donald Trump's recent decisions related to sanctions on Russia.

Tata Trusts reported a 72.5% increase in philanthropic spending to Rs 1,556.31 crore in 2025-26. Major allocations included Rs 457.62 crore for rural upliftment and Rs 270.26 crore for education. Cancer care projects received Rs 178.46 crore, while direct assistance to individuals totaled Rs 202.99 crore. Noel Tata emphasized the importance of sustainable outcomes over sheer spending figures.

Violent protests occurred across France as people expressed their frustration over rising living costs and inadequate school conditions. Interior Minister Laurent Nunez reported about 400 arrests were made during the demonstrations. While some protests were peaceful, others involved clashes with police, leading to injuries and property damage. President Emmanuel Macron condemned the violence, promising prosecution for those who vandalized public property.

A significant fire has broken out at CFB Wainwright military base in Alberta, impacting military personnel. Canadian Prime Minister Mark Carney and Alberta Premier Danielle Smith are coordinating responses to the incident. Both officials expressed their support for those affected and thanked first responders. Details surrounding the cause of the fire or any injuries remain unclear at this time.

Hollywood now represents tech leaders like Elizabeth Holmes and Elon Musk as villains amidst public disillusionment. Recent films explore the consequences of their actions and seek accountability for social damage. Documentaries and fictional works dissect their influence and ethical lapses, highlighting concerns over concentrated power. Filmmakers confront the flaws of these figures while critiquing their societal impact.

US President Donald Trump waived sanctions on Russia, which Congress had overwhelmingly approved for supporting Ukraine. Lawmakers expressed anger after the decision, criticizing Trump's approach towards Russia's President Vladimir Putin. As Ukraine faces severe winter conditions due to ongoing attacks, Congress remains out of session until after the elections. A bipartisan group of senators has urged faster action against Russia's oil trade.

During a rally in Kentucky, Donald Trump stated that the ongoing conflict with Iran would conclude quickly. He claimed that falling gas prices would follow the end of hostilities. Trump's earlier military actions against Iran were described as necessary to prevent nuclear armament. Meanwhile, Iran's Deputy Foreign Minister emphasized the importance of ceasefire to achieve regional peace.

The US military claims that 97% of vessels have transited the Strait of Hormuz safely. This follows recent incidents where Iranian projectiles targeted commercial vessels in the area. CENTCOM reported that US forces and regional partners are enhancing maritime security to ensure uninterrupted commerce. Additionally, Iran's economy is reportedly under strain due to US actions. Both the US and Iran assert their control over this strategic shipping route.

Kansas Soccer field crash: During a soccer game in Wichita, Kansas, a vehicle drove onto the field, causing chaos and injuries. Tragically, two people, including a child, lost their lives in the incident. Multiple other victims were transported to hospitals for treatment following the event. The police have detained the driver, but details about the motive remain unclear. Mayor Lily Wu expressed her condolences on social media for those affected by this heartbreaking situation.

Israeli settlers attacked Palestinians and European diplomats during an olive harvest in the West Bank. Belgian Foreign Minister Maxime Prevot reported the incident and emphasized the need for accountability. Belgian consul general, along with French and Polish diplomats, were among those targeted. Settler violence against Palestinians has reportedly surged over the past few years. Israeli police have opened an investigation, although prosecutions of such violence are rare.

Kansas Soccer game tragedy: Police said the driver was in custody but did not give further details about the person or say whether they believe it was intentional.

US President Donald Trumps decision to waive proposed tariffs of up to 100% on buyers of Russian oil has eased uncertainty for Indian exporters ahead of the crucial Christmas shipping season. However, businesses across textiles, gems and jewellery, and human hair products say they will continue diversifying export markets after last years tariff turmoil, even as the US remains a key destination for Indian goods.

If you are feeling annoyed because your past challenges have resurfaced again, then it is not your fault. You are going through a cosmic test which is going to empower you once you handle the issue with confidence.

Ashley St. Clair revisits her relationship with Elon Musk in a new documentary. Her account connects a proposed secrecy agreement with changes in financial support.

Typhoon Champi strengthened into a Category 4 storm as it moved west toward Guam at 14 mph.

On Friday, a strength competition occurred in Gaza, drawing crowds despite the challenging environment. Participants showcased their skills by pulling trucks and lifting heavy weights in a ruined setting. The event was delayed due to prior conflicts, marking a return to sports for many. The organizer emphasized the importance of proving Gaza can produce champions despite adversity. Spectators enjoyed the atmosphere as athletes celebrated their competitive spirit and resilience.

Tyler Perry is planning to expand his business beyond filmmaking with a proposed 38-acre entertainment district near his Atlanta film studio. The project could include a theatre, shops and office spaces, with plans suggesting that it could be completed by January 2028. Perry bought 330 acres of the former Fort McPherson military base for $30 million in 2015 and later turned the site into Tyler Perry Studios.

Pope Leo will take on his first official duty on Sunday, delivering the traditional Angelus blessing to the faithful in St. Peter's Square.

Mark Cuban pledged $10 million to organizations supporting women's leadership in sports and combating domestic violence in 2018 after an investigation found widespread workplace misconduct within the Dallas Mavericks. The donation followed scrutiny of the NBA team's workplace culture and raised questions about how the money would be distributed and what changes followed the investigation.

The Supreme Court upheld the Madras HC's ruling that religious conversion from Hinduism to another religion does not entitle a person to SC or OBC reservation. The case concerns Tamil Nadu's 3.5% quota for Muslim OBCs. In March 2024, the then DMK government allowed OBCs, SCs and Denotified Communities members who converted to Islam to claim the quota. The Madras HC struck down the order in June 2024 as unconstitutional. The TVK government's appeal was rejected by the SC.

Weather Tomorrow: IMD has warned of heavy to very heavy rainfall, thunderstorms and gusty winds across parts of southern India, with Andhra Pradesh, Karnataka, Kerala and Tamil Nadu among the affected regions. Rain is expected to continue in several areas through October 23. Fishermen have also been advised to exercise caution along parts of the Arabian Sea coast.

No Kings anti-Trump movement: More than 3,200 events had been planned in all 50 states, after the two previous nationwide events attracted millions of participants.

Richa Parashar, a journalist, filed a complaint against Rahul Gandhi for manhandling during a protest. The incident occurred on October 12 while covering a demonstration by Opposition leaders. Parashar alleged that Gandhi grabbed her and caused her to fall, resulting in injuries. She emphasized the lack of assistance from his supporters after the fall. Parashar has requested that media organizations release footage of the incident.

International Oil prices: The recovery in Middle Eastern oil exports, higher production outside the Persian Gulf and dwindling demand had narrowed the global supply deficit sharply.

Benjamin Satterley, renowned in wrestling as Pac, passed away on September 27 at 40 years old. His death was attributed to bronchial asthma, ruled natural by the Cook County Medical Examiners Office. Satterley was discovered unconscious in a rental car after competing in an AEW match against Andrade El Idolo. His wife, Natalie, shared a heartfelt tribute, reflecting on their life and plans together.

Mike Satterlee, a 19-year-old entrepreneur from Clifton Park, New York, turned a $500 3D printer into CruiseCup, a business that generated $808,000 in gross revenue in 2025. Despite the impressive sales, the young entrepreneur pays himself just $500 to $1,500 a month, choosing to reinvest much of the money into expanding his 160-printer operation