Democrats’ midterm sweep "not bad at all" for SpaceX, analyst says

As UBS CEO Sergio Ermotti says his firm will “narrow the gap” with other wirehouses, its wealth management unit is rolling out pay policies aimed squarely at keeping current advisors happy and in their seats. Processing Content UBS has struggled with advisor departures since adopting compensation policies in late 2024 mainly designed to prod low…

Sebi on Tuesday exempted Mehta Family Trust, held by Bollywood actor Juhi Chawla and industrialist Jay Mehta, from making an open offer for the proposed indirect acquisition of shares and voting rights in Saurashtra Cement Ltd. The proposed transaction involves Jay Mahendra Mehta transferring his 49.99 per cent stake in Galaxy Technologies Pvt Ltd to…

 Ritesh Malik, founder of co-working startup Innov8, has purchased a bungalow in Delhi’s elite Golf Links locality for around ₹85 crore.   The deal spotlights the growing appetite among new-age entrepreneurs for trophy homes in one of the Capital’s most tightly held residential markets.  The transaction was facilitated by India Sotheby’s International Realty….

A stunning five-bedroom Long Island estate, designed by Norman Jaffe in 1977 and featured in the popular post-apocalyptic Amazon Prime series “Fallout,” has just hit the market for $4.25 million. Located in Old Westbury, the 5,291-square-foot home has a well-preserved midcentury modern interior, including a foyer with a 30-foot ceiling and an open floor plan…

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On inflation, his tone was unambiguous. “While this summer’s readings were better than expected, they do not tell me that underlying trends have meaningfully improved,” Warsh said. “We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do.” Markets responded swiftly. The policy-sensitive…