Driven Brands Announces Agreement to Divest U.S. Car Wash Business for $385 Million – Business Wire

These tax cuts and benefits could help caregivers in crisis — can they get through Congress?

The financial burden of caring for ailing loved ones could be eased through two bipartisan legislative proposals introduced this week. Source link

Budget 2025: Capex misses the mark, tax relief comes as an offset

AIMPWAMarch 14, 2025

The Centre has been the bulwark of investments over the past five fiscals, building out infrastructure to stoke and sustain long-term economic growth. After the Covid-19 pandemic, such investments have been the driver of overall capital formation. The Centre’s capex has risen continuously from 1.7% of gross domestic product (GDP) during fiscal 2016-2020 to 3.1%...

OpenAI and Microsoft’s ‘frenemies relationship,’ and what you missed at SXSW

AIMPWAMarch 14, 2025

This week, OpenAI inked a five-year, $11.9 billion deal with CoreWeave, the GPU-heavy cloud provider, securing its own AI computing pipeline—and a $350 million equity stake in the company. With CoreWeave’s pending IPO and deep ties to Microsoft, OpenAI’s deal marks a significant shift in the AI cloud wars. Today, on TechCrunch’s Equity podcast, hosts...

New China tariffs may mean higher toy prices, but Mattel and Hasbro are working to blunt the impact

AIMPWAMarch 14, 2025

Mattel and Hasbro may be forced to raise prices if President Donald Trump’s 20% tariffs on imports from China remain in place, but both companies have mitigation strategies in place. Source link

Best of the Week | Breaking down the 2025 Union Budget

AIMPWAMarch 14, 2025

For a business journalist, Budget Day is nothing short of the World Cup final (ICC or FIFA, you decide). It is the D-day for which edit meetings are held months in advance. It’s the day for which editorial teams plan months in advance, crafting center spreads, fine-tuning graphics, and, come 11 AM on February 1st,...