Adani Group shares nosedive after chairman Gautam Adani charged with fraud in New York

India’s Adani Group saw shares of its companies plunge Thursday after its billionaire chairman Gautam Adani was indicted in a New York federal court over his alleged involvement in an extensive bribery and fraud operation. The 62-year-old billionaire and the seven other defendants have been accused of paying over $250 million in bribes to Indian government officials to …

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Boeing’s nosedive: How greed ruined a great American company

via RT: Rather than perform a simple flyover, the swaggering Tex, who got his start flying crazy loops on daredevil flights on a tri-motor plane across the dusty plains of Kansas, aimed to impress the gathered luminaries. Instead, he put the plane into a stunning barnstormer-like double barrel roll that left the crowd below astonished …

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Slippin’ Into Darkness Under Bidenomics! US Pending Home Sales Nosedive -18.80% Since Last Year As Mortgage Rates Hit 20 Year Highs

by confoundedinterest17 The US housing market is slippin’ into darkness under Bidenomics. With existing home sales at their lowest since 2010 and new home sales finally hitting the wall, pending home sales were expected to decline MoM in August after an uptick in July (amid soaring mortgage rates and plunging affordability) and they did…hugely. Pending home …

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