Business Highlights: Biden Meets CEOs, DoorDash Sues

President Joe Biden has invited CEOs and business leaders to the White House to discuss COVID19 mandates. The meeting Wednesday follows Bidens announcement last week that the Labor Department is working to require that businesses with 100 or more employees order their workers to be fully vaccinated or submit a negative COVID19 test at least weekly. Biden said 100 million workers would be subject to the requirement. Biden announced the new mandate and several other steps last week as part of a new effort by the administration to curb the surging delta variant of the coronavirus.

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How Major US Stock Indexes Fared Wednesday

Stocks closed solidly higher Wednesday, shaking off some recent doldrums and giving the S&P 500 its biggest daily gain since late August.

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GreenSky, Steel Dynamics Rise; Yum China, Live Nation Fall

Stocks that traded heavily or had substantial price changes Wednesday:

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National Aerospace Lab Adopts Dassault Solution to Design Civil Aircraft in India

Saras Mk-2 will be a 19-seater aircraft with features like high cruise speed, lower fuel consumption, short landing and take-off distances.

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Moratorium on AGR Dues a Win-Win Formula; Cash Flow Freedom Will Help Telcos on 5G: Ashwini Vaishnaw

Minister Ashwini Vaishnaw said the focus of the relief package was on reforms, especially the long contentious issues like AGR should be solved and the industry should move forward.

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Air India Disinvestment: Centre Receives Multiple Financial Bids; Tatas Among Top Suitors

The government is seeking to sell 100 per cent of its stake in the state-owned national airline.

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India to Fly High with Drones: Govt Aims Rs 5,000-Cr Investments, to Create 10,000 Jobs

The PLI scheme for the drones and drone components industry addresses the strategic, tactical and operational uses of this revolutionary technology, the Union Cabinet said.

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