Nikhil Kumar

Nikhil Kumar is The Independent's New York correspondent. He was formerly assistant editor on the foreign desk and has also done a variety of jobs on the city desk, where he wrote about markets, commodities and other business and economics topics.

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Texas Senator Ted Cruz during his speech

Not a filibuster, just a 21-hour speech: Republican Senator, Ted Cruz, rails against President Obama's plans for US healthcare

Tea Party star holds court for almost a whole day... thanks in part to Dr Seuss and Ashton Kutcher

A worker at the Jefferson North plant inspects wiring on a Jeep, which has been one of the key drivers of Chrysler’s turnaround

Chrysler owners in game of chicken

The revived US car giant has filed papers for a share sale as owners Fiat and United Auto Workers battle over merger plans

Blackberry was once valued at more than $80bn (£50bn)

Blackberry deal: $4.7bn sale to Fairfax-led consortium sees $75bn wiped from firm's value in five years

Once-great mobiles firm was worth $80bn five years ago, now going for a song as sales vanish

The proposals call for new natural gas-fired power plants to adhere to a limit of 1,000 pounds of carbon dioxide emissions per megawatt hour

Obama administration unveils aggressive push to impose carbon limits on US power plants

Opponents say regulations will 'write off our huge, secure, affordable coal resources'

Fed chairman Ben Bernanke outlined a rough timeframe for rolling back the programme earlier this year

Fed chairman Ben Bernanke's economic fears keep the QE taps running

Shares surge, bond yields plummet as Fed wrongfoots Wall Street; Central bank slashes its growth forecasts for 2013 and 2014; Governor needs 'more evidence' of economic revival to ease stimulus

High culture in New York City: The Empire State Building - a landmark that looks like $1bn

The famous skyscraper will form the centrepiece of a real estate investment trust that is being lined up for a listing

US markets up after Larry Summers backs out of Federal Reserve race

The decision by Larry Summers to back out of the race to replace Ben Bernanke at the helm of the US Federal Reserve when he steps down next year, has boosted expectations of a dovish outlook for the monetary policy in the world’s largest economy, driving up stocks and bonds.

US Federal Reserve chairman Ben Benanke
has outlined a timetable for
tapering

US unemployment and Syria have clouded the picture over tapering

Global Outlook: No action next week will certainly throw off the markets

Banks set for a fee bonanza as Twitter goes public

Goldman Sachs likely to be the big winner from social media’s hotly anticipated IPO 

Blackstone set to relaunch Hilton as a public company

One of the largest leveraged buyouts of the pre-crisis era is about to come full circle, after the private-equity group Blackstone yesterday gave notice of plans to bring Hilton back to the stock markets as it looks to take advantage of the revival in the hotel industry.

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Where the spooks get their coffee fix: The busiest Starbucks in the US is also the most secretive

The secret CIA Starbucks

The coffee shop is deep inside the agency's forested Virginia compound
Revealed: How the Establishment closed ranks over fallout from Loch Ness Monster 'sighting'

How the Establishment closed ranks over fallout from Nessie 'sighting'

The Natural History Museum's chief scientist was dismissed for declaring he had found the monster
One million Britons using food banks, according to Trussell Trust

One million Britons using food banks

Huge surge in number of families dependent on emergency food aid
Excavation at Italian cafe to fix rising damp unearths 2,500 years of history in 3,000 amazing objects

2,500 years of history in 3,000 amazing objects

Excavation at Italian cafe to fix rising damp unearths trove
The Hubble Space Telescope's amazing journey, 25 years on

The Hubble Space Telescope's amazing journey 25 years on

The space telescope was seen as a costly flop on its first release
Did Conservative peer Lord Ashcroft quit the House of Lords to become a non-dom?

Did Lord Ashcroft quit the House of Lords to become a non-dom?

A document seen by The Independent shows that a week after he resigned from the Lords he sold 350,000 shares in an American company - netting him $11.2m
Apple's ethnic emojis are being used to make racist comments on social media

Ethnic emojis used in racist comments

They were intended to promote harmony, but have achieved the opposite
Sir Kenneth Branagh interview: 'My bones are in the theatre'

Sir Kenneth Branagh: 'My bones are in the theatre'

The actor-turned-director’s new company will stage five plays from October – including works by Shakespeare and John Osborne
The sloth is now the face (and furry body) of three big advertising campaigns

The sloth is the face of three ad campaigns

Priya Elan discovers why slow and sleepy wins the race for brands in need of a new image
How to run a restaurant: As two newbies discovered, there's more to it than good food

How to run a restaurant

As two newbies discovered, there's more to it than good food
Record Store Day: Remembering an era when buying and selling discs were labours of love

Record Store Day: The vinyl countdown

For Lois Pryce, working in a record shop was a dream job - until the bean counters ruined it
Usher, Mary J Blige and Will.i.am to give free concert as part of the Global Poverty Project

Mary J Blige and Will.i.am to give free concert

The concert in Washington is part of the Global Citizen project, which aims to encourage young people to donate to charity
10 best tote bags

Accessorise with a stylish shopper this spring: 10 best tote bags

We find carriers with room for all your essentials (and a bit more)
Paul Scholes column: I hear Manchester City are closing on Pep Guardiola for next summer – but I'd also love to see Jürgen Klopp managing in England

Paul Scholes column

I hear Manchester City are closing on Pep Guardiola for next summer – but I'd also love to see Jürgen Klopp managing in England
Jessica Ennis-Hill: 'I just want to give it my best shot'

Jessica Ennis-Hill: 'I just want to give it my best shot'

The heptathlete has gone from the toast of the nation to being a sleep-deprived mum - but she’s ready to compete again. She just doesn't know how well she'll do...