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Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Citibank wins lawsuit against fired analyst who expensed his partner’s meals to the company and then claimed he ate two of everything
Jan 15, 2024
  Former Citibank Analyst's Unfair Dismissal Claim Rejected   Employee Lied About Food Expenses  A former Citibank analyst, Szabolcs Fekete, has lost his claim of unfair dismissal after a tribunal discovered he had lied about buying food for his partner and charging it to his employer.   Fekete, who was a senior analyst, claimed he had been both wrongfully and unfairly dismissed by Citibank....
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
With California having nearly a third of America’s homeless, Gavin Newsom leans into the ‘Yes in God’s backyard’ movement
Jan 15, 2024
  California's New Law: Turning Parking Lots into Affordable Housing   Introduction  In an effort to combat the ongoing homeless crisis, California has enacted a new law that allows religious institutions and nonprofit colleges to convert their parking lots and other properties into low-income housing.   The Law's Provisions  The law, signed by Governor Gavin Newsom, rezones land owned by religious institutions and nonprofit colleges...
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  Generative AI: Adobe's Finance Organization Embraces Innovation   Introduction  Adobe, a leading software company, is charging full steam ahead towards a future powered by generative AI products, with finance playing a pivotal role in this transformative journey. Dan Durn, CFO and EVP of finance, technology services, and operations at Adobe, emphasizes the significance of the finance organization's involvement in strategic discussions, understanding...
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
PayU’s India biz clocks $211 million in revenues; Prosus attributes growth to Lazycard shutdown
Nov 29, 2023
The growth in revenues largely came from its existing merchants and payment processing stack Wibmo, as new merchant signups continued to be paused for the Indian entity after a Reserve Bank of India (RBI) order.
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US stock indices fall ahead of Fed's meeting
US stock indices fall ahead of Fed's meeting
May 25, 2025
US stock indices fell on Tuesday as markets continue to assess the latest developments in the trade war while waiting for Trumps policy meeting. US President Donald Trump is scheduled to speak to Canadian Prime Minister Mark Carney today and commence negotiations to calm tensions. The Federal Reserves policy meeting starts today with the central bank expected to hold interest...
Dow Jones surges over 900 points with NASDAQ rallying 4%
Dow Jones surges over 900 points with NASDAQ rallying 4%
May 25, 2025
US stock indices rallied on Wednesday as concerns about the trade war calmed down, and following positive statements by US President Donald Trump about Fed Chair Powell. The strong gains came after a report by the Wall Street Journal about Trumps plans to reduce tariffs on China from upwards of 245% to just 50%. Trump admitted on Tuesday that current...
US stock indices dip as investors assess bonds movement
US stock indices dip as investors assess bonds movement
May 25, 2025
US stock indices dipped mildly on Thursday as investors followed the movements of US treasury yields closely, ahead of a decisive vote by Congress on Trumps tax reform bill. In a partisan vote on Thursday, the House of Representatives voted in favor of Trumps bill to cut taxes and increase military spending. The bill, which has now moved to the...
NASDAQ leads Wall Street higher towards 19,000 points
NASDAQ leads Wall Street higher towards 19,000 points
May 25, 2025
Most US stock indices, except the Dow, rose on Tuesday, led by the tech sector as the trade tensions cooled. Earlier data showed US consumer prices rose 2.3% y/y in April, down from 2.4% in March, and below estimates of 2.4%. US core prices, excluding food and energy, rose 2.8% in April, same as March and matching estimates. US consumer...
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Akash Network Founder Reveals Unexpected AI Energy Crisis Driving Decentralized Cloud Adoption
Akash Network Founder Reveals Unexpected AI Energy Crisis Driving Decentralized Cloud Adoption
Jan 15, 2025
Akash Network (CRYPTO: AKT) founder Greg Osuri on Wednesday revealed an unexpected driver behind the increasing adoption of decentralized cloud solutions: a looming energy crisis related to the intensive computing demands of artificial intelligence. While Akash Network was initially conceived as a decentralized alternative to traditional cloud providers, Osuri told Benzinga in an interview unforeseen challenges around energy capacity are...
US blacklists Chinese AI developer and co that ordered TSMC chip found in Huawei processor
US blacklists Chinese AI developer and co that ordered TSMC chip found in Huawei processor
Jan 15, 2025
WASHINGTON (Reuters) -The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including Zhipu AI, a developer of large language models, and Sophgo, a company whose TSMC-made chip was illegally incorporated into a Huawei artificial intelligence processor. The Commerce Department also strengthened controls on the flow of chips to China to better...
This Is What Whales Are Betting On Taiwan Semiconductor
This Is What Whales Are Betting On Taiwan Semiconductor
Jan 15, 2025
Deep-pocketed investors have adopted a bullish approach towards Taiwan Semiconductor , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in TSM usually suggests something big is about to happen. We gleaned this information from our observations...
What the Options Market Tells Us About Intel
What the Options Market Tells Us About Intel
Jan 15, 2025
Investors with a lot of money to spend have taken a bearish stance on Intel ( INTC ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big...
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BJP list for phase 2 of Bihar polls: Most MLAs retained, some dropped
BJP list for phase 2 of Bihar polls: Most MLAs retained, some dropped
Oct 12, 2020
The party has thrown up a surprise in Siwan, where MLA Vyasdeo Prasad has been replaced with Om Prakash Yadav, who has been in and out of the BJP and had won the Siwan Lok Sabha seat as an Independent in 2009 and representing the saffron party five years later.
CBI registers case against former Karnataka minister DK Shivakumar
CBI registers case against former Karnataka minister DK Shivakumar
Oct 5, 2020
The CBI launched the raids at around 6 am on Monday.
India-Israel: PM Modi and Netanyahu discuss expanding cooperation between the two countries
India-Israel: PM Modi and Netanyahu discuss expanding cooperation between the two countries
Oct 5, 2020
Prime Minister Narendra Modi on Monday spoke to his Israeli counterpart Benjamin Netanyahu and reviewed initiatives by the two countries in a host of sectors, including agriculture, water and innovation. They also discussed their expanding cooperation against the COVID19 pandemic, Modi said in a tweet.
PM Modi pays tributes to Vijaya Raje Scindia, releases commemorative coin
PM Modi pays tributes to Vijaya Raje Scindia, releases commemorative coin
Oct 12, 2020
Paying rich tributes to Vijaya Raje Scindia, one of the BJP's founders, Prime Minister Narendra Modi on Monday released a commemorative Rs 100 coin as part of her birth centenary celebrations. Speaking at a programme to release the commemorative coin, Modi said Scindia's dreams like the annulment of Article 370, which gave Jammu and Kashmir special rights, and building a grand Ram temple in Ayodhya have been fulfilled. The prime minister hailed her for sacrificing a life of comfort to fight for her ideals and serving people. Scindia was married into the royal family of Gwalior and was a vocal proponent of the Hindutva ideals as a member of the Jana Sangh and then of the BJP. Scindia, fondly called as Rajmata, was among the leaders who played a role in the direction the country took in the last century, the prime minister said, adding she was a decisive leaders and skilful administrator. Scindia was born on this day in 1919. She passed away in 2001. She did not live her life for position or power, Modi said, recalling that she once turned down an offer from Atal Bihari Vajpayee and L K Advani to be Jana Sangh president. A strong, secure and prosperous India was her dream, and it will be fulfilled with the realisation of 'aatmanirbhar Bharat', Modi said. Her life is an inspiration for the coming generations, he said, fondly recalling his association with her. Scindia's daughters Vasundhara Raje Scindia, a former chief minister of Rajasthan, Yashodhara Raje, a minister in the Madhya Pradesh government, and grandson Jyotiraditya Scindia are all senior BJP leaders. Vijaya Raje Scindia had started her political career from the Congress and later joined the Swatantrata Party before becoming a member of the Jana Sangh, the BJP's progenitor. Other top BJP leaders also remembered her with party president J P Nadda and others paying floral tributes at the party headquarters here.
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Automotive Properties to Buy Tesla-Tenanted Property in Columbus, Ohio for US$17.8 Million
Automotive Properties to Buy Tesla-Tenanted Property in Columbus, Ohio for US$17.8 Million
Feb 10, 2025
09:01 AM EST, 02/10/2025 (MT Newswires) -- Automotive Properties Real Estate Investment Trust (APR-UN.TO) on Monday agreed to buy a Tesla-tenanted property in Dublin, Ohio from a third party for about US$17.8 million. The company expects an increase in its adjusted funds from operations per unit with the addition of the property and expects to close the deal in the...
Lyft to launch Mobileye powered robotaxis 'as soon as 2026', TechCrunch reports
Lyft to launch Mobileye powered robotaxis 'as soon as 2026', TechCrunch reports
Feb 10, 2025
Feb 10 (Reuters) - U.S. ride-hailing firm Lyft ( LYFT ) is planning to launch fully autonomous robotaxis, powered by Mobileye, to its app as soon as 2026 in Dallas, TechCrunch reported on Monday. ...
Moody's warns of triple-A threat if Trump pulls World Bank support
Moody's warns of triple-A threat if Trump pulls World Bank support
Feb 10, 2025
LONDON (Reuters) - The triple-A ratings of the World Bank and other top multilateral lenders would be at risk if the United States withdraws support for them following a review ordered by U.S. President Donald Trump, credit rating agency Moody's warned. Last week, Trump signed an Executive Order to review U.S. government support to all international intergovernmental organisations of which...
ON Semiconductor: Q4 Revenue Drops 15%, Weak Demand In Auto, Industrial Sectors, Low Utilization Hits Margins, CEO Warns Of 2025 Challenges
ON Semiconductor: Q4 Revenue Drops 15%, Weak Demand In Auto, Industrial Sectors, Low Utilization Hits Margins, CEO Warns Of 2025 Challenges
Feb 10, 2025
ON Semiconductor Corp stock reported a fiscal fourth-quarter 2024 revenue decline of 15% year-on-year to $1.72 billion, missing the analyst consensus estimate of $1.76 billion. The adjusted EPS of $0.95 missed the analyst consensus estimate of $0.97. The stock price declined after the print. Also Read: Broadcom’s Trillion-Dollar Run: Analyst Expects ASIC To Take 10%-15% Market Share Backed By AI Compute Demand Revenue from Power Solutions...
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Cardano Whales Go on Massive Accumulation Spree as ADA Price Soars 15%
Cardano Whales Go on Massive Accumulation Spree as ADA Price Soars 15%
Aug 23, 2025
TL;DR Cardano whales made some strategic moves ahead of Fridays speech by US Fed Chair Jerome Powell, accumulating a sizeable number of tokens within just two days. The assets price reacted with a massive surge that drove it higher by 15% from bottom to top. Whales scooped up 180 million Cardano $ADA over the past 48 hours! pic.twitter.com/ZkfCIhXkMW Data from...
This Bitcoin OG Dumps BTC for Ethereum After 7 Years of Silence
This Bitcoin OG Dumps BTC for Ethereum After 7 Years of Silence
Aug 22, 2025
A Bitcoin wallet from several years ago showed activity just today, selling at a substantial profit and shifting strategies towards the second-largest crypto asset by market capitalization. Ethereum, the asset of choice, has meanwhile been garnering considerable attention from institutions and retail investors alike. Change of Heart A dormant BTC whale has resurfaced today, as reported by the Lookonchain market...
September Rate Cut Odds Surge After Powell, What’s Next for BTC and ETH?
September Rate Cut Odds Surge After Powell, What’s Next for BTC and ETH?
Aug 23, 2025
Jerome Powell, the Federal Reserve Chairman who might be serving his last months at the helm of the central bank, addressed the nation yesterday and showed a cautious pivot in the institutions monetary policy. The financial markets, including crypto, quickly picked up his words as promises that there would be an interest rate cut as soon as September. Polymarket Agrees...
Andrew Tate’s YZY Short Scores Big, Yet His Trading Record Crashes Hard
Andrew Tate’s YZY Short Scores Big, Yet His Trading Record Crashes Hard
Aug 23, 2025
The YZY token, a meme coin launched by American rapper and singer Kanye West, has unexpectedly drawn the attention of Andrew Tate. Amid the chaos of its explosive debut and the subsequent controversy, Tate appears to have made a calculated move. A Rare Win? Lookonchains latest findings reveal that controversial social media personality Andrew Tate opened a 3x short position...
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