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...

　　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....

　　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...

Six persons, including a 47-year-old woman, were injured in the incident. All of them were admitted to the nearby Shatabdi Hospital. They are being treated at the Out-patient Department (OPD) of the hospital and their condition is stable.

U.S. stocks settled higher on Friday, with the Dow Jones index notching a new record high during the session. Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary...

* Consumer spending increases 0.5% in July * PCE price index rises 0.2%, advances 2.5% year-on-year * Core PCE inflation gains 0.2%; up 2.6% year-on-year * Personal income climbs 0.3%; saving rate falls to 2.9% By Lucia Mutikani WASHINGTON, Aug 30 (Reuters) - U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the...

* Q2 GDP second estimate shows US economy grows 3% * CrowdStrike ( CRWD ) up after upbeat Q2 revenue * Apple ( AAPL ) gains after Citigroup ( C/PN ) selects company as top AI pick (Updates with market close) By Johann M Cherian and Noel Randewich Aug 29 (Reuters) - The Dow notched a record high close on...

09:19 AM EDT, 08/29/2024 (MT Newswires) -- Energy stocks were advancing pre-bell Thursday as the Energy Select Sector SPDR Fund ( XLE ) was up 0.6% recently. The United States Oil Fund ( USO ) was 0.6% higher and the United States Natural Gas Fund ( UNG ) was down 3%. Front-month US West Texas Intermediate crude oil was up...

BlackBerry Limited ( BB ) shares are trading relatively flat in the morning session on Thursday. Yesterday, the company announced that Hyundai Mobis, a subsidiary of the Hyundai Motor Group (OTC:HYMTF), has selected BlackBerry QNX to power its next-generation digital cockpit platform. Hyundai Mobis will use BlackBerry’s QNX Hypervisor for Safety and QNX Advanced Virtualization Frameworks (QAVF) for its next-generation digital cockpit platform....

Investors with a lot of money to spend have taken a bullish stance on Intel ( INTC ) . And retail traders should know. We noticed this today when the positions 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...

Analysts' ratings for ARM Holdings ( ARM ) over the last quarter vary from bullish to bearish, as provided by 3 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...

Across the recent three months, 6 analysts have shared their insights on Q2 Holdings ( QTWO ) , expressing a variety of opinions spanning from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent...

Ardern said her resignation would take effect no later than February 7, and the Labour caucus would vote on a new leader on January 22. 

The 14-minute speech was interspersed by bouts of applause as Pelosi said, “With great confidence in our caucus, I will not seek reelection to Democratic leadership in the next Congress.”

The Pakistan Speaker's decision to accept mass resignations of Imran Khan's PTI party members came a day after 70-year-old former PM hinted at returning to the National Assembly for consultation with the treasury benches 'on an interim set-up to be installed after the dissolution' of the lower house of parliament. All this when the country in the thick of an economic crisis.

Congress leader Rahul Gandhi claimed that the Sino-Indian border conflict has a link with a weak economy.

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

12:11 PM EDT, 04/29/2025 (MT Newswires) -- Price: 21.41, Change: -0.26, Percent Change: -1.20 ...

12:10 PM EDT, 04/29/2025 (MT Newswires) -- United Parks & Resorts ( PRKS )-owned (PRKS) Busch Gardens Tampa Bay announced Tuesday a nearly $40 million investment in upgrades and new attractions, including the Wild Oasis at Jungala set to open in May. Park President Jeff Davis said additions and upgrades will be made across the park's infrastructure, operations, staff recruiting...

12:11 PM EDT, 04/29/2025 (MT Newswires) -- (Updates with latest stock price movement in the headline and first paragraph.) Shift4 Payments ( FOUR ) shares were up by nearly 13% in recent trading Tuesday after the company reported higher Q1 earnings and raised its full-year revenue guidance. The company reported Q1 adjusted net income Tuesday of $1.07 per diluted share,...

TL;DR Ripple was fined $125 million by the SEC, significantly less than the initial $2 billion demand. The company sees this as a victory, confident even if the regulator appeals. What Could be Next? The legal battle between Ripple and the US Securities and Exchange Commission (SEC), which dates back to late 2020, recently witnessed a major development. This happened...

The past 24 hours saw substantial movements in Bitcoin and many altcoins. The price action resulted in a mixed performance, with some of the cryptocurrencies charting slight gains while others showed slight declines. Bitcoins Price Shaky Around $58K Many analysts have touted the $58K price region as an important liquidity zone, and the cryptocurrencys behavior around it is likely to...

Zcash was the leading crypto token on the market cap leaderboards last week. By Tuesday, the coin remained the fifth top gainer among crypto assets behind Aptos (APT) at #4, with Sui (SUI) topping the gains for the week at +57%. ZECs 7-day gains Tuesday were +29%, but from trough to peak (between Aug. 5 and Aug. 12) of the...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) Ethereum continues to struggle above the key support at $2,400 and fell by 2.3% this week. The trend remains bearish. Unless the bulls break the key resistance at $2,800, this bias will not change. The biggest concern right now is the negative momentum...