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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...
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....
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Trade Setup for November 30: Nifty set for best month of 2023 as record high in sight
Nov 29, 2023
November has turned out to be the best month of the year so far for the Nifty, with the index gaining 5.5% so far ahead of Thursday's monthly F&O expiry.
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Gas cylinder explosion in Mumbai: 6 injured, 11 rescued from collapsed houses
Nov 29, 2023
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.
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Sector Update: Health Care
Sector Update: Health Care
Mar 21, 2024
03:42 PM EDT, 03/21/2024 (MT Newswires) -- Health care stocks rose late Thursday afternoon with the NYSE Health Care Index adding 0.2% and the Health Care Select Sector SPDR Fund (XLV) rising 0.3%. The iShares Biotechnology ETF (IBB) climbed 0.9%. In corporate news, Eledon Pharmaceuticals ( ELDN ) shares surged 12% after it said its tegoprubart monoclonal antibody was used...
Sector Update: Financial
Sector Update: Financial
Mar 21, 2024
03:19 PM EDT, 03/21/2024 (MT Newswires) -- Financial stocks advanced late Thursday afternoon, with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) each rising 0.9%. The Philadelphia Housing Index climbed 1.8%, and the Real Estate Select Sector SPDR Fund (XLRE) was adding 0.4% Bitcoin (BTC-USD) dropped 4% to $65,176, and the yield for 10-year US Treasuries...
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Japan's Nikkei hits record high on Wall Street gains, weaker yen
Mar 21, 2024
TOKYO, March 22 (Reuters) - Japan's Nikkei share average hit a record high on Friday, underpinned by the strength on Wall Street overnight and as a weaker yen prompted investors to buy automakers. The Nikkei rose to as high as 41,087.75 earlier in the session, crossing the 41,000 level for the first time. The index ended 0.07% higher at 40,844.53...
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Japan's Nikkei ends at record high on Wall Street gains, weaker yen
Mar 22, 2024
(Updates to closing prices) TOKYO, March 22 (Reuters) - Japan's Nikkei share average closed at an all-time high on Friday, underpinned by record gains on Wall Street overnight and strength in automakers' stocks on a weaker yen. The Nikkei rose 0.18% to end at 40,888.43, after hitting 41,087.75 earlier in the session to break an all-time intraday high. The index,...
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Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO, March 22 (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 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...
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Analysis-Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed
Mar 22, 2024
(Reuters) - The U.S. government's antitrust lawsuit against Apple ( AAPL ) draws on the watershed 1998 case that broke Microsoft's ( MSFT ) stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition. The market for the iPhone today looks very different from the near-monopoly enjoyed by Microsoft's ( MSFT ) Windows...
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Update: Trump Gets Temporary Reprieve From $454 Million Judgment
Update: Trump Gets Temporary Reprieve From $454 Million Judgment
Apr 2, 2024
08:03 AM EDT, 04/02/2024 (MT Newswires) -- (Updated with additional information in second and third paragraphs.) Former President Donald Trump reached a deal Monday that will spare him from paying a $454 million judgment in his civil fraud case until his appeal is resolved, multiple media outlets reported. Trump was able to secure a $175 million bond that was arranged...
JPMorgan Ratings Outlook Upgraded to Positive From Stable by S&P Global Due to Business Strength, Diversification
JPMorgan Ratings Outlook Upgraded to Positive From Stable by S&P Global Due to Business Strength, Diversification
Apr 2, 2024
08:06 AM EDT, 04/02/2024 (MT Newswires) -- JPMorgan Chase's ( JPM ) ratings outlook was upgraded to positive from stable by S&P Global Ratings (SPGI), with S&P saying in a note late Monday that JPMorgan ( JPM ) was well positioned to report peer-beating results due to its business strength and diversification. During the past decade, JPM has successfully consolidated...
Exclusive-Marathon Partners pushes Dr. Martens for strategic review, possible sale
Exclusive-Marathon Partners pushes Dr. Martens for strategic review, possible sale
Apr 2, 2024
NEW YORK (Reuters) - Investment firm Marathon Partners Equity Management wants British boot maker Dr. Martens ( DOCMF ) to hire bankers and begin an immediate strategic review that could lead to a sale of the company, according to a letter seen by Reuters. The New York-based firm argues Dr. Martens' ( DOCMF ) stalled earnings growth and sharp share...
AtkinsRealis Reselected for US$35 Million Georgia Department of Transportation Contract
AtkinsRealis Reselected for US$35 Million Georgia Department of Transportation Contract
Apr 2, 2024
08:05 AM EDT, 04/02/2024 (MT Newswires) -- AtkinsRealis [formerly SNC-Lavalin Group Inc. ( SNCAF )] (ATRL.TO), an integrated professional services and project management company with offices around the world, on Tuesday said it has been has been reselected by the Georgia Department of Transportation (Georgia DOT) to provide Construction Engineering and Inspection (CE&I) services under a US$35 million contract. AtkinsRealis...
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Market Sentiment: Gold, Dow Jones 30, USD/JPY – Bears or Bulls in Control?
Market Sentiment: Gold, Dow Jones 30, USD/JPY – Bears or Bulls in Control?
May 16, 2024
Most Read: EUR/USD Fails to Sustain Bullish Momentum, GBP/USD Pauses After Breakout In the dynamic world of trading, it’s easy to fall prey to the herd mentality, where buying into rising markets and selling during downturns seems like the safe bet. However, experienced traders know that there is often untapped potential on the road less traveled. This strategy involves going...
Senate Passes Bill To Scrap Anti
Senate Passes Bill To Scrap Anti
May 16, 2024
The United States Senate passed a resolution on Tuesday to scrap a de facto ban preventing the nation’s banks from offering crypto custody services. The vote drew cautious optimism from Bitcoin’s most fervent supporters online and in Congress, who are still wary of a likely veto by the presidential office. Will Crypto Banking Be Possible In The US? As voted...
Internet Computer Protocol (ICP) Unveils New Roadmap for Decentralized AI and Chain Interoperability
Internet Computer Protocol (ICP) Unveils New Roadmap for Decentralized AI and Chain Interoperability
May 16, 2024
Decentralized blockchain network Internet Computer Protocol (ICP) has released a new roadmap for driving decentralized artificial intelligence (DeAI) and chain fusion in the web3 space. According to an official statement sent to CryptoPotato, ICP is unveiling the Year 4 Internet Computer Roadmap to celebrate the third anniversary of its mainnet launch. ICP Releases New Roadmap The new roadmap summarizes three...
This is Ripple’s Most Important Exec, According to the Company’s CTO
This is Ripple’s Most Important Exec, According to the Company’s CTO
May 17, 2024
TL;DR Ripple CTO David Schwartz considers this co-founder the most important person in the companys history for his early commitment, among other reasons. Attorney John E Deaton believes CEO Brad Garlinghouse has played a crucial role in the firms legal successes and should be labeled CEO of the decade if the firm goes public. Who is Ripples Most Valuable Member?...
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