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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.
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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Traders Eye Busy Earnings Week as US Equity Futures Drop Pre-Bell
Traders Eye Busy Earnings Week as US Equity Futures Drop Pre-Bell
Oct 21, 2024
08:07 AM EDT, 10/21/2024 (MT Newswires) -- US equity futures were lower pre-bell Monday ahead of a busy week of quarterly updates from Corporate America. Dow Jones Industrial Average futures slipped 0.2%, S&P 500 futures declined 0.3%, and Nasdaq futures were down 0.6%. Technology firms Amazon ( AMZN ) and Tesla (TSLA) are some of the highlights for this week's...
Sector Update: Tech
Sector Update: Tech
Oct 21, 2024
08:53 AM EDT, 10/21/2024 (MT Newswires) -- Technology stocks were mixed premarket Monday as the Technology Select Sector SPDR Fund (XLK) was 0.5% lower and the SPDR S&P Semiconductor ETF (XSD) was up 1.2% recently. JinkoSolar Holding ( JKS ) shares were over 1% higher after the company said its Jinko Solar unit plans to issue 1 billion A shares...
US Equity Investors to Shift Focus to Technology Earnings to Keep Rally Going From Record Levels
US Equity Investors to Shift Focus to Technology Earnings to Keep Rally Going From Record Levels
Oct 21, 2024
06:28 AM EDT, 10/21/2024 (MT Newswires) -- US equity investors will focus on technology companies' quarterly results, expecting the behemoths to help lift markets higher from record levels in a week of relatively light macroeconomic data and the continuing crisis in the Middle East. * Q3 earnings season comes into full swing this week, with 110 S&P 500 companies scheduled...
US STOCKS-Wall St set to slip as caution prevails before big corporate earnings
US STOCKS-Wall St set to slip as caution prevails before big corporate earnings
Oct 21, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Boeing ( BA ) gains after offering new wage deal * Humana climbs after report Cigna ( CI ) resumes merger talks * 114 S&P 500 companies to report results this week * Futures down: Dow 0.15%, S&P 500...
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PlayStation 5 Sales Slide: What's Behind Sony's Latest Numbers?
PlayStation 5 Sales Slide: What's Behind Sony's Latest Numbers?
Aug 7, 2024
Sony Group Corp ( SONY )‘s PlayStation 5 has reached an impressive milestone of 61.7 million units sold since its 2020 launch. However, the company’s latest financial results reveal a decline in year-over-year sales, dropping from 3.3 million units sold in the first quarter of the 2024 financial year to 2.4 million units in the same period of the 2025...
China's drivers fret as robotaxis pick up pace - and passengers
China's drivers fret as robotaxis pick up pace - and passengers
Aug 7, 2024
WUHAN, Aug 8 (Reuters) - Liu Yi is among China's 7 million ride-hailing drivers. A 36-year-old Wuhan resident, he started driving part-time this year when construction work slowed in the face of a nationwide glut of unsold apartments. Now he predicts another crisis as he stands next to his car watching neighbours order driverless taxis. Everyone will go hungry, he...
Metrc's New Retail ID Seeks To Streamline Cannabis Supply Chain
Metrc's New Retail ID Seeks To Streamline Cannabis Supply Chain
Aug 7, 2024
Metrc announced that it has launched a solution to improve the cannabis supply chain by offering item-level visibility and significant labor savings. The feature combines advanced software, RFID, customer support and a secure database to track cannabis from growth to sourcing product information directly from Metrc, thus ensuring consumer visibility and boosting public safety and confidence. Consumers are demanding more...
Demystifying Astera Labs: Insights From 9 Analyst Reviews
Demystifying Astera Labs: Insights From 9 Analyst Reviews
Aug 7, 2024
Astera Labs ( ALAB ) has been analyzed by 9 analysts in the last three months, revealing a diverse range of perspectives 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 Somewhat Bearish...
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Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Lok Sabha passes Forest (Conservation) Amendment Bill — All you need to know
Jul 11, 2023
Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
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India Morning Newsletter, August 1
India Morning Newsletter, August 1
Jul 31, 2025
To access a PDF version of this newsletter, please click here If you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-Subscriptionpage For an index of our newsletters click on ...
CEO Tim Cook says Apple ready to open its wallet to catch up in AI
CEO Tim Cook says Apple ready to open its wallet to catch up in AI
Jul 31, 2025
SAN FRANCISCO (Reuters) -Apple CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more data centers or buying a larger player in the segment, a departure from a long practice of fiscal frugality. Apple has struggled to keep pace with rivals such as Microsoft and...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
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,...
Taiwan government says US tariff rate temporary, will negotiate lower one
Taiwan government says US tariff rate temporary, will negotiate lower one
Jul 31, 2025
By Yimou Lee and Faith Hung TAIPEI (Reuters) -Taiwan's president and his cabinet said on Friday 20% U.S. tariffs will be temporary and the government will continue to advocate for reasonable tariff rates as they complete the final stage of negotiations. Once a final agreement is reached, the tariff rate is expected to be reduced further, according to a Facebook...
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Dormant Ethereum Whales Shift $400M to Bitfinex Before ETH’s 20% Drop
Dormant Ethereum Whales Shift $400M to Bitfinex Before ETH’s 20% Drop
Feb 3, 2025
Two long-inactive Ethereum whales resurfaced after six years, moving an eye-popping 135,548 ETH valued at just under $400 million to Bitfinex hours before the crypto market came crashing down. The two wallets have been dormant since January 2019 and became active within hours of each other. Strategy or Coincidence? According to on-chain data shared by Spot on Chain, the two...
Tariffs to Fuel Bitcoin Surge, Says Bitwise Strategist
Tariffs to Fuel Bitcoin Surge, Says Bitwise Strategist
Feb 3, 2025
Jeff Park, Head of Strategy at Bitwise, believes that tariffs will ultimately be a powerful catalyst for Bitcoin’s long-term rise. This comes as the recent imposition of these charges by President Donald Trump has caused volatility in the crypto market. The Potential Impact of a Tariff War on Bitcoin In a February 2 post on X, Park emphasized that this...
Ethereum Price Analysis: What’s Next for ETH After 25% Daily Crash?
Ethereum Price Analysis: What’s Next for ETH After 25% Daily Crash?
Feb 3, 2025
Ethereum’s price has experienced a massive crash today, sending shockwaves throughout the crypto market. Many investors are now wondering whether this is the beginning of a new bear market or a substantial short-term liquidation event. Technical Analysis By Edris Derakhshi (TradingRage) The Daily Chart As the daily chart suggests, the Ethereum price dropped all the way back to the $2,100...
Shiba Inu (SHIB) Crashes 20% Daily But This Key Metric Suggests a Comeback
Shiba Inu (SHIB) Crashes 20% Daily But This Key Metric Suggests a Comeback
Feb 3, 2025
TL;DR SHIB collapsed to a four-month low, but one indicator suggests a potential move to the upside. The entire meme coin niche is in red today (February 3), with WIF, BONK, FLOKI, and more among the biggest losers. Just a Temporary Correction? The past 24 hours have been calamitous for the cryptocurrency market, with numerous leading digital assets recording double-digit...
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