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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...
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....
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.
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.
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Bank of America Earnings Lift Investor Sentiment, Driving Premarket Gains for US Equity Futures
Bank of America Earnings Lift Investor Sentiment, Driving Premarket Gains for US Equity Futures
Oct 15, 2025
08:23 AM EDT, 10/15/2025 (MT Newswires) -- US equity futures were higher pre-bell Wednesday, lifted by strong quarterly earnings from Bank of America ( BAC ) , while US-China trade tensions lingered. Dow Jones Industrial Average futures were 0.5% higher, S&P 500 futures were up 0.6%, and Nasdaq futures were 0.8% higher. Bank of America ( BAC ) reported higher...
Sector Update: Tech
Sector Update: Tech
Oct 15, 2025
08:57 AM EDT, 10/15/2025 (MT Newswires) -- Technology stocks were rising pre-bell Wednesday, with The Technology Select Sector SPDR Fund (XLK) up 1.4% and the SPDR S&P Semiconductor ETF (XSD) 2.2% higher. ASML Holding ( ASML ) stock was up more than 4% after the company reported higher fiscal Q3 earnings and net sales. ...
These 3 Beaten-Down Oil Stocks Could Make A Big Comeback
These 3 Beaten-Down Oil Stocks Could Make A Big Comeback
Oct 15, 2025
Three Oil & Gas equipment stocks surged into the top decile of the value rankings this week, marking a notable shift in investor sentiment toward undervalued industrial players. 3 Oil & Gas Equipment Stocks In Focus North American Construction Group Ltd. ( NOA ) , Nov Inc. ( NOV ) , and Ranger Energy Services Inc. ( RNGR ) all...
SNAPSHOT-India stocks, rupee, swaps, call at close
SNAPSHOT-India stocks, rupee, swaps, call at close
Oct 15, 2025
Oct 15 (Reuters) - STOCKS: The benchmark BSE Sensex was up 0.7% at 82,605.43, while the broader NSE Nifty 50 index advanced 0.71% to 25,323.55, as growing expectations of a U.S. Federal Reserve rate cut and optimism over an earnings rebound buoyed sentiment. RUPEE: The Indian rupee rose 0.81% versus the U.S. dollar to 88.075, as firm central bank intervention...
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KKR working to finalise Telecom Italia network deal this summer
KKR working to finalise Telecom Italia network deal this summer
Mar 14, 2024
MILAN, March 14 (Reuters) - KKR is pressing ahead with preparatory activities for the buyout of Telecom Italia's (TIM) fixed line network and working with other parties towards the summer 2024 timeframe for finalising the deal, a spokesperson for the U.S. fund said on Thursday. Backed by the Italian government and worth up to 22 billion euros ($24 billion), the...
Analyst Expectations For Microchip Technology's Future
Analyst Expectations For Microchip Technology's Future
Mar 14, 2024
In the preceding three months, 12 analysts have released ratings for Microchip Technology ( MCHP ) , presenting a wide array of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...
TSX Down 164 Points at Midday With Telecoms, Healthcare, The Biggest Decliners
TSX Down 164 Points at Midday With Telecoms, Healthcare, The Biggest Decliners
Mar 14, 2024
12:16 PM EDT, 03/14/2024 (MT Newswires) -- The TSX is down 164 points at midday, amid mixed commodities and some profit taking after the index got to within about 120 points off the all time record his on Wednesday. Telecoms (-1.4%) and healthcare (-1.1%), are the biggest decliners. Energy, up 0.6%, is the sole gainer. Oil prices rose early on...
'Caterpillar's Entire Portfolio Benefits': Analyst Foresees 'Decade Of The Infrastructure Renaissance'
'Caterpillar's Entire Portfolio Benefits': Analyst Foresees 'Decade Of The Infrastructure Renaissance'
Mar 14, 2024
Caterpillar Inc. ( CAT ) has been in focus as being among the beneficiaries of the AI wave. While the company's earnings are likely to be supported by strong secular tailwinds, the market seems to underappreciate its earnings power, according to Truist Securities. The Caterpillar ( CAT ) Analyst: Jamie Cook initiated coverage of Caterpillar ( CAT ) with a...
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No legislative business in Rajya Sabha in 1st part of Budget Session: Govt
No legislative business in Rajya Sabha in 1st part of Budget Session: Govt
Jan 31, 2022
The government made the announcement at a virtual all-party meet in the backdrop of the Pegasus snooping row that promises to heat up the Budget Session, which will last from January 31-April 8 with a recess between February 12 and March 13.
Stranded in Delhi, not allowed to fly for Muzaffarnagar, alleges Samajwadi Party president Akhilesh Yadav
Stranded in Delhi, not allowed to fly for Muzaffarnagar, alleges Samajwadi Party president Akhilesh Yadav
Jan 28, 2022
Samajwadi Party president Akhilesh Yadav alleged that he was stranded in Delhi as his helicopter was not allowed to fly to Uttar Pradesh's Muzaffarnagar for an election programme. Akhilesh Yadav and RLD chief Jayant Chaudhary are scheduled to address a joint press conference in Muzaffarnagar.
Akhilesh Yadav to file nomination from Karhal; says 2022 Uttar Pradesh polls to write history of next century
Akhilesh Yadav to file nomination from Karhal; says 2022 Uttar Pradesh polls to write history of next century
Jan 31, 2022
The Samajwadi Party (SP) has declared Akhilesh Yadav as its candidate from the Karhal assembly seat, which is part of the Mainpuri parliamentary constituency represented by party founder Mulayam Singh Yadav. Karhal will go to polls on February 20 in the third of the seven phase elections in the state.
Uttarakhand polls: Amit Shah holds door-to-door campaign in Rudraprayag, asks people to bring BJP back to power
Uttarakhand polls: Amit Shah holds door-to-door campaign in Rudraprayag, asks people to bring BJP back to power
Jan 28, 2022
Ahead of Uttarakhand assembly elections, Union Home Minister Amit Shah distributed pamphlets, in the Rudraprayag district, listing the work done by the BJP government during its tenure and what the party plans to do during the next five years if it returns to power. He also targeted the previous Congress dispensation, describing it as a government of corruption and scams.
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Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Mar 21, 2024
BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
UN adopts first global artificial intelligence resolution
UN adopts first global artificial intelligence resolution
Mar 21, 2024
(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
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