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...

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.

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.

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.

(Updates throughout; refreshes prices at 1618 GMT) By Stefano Rebaudo Nov 13 (Reuters) - Euro zone yields retreated from the day's highs on Wednesday after data showed U.S. inflation increased as expected in October, which prompted traders to ramp up their bets on a Federal Reserve rate cut next month. The U.S. consumer price index rose 0.2% for the fourth...

12:34 PM EST, 11/13/2024 (MT Newswires) -- US equity indexes rose in choppy trading Wednesday while most Treasury yields fell as bets favoring an interest-rate cut in December remained alive following the release of October's inflation data. The S&P 500 climbed 0.3% to 6,002.1, the Dow Jones Industrial Average rose 0.4% to 44,102.2, and the Nasdaq Composite advanced 0.1% to...

Bitcoin (CRYPTO: BTC) mining stocks MARA Holdings Inc , Riot Platforms Inc  and CleanSpark Inc are trading lower Wednesday morning despite a surge in the price of bitcoin. Here’s a look at what’s going on. What To Know: Bitcoin is hitting new all-time highs again on Wednesday, adding to gains of nearly 25% over the past week. Bitcoin was up 5.8% over a 24-hour period, hovering around $91,775 at the...

(Reuters) -The S&P 500 and the Dow edged higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest rate cut in December. The consumer price index rose 0.2% in October for the fourth straight month, the Labor Department's Bureau of Labor Statistics said, and advanced 2.6% on an annual basis....

Dec 6 (Reuters) - Frontier Tower Associates Philippines will acquire more than 400 telecommunication (telco) towers from CREI Management Services in the Philippines, the companies said on Thursday. Frontier, a KKR portfolio company, specializes in investing in the construction and management of telecommunication infrastructure, primarily focusing on towers and associated assets. The deal adds over 400 towers to Frontier's nearly...

Amazon.com Inc. ( AMZN ) founder Jeff Bezos and Tesla Inc. ( TSLA ) CEO Elon Musk, two of the world’s wealthiest individuals, continue to chart distinctly different paths in their approaches to America’s economic challenges and business leadership. What Happened: At the recent New York Times DealBook Summit, Bezos advocated for addressing the national debt crisis through economic expansion...

During the last three months, 18 analysts shared their evaluations of Guidewire Software ( GWRE ) , revealing diverse outlooks from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 13 1 0...

Intel Corporation ( INTC ) has appointed semiconductor industry veterans Eric Meurice and Steve Sanghi to its board of directors, the company announced Thursday, as it navigates through significant leadership transitions and market challenges. What Happened: The appointments come days after CEO Pat Gelsinger‘s reportedly forced departure, due to the board’s frustration with his turnaround efforts. Under Gelsinger’s leadership, Intel’s...

Government's plans to bring changes in IT rules for greater scrutiny of social media and online platforms has raised concerns with IT and law experts who say the amendments may allow authorities to seek user data, invading privacy and free speech.

Twice in the past week, Prime Minister Narendra Modi sent his first tweet between six and seven am. For Congress president Rahul Gandhi, however, the day on the social media platform begins only at eight am.

The battle against fake news is not about curbing the freedom of others; nor is it compromising privacy.

Twitter on Thursday said it recorded over the past two months more than 48 lakh tweets in relation to the Assembly elections in five states -- Chhattisgarh, Mizoram, Madhya Pradesh, Rajasthan and Telangana.

08:02 AM EDT, 06/17/2024 (MT Newswires) -- Ovid Therapeutics ( OVID ) shares slumped 64% Monday premarket after the company said that phase 3 studies conducted by Takeda evaluating Soticlestat in certain types of epilepsy missed their primary endpoints. Kaival Brands Innovations Group ( KAVL ) shares fell 35%, paring Friday's rally. La Rosa Holdings ( LRHC ) shares retreated...

08:03 AM EDT, 06/17/2024 (MT Newswires) -- Marinus Pharmaceuticals ( MRNS ) said on Monday that its experimental drug, intravenous ganaxolone, aimed at treating refractory status epilepticus - a condition where seizures persist despite standard treatments - did not achieve one of its primary goals in a Phase 3 study, sending shares down by 8.5% in premarket trading. Marinus said...

07:59 AM EDT, 06/17/2024 (MT Newswires) -- Takeda Pharmaceutical ( TAK ) said Monday its phase 3 trials evaluating soticlestat to treat refractory Dravet syndrome and Lennox-Gastaut syndrome missed the primary endpoints. The study evaluating soticlestat in participants with Dravet syndrome narrowly missed the primary endpoint of reduction from baseline in convulsive seizure frequency compared to placebo, while the study...

June 17 (Reuters) - Naver Corp: * WEBTOON ENTERTAINMENT INC. SAYS OFFERING 15 MILLION SHARES OF COMMON STOCK TO BE SOLD IN IPO - SEC FILING * WEBTOON ENTERTAINMENT INC SAYS ESTIMATES IPO PRICE PER SHARE WILL BE BETWEEN $18.00 AND $21.00 - SEC FILING * WEBTOON ENTERTAINMENT INC. : ON JUNE 16 NAVER U.HUB INC ENTERED STOCK PURCHASE AGREEMENT...

Ether prices have surged to their highest levels for almost four years, tapping $4,625 during Asian trading early on Wednesday morning. The asset has continued to build momentum and is now up a whopping 54% over the past month and 27% over the past week. Meanwhile, the latest move has taken it to within 5.3% of its 2021 all-time high...

Bitcoin dominance has fallen to its lowest level since January, dropping this week as Ethereum approaches its all-time high. The metric, which measures Bitcoin’s crypto market share, has been trending downward since late June when Ether started to wake up. Since then, it has declined by 10% sparking renewed calls for altseason, which usually comes when BTC dominance drops to...

Bitmine Immersion Technologies has become the first corporation to accumulate more than a million ETH for its strategic treasury. On Monday, the firm announced that its ETH holdings had reached 1.15 million tokens worth around $4.9 billion. It added that this total is 317,126 more than a week ago, and the treasury value is around $2 billion higher relative to...

Bitcoin’s derivatives market is flashing its loudest warning signal in five years as traders pile into highly leveraged positions. According to analyst Axel Adler Jr., August’s 30-day change in the Estimated Leverage Ratio (ELR) went above +0.4 for the first time since 2020, a level that has historically come before periods of volatile price moves and sudden liquidations. Elevated Risk...