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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...
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.
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....
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US Equity Indexes Mixed Following Surprise Drop in Wholesale Price Inflation
US Equity Indexes Mixed Following Surprise Drop in Wholesale Price Inflation
Jun 13, 2024
12:24 PM EDT, 06/13/2024 (MT Newswires) -- US equity indexes traded mixed while government bond yields fell by midday on Thursday after the wholesale price inflation rate unexpectedly declined. The Dow Jones Industrial Average slid 0.7% to 38,446.1, with the S&P 500 down 0.2% to 5,411.2. The Nasdaq Composite, however, rose less than 0.1% to 17,615.5. While down, the Nasdaq...
These Cara Therapeutics Analysts Are No Longer Bullish: 'We See No Obvious Future Value Drivers'
These Cara Therapeutics Analysts Are No Longer Bullish: 'We See No Obvious Future Value Drivers'
Jun 13, 2024
Shares of Cara Therapeutics Inc ( CARA ) tanked in early trading on Thursday, with the Dow shedding more than 100 points. The company reported its quarterly results amid an exciting earnings season. Here are some key analyst takeaways. Needham analyst Joseph Stringer downgraded the rating on the stock from Buy to Hold. HC Wainwright analyst Oren Livnat downgraded the...
Top Midday Stories: Tesla's Musk Says Pay Package Headed for Approval; SCOTUS Sides With Starbucks Over NLRB; Ford Ends EV Dealership Program; Ares Close to Deal With GLP Capital
Top Midday Stories: Tesla's Musk Says Pay Package Headed for Approval; SCOTUS Sides With Starbucks Over NLRB; Ford Ends EV Dealership Program; Ares Close to Deal With GLP Capital
Jun 13, 2024
12:03 PM EDT, 06/13/2024 (MT Newswires) -- The major US stock indexes were mostly flat in late-morning trading Thursday, as investors weighed the Federal Reserve's most-recent decision to hold interest rates steady as well as the latest round of inflation data that hinted that price pressures may be easing. In company news, Tesla (TSLA) Chief Executive Elon Musk said proposals...
Bond ETFs Unfazed By Fed Decision To Keep Rates Steady
Bond ETFs Unfazed By Fed Decision To Keep Rates Steady
Jun 13, 2024
The bond market remained stable on Thursday morning after the Federal Reserve kept interest rates unchanged on Wednesday, as bond exchange-traded funds stayed flat in early-morning trading. The Fed kept rates at a 23-year high of between 5.25% and 5.5% on Wednesday as it strives to lower the 3.3% inflation rate to 2%. “The Committee does not expect it will...
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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...
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...
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Deep Dive Into Confluent Stock: Analyst Perspectives (17 Ratings)
Mar 22, 2024
In the preceding three months, 17 analysts have released ratings for Confluent , presenting a wide array of perspectives from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 7 5 5...
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...
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WHO backs weight-loss drugs for obesity and urges change in mindset
WHO backs weight-loss drugs for obesity and urges change in mindset
Sep 15, 2025
LONDON, Sept 15 (Reuters) - The World Health Organization will recommend using weight-loss drugs to treat obesity in adults, according to draft guidance from the agency that urged countries to take the condition seriously as a chronic disease. The WHO's expert committee concluded that the popular GLP-1 drugs, first developed by Novo Nordisk and Eli Lilly ( LLY ) ,...
Sharps Technology Files $1 Billion Shelf
Sharps Technology Files $1 Billion Shelf
Sep 15, 2025
10:39 AM EDT, 09/15/2025 (MT Newswires) -- Sharps Technology ( STSS ) on Monday filed a shelf offering to sell up to $1 billion of shares, warrants, units, and other securities. Proceeds from the offering may be used for debt repayment, repurchases of common shares, and working capital, among other things, the company said. Shares of the company were down...
Reliance Global Group Launches Digital Asset Treasury Initiative
Reliance Global Group Launches Digital Asset Treasury Initiative
Sep 15, 2025
10:45 AM EDT, 09/15/2025 (MT Newswires) -- Reliance Global Group ( RELI ) said Monday it will create a portfolio comprising digital assets like Bitcoin (BTC-USD), Ethereum (ETH-USD), and Solana (SOL-USD) as part of its expansion into the cryptocurrency and blockchain sector. The company said it will buy up to $60 million of cryptocurrencies in the first phase, with plans...
Exxon to offer auto-voting to counter shareholder activism
Exxon to offer auto-voting to counter shareholder activism
Sep 15, 2025
* SEC allows Exxon's auto-voting plan for retail investors * New mechanism may help Exxon counter activists * Retail investors hold significant shares but can have low voting turnout By Sheila Dang and Ross Kerber HOUSTON/BOSTON, Sept 15 (Reuters) - Exxon Mobil ( XOM ) is introducing a unique shareholder voting mechanism that will allow retail investors to automatically cast...
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BNB Rally Far From Over: New ATHs on the Horizon
BNB Rally Far From Over: New ATHs on the Horizon
Aug 21, 2025
TL;DR BNB reached $880 before settling near $860, with $2.36B in daily trading activity recorded. Analyst Cas Abbé confirms $800 breakout retest, setting short-term expansion targets at $900 and $1,000. Market sentiment remains mixed, with some traders calling for $1,200 if momentum sustains above $800. BNB Hits Record Price Binance Coin (BNB) set a new record on Wednesday, trading above...
Bitcoin Opportunity? Binance Futures Sentiment Crashes to Local Lows
Bitcoin Opportunity? Binance Futures Sentiment Crashes to Local Lows
Aug 21, 2025
Over the past week, the market has been choppy as investors weigh mixed cues on jobs, inflation, and interest rates. Bitcoin briefly fell near $112,500 on Tuesday, before a modest recovery to the current $113,500. A potential contrarian signal has emerged, which can indicate buying opportunities in derivatives. Bullish Reversal? In its latest analysis, CryptoQuant noted that the Binance Taker...
MetaMask Enters Stablecoin Wars With Stripe
MetaMask Enters Stablecoin Wars With Stripe
Aug 21, 2025
Consensys-developed self-custodial wallet, MetaMask, has introduced its native stablecoin, MetaMask USD (mUSD). The launch is significant as it marks the first instance of a self-custodial wallet issuing a native stablecoin. The asset is issued by Bridge, a Stripe-owned stablecoin platform, and operates on-chain through M0, a decentralized infrastructure designed for stablecoin liquidity. MetaMasks mUSD Unlike most stablecoins that exist independently...
Bitcoin Faces Crucial $106K Test Before Potential Q4 ATH Push
Bitcoin Faces Crucial $106K Test Before Potential Q4 ATH Push
Aug 21, 2025
TL;DR Analysts see Bitcoin dipping to $106K–$110K before setting new highs in Q4 2025. $114K short-term pivot will determine whether it  holds range or slides into a deeper correction. Whale long positions remain strong, signaling an accumulation phase before a possible rally to fresh highs. Bitcoin Steady Ahead of Powell Speech Crypto markets are holding range-bound trading as investors wait...
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