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...

　　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....

　　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...

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.

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...

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...

With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: FedEx Corporation ( FDX ) reported better-than-expected earnings for its third quarter and authorized a new $5 billion share repurchase program. FedEx ( FDX ) shares jumped 12.9% to $299.07 in the after-hours trading session. Worthington Steel,...

(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,...

Investors with a lot of money to spend have taken a bullish stance on T-Mobile US ( TMUS ) . And retail traders should know. We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...

Investors with a lot of money to spend have taken a bearish stance on Taiwan Semiconductor . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with...

Whales with a lot of money to spend have taken a noticeably bullish stance on Broadcom ( AVGO ). Looking at options history for Broadcom ( AVGO ) we detected 88 trades. If we consider the specifics of each trade, it is accurate to state that 51% of the investors opened trades with bullish expectations and 45% with bearish. From...

Glimpse Group ( VRAR ) will release its quarterly earnings report on Thursday, 2024-11-14. Here's a brief overview for investors ahead of the announcement. Analysts anticipate Glimpse Group ( VRAR ) to report an earnings per share (EPS) of $-0.06. Anticipation surrounds Glimpse Group's ( VRAR ) announcement, with investors hoping to hear about both surpassing estimates and receiving positive...

Startup founders highlighted the impact of traffic congestion on productivity and felt that Bangalore needs a CEO, as the problems of the city, whether traffic or flooding, are solvable with a little bit of focus.

The scheme has been ensuring food grain at subsidised rate every month for over 80 crore of beneficiaries under the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) since its launch in April 2020.

The ED alleged that the loan records of Pulpally Service Cooperative Bank showed overvalued estimation of properties offered as collateral. The loans were later not repaid by the applicants, the agency alleged.

At an election rally in Rajasthan’s Udaipur on Tuesday, senior Congress leader Rahul Gandhi described the caste census as an X-ray of the country and pledged that the party will undertake it both in the state and the centre, if voted to power.

04:53 PM EDT, 05/20/2024 (MT Newswires) -- Lakeland Industries ( LAKE ) said late Monday that Executive Chairman James Jenkins will also assume the roles of chief executive and president, effective June 1. The company said Jenkins previously held the position of acting CEO since Feb. 1 following the departure of its previous CEO, Charles Roberson. Price: 17.00, Change: -0.08,...

04:52 PM EDT, 05/20/2024 (MT Newswires) -- Shares of Hims & Hers Health ( HIMS ) rallied on Monday after the digital pharmacy announced the addition of weight loss injections, which come at a time of wider industry shortages. The glucagon-like peptide-1, or GLP-1, injections offer an affordable way for patients to access the same active ingredient as Novo Nordisk...

04:51 PM EDT, 05/20/2024 (MT Newswires) -- Allegion ( ALLE ) late Monday said it has extended its existing senior unsecured revolving credit facility by five years and increased the borrowing limit by 50% to $750 million. The security products company said a portion of the renewed revolving credit facility can be used for letters of credit and swingline loans....

04:56 PM EDT, 05/20/2024 (MT Newswires) -- Kyle C Badger, Senior Vice President, General Counsel and Secretary, on May 16, 2024, sold 59,808 shares in Agilysys ( AGYS ) for $5,924,887. Following the Form 4 filing with the SEC, Badger has control over a total of 116,083 shares of the company, with 116,083 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/78749/000120919124005669/xslF345X03/doc4.xml ...

Spot Bitcoin ETFs have proved to have a major impact on the underlying assets price movements, which could hint at upcoming rallies for BTC. This is because investors allocated more than $360 million in net inflows into the US-based ETFs yesterday, the highest levels in over two months. Demand for Spot BTC ETFs Rises CryptoPotato has repeatedly reported in the...

A Singapore court has reportedly granted a four-month moratorium to Indian cryptocurrency exchange WazirX, following the companys request for a temporary reprieve. The moratorium, however, comes with some conditions, including full transparency of the exchanges wallet addresses and financial records. Court’s Conditions This development comes after WazirX was hit by a massive hack in July, which resulted in the loss...

On Sept. 27, Fortune reported that Changpeng Zhao (CZ) will step out onto the streets of California as a free man two days before his official release date. The outlet reported that if a release date falls on a weekend, inmates leave custody early. CZ was scheduled for release on Sept. 29 following four months in prison. A Binance spokesperson...

Bitcoin appears to have defied the historical trend of negative return for September, with almost 9% in gains for the month. At the time of writing, Bitcoin is trading above $64,000. As such, experts are now betting on a more favourable market conditions and a continued bullish trend for the worlds leading crypto asset. Room For Growth According to the...