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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....
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.
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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Sector Update: Energy
Sector Update: Energy
Jul 19, 2024
01:37 PM EDT, 07/19/2024 (MT Newswires) -- Energy stocks were lower Friday afternoon, with the NYSE Energy Sector Index decreasing 0.6% and the Energy Select Sector SPDR Fund (XLE) down 0.5%. The Philadelphia Oil Service Sector index was posting a 0.5% decline, and the Dow Jones US Utilities index was shedding 0.3%. Front-month West Texas Intermediate crude oil was declining...
Mega-Cap Technology Stocks Push US Equity Indexes Lower Amid Global IT Outage
Mega-Cap Technology Stocks Push US Equity Indexes Lower Amid Global IT Outage
Jul 19, 2024
01:47 PM EDT, 07/19/2024 (MT Newswires) -- US equity indexes fell after midday Friday as a continuing downdraft in technology proved to be a drag amid a global IT outage. The Nasdaq Composite declined 0.9% to 17,710.2, with the S&P 500 down 0.7% to 5,504.9 and the Dow Jones Industrial Average 1.1% lower at 40,229.3. All sectors except healthcare were...
Sector Update: Financial Stocks Retreat Friday Afternoon
Sector Update: Financial Stocks Retreat Friday Afternoon
Jul 19, 2024
01:48 PM EDT, 07/19/2024 (MT Newswires) -- Financial stocks were decreasing in Friday afternoon trading, with the NYSE Financial Index shedding 0.7% and the Financial Select Sector SPDR Fund (XLF) dropping 0.9%. The Philadelphia Housing Index was adding 0.2%, and the Real Estate Select Sector SPDR Fund (XLRE) was easing 0.3%. Bitcoin (BTC-USD) spiked 4.1% to $66,472, and the yield...
Sector Update: Health Care
Sector Update: Health Care
Jul 19, 2024
01:44 PM EDT, 07/19/2024 (MT Newswires) -- Health care stocks were advancing Friday afternoon, with the NYSE Health Care Index adding 0.3% and the Health Care Select Sector SPDR Fund (XLV) up 0.4%. The iShares Biotechnology ETF (IBB) shed 0.2%. In corporate news, Augmedix ( AUGX ) shares surged nearly 147% after the company said it had agreed to be...
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What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
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.
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
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.
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Market Chatter: Bausch Health Swaps Out Advisers After Years of Debt, Sale Talks
Market Chatter: Bausch Health Swaps Out Advisers After Years of Debt, Sale Talks
Jan 22, 2025
05:23 PM EST, 01/22/2025 (MT Newswires) -- Executives at Bausch Health Cos Inc. ( BHC ) are shaking up the company's team of advisers as part of the latest in a years-long effort to tackle some of its approximately US$20 billion dollars of debt and enable a crucial asset sale, Bloomberg is reporting Wednesday. Bausch, which has been working to...
EV Stocks Are Falling Today: What's Going On?
EV Stocks Are Falling Today: What's Going On?
Jan 22, 2025
Shares of electric vehicle (EV) stocks, including Rivian Automotive Inc. ( RIVN ) and Lucid Group Inc. ( LCID ) , are trading lower amid continued weakness following significant policy changes announced by President Donald Trump. What To Know: The policy shifts involve revoking a 2021 executive order issued by former President Joe Biden, which set a non-binding target for...
Dorman Products Insider Sold Shares Worth $827,477, According to a Recent SEC Filing
Dorman Products Insider Sold Shares Worth $827,477, According to a Recent SEC Filing
Jan 22, 2025
05:27 PM EST, 01/22/2025 (MT Newswires) -- Steven L Berman, Director, on January 17, 2025, sold 6,317 shares in Dorman Products ( DORM ) for $827,477. Following the Form 4 filing with the SEC, Berman has control over a total of 944,374 shares of the company, with 819,605 shares held directly and 124,769 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/868780/000162828025002225/xslF345X05/wk-form4_1737584640.xml ...
Discover Financial fourth-quarter profit jumps on lower loan loss provisions
Discover Financial fourth-quarter profit jumps on lower loan loss provisions
Jan 22, 2025
(Reuters) - U.S. credit card issuer Discover Financial posted a more than threefold increase in fourth-quarter profit on Wednesday, helped by a drop in provisions for credit losses and a rise in interest income. The Federal Reserve's decision to lower interest rates and hopes of a soft landing for the economy helped ease lenders' concerns about potential credit defaults in...
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Why is the Ethereum (ETH) Price Up Today?
Why is the Ethereum (ETH) Price Up Today?
Mar 25, 2024
Ethereum is back above $3,300 after a brief drop under this key level. In the following, we take a look at a few technical indicators that might provide some insights into why the ETH price is up today. Key Support levels: $3,300 Key Resistance levels: $4,000 1. Bulls Regain Control The correction that started in mid-March appears to be ending....
This Bitcoin Metric Signals Caution Despite Attempts to Reclaim $67K: BTC Price Analysis
This Bitcoin Metric Signals Caution Despite Attempts to Reclaim $67K: BTC Price Analysis
Mar 25, 2024
Bitcoins price has recently found support around the significant $60K price level, initiating a period of sideways consolidation correction. However, buyers are aiming to reclaim the $73K threshold in the mid-term, propelling the price towards a new all-time high. Technical Analysis By Shayan The Daily Chart A detailed analysis of the daily chart indicates that Bitcoins price has entered a...
Shiba Inu Explodes 7% in an Hour: Is the SHIB Bull Run Back?
Shiba Inu Explodes 7% in an Hour: Is the SHIB Bull Run Back?
Mar 25, 2024
TL;DR The global cryptocurrency market capitalization has surged, with leading cryptocurrencies and meme coins experiencing significant gains. Shiba Inus price spiked, improving profitability for the majority of its holders. The cryptocurrency sector has headed north in the past few hours, with the global market capitalization surging above $2.75 trillion and leading digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana,...
Bitcoin (BTC) Soars Past $69K to Chart 9
Bitcoin (BTC) Soars Past $69K to Chart 9
Mar 25, 2024
The price of Bitcoin added more than five grand in the past day or so and over $2,000 in the last hours to skyrocket to a new nine-day peak of over $69,000. The altcoins have also turned green, with notable price increases from the likes of SOL, AVAX, and TON. Bitcoin had an unfavorable week in the past seven days,...
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