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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...
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.
Adobe’s CFO is helping steer the company’s path into generative AI
Adobe’s CFO is helping steer the company’s path into generative AI
Jan 15, 2024
  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...
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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Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Update: Market Chatter: IAG Set to Order Around 30 Boeing 787 Jets
Update: Market Chatter: IAG Set to Order Around 30 Boeing 787 Jets
May 26, 2025
02:21 PM EDT, 05/08/2025 (MT Newswires) -- (Updates with Boeing's ( BA ) response to a comment request from MT Newswires.) IAG, the parent company of British Airways, is poised to order around 30 Boeing ( BA ) 787 Dreamliner airplanes, Bloomberg reported Thursday, citing people familiar with the matter. Boeing ( BA ) declined to comment to MT Newswires....
Update: Canadian Natural Resources Shares Rise After Improved Q1 Results Beat Expectations
Update: Canadian Natural Resources Shares Rise After Improved Q1 Results Beat Expectations
May 26, 2025
02:26 PM EDT, 05/08/2025 (MT Newswires) -- (Updates with recent share movement in the headline and first paragraph.) Canadian Natural Resources ( CNQ ) shares were up 4.6% in recent Thursday trading after the company reported higher Q1 results that beat analyst expectations. The company reported Q1 adjusted earnings Thursday of 1.16 Canadian dollars ($0.84) per diluted share, up from...
Krispy Kreme Stock Falls After Uncertainty Warning, Dividend Halt
Krispy Kreme Stock Falls After Uncertainty Warning, Dividend Halt
May 26, 2025
Krispy Kreme, Inc. ( DNUT ) shares are trading lower on Thursday after the company reported adjusted earnings per share of a five-cent loss in the first quarter, which is in line with analyst estimates. Quarterly sales of $375.18 million (down 15.3% year over year) missed the Street view of $384.376 million. Organic revenue declined 1% to $374.7 million amid...
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Spot Ethereum ETFs Boost Trading Volumes to $14.8 Billion, Highest Since May
Spot Ethereum ETFs Boost Trading Volumes to $14.8 Billion, Highest Since May
Jul 29, 2024
The debut of spot Ethereum ETFs in the United States resulted in some of the highest inflows since December 2020 over the last week. According to CoinShares, the newly launched funds attracted $2.2 billion last week. Since then, the trading volume of Ethereum ETPs has also surged by 542%. However, the inflows have been hampered by Grayscales existing $1.5 billion...
Bitcoin Plummets Under $67,000 As U.S. Government Moves $2 Billion In Bitcoin
Bitcoin Plummets Under $67,000 As U.S. Government Moves $2 Billion In Bitcoin
Jul 29, 2024
On-chain analysts just caught the U.S. government moving around $2 billion worth of its massive BTC holdings, sparking market panic that it might be preparing for another sale. Meanwhile, Bitcoin’s price has steadily declined throughout the day, tapping $70,000 at 13:15pm UTC before crashing to $66,900 by 17:26 UTC. At 16:18 UTC, data from Arkham Intelligence showed that the government’s...
Cantor Fitzgerald Announces $2 Billion Bitcoin Financing Initiative
Cantor Fitzgerald Announces $2 Billion Bitcoin Financing Initiative
Jul 29, 2024
Cantor Fitzgerald announced that it will open a Bitcoin financing business. The business will provide leverage to investors who hold Bitcoin and will launch with $2 billion in initial financing. Bitcoin Financing Business At the Bitcoin Conference 2024, Cantor Fitzgerald CEO and Chairman Howard Lutnick said on stage, We will build the best platform for financing Bitcoin, we will work...
Bitcoin Bounces Back Near ATH: The Forces Behind the Surge
Bitcoin Bounces Back Near ATH: The Forces Behind the Surge
Jul 29, 2024
Bitcoin neared its all-time high earlier today before it was rejected there. There are several factors at play that have supported the price surge of the flagship crypto asset. For one, bitcoin surpassed the average realized price for short-term investors after soaring well past $63,500, indicating renewed market strength. According to the latest findings by the on-chain analytic platform CryptoQuant,...
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