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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....
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.
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...
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...
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Sector Update: Tech
Sector Update: Tech
May 29, 2026
08:53 AM EDT, 05/29/2026 (MT Newswires) -- Technology stocks were rising pre-bell Friday, with the State Street Technology Select Sector SPDR Fund (XLK) advancing by 1.2% and the State Street SPDR S&P Semiconductor ETF (XSD) 1% higher. Dell Technologies ( DELL ) shares were up more than 33% after the company reported fiscal Q1 financial results that topped analyst estimates...
Sector Update: Healthcare Stocks Mixed Pre-Bell Friday
Sector Update: Healthcare Stocks Mixed Pre-Bell Friday
May 29, 2026
09:12 AM EDT, 05/29/2026 (MT Newswires) -- Healthcare stocks were mixed pre-bell Friday, with the State Street Health Care Select Sector SPDR ETF ( XLV ) down 0.1% and the iShares Biotechnology ETF (IBB) 0.3% higher. Tempus AI ( TEM ) shares were up more than 6% after the company said it has received approval from the US Food and...
Sector Update: Consumer Stocks Decline Premarket Friday
Sector Update: Consumer Stocks Decline Premarket Friday
May 29, 2026
09:10 AM EDT, 05/29/2026 (MT Newswires) -- Consumer stocks were declining premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.3% lower. Buckle (BKE) stock was up 0.9% after the company reported higher fiscal Q1 earnings and net sales. Costco Wholesale's ( COST ) net new...
Gold Trading Higher Again on Expectations the U.S. and Iran are Near a Peace Deal
Gold Trading Higher Again on Expectations the U.S. and Iran are Near a Peace Deal
May 29, 2026
08:57 AM EDT, 05/29/2026 (MT Newswires) -- Gold traded higher for a second day early on Friday as the dollar and yields steadied on expectations the U.S. war on Iran is nearing an end, pushing oil price lower and easing the inflation worries that have pushed up the dollar. Gold for July delivery was last seen up US$18.30 to US$4,550.70...
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Sony explores sale of cellular chipsets business, sources say
Sony explores sale of cellular chipsets business, sources say
Jul 23, 2025
* Sony ( SONY ) taps bankers for sale of cellular chipsets business * Interest expected from financial sponsors, semiconductor players * Sony ( SONY ) increasing focus on entertainment business By Milana Vinn NEW YORK, July 23 (Reuters) - Sony Group ( SONY ) is exploring a sale of its unit that provides cellular chipsets for connected devices, as...
Hilton Worldwide Touts Strong Growth Pipeline But Outlook Falls Short
Hilton Worldwide Touts Strong Growth Pipeline But Outlook Falls Short
Jul 23, 2025
Hilton Worldwide Holdings Inc. ( HLT ) shares are trading lower on Wednesday after the company’s third-quarter outlook fell short of the consensus despite beating second-quarter earnings and revenue estimates. The company reported second-quarter adjusted earnings per share of $2.20, beating the analyst consensus estimate of $2.01. Quarterly sales of $3.137 billion outpaced the Street view of $3.096 billion. Hilton...
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,...
EU, U.S. heading towards 15% tariff deal, EU diplomats say
EU, U.S. heading towards 15% tariff deal, EU diplomats say
Jul 23, 2025
BRUSSELS (Reuters) -The European Union and the United States are heading towards a trade deal that would result in a broad tariff of 15% applying to EU goods imported into the United States, two diplomats said on Wednesday. The rate, which could also extend to cars, would mirror the framework agreement the United States has struck with Japan. (Reporting by...
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Spot Bitcoin ETFs Record $39.4M Inflows as Ether ETFs Decline
Spot Bitcoin ETFs Record $39.4M Inflows as Ether ETFs Decline
Aug 22, 2024
According to data from Soso value, Grayscale’s Bitcoin Mini Trust contributed the bulk of the total amount with $14.2 million in net inflows. It is closely followed by Fidelitys FBTC and Bitwise’s BITB, with $10.7 million and $10 million in inflows, respectively. BlackRock’s IBIT, which is the largest spot Bitcoin ETF by net assets, recorded $8.4 million in inflows, while...
3 Things to Watch in Bitcoin During the Weekend
3 Things to Watch in Bitcoin During the Weekend
Aug 23, 2024
Bitcoins price has been on a rollercoaster throughout the past few days but it appears that, at least for now, the bulls have the upper hand. They were successful in reclaiming the important technical and psychological level of $60K and are currently attempting to push BTC above $61,000. Source: TradingView However, we are headed for the weekend, when the price...
Bitcoin Will Surge If Trump Wins The Election: Tom Lee
Bitcoin Will Surge If Trump Wins The Election: Tom Lee
Aug 22, 2024
Fundstrat Head of Research Tom Lee believes hopes of a Trump election victory in November could boost asset prices – and that includes Bitcoin. “When the market becomes more convinced of that, you’ll see cyclicals, small caps, and bitcoin do better,” he told CNBC on Thursday, “because those are clear policy differences.” The Bitcoin Trump Trade According to Lee, the...
CEO Richard Teng Reveals Binance’s Hiring Push: 700
CEO Richard Teng Reveals Binance’s Hiring Push: 700
Aug 22, 2024
Binance plans to hire 1,000 new employees this year, with a substantial focus on compliance roles. A large portion of these hires is specifically aimed at expanding the companys compliance team from its current 500 members to 700 by the end of 2024. CEO Richard Teng, who is currently in the US for discussions with monitors and officials, shared these...
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