financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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....
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.
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.
World >
Market >
Sector Update: Consumer Stocks Decline Thursday Afternoon
Sector Update: Consumer Stocks Decline Thursday Afternoon
Mar 20, 2025
01:56 PM EDT, 03/20/2025 (MT Newswires) -- Consumer stocks fell Thursday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.1%. In corporate news, Academy Sports and Outdoors' (ASO) fiscal Q4 results fell year over year, while the sporting goods retailer guided for 2025 earnings below market...
Top Midday Gainers
Top Midday Gainers
Mar 20, 2025
01:45 PM EDT, 03/20/2025 (MT Newswires) -- OptiNose ( OPTN ) shares surged 52% amid heavy trading after the company said overnight it agreed to be acquired by Paratek Pharmaceuticals in a deal valued at up to $330 million. Intraday trading volume soared to more than 1.6 million shares from a daily average of about 36,000. ProAssurance ( PRA )...
Sector Update: Tech
Sector Update: Tech
Mar 20, 2025
01:38 PM EDT, 03/20/2025 (MT Newswires) -- Tech stocks dropped Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.8% and the SPDR S&P Semiconductor ETF (XSD) falling 1.4%. The Philadelphia Semiconductor index shed 0.9%. In corporate news, Apple's ( AAPL ) streaming service Apple TV+ is losing over $1 billion a year despite subscriptions having grown to...
Sector Update: Health Care
Sector Update: Health Care
Mar 20, 2025
01:40 PM EDT, 03/20/2025 (MT Newswires) -- Health care stocks were mixed Thursday afternoon, with the NYSE Health Care Index rising 0.3% and the Health Care Select Sector SPDR Fund (XLV) fractionally lower. The iShares Biotechnology ETF (IBB) fell 1.1%. In corporate news, Aspire Biopharma ( ASBP ) shares rose past 3% after it said Thursday its contract manufacturer Glatt...
Environment >
Technology >
Personal Finance >
Politics >
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.
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.
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. 
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.
Retail >
Business >
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Ecopetrol's Reficar wins court judgment in long-running dispute with McDermott
Mar 21, 2024
BOGOTA, March 21 (Reuters) - Colombia's Ecopetrol said on Thursday its Reficar oil refinery was awarded 19.9% of the common capital in U.S. infrastructure firm McDermott in preferential shares by a judge in Amsterdam. The Reficar refinery is located in the Colombian city of Cartagena, and has been the subject of a prolonged international dispute dating back to the facility's...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
UN adopts first global artificial intelligence resolution
UN adopts first global artificial intelligence resolution
Mar 21, 2024
(Reuters) -The United Nations General Assembly on Thursday unanimously adopted the first global resolution on artificial intelligence that encourages countries to safeguard human rights, protect personal data, and monitor AI for risks. The nonbinding resolution, proposed by the United States and co-sponsored by China and over 120 other nations, also advocates the strengthening of privacy policies. Today, all 193 members...
Economy >
Cryptocurrency >
PENGU Primed for Liftoff? Bullish Retest Signals 180% Move Ahead
PENGU Primed for Liftoff? Bullish Retest Signals 180% Move Ahead
Sep 16, 2025
TL;DR PENGU forms bullish retest at $0.035, setting the stage for a potential rally toward $0.09. Cluster of EMAs and Fib level near $0.03178 offers short-term support for PENGU. Volume profile shows strong buyer interest at $0.032–$0.033, supporting the current consolidation range. Price Pullback Tests Key Support PENGU was trading at $0.033 at the time of writing, showing a 24-hour...
Bitcoin Market Stabilizes and Conditions Align for Potential Recovery: Bitfinex Alpha
Bitcoin Market Stabilizes and Conditions Align for Potential Recovery: Bitfinex Alpha
Sep 16, 2025
The end of September is roughly two weeks away, but the Bitcoin market is already showing signs of stabilizing. Bitcoin (BTC) has rebounded from its recent lows and reclaimed levels that now serve as a base of support. Analysts at the crypto exchange Bitfinex disclosed in this week’s Alpha report that market conditions are aligning for a renewed push once...
Why The New Altseason Will Be Selective, Institutional, and Disciplined
Why The New Altseason Will Be Selective, Institutional, and Disciplined
Sep 16, 2025
This cycles altcoin rally looks significantly different from the frenzied melt-ups of 2020-21. This, according to Wintermute, means that if an altseason is indeed underway, it is shaping up to be a more selective and disciplined one. Mapping Out the New Altcoin Era In its latest report, Wintermute found several macroeconomic factors and industry-specific aspects that set the stage, such...
Immutable (IMX) Re
Immutable (IMX) Re
Sep 16, 2025
TL;DR IMX pumped by double digits, possibly fueled by hype around Immutables participation at TOKEN2049 in Singapore. Analysts see room for a rally above $1 if support holds, but with RSI exceeding 70, the token may first face a short-term pullback. Joining Cryptos Elite The past 24 hours have not been very dramatic for the crypto market, with most leading...
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved