financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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.
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.
World >
Market >
US STOCKS-Wall St mixed with focus on more data, Fed commentary
US STOCKS-Wall St mixed with focus on more data, Fed commentary
Dec 3, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * Tesla slips after its China-made EV sales drop in Nov * Job openings rise to 7.744 mln in Oct, beating estimates * South Korean firms fall after president declares martial law * Indexes: Dow down 0.4%, S&P 500 off...
Sector Update: Energy
Sector Update: Energy
Dec 3, 2024
01:18 PM EST, 12/03/2024 (MT Newswires) -- Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 0.5% and the Energy Select Sector SPDR Fund (XLE) up 0.1%. The Philadelphia Oil Service Sector index was fractionally higher, and the Dow Jones US Utilities index was adding 0.1%. Front-month West Texas Intermediate crude oil was rising 2.7% to...
TREASURIES-Longer-dated Treasury yields rise on strong jobs openings
TREASURIES-Longer-dated Treasury yields rise on strong jobs openings
Dec 3, 2024
NEW YORK, Dec 3 (Reuters) - Longer-dated U.S. Treasury yields rose on Tuesday after labor market data showed faster than expected job creation, but demand kept high as investors seeking safe haven from geopolitical uncertainty in Asia bought Treasuries. U.S. job openings increased moderately in October while layoffs declined, suggesting the labor market continued to slow in an orderly fashion....
Exchange-Traded Funds Lower, US Equities Mixed After Midday Trading
Exchange-Traded Funds Lower, US Equities Mixed After Midday Trading
Dec 3, 2024
01:12 PM EST, 12/03/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV fell. Actively traded Invesco QQQ Trust (QQQ) was up 0.1% US equity indexes and government bond yields were mixed in midday trading on Tuesday. Energy iShares US Energy ETF (IYE) edged up 0.1%, while Energy Select Sector SPDR (XLE) rose 0.2%. Technology Technology Select...
Environment >
Technology >
Musk says Tesla's 'gigantic' chip fab project to launch in seven days
Musk says Tesla's 'gigantic' chip fab project to launch in seven days
Mar 14, 2026
March 14 (Reuters) - Tesla CEO Elon Musk said on Saturday that the Terafab project will launch in seven days. This comes after Musk said last year that Tesla probably will have to build a gigantic chip fab to make artificial intelligence chips. ...
US Commerce Department withdraws planned rule on AI chip exports
US Commerce Department withdraws planned rule on AI chip exports
Mar 13, 2026
March 13 (Reuters) - The U.S. Commerce Department withdrew a planned rule on artificial-intelligence chip exports on Friday, the latest backpedaling by the Trump administration in its efforts to promote secure American AI dominance. The department had sent a draft rule, to replace a January 2025 Biden-era regulation on global access to AI chips, to other agencies for feedback late...
Best AI Course Online (2026): Coursera Named Go-To Platform for Artificial Intelligence Training by Consumer365
Best AI Course Online (2026): Coursera Named Go-To Platform for Artificial Intelligence Training by Consumer365
Mar 14, 2026
NEW YORK, March 14, 2026 /PRNewswire/ -- Consumer365 has recognized Coursera as a go-to platform for artificial intelligence training in its Best AI Course Online (2026) coverage, highlighting the platform's extensive catalog of AI courses developed with universities and technology organizations. Best AI Course Online Coursera - an online learning platform known for offering structured programs in artificial intelligence, machine...
GDC Festival of Gaming 2026 Delivers Five Days of Transformative Connection and Insight for an Industry in Transition
GDC Festival of Gaming 2026 Delivers Five Days of Transformative Connection and Insight for an Industry in Transition
Mar 13, 2026
The Renewed GDC Marks the Beginning of a New Era; Will Return March 1-5, 2027 Attendees From More Than 85 Countries Came Together To Hear From 1,100 Speakers, Explore Offerings From 300+ Exhibitors, Join Nightly Celebrations and Participate in Myriad Opportunities To Network With the Full Breadth of the Games Industry Ecosystem SAN FRANCISCO--(BUSINESS WIRE)-- The GDC Festival of...
Personal Finance >
Politics >
Retail >
Business >
Full Truck Alliance Q4 Non-GAAP Earnings, Revenue Increase
Full Truck Alliance Q4 Non-GAAP Earnings, Revenue Increase
Mar 5, 2025
05:22 AM EST, 03/05/2025 (MT Newswires) -- Full Truck Alliance ( YMM ) reported Q4 non-GAAP earnings Wednesday of 0.99 Chinese renminbi ($0.14) per diluted American depositary share, up from 0.69 renminbi a year earlier. Two analysts surveyed by FactSet expected 1.01 renminbi. Net revenue for the quarter ended Dec. 31 was 3.17 billion renminbi, up from 2.41 billion renminbi...
Judge Rejects Musk's Bid to Halt OpenAI For-Profit Transition
Judge Rejects Musk's Bid to Halt OpenAI For-Profit Transition
Mar 5, 2025
05:32 AM EST, 03/05/2025 (MT Newswires) -- Tesla (TSLA) and SpaceX Chief Executive Elon Musk's bid to immediately halt Microsoft ( MSFT )-backed (MSFT) OpenAI's effort to convert into a for-profit company was rejected by a federal judge on Tuesday, news outlets reported. California Judge Yvonne Gonzalez Rogers said Musk failed to meet the burden required for a preliminary injunction...
Louis Vuitton to branch into beauty products, taps makeup star Pat McGrath
Louis Vuitton to branch into beauty products, taps makeup star Pat McGrath
Mar 5, 2025
By Mimosa Spencer PARIS (Reuters) - Louis Vuitton, the world's biggest fashion label, will begin selling beauty products this fall and has tapped British makeup artist Pat McGrath to lead creative direction for the new venture, expanding its offer as the industry seeks new avenues of growth to offset a current slump. The move by the LVMH-owned label, announced in...
LanzaTech Global Flags up to 15% Workforce Reduction
LanzaTech Global Flags up to 15% Workforce Reduction
Mar 5, 2025
05:10 AM EST, 03/05/2025 (MT Newswires) -- LanzaTech Global ( LNZA ) said late Tuesday it expects to reduce 10% to 15% of its global workforce in a bid to cut costs. The company expects the initiative to help it achieve roughly $30 million of annual cash operating expense reductions, it said. LanzaTech is assessing scale up opportunities for its...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2026 - www.financetom.com All Rights Reserved