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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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JGB yields tick lower, tracking US peers ahead of BOJ meeting
JGB yields tick lower, tracking US peers ahead of BOJ meeting
May 25, 2025
TOKYO, April 28 (Reuters) - Japanese government bond yields edged lower on Monday, under pressure from a decline in U.S. Treasury yields, with traders seeing little chance for any near-term policy tightening by the Bank of Japan. The 10-year JGB yield fell 1.5 basis points (bps) to 1.315% as of 0427 GMT, tracking a drop of about 3 bps for...
Big tech earnings, US jobs data highlight busy week for markets
Big tech earnings, US jobs data highlight busy week for markets
May 25, 2025
NEW YORK (Reuters) -A packed upcoming week for markets will test a U.S. stocks rebound, with investors focused on a wave of corporate results led by Apple and Microsoft, while the prospect of global trade developments threatens to cause volatility at any time. The monthly U.S. employment report, data on first-quarter U.S. economic growth and an inflation update add to...
Domino's Pizza, NXP Semiconductors And 3 Stocks To Watch Heading Into Monday
Domino's Pizza, NXP Semiconductors And 3 Stocks To Watch Heading Into Monday
May 25, 2025
With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Domino’s Pizza, Inc. to report quarterly earnings at $4.05 per share on revenue of $1.13 billion before the opening bell, according to data from Benzinga Pro. Domino’s shares gained 0.5% to $490.00 in after-hours...
Japan's Nikkei rallies toward four-day win; Toyota leads auto surge
Japan's Nikkei rallies toward four-day win; Toyota leads auto surge
May 25, 2025
TOKYO, April 28 (Reuters) - Japan's Nikkei rose on Monday, putting it on course for a four-day winning streak, with auto-sector stocks among the top performers after Toyota Motor ( TM ) revealed that it may invest in key parts supplier Toyota Industries ( TYIDF ). Sentiment was also buoyed broadly by some signs of a thaw in the Sino-U.S....
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American Airlines faces strike threat as union negotiations stall
American Airlines faces strike threat as union negotiations stall
Jun 1, 2024
June 1 (Reuters) - A union representing flight attendants for American Airlines Group Inc ( AAL ) on Friday asked workers to prepare for strike action after contract negotiations with the carrier failed to produce an agreement. We remain apart on the key economics of the deal plus the company's completely unacceptable demand for scheduling concessions, the Association of Professional...
Soccer-Turkish club Fenerbahce begin negotiations with coach Mourinho
Soccer-Turkish club Fenerbahce begin negotiations with coach Mourinho
Jun 1, 2024
June 1 (Reuters) - Jose Mourinho has begun negotiations with Fenerbahce over the head coach role, the Turkish Super Lig club said on Saturday, as the Portuguese manager looks to return to coaching after being sacked by Italian side AS Roma earlier this year. Negotiations have started with Jose Mario Dos Santos Mourinho Felix for the position of coach, the...
Soccer-Everton takeover by US private equity firm falls through
Soccer-Everton takeover by US private equity firm falls through
Jun 1, 2024
(Reuters) - Everton's takeover agreement with prospective owner 777 Partners has expired, the Premier League club said on Saturday, after the U.S. private equity firm failed to complete the acquisition of Farhad Moshiri's majority stake by the Friday deadline. In September the Miami-based investment fund said it had signed an agreement with British-Iranian billionaire Moshiri to acquire his 94.1% stake...
Russia eases forex sales requirements for contracts in roubles
Russia eases forex sales requirements for contracts in roubles
Jun 1, 2024
MOSCOW (Reuters) - The Russian government has softened requirements for mandatory sales of foreign currency for exporters if more than half of the value of their contracts is paid in roubles, according to changes to a government decree. President Vladimir Putin signed the decree in October mandating the reintroduction of capital controls, affecting dozens of companies in the fuel, energy,...
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USDC Issuer Circle Raises $1.1B in Its IPO (Report)
USDC Issuer Circle Raises $1.1B in Its IPO (Report)
Jun 5, 2025
Circle, the issuer of the USDC stablecoin, has raised $1.1 billion in its initial public offering (IPO), which was priced above expectations. The development comes as the U.S. Congress is currently reviewing federal legislation on stablecoins. Circle’s Valuation Could Hit $6.2 B According to a Bloomberg report, Circle’s IPO is likely to price above its marketed range after attracting demand...
Bitcoin’s (BTC) Shrinking Supply Could Set Off the Next Price Surge
Bitcoin’s (BTC) Shrinking Supply Could Set Off the Next Price Surge
Jun 4, 2025
As Bitcoin hovers near its May high, new data suggest that there has been a tightening the leading crypto assets supply amid surging institutional demand. Sygnum Banks June 2025 Monthly Investment Outlook attributes the assets positive momentum to its growing appeal as a safe haven and broader institutional adoption, which are now driving a structural reduction in liquid supply. Bitcoin...
Bitcoin’s ‘Boring’ 2025 Hides the Most Important Shift in Crypto History: Analysts
Bitcoin’s ‘Boring’ 2025 Hides the Most Important Shift in Crypto History: Analysts
Jun 4, 2025
“Something strange is happening with this Bitcoin cycle,” said analysts at BTC financial services firm Swan on X on June 5. We should be in the final year of the four-year trend, but corporations are buying more than ever, they said, adding that the asset price is “boring people.” While Bitcoin typically experiences explosive growth in its “third green year,”...
Is Official Trump Team Selling Again as TRUMP Token Dumps 13% Weekly?
Is Official Trump Team Selling Again as TRUMP Token Dumps 13% Weekly?
Jun 5, 2025
TL;DR Reports have emerged once again that the team behind the meme coin linked to the US President has started to deposit large portions of the asset to exchanges, most likely with the intention to sell. A few weeks after the special TRUMP token holders dinner, the meme coin has slumped in value, almost erasing all of its hype-driven gains....
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