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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...
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.
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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US stock futures steady with focus on Mideast tensions, Fed meeting
US stock futures steady with focus on Mideast tensions, Fed meeting
Jun 16, 2025
(Reuters) -U.S. stock index futures edged higher on Monday as easing oil prices helped calm sentiment despite ongoing attacks between Iran and Israel and increased focus on the upcoming Federal Reserve meeting. Wall Street indexes shed more than 1% on Friday as oil prices surged 7% after Israel and Iran traded air strikes, feeding investor worries that the combat could...
US Equity Investors to Watch Out for Geopolitical Risk, Fed's Interest-Rate Forecasts This Week
US Equity Investors to Watch Out for Geopolitical Risk, Fed's Interest-Rate Forecasts This Week
Jun 16, 2025
05:45 AM EDT, 06/16/2025 (MT Newswires) -- US equity investors will focus on escalating deadly conflict between Israel and Iran while keeping an eye on the path ahead for interest rates in the Federal Reserve's June policy meeting during this holiday-shortened week. * The Israel-Iran conflict entered 4th day, with both sides firing waves of missiles overnight, CNN reported. Iran's...
US stock futures steady with focus on Mideast tensions, Fed meeting
US stock futures steady with focus on Mideast tensions, Fed meeting
Jun 16, 2025
(Reuters) -U.S. stock index futures edged higher on Monday as easing oil prices helped calm sentiment despite ongoing attacks between Iran and Israel and increased focus on the upcoming Federal Reserve meeting. Wall Street indexes shed more than 1% on Friday as oil prices surged 7% after Israel and Iran traded air strikes, feeding investor worries that the combat could...
Investors shun long-term US bonds as hopes for aggressive Fed rate cuts fade
Investors shun long-term US bonds as hopes for aggressive Fed rate cuts fade
Jun 16, 2025
NEW YORK (Reuters) -Bond investors, anticipating the Federal Reserve will hold interest rates steady again this week, are moving away from longer-dated Treasuries as they temper expectations for an aggressive easing given the lower chance of a U.S. recession.  Their flight away from the long end of the curve also reflects worries about President Donald Trump's tax and spending bill,...
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Scaramucci Slams Claims of Harris’s Anti
Scaramucci Slams Claims of Harris’s Anti
Jul 25, 2024
Amidst significant backlash for opting not to speak at the Bitcoin Conference, Vice President Kamala Harris has found an ally in SkyBridge founder Anthony Scaramucci. Voicing his support for the presumptive Democratic presidential nominee, Scaramucci criticized the ongoing narrative suggesting Harriss administrations hostility towards crypto. He contrasted this with former President and Republican nominee Donald Trumps history of calling Bitcoin...
Marathon Digital Increases Bitcoin Stash With $100M Purchase
Marathon Digital Increases Bitcoin Stash With $100M Purchase
Jul 25, 2024
Marathon Digital, the world’s largest Bitcoin mining company, has announced its latest purchase of $100 million worth of BTC, increasing its stash to more than 20,000 BTC. According to a press release, Marathon is changing its approach to its Bitcoin treasury policy and adopting a full HDOL strategy. This means that the miner will hold all BTC produced during its...
Coinbase’s UK Unit Slapped With $4.5M Fine for Violating High
Coinbase’s UK Unit Slapped With $4.5M Fine for Violating High
Jul 25, 2024
Coinbases UK unit CB Payments Limited (CBPL) was fined $4.5 million by the UK financial regulatory agency, the Financial Conduct Authority (FCA), for repeatedly violating a requirement that barred the firm from providing services to high-risk customers. While CBPL itself does not handle crypto transactions for customers, it serves as a gateway for trading through other entities within the Coinbase...
Celebrity Meme Coins Plunge 94% From Peak Values on Average: Data
Celebrity Meme Coins Plunge 94% From Peak Values on Average: Data
Jul 25, 2024
The Solana blockchain saw the launch of 30 meme tokens by celebrities last month, including those from notable figures like Andrew Tate and Soulja Boy, according to Jupiter Slorgs recent statistics. On average, they have fallen by 94% from their peak values, with the top-performing tokens still suffering losses of over 70%, while half saw their values diminish by more...
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