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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....
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.
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...
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Sector Update: Financial
Sector Update: Financial
Mar 15, 2024
09:03 AM EDT, 03/15/2024 (MT Newswires) -- Financial stocks were gaining pre-bell Friday with the Financial Select Sector SPDR Fund (XLF) up 0.2% recently. The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.4% lower. Trinity Capital ( TRIN ) was up more than 1% after...
Gold Trading Lower Early as Hopes for Interest Rate Cuts Wane, Pushing the Dollar Higher
Gold Trading Lower Early as Hopes for Interest Rate Cuts Wane, Pushing the Dollar Higher
Mar 15, 2024
09:14 AM EDT, 03/15/2024 (MT Newswires) -- Gold traded lower for a second day on Friday as the dollar continues to push higher after a day prior report added to pessimism interest-rate cuts are on the way. Gold for April delivery was last seen down US$5.50 to US$2,162.00 per ounce. The price of the metal fell off a record high...
Sector Update: Energy
Sector Update: Energy
Mar 15, 2024
09:10 AM EDT, 03/15/2024 (MT Newswires) -- Energy stocks were edging higher premarket Friday, with the Energy Select Sector SPDR Fund (XLE) up 0.3%. The United States Oil Fund (USO) was 0.2% higher and the United States Natural Gas Fund (UNG) was down 0.8%. Front-month US West Texas Intermediate crude oil was down 0.5% at $80.85 per barrel at the...
Sector Update: Health Care
Sector Update: Health Care
Mar 15, 2024
09:01 AM EDT, 03/15/2024 (MT Newswires) -- Health care stocks were steady premarket Friday, with the Health Care Select Sector SPDR Fund (XLV) inactive and the iShares Biotechnology ETF (IBB) up 0.1%. Geron ( GERN ) was rallying past 77% after saying the US Food and Drug Administration's Oncologic Drugs Advisory Committee voted in favor of the benefit-to-risk profile of...
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Colonial Pipeline expects Line 1 to restart earlier-than-expected on Friday
Colonial Pipeline expects Line 1 to restart earlier-than-expected on Friday
Jan 16, 2025
(Reuters) - Colonial Pipeline has made progress in identifying the source of a leak on its main gasoline artery and estimates Line 1 will restart earlier-than-expected on Friday, the company said on Thursday. ...
Starbucks lead independent director Mellody Hobson to step down
Starbucks lead independent director Mellody Hobson to step down
Jan 16, 2025
Jan 16 (Reuters) - Coffee giant Starbucks ( SBUX ) said on Thursday that Mellody Hobson, the lead independent director of its board, will depart after a tenure of nearly two decades with the company. Hobson previously served as the chairwoman of Starbucks ( SBUX ) from March 2021 to September 2024, making her the only African American woman to...
US appeals court reinstates pause on generic version of Novartis' Entresto
US appeals court reinstates pause on generic version of Novartis' Entresto
Jan 16, 2025
WASHINGTON, Jan 16 - Novartis won an order from a U.S. appeals court in Washington on Thursday temporarily blocking drugmaker MSN Pharmaceuticals from launching a generic version of Novartis' blockbuster heart-failure drug Entresto. The U.S. Court of Appeals for the Federal Circuit ordered MSN not to launch its drug while it considers Novartis' request for a longer ban on the...
Colonial Pipeline expects Line 1 to restart earlier-than-expected on Friday
Colonial Pipeline expects Line 1 to restart earlier-than-expected on Friday
Jan 16, 2025
Jan 16 (Reuters) - Colonial Pipeline has made progress in identifying the source of a leak on its main gasoline artery and estimates Line 1 will restart earlier-than-expected on Friday, the company said on Thursday. ...
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