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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...
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....
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...
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.
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Who is Tom Barrack, arrested for illegal lobbying for the UAE during Trump’s tenure?
Who is Tom Barrack, arrested for illegal lobbying for the UAE during Trump’s tenure?
Jul 21, 2021
Thomas Joseph Barrack, the 74-year-old founder of the private equity firm Colony Capital, was arrested on federal charges in Los Angeles on July 20.
Pegasus snooping looks like an insider’s job, says Sr. advocate Colin Gonsalves
Pegasus snooping looks like an insider’s job, says Sr. advocate Colin Gonsalves
Jul 20, 2021
The Pegasus snooping scandal continues to rock Parliament. The Lok Sabha has been adjourned until July 22 after members of opposition parties raised placards and shouted slogans alleging snooping by the government. The opposition is demanding a joint parliamentary committee probe into the charges of snooping on journalists, politicians, ministers, judges and others using the Israeli Pegasus spyware. To take this discussion forward, CNBC-TV18’s Parikshit Luthra spoke to Daniel Bastard, Director - Asia-Pacific of Reporters Without Borders; Colin Gonsalves, Senior Advocate, SC, Founder of HRLN; Praveen Swami, Group Consulting Editor of Network18, and Nikhil Pahwa, founder, MediaNama.
US launched several airstrikes in support of Afghan forces
US launched several airstrikes in support of Afghan forces
Jul 22, 2021
The strikes demonstrate US intentions to continue supporting Afghan forces with combat aircraft based outside the country, at least until the scheduled conclusion of the U.S. military withdrawal on Aug 31.
Why is Tunisia on edge, explained
Why is Tunisia on edge, explained
Jul 27, 2021
In the face of nationwide protests over Tunisia's economic troubles and the government’s handling of the coronavirus crisis, President Kais Saied decided late Sunday to dismiss the officials, including the justice and defense ministers.
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Waters Corp cuts annual profit forecast on weak demand for lab equipment
Waters Corp cuts annual profit forecast on weak demand for lab equipment
Jul 31, 2024
July 31 (Reuters) - Waters Corp ( WAT ) lowered its annual profit forecast as it anticipates reduced demand for its products and services used in drug development and research. Milford, Massachusetts-based Waters supplies lab equipment and technology for scientists across the world, with the majority of its revenue coming in from biopharma clients who use its tools for research...
Hess' Q2 Adjusted EPS, Revenue Rises; Shares Up Premarket
Hess' Q2 Adjusted EPS, Revenue Rises; Shares Up Premarket
Jul 31, 2024
08:10 AM EDT, 07/31/2024 (MT Newswires) -- Hess (HES) reported adjusted Q2 earnings Wednesday of $2.62 per diluted share, compared with $0.65 a year earlier. Analysts surveyed by Capital IQ expected $2.55. Revenue for the quarter ended June 30 was $3.26 billion, compared with $2.32 billion a year earlier. Four analysts surveyed by Capital IQ expected $3.29 billion. Shares of...
Champion Iron's Fiscal Q1 Earnings Surge on Record Sales
Champion Iron's Fiscal Q1 Earnings Surge on Record Sales
Jul 31, 2024
08:12 AM EDT, 07/31/2024 (MT Newswires) -- Champion Iron ( CIAFF ) said overnight Tuesday that its net income for the fiscal first quarter surged 388% after booking record sales. The company posted net income of $81.4 million, or $0.16 per share, in the three-month period ended June 30, jumping from $16.7 million, or $0.03 per share. Revenue climbed 57%...
Mastercard Q2 Adjusted Earnings, Net Revenue Gain
Mastercard Q2 Adjusted Earnings, Net Revenue Gain
Jul 31, 2024
08:14 AM EDT, 07/31/2024 (MT Newswires) -- Mastercard ( MA ) reported Q2 adjusted earnings Wednesday of $3.59 per diluted share, up from $2.89 a year earlier. Analysts polled by Capital IQ expected $3.51. Net revenue for the quarter ended June 30 was $6.96 billion, up from $6.27 billion a year earlier. Analysts surveyed by Capital IQ expected $6.85 billion....
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