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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....
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.
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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Traders Digest Nvidia Earnings as US Equity Futures Waver Pre-Bell
Traders Digest Nvidia Earnings as US Equity Futures Waver Pre-Bell
Aug 28, 2025
08:13 AM EDT, 08/28/2025 (MT Newswires) -- US equity futures were little changed pre-bell Thursday as traders digested quarterly earnings from chipmaker Nvidia ( NVDA ) ahead of Q2 economic growth data. Dow Jones Industrial Average futures were up 0.1%, S&P 500 futures were flat, and Nasdaq futures were 0.1% lower. Nvidia ( NVDA ) reported late Wednesday higher Q2...
Sector Update: Financial
Sector Update: Financial
Aug 28, 2025
08:56 AM EDT, 08/28/2025 (MT Newswires) -- Financial stocks were advancing pre-bell Thursday, with The Financial Select Sector SPDR Fund (XLF) up 0.3%. The Direxion Daily Financial Bull 3X Shares (FAS) was 0.7% higher and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was down 0.7%. The Toronto-Dominion Bank ( MLWIQXX ) shares were up more than 3%...
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Thursday as Nvidia Retreats
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Thursday as Nvidia Retreats
Aug 28, 2025
08:27 AM EDT, 08/28/2025 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.02% higher in Thursday's premarket activity as Nvidia ( NVDA ) retreated amid China-related uncertainty even while some earnings surprises lent mild support. US stock futures were mixed,...
Sector Update: Health Care
Sector Update: Health Care
Aug 28, 2025
08:55 AM EDT, 08/28/2025 (MT Newswires) -- Health care stocks were edging higher premarket Thursday, with the Health Care Select Sector SPDR Fund (XLV) slightly advancing and the iShares Biotechnology ETF (IBB) up 0.7%. Celcuity ( CELC ) stock was more than 10% higher after the company said the US Food and Drug Administration has agreed to review its new...
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Chinese hack of US telecoms compromised more firms than previously known, WSJ says
Chinese hack of US telecoms compromised more firms than previously known, WSJ says
Jan 5, 2025
WASHINGTON, Jan 5 (Reuters) - A Chinese hack compromised even more U.S. telecoms than previously known, including Charter Communications ( CHTR ), Consolidated Communications and Windstream, the Wall Street Journal reported late on Saturday, citing people familiar with the matter. Hackers also exploited unpatched network devices from security vendor Fortinet and compromised large network routers from Cisco Systems ( CSCO...
Foxconn beats estimates with record fourth-quarter revenue on AI demand
Foxconn beats estimates with record fourth-quarter revenue on AI demand
Jan 5, 2025
* Q4 revenue surges 15.2% to $64.7 billion * Revenue for consumer electronics division was flat * Says Q1 should show strong growth yr/yr (Recasts, updates throughout) TAIPEI, Jan 5 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers....
KKR asks Fuji Soft to file injunction against Bain's 'breach of NDA'
KKR asks Fuji Soft to file injunction against Bain's 'breach of NDA'
Jan 5, 2025
TOKYO, Jan 6 (Reuters) - U.S. private equity fund KKR said on Monday it sent a letter to Fuji Soft asking it to make a court filing to stop what it said was Bain Capital's violation of a non-disclosure agreement amid Bain and KKR's acquisition battle for the software maker. In the letter, KKR asked Fuji Soft to file an...
KKR asks Fuji Soft to file injunction against Bain's 'breach of NDA'
KKR asks Fuji Soft to file injunction against Bain's 'breach of NDA'
Jan 5, 2025
TOKYO (Reuters) - U.S. private equity fund KKR said on Monday it sent a letter to Fuji Soft asking it to make a court filing to stop what it said was Bain Capital's violation of a non-disclosure agreement amid Bain and KKR's acquisition battle for the software maker. In the letter, KKR asked Fuji Soft to file an injunction to...
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Chevron says Mars crude quality changes associated with start-up of a new well
Chevron says Mars crude quality changes associated with start-up of a new well
Jul 11, 2025
HOUSTON, July 11 (Reuters) - Chevron ( CVX ) on Friday said changes to the composition of Mars offshore crude oil were associated with the start-up of a new offshore well. The oil major said it was working to resolve issues and it does not expect an impact to current production guidance. ...
Robinhood Crypto Under Investigation in Florida for Alleged False Advertising
Robinhood Crypto Under Investigation in Florida for Alleged False Advertising
Jul 11, 2025
01:37 PM EDT, 07/11/2025 (MT Newswires) -- Robinhood Markets' ( HOOD ) cryptocurrency unit is facing an investigation launched by Florida Attorney General James Uthmeier for alleged false promotion of its crypto platform as the least expensive way to buy crypto, the office of the attorney general said Thursday. Uthmeier also issued a subpoena to uncover internal documents, the AG's...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Hive Digital Shares Gain on Hashrate and Revenue Update
Hive Digital Shares Gain on Hashrate and Revenue Update
Jul 11, 2025
Hive Digital Technologies ( HIVE ) shares are trading higher after the company provided updates on its hashrate and run rate revenue. What To Know: Hive announced it has surpassed 12 exahash per second (EH/s) of global Bitcoin mining hashrate, doubling from 6 EH/s at the start of the year. The company also exceeded a $250 million annualized run rate...
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Bitcoin’s Price is Nowhere Near Overheating Despite Surge to $123K: CryptoQuant
Bitcoin’s Price is Nowhere Near Overheating Despite Surge to $123K: CryptoQuant
Jul 16, 2025
Bitcoin recently surged to unprecedented levels, breaking past $123,000 for the first time on July 14. The milestone follows earlier highs of $112,000 on July 9 and $118,000 on July 11, marking a series of sharp moves within days. However, unlike previous rallies, the current surge appears to be supported by healthier market conditions. On-chain data from CryptoQuant suggests the...
Bitcoin’s Pause Is Ethereum’s Green Light: Here’s What’s Next
Bitcoin’s Pause Is Ethereum’s Green Light: Here’s What’s Next
Jul 16, 2025
Bitcoins surge has paused as traders engaged in profit-taking. This triggered a pullback, which dragged the cryptocurrency near $116,000. It has since staged a recovery of nearly 2%, pushing Bitcoin above $119,000 at the time of writing. New data has emerged, signaling that BTC is not at a local top but in a transition phase, with timing, behavior, and structure...
Bullish Signal? DOGE Prints Hammer on Daily Close
Bullish Signal? DOGE Prints Hammer on Daily Close
Jul 16, 2025
TL;DR Dogecoin prints a bullish hammer as price rebounds from wedge support after 600 days of pattern formation. DOGE holds $0.19 level with volume surging, eyes $0.25 if current trend maintains strength. Futures open interest spikes to $2.85M, funding rate positive, signaling trader confidence in upside. Dogecoin Forms Hammer Pattern After Pullback A daily hammer candlestick has appeared on Dogecoin’s...
SharpLink Now Largest Corporate Holder of ETH, Surpassing Ethereum Foundation
SharpLink Now Largest Corporate Holder of ETH, Surpassing Ethereum Foundation
Jul 16, 2025
A Nasdaq-listed gaming company now holds more Ethereum (ETH) than the network’s own foundation. SharpLink Gaming (SBET) cemented its position as the world’s largest corporate ETH holder, amassing more than 280,000 ETH in one week, now worth nearly $900 million. Bold Bet on Ethereum According to an official company announcement, between July 7 and July 13, SharpLink went on a...
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