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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.
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...
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....
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US Equity Indexes Decline in Midday Trading
US Equity Indexes Decline in Midday Trading
Jan 24, 2025
12:24 PM EST, 01/24/2025 (MT Newswires) -- US equity indexes slipped with government bond yields in midday trading Friday after a consumer sentiment gauge was revised downwards. The Nasdaq Composite fell 0.1% to 20,040.1, with the S&P 500 down slightly to 6,118.5 and the Dow Jones Industrial Average dropping 0.1% to 44,529.7. Energy and technology led the decliners while real...
US STOCKS-Wall St muted as investors assess economic data; Boeing slips
US STOCKS-Wall St muted as investors assess economic data; Boeing slips
Jan 24, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Boeing ( BA ) dips on warning of wider-than-expected Q4 loss * Verizon rises on upbeat Q4 subscriber additions * American Express ( AXP ) falls after Q4 results * US business activity at nine-month low in January *...
Dow Falls 100 Points; US Manufacturing PMI Rises In January
Dow Falls 100 Points; US Manufacturing PMI Rises In January
Jan 24, 2025
U.S. stocks traded lower midway through trading, with the Dow Jones index falling over 100 points on Friday. The Dow traded down 0.24% to 44,458.34 while the NASDAQ fell 0.08% to 20,036.71. The S&P 500 also fell, dropping, 0.06% to 6,115.26. Check This Out: Top 3 Materials Stocks That May Fall Off A Cliff In January Leading and Lagging Sectors...
Top Midday Stories: Novo Nordisk's Obesity Drug Amycretin Shows Positive Results in Clinical Trial; Texas Instruments Q4 Earnings, Revenue Decline
Top Midday Stories: Novo Nordisk's Obesity Drug Amycretin Shows Positive Results in Clinical Trial; Texas Instruments Q4 Earnings, Revenue Decline
Jan 24, 2025
11:57 AM EST, 01/24/2025 (MT Newswires) -- Wall Street's major market averages were little changed around midday Friday as traders look ahead to the start of the Big Tech earnings season next week, including reports from Apple ( AAPL ) , Microsoft ( MSFT ) and Meta Platforms ( META ) . The pace of US existing home sales rose...
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AutoZone Fiscal Q4 Adjusted Earnings, Sales Rise; Shares Down Pre-Bell
AutoZone Fiscal Q4 Adjusted Earnings, Sales Rise; Shares Down Pre-Bell
Sep 23, 2025
07:07 AM EDT, 09/23/2025 (MT Newswires) -- AutoZone ( AZO ) reported fiscal Q4 adjusted earnings Tuesday of $48.71 per diluted share, up from $48.11 a year earlier. Analysts surveyed by FactSet expected $50.57. Adjusted net sales for the quarter ended Aug. 30 were $6.24 billion, up from $5.84 billion a year earlier. Analysts polled by FactSet expected $6.25 billion....
Hamilton Zanze Sponsors the Acquisition of Legends 267
Hamilton Zanze Sponsors the Acquisition of Legends 267
Sep 23, 2025
One-Year-Old Apartment Community in Metro Kansas City Features 267 Homes SAN FRANCISCO, Sept. 23, 2025 /PRNewswire/ -- Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, today announced it has sponsored the purchase of Legends 267, a six-story apartment community in Kansas City, Kan. The acquisition closed on Sept. 17.  Mission Rock Residential, an affiliate of Hamilton Zanze,...
US FDA declines to approve Scholar Rock's muscle weakness drug
US FDA declines to approve Scholar Rock's muscle weakness drug
Sep 23, 2025
Sept 23 (Reuters) - The U.S. Food and Drug Administration has declined to approve Scholar Rock's ( SRRK ) drug for a rare neuromuscular disease, citing issues at a third party manufacturing facility, the company said on Tuesday. ...
Goliath Completes 2025 Drill Program at Surebet Gold Discovery
Goliath Completes 2025 Drill Program at Surebet Gold Discovery
Sep 23, 2025
07:03 AM EDT, 09/23/2025 (MT Newswires) -- Goliath Resources ( GOTRF ) Tuesday said it has concluded its 2025 drill program at the Surebet Discovery on the Golddigger property in British Columbia with over 64,000 meters drilled in 110 holes, exceeding its planned meterage of 60,000 meters. The program has confirmed the continuity of the high-grade, gold-rich system, and 100%...
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Ethereum Foundation’s Mailing List Leaked: Vulnerability in SendPulse Flagged
Ethereum Foundation’s Mailing List Leaked: Vulnerability in SendPulse Flagged
Jun 25, 2024
Ethereum core developer Tim Beiko reported that the Ethereum Foundations mailing list was leaked due to a vulnerability in SendPulse, the email automation service used by the foundation. An attacker exploited this to send phishing emails from [email protected] to subscribers. The foundation has since restricted access to the mailing list, according to the latest update by Bieko, who further urged...
The Two Reasons Bitcoin’s Price Is Taking A Beating: Bitwise
The Two Reasons Bitcoin’s Price Is Taking A Beating: Bitwise
Jun 25, 2024
Bitcoin’s price took a steep tumble early this week, driving over $300 million in crypto market liquidations in a single day. Why the sudden volatility? Gayatri Choudhury, Quantitative Research Analyst at Bitwise, says there have been two key drivers of the selloff – and neither relates to the Bitcoin ETFs. Miners Are Dumping The analyst first noted on Tuesday that...
U.S. Congressman Pitches Bill To Allow Federal Tax Payment In Bitcoin
U.S. Congressman Pitches Bill To Allow Federal Tax Payment In Bitcoin
Jun 25, 2024
A popular Republican congressman introduced legislation that would require the United States Treasury to accept tax payments in bitcoin. Pay Taxes With Bitcoin The bill, authored by Rep. Matt Gaetz (R-Florida), would order the Treasury Secretary to “develop and implement a method to allow for the payment with bitcoin of any tax imposed on an individual.” The legislation marks the...
WikiLeaks Founder Julian Assange Released From UK Jail After US Plea Deal
WikiLeaks Founder Julian Assange Released From UK Jail After US Plea Deal
Jun 25, 2024
Julian Assange, the founder of the non-profit media organization and publisher of leaked documents WikiLeaks, has been released from a United Kingdom prison after five years of staying behind bars. According to a tweet from the official WikiLeaks account, a high court in London granted Assange bail. The authorities released him at the Stansted airport on Monday afternoon, where he...
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