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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....
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.
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...
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Sector Update: Financial
Sector Update: Financial
Apr 26, 2024
01:25 PM EDT, 04/26/2024 (MT Newswires) -- Financial stocks advanced in Friday afternoon trading with the NYSE Financial Index rising 0.3% and the Financial Select Sector SPDR Fund (XLF) up 0.1%. The Philadelphia Housing Index climbed 1.4%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.6%. Bitcoin (BTC-USD) fell 1.2% to $63,691, and the yield for 10-year US...
Sector Update: Health Care
Sector Update: Health Care
Apr 26, 2024
01:32 PM EDT, 04/26/2024 (MT Newswires) -- Health care stocks were higher Friday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 0.2%. The iShares Biotechnology ETF (IBB) rose 1%. In corporate news, ResMed ( RMD ) shares surged almost 19% after the company reported fiscal Q3 non-GAAP earnings of $2.13...
US Equity Indexes Rise, Treasury Yields Drop as Fed's Preferred Inflation Measure in Line With Expectations
US Equity Indexes Rise, Treasury Yields Drop as Fed's Preferred Inflation Measure in Line With Expectations
Apr 26, 2024
12:23 PM EDT, 04/26/2024 (MT Newswires) -- US equity indexes rose after the Federal Reserve's preferred measure of inflation in March met market expectations and as quarterly earnings from technology heavyweights lifted investor sentiment. The S&P 500 climbed 1.1% to 5,102.3, with the Dow Jones Industrial Average 0.5% higher at 38,269.5 and the Nasdaq Composite up 2% to 15,931.3 Communication...
Sector Update: Energy
Sector Update: Energy
Apr 26, 2024
01:27 PM EDT, 04/26/2024 (MT Newswires) -- Energy stocks were retreating Friday afternoon, with the NYSE Energy Sector Index decreasing 0.5% and the Energy Select Sector SPDR Fund (XLE) down 1%. The Philadelphia Oil Service Sector index was posting a 0.7% increase and the Dow Jones US Utilities index was shedding 0.6%. Front-month West Texas Intermediate crude oil was rising...
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Ford to recall over 270,000 US vehicles over battery concern, NHTSA says
Ford to recall over 270,000 US vehicles over battery concern, NHTSA says
Jan 23, 2025
(Reuters) -Ford Motor ( F ) is recalling 272,817 vehicles in the United States on concerns over battery failure, the National Highway Traffic Safety Administration (NHTSA) said on Thursday. The recall affects certain 2021-2023 Bronco Sport and 2022-2023 Maverick vehicles. The 12-volt battery may experience degradation and suddenly fail, which can result in a loss of electrical accessories, including the...
US fintech firm Broadridge to boost India headcount by 26% in 3 years, top exec says
US fintech firm Broadridge to boost India headcount by 26% in 3 years, top exec says
Jan 23, 2025
By Sai Ishwarbharath B BENGALURU, Jan 23 - U.S. fintech firm Broadridge Financial will expand its India tech staff by 26% to 6,800 people over three years as it gears up to sell its products in the world's most populous nation, a top executive told Reuters. The firm, which counts JPMorgan Chase & Co ( JPM ), Bank of America...
Ford to recall over 270,000 US vehicles over battery concern, NHTSA says
Ford to recall over 270,000 US vehicles over battery concern, NHTSA says
Jan 23, 2025
Jan 23 (Reuters) - The National Highway Traffic Safety Administration (NHTSA) said on Thursday Ford Motor is recalling 272,817 U.S. vehicles over battery failure concerns. ...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Jan 23, 2025
Jan 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Thursday: ** Michigan's Highstreet Insurance Partners has acquired Missouri-based Siebert Agency and its sister companies Russ Siebert Insurance and Mary Siebert Insurance Agency (collectively Siebert Insurance), seeking to expand its reach in the central region. ** Cadence Bank ( CADE ) said on...
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Analyst Forecasts BTC Short
Analyst Forecasts BTC Short
May 26, 2025
Bitcoin’s current rally may only be warming up, with market watchers predicting a potential surge to $162,000 by mid-June, largely driven by short-term holders approaching a critical profit threshold. According to Axel Adler Jr., Bitcoin’s Net Unrealized Profit/Loss (NUPL) for those who’ve held the cryptocurrency for a maximum of three months sits at 27%. The Short-Term Holder Catalyst In a...
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
Bitcoin (BTC) Brushes Off Geopolitical Jitters: Here Is the Next Target in Sight
May 26, 2025
Bitcoin clawed back losses on Monday, rising to nearly $110,000 after US President Donald Trumps unexpected EU tariff announcement rattled markets over the weekend. A key technical pattern has now emerged, which could potentially hint at the next major move in the cryptocurrencys ongoing price trend. Bitcoins Double Bottom Formation Bitcoin may be on track to reach $112,000 following the...
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
Bitcoin Has Made Getting Rich So Easy, Says Robert Kiyosaki
May 26, 2025
In a world where capitalists dominate most economies, people are constantly searching for ways to accumulate wealth. Bitcoin presents an easy path for this, according to finance guru and entrepreneur Robert Kiyosaki. The Rich Dad, Poor Dad author believes bitcoin (BTC) has made it so easy for anyone to get rich and insists more people should be buying the digital...
HYPE Taps New All
HYPE Taps New All
May 26, 2025
Following the Friday price slip and the calm weekend, bitcoins price has recovered to roughly $110,000 after US President Trump paused the tariffs against the EU, which were supposed to start from June 1. The altcoins have turned green as well, and HYPE continues to lead the larger caps following yet another new all-time high at almost $40 today. BTC...
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