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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....
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.
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...
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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Sector Update: Energy
Sector Update: Energy
May 14, 2024
01:32 PM EDT, 05/14/2024 (MT Newswires) -- Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each decreasing 0.3%. The Philadelphia Oil Service Sector index was up 0.2%, and the Dow Jones US Utilities index was shedding 0.3%. Front-month West Texas Intermediate crude oil was declining 1.4% to $77.99...
EXPLAINER-Why are meme stocks rallying again?
EXPLAINER-Why are meme stocks rallying again?
May 14, 2024
May 14 (Reuters) - GameStop ( GME ) and AMC Entertainment ( AMC ) have again captured retail investors' attention, reminiscent of the meme stock frenzy that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally Roaring Kitty. Here is what you need to know about the recent surge in meme stocks:...
Sector Update: Tech
Sector Update: Tech
May 14, 2024
01:35 PM EDT, 05/14/2024 (MT Newswires) -- Tech stocks were higher Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.3% and the SPDR S&P Semiconductor ETF (XSD) climbing 1.2%. The Philadelphia Semiconductor index added 0.9%. In corporate news, Amazon.com ( AMZN ) shares were slightly lower as it said Adam Selipsky will step down as chief executive...
Explainer-Why are meme stocks rallying again?
Explainer-Why are meme stocks rallying again?
May 14, 2024
(Reuters) - GameStop ( GME ) and AMC Entertainment ( AMC ) have again captured retail investors' attention, reminiscent of the meme stock frenzy that gripped Wall Street three years ago, following social media posts from the leading figure behind that rally Roaring Kitty. Here is what you need to know about the recent surge in meme stocks: ROARING KITTY...
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Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO, March 22 (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery...
US still assessing if China's SMIC broke US rules to make Huawei chip
US still assessing if China's SMIC broke US rules to make Huawei chip
Mar 21, 2024
WASHINGTON (Reuters) -The Biden administration still needs to determine whether China's top chipmaker SMIC violated U.S. export rules to produce a chip to power Huawei's Mate 60 Pro phone, a senior Commerce Department official said during a congressional hearing on Thursday. When asked by Representative Michael McCaul if SMIC broke U.S. export rules to produce the sophisticated chip, Alan Estevez,...
The Analyst Landscape: 7 Takes On Clear Secure
The Analyst Landscape: 7 Takes On Clear Secure
Mar 22, 2024
Analysts' ratings for Clear Secure ( YOU ) over the last quarter vary from bullish to bearish, as provided by 7 analysts. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
Japan braces for life with interest rates after historic change
Japan braces for life with interest rates after historic change
Mar 21, 2024
TOKYO (Reuters) - In the coming years, Satoaki Kanoh needs to replace almost a dozen ageing machines at his Tokyo-based maker of acrylic panels, a major undertaking that he worries will become even more expensive. Ideally, I'd like to do one a year. But I don't have that much money, Kanoh said of the customised pieces of machinery that cost...
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Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Brahmapuram waste plant fire: Kerala Assembly witnesses uproarious scenes, LoP says CM running away from issue
Mar 13, 2023
A fire that broke out at the waste treatment plant in Kochi on March 2, 2023, continues to spread toxic fumes even after 11 days of the incident. The Kerala government has said that 95 percent of the fire has been extinguished, but the smoke from the landfill has not entirely subsided. 
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Govt blames inaction by AAP in Punjab, Delhi for bad air quality
Nov 6, 2023
Accusing Kejriwal of being busy with election campaigning in poll-bound states and waking up to the situation late, Minister of State for Consumer Affairs, Food, and Public Distribution, Ashwini Kumar Choubey, said that the Centre had held a meeting with Chief Secretaries and senior officials from four North Indian states on 20th October to discuss measures to reduce air pollution, which he claims weren't adopted by the AAP-led governments.
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
ED attaches over Rs 10-crore assets in resort scam involving ex-Maha minister Anil Parab
Jan 4, 2023
The probe pertains to Dapoli resort, which is allegedly illegal. The former minister and Shiv Sena (Uddhav) leader, Anil Parab, allegedly wangled a permit to use land meant for agricultural use. The ED had started the investigation under the the Prevention of Money Laundering Act (PMLA) after a complaint from the Environment Ministry.
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Rajasthan: Gehlot government begins Rs 2,500 cr dam project for Sabarmati, Sei rivers ahead of polls
Mar 1, 2023
On Tuesday, the Gehlot government invited bids for both projects to build the dams within the next four years. The chief minister had announced both projects in last year’s budget.
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HomesToLife's Shares Rise in Nasdaq Debut
HomesToLife's Shares Rise in Nasdaq Debut
Oct 2, 2024
11:13 AM EDT, 10/01/2024 (MT Newswires) -- HomesToLife (HTLM) shares rose more than 9% in recent Tuesday trading after the company made its debut on the Nasdaq Capital Market. The stock was trading at $4.39 in recent trading, above the IPO price of $4. The company said late Monday it priced its initial public offering of 1.25 million shares at...
Meta Platforms to Expand Quest 3S Manufacturing to Vietnam in 2025
Meta Platforms to Expand Quest 3S Manufacturing to Vietnam in 2025
Oct 2, 2024
11:13 AM EDT, 10/01/2024 (MT Newswires) -- Meta Platforms ( META ) said Tuesday it will expand manufacturing of its Quest 3S mixed-reality device to Vietnam starting next year. The expansion is slated to create up to 1,000 jobs in the country, Meta said. The Facebook and Instagram parent also said it will soon start testing Meta AI in Vietnamese....
Barclays to Pay $4 Million to US Regulator for Swap Reporting Breaches
Barclays to Pay $4 Million to US Regulator for Swap Reporting Breaches
Oct 2, 2024
10:30 AM EDT, 10/01/2024 (MT Newswires) -- The Commodity Futures Trading Commission said Tuesday that Barclays ( JJCTF ) will pay a $4 million penalty for violations of swap reporting rules. The CFTC said it filed an order and simultaneously settled charges against the bank for the breaches. The regulator said Barclays ( JJCTF ) admitted the facts in the...
RTX's Raytheon Wins $192 Million US Navy Contract to Upgrade Electronic Warfare System
RTX's Raytheon Wins $192 Million US Navy Contract to Upgrade Electronic Warfare System
Oct 2, 2024
10:30 AM EDT, 10/01/2024 (MT Newswires) -- RTX's (RTX) Raytheon unit said Tuesday that it was awarded a $192 million contract by the US Navy to work on an enhanced Next Generation Jammer Mid-Band electronic warfare system. The modified system, to be called the Next Generation Jammer Mid-Band Expansion, will have an extended frequency range to counter additional threats, the...
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