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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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Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts
Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts
Nov 6, 2024
Crypto ( CRCW ) assets kept climbing higher Wednesday after Donald Trump won the U.S. presidency, with bitcoin {{BTC}} blasting through $76,000 for the first time ever amid optimism the election will usher in a far friendlier environment for digital assets in the world's largest economy. Bitcoin {{BTC}} hit a fresh record high of $76,330 during the U.S. day and...
Sector Update: Energy Stocks Rise in Tuesday Afternoon Trading
Sector Update: Energy Stocks Rise in Tuesday Afternoon Trading
Nov 6, 2024
02:01 PM EST, 11/05/2024 (MT Newswires) -- Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 0.6% and the Energy Select Sector SPDR Fund (XLE) up 0.2%. The Philadelphia Oil Service Sector index was posting a 0.4% increase, and the Dow Jones US Utilities index was adding 0.8%. Front-month West Texas Intermediate crude oil was rising...
Sector Update: Energy
Sector Update: Energy
Nov 6, 2024
01:21 PM EST, 11/06/2024 (MT Newswires) -- Energy stocks were sharply higher Wednesday afternoon, with the NYSE Energy Sector Index rising 2.1% and the Energy Select Sector SPDR Fund (XLE) climbing 3.8%. The Philadelphia Oil Service Sector index jumped 6.8%, while the Dow Jones US Utilities index was down 0.7%. US crude oil stocks, including those in the Strategic Petroleum...
Sector Update: Tech
Sector Update: Tech
Nov 6, 2024
01:29 PM EST, 11/06/2024 (MT Newswires) -- Tech stocks were sharply higher Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 2.6% and the SPDR S&P Semiconductor ETF (XSD) climbing 3.8%. The Philadelphia Semiconductor index was 2.8% higher. In corporate news, Apple ( AAPL ) has approached Foxconn about producing artificial intelligence servers in Taiwan, Nikkei Asia reported....
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Professional Services Firms Lose $60K a Year to Inefficient Client Coordination, New Progress Software Report Finds
Professional Services Firms Lose $60K a Year to Inefficient Client Coordination, New Progress Software Report Finds
Jul 30, 2026
 Global survey reveals fragmented coordination workflows have become a measurable business cost, signaling the need for more structured, AI-enabled client collaboration BURLINGTON, Mass., July 30, 2026 (GLOBE NEWSWIRE) -- Progress Software ( PRGS ) , an AI infrastructure software leader, today announced the results of its State of Client Collaboration 2026 survey, revealing that professional services firms lose a median of...
Stealthium and Tenstorrent Partner to Deliver Runtime Observability for AI Infrastructure
Stealthium and Tenstorrent Partner to Deliver Runtime Observability for AI Infrastructure
Jul 30, 2026
SAN FRANCISCO and SANTA CLARA, Calif., July 30, 2026 (GLOBE NEWSWIRE) -- Stealthium, the runtime observability and security company for AI infrastructure, and Tenstorrent, a leader in AI compute and high-performance RISC-V CPUs, today announced a partnership to bring runtime observability and security to AI workloads running on Tenstorrent systems. Through this partnership, customers running AI workloads on Tenstorrent hardware...
Crexendo Appoints Chris Aaker as Chief Technology Officer in Planned Succession
Crexendo Appoints Chris Aaker as Chief Technology Officer in Planned Succession
Jul 30, 2026
Longtime technology leader will assume the role effective August 3; NetSapiens co-founder David Wang will remain with Crexendo ( CXDO ) in a full-time capacity PHOENIX, AZ / ACCESS Newswire / July 30, 2026 / Crexendo, Inc. ( CXDO ) (Crexendo or the Company), a premier platform and provider of cloud communication services, video collaboration and managed IT services, today...
ScaleFlux Introduces AI-Optimized SSD Platform Designed for NVIDIA CMX and KV Cache Offload
ScaleFlux Introduces AI-Optimized SSD Platform Designed for NVIDIA CMX and KV Cache Offload
Jul 30, 2026
Platform combines Context-Insight workload intelligence, 7-10+ effective DWPD, and support for more than 200 FDP write streams per drive to improve context memory storage efficiency and economics MILPITAS, Calif., July 30, 2026 /PRNewswire/ -- ScaleFlux, a leader in advanced Memory controller and storage optimization technology, today announced an AI-optimized SSD platform designed to support the SSD requirements of NVIDIA CMX...
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TotalEnergies pauses US offshore wind project after Trump victory, CEO says
TotalEnergies pauses US offshore wind project after Trump victory, CEO says
Nov 26, 2024
LONDON, Nov 26 - TotalEnergies has paused development of a wind farm off the coast of New York after Donald Trump's U.S. election victory, the French company's CEO said on Tuesday. The French energy group formed a joint venture in October 2023 for development of the Attentive Energy offshore wind project off the coast of New York. In offshore wind,...
Constellation Energy seeks new US grid rules on co-located data centers
Constellation Energy seeks new US grid rules on co-located data centers
Nov 26, 2024
* Constellation seeks rules on connecting onsite data centers to directly to power plants * Co-location criticized for potential grid reliability risks * Rival Exelon ( EXC ) says it supports fair policies for co-location projects (Adds Exelon comment, new details from the complaint throughout) Nov 26 (Reuters) - Constellation Energy ( CEG ) is asking U.S. regulators to make...
Becton Dickinson Spinoff Embecta Stops Insulin Patch Pump Program, Plans Restructuring, Stock Jumps
Becton Dickinson Spinoff Embecta Stops Insulin Patch Pump Program, Plans Restructuring, Stock Jumps
Nov 26, 2024
On Tuesday, Embecta Corp ( EMBC ) posted the fourth-quarter adjusted EPS of 45 cents, beating the consensus of 36 cents and down from 59 cents reported a year ago. The company reported quarterly sales of $286.1 million, up 1.5% year over year, beating the consensus of $277 million. “We are pleased to report a strong fourth quarter and end to...
Coca Cola Insider Sold Shares Worth $697,673, According to a Recent SEC Filing
Coca Cola Insider Sold Shares Worth $697,673, According to a Recent SEC Filing
Nov 26, 2024
01:17 PM EST, 11/26/2024 (MT Newswires) -- Monica Howard Douglas, Executive Vice President, on November 22, 2024, sold 10,950 shares in Coca Cola (KO) for $697,673. Following the Form 4 filing with the SEC, Douglas has control over a total of 29,179 shares of the company, with 22,688 shares held directly and 6,491 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/21344/000112760224028061/xslF345X05/form4.xml Price: 64.53,...
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