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...

　　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...

　　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....

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.

04:58 PM EST, 12/11/2025 (MT Newswires) -- The Dow Jones Industrial Average and the S&P 500 hit fresh peaks on Thursday, while a post-earnings selloff in Oracle (ORCL) shares put other tech names under pressure, including Nvidia ( NVDA ) . The Dow climbed 1.3% to 48,704, while the S&P 500 edged up 0.2% to 6,901, both notching record closing...

04:50 PM EST, 12/11/2025 (MT Newswires) -- US equity indexes closed mixed on Thursday as Oracle's (ORCL) quarterly results hurt technology and communication services shares, offsetting the impact of a dovish lean in monetary policy. The Dow Jones Industrial Average jumped 1.3% to 48,704.01, and the S&P 500 rose 0.2% to 6,901.00. The Nasdaq Composite declined 0.3% to 23,593.86. On...

ORLANDO, Florida, Dec 11 (Reuters) - Federal Reserve Chair Jerome Powell admitted on Wednesday that there is still no risk-free path for the central bank as it seeks to bring down stubbornly high inflation while also supporting an increasingly creaky labor market. But he suggested the Fed might have a get-out-of-jail-free card: higher productivity. Speaking to reporters after the Fed...

By Johann M Cherian and Pranav Kashyap Dec 11 (Reuters) - Wall Street's tech-heavy Nasdaq slid to a one-week low on Thursday, as renewed jitters over Oracle's aggressive AI spending spree drowned out optimism sparked by a softer, less hawkish Federal Reserve. Oracle plunged 14.4% after its quarterly forecasts fell short of analysts' estimates and it warned annual spending would...

Across the recent three months, 15 analysts have shared their insights on Tyler Technologies ( TYL ) , expressing a variety of opinions spanning from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat...

* U.S. to propose trade rules to reduce China package volume * Seeks to end exemption for goods subject to punitive tariffs * White House wants more information disclosure on small packages (Adds U.S. Secretary of Commerce comment in paragraph 4, PDD shares in paragraph 9) By David Lawder Sept 13 (Reuters) - The Biden administration said on Friday it...

On Sept. 5, Broadcom Inc. ( AVGO ) reported stronger-than-expected earnings and sales results for its third quarter. The company’s quarterly revenue of $13.072 billion, beating analyst estimates of $12.96 billion, according to Benzinga Pro. The semiconductor company reported second-quarter earnings of $1.24 per share, beating analyst estimates of $1.20 per share. With the recent buzz around Broadcom ( AVGO...

Ratings for ARM Holdings ( ARM ) were provided by 13 analysts in the past three months, showcasing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish...

Canadian Prime Minister Justin Trudeau also said on Tuesday (September 19) his government does not seek to 'escalate' tensions with India. This, in the backdrop of the two countries expelling a senior diplomat each.

Greece has repeatedly asked the British Museum to permanently return the 2,500-year-old sculptures that British diplomat Lord Elgin removed from the Parthenon temple in the early 19th century when he was ambassador to the Ottoman Empire.

British politics is abuzz with musical chairs like excitement. PM Rishi Sunak, who had to remove his outspoken interior minister Suella Braverman for her article on a pro-Palestine march in UK, has brought ex-PM David Cameron — who had lost the top job over Brexit — back into the fresh equation.

Besides Clapton, Alicia Silverstone, Rob Schneider and Woody Harrelson (who later retracted) have publicly supported RFK Jr, who reportedly said COVID-19 may just be 'ethnically targeted.' The virus targets Caucasians and Black people while sparing Ashkenazi Jewish people and Chinese people, he said at a New York dinner.

03:51 PM EDT, 10/31/2025 (MT Newswires) -- Nouveau Monde Graphite ( NMG ) said Friday it signed multiple binding supply and marketing agreements that may cover nearly all future output of graphite concentrate and active anode material from its Phase-2 Matawinie Mine in Quebec. The company signed term sheets with the government of Canada to place 30,000 tons per year...

04:03 PM EDT, 10/31/2025 (MT Newswires) -- Nouveau Monde Graphite ( NMG ) was last seen up 7% after the company on Friday said it signed commercial agreements with the Government of Canada, Panasonic Energy and Traxys as G7 energy and environment ministers meet in Canada. The company said it revised its binding offtake agreement with Panasonic Energy, clearing the...

PALO ALTO, Calif.--(BUSINESS WIRE)-- Navan, Inc. ( NAVN ) , an all-in-one business travel, payments, and expense management platform, today announced the closing of its initial public offering of an aggregate of 36,924,406 shares of Class A common stock at a public offering price of $25.00 per share. The offering consisted of 30,000,000 shares of Class A common stock sold...

03:51 PM EDT, 10/31/2025 (MT Newswires) -- Consumer stocks were mixed late Friday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) decreasing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) climbing 2.8%. In corporate news, Monster Beverage ( MNST ) is expected to deliver another quarter of strong top-line growth, with UBS Securities forecasting Q3 organic...

Ethereum (ETH) has rebounded sharply after nearing the $2,000 mark earlier this week amid geopolitical unrest. Renewed optimism followed President Donald Trumps announcement of a ceasefire between Israel and Iran, alongside a return of inflows to US spot Ethereum ETFs, pushing ETH above the $2,400 level with fresh bullish momentum. Ether is once again testing its 50-day Exponential Moving Average...

New on-chain data has revealed a widening profit gap across major crypto assets, fueling speculation on which coins are overheated and which are primed for a breakout. According to market intelligence platform Santiment, 94.5% of Bitcoin (BTC) holders are sitting on unrealized gains, with Ethereum (ETH) trailing slightly at 88.7%. On the flip side, less than half of Cardano (ADA)...

Bitcoin briefly dropped below $100,000 during the 12-day conflict involving Israeli and US strikes on Iran, along with retaliatory attacks on Israel and US bases in Qatar. Markets were shaken until US President Donald Trump confirmed that both Israel and Iran had agreed to a ceasefire. This announcement triggered a rebound in global risk sentiment. As investor confidence returned, Bitcoin...

Spot Bitcoin ETFs have seen almost $1.5 billion in inflows so far this week as institutional investors are driving the markets. In just three trading days, aggregate inflows for US spot BTC funds totalled $1.48 billion, according to Farside Investors. Additionally, there has not been an outflow day since June 6, almost three weeks ago. Its “absolutely ridiculous,” said ETF...