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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...
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.
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.
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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Asian stocks hit 2-month lows as fast-spreading Delta variant shatters confidence
Asian stocks hit 2-month lows as fast-spreading Delta variant shatters confidence
Jul 9, 2021
Asian shares stumbled to two-month lows on Friday and were set for their worst weekly performance since February as confidence took a beating over the global spread of the Delta virus variant and worries it could stall a worldwide economic recovery.
Didi extends slide as Beijing clampdown sounds alarm for US-listed China companies
Didi extends slide as Beijing clampdown sounds alarm for US-listed China companies
Jul 8, 2021
Didi Global Inc fell for the third consecutive session on Wednesday after China ordered the app removed from mobile app stores as part of a broader crackdown on China-based companies with overseas listings. On its fifth day of trading as a US-listed company, the stock was last down 4.2 percent, about 28 percent below its USD 16.65 offer price.
Robinhood IPO faces threat of retail snub on Reddit
Robinhood IPO faces threat of retail snub on Reddit
Jul 8, 2021
Online brokerage Robinhood Markets Inc, which helped enable the "meme stock" frenzy earlier this year and later attracted flak for its handling of the trading mania, is facing pushback on social media forums against its initial public offering. Many individual investors are planning to shun the stock market debut, and several posts in recent days urging users to not buy into the IPO have received thousands of upvotes, discussions in online forums on Reddit showed.
World food prices fall in June for first time in a year: FAO
World food prices fall in June for first time in a year: FAO
Jul 8, 2021
World food prices fell in June for the first time in 12 months, pushed lower by declines in vegetable oils, cereals and dairy products, the United Nations food agency said on Thursday. The Rome-based FAO also said in a statement that worldwide cereal harvests would come in at nearly 2.817 billion tonne in 2021, slightly down on its previous estimate, but still on course to hit an annual record.
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Navigating 5 Analyst Ratings For SAP
Navigating 5 Analyst Ratings For SAP
Oct 2, 2024
5 analysts have shared their evaluations of SAP during the recent three months, expressing a mix of bullish and bearish perspectives. 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 Bearish Bearish Total Ratings 0 4 1...
Nokia records $572 mln impairment charge from submarine networks business sale
Nokia records $572 mln impairment charge from submarine networks business sale
Oct 2, 2024
Sept 30 (Reuters) - Nokia said on Monday it had recorded an impairment loss of 514 million euros ($572.24 million) after selling its submarine networks business ASN. In June, the Finnish network equipment maker sold the segment to the French state for 350 million euros but said the deal would not impact its financial outlook. From the second quarter, the...
Biden will visit storm-ravaged North Carolina on Wednesday
Biden will visit storm-ravaged North Carolina on Wednesday
Oct 2, 2024
WASHINGTON (Reuters) - U.S. President Joe Biden said he plans to travel to storm-ravaged North Carolina on Wednesday to view the toll from Hurricane Helene. Western North Carolina residents faced a post-apocalyptic landscape on Monday in the wake of Helene, with hundreds of people still missing and residents struggling amid flooded roads and a lack of basic services. Biden told...
Demystifying ACM Research: Insights From 5 Analyst Reviews
Demystifying ACM Research: Insights From 5 Analyst Reviews
Oct 2, 2024
ACM Research ( ACMR ) has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives 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 Bearish Bearish...
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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.
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.
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
What is the debate over Biodiversity Bill, likely to be tabled in monsoon session of Parliament
Jul 12, 2023
The new bill exempts registered AYUSH practitioners and people accessing codified traditional knowledge, from sharing benefits with local communities or giving prior intimation to state biodiversity boards before accessing biological resources.
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.
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Arm-Qualcomm trial set to begin over chip contract dispute
Arm-Qualcomm trial set to begin over chip contract dispute
Dec 16, 2024
WILMINGTON, Delaware (Reuters) - The trial in a legal battle between Arm and Qualcomm ( QCOM ) that could disrupt a wave of artificial intelligence PCs is set to begin on Monday in a Delaware courtroom. A more than two-year fight has pitted Arm, which licenses fundamental technology used to design chips, against Qualcomm ( QCOM ), one of its...
Air Lease Announces Closing of $966.5 Million Unsecured Term Loan Facility
Air Lease Announces Closing of $966.5 Million Unsecured Term Loan Facility
Dec 16, 2024
07:24 AM EST, 12/16/2024 (MT Newswires) -- Air Lease ( AL ) announced Monday the closing of a new $966.5 million unsecured term loan facility that matures in December 2027. The company said the proceeds of the loan will be used to finance working capital for it and its subsidiaries, as well as for general corporate purposes. ...
Phillips 66 to sell stake in Gulf Coast Express Pipeline for $865 mln
Phillips 66 to sell stake in Gulf Coast Express Pipeline for $865 mln
Dec 16, 2024
Dec 16 (Reuters) - Phillips 66 said on Monday that it will sell a 25% non-operating equity interest in the Gulf Coast Express Pipeline to ArcLight Capital Partners for about $865 million. ...
Scotiabank Previews Bank of Canada Governor's Monday Speech
Scotiabank Previews Bank of Canada Governor's Monday Speech
Dec 16, 2024
07:22 AM EST, 12/16/2024 (MT Newswires) -- Bank of Canada Governor Tiff Macklem delivers the customary pre-Christimas speech on Monday, noted Scotiabank. The title is Economic factors shaping Canada's monetary policy while the text will be available at 3:20 p.m. ET, but no presser, although there will be time for probably light audience question-and-answer session, said the bank. Macklem hinted...
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