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...

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.

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.

The Indian market is likely to open on a tepid note Tuesday following a mixed trend in global peers. At 8:00 am, the SGX Nifty was trading 42.50 points or 0.31 percent lower at 13,549.00, indicating a negative start for the Sensex and Nifty50.

Most brokerages advise subscribing to the issue for listing gains given its attractive valuations as compared to peers.

OPEC on Monday pared its forecast for the oil demand recovery in 202l by 350,000 barrels per day, due to the persistent impact of the coronavirus pandemic.

Among brokerages, HSBC downgraded IndiGo to 'reduce' from 'hold' but raised its target while retaining a bullish view on Spicejet. Also, Macquarie is 'neutral' on Tata Motors as JLR faces multiple challenges, newly-forayed China business. Here are the top brokerage calls for today:

In the current market session, Adobe Inc. ( ADBE ) share price is at $344.10, after a 1.26% decrease. Over the past month, the stock went up by 1.79%, but over the past year, it actually fell by 38.89%. With good short-term performance like this, and questionable long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings...

Sept 4 (Reuters) - OpenAI is set to produce its own artificial intelligence chip for the first time next year, as the ChatGPT maker attempts to address insatiable demand for computing power and reduce its reliance on chip giant Nvidia ( NVDA ) , the Financial Times reported on Thursday. The chip, co-designed with U.S. semiconductor giant Broadcom ( AVGO...

The (Gold) price rose in its last intraday trading, supported by its stability above EMA50, reinforcing the strength of the dominant bullish track on its moves, taking advantage of its trading alongside a minor bias line, that indicates the strength of the dominant bullish trend on the short-term basis. The (RSI) show supportive signs, after forming positive divergence that reinforces...

WASHINGTON, Sept 4 (Reuters) - President Donald Trump said on Thursday his administration would impose tariffs on semiconductor imports from companies not shifting production to the U.S., speaking ahead of a dinner with major technology company CEOs. Since returning to office in January, Trump's threat of tariffs has alienated trading partners, stirred volatility in financial markets and fueled global economic...

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.

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.

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. 

Activists have contended that words like "ecotourism facilities" and "any other purposes" are too vague and may pave the way for widespread exploitation and misuse.

BRUSSELS, Dec 6 (Reuters) - Novo Holdings on Friday gained unconditional EU antitrust approval for its $16.5 bln acquisition of U.S. contract drug maker Catalent ( CTLT ) after EU regulators said they did not see any competition issues. Novo Holdings, the controlling shareholder of Danish drugmaker Novo Nordisk, which makes the blockbuster weight-loss drug Wegovy, had announced the deal...

01:05 PM EST, 12/06/2024 (MT Newswires) -- (Updates with additional details, comment requests and stock moves from the second paragraph onwards.) The transition team of US President-elect Donald Trump is mulling the cancellation of the US Postal Service's contracts to electrify its delivery vehicles, including contracts with Oshkosh (OSK) and Ford Motor ( F ) , Reuters reported Friday, citing...

01:06 PM EST, 12/06/2024 (MT Newswires) -- Stoke Therapeutics ( STOK ) on Friday released data from Phase 1/2a and open-label extension studies of zorevunersen for the treatment of Dravet syndrome. The data analyzed nine patients who initially received two or three doses of 70 mg, followed by 45 mg maintenance dosing. Patients experienced substantial and sustained reductions in convulsive...

BRUSSELS (Reuters) - Novo Holdings on Friday gained unconditional EU antitrust approval for its $16.5 bln acquisition of U.S. contract drug maker Catalent ( CTLT ) after EU regulators said they did not see any competition issues. Novo Holdings, the controlling shareholder of Danish drugmaker Novo Nordisk, which makes the blockbuster weight-loss drug Wegovy, had announced the deal in February....

Sonic SVM, the first chain extension for Solana, has launched its $1 million Mobius Hackathon, inviting developers to build decentralized applications (dApps) on its gaming-optimized platform. The event, which begins on February 17 and runs until March 14, aims to accelerate innovation across multiple blockchain verticals, including gaming, decentralized finance (DeFi), and artificial intelligence (AI). Hackathon Tracks and Judging Criteria...

The past week has been rough for Bitcoin, with its price fluctuations influencing the broader altcoin market. As a result, the total crypto market cap declined by more than 2% in the past day and reached approximately $3.21 trillion. Despite this volatility and macroeconomic concerns, Bitcoin demand appears to stay strong, as suggested by on-chain data. Strong Bitcoin Demand According...

Solana DEXs trading volume dropped to $2.61 billion on February 16, continuing its downward trajectory and reaching its lowest level since mid-December. While Raydiums volume plunged by over 45% and Orcas fell by nearly 30% in the past week, Meteora bucked the trend with an 18% increase. According to the data compiled by DeFiLlama, Solanas decentralized exchanges (DEXs) saw around...

Investor and podcast host Jason Calacanis has reignited debate over XRP’s classification, calling the token a “centrally controlled security” in a recent post on X. Calacanis questioned whether XRP should be considered decentralized, stating that if the Securities and Exchange Commission (SEC) allows it to trade like Bitcoin, then securities law will be worthless. Calacanis Warns of Market Chaos In...