financetom
News
World
Environment
Technology
Politics
Retail
Business
Economy
Market summary >
Editors' picks >
News >
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...
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....
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.
World >
Market >
UWM Holdings Insider Sold Shares Worth $4,940,445, According to a Recent SEC Filing
UWM Holdings Insider Sold Shares Worth $4,940,445, According to a Recent SEC Filing
Jul 31, 2025
04:58 PM EDT, 07/31/2025 (MT Newswires) -- Ishbia Mat, 10% Owner, Director, President and Chief Executive Officer, on July 29, 2025, sold 1,200,108 shares in UWM Holdings ( UWMC ) for $4,940,445. Following the Form 4 filing with the SEC, Mat has control over a total of 778,873 Class A common shares of the company, with 279,989 shares held directly...
Japan's Nikkei slips on tech investment concern; Tokyo Electron plunges
Japan's Nikkei slips on tech investment concern; Tokyo Electron plunges
Jul 31, 2025
TOKYO, Aug 1 (Reuters) - Japan's Nikkei share average slid on Friday, dragged lower by chip-related stocks on rekindled concerns about technology investment. Tech heavyweight Tokyo Electron ( TOELF ) plunged 17%, the most in almost a year, after the chip equipment maker slashed its profit forecast, citing changes in spending plans by semiconductor companies. Chip-testing equipment maker Advantest (...
T-Mobile Us Insider Sold Shares Worth $2,961,840, According to a Recent SEC Filing
T-Mobile Us Insider Sold Shares Worth $2,961,840, According to a Recent SEC Filing
Jul 31, 2025
04:34 PM EDT, 07/31/2025 (MT Newswires) -- Callie R Field, President, Business Group, on July 29, 2025, sold 12,300 shares in T-Mobile Us ( TMUS ) for $2,961,840. Following the Form 4 filing with the SEC, Field has control over a total of 110,891 common shares of the company, with 110,891 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1283699/000128369925000122/xslF345X05/wk-form4_1753993678.xml ...
COLUMN-Have we seen Powell's last rate cut as Fed chair?: McGeever
COLUMN-Have we seen Powell's last rate cut as Fed chair?: McGeever
Jul 31, 2025
ORLANDO, Florida, July 31 (Reuters) - Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary determinant of monetary policy, a signal that strong July employment figures could snuff out all bets for a September rate cut and reduce the likelihood of any further easing this year. At his press...
Environment >
Technology >
Personal Finance >
Politics >
Retail >
Business >
Charter launches cheaper internet plans to boost broadband customer retention
Charter launches cheaper internet plans to boost broadband customer retention
Sep 16, 2024
Sept 16 (Reuters) - Telecoms firm Charter Communications ( CHTR )-owned Spectrum on Monday rolled out cheaper internet plans that would be bundled with its mobile and cable TV services, amid tough competition from Comcast ( CMCSA ) and AT&T's ( T ) DirecTV. The move comes at a time when people are dumping cable TV bundles provided by the...
Ventas, Kindred Agree to Improve Patient Care, Strengthen Lease
Ventas, Kindred Agree to Improve Patient Care, Strengthen Lease
Sep 16, 2024
11:41 AM EDT, 09/16/2024 (MT Newswires) -- Ventas ( VTR ) said Monday it entered into agreements with Kindred Healthcare and its parent company ScionHealth to improve the facility environment for patient care. Under the agreements, the initial annualized contractual base rent for long-term acute care hospitals will be $80 million starting May 1, 2025, with annual escalation by 2.8%...
Why Is Sterling Bancorp Stock Diving On Monday?
Why Is Sterling Bancorp Stock Diving On Monday?
Sep 16, 2024
Sterling Bancorp, Inc. ( SBT ) shares are trading lower after the company disclosed a definitive deal to sell Sterling Bank to EverBank Financial Corp. for $261 million in cash. Also, the company adopted a plan of dissolution and expects to wind down as quickly as possible after the sale. Trustees representing 38% of Sterling’s common stock have agreed to...
Jabil Faces Prolonged Pressures From End-Market Softness, UBS Says
Jabil Faces Prolonged Pressures From End-Market Softness, UBS Says
Sep 16, 2024
11:44 AM EDT, 09/16/2024 (MT Newswires) -- Jabil's ( JBL ) key end markets including the electric vehicles and renewable energy industries are facing persistent headwinds that cloud prospects for a robust recovery for the electronics components maker, UBS said in a report Monday. The investment firm lowered its fiscal 2025 and 2026 earnings and revenue estimates for the company,...
Economy >
Cryptocurrency >
Forex >
Copyright 2023-2025 - www.financetom.com All Rights Reserved