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....

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.

04:01 PM EST, 12/11/2024 (MT Newswires) -- Major digital assets advanced Wednesday with Bitcoin (BTC-USD) trading above $101,000. The CoinDesk Market Index, which tracks 126 digital assets, climbed 6.3% in the past 24 hours. The Nasdaq 100 and S&P 500 were up 1.8% and 0.9% in late trade, respectively, while the Dow Jones Industrial Average eased 0.1%. Bitcoin was 5.1%...

* S&P 500, Nasdaq gain; Dow drops * Tesla shares hit record high * Healthcare stocks tank after bipartisan bill (Updates to 4 PM ET) By Chibuike Oguh, Purvi Agarwal and Shashwat Chauhan NEW YORK, Dec 11 (Reuters) - Wall Street's benchmark S&P 500 index rose on Wednesday and a rally in tech stocks lifted the Nasdaq above the 20,000-point...

03:58 PM EST, 12/11/2024 (MT Newswires) -- US benchmark equity indexes ended mixed Wednesday after official data showed consumer inflation accelerated in line with Wall Street's projections last month. * The US consumer price index increased 0.3% in November, ticking up from 0.2% in each of the previous four months, the Bureau of Labor Statistics reported. Annually, inflation accelerated to...

* Nasdaq hits 20,000 amid AI excitement, rate-cut expectations * Tech stocks drive Nasdaq's 33% annual rise * Megacap stocks' dominance raises concentration concerns By Saqib Iqbal Ahmed, Suzanne McGee and Lewis Krauskopf NEW YORK, Dec 11 (Reuters) - The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which...

SHENZHEN, China, Sept 20 (Reuters) - Huawei and Apple's ( AAPL ) latest smartphones go on sale in China on Friday, with the Chinese tech company's much-anticipated $2,800 tri-foldable phone offered at more than twice the price of the iPhone 16 Pro Max. However, analysts warn that supply chain constraints could leave many buyers of Huawei Technologies' Mate XT empty-handed....

Its New York IPO may be sidelined for the moment, but that doesn't mean robotaxi operator WeRide Inc. is just sitting idly on the roadside. The company suffered an embarrassing setback in August when its IPO, which was set to become one of the largest by a Chinese company in New York in the last three years, was suddenly derailed at the...

Key takeaways The Bank of America(R) Business Advantage Customized Cash Rewards Mastercard(R) credit card allows cardholders to select their top rewards-earning category, including options like office supplies, gas stations, travel, and more. Cardholders who are members of the Bank of America Preferred Rewards program can earn even higher rewards, up to 75% more in some cases. However, the rewards cap...

In the latest quarter, 10 analysts provided ratings for Itron ( ITRI ) , showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...

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. 

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.

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.

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.

This acquisition not only substantially hikes UltraTech Cement's capacity but also serves as a strategic entry into the promising market of Jharkhand. Shares of UltraTech Cement Ltd ended at ₹8,721.80, down by ₹6.20, or 0.071%, on the BSE.

The unseasonal rainfall in Mumbai and other parts of the state prompted concerns about potential disruptions in the agricultural supply chain.

Yash Sharma, Director of Ganesha Ecosphere expects the aggressive capacity expansion plans to help the company achieve 20-22% CAGR over the next 3-4 years.

Mahendra Kumar Dhanuka, Vice Chairman and Managing Director of the company, said the third quarter so far has not been as good as expected due to the late harvesting of crops.

Cardano (ADA) is showing strong growth in smart contract development. Since the beginning of the year, the number of Plutus scripts on the Cardano network, including Plutus V1 and V2, has surged by 171.45%,  At this pace, the Cardano network is adding nearly 500 new smart contracts daily. According to data from Cardano Blockchain Insights, the network has achieved 39,000...

After a series of back-and-forths regarding Do Kwons extradition, it appears that the Terraform Labs co-founder and former CEO may finally be handed over to South Korean authorities after the Appellate Court of Montenegro confirmed a previous decision to extradite him to his native country. Terraform Labs’ Chief Executive Officer, who was arrested in March 2023 with Kwon in Montenegro,...

The cryptocurrency market has failed to recover as swiftly as many expected it to, and Bitcoins price seems to be struggling to break above $66K definitively. Most of the altcoins are also trading in the red, with two notable exceptions. Bitcoin Fails at $66K As seen in the chart below, Bitcoins price was unable to retain its bullish momentum that...

Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery. These attacks have grown increasingly sophisticated, leading to high-profile crypto investors, whales, and prominent industry figures becoming victims, ultimately resulting in substantial financial losses. In its latest update on March 21st, CertiK identified a deposit of 3,700 ETH into Tornado Cash on...