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...

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.

　　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....

　　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...

* Chinese banks sell dollars to cushion yuan's drop * Ukraine's dollar sovereign bonds rally * Mexican peso slumps to two-year low * Equities in India, Turkey jump as oil prices drop * MSCI EM stocks, FX index lose 0.6% each (Adds graphic, amends text to reflect Trump win) By Johann M Cherian Nov 6 (Reuters) - Emerging market currencies...

(Updates with closing levels) TOKYO, Nov 6 (Reuters) - Japan's Nikkei share average ended at a three-week high on Wednesday, led by chip and defence stocks, while market participants keenly awaited the outcome of the U.S. presidential election. The Nikkei jumped 2.61% to 39,480.67, its highest closing level since Oct. 15. The index also posted its biggest daily gain since...

LONDON, Nov 6 (Reuters) - Mexico's peso sank to its weakest level in over two years on Wednesday, as markets braced for a win for Donald Trump the U.S. election, extending a streak of volatility and weakness for the emerging markets bellwether. The peso dropped as low as 20.8038 per dollar for the first time since August 2022, more than...

LONDON (Reuters) - Donald Trump's rapid confirmation as the next U.S. president propelled the dollar and punished the euro as investors bet on tariffs on imports affecting trade while tax cuts could benefit U.S. business. U.S. stock futures rallied almost by the most in a year, while the dollar was set for its largest one-day jump since 2022. Bitcoin hit...

According to a press release, clusters economically viable for drone use will be identified, with 15,000 women SHGs in selected states receiving Central Financial Assistance covering 80% of drone costs, up to ₹8 lakh.

Karnataka Chief Minister Siddaramaiah, this policy revision reflects the Karnataka government's commitment to staying ahead of all and fostering growth in this critical sector.

The initiative, conducted in collaboration with IIT Bombay and the Department of Consumer Affairs (DoCA), aims to assess the application of large language models (LLM) in enhancing the efficiency of India's consumer grievance redressal system.

Over two decades, Google said that it has employed machine learning and AI to enhance products, focusing on language translations, flood forecasts, and agricultural productivity in India.

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.

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.

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. 

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.

SEOUL (Reuters) - South Korean memory chipmaker SK Hynix said on Wednesday it plans to invest 5.3 trillion won ($3.86 billion) to build a chip factory for a new dynamic random access memory (DRAM) chip production base in South Korea. The Nvidia supplier plans to start construction at the chip factory, called M15X, at the end of April with an...

04:27 AM EDT, 04/24/2024 (MT Newswires) -- Travere Therapeutics ( TVTX ) and CSL Vifor said Wednesday the European Commission granted conditional marketing authorization for Filspari as a treatment for adults with primary Immunoglobulin A Nephropathy, or Berger's disease. CSL Vifor expects to launch sales of the drug in Europe beginning in H2. The authorization for the treatment, also known...

04:01 AM EDT, 04/24/2024 (MT Newswires) -- FOXO Technologies ( FOXO ) said late Tuesday it received a notice from the NYSE American that it is not compliant with the exchange's listing rules due to its failure to timely file its 2023 annual report on Form 10-K. The delay was attributed to significant changes and restructuring activities in 2023 and...

04:32 AM EDT, 04/24/2024 (MT Newswires) -- Rush Enterprises ( RUSHA ) reported Q1 earnings late Tuesday of $0.88 per diluted share, down from $1.07 a year earlier. Two analysts polled by Capital IQ expected $0.77. Revenue for the quarter ended March 31 was $1.87 billion, down from $1.91 billion a year earlier. Two analysts polled by Capital IQ expected...

A federal judge has allowed Coinbase to pursue an interlocutory challenge in the Second Circuit Court of Appeals in its ongoing case with the U.S. Securities and Exchange Commission (SEC), citing conflicting rulings on cryptos legal status. Judge Katherine Failla granted the exchange’s appeal of her March 2024 order, which had denied the company’s motion for judgment. A Big Legal...

Musk will head the newly-created White House advisory office named D.O.G.E. Its a play on the Texas techno kings love for Dogecoin and an acronym that stands for Department of Government Efficiency. DOGE Aims to Whip Inflation Now We either fix this or go de facto bankrupt https://t.co/hmjpx6uBfd The magnetic tech engineer has advised the once and future president Trump...

The US entities share of global Bitcoin reserves has reached an all-time high amidst increasing confidence in the asset class. The figure is now 65% higher than non-US entities, according to CryptoQuant CEO Ki Young Ju. This milestone is based on an analysis of Bitcoin holdings by identifiable US entities including miners, MicroStrategy (MSTR), ETFs, exchanges, and government accounts compared...

Before winning the 2024 presidential election in a landmark victory for the cryptocurrency sector, former president Donald Trump promised to establish a national Bitcoin reserve. As a result, crypto markets have been making big bets on Bitcoins price increasing throughout 2025. But Trump hasnt yet committed the federal government to making any new Bitcoin purchases. His more modest plan is...