State California Financial News

21.09 / 17:13

crypto regulation Crypto Adoption businesses California Revisits Stringent Licensing for Crypto Businesses with New Bill AB 39 - Here's What You Need to Know

California is once again taking steps to tighten crypto regulation with a new bill, AB 39, introduced on Tuesday.

21.09 / 16:41

COST Amazon Google performer cover AstraZeneca AstraZeneca cuts bonus for working at home, worker files lawsuit

AstraZeneca Plc has been sued in South Carolina by a former senior director who claimed that the company refused to pay her over $125,000 in bonuses because she worked from home in 2022. In the lawsuit, Elmarie Bodes, who was AstraZeneca’s senior director of business transformation until January, said that the drugmaker owed her a $124,443 performance bonus and stock options worth $65,000. Bodes claimed that the company told her because she worked entirely from home last year and did not come to the office at least three days a week, her performance bonus would be cut in half and she would also not get the stock options.

21.09 / 14:59

Lowe's Reuters Ford Manufacturing reports Department Low Weekly jobless claims US weekly jobless claims, continuing claims at eight-month low

By Lucia Mutikani

21.09 / 11:09

UPS economy AXA Allianz Pinnacle reports Investors urge policymakers to aid $275T for net zero

An influential group of institutional investors has called on governments to remove policy barriers to help unleash an estimated $275 trillion in new clean-energy investments over the next three decades.

21.09 / 00:39

Digital VISA Platform Parke country travelers E-visa startup Atlys raises $12 million from Elevation Capital, Peak XV, others

Atlys on Wednesday said it has raised $12 million in a Series A funding round led by Elevation Capital and Peak XV Partners, formerly Sequoia Capital India. The round also saw participation from existing investors Andreessen Horowitz (a16z), musical duo Chainsmokers, South Park Commons, Pinterest Founders, among other investors, as per a statement.

20.09 / 21:57

CBDC Central Bank Maxine Waters Slams Republican Bill Hindering U.S. Progress on CBDC

The U.S. House Financial Services Committee is currently a battleground for discussions concerning the possible launch of a Central Bank Digital Currency (CBDC) by the Federal Reserve.

20.09 / 21:19

Provident Career UBS RBC reports UBS advisor managing $435M moves to RBC Wealth Management

RBC Wealth Management has recruited a financial advisor who oversaw $435 million in client assets at UBS,the firm announced Wednesday.

20.09 / 17:31

UPS Target Action Nov President country NOT UN chief urges world not to yield to 'naked greed' of fossil fuel interests

By Valerie Volcovici

20.09 / 15:03

Citi FIVE Man Action Netflix Parke social park Netflix can be sued by ex-Central Park Five prosecutor for defamation

Netflix was ordered by a federal judge to face a defamation lawsuit by best-selling author and former Manhattan prosecutor Linda Fairstein over her portrayal in a 2019 crime drama about the Central Park Five case. US District Judge Kevin Castel on Tuesday said Fairstein plausibly alleged that Netflix, director Ava DuVernay and writer-producer Attica Locke acted with actual malice as to five scenes in «When They See Us.»

20.09 / 09:37

business FTX Stanford University crypto donations Stanford to return millions in crypto donations from FTX

The California-based university Stanford University said it plans to return all funds it received from the now defunct cryptocurrency exchange FTX, according to a report from Bloomberg.

20.09 / 06:29

COST UPS FIVE Citizens Hawaiian cover Homeowners face rising insurance rates as climate change makes wildfires more common

A growing number of Americans are finding it difficult to afford insurance on their homes, a problem only expected to worsen because insurers and lawmakers have underestimated the impact of climate change, a new report says

20.09 / 04:11

Manufacturing CEO NVIDIA Intel Gartner Mint Explainer: Why Intel is betting on siliconomy, AI-enabled PCs

market capitalization to more than $1 trillion. Intel Inc. does not want to be left behind in the AI race, as was evident during the Intel Innovation 2023 event that began on 19 September in San Jose, California.

20.09 / 04:09

Williams CEO Action show Fried Sam Arguments to free FTX founder Sam Bankman-Fried get rough reception from federal appeals panel

A federal appeals court in Manhattan seems unreceptive to arguments that FTX founder Sam Bankman-Fried should be released before his trial starts in two weeks

20.09 / 04:09

COST UPS Citi RIG California truck drivers ask Gov. Newsom to sign job-saving bill as self-driving big rigs are tested

California lawmakers and union leaders are asking Gov. Gavin Newsom to sign a bill that would save jobs as large self-driving trucks are tested on public roads

20.09 / 03:03

Digital Fox Platform Trump debate Donald Trump's rivals need to take him on forcefully at next Republican presidential debate, moderator says

Simi Valley, California. "If you're a supporter or a donor of one of these candidates, you want to see a breakout moment," she said.

20.09 / 02:43

COST track US President NOT US President Joe Biden's son Hunter Biden to plead not guilty to federal firearms charges say lawyers

federal firearms charges filed after the collapse of a plea deal in a long-running federal investigation, his lawyers said Tuesday in court documents. Biden is accused of lying about his drug use when he bought a firearm in October 2018, during a period when he has acknowledged struggling with addiction to crack cocaine.

19.09 / 21:45

Provident Amazon Aware Google TikTok information California law restricting companies' use of information from kids online is halted by federal judge

A federal judge has halted implementation of a California law intended to restrict companies’ use of information gathered from young internet users in order to protect the privacy of minors

19.09 / 19:27

Waters Action Fighting Parke Nestle band California may limit how much company behind Arrowhead bottled water can draw from mountain springs

California officials may vote Tuesday to slash how much water a major bottling company can pull from a watershed in the San Bernardino National Forest

19.09 / 19:27

Disney Entertainment Parke Adventure track star Disney pouring $60 billion into theme parks, cruises over the next 10 years

The Walt Disney Co. is planning to invest approximately $60 billion into its theme parks and cruise lines over the next decade, as the company looks to continue growing one of its more successful business segments

19.09 / 17:31

UPS Manufacturing CEO Racing Tesla country Courts Factbox-Tesla courts interest from Turkey to India for next gigafactory

(Reuters) — Tesla (NASDAQ:TSLA)'s plan to expand its global manufacturing footprint has sparked a race among some countries to woo CEO Elon Musk and secure billions in investment dollars.

19.09 / 11:35

Apple audience actress Apple trolled for serving plastic-wrapped cookies at Wonderlust: this is what happened

Apple’s wide environmental claims and the guest appearance of “Mother Nature” aka Oscar-winning actress Octavia Spencer earned Cupertino the title of environment protector. Mother Nature’s cameo has been received with mixed reactions, some calling it grand, while the other section simply labelling it cringe. Quite valid, the audience is a term, best defined as heterogeneous.

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