State California Financial News
02.03 / 12:35
02.03 / 11:31
COST
UPS
awards
Southern
Trade
Indian billionaire's 21-year old sibling rivalry costs him one of US's highest payout- ₹20,000 crore
Haresh Jogani to pay his brothers Shashikant, Rajesh, Chetan and Shailesh Jogani more than $2.5 billion in damages and to divide up shares of their Southern California property empire — about 17,000 apartments worth billions more. The trial, over allegations that Haresh breached a longstanding partnership with his siblings, continues with a punitive damages hearing Monday that could add to the award. The 2003 lawsuit already has been through 18 appeals, generations of attorneys and five judges in Los Angeles Superior Court.
02.03 / 01:17
FIVE
NVIDIA
Research
DELL
testing
Chipmaker Nvidia surges past Saudi Aramco, becomes world's third-largest company
Nvidia's stock added 4 per cent after Dell, which sells high-end servers made with Nvidia's processors, gave an upbeat forecast late on Thursday, pointing to a surge in orders for its AI-optimized servers. The Nasdaq 100 climbed almost 1.5 per cent, a gauge of chipmakers jumped over 4% and Nvidia Corp. led gains in megacaps.
01.03 / 20:35
Worldcoin
OpenAI
Worldcoin Price Dips as Elon Musk Sues OpenAI and Sam Altman
On Thursday, the price of Worldcoin’s WLD token dipped following news of Elon Musk’s lawsuit against OpenAI and its CEO, Sam Altman, alleging a breach of their nonprofit agreement.
01.03 / 19:40
UPS
Provident
President
Pregnancy
reports
patient
CVS and Walgreens plan to start dispensing abortion pill mifepristone soon
abortion pill in a few states within weeks. CVS Health will start filling prescriptions for mifepristone in Rhode Island and neighboring Massachusetts “in the weeks ahead," spokeswoman Amy Thibault said Friday. Walgreens will begin dispensing the medication within a week, spokesman Fraser Engerman said.
01.03 / 17:33
markets
UPS
Apple
Research
AAPL
reports
International
Apple reportedly cancels electric car project: What this means for AAPL stock
Investing.com — Apple's reported decision earlier this week to scrap its plans to create an electric car could help boost the tech giant's push to develop its artificial intelligence capabilities, an analyst at Edward Jones has told Investing.com.
01.03 / 13:09
Waters
CEO
ICE
wellness
show
Videos
Shirtless US Senate candidate submerges himself in Wisconsin lake, issues challenge to opponent
A shirtless candidate for U.S. Senate broke through the ice of a Madison lake hoping to pour cold water on any notion that he’s a soft Californian, not a hardy Wisconsinite
01.03 / 10:39
Twitter
Platform
Research
Trade
social
reports
Courts
Musk's X asks judge to penalize nonprofit researchers tracking rise of hate speech on platform
Attorneys for X Corp. and a research organization that studies online hate speech have traded arguments in court in a legal battle over the organization's reports on the increase in hate speech on the site since it was purchased by Elon Musk in 2022
01.03 / 10:39
Puzzle
Food
Bill
Universities
reports
donates
Investigations
California governor pushes back against criticism of fast food minimum wage law
California Gov. Gavin Newsom is denying a news report that he pushed for an exception to the state's fast food minimum wage law that benefits a donor
01.03 / 07:27
UPS
FIVE
BURST
awards
Trade
Courts
Billions awarded in Indian brothers’ LA real estate court feud
legal feud involving five brothers from India who’ve amassed a fortune in diamonds and Los Angeles real estate burst into public view this week with a multibillion-dollar US verdict that may be among the largest of the decade. After a five-month trial, a jury ordered Haresh Jogani to pay his brothers Shashikant, Rajesh, Chetan and Shailesh Jogani more than $2.5 billion in damages and to divide up shares of their Southern California property empire —about 17,000 apartments worth billions more.
01.03 / 02:27
Twitter
Digital
Platform
Tesla
Courts
Videos
US judge signals Elon Musk's X may lose case against hate speech watchdog
Japan birth rate hit record low levels amid depopulation fears, Elon Musk reacts U.S. District Judge Charles Breyer was skeptical that when the nonprofit entered the standard user contract governing all Twitter and X users, it could have foreseen that Musk would buy Twitter for $44 billion in 2022 and welcome back users it had banned for posting hateful content. "You're telling me ...
29.02 / 21:29
29.02 / 19:19
29.02 / 19:19
FIVE
Fox
CEO
Strategy
Citigroup
reports
Department
Citigroup to cut nearly 300 jobs amid layoff spree
Check out what's clicking on FoxBusiness.com
29.02 / 19:09
UPS
Citi
Election
Nov
community
gatherings
Schools
A billionaire-backed campaign for a new California city is off to a bumpy start. Again
A billionaire-backed proposal to build an eco-friendly California city from scratch is off to a bumpy start to put their idea before voters this November
29.02 / 16:53
markets
UPS
economy
show
reports
Department
jobless claims
Jobless claims jumped more than expected last week
KPMG chief economist Diane Swonk reacts to the surprising January jobs report and discusses the impact of the Fed's next rate move on 'Making Money.'
29.02 / 13:56
markets
Target
DOW
Trade
track
reports
Department
Stock market today: Wall Street inches down ahead of inflation report closely watched by Fed
Wall Street is poised to open with modest losses but is still on track for a winning February, despite a lackluster finish to the month
29.02 / 13:56
UPS
CEO
NVIDIA
Research
wellness
President
Humanoid robot-maker Figure partners with OpenAI and gets backing from Jeff Bezos and tech giants
ChatGPT-maker OpenAI is looking to fuse its artificial intelligence systems into the bodies of humanoid robots as part of a new deal with robotics startup Figure
29.02 / 13:11
UPS
FIVE
Death
Research
Universities
country
prevention
New study links improved air quality to decreased suicide rates
suicide rates, according to a study conducted in China. Researchers at the University of California, Santa Barbara, estimate that China's efforts to reduce air pollution have prevented 46,000 suicide deaths in the country over just five years. The team used weather conditions to tease apart confounding factors affecting pollution and suicide rates, arriving at what they consider to be a truly causal connection. The results, published in the journal Nature Sustainability, unearth air quality as a key factor influencing mental health.
29.02 / 12:13
29.02 / 07:15
Adobe
Software
Research
Universities
innovations
Videos
Adobe's new Gen AI offering will allow you create and edit music. Here's how it works
AI-powered innovation seems to emerge with every passing day, and in the latest iteration of this sequence, Adobe announced on Wednesday that it is working on a new proprietary tool called Project Music GenAI Control, which will allow users to create music using only text prompts and also edit these clips without having to use dedicated software. Explaining the idea behind the new AI tool, Adobe's head of audio and video AI research, Gautham Mysore said (as quoted by TechCrunch), “So this really gets the idea of, AI is generating music with you in the director’s seat and there’s a bunch of things you can do with it…[The tool is] generating music, but it’s [also] giving you these various forms of control so you can try things out.
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