Usa Financial News
05.10 / 21:19
Citi
Provident
Parke
Bill
Diamondback
cover
hearing
Wisconsin hearing considers $614M plan to fund Milwaukee Brewers stadium repairs
The architect of legislation to give the Milwaukee Brewers more than $614 million to cover repairs at American Family Field is defending the proposal to fellow lawmakers
05.10 / 21:19
Twitter
SEC
elon
US regulators
US regulators seek to compel Elon Musk to testify in their investigation of his Twitter acquisition
The Securities and Exchange Commission says it is seeking a court order that would compel Elon Musk to testify as part of an investigation into his purchase of Twitter, now called X
05.10 / 21:19
Cooper
Manufacturing
Fighting
Highways
Death
stage
Inside
The US government seems ready to order a recall of millions of air bag inflators for safety concerns
The U.S. government appears poised to order a recall of millions of air bag inflators due to a manufacturing flaw that could send metal shrapnel rocketing through a car interior
05.10 / 20:45
business
wallet
economy
Ledger
Ledger lays off 12% of staff, citing ‘macroeconomic headwinds’
Pascal Gauthier, CEO and chair of hardware crypto wallet manufacturer Ledger, has announced the firm will be reducing its staff by 12%.
05.10 / 20:45
Law
regulation
crimes
FTX
Court
'We allowed Alameda to withdraw unlimited funds' — Gary Wang at SBF trial
Gary Wang, the co-founder and former chief technology officer of cryptocurrency exchange FTX, was the latest witness to testify in the criminal trial of former CEO Sam “SBF” Bankman-Fried.
05.10 / 20:43
05.10 / 19:33
FIVE
CEO
NIFTY
Deloitte
performer
exclusive
Almost 50% of Nifty 50 CEOs, MDs earn over Rs 20 crore a year
Nifty 50 companies earned more than ₹20 crore in FY23, compared to one out of every four (27%) five years ago, a Deloitte study shared exclusively with ET has revealed. Also, half of the dozen promoter-incumbents earned more than ₹20 crore in FY23, compared to 33% in FY18. In comparison, of the 29 professional incumbents, 45% earned ₹20 crore-plus, up from 24% in FY23, according to the study.
05.10 / 19:33
Digital
Tesla
BURST
Highways
Death
performer
testing
Tesla engineer defends 'full self-driving' name at crash trial
Tesla engineer in court on Wednesday rejected a lawyer's suggestion that the company named its driver-assistant feature «Full Self-Driving» because it wanted people to believe that its systems had more abilities than was really the case. The electric vehicle maker is defending itself at the first US trial over allegations that Tesla's Autopilot feature led to a death. The lawsuit, filed in a California state court, alleges the Autopilot system caused owner Micah Lee's Model 3 to suddenly veer off a highway east of Los Angeles at 65 miles per hour (105 kph), strike a palm tree and burst into flames, all in the span of seconds.
05.10 / 19:33
Hollywood
UPS
CEO
Tesla
Healthcare
Celebrity
patient
Hollywood's blockbuster weight loss drugs are becoming all the rage among affluent Indians
Ozempic, Mounjaro and Wegovy, the revolutionary new drugs for weight loss used by the likes of Tesla CEO Elon Musk and Hollywood stars, have become all the rage among the country’s swish set, too. According to doctors and fitness experts, queries come in every other day from (well-heeled) patients, asking whether they can take the expensive, injectable drugs to shed those stubborn kilos. “It’s coming up in conversations everywhere. Patients ask me about it all the time,” says Ambrish Mithal, chairman and head of endocrinology, Max Healthcare. There are a lot of people interested in taking Ozempic because “the weight loss is so dramatic”, says Kiran Sethi, medical director, Isya Aesthetics.
05.10 / 19:33
UPS
MET
VISA
country
reports
India raises concerns with US over its ambassador’s visit to PoK
PoK) and called for respecting sovereignty and territorial integrity of the country. MEA spokesman Arindam Bagchi said India’s stand on the entire Union territory of Jammu and Kashmir being an integral part of India is well known. “We would urge the international community to respect our sovereignty and territorial integrity. We have raised our concerns about the visit of the US ambassador to Pakistan with his country (US side),” he told reporters. US Ambassador to Pakistan Donald Blome recently paid a six-day visit to Gilgit-Baltistan during which he visited different areas and met local representatives and Gilgit-Baltistan government officials also. On Canada, when asked who will ensure that Canadian visas, especially for students, are issued once staff is downsized by two-thirds, Bagchi said, “It is up to the Canadian side who they staff their missions with.
05.10 / 19:33
05.10 / 18:59
Law
regulation
crimes
FTX
Court
Sam
College roommate talked to Sam Bankman-Fried about FTX’s $8B hole on a paddle tennis court: Trial
On the third day of the criminal trial for Sam “SBF” Bankman-Fried, the former CEO’s roommate at MIT and FTX developer Adam Yedidia testified about the $8-billion deficit the crypto exchange reported prior to its bankruptcy.
05.10 / 18:59
markets
ETF
Grayscale
Futures
Bitcoin
Bitcoin Price
3 reasons why Bitcoin is struggling to rally above $28.5K
On Oct. 2, the price of Bitcoin (BTC) saw a 5.5% intraday increase to $28,600, but the largest cryptocurrency by market capitalization lost momentum as the highly anticipated launch of Ether (ETH) futures exchange-traded funds (ETFs) failed to generate significant trading volumes.
05.10 / 18:59
Ethereum
economy
inflation
Interest rates
interest rate
Bitcoin
2024
Macro factors to spark next crypto bull market in Q2 2024, Real Vision’s Raoul Pal says
The next crypto bull market is likely to kick off in Q2 2024, when the Bitcoin (BTC) halving is set to take place, says macro investor and Real Vision CEO Raoul Pal.
05.10 / 18:37
UPS
2020
reports
patient
medicines
symptoms
Ozempic linked to stomach paralysis, other gastrointestinal issues: UBC study
Popular weight loss drugs such as Wegovy and Ozempic, are associated with an increased risk of stomach paralysis, pancreatitis and bowel obstruction, according to a study released Thursday out of the University of British Columbia.
05.10 / 18:09
COST
Lowe's
Software
Moelis
Cocoon Data hires MA Moelis to sell secure-file-sharing business
Cocoon Data, a local encryption and data protection company, has put its secure-file-sharing business on the market as it pivots to focus its attention on a new API encryption service for software developers.
05.10 / 17:55
UPS
Citi
MAT
performer
Simone Biles led US Women's team wins Gymnastics World Championships. Here are details
Simone Biles led the US Women's team that won the Gymnastics World Championships for the seventh consecutive time. The US team of Simone Biles, Shilese Jones, Skye Blakely and Leanne Wong scored a total of 167.729 points to beat Brazil and France. They won by a margin of 2.199 points as the finals proved to be a close contest.
05.10 / 17:50
Citi
Southern
President
Shell
show
information
gatherings
Support
Nearly 50 European leaders stress support for Ukraine at a summit in Spain. Zelenskyy seeks more aid
Almost 50 European leaders are using a summit in southern Spain’s Granada to stress they stand by Ukraine at a time when Western resolve appears somewhat weakened
05.10 / 17:49
Citi
Provident
FIVE
Cooper
Action
country
gatherings
Developed nations pledge $9.3 billion to global climate fund at gathering in Germany
The German government says developed countries have pledged $9.3 billion to help poor nations tackle climate change
05.10 / 17:49
COST
UPS
Lowe's
pandemic
surges
Average long-term US mortgage rate surges to highest level since December 2000
The cost of financing a home surged again this week as the average long-term U.S. mortgage rate climbed to its highest level since December 2000, further dimming the affordability outlook for many would-be homebuyers
05.10 / 17:49
CEO
Tesla
Continental
Hyundai
President
country
travelers
Hyundai, Kia electric vehicles to use Tesla's NACS charging ports starting next year
Hyundai and Kia say they're adopting North American Charging Standard ports for their electric vehicles in the U.S. and Canada, which will give the vehicles access to thousands of Tesla Superchargers across the two countries and Mexico
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