Oil prices appeared headed for a weekly loss on Friday despite recovering some from a retreat on Thursday as markets reacted to concerns that elevated inflation could continue to stick around and hurt demand. U.S. West Texas Intermediate (WTI) crude futures were up 1.13% to $77.74 as of 3:24 p.m. ET, while the Brent crude […]
Jane McAlevey Mercedes put on an “A-level boss fight.” Which was only to be expected. So how can the union win next time?
Last Friday, workers at a Mercedes-Benz vehicle factory in Alabama voted by a 55%-45% margin in favor of free market capitalism and against big unions. The final vote, according to the National Labor Relations Board, was 2,045 votes for the union and 2,642 against. The workers voted against the UAW, in part because they were […]
Bilibili (BILI) delivered earnings and revenue surprises of 11.76% and 2.08%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Key CSP technical staff gave a ringing endorsement to the potential for AI to transform network operations, with a clear majority of those quizzed by networking systems provider Ciena backing the sector’s ability to generate revenue from the technology.
Paytm warned of job cuts and said it would trim non-core assets after reporting its first sales decline on record, reflecting fallout from a regulatory probe that curtailed much of the Indian fintech pioneer’s business.Once a role model for India’s nascent startup economy, Paytm’s net losses swelled several-fold to 5.5 billion rupees ($66.1 million) for the three months through March. The company known as One 97 Communications Ltd. reported a 2.6% slide in revenue to 22.7 billion rupees — the...
The Crimson Tide fell in the single-elimination round of the SEC Tournament.
Nexxen International Ltd. (NEXN), a global advertising technology company specializing in video and Connected TV (CTV) advertising, today released its financial results for the first quarter ended on March 31, 2024.
Trump Media & Technology Group, the company that owns Truth Social, on
Earlier this month, the company fired an auditor that federal regulators recently charged with “massive fraud.”
Fintech major Paytm's losses widened to Rs 550 crore in the fourth quarter ended March 2024. The same stood at Rs 169 crore in the last year quarter.Revenue from operations in the reporting quarter fell 3% year-on-year (YoY) to Rs 2,267 crore, compared with Rs 2,334 crore in the same quarter of the previous year.The company's fourth-quarter results were impacted by temporary disruptions on account of the UPI transition and permanent disruption because of the Paytm Payments Bank embargo.MORE TO...
Trump Media, the parent company of Donald Trump's Truth Social, debuted on