Homebuilder Lennar Corp beats quarterly profit estimates
Homebuilder Lennar Corp on Wednesday beat analysts' estimates for second-quarter profit, helped by higher home prices as upbeat
2023-06-15 04:54
Citigroup’s CFO Warns 1,600 Job Cuts Will Boost Expenses This Quarter
Citigroup Inc. Chief Financial Officer Mark Mason said the firm’s recent job cuts will cause expenses to climb
2023-06-15 04:50
Tesla’s $240 Billion Rally Set to Collide With a Bearish Signal
Tesla Inc. shares snapped their record-setting 13-day winning streak Wednesday, as a hawkish stance from the Federal Reserve
2023-06-15 04:47
Argentina annual inflation hits 114% but monthly rate slows unexpectedly
By Jorge Otaola BUENOS AIRES Argentina's annual inflation rate topped 114% in May, but in a silver lining
2023-06-15 04:29
The Fed's stages of inflation grief, in Powell's words
By Howard Schneider WASHINGTON Federal Reserve policymakers reached a milestone on Wednesday when they left the U.S. central
2023-06-15 04:28
Mexican diver Diego Balleza opens OnlyFans account to pay for Olympics training
Diego Balleza is a prominent 10-meter diver and is used to wearing small swimsuits that show off his body
2023-06-15 04:17
Twitter to be evicted from Colorado office over unpaid rent
Elon Musk’s Twitter is set to be evicted from their office in Colorado after the social media platform failed to pay its rent, according to reports. A judge signed an order on 31 May giving law enforcement 49 days to kick Twitter out of the office at 3401 Bluff Street in Boulder, Colorado, reported The Denver Post. The company once had 300 employees at the 65,000sq-ft office, but it is unknown if anyone even still works there after sweeping job cuts made by the billionaire after he bought the company last October. Last year, Twitter fired 87 employees at the Boulder, with another 38 voluntarily resigning, according to a November notice to the Colorado Department of Labor and Employment. Twitter’s landlords filed a complaint for unpaid rent against the company on 12 May, with court papers stating that the platform leased four units in the building in February 2020. The landlord stated that a default notice to Twitter was ignored and they instead used a letter of credit deposited by Twitter as security for the offices to pay $968,000 in rent, the newspaper reported. The landlord then asked Twitter to replenish the security deposit but says that the company ignored the request. The platform was also sued last month by Boulder’s Avalanche Commercial Cleaning for around $93,500 for unpaid bills. A request for comment from The Independent received an auto-reply with a poop emoji from Twitter. Read More Elon Musk to launch biggest ever rocket after dramatic failure Elon Musk eyes ‘highly habitable’ planet that’s ‘practically next door’ Jack Dorsey says Indian government threatened to ‘shut Twitter down’ and raid staff homes Elon Musk is hilariously shut down by his ‘favourite’ podcast Elon Musk appears to side with Republican shamed for criticising Megan Fox’s parenting
2023-06-15 03:53
Citi CFO says expenses will grow on Q2 as consequence of 1,600 headcount reduction
NEW YORK Citigroup Inc in the second quarter will book severance costs associated with around 1,600 job cuts,
2023-06-15 03:45
Microsoft, Activision ask judge for speedy schedule in FTC challenge
WASHINGTON Microsoft and Activision Blizzard asked a U.S. judge on Wednesday to quickly schedule a case management conference
2023-06-15 03:20
Gulf Central Banks Hit Pause on Rate Hikes in Tandem With Fed
Central banks in the Gulf including Qatar and the United Arab Emirates followed the Federal Reserve’s decision to
2023-06-15 02:47
Traders Pull Back Wagers on Fed Interest-Rate Cut This Year
Bond traders are wiping out bets that the Federal Reserve will lower interest rates this year after the
2023-06-15 02:45
Instant View: Still-hawkish Fed pauses rate tightening after 10 straight hikes
NEW YORK The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections that
2023-06-15 02:27