Times News Network
Meta has threatened to shut down Facebook and Instagram in Europe if it is not able to transfer, store and process EU data on its US-based servers – despite the social media giant making $ 6.8billion a year on the continent in advertising revenue. The social media company warned it could walk away from countries … Read More “Meta could SHUT DOWN Facebook and Instagram in Europe if it can not process EU data on US servers” »
Phil Wahba Phil Wahba will now be cover management, focusing on the development of the C-suite and executive salaries and other stories. Wahba covered past leadership and retail with its award-winning features, including a study of how private equity transformed the retail sector. He is also co-chair of Fortune Connect, a membership program for the … Read More “Wahba to cover leadership of Fortune magazine” »
Plea to initiate insolvency proceedings has been admitted after three years of back-and-forth between lenders, the company and the court. The Chennai bench of the National Company Law Tribunal (NCLT) has admitted State Bank of India (SBI)’s plea to initiate insolvency proceedings against power producer Coastal Energen after three years of back-and-forth between lenders, the … Read More “NCLT admits SBI’s insolvency plea against Coastal Energen” »
Text size Photograph by Justin Sullivan / Getty Images Clorox stock had erased its pandemic-era gains last week after the maker of disinfectant wipes and other cleaning products reported second-quarter earnings that missed analysts’ expectations. Now Citi analysts think the stock is a buy at this level. In a research note on Monday, analyst Wendy … Read More “Clorox Has ‘Cleared the Deck.’ Why the Stock Is a Buy at These Levels.” »
Bomb Crypto Reaches New Milestone: 800K Holders Bomb Crypto has proven itself to be a successful crypto game. First of all, it managed to establish functional gameplay, though the idea itself is not particularly groundbreaking, and an attractive pixel graphic style. Secondly, it has helds its place amongst the top spots of DappRadar for quite … Read More “Bomb Crypto Reaches New Milestone: 800K Holders By DailyCoin” »
Changes in banking rules mean drivers will be caught by a 100-fold increase in the approval fee for payment by pump. Motorists refueling their cars at Morrison petrol stations are facing a new £ 100 waiting for their bank card. The supermarket has recently raised the pre-approval fee on its pay-by-pump service from £ 1 … Read More “Drivers warned of a new £ 100 charge at Morrison’s petrol pumps” »
Tammy Audi New York Times national editor Jia Lynn Yang sent out the following on Monday: I’m very excited to announce that Tammy Audi will be joining National as enterprise editor. Tammy joins us from The Wall Street Journal, where since 2018 she has been the deputy on the Journal’s Enterprise desk (formerly known as … Read More “NY Times hires WSJ’s Audi as enterprise editor” »
The bank’s recovery of bad debts increased by 111 per cent to Rs 278 crore in the quarter. Indian Bank on Monday reported 34 per cent jump in standalone profit after tax (PAT) at Rs 690 crore for December quarter 2021-22 helped by higher non-interest income. The state-owned lender had reported a PAT of Rs … Read More “Indian Bank Q3 profit jumps 34 per cent to Rs 690 crore” »
Kohl’s rejection of two takeover bids and implementation of a poison pill last week appears just an opening round of a hostile battle for control of the business. The Menomonee Falls, Wisc.-based value department store chain on Friday rejected a bid by Acacia Research Corp., which is controlled by activist hedge fund Starboard Value LP, … Read More “Kohl’s Rejects Takeover Bids, Counteroffers Expected” »
ImagineGolf / E + via Getty Images Crescent Point Energy (CPG -1.7%) looking to sell some of its assets in Alberta and Saskatchewan, potentially fetching C $ 500M (US $ 394M), Reuters reports. Crescent is said to be offering the assets, which combined produced ~ 10.5K boe / day in Q4, for sale in three … Read More “Crescent Point Energy eyes sale of some oil and gas assets – Reuters (NYSE: CPG)” »
