Category: News
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Delta sues cybersecurity firm CrowdStrike over tech outage that canceled flights
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ATLANTA (AP) — Delta Air Lines Inc. filed a lawsuit against CrowdStrike on Friday, alleging the cybersecurity company took shortcuts and caused technology outages around the world that led to the cancellation of thousands of flights in July. The airline is seeking compensatory and punitive damages stemming from the outage,…
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A 38-year-old with $38,000 in student debt tells other generations, ‘I highly recommend finding a way to avoid taking out loans’
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Millions of Americans have begun paying off their debts Federal student loans And again last October, with monthly payments averaging hundreds of dollars a month. Borrowers had to start cutting expenses, taking on additional work, and looking for options to reduce their monthly payments. Megan McClelland, 38, said last year…
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Supreme Court rejects KeNHA appeal in Southern by-pass land row
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The Kenya National Highways Authority (KeNHA) has lost an application seeking to escalate a Sh413 million compensation to the High Court as the High Court ruled that no constitutional issues were raised in the matter, requiring interpretation. The five-judge bench headed by Deputy Chief Justice Philomena Mwilo dismissed KeNHA’s application,…
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Landmark Court of Appeal Ruling Promises £21bn Payout for Motor Finance Mis-Selling Victims
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In a groundbreaking victory for consumer rights, the Court of Appeals ruled in favor of the plaintiff in Johnson v. Firststrand Bank, setting a historic precedent in the auto finance industry. The ruling, upheld by Sentinel Legal and HD Law, holds lenders liable for the mis-selling of personal contract purchase…
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KP Tissue Announces Senior Unsecured Notes Financing and Intention to Redeem 6.00% Notes Due April 2025
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on October 25, 2024 • 4 minutes…
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Nvidia Stock Could Soar Another 38%, According to 1 Wall Street Firm
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Nvidia (Nasdaq: NVDA) It has been in scintillating form in the stock market in 2024, reaching gains of nearly 180% as of this writing. This is due to the strong growth recorded by the company in recent quarters due to strong demand for graphics cards deployed in artificial intelligence (AI)…
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Stock market today: The owner of Versace and Jimmy Choo just lost half its value in 24 hours—and Wall Street ended its six-week winning streak
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Wall Street called off a six-week winning streak at the market close on Friday, with Treasury yields rising and investors grappling with soaring valuations amid mixed earnings. One of the biggest losers on Friday was Capri Holdings Ltd., which lost nearly half its value after a federal judge blocked its…
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Court freezes Sh96bn Ketraco-Adani electricity transmissions lines deal
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The Supreme Court has barred the government from signing a Sh95.68 billion deal to build electricity transmission lines for Adani Energy Solutions Limited, a subsidiary of India’s Adani Group. The Law Society of Kenya (LSK) has obtained an order charging the government with signing the Special Project Agreement with Adani…
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Lord Bamford’s £300m family windfall from JCB raises questions amid potential wealth tax
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Lord Bamford and his family have received a £300m windfall from their JCB business empire, after a strong year for the construction equipment manufacturer that saw profits rise 44% to £805m in 2023, according to latest accounts. This large dividend was approved by Bamford in late May, shortly after the…
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Gold Fields Completes Acquisition of Osisko Mining
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on October 25, 2024 • 5 minute…
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What’s Going On With Nvidia, AMD And Other Chip Stocks On Friday?
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Chip stocks, incl Nvidia company (NASDAQ: NVDA), Advanced Micro Devices Company (NASDAQ:AMD), Broadcom Company (NASDAQ:AFGO), Micron Technology Corporation (NASDAQ:MO), Taiwan Semiconductor Manufacturing Company (NYSE: TSM), Intel Corporation (NASDAQ:INTEC), Monolithic Power Systems, Inc (NASDAQ:MPWR), Marvell Technology Company (NASDAQ: MRVL) and On the semiconductor company (NASDAQ:ON), is trading higher on Friday. This…
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TikTok’s ‘October Theory’ can make you more successful and happy by the end of the year
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October screams of falling leaves, pumpkin patches, and horror movies. While many people use the month to start making holiday wish lists and Thanksgiving to-dos, a growing group of influencers see it as a natural time to reset. Sure, it may seem too early to talk about New Year’s resolutions.…
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TikTok’s ‘October Theory’ can make you more successful and happy by the end of the year
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October screams of falling leaves, pumpkin patches, and horror movies. While many people use the month to start making holiday wish lists and Thanksgiving to-dos, a growing group of influencers see it as a natural time to reset. Sure, it may seem too early to talk about New Year’s resolutions.…
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Three startups bag Sh4.95m TotalEnergies funding
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Three Kenyan startups have secured Sh4.95 million in funding following an entrepreneurship competition organized by French oil marketing company TotalEnergies. Victor Mwaura won in the Innov’Up category for his Midas City project, which transforms metal into bespoke 3D art and provides bespoke design products and services tailored to businesses and…
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Three startups bag Sh4.95m TotalEnergies funding
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Three Kenyan startups have secured Sh4.95 million in funding following an entrepreneurship competition organized by French oil marketing company TotalEnergies. Victor Mwaura won in the Innov’Up category for his Midas City project, which transforms metal into bespoke 3D art and provides bespoke design products and services tailored to businesses and…
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Economists and Activists Call on Rachel Reeves to Introduce Wealth Tax in Inaugural Budget
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Chancellor Rachel Reeves is facing renewed calls to introduce a wealth tax, with economists, climate campaigners and high-net-worth individuals urging her to impose a tax on the UK’s wealthiest citizens to help fund essential public services and accelerate the transition to net zero. . In an open letter to the…
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Economists and Activists Call on Rachel Reeves to Introduce Wealth Tax in Inaugural Budget
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Chancellor Rachel Reeves is facing renewed calls to introduce a wealth tax, with economists, climate campaigners and high-net-worth individuals urging her to impose a tax on the UK’s wealthiest citizens to help fund essential public services and accelerate the transition to net zero. . In an open letter to the…
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Collective Mining Increases Previously Announced Bought Deal Financing to C$35 Million
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Oct 25, 2024 • 6 minute…
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Collective Mining Increases Previously Announced Bought Deal Financing to C$35 Million
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Oct 25, 2024 • 6 minute…
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US Stock Futures Trim Weekly Drop; Treasuries Gain: Markets Wrap
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(Bloomberg) — U.S. stock futures pointed to gains at the Wall Street open as investors looked past a jump in borrowing costs that cooled market sentiment earlier in the week. Most read from Bloomberg Contracts on the S&P 500 rose 0.3%, suggesting the underlying gauge may pare its first weekly…