Category: News
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Cars collect troves of data about traffic and road hazards. Should they share it?
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Jeff McMurray Published on September 8, 2024 • Read for 5 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content The secret to avoiding red lights during rush…
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Israel’s forex reserves hit record high in August
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The increase was mainly due to a revaluation process that increased reserves by about $4.243 billion, the Bank of Israel reported. Israel’s foreign exchange reserves at the end of August 2024 reached an all-time high of $217.377 billion, an increase of $3.743 billion over their level at the end of…
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RYBREVANT ® (amivantamab-vmjw) plus LAZCLUZE™ (lazertinib) show strong favorable overall survival trend versus osimertinib in EGFR-mutated advanced lung cancer
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New longer-term data from the MARIPOSA study confirm superior outcomes of chemotherapy-free RYBREVANT ® plus LAZCLUZE™ regimen compared to osimertinib monotherapy as first-line therapy Results from an interim analysis featured in late-breaker oral presentation at WCLC SAN DIEGO, Sept. 8, 2024 /PRNewswire/ — Johnson & Johnson (NYSE: JNJ) today announced…
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Nvidia’s $50 Billion Buyback Is Not a Reason to Buy the Stock Hand Over Fist. Here’s What I’m Concerned About.
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On August 28, Wall Street held its breath as the world’s most important artificial intelligence company reported second-quarter earnings. And I’m talking about Nvidia (NASDAQ: NVDA)Of course. While each member of the “The Great Seven“It is seen as an indicator of the direction of all things AI, and Nvidia has…
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SA Asks: Which defense stock is the best long-term investment? (NYSE:RTX)
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jetcityimage/iStock Editorial via Getty Images With geopolitical tensions showing no signs of abating in the near term, many investors are starting to rethink defense stocks. On Saturday, we asked our analysts: Which defense stock is the best short term investment right now? Question of the day He is: any Are…
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School phone bans under scrutiny after Georgia shooting
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Students huddled in classrooms for safety as they heard the sound of gunfire. Appalachian High School Students texted or called their parents to tell them what had happened and to send what they thought might be their last messages. One student texted her mother to say she loved her, adding:…
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Santander tightens hybrid working rules, urging staff back to the office
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Santander has tightened its hybrid working policy, instructing its UK office staff to work the equivalent of three days a week in its offices. In a recent update to its 10,000 employees, the Spanish-owned bank announced that its current policy of allowing employees to work two days a week at…
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Georgia school shooting highlights fears about classroom cellphone bans
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Andrew DeMello Published on September 8, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. FILE – A student uses his cell phone after opening…
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Mobileye hits record low as Intel mulls selling stake
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Advanced Driver Assistance Systems (ADAS) Mobily International Company Intel Corp. (NASDAQ: MBLY) shares fell sharply on Friday to a record low after reports that Intel is considering options to sell part of its 88% stake in the Israeli company to ease liquidity problems. The stock fell 8.5% to $11.55, giving…
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France asks EU to let it delay submitting budget deficit plan, La Tribune reports By Reuters
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PARIS (Reuters) – France has asked the European Commission to extend the deadline for submitting a plan to cut the public deficit beyond Sept. 20 to ensure consistency with Paris’s draft 2025 budget, La Tribune du Dimanche newspaper reported on Sunday, citing the finance ministry. France’s budget deficit could rise…
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SA Asks: Which defense stock is the best short-term investment? (NYSE:RTX)
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JHVEphoto As armed conflicts in the Middle East and Ukraine continue to escalate, investors may be evaluating whether to move more money into defense stocks. Despite the escalating tensions, defense stocks have had a mixed performance this year, with several well-known names lagging the S&P. 500. Which brings us to…
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Janet Yellen still sees a soft landing despite weak jobs report
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U.S. Treasury Secretary Janet Yellen said there were no “red lights flashing” in the financial system, and reiterated her view that the U.S. economy has reached a soft landing even with weak job growth. “For the U.S., the kinds of metrics that we watch that would summarize risks — whether…
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Janet Yellen still sees a soft landing despite weak jobs report
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U.S. Treasury Secretary Janet Yellen said there were no “red lights flashing” in the financial system, and reiterated her view that the U.S. economy has reached a soft landing even with weak job growth. “For the U.S., the kinds of metrics that we watch that would summarize risks — whether…
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Ex-Kenya Power manager seeks Sh42m for extended acting role
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A former Kenya Power manager has sued the company for Sh42 million, accusing the electricity distribution company of employing her on a temporary basis for six years. In a petition filed at the Employment and Labour Relations Tribunal, Zilpa Uma Ayara said her employer kept her in her position throughout…
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Four million pensioners face council tax hike as single-person discount under threat
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Millions of pensioners living alone could face higher council tax bills if Housing Minister Angela Rayner scraps the 25% single occupant discount, potentially exacerbating financial pressures as they also face losing winter fuel payments. The analysis reveals that around half of the 8.4 million people affected by the potential abolition…
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Singapore’s Oil Party Spoiled by Falling Prices and China Gloom
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Breadcrumbs Path Links PMN Business The oil party isn’t over yet – but for the top traders and executives gathering for talks and cocktails on rooftops in Singapore this week, the euphoria that came with the huge profits of recent years is fast fading. Article author: Bloomberg News Serene Cheung…
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Norway fund under growing pressure over Israel
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Norway’s sovereign wealth fund is considering tightening its ethical standards for investments and divesting from more global companies linked to Israel’s war in Gaza, Reuters reported, according to a letter seen by Reuters that the fund’s ethics board sent to the Norwegian finance ministry on Aug. 30. The fund, one…
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Musk’s xAI in talks for share in future Tesla revenue, WSJ reports By Reuters
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(Reuters) – Elon Musk’s artificial intelligence company XAI has held talks about a stake in Tesla’s future revenue in exchange for giving Musk’s electric carmaker access to XAI’s technology and resources, the Wall Street Journal reported on Saturday. Tesla will license xAI’s AI models to help power its full self-driving…