Granite Point Mortgage Trust declares $0.05 dividend
Granite Point Mortgage Trust declares $0.05 dividend #Granite #Point #Mortgage #Trust #declares #dividend
ChatGPT CEO talks Elon Musk feud, criticizes Biden admin AI regulation
OpenAI CEO Sam Altman and Anduril Industries co-founder and CEO Brian Schimpf discuss the future of AI and the ethical use of technology on ‘Making Money.’ OpenAI CEO and co-founder Sam Altman opened up about Elon Musk’s feud with him and his view of how regulations related to artificial intelligence (AI) development should be framed. Altman…
The New York Times Company Declares Regular Quarterly Dividend By Investing.com
NEW YORK–(BUSINESS WIRE)–The New York Times (NYSE:) Company’s Board of Directors today declared a regular quarterly dividend of $.13 per share on the Company’s Class A and Class B common stock. The dividend is payable on January 23, 2025, to shareholders of record as of the close of business on January 9, 2025. The New…
Bank of England keeps rates on hold as growth prospects dim
Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. The Bank of England has warned that stubborn inflation will prevent it from cutting interest rates quickly, as it kept monetary policy on hold despite downgrading growth prospects. In a six-to-three decision on Thursday,…
Trump is slamming the stopgap spending bill for being too expensive while simultaneously calling for a higher debt ceiling
Speaker of the House Mike Johnson, R-La., takes questions from reporters after presenting his final version of an interim pending bill to his caucus, at the Capitol in Washington, Tuesday, Dec. 17, 2024. President-elect Donald Trump has now abruptly rejected the bipartisan plan to prevent a Christmastime government shutdown. Instead, he’s telling House Speaker Mike…
GST Council may discuss inclusion of ATF under GST: Sources
The GST Council is deliberating the issue of including Aviation Turbine Fuel (ATF) under the Goods and Services Tax (GST) framework, Business Today TV has learnt from sources. As per the current tax structure, ATF is currently subject to an 11 percent central excise duty. A reduced rate of 2 percent is available under the…
Micron stock plummets as weak outlook overshadows AI opportunity
Micron (MU) stock plummeted more than 17% early Thursday on weaker-than-expected guidance for the current quarter despite burgeoning demand for AI chips. The memory chipmaker, which counts Nvidia (NVDA) as a major customer, said Wednesday it expects revenue between $7.7 billion and $8.1 billion for the quarter. Wall Street analysts had expected the company to…
Biggest stock movers Thursday: ACN, MU, MESO, and more
tadamichi/iStock via Getty Images Stock futures edged higher on Thursday, rebounding from the previous session’s losses, as the Federal Reserve forecasted persistent inflation and limited rate cuts in 2025. The outlook followed a widely expected quarter-point rate reduction by the central bank. Here are #Biggest #stock #movers #Thursday #ACN #MESO
Trump wants to roll back Biden’s EV push: here is how it would affect consumers
Boyden Gray PLLC partner Michael Buschbacher discusses concerns of an electric vehicle mandate on The Bottom Line. President-elect Trump is expected to unravel many of the green initiatives pushed through by President Biden when he returns to the White House, including rules aimed at incentivizing the production and purchase of electric vehicles (EVs). On the…
Israel keeps up Gaza bombardment as ceasefire talks intensify By Reuters
By Nidal al-Mughrabi CAIRO (Reuters) – U.S. and Arab mediators are working round-the-clock to hammer out a ceasefire deal between Israel and Hamas, sources close to the talks said, while in the Gaza Strip medics said Israeli strikes had killed 13 Palestinians on Thursday. The mediators, at talks in Egypt and Qatar, seek to forge…
Global shares fall after Fed signals slower pace of rate cuts
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global stocks and emerging market currencies sank on Thursday after the US Federal Reserve indicated it would cut interest rates more slowly next year to guard against any renewed threat of inflation. The quarter-point reduction…
Workers won’t accept less than $81,000 for a new job right now, New York Fed survey says
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Top entrepreneurs 2024: Radhakishan Damani tops Hurun India’s Self-Made Entrepreneurs list, followed by Zomato’s Deepinder Goyal
Radhakishan Damani, the founder of DMart, maintained the top position in the IDFC First Private & Hurun India’s Top 200 Self-Made Entrepreneurs of the Millenia 2024, with a valuation of Rs 3.4 lakh crore, marking a growth of 44%. Following closely behind is Deepinder Goyal’s Zomato, with a valuation exceeding Rs 2.5 lakh crore and…
Mark Cuban Calls Healthcare Pricing ‘Horrific’– Says Hospitals and Doctors Are ‘Sub Prime Lenders’ Forced To Raise Prices To Cover Losses
Mark Cuban Calls Healthcare Pricing ‘Horrific’– Says Hospitals And Doctors Are ‘Sub Prime Lenders’ – But He’s Proposing A Way To Fix Things Mark Cuban isn’t holding back when it comes to his thoughts on the U.S. health care system. On Bluesky, on Dec. 10, he laid out exactly why he thinks the system is…
Japan's Nov export growth accelerates to three-month high, while imports unexpectedly fall
Japan's Nov export growth accelerates to three-month high, while imports unexpectedly fall #Japan039s #Nov #export #growth #accelerates #threemonth #high #imports #unexpectedly #fall
Tennessee pizza shop faces backlash after declining to cater same-sex wedding
‘Bar Rescue’ host and restaurateur Jon Taffer details the wave of economic optimism in the food and service industry, and his latest business revamp missions. A pizza shop in Chattanooga, Tennessee, said it was a choice of “personal conviction” to not provide catering services for same-sex weddings after critics bashed it for the policy. Wood-fired…
Bain defies Fuji Soft board with plan to launch tender offer By Reuters
By Anton Bridge TOKYO (Reuters) -Bain Capital plans to launch a tender offer for Fuji Soft shares even without the approval of the target firm’s board of directors, the U.S. private equity firm said on Wednesday. The announcement came a day after the Japanese IT firm reaffirmed its support for the second stage of a…
Nissan and Honda hold merger talks
Nissan and Honda are in exploratory talks about a merger of the two carmakers that would create a $52bn Japanese behemoth, said people briefed on the matter. The two companies are studying a way to combine that would help them better compete at a time when traditional carmakers are grappling with fast-growing Chinese electric-vehicle manufacturers,…
Nissan and Honda consider merger to take on world’s biggest carmaker
Toshihiro Mibe, chief executive officer of Honda Motor Co., right, speaks next to Makoto Uchida, chief executive officer of Nissan Motor Co., during a joint news conference in Tokyo, Japan, on Thursday, Aug. 1, 2024. Kiyoshi Ota/Bloomberg via Getty Images #Nissan #Honda #merger #worlds #biggest #carmaker
Gautam Adani’s Ambuja makes power move with Sanghi, Penna merger
Adani Group-owned Ambuja Cements is doubling down on its cement empire. On Tuesday, the company announced the merger of its subsidiaries Sanghi Industries and Penna Cement Industries into its fold, aiming to streamline operations and solidify its market position. Under the proposed scheme with Sanghi Industries, shareholders will receive 12 Ambuja Cements shares for every…
Robert Kiyosaki Warns Baby Boomers Will Be ‘Biggest Losers’– Suggests Kids ‘Nudge’ Parents To Sell Their Homes, Stocks And Bonds ‘Now’
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Robert Kiyosaki Warns Baby Boomers Will Be ‘Biggest Losers’– Suggest Kids ‘Nudge’ Parents To Sell Their Homes And Assets Before It’s Too Late Robert Kiyosaki is nothing if not consistent. The Rich Dad Poor Dad author and self-proclaimed…