Snap Hires Google Ad Executive To Help Improve Ad Performance
Snap Inc, owner of photo messaging app Snapchat, said on Wednesday it has hired a former Google executive to help the tech company improve the performance of its digital ads.
Nvidia Enhances Mid-range Video Gaming Chip With AI Technology
Nvidia Corp said on Wednesday it is packing one of its mid-range chips for gamers with more artificial intelligence features to improve graphics, underscoring the importance of gaming for the company despite the segment's slowing revenue.
Intel To Work With Arm On Chip Manufacturing Compatibility
Intel Corp on Wednesday said its chip contract manufacturing division will work with U.K.-based chip designer Arm Ltd to ensure that mobile phone chips and other products that use Arm's technology can be made in Intel's factories.
Biden Administration Abortion Rule Seeks To Protect Women Crossing State Lines
The rule specifically prohibits the "use or disclosure" of private health information by a "regulated entity."
US Senator Tim Scott To Launch Presidential Exploratory Committee -report
Republican U.S. Senator Tim Scott plans to launch a presidential exploratory committee on Wednesday, a key step toward running for president in 2024, The Post and Courier newspaper in South Carolina reported late on Tuesday, citing sources.
Oil Steady After Surprise Build In U.S. Crude Stocks
Oil prices were little changed in early trading on Wednesday after industry data showed an unexpected build in U.S.
UK House Sales At Pre-COVID Levels After 'Mini-budget' Shock - Rightmove
British homes sales recovered to within a whisker of pre-pandemic levels in March, representing a recovery from September when the failed economic plan of former prime minister Liz Truss sparked turmoil across markets, a survey showed on Wednesday.
World Bank Chief Says Western European Countries Need To Help Fund Ukraine Reconstruction
The World Bank is ready to do its part in rebuilding Ukraine after the devastation of Russia's invasion, but international financial institutions cannot shoulder the sums involved alone and Western European countries will have to chip in, World Bank President David Malpass said on Tuesday.
BOC Aviation Awarded $406.2 Million Over Planes Stuck In Russia
A U.S. judge on Tuesday ordered Russia's largest cargo airline to pay aircraft lessor BOC Aviation Ltd $406.2 million after being declared in default on leases for three Boeing 747-8F planes following Russia's invasion of Ukraine.
G7 To Discuss Digital Currency Standards, Crypto Regulation
Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDC) consistent with appropriate international standards, Japan's top currency diplomat Masato Kanda said on Tuesday.
Yellen Optimistic China To Agree On Some Debt Restructuring Issues
The IMF, World Bank and India, the current president of the G20, are co-chairing the Global Sovereign Debt Roundtable with the goal of accelerating debt relief for countries in need.
Ex-Deutsche Bank Investment Banker Charged In US With Crypto Fraud
The banker allegedly misappropriated funds from investors after wooing them with promises of big returns from cryptocurrency trading.
Manhattan District Attorney Sues Republican Lawmaker Jordan Over Trump Case
The lawsuit aims to block a subpoena of Mark Pomerantz, a former prosecutor who had led the Manhattan district attorney's investigation of Trump.
NY Fed Report Sees Several More Years Of Balance Sheet Contraction
The Fed is now allowing just shy of $100 billion per month in bonds it owns to expire and not be replaced.
Credit Suisse, SEC Letters Show Months-long Reporting Errors Debate
Credit Suisse and the U.S. Securities and Exchange Commission (SEC) engaged in a months-long debate over the severity of reporting deficiencies that led the Swiss bank to delay its annual report last month.
OPEC's Share Of Oil Production Growth To Shrink This Year: EIA
U.S. retail gasoline prices are expected to average around $3.50 per gallon this summer, peaking between $3.60 per gallon and $3.70 per gallon in June.
Boeing Delivers 130 Planes In Q1, Beating Airbus By 3 Jets
Boeing on Tuesday announced 130 airplane deliveries over the first quarter of 2023, inching past rival Airbus, which delivered 127 jets.
US Cannabis Firm Greenlight Issues First Dividend To Shareholders
Cannabis company Greenlight said on Tuesday it has issued a dividend to its shareholders, calling the move a first by a large multi-state operator.
Oil Inches Up, Weighing OPEC+ Supply Cuts Against Rate Hike Fears
Oil prices edged higher on Tuesday as market participants weighed supply cuts from OPEC+ that would tighten the global market against concerns about further interest rate hikes potentially hurting demand.
Four Dead In Louisville Bank Shooting Were Suspect's Colleagues, Governor's Friends
The four people shot dead in a shooting on Monday in downtown Louisville, Kentucky, were all colleagues of the suspect who gunned them down, and two of them were close friends of Kentucky Governor Andy Beshear.
Senate Panel Urges US Chief Justice To Probe Trips By Thomas
Senate Judiciary Committee Democrats on Monday urged U.S.
U.S. Aims To Rally Allies To Up Pressure On Russia, Shore Up Ukraine Support
The U.S. government will seek to rally allies this week to ratchet up economic pressure on Russia over its invasion of Ukraine, and shore up support for Kyiv, a top U.S.
NY Fed Survey Finds Americans More Downbeat On Credit Access
Americans said last month that access to credit was at its toughest level in nearly a decade, as they also braced for higher levels of inflation over the next few years, a report from the New York Fed said Monday.
World Bank Chief Raises 2023 Global Growth Outlook Slightly, Eyes Debt Progress
World Bank Group President David Malpass said on Monday that the lender has revised its 2023 global growth outlook slightly upward to 2% from a January forecast of 1.7% but the slowdown from stronger 2022 growth will increase debt distress for developing countries.
Oil Edges Higher On Prospect Of Tighter Supplies
Oil prices nudged higher in early Asian trade on Monday, supported by the prospect of tighter supplies from OPEC+ producers from May, but concerns about the global economic outlook capped gains.
Tesla Recalls 422 U.S. Vehicles Over Suspension Part
Tesla said it has 25 warranty claims and 2 field reports since January 2019 which are related or could relate to the recall.
Black Unemployment Drops To 5%, Narrowing Racial Gap To Half-Century Low
Will historic gains for Black workers be eroded by the economic downturn?
Russia Likely Behind U.S. Military Document Leak, U.S. Officials Say
The documents appear to have been altered to lower the number of casualties suffered by Russian forces, the U.S. officials said.
Florida's DeSantis Picks Finance Director For Prospective Presidential Campaign
Florida Governor Ron DeSantis has chosen a finance director for his prospective presidential campaign, two sources close to DeSantis said on Thursday.
US, S. Korea, Japan Concerned Over N. Korea's 'Malicious' Cyber Activities
A new report released by the Treasury Department on April 6 said actors like North Korea were using decentralized finance (DeFi), a thriving segment in the crypto sector, to transfer and launder their illicit proceeds.