Author: Press Room
PayPal names Suzan Kereere as President of Global Markets
The White House interns who sent an anonymous “demand” letter to President Biden and Vice President Kamala Harris for a ceasefire in the Israel war were mocked online.A group of 40 interns, who did not put their names on the letter, made headlines after they demanded the president and vice president push for a “permanent cease-fire” in the war between Israel and the Palestinian terrorist organization Hamas.”We, the undersigned Fall 2023 White House and Executive Office of the President interns, will no longer remain silent on the ongoing genocide of the Palestinian people,” the interns’ letter begins. “We are Palestinian,…
Officials in New South Wales say they’ve authorized the shooting of wild horses from helicopters.They’ve been given a task of eliminating some 14,000 wild horses at a national park in four years.Officials now say they’ll never meet their goal if they don’t introduce aerial shootings. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy. The New South Wales…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.In Sweden, the innate suspicion towards organised labour of a US tech entrepreneur has collided with Europe’s social model. The Swedish IF Metall union is in an escalating battle with Elon Musk’s Tesla over the carmaker’s refusal to sign a collective bargaining agreement, where employers and unions set labour conditions. The dispute has already spread to dockworkers in Norway and Denmark. Its implications for Tesla, unions and the auto industry stretch across Europe, and back home to the US.Under the Nordic labour…
© Reuters. FILE PHOTO: An aerial view shows containers and cargo vessels at the Qingdao port in Shandong province, China May 9, 2022. Picture taken with a drone. China Daily via REUTERS/File Photo BEIJING(Reuters) – China’s exports grew for the first time in six months in November, customs data showed on Thursday, suggesting the manufacturing sector may be beginning to benefit from an uptick in global trade flows. China’s exports increased by 0.5% in November from a year earlier, compared with a 6.4% fall in October and beating the 1.1% drop expected in a Reuters poll. Imports fell 0.6%, following…
© Reuters. FILE PHOTO: Test tubes are seen in front of a displayed Abbvie logo in this illustration taken, May 21, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Saqib Iqbal Ahmed NEW YORK (Reuters) – Trading in the options of Cerevel Therapeutics Holdings Inc experienced an unusual surge along with its stock price in the days before Wednesday’s announcement that AbbVie (NYSE:) would buy the drug developer in a multi-billion dollar deal. AbbVie said after the market close on Wednesday it would buy Cerevel for about $8.7 billion in a bid to replace revenue as its huge-selling arthritis drug Humira faces a…
JHVEPhoto Class A shares of Veeva Systems (NYSE:VEEV) on Wednesday fell as much as 7% in extended trading, after the company provided a sales outlook for the current quarter that came in below estimates, nearly a month after trimming its full year revenue guidance. VEEV stock was last down 3.3% to $172.55 after hours. Veeva (VEEV) reported FQ3 2024 adjusted earnings per share of $1.34, beating consensus by 5 cents. Revenue rose nearly 12% Y/Y to $616.51M, coming in-line with expectations. Pleasanton, Calif.-based VEEV provides cloud-based software solutions to primarily life sciences companies, along with firms in other industries such…
Chris Christie had had enough.After standing mostly silent for the first 25 minutes of the Republican presidential debate, Mr. Christie, the former governor of New Jersey, stepped into the spotlight — and in front of an attack on Nikki Haley by Vivek Ramaswamy — with the blunt force that has become his political trademark.“Let me tell you something,” Mr. Christie barked at Mr. Ramaswamy, waving his hand after Mr. Ramaswamy suggested Ms. Haley was lacking basic knowledge about the war in Ukraine. “This is the fourth debate that you would be voted in the first 20 minutes as the most…
Ron DeSantis as recently as a year ago was considered the most compelling contender for the presidency.His campaign has failed to meet that hype, and his debate strategy isn’t helping.The only times Ron DeSantis is seen on American television is debating people who won’t be president. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Florida Gov. Ron DeSantis was the stuff of Democrat’s nightmares as recently as a year ago.The figure he cut was fearsome: a pugnacious governor who turned a perennially purple peninsula…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tech workforces inflated during the pandemic were cut to ribbons this year. More than 250,000 lay-offs have been announced in the year to date, according to online data aggregator Layoffs.fyi. Further cutbacks came from job listing removals and decisions to not replace workers who left. In the past two months companies including Nokia, Broadcom, LinkedIn and Twilio have all announced cuts. This week music streaming services Spotify and Tidal joined the group. Spotify’s plan to cut its headcount by 17 per cent is…