Author: Press Room
© Reuters. FILE PHOTO: SAG-AFTRA member Jim Kulick reacts as he and other SAG-AFTRA members walk the picket line on the 100th day of their ongoing strike, outside Paramount Studios in Los Angeles, California, U.S., October 20, 2023. REUTERS/Mario Anzuoni/File Photo LOS ANGELES (Reuters) – The SAG-AFTRA actors’ union reached a tentative agreement with Hollywood studios to resolve the second of two strikes that rocked the entertainment industry as workers demanded higher pay in the streaming TV era, the union said on Wednesday. Members of SAG-AFTRA walked off the job in mid-July asking for an increase in minimum salaries, a…
jetcityimage Eli Lilly (NYSE:LLY) on Wednesday said it had extended its tender offer to acquire Point Biopharma Global (NASDAQ:PNT), with the move coming just days after a major shareholder of the latter company opposed their $1.4B deal. LLY in early October said it had agreed to acquire cancer drug developer PNT for $12.50 per share in cash. PNT stock has since gained and last closed at $13.02, significantly above the deal price. “The tender offer, which was previously scheduled to expire at one minute past 11:59 p.m., Eastern time, on Nov. 9, 2023, has been extended until 5:00 p.m., Eastern…
A Minnesota iron foundry has been violating air emissions laws for at least five years, but the state agency responsible for enforcing air permits didn’t take action against the company, the Minneapolis Star Tribune reported Wednesday.The Minnesota Pollution Control Agency tested the air along the perimeter of Smith Foundry in Minneapolis in October 2022 and in April, according to the U.S. Environmental Protection Agency. The EPA said that both times, the state recorded high levels of particulate matter, which can cause heart attacks, asthmas and chronic health conditions.But it wasn’t until a surprise EPA inspection in May that federal regulators…
Amazon Flex was designed to be a side hustle to earn extra income. The gig requires your own vehicle and downloading the Flex app. Delivery drivers can earn between $18 to $25 per hour, according to the company. 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 More people are taking on side hustles as a way to earn extra income and set their own hours.Amazon Flex is one way to start a side hustle with just an app on your phone and a personal vehicle.The…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shares of UK chip designer Arm fell after its revenue forecast for the current quarter left Wall Street underwhelmed, in its first earnings report since going public in September. Arm on Wednesday forecast revenue of between $720mn-$800mn for the quarter, falling short of analyst expectations. It anticipates between $2.96bn-$3.08bn in full-year revenue.The shares were 6.8 per cent lower in after-market trading following the earnings release, taking them below the $51 a share initial public offering price.The Cambridge-based company reported a $110mn loss…
© Reuters. Sakuradamon Gate of the Imperial Palace stands in front of high-rise buildings in Marunouchi business district in Tokyo, Japan, June 1, 2021. REUTERS/Kim Kyung-Hoon/File Photo By Daniel Leussink TOKYO (Reuters) – Almost half of Japanese companies see the conflict between Israel and Palestinian militants Hamas potentially hitting their earnings, citing concerns about a further rise in oil and commodity prices, the latest Reuters corporate survey showed. On the issue of ending negative interest rates, which have been a key pillar of Japan’s central bank’s accommodative monetary policy, nearly half of Japanese firms said they expected it to happen…
© Reuters. FILE PHOTO: A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid/File Photo By Chuck Mikolajczak (Reuters) – The and Nasdaq eked out small gains on Wednesday to extend their recent winning streaks as investors weighed Federal Reserve officials’ recent comments for signals on the path of interest rates and focused on the direction of Treasury yields. U.S. Treasury yields have retreated sharply since the benchmark 10-year Treasury note topped 5% in late October, as comments from Fed officials and softer labor data led to…
© Reuters. Russian energy giant Gazprom (MCX:) is developing a comprehensive gas distribution strategy for Kazakhstan and Uzbekistan, according to Alexander Sternik from the Russian Foreign Ministry. The plan, which was still in progress as of Wednesday, involves modernizing the Central Asia – Center pipeline with advanced Russian technologies. This move aims to leverage reverse gas pumping from Kazakhstan to Uzbekistan, addressing the growing energy needs of these rapidly evolving economies. The initiative aligns with Gazprom’s 15-year cooperative venture, which seeks to broaden partnerships with Kazakhstan, Uzbekistan, and Kyrgyzstan. This development comes after Gazprom began gas routing to Uzbekistan via…
Wearable Devices plans for stock offering, size not disclosed; shares fall
Lawyers for former President Donald J. Trump asked an appeals court in Washington on Wednesday to throw out the gag order imposed on him in the federal case in which he stands accused of plotting to overturn the 2020 election, calling it an effort to “muzzle” a presidential candidate “at the height of his re-election campaign.”“No court has ever imposed a gag order on the political speech of a candidate for public office, let alone the leading candidate for president of the United States — until now,” D. John Sauer, a lawyer who is handling the appeal for Mr. Trump,…