Month: March 2024
NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent
The New York Community Bank (NYCB) headquarters in Hicksville, New York, US, on Thursday, Feb. 1, 2024. Bing Guan | Bloomberg | Getty Images New York Community Bank said Thursday it lost 7% of its deposits in the turbulent month before announcing a $1 billion-plus capital injection from investors led by former Treasury Secretary Steven […]
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European Central Bank retains premiums, hints at June cut as it trims inflation forecast
The European Central Bank on Thursday lowered its once-a-year inflation forecast, as its confirmed a commonly expected keep of curiosity charges. ECB President Christine Lagarde, meanwhile, instructed market pricing for a June amount lower was coming into line with policymakers’ outlook. Staff projections for inflation in 2024 were up to date to an typical 2.3% […]
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Cigna launches effort to cap employer insurance plan spending on weight loss drugs
Injection pens of Novo Nordisk’s weight-loss drug Wegovy are shown in this photo illustration in Oslo, Norway, Nov. 21, 2023. Victoria Klesty | Reuters Cigna on Thursday unveiled a new effort to expand insurance coverage for weight loss drugs by limiting how much health plans and employers spend on the highly popular treatments each year. […]
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Salesforce announces new AI applications for doctors
Salesforce headquarters in San Francisco, California, US, on Wednesday, Nov. 29, 2023. David Paul Morris | Bloomberg | Getty Visuals Salesforce on Thursday announced new knowledge and synthetic intelligence remedies for health and fitness-care personnel that could assistance reduce their burdensome administrative workloads. The very first instrument is called Einstein Copilot: Overall health Actions, and […]
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Barbie is the blueprint as Mattel seeks to revitalize American Girl, Fisher-Price
Margot Robbie is Barbie in Warner Bros.’ “Barbie.” Warner Bros. If there’s one thing Mattel CEO Ynon Kreiz wants shareholders to take away on Thursday, it’s the power of Barbie. As the toymaker faces activist pressure from Barington Capital, particularly around its strategy with the Fisher-Price and American Girl brands, it’s putting forth Barbie as […]
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The AI market is pushing a nuclear ability revival — partly to fuel itself
OpenAI CEO Sam Altman addresses a speech in the course of a assembly, at the Station F in Paris on Could 26, 2023. Joel Saget | AFP | Getty Images Tech corporations and Silicon Valley billionaires have been pouring money into nuclear electrical power for years, pitching the sustainable electric power source as important to […]
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Don't be enticed by the gold rally, pro claims: Buyers 'obtain gold and hope it doesn't go up'
Andriy Onufriyenko | Minute | Getty Visuals 1 valuable way to believe about the the latest gold rally: it’s a situation of schadenfreude. The yellow steel does properly when other belongings — and the environment — are in hassle. As a final result, potential customers ought to proceed with warning, authorities say. Be geared up […]
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Big Tech goes from 'teen' to ⟞veloped-up' beneath landmark EU law. Right here's what you require to know
The logos of Google, Apple, Fb, Amazon and Microsoft exhibited on a cell phone with an EU flag pictured in the qualifications. Justin Tallis | AFP via Getty Illustrations or photos An EU legislation that seeks to rein in massive electronic companies has formally kicked in, spelling major adjustments for generally U.S. tech giants. The […]
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American Eagle unveils strategy to grow profits, takes $94 million in impairment charges for logistics business
American Eagle on Thursday announced a new strategy to boost profitable growth over the next three years, as the retailer said it wrote off $94 million in impairment charges related to its internal logistics business Quiet Platform. The company also reported holiday earnings that beat Wall Street’s expectations thanks to strong demand and lower markdowns […]
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United Airways launches Morocco, Colombia flights, beefs up China company
A United Airways Boeing 787-8 Dreamliner plane is found having off from Amsterdam Schiphol Airport. Nicolas Economou | Nurphoto | Getty Pictures United Airways is scheduling to launch flights to Marrakesh, Morocco, and Medellin, Colombia, and ramp up its services to Asia, in the carrier’s most up-to-date wager that individuals will carry on to shell […]
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