Tag: coding

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Barrick, Mali reach deal to end mining dispute

Canadian miner Barrick Gold signs new agreement with Mali to end dispute over mining assets, including payment of $438 million for release of detained employees and seized gold, and restarting of Loulo-Gounkoto mine operations.

Wall Street's Bank Bosses See Pay Rises, With Citi's Fraser Getting Biggest Bump

The CEOs of Wall Street's major banks saw significant pay increases in 2024, with Citigroup CEO Jane Fraser receiving the largest bump. Fraser's total compensation rose to $34.5 million, while Goldman Sachs CEO David Solomon's pay climbed to $39 million. Despite setbacks like fines and a dialed-back return target, Citigroup's stock has outperformed peers this year thanks to Fraser's strategic leadership.

AheadComputing Raises $21.5 Million in Seed Funding for RISC-V Chip Development

AheadComputing, a newly formed chip startup, has raised $21.5 million in seed funding to develop RISC-V based technology and chips to solve computing performance issues in AI.

Nvidia Stock: Bulls and Bears Clash Ahead of Earnings, Analysts Mixed on Outlook

Nvidia stock is holding steady ahead of earnings amid mixed sentiment. Analysts are upbeat on long-term prospects but cautious about near-term outlook due to factors such as DeepSeek's AI cost challenge and Blackwell chip delays.

Bausch and Lomb CEO Brent Saunders on Calling Off Take-Private Deal, Plans for Ambitious Growth in 2025 and Beyond

Bausch and Lomb Exec Rules Out Sale Amid Bold Business Plans, Despite Acquisition History

Formula One Kicks Off 75th Season With Eye on US Growth

Formula One kicks off its 75th season with new cars, tech, and a growing fan base, driven by Netflix's "Drive to Survive" and the addition of American automakers Ford and Cadillac.

Stepan posts Q4 profit of $3.4 million

Stepan Co. (SCL) reports fourth-quarter net income of $3.4 million, or 15 cents per share, on revenue of $525.6 million. For the year, the company reports profit of $50.4 million, or $2.20 per share, on revenue of $2.18 billion.

Stocks: Premarket: Futures Lower on Tariff Proposals, Fed Focus

Stock futures dip as investors weigh Fed minutes, Trump's tariff proposals. Intel falls on talks to sell chip unit, Super Micro rises on AI optimism. Apple in focus ahead of expected low-cost iPhone launch.

Bill Ackman's Pershing Square Makes New Bid for Howard Hughes Holdings

Billionaire investor Bill Ackman's Pershing Square proposes buying 10 million new shares of Howard Hughes Holdings, giving it a 48% stake. The deal includes Ackman becoming chairman and CEO and transforming HHH into a diversified holding company similar to Berkshire Hathaway.

Parsons Q4 earnings, revenue miss estimates

Parsons Corp. (PSN) misses Q4 earnings and revenue expectations, with adjusted EPS of 78 cents versus 92 cents estimate and revenue of $1.73 billion versus $1.74 billion estimate.