Posts with tag: outfit
Project44 and MyCarrier are in a legal battle over alleged contract violations and product issues with Project44's eBOL. MyCarrier claims its own eBOL development was necessary due to problems with Project44's product, while Project44 accuses MyCarrier of breaching their agreement. The Delaware Chancery Court is presiding over the case, with temporary injunctions and allegations of broken promises at the center of the dispute.
Published on: January 28, 2025, 07:01 PM UTC
US stock futures fluctuated after Monday's tech-fueled selloff, paring an earlier advance as traders scooped up beaten-down chipmakers and power providers. Nasdaq 100 contracts added 0.1% following a 3% retreat on Monday and S&P 500 futures were steady. Nvidia Corp. jumped 4% in pre-market trading after plunging 17% yesterday.
Published on: January 28, 2025, 01:05 PM UTC
AI advancements challenge US power stocks as DeepSeek raises concerns about tech dominance. Constellation Energy (CEG) tumbled 21%, Vistra Corp (VST) sank 28%, and GE Vernova (GEV) declined 21%.
Published on: January 28, 2025, 04:02 AM UTC
Biden blocks sale of U.S. Steel to Nippon Steel over national security concerns, sparking legal challenges and political maneuvering among stakeholders.
Published on: January 27, 2025, 11:02 AM UTC
U.S. stocks closed in the green on Thursday with the S&P 500 (^GSPC) nabbing a fresh record close as investors stayed attuned to remarks from President Donald Trump, who addressed the World Economic Forum in Davos.
Published on: January 24, 2025, 12:02 PM UTC
UnitedHealth Group announces Tim Noel as CEO of UnitedHealthcare, replacing Brian Thompson after his tragic death. Noel brings decades of experience to the role, overseeing the $298 billion revenue unit amid industry challenges.
Published on: January 23, 2025, 11:02 PM UTC
Gold reaches highest level since November as Trump's trade policies and immigration stance fuel haven demand.
Published on: January 22, 2025, 07:00 AM UTC
President Trump says he would approve a deal for Elon Musk or Larry Ellison to buy TikTok, with the US getting a 50% stake in return for a "permit." Experts say such a venture may face legal challenges.
Published on: January 22, 2025, 12:01 AM UTC
The SEC's new cryptocurrency task force, the Trump administration's pro-crypto stance, and industry anticipation for executive orders are driving investor enthusiasm in the crypto market. Bitcoin surpassed $106,000, while applications for crypto-related ETFs surge. The industry awaits potential executive orders and the repeal of Biden's crypto-related directive.
Published on: January 21, 2025, 09:01 PM UTC