Author: News Room
McLaren Racing Formula 1 Team and Mastercard officially launched their partnership on Thursday ahead of practice for the 2024 Las Vegas Grand Prix. McLaren Racing CEO Zak Brown and Mastercard chief marketing and communications officer Raja Rajamannar hosted several media outlets for a roundtable session at the KÀ by Cirque du Soleil at the MGM Grand Casino in Las Vegas. Mastercard’s red and yellow circles will be seen on the vehicles driven by Lando Norris and Oscar Piastri this weekend.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM “One of the biggest brands in the world – global brand, innovation, technology,…
With President-elect Trump set to return to the White House in January, the sun appears to be setting on the Biden administration’s student loan handout spree. But one moderate New York Republican still thinks Congress should act to ease the debt burden carried by borrowers. Rep. Mike Lawler, R-N.Y., introduced legislation this week that would slash the interest rate on federal student loans from 3.5% to just one percent.”There’s no question that we have a student loan affordability crisis in this country,” Lawler told Fox News Digital in an interview. “And the bill that I’ve introduced would seek to address…
Holidays may bring you into face-to-face contact with your aging parents and other loved ones. Maybe you’ve been meaning to talk with them for future planning. You hesitate because they’re stubborn and resistant to the whole subject. You’ve put it off. Now you may have an opportunity.Perhaps your aging parents are fiercely independent, resistant to help, or outright dismissive of their children’s concerns. Here are some thought on how to approach those difficult but necessary discussions with a stubborn parent who refuses to plan for the future. 1. Choose the Right Time and Place Pick a moment when both you…
Australian logistics company WiseTech has cut its revenue and profit forecasts after a series of allegations about its founder and chief executive Richard White disrupted its development and product release plans. WiseTech stock fell 14 per cent on Friday after the company cut its revenue forecast for the current financial year to between A$1.2bn ($780mn) and A$1.3bn from A$1.3bn-A$1.35bn. Earnings before interest, taxation, depreciation and amortisation is now forecast to be between A$600mn and A$660mn, down from as high as A$700mn previously. White, the 69-year old co-founder, has faced accusations of bullying and the non-disclosure of relationships with employees. The company released…
Cool Company Ltd. (NYSE:CLCO) Q3 2024 Earnings Conference Call November 21, 2024 8:30 AM ET Company Participants Richard Tyrrell – CEOJohn Boots – CFO Conference Call Participants Frode Morkedal – Clarksons SecuritiesAlexander Bidwell – Webber Research & AdvisoryLiam Burke – B. RileyPeter Hagen – ABG Operator Good day, and welcome to the Cool Company Limited Third Quarter 2024 Business Update Call. At this time, all participants are in a listen-only mode. Following the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Please note, today’s call will be recorded and I’ll be standing by if you should need any…
Mortgage rates climbed closer to 7% this week while sales of existing homes saw a revival from a dip in rates two months ago. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage rose to 6.84% from last week’s reading of 6.78%. The average rate on a 30-year loan was 7.29% a year ago. Meanwhile, the National Association of Realtors on Thursday reported that existing home sales jumped 3.4% in October from the month before to 3.96 million, lifting off a 14-year low in September. “Home sales surged in October…
Spousal benefits are commonly called family benefits; benefits available to family members. Let’s start with spousal benefits in order to truly understand ex-spousal benefits. Current spouses are eligible to receive 50% of their spouses Primary Insurance Amount at their full retirement age. For spousal benefits to be available to a current spouse, you need to meet the following criteria: You need to be married at least one year. You both need to be at least 62 years old. One spouse needs to be receiving their Social Security benefit. The receiving spouses Primary Insurance Amount needs to be at least two…
US stocks were mixed at the market’s close, as investors hunkered down ahead of earnings — and outlook on the much-hyped artificial intelligence sector — from chipmaker Nvidia.Wall Street’s S&P 500 finished less than 0.1 per cent higher, with the index staging a late rally to recover from losses earlier in the session. The technology-dominated Nasdaq Composite shed 0.1 per cent.Nvidia finished the session 0.8 per cent lower, having chalked up its biggest daily jump in two months on Tuesday.Among other stock moves, retailer Target closed 21.4 per cent lower, its biggest one-day drop since 2022 after reporting disappointing results.In…
Snowflake Inc. (NYSE:SNOW) Q3 2025 Earnings Conference Call November 20, 2024 5:00 PM ET Company Participants Jimmy Sexton – Head of IRSridhar Ramaswamy – CEOMike Scarpelli – CFOChristian Kleinerman – EVP of Product Conference Call Participants Mark Murphy – JPMorganKeith Weiss – Morgan StanleyKash Rangan – GoldmanRaimo Lenschow – BarclaysKirk Materne – EvercoreBrad Zelnick – Deutsche BankBrent Thill – JefferiesMichael Turrin – Wells FargoAlex Zukin – Wolfe ResearchBrad Sills – Bank of America Operator Good afternoon. Thank you for attending the Snowflake Q3 Fiscal 2025 Earnings Conference Call. My name is Matt and I’ll be your moderator for today’s call.…
This year, California took the second of two steps to allow residents with unlimited assets to participate in its Medicaid long-term services and supports (LTSS) program. Advocates hoped the move would make the program far more widely available. Conservative critics feared it would become a budget-busting open door for the wealthy to take advantage of a public program. Both were wrong. Yet, the California experience may end up in the middle of a bruising battle over Medicaid LTSS, where conservatives try to tighten federal program rules while blue states try to ease them. California’s Changes Before California changed its asset…
