Author: News Room
As the Pentagon investigates a major leak of classified documents that recently turned up on social media sites, dozens of them remain viewable on Twitter. This type of sensitive government information can slip under the radar for weeks, analysts say, because some social networks lack policies against posting classified information. Here’s what else you need to know to Get Up to Speed and On with Your Day. (You can get “CNN’s 5 Things” delivered to your inbox daily. Sign up here.) A 25-year-old bank employee opened fire at his workplace in Louisville, Kentucky, Monday and livestreamed the attack that left…
BP has acquired a 40 per cent stake in the UK’s Viking CCS project from Harbour Energy as the government looks to accelerate plans to develop carbon capture and storage. The Viking project aims to meet up to a third of the UK’s annual target of capturing 30mn tonnes of carbon dioxide by 2030, by repurposing old depleted gasfields off the Humber region coast.There are also plans to ship in additional CO₂ emissions from other parts of the UK and abroad through the port of Immingham on England’s north-east coast. Harbour, which is the largest oil and gas producer in…
Co-produced with “Hidden Opportunities.” How much do we need to sustain a prosperous retirement? The final multiple calculation says 10-12 times your annual income at retirement age. For instance, If you plan to retire at 60 and your income at the time is $100,000 per year, you should have between $1 and $1.2 million set aside for retirement. This calculation aims to maintain a quality of life similar to the one you enjoy before retirement. It is essential to also keep in mind the realities like higher healthcare costs, unexpected expenses, and changing conditions of global financial markets. So you…
Watch full video on YouTube
The head of the most influential business lobby in the United Kingdom has been fired following a probe into complaints about his workplace conduct. Tony Danker is leaving the Confederation of British Industry with immediate effect, the group said in a statement Tuesday. Three other employees have been suspended “pending further investigation into a number of ongoing allegations.” “We apologize to the victims of this organizational failure, including those impacted by the revulsion we have all felt at hearing their stories,” the CBI said. “We wish to thank all those who have had the courage to speak out, through internal…
I started my side hustle in 2020 and grew it to $500,000 in revenue by keeping passion out of my professional life. I’ve heard entrepreneurs and celebrities say, “Follow your passion! The money will follow!” When I was desperate to get out of my corporate job, I consumed all the entrepreneurial advice that I could about a strong devotion to your business as a guarantee for success. So, in 2016, I followed my passion for my first business, and founded a company to rent out special occasion attire to women. I thought I hit the jackpot because it combined so…
Netflix NFLX is slated to report its Q1 2023 results on April 18th. We estimate that Netflix’s revenue will come in at about $8.2 billion for the quarter, marginally ahead of the consensus estimate of about $8.17 billion. This would mark year-over-year growth of roughly 4%, although it would be down from a growth rate of close to 10% in the same quarter last year. We estimate that earnings will stand at about $2.90 per share, compared to a consensus of $2.86 per share. So what are some of the trends that are likely to drive Netflix results? See our…
By Andrea Shalal WASHINGTON (Reuters) – The U.S. banking system remains strong and resilient, but American officials will continue working with foreign counterparts to bolster financial resilience after recent bank failures, U.S. Treasury Undersecretary Jay Shambaugh said on Monday. Shambaugh said recent bank failures and developments were very different from those of the 2008 global financial crisis, which centered on credit risk, but regulators were working hard to shore up confidence in liquidity both at home and abroad. Shambaugh, speaking at the Brookings Institution think tank ahead of this week’s meetings of the International Monetary Fund and World Bank, said…
By Alun John and Kevin Buckland LONDON (Reuters) – The dollar gave back the previous day’s advances against the euro and pound but held some gains against the yen on Tuesday as traders’ attention turned to U.S. inflation data due on Wednesday for signs of how close U.S. rates are to peaking. The euro was up 0.4% at $1.0903 and the pound was up 0.5% at $1.2439 as most European markets returned from the long Easter weekend. Both currencies over the break had slipped from their early April peaks after resilient U.S. labour market released Friday bolstered the case for…
© Reuters. FILE PHOTO: People walk past a screen displaying the Hang Seng stock index outside Hong Kong Exchanges, in Hong Kong, China July 19, 2022. REUTERS/Lam Yik/File Photo By Herbert Lash NEW YORK (Reuters) -U.S. stocks closed mostly flat and the dollar rose on Monday after strong jobs data last week pointed to the Federal Reserve hiking interest rates in May, while the yen eased after Japan’s new central bank governor vowed to maintain ultra-loose policy. Gold prices slipped below the key $2,000 level due to a resurgent dollar, while Treasury yields edged higher on growing market expectations that…
Subscribe to Updates
Get the latest financial, business, investing, and market news and updates, directly to your inbox.