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Elon Musk Testifies in SEC Probe of Twitter Acquisition

Reported 4 months ago

Elon Musk has agreed to testify in the US Securities and Exchange Commission's investigation into his 2022 purchase of Twitter. Musk will participate in a five-hour deposition after deciding not to challenge a court order compelling him to comply with a government subpoena. The SEC is examining Musk's Twitter stock purchases and statements preceding his $44 billion acquisition of the platform, marking the latest development in a legal battle over the buyout. Furthermore, Musk, already a two-time witness in the SEC's scrutiny of his initial actions in the Twitter acquisition, has consented to another pre-trial deposition. The SEC is investigating whether Musk, the world's third-richest individual, violated securities laws by failing to timely disclose his initial 9.2% Twitter stake.

Source: YAHOO

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Dealing with a Difficult Coworker: Lessons Learned

Reported 4 months ago

Alana Sheeren shares her experience of leaving a job she loved due to a coworker who disliked her and badmouthed her. The situation led her to enroll in grad school and discover the importance of self-acceptance, setting boundaries, and understanding others' perspectives. By taking a break from the professional world, she learned valuable lessons in human nature and personal growth, making it the best work-related decision she ever made.

Source: YAHOO

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分析師表示Salesforce股價暴跌主要是 '一種過度反應'

Reported 4 months ago

Salesforce(CRM)的股票在周四下跌,原因是公司公布了第一季度業績。公司首次近20年來錯過了收入預期,並削減了訂閱和支持收入預測。CFRA Research的高級股票分析師Angelo Zino參加早安簡報討論這些結果。Zino指出,公司對人工智慧投資可能會損害Salesforce的收入軌跡,由於需爭取這些預算,“這是Salesforce營運的一種阻力,而非助推力”。關於股價暴跌,Zino認為“這有點過度反應”,儘管有些領域令人失望,但該公司仍然在該季度實現了11%的增長。他還指出,由於公司的“循環收入性質”,今年下半年可能出現增長。

Source: YAHOO

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Why Ben Affleck ‘Initiated’ Separation From Jennifer Lopez: ‘He Could Seriously Self-Destruct’

Reported 4 months ago

Ben Affleck initiated the separation from Jennifer Lopez out of self-preservation concerns and a fear of self-destructing. Despite the public celebration of their reunion, Ben, 51, and Jennifer Lopez, 54, could not sustain their relationship, with Ben moving out for self-protection. Ben, a three-time rehab veteran, felt overwhelmed by the pressure, spotlight, and mismatch in values, especially regarding public displays of affection, leading to the decision to separate in order to avoid repeating past mistakes and protect both himself and J. Lo.

Source: YAHOO

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How American Tennis Player Danielle Collins Overcomes Rain Delays

Reported 4 months ago

American tennis player Danielle Collins shares her strategies for getting through rain delays at the French Open, including predicting weather patterns, utilizing her support system, engaging in marathon training on monotonous days, and socializing with fellow players. Collins acknowledges the challenges of waiting, maintaining focus, and dealing with the emotional toll of disrupted schedules in the midst of professional competition.

Source: YAHOO

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Nelly Korda's Major Hopes Dashed by Poor Performance at Women's U.S. Open

Reported 4 months ago

During the Women's U.S. Open, Nelly Korda's chances for a second major win in 2024 plummeted as she carded a 10-over 80, including a disastrous 10 on the par 3 No. 12 at Lancaster Country Club. Despite her previous success with six wins in seven tournaments, Korda's performance took a hit, making a calendar-year Grand Slam win in 2024 highly unlikely.

Source: YAHOO

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V.A.延長停止處置抵押贷款直到12月31日

Reported 4 months ago

美国退伍军人事务部(V.A.)星期三宣布,要求抵押贷款服务商将退伍军人担保贷款的停止处置期延长至2024年12月31日,同时这些公司将实施一个新计划来帮助陷入困境的退伍军人。当前的暂停处置期定于星期五结束,原定于11月公布,由于投诉退伍军人面临困难,因为在COVID-19大流行期间提供的部分索赔选项后没有可用方案接替而实施。

Source: YAHOO

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Details of Jaylen Waddle's Contract Extension

Reported 4 months ago

The Miami Dolphins have agreed to a three-year contract extension with wide receiver Jaylen Waddle, making him one of the top-paid receivers in the league. The deal includes a signing bonus and escalating salaries over the years, with the total package valued at $20.9 million and a new-money average of $28.25 million. While technically ranked behind A.J. Brown, Amon-Ra St. Brown, and Tyreek Hill, after removing final-year numbers, Waddle is placed second. Changes in the coming seasons are expected with other receivers like Justin Jefferson and Ja'Marr Chase also due for new contracts.

Source: YAHOO

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福特首席表示,混合動力車不僅是迄今電動車的橋樑

Reported 4 months ago

《路透社》福特和通用模擬兩種混合動力車發展策略,福特CEO吉姆·法利認為應停止將混合動力車僅視為過渡性解決方案,而是將其視為更長期解決方案。他強調目前美國許多混合動力車的利潤比同等非混合動力車更高。法利表示,插電混合動力車可能在幾年後變得不那麼重要,但延伸型混合動力車對於行業未來至關重要。而通用汽車的CEO瑪麗·芭拉則強調,雖然通用汽車將在2027年推出插電混合動力車,但該公司認為未來市場將發展至電動車方向。法利還指出,中國競爭將在軟體和服務開發方面超越西方,強調未來車企的競爭力必須具有成本和質量的適應性,而這一切都將由中國來定義。

Source: YAHOO

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UBS Senior Management Shake-up and Successor Changes

Reported 4 months ago

UBS announced a restructuring of senior management roles, appointing two executives as potential successors to CEO Sergio Ermotti. Iqbal Khan, previously considered as the likely successor, will now share the wealth role and oversee Asia-Pacific. Rob Karofsky, head of UBS's investment bank, will lead the Americas and co-preside over global wealth management. Beatriz Martin Jimenez is head of Europe, Middle East, and Africa and maintains the legacy business, while Sabine Keller-Busse leads the Swiss bank and Aleksandar Ivanovic presides over asset management.

Source: YAHOO

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WeWork遭清算後成功退出破產並減少40億美元債務

Reported 4 months ago

紐約法官批准了WeWork的第11章破產計劃,讓這家共享辦公空間提供商能夠清除40億美元債務,將公司的股權移交給一群貸款人和房地產科技公司Yardi Systems。WeWork利用破產來談判與房東未來租金的大幅減少,取消約三分之一的租約,最終將未來租金成本減少超過120億美元。WeWork預計在破產後營運337個共享辦公空間,其中在美國和加拿大擁有超過170個地點。

Source: YAHOO

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Co-Worker Recounts Johnny Wactor's Tragic Final Moments

Reported 4 months ago

In an emotional Instagram post, Anita Joy, a co-worker of General Hospital actor Johnny Wactor, shares chilling details of his fatal shooting by a thief. The account describes the sudden encounter with the assailant, Wactor's valiant fight for survival, and the efforts made to save him. Joy praises Wactor's positive qualities and calls for justice and support for his family, emphasizing the need for improved security measures at the bar where they worked. The heartbreaking post reflects on Wactor's character and the impact he had on those around him.

Source: YAHOO

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Salesforce Stock Slides After Sales Miss Expectations and Company Cuts Outlook

Reported 4 months ago

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Source: WSJ

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Elon Musk to testify in SEC probe over Twitter stock disclosures

Reported 4 months ago

Elon Musk has settled a legal dispute with the SEC by agreeing to testify in their investigation into his 2022 acquisition of Twitter, following a court filing. Musk will comply with the regulator's subpoena and is set to be questioned on an undisclosed date, after previously refusing an interview in September. The SEC is investigating whether Musk violated securities laws when buying Twitter stock and renaming it X, examining his statements and filings related to the transaction.

Source: YAHOO

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French Open 2024: How to Watch Djokovic vs. Carballés Baena Match Now

Reported 4 months ago

The 2024 French Open is underway with Novak Djokovic set to face Roberto Carballés Baena in the Second Round. Djokovic, seeking another French Open title, is currently without a trophy this year. The match is scheduled for Thursday morning at Court Philippe-Chatrier, with options to watch on channels like Tennis Channel and streaming services like Fubo and ExpressVPN. The article provides details on the broadcast schedule, where to stream matches for free, and how to watch without cable.

Source: YAHOO

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Jamie Dimon Ensures No Bank Branch Closes Without His Approval

Reported 4 months ago

Jamie Dimon, CEO of JPMorgan, made a vow to personally approve or veto every branch closure after a competitor boasted about stealing JPMorgan's leases and customers. Dimon's decision came after an incident involving Commerce Bank's founder, Vernon Hill, who claimed to have taken over JPMorgan's former branches. This move by Dimon reflects a shift in JPMorgan's strategy as they invest in opening new branches to better serve customers and compete with the trend of bank branch closures across the United States.

Source: YAHOO

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Okta提高全年指引,同时指出宏观阻力

Reported 4 months ago

Okta, Inc.(OKTA)股票在击败第一季度业绩并提高全年指引后出现下滑。财经新闻解析师Brad Smith和Seana Smith分析了Okta首席财务官Brett Tighe在宏观环境方面的声明,并讨论了Okta在2023年底发生的最新数据泄露事件的影响。股票的表现不佳可能与数据泄露事件有关,尽管该公司提高了全年展望。

Source: YAHOO

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WeWork清除了尼曼 (Neumann) 的遺產後被批准退出破產程序

Reported 4 months ago

根據彭博報道,WeWork Inc.獲得破產法庭批准,擺脫了數十億美元的債務,從其辦公空間投資組合中剔除無利潤的租約,並摒棄了共同創始人亞當·尼曼(Avrum Neumann)的遺產。經過嚴苛的談判和各種爭議,公司將執行所有需要資金重組的財務合同,這標誌著WeWork與尼曼的最終脫勾。重組後的公司在離開破產保護時將價值在6.65億至8.65億美元之間。

Source: YAHOO

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Base Metals Experience Rapid Retreat amid Accelerated Profit Taking

Reported 4 months ago

As investors aimed to profit from the recent rally in industrial metals markets, copper continued to decline from a record high, while aluminum dropped from a two-year peak. Despite a sharp rally earlier this year due to supply constraints and positive global economic sentiment, the rapid increase in prices has raised concerns of a disconnect with the physical market. The interest in copper has been supported by improvements in manufacturing and industrial sectors, supply squeezes, and optimism about its use in renewables and AI. Consumers may re-engage if copper prices fall toward $9,500, but the downside appears limited as investors remain interested in buying during price dips. Current pressure on Chinese smelters due to ore shortages may further support metal prices.

Source: YAHOO

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India's Jindal Enters Partnership with Venezuelan State Oil Company

Reported 4 months ago

India’s Jindal Power Ltd. has partnered with Venezuela’s state oil company in a crude oil venture in the Orinoco Belt, marking Jindal’s first move into the oil business. This agreement comes after Jindal secured a contract to run Venezuela's largest iron-ore complex. With many foreign companies leaving Venezuela due to economic crisis and sanctions, Jindal's deal with Petroleos de Venezuela SA aims to help revive oil production and revenue in the country.

Source: YAHOO

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US Begins Comprehensive Review of Mortgage Title and Closing Fees

Reported 4 months ago

The US Consumer Financial Protection Bureau has initiated a process to potentially tighten regulations on fees related to home buying, focusing on the increase in mortgage closing costs. Seeking public feedback, the agency aims to understand the reasons behind cost escalation and who benefits, particularly highlighting concerns regarding lender title insurance. President Joe Biden is exploring ways to reduce closing costs, including a pilot program to waive title insurance requirements for some Fannie Mae refinances. The CFPB's request for information may lead to a rule proposal in 2025, with an emphasis on reducing anticompetitive fees harmful to both homebuyers and lenders.

Source: YAHOO

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Amazon获得FAA批准,允许扩大用于网购订单的无人机配送

Reported 4 months ago

联邦监管机构已经给予亚马逊关键许可,允许其扩展无人机配送计划,该公司周四宣布。亚马逊表示,通过这一批准,其Prime Air配送服务的飞行员现在可以远程操作无人机,而不必亲眼看到。该批准标志着该公司迈出了至关重要的一步,其目标是到本十年结束时通过无人机每年投递5亿包裹。

Source: YAHOO

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Salesforce Darkens the Skies for Cloud Software as AI Threat Looms

Reported 4 months ago

Writing summary...

Source: WSJ

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Salesforce Darkens the Skies for Cloud Software as AI Threat Looms

Reported 4 months ago

Writing summary...

Source: WSJ

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US pending home sales suffer largest drop in three years

Reported 4 months ago

Contract signings for U.S. home purchases fell by the most in three years in April as high interest rates impact the housing market, resulting in the lowest level of activity since the start of the pandemic in 2020. The National Association of Realtors reported a 7.7% drop in the pending home sales index to 72.3 in April from an upwardly revised 78.3 in March. The decrease is attributed to escalating interest rates affecting home buying, but optimism for improved conditions arises from anticipated rate cuts by the Federal Reserve later in the year.

Source: YAHOO

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