Tue, December 10, 2024

by: CNN

Macy's is in deep trouble. It could be sitting on a goldmine

Macy's would be more valuable if it just shut down its business and sold everything off for parts. That's the argument activist investment firm Barington Capital and private equity firm Thor Equities said in a proposal Monday that called on the company to make drastic changes to boost its stock price.

by: CoinDesk

Keone Hon: Bridging DeFi and TradFi

Jump Trading quant raised $225 million in 2024 to build Monad, a high-performance blockchain trying to bring Wall Street's trading efficiency to crypto.

by: Business Today

LIC Bima Sakhi Yojana: Check how women can apply and earn a min. salary of Rs 7,000 per month

LIC plans to enroll 100,000 Bima Sakhi within the next 12 months and 200,000 over a span of three years as part of its women empowerment drive.

by: legit

UK pledges to cut government spending waste

UK government departments must find efficiency savings of five percent, finance minister Rachel Reeves insisted Tuesday, vowing to take an "iron fist" to public-spending waste. "I have no doubt that we can find efficiency savings within government spending of five percent and I'm determined to do so,

by: Insider Monkey

Seven Corners Capital's Q3 2024 Investor Letter

Seven Corners Capital, an investment management company, released its Q3 2024 investor letter. Seven Corners Capital's composite portfolio finished Q3 2024 increasing around 14%, while the S&P 500 increased by approximately 21%.

by: The Globe and Mail

Business Brief: A growing backlash to DEI

Good morning. Walmart Inc. made waves last month when the retailer announced it was rolling back many of its diversity, equity and inclusion initiatives. As a backlash against DEI programs grows in the United States, signs of tumult are emerging in Canada. More on that below, but first:

by: Telangana Today

Hyderabad: CoEBF hosts banking and finance summit 2024 at ICFAI Business School

The summit featured discussions on empowering marginalized communities through self-help groups, the critical role of women-led initiatives, and the importance of balanced credit disbursement to mitigate over-indebtedness.

by: WISH-TV

Secretary of state spending includes millions in no-bid contracts

Indiana Secretary of State Diego Morales has awarded millions of dollars in contracts to IT companies without competitive bidding, while also receiving donations from the companies, and is seeking additional funding for increased staffing and modernizing online services.

by: businessday

What to know as Dangote Sugar shops for N50bn from CPs issuance

Dangote Sugar Refinery Plc (DSR) is currenting in the market shopping for N50billion from series 6, 7 Commercial Paper

by: 24/7 Wall St

My bank contacted me to tell me about an old credit card that has $70k on it and here's what I did

Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers. Finding a big heap of forgotten cash would be a dream come true for many,

by: inc42

Zepto HR Head Martin Dinesh Gomez Resigns

Zepto's chief human resource officer Martin Dinesh Gomez has stepped down after serving less than a year at the quick commerce startup

by: Kiplinger

How to Guard Against Identity Theft in 2025

What are the most common identity theft schemes? Our most recent contact center data shows that 51% of personally identifiable information (PII) compromises — which take place w

by: The Boston Globe

Sales of Barbara Lynch's last two restaurants are 'in limbo' amid tax lawsuit

The chef's group racked up $1.4 million in unpaid taxes, jeopardizing deals to save Beacon Hill fine dining institution No. 9 Park and South End seafood joint B&G Oysters.

by: businesstech.co.za

Power your farm's future: Access grants, finance and expert guidance for solar power

Standard Bank's PowerPulse has entered a pilot partnership with The Land Bank, which has been tasked with distributing the R1.2 billion Agro Energy Fund (AEF) to qualifying agricultural businesses, to help them fund the purchase of capital equipment and infrastructure for alternative energy sources directly linked to energy-intensive farming operations.

by: The New York Times

How Crypto Insiders Turned 'Debanking' Into a Political Storm

Concerns that crypto companies are being purposely cut off from the global banking system have become a political cudgel at an opportune moment for the industry.

by: Finance & Commerce

Statutory Ban on Non-Solicitation Provisions Between Service-Providers and Customers

Minnesota became the fourth state to ban non-compete agreements. This past session, in S.F. 3852, the legislature sought to close a loophole it had identified in the 2023 ban: non-solicitation provisions between service providers and their customers.

by: Construction Week Online

WHEF Annual Conference 2024: Fostering innovation and growth in Mumbai

The annual conference of World Hindu Economic Forum (WHEF) will take place from December 13th to 15th, 2024, at the Jio World Convention Centre, BKC, Mumbai. Under the theme "Think in the Future, For the Future,

by: abp LIVE

Future Of Sustainable Finance: How Green Bonds Can Evolve In India

It is evident that while the principles of a green bond market have been laid out, the inherent demand is lacking and we need interventions to kickstart investor interest.

by: Business Insider

How to Pick The Best American Express Card

Small business finances Credit cards Points and miles travel Travel insurance Real estate investing Katherine's interest in personal finance extends to her own interests. Despite a salary of just ...

by: AOL

Oracle (ORCL) Q2 2025 Earnings Call Transcript

Oracle (NYSE: ORCL) Q2 2025 Earnings Call Dec 09, 2024, 5:00 p.m. ET

by: The Peninsula

'Qatar's giant strides in global Islamic finance worthy of applause'

Qatar s journey in Islamic finance is a testament to its vision and strategic approach, and the country s commitment to fostering a

by: Business Standard

Mannapuram Finance, Muthoot Finance gain up to 3% in trade; here's why

Spot gold gained 1.1 per cent to $2,662.98 per ounce, as of 01:41 PM ET (1841 GMT). US gold futures settled 1 per cent higher at $2,685.50

by: The Hans India

RBI, Finance Ministry coordination at its best, says Shaktikanta Das

The Reserve Bank of India and the Finance Ministry have been on "best terms with excellent coordination and cooperation" over the last six years, outgoing RBI Governor, Shaktikanta Das, said in

by: The Daily Star

Long-term tax exemption beneficiaries still seeking additional benefits: finance adviser

Finance Adviser Salehuddin Ahmed today criticised long-term tax exemption beneficiaries who, despite receiving benefits for over 50 years, continue to making demands for further protections. "We have been taking care of the children (business sectors) over the last 50 years with tax benefits,

by: McKnight's Senior Living

People in the news, Dec. 10

Appointments, promotions and other news at Benchmark Senior Living, Cassia, CVS Health, Daughters of Sarah Community for Seniors, Ecumen, Front Porch, Goodwin Living, Grace Management, Kendal Corp., Larry H.

by: Yahoo Finance

Yext Inc (YEXT) Q3 2025 Earnings Call Highlights: Revenue Growth and Strategic Opportunities ...

Yext Inc (YEXT) reports a 13% revenue increase, driven by strategic acquisitions and AI opportunities, while navigating foreign exchange impacts and ARR challenges.

by: moneycontrol.com

Power Finance Consolidated September 2024 Net Sales at Rs 25,721.79 crore, up 14.88% Y-o-Y

Quarterly Net Profit at Rs. 5,302.43 crore in September 2024 up 9.71% from Rs. 4,833.08 crore in September 2023. EBITDA stands at Rs. 25,387.31 crore in September 2024 up 10.6% from Rs. 22,954.58 crore in September 2023.

by: Reuters

UAE to impose 15% minimum top-up tax on large multinationals from January

The United Arab Emirates said on Monday it will impose a domestic minimum top-up tax (DMTT) of 15% on large multinational companies operating in the country starting on or after Jan. 1, 2025 as it seeks to boost non-oil revenue.

by: Forbes

Will Interest Rates Go Down In 2025?

After starting 2022 at just 0.1%, the official cash rate is now 3.1% and tipped to rise further. Since the Reserve Bank of Australia (RBA) began lifting the cash rate in May 2022, there have been eight interest rate rises last year,

by: MSN

Treasury Department may fine small businesses $10,000 or more if they don't file this new report

The Corporate Transparency Act requires many businesses to file data about their "beneficial owners" by Jan. 1. But the rule is being challenged in court.
Mon, December 9, 2024

by: Business Today

Asian Paints, Tata Steel, AU Small Finance Bank: How to trade these 3 buzzing stocks

An analyst from Anand Rathi said that Tata Steel is encountering a significant resistance level around the R3 Camarilla pivot, specifically in the Rs 150-151 zone, indicating selling pressure.

by: Oneindia

Libra Horoscope For Today, December 10, Tuesday - Harmony in Relationships Can Lead to Beautiful Partnerships!

Libra Love and Relationships Horoscope: Love takes a tender turn today, offering a chance to rejuvenate your heart and emotions. Shared moments with your partner can rekindle the warmth, reigniting a sense of intimacy that benefits both sides. Understanding and patience can transform tensions into delightful exchanges.

by: Business Daily Africa

SHA, Finance Bill top Google's most popular searches in 2024

The tech giant's 'Year in Search' list reveals the most popular trends that have captured the interest of Kenyans over the past 12 months.

by: Think Advisor

4 Options for Passing Down Your Firm

Here are four potential paths that such advisors might walk:

by: Yahoo Finance

The 5 Most Profitable Business Ideas for Freelancers

Working at home has given freelancers plenty of options. They can reach out to more companies, develop new skills and pursue multiple side hustles. While it's great to have more choices, it's

by: KOLR10 & Ozarks Local News

Missouri companies sue to stop a law that raises minimum wage and requires paid sick leave

Missouri business groups announced Monday that they have filed a lawsuit to try to stop a voter-approved law that will raise the state's minimum wage and require

by: TheStreet.com

Younger workers increasingly want crypto paychecks, study finds

Twenty percent of surveyed employees believe that digital assets will become a fundamental part of their paychecks in the next five years, the study showed. Bitcoin emerged as the leading cryptocurrency of choice for employees, with an impressive 72% expressing a preference for receiving their wages or bonuses in it.

by: Forbes

With Rates Dropping, The SBA Is Relaxing Its Refinancing Rules For Small Business

With interest rates easing and inflation cooling, small businesses are getting a much-needed break. A change to the Small Business Administration's (SBA) refinancing program will help them take advantage of the shift. The SBA's recent rule changes to its 504 loan program make it easier for businesses to refinance debt and capitalize on lower rates.

by: bnnbloomberg

Japan's Megabanks Are Flush With Cash and Hunting Overseas Deals

(Bloomberg) -- Japan's megabanks are awash in cash and eager to invest.

by: The New Zealand Herald

Superannuation and the great tax debate - Catherine Beard

Couple that with a low drive for saving and unpredictable immigration policies, and an issue begins to emerge: How does New Zealand plan on maintaining first-world living standards and sustaining its reputation as a great place to live?

by: USA Today

Tariffs may be an inflation worry but so are credit card processing fees, some say

Credit card processing fees cost American households an average of $1,100 annually and are expected to continue rising unless Congress acts, some say.

by: Reuters

Allianz wants to redistribute three quarters of profit to shareholders

Germany's Allianz said on Monday it plans to distribute at least three-quarters of its net profit to shareholders via dividends and share buybacks over the next three years.

by: Couriermail

2024 Christmas shopping hours: Find out what's open over Christmas and New Year's

With Christmas fast approaching it is good to know when essential services will be open and when they will be closed.

by: 24/7 Wall St

6 Carl Icahn Quotes Every 70-Year-Old Needs to Hear

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Carl Icahn is a successful businessman and investor. If you're in your 70s,

by: AOL

Exclusive: Dave Clark hires Amazon chief scientist and other former execs for his AI supply-chain startup

The startup Auger raised $100 million in the fall. Now it's got a founding executive team packed with Amazon veterans.

by: CBS News

Who was Brian Thompson, the UnitedHealthcare CEO shot dead in Manhattan?

Here's what we know about UnitedHealthcare CEO Brian Thompson, who was shot to death in Manhattan on Wednesday.

by: Business Standard

Cracking the whip: Why Sebi is tightening rules for public issues of SMEs

SME IPO is a red-hot market segment. Many of these floats routinely see 100-time subscription and massive gains upon listing

by: MSN

Treasury Department may fine small businesses $10,000 or more they don't file this new report

The Corporate Transparency Act requires many businesses to file data about their "beneficial owners" by Jan. 1. But the rule is being challenged in court.

RBI, Finance Ministry coordination at its best, says Shaktikanta Das

The Reserve Bank of India and the Finance Ministry have been on "best terms with excellent coordination and cooperation" over the last six years, outgoing RBI Governor, Shaktikanta Das, said in

The article from The Hans India discusses remarks made by RBI Governor Shaktikanta Das at the 17th K P Hormis Commemorative Lecture in Kochi, where he highlighted the exemplary coordination between the Reserve Bank of India (RBI) and the Finance Ministry. Das emphasized that this collaboration has been crucial in managing economic challenges, particularly during the global health crisis. He noted that the relationship between the RBI and the government has been one of mutual respect and understanding, with both entities working towards common economic goals without compromising the central bank's autonomy. Das also touched upon the importance of maintaining a balance between economic growth and inflation control, and how the RBI's policies have been instrumental in navigating through economic turbulence. He further mentioned that the RBI's approach has been to ensure financial stability and support economic recovery while keeping inflation in check.

Read the Full The Hans India Article at:
https://www.thehansindia.com/business/rbi-finance-ministry-coordination-at-its-best-says-shaktikanta-das-928539