Author: super@dmin
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Dow Jones Newswires: Uniqlo owner’s shares slump after Q1 net profit falls 9.1%
Fast Retailing Co. shares fell sharply Friday morning after its first-quarter net profit dropped 9.1% from a year earlier due to higher costs and weaker sales in China.
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Crypto: ‘Super lame,’ says Gemini co-founder Tyler Winklevoss about SEC charges
Tyler Winklevoss, co-founder of Gemini Trust, calls new SEC charges against it and Genesis Global Capital ‘disappointing,’ in a Twitter thread.
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The Wall Street Journal: Southwest seeks to revamp scheduling system after holiday meltdown, CEO says
Southwest Airlines Co. has hired an outside consulting firm and is working to strengthen a crew scheduling system after a meltdown roiled its operations during the holidays, Chief Executive Bob Jordan said in an interview.
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Dow Jones Newswires: Bank of Korea raises benchmark interest rate by 25 basis points
South Korea’s central bank has raised the benchmark interest rate by 25 basis points to 3.50%, as expected.
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: Google, Nvidia raise concerns to FTC over Microsoft-Activision deal: report
Alphabet Inc.’s Google and Nvidia Inc. have raised concerns with regulators that Microsoft Corp.’s proposed $69 billion acquisition of Activision Blizzard could give the tech giant an unfair competitive advantage, according to a new report.
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: Instacart workers to receive $5 million after settlement in San Francisco lawsuit
Instacart must pay more than $5 million to thousands of workers after agreeing to a settlement with San Francisco over benefits owed.
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Crypto: Genesis, Winklevoss twins’ Gemini crypto venture charged by SEC with selling unregistered securities
U.S. securities regulators on Thursday charged Genesis Global Capital LLC and Gemini Trust Company LLC for the unregistered offer and sale of securities to retail investors through the companies’ Gemini Earn crypto asset lending program.
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Market Extra: Why the stock market isn’t impressed with the first monthly decline in inflation in more than 2 years
Inflation data may no longer be the big catalyst for stocks that it once was.
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: Tim Cook asked Apple to cut his pay after making nearly $100 million last year
Last year, Cook’s total compensation was $99.4 million, including a $3 million salary, about $83 million in stock awards, and $13.4 million in other awards.
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: Golden Globes winners Jennifer Coolidge, Michelle Yeoh show your best work can come in your 60s — and beyond
5 life lessons to excelling at any stage in your career – whether it’s your first, second or third act