Lyft is not requiring workers to return to offices until at least 2023. Ms. Holmes’s trial has stretched nearly four months, with testimony from dozens of witnesses including scientists, chief executives and a four-star general. The proceedings have come to represent a defining moment for the tech industry and its culture of overly optimistic salesmanship. Futures of West Texas Intermediate, the U.S. benchmark, dropped nearly 4 percent to $68.23 a barrel.
- The Ministry of Ports, Shipping and Waterways has submitted a monetisation pipeline of Rs 10,000 crore to NITI Aayog, the central think tank and nodal government body for asset monetisation, the report added.
- Business Today is one of Kenya’s leading business news organization, reputed for its authority, accuracy and professionalism.
- In that scenario, the dark blue line would start to look more like the light blue one — growth would be strong in terms of real output, not just nominal dollars.
- Korea Business News is a leading online media that covers the latest trends and developments in the Korean economy, industry, and society.
- The Philippine peso is trading precariously close to its all-time low against the US dollar.
While general inflation remains around 5-5.5%, educational expenses have surged to approximately 11-12% in the last few years. May 20, 2024 • The seafood chain is in hot water after a series of bad choices by a parade of executives. Almost 580 restaurants will stay open, after dozens closed abruptly last week. May 23, 2024 • The monumental decision sets the stage for a groundbreaking revenue-sharing model that could start directing millions of dollars directly to athletes as soon as the 2025 fall semester. Benchmark U.S. crude oil for July delivery rose 85 cents to $77.72 per barrel Friday. Advocates say they won’t slow their efforts to unionize college athletes even with the NCAA’s agreement this week to allow players to be paid from a limited revenue-sharing pool.
Nairametrics Industry Outlook: Harnessing Nigeria’s Energy Sector to supercharge our Economic growth
Energy stocks were among the worst performers in the S&P 500, with Devon Energy Corporation down 2.4 and Enphase Energy 5.5 percent lower. During an earlier phase of the pandemic, Mr. Musk, SpaceX’s founder and chief executive, balked at restrictions in California meant to curb the spread of the coronavirus. In May last year, Mr. Musk, also the chief executive of Tesla, the electric carmaker, defied a public health order by resuming production at the company’s Fremont factory despite county restrictions that would have prevented employees from working. Buying Cerner gives Oracle a leading technology company in health care, a mammoth, if fragmented, market.
- During a call with investors on Thursday, he said Apple “experienced supply constraints that were higher than
