Jim Acosta after ABC settles Trump defamation suit: ‘This is a time for our industry to stand firm’
CNN host Jim Acosta defended mainstream media after ABC decided to settle a defamation lawsuit brought by President-elect Donald Trump over its coverage of his lawsuit with E. Jean Carroll. President Trump spoke after Stephanopoulos said in an interview with Rep. Nancy Mace (RS.C.) that Trump was found “responsible for rape” in the E. Jean […]
Gold price stays firm on Monday as market awaits FOMC meeting – FXStreet
Gold prices rose despite a slight rise in the US dollar following mixed PMI data. Investors are awaiting the Fed's rate decision and economic outlook, expecting a 25bps rate cut on Wednesday. Markets are speculating on the Fed's future monetary policy based on the possibility of inflationary pressure from Trump's policies. Gold prices rose slightly […]
Dan Morehead Unveils Pantera Capital’s Crypto Holdings, Says Firm Owns Bitcoin and Other ‘Interesting’ Altcoins – The Daily Hodl
The CEO of Pantera Capital, an investment firm focused on digital assets, said his company owns several other cryptocurrencies in addition to Bitcoin (BTC). In a new interview with CNBC, Dan Morehead said he thinks Bitcoin and cryptocurrencies still have room to rise this cycle. Morehead notes that his firm has accumulated positions in three […]
NJ’s largest utility firm begs feds to shut down airspace over nuclear plant as mystery drones spotted
New Jersey's largest power company has asked the federal government to halt all air traffic around two nuclear power plants after drones were spotted over sensitive areas, The Post reported. I found out from the news. Rep. Fred Van Drew (R-N.J.) confirmed to the Post that PSE&G submitted the request to the Federal Aviation Administration […]
Biden Admin Goes After Finance Firm Led By Trump Cabinet Nominee
The Securities and Exchange Commission (SEC) on Thursday charged Cantor Fitzgerald LP, a global financial services firm led by one of President-elect Donald Trump's Cabinet nominees, with alleged violations of federal securities laws. The SEC has indicted a financial company on charges that it caused two special purpose acquisition companies (SPACs) it controlled to make […]
Staffing Firm Discriminated Against U.S. Graduates
Bloomberg News reports that major U.S.-based companies are using the H-1B visa program to fill low-wage Indian college graduates into white-collar jobs in the U.S., while hiring American college graduates. was discriminating against. The company, Cognizant Technology Solutions Corp., repeatedly promised to hire more U.S. graduates, but those promises were “all smoke and mirrors,” said […]
EUR/USD weakens amid firm US Dollar ahead of US inflation, ECB dovish bets – FXStreet
EUR/USD is testing the level below 1.0500 as the euro (EUR) continues to weaken, weighed down by expectations for further interest rate cuts from the ECB. The ECB is expected to cut deposit facility rates by 25 bps on Thursday for the third consecutive meeting. Investors are waiting for US inflation data to guide new […]
Deloitte sues 3 partners who ‘leaked secrets’ to rival firm
Big Four accounting firm Deloitte is suing three senior Hong Kong partners for leaking client secrets to rival firms and plans to transfer nine senior executives to the little-known firm en masse. . The London-based consultancy said in the lawsuit that Derek Lai, Adrian Chan and Forrest Kam, who work in the company's restructuring division, […]
Trump tells The Post about his ‘firm’ viral handshake with French President Emanuel Macron – and reveals NATO talks
President Donald Trump criticized the power-grabbing handshake he exchanged with French President Emmanuel Macon during a weekend meeting with the Post, but the president-elect insisted it was no big deal. “Just a solid shake. He understands that. It's just a solid shake,” Trump told the Post. Their handshake went viral on Saturday when they met […]
Firm in alleged Hochul bid-rigging scheme was set for takeover before it even won contract
The company, which is at the center of allegations of bid rigging surrounding Gov. Kathy Hochul's $9 billion overhaul of the home care program, added staff weeks before winning the contract, records show. Public Partnership LLC had already posted a job opening for a manager in August, about two months before officially winning the contract […]