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Asia Stocks Drop With Focus on Nvidia, China Moves: Markets Wrap – Yahoo Finance

(Bloomberg) — Asian stocks fell following a tech-led setback on Wall Street, with Chinese markets giving a mixed reaction to Beijing’s latest steps to restore investor confidence. Most Read Articles on Bloomberg The index of Chinese companies listed in Hong Kong rose 1.6% after opening lower, while the CSI300 index of mainland stocks fell 0.2%. […]

Ignore gold and focus on silver as prices rally 7% from support – KITCO

(Kitco News) – Rising inflationary pressures are hitting the gold market. Despite the many criticisms leveled at the precious metal, it continues to have significant support, at least for now, according to some analysts. Gold ended its second week in negative territory, but entered the weekend well off its lows after holding a key support […]

Cisco to lay off 4,000 to focus on AI technology

Information technology and software maker Cisco has announced plans to cut about 4,250 employees to focus on artificial intelligence. The layoffs will represent about 5% of the company’s approximately 85,000 employees worldwide, and will cost the company $800 million before taxes in severance and benefits payments to departing employees. CEO Chuck Robbins told investors that […]

Mastercard Says Click to Pay Is Primed for Growth as Merchants Focus on Conversion – PYMNTS.com

It’s been nearly five years since Click to Pay (originally known as Secure Remote Commerce) was introduced. jennifer marrinerVice President of Global Acceptance Solutions master CardKaren Webster said, “The real-world use cases are much broader than we imagined, spanning consumer and B2B transactions.” Online receptionists that use tokenized virtual cards to store payment information are […]

Cisco to lay off more than 4,000 employees to focus on AI

Cisco has revealed plans to reduce its workforce by 5% to increase its focus on artificial intelligence. The technology giant has approximately 4,250 employees worldwide. San Jose, Calif.-based Cisco said the layoffs will cost the company about $800 million in pre-tax losses related to severance and benefits, and will increase the company’s investment in high-growth […]

ME Gov. Mills proposes $71M supplemental budget, with focus on Lewiston massacre

Democratic Maine Governor Janet Mills announced a $71 million supplemental budget on Wednesday. The proposed adjustments to the Pine Tree State’s two-year budget specifically address mental health and firearm safety issues in the wake of last year’s Lewiston mass shooting, the deadliest in Maine history. “This proposal balances timely investments to address urgent needs with […]

Mets open spring training with run-prevention focus

PORT STREET LUCIE — A new collection of weapons arrived this winter, along with some gloves, making goal prevention a focus of the Mets’ competitive plans this season. Of the 13 new players added to the team’s 40-man roster by President of Baseball Operations David Stearns since the end of last season, none are considered […]

Clinton adviser warns Biden needs to ‘do more’ than focus on Trump in 2024

An adviser to former President Bill Clinton warned Sunday that President Biden needs to expand his appeal to 2024 voters, rather than focusing solely on attacks on former President Trump, if he wants to win re-election. Doug Sosnick, a senior adviser to Mr. Clinton, compared the 2024 election to 1980 in an article. New York […]