Business – Page 763 – Freedom 96.9

A settlement is reached in a case tied to eBay’s bizarre deliveries and harassment campaign

Thursday, February 26 by SRN News

BOSTON (AP) - A Massachusetts couple who were subjected to threats and bizarre anonymous deliveries - including live insects, a funeral wreath and a bloody pig Halloween mask - by former eBay Inc. employees reached a settlement Wednesday in their lawsuit against the company. In... Read More.

Bill Gates ‘spoke candidly’ about Epstein ties at a Gates Foundation meeting, spokesperson says

Thursday, February 26 by SRN News

Bill Gates addressed his connection to convicted sex offender Jeffrey Epstein and "took responsibility for his actions" during a town hall meeting of his nonprofit Gates Foundation on Tuesday, the nonprofit said. "Bill spoke candidly, addressing several questions in detail," a Gates Foundation spokesperson said... Read More.

Synopsys forecasts muted quarter on China export restrictions, shares fall

Thursday, February 26 by SRN News

Feb 25 (Reuters) - Synopsys' second-quarter revenue forecast fell short of investor expectations on Wednesday, as the chip design software maker navigates export restrictions in China and broader economic uncertainty. Shares fell more than 5% in extended trading. The company has faced a slowdown in China... Read More.

Fintech Chime sees 2026 revenue above estimates on strong demand; shares surge

Thursday, February 26 by SRN News

By Manya Saini Feb 25 (Reuters) - Financial technology firm Chime forecast 2026 revenue above Wall Street estimates on Wednesday, helped by strong demand for its digital banking products and resilient consumer spending. The entry of new-age fintechs offering digital services, easy-to-use platforms and lower... Read More.

Air New Zealand swings to first-half loss on engine maintenance delays, weak demand

Wednesday, February 25 by SRN News

Feb 26 (Reuters) - Air New Zealand swung to a first-half loss on Thursday, hit by persistent engine maintenance delays, slower-than-expected recovery in domestic demand, and higher costs, forcing the airline to refrain from declaring a dividend. New Zealand's flagship carrier reported a loss before... Read More.

US says it will allow resale of Venezuelan oil to Cuba

Wednesday, February 25 by SRN News

By Marianna Parraga and Bhargav Acharya WASHINGTON, Feb 25 (Reuters) - The U.S. Treasury Department said on Wednesday it would authorize companies seeking licenses to resell Venezuelan oil to Cuba, according to guidance posted on the department's website, a move that could help ease the... Read More.

World Trade Center’s last office tower soon will get built and house American Express

Wednesday, February 25 by SRN News

NEW YORK (AP) - The World Trade Center's final office tower will start construction as soon as this spring and become American Express ' new headquarters, Gov. Kathy Hochul and the company said Wednesday, marking a milestone nearly 25 years after the Sept. 11... Read More.

LSEG under pressure on AI and margins as Elliott weighs in

Wednesday, February 25 by SRN News

By Charlie Conchie LONDON, Feb 25 (Reuters) - With its stock price down about 30% in the past year and an activist investor pushing for change, LSEG CEO David Schwimmer is under pressure to show how he can lift the exchange and data group's fortunes... Read More.

US regulator says it has power to police prediction market misconduct

Wednesday, February 25 by SRN News

By Chris Prentice NEW YORK, Feb 25 (Reuters) - U.S. Commodity Futures Trading Commission (CFTC) on Wednesday said it has the power to police illegal trading practices in predictions markets, following a statement from a top firm that it had flagged two insider trading cases... Read More.

Fed’s Schmid says high inflation still bigger issue facing central bank

Wednesday, February 25 by SRN News

By Michael S. Derby NEW YORK, Feb 25 (Reuters) - Federal Reserve Bank of Kansas City President Jeffrey Schmid said on Wednesday that overly high inflation remains a key problem the central bank needs to address, but he stopped short of saying how monetary policy... Read More.

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