Month: November 2021

Singapore’s largest bank beats expectations with 31% jump in third-quarter profit

Finance
In this article .STI DBSM-SG The building of DBS, Singapore’s largest bank, at the city state’s central business district. Suhaimi Abdullah | Getty Images News | Getty Images SINGAPORE — Singapore’s largest bank, DBS Group Holdings, posted third-quarter earnings that beat analysts’ estimates as its chief executive flagged improving business conditions in the months ahead.
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Elizabeth Holmes said she was the ‘ultimate decision maker’ at Theranos in 2017 deposition as her defense team argues the opposite in criminal trial

Wealth
If Elizabeth Holmes testifies in her own criminal trial, videotaped depositions may be a clue of how she’ll fare on the stand. Twelve days after she was indicted on fraud charges, Holmes, the CEO and founder of Theranos, sat for a nearly four hour deposition in which she hardly answered any questions. But in the
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Space stock Maxar jumps after Q3 results, as Wall Street welcomes progress on key satellites

Investing
In this article MAXR A close look at the primary mirror of a Worldview Legion satellite during assembly and inspection. Maxar Maxar Technologies‘ stock jumped on Thursday after reporting third-quarter results, with Wall Street analysts welcoming the space company’s progress toward the launch of key satellites next year. The company reported an adjusted EBITDA profit
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Democrats manage to get 4 weeks of paid leave back into social spending bill. But it’s still too early for Americans to count on

Personal finance
Families, parents and caregivers call on Congress to include paid family and medical leave in the Build Back Better legislative package during an all-day Nov. 2, 2021 vigil in Washington, D.C. Paul Morigi | Getty Images Entertainment | Getty Images Democrats and advocates for paid family leave were handed a victory in the fight for
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Several big business groups aren’t happy with Biden’s Covid vaccine mandate

Business
Demonstrators hold signs during a protest against Covid-19 mandates outside the General Motors (GM) Tech Center in Warren, Michigan, U.S., on Wednesday, Nov. 3, 2021. Mathew Hatcher | Bloomberg | Getty Images Several business groups expressed concern about President Joe Biden’s Covid vaccine mandate on Thursday, arguing that the requirements will burden businesses during the
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Peloton shares fall 24% as company posts wider-than-expected loss and slashes full-year outlook

Earnings
In this article PTON A Peloton Bike Shannon Stapleton | Reuters Peloton is set to report its fiscal first-quarter financials after the market closes on Thursday. Here’s what analysts polled by Refinitiv are expecting: Loss per share: Loss of $1.07, adjusted Revenue: $810.7 million Beyond the quarterly results, investors will be paying close attention to
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Swedish start-up Quartr gains high-profile backers to modernize investor relations

Investing
Quartr A new start-up is attempting to modernize the investor relations industry to meet the surge of new retail investors. Swedish start-up Quartr recently raised $4.5 million to help build out its product, which includes recordings of earnings calls and financial documents from major companies. Investors in Quartr include executives at the Ritholtz Group —
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