News

Citi's chief accounting officer Johnbull Okpara departs
September 11, 2024 08:25 AM AEST| By EODHDCitigroup's chief accounting officer and controller Johnbull Okpara resigned to pursue another opportunity, effective Tuesday, the bank said in a filing.

Convicted Nikola founder Milton owes electric truck maker $168 million, judge rules
September 11, 2024 08:17 AM AEST| By EODHDA U.S. judge said Trevor Milton, the Nikola founder who was sentenced to four years in prison after being convicted of fraud, must pay the electric truck maker $167.7 million for making false and misl...

Canadian National lowers 2024 profit forecast due to labor stoppages, wildfires
September 11, 2024 08:14 AM AEST| By EODHD(Reuters) - Canadian National Railway said on Tuesday that its operations have fully recovered following several months of labor uncertainty, as well as a complete shutdown of its Canadian network. Th...

Tech firms halve business travel in 2023 but Alphabet, Apple lag, study shows
September 11, 2024 08:08 AM AEST| By EODHDGlobal tech giants halved their business flight emissions in 2023 compared to 2019, but companies like Apple and Google's parent Alphabet are falling behind, risking a return to pre-pandemic levels, a...

Novo Nordisk experimental obesity pill has mild-to-moderate side effects in early trial
September 11, 2024 08:07 AM AEST| By EODHDNovo Nordisk's highly anticipated experimental weight-loss pill amycretin was safe and tolerable for patients in an early-stage trial, with mild-to-moderate side effects, the company said on Wednesday...

Novo's older obesity drug is safe and effective for children, study finds
September 11, 2024 08:05 AM AEST| By EODHDNovo Nordisk's older weight-loss drug Saxenda helped children between the ages of 6 and under 12 reduce their body mass index by 7.4% in a 56-week trial, according to results presented at a medical me...

Germany's injured Fuellkrug to miss out for West Ham at the weekend
September 11, 2024 07:58 AM AEST| By EODHDGermany striker Niclas Fuellkrug will miss West Ham United’s clash at Fulham in the Premier League on Saturday after picking up an injury on international duty.

Morning Bid: Disinflation dynamics deepen
September 11, 2024 07:53 AM AEST| By EODHDA look at the day ahead in Asian markets.

BridgeBio to stop development of therapy for genetic disorder
September 11, 2024 07:52 AM AEST| By EODHDBridgeBio Pharma said on Tuesday it will stop development of its experimental therapy for a genetic disease that affects the adrenaline-producing gland.

Tech firm executives to testify before US Senate about election threats, Axios reports
September 11, 2024 07:42 AM AEST| By EODHDWASHINGTON (Reuters) - Executives from major tech firms like Google, Adobe, Microsoft and Meta Platforms will testify next week at a U.S. Senate Intelligence Committee hearing on election threats, Axi...

Sean 'Diddy' Combs ordered to pay $100 million in sexual assault lawsuit
September 11, 2024 07:38 AM AEST| By EODHDA Michigan inmate who accused Sean “Diddy” Combs of drugging and sexually assaulting him at a party almost 30 years ago has been awarded a $100 million judgment against the rapper and record producer.
Hawaii Water Service Operations Manager Recognized Nationally for Response During Lahaina Fire
September 11, 2024 07:30 AM AEST| By InvezzSAN JOSE, Calif., Sept. 10, 2024 (GLOBE NEWSWIRE) — (NYSE: CWT)—For his leadership to keep water flowing to his local communities during the devastating Lahaina wildfire last year, the National Association of Water Companies (NAWC) honored John...

Murdoch’s REA Starts Takeover Talks With UK Property Portal Rightmove
September 11, 2024 07:10 AM AEST| By EODHD(Bloomberg) -- Australian real estate listing provider REA Group Ltd. has started preliminary takeover talks with Rightmove Plc, days after confirming its interest in the UK’s biggest property portal...

Equities Close Mixed Ahead of Consumer Inflation Report
September 11, 2024 07:07 AM AEST| By EODHDEquities Close Mixed Ahead of Consumer Inflation Report

Kenya airports union workers say they will strike over planned airport leasing
September 11, 2024 07:01 AM AEST| By EODHDThe biggest union of Kenya's aviation workers plans to go on strike on Wednesday to protest against a proposed deal for India's Adani Group to lease the country's main airport for 30 years in exchange...

Leonardo DRS Delivers Critical C5I Capabilities for New Australian Army Combat Vehicles
September 11, 2024 07:00 AM AEST| By EODHDARLINGTON, Va., September 10, 2024--(BUSINESS WIRE)--Leonardo DRS, Inc. (NASDAQ: DRS) announced today that it has delivered, ahead of schedule, critical C5I capabilities for the Australian Army’s Heav...

Czechs beat Ukraine 3-2 in Nations League
September 11, 2024 06:59 AM AEST| By EODHDTwo first-half Pavel Sulc goals guided the Czech Republic to a 3-2 win over Ukraine on Tuesday in the Nations League, with a late penalty ensuring the win for the hosts in a match in which both sides...

U.S. Global Investors Reports $11 Million Revenue in Fiscal 2024, Repurchasing Over $2 Million in Shares While Generating a Strong Shareholder Yield of 9.41%
September 11, 2024 06:58 AM AEST| By InvezzSAN ANTONIO, Sept. 10, 2024 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with deep expertise in global markets and specialized sectors from gold mining to airlines, today a...

Ex-Michigan college football players sue NCAA for $50 million
September 11, 2024 06:51 AM AEST| By EODHDA group of former star football players at the University of Michigan has sued the National Collegiate Athletic Association, demanding to be paid $50 million for the continued commercial use of their...

GameStop reports decline in revenue as online purchases hit videogame retailer
September 11, 2024 06:42 AM AEST| By EODHDVideogame retailer GameStop reported a fall in second-quarter revenue on Tuesday, as consumers moved away from traditional brick-and-mortar stores to online purchasing.