Author: IA PressRoom

Post Holdings announces $400M buyback

Salesforce really wants its employees back in the office. It’s willing to fork out up to $2.5 million in return for employees showing up to the office, Fortune reported. The company said it will donate $10 to a local charity per day an employee shows up between June 12 and June 23. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Cloud software giant Salesforce is so desperate for employees to return to the office that it’s willing to fork out up to $2.5 million…

© Reuters. Woman holds British Pound banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo (Reuters) -Britain’s Payment Systems Regulator (PSR) said on Wednesday it has made it mandatory for banks and payment firms to reimburse victims of online bank fraud within five days, in cases where users at a business send money to a bank account controlled by fraudsters. Thousands of people have seen their savings swept away in recent years by an unprecedented wave of fake online bank transactions hitting Britain, called authorised push payment (APP) fraud. The PSR said the new rules will be imposed…

© Reuters. FILE PHOTO: Ivan Menezes, CEO of Diageo, speaks to guests during the annual Reuters IMPACT summit in London, Britain October 3, 2022. REUTERS/Maja Smiejkowska/File Photo (Reuters) – Diageo (LON:) said on Wednesday Chief Executive Officer Ivan Menezes has passed away following a brief illness. The announcement comes after the world’s biggest spirits company said on Monday that CEO-designate Debra Crew will assume the top role on an interim basis immediately as Menezes underwent medical treatment.

Bitcoin, the leading cryptocurrency, has experienced a rebound in its price, climbing back up to $27,000 after facing a significant drop caused by the SEC’s lawsuit against Binance. The lawsuit has created uncertainty in the cryptocurrency market, impacting various digital assets. However, Bitcoin has regained momentum and attracted buyers, leading to its upward movement. In this Bitcoin price prediction, we will delve into the factors influencing Bitcoin’s price recovery and explore the potential future outlook for the cryptocurrency.Challenges to US Dollar Dominance: Chinese Yuan, Euro, and Digital Currencies Pose Threat, Says TD EconomistIn a report released last week, Vikram Rai, a senior economist…

CNN  —  Speaker Kevin McCarthy kicked off a closed-door meeting on Tuesday morning with a plea to his members: Let’s move on from last week’s debt ceiling drama and focus on the “next play.” A bloc of Republican hardliners had different ideas. Hours later, a band of 10 rebels took down the GOP leadership’s push to move on two bills this week, an extraordinary move they said was retaliation for McCarthy’s deal with President Joe Biden to suspend the national debt limit. The revolt underscored the fragility of McCarthy’s narrow majority and the lingering tensions with the right-wing of his…

Mark Meadows, the fourth and final White House chief of staff during Donald Trump’s four-year presidency, has testified before the federal grand jury reviewing evidence in two special-counsel investigations into the former president, the New York Times reported late Tuesday. ABC News reportedly confirmed the New York Times reporting and quoted an unnamed source as having said Meadows “answered questions on both Trump’s efforts to overturn the 2020 election and Trump’s alleged mishandling of classified documents.” Jack Smith, the special counsel appointed in November by Attorney General Merrick Garland, was tasked with probing Trump on two distinct tracks: the keeping…

Kumar Birla, chairman of Aditya Birla Group, speaks during a panel session at the World Economic … [+] Forum (WEF) in Davos, Switzerland, on May 25, 2022.Hollie Adams/Bloomberg Kumar Mangalam Birla plans to invest 50 billion rupees ($605 million) to go into the jewelry business. A statement from the Aditya Birla Group on Tuesday said a new venture, Novel Jewels, will open stores across India and feature in-house brands. It did not say when the first store will open. “This foray is a strategic portfolio choice that allows us to tap into new growth engines and expand our presence in…

UK house prices registered the first annual contraction in more than a decade in May as prospective buyers were hit by higher mortgage rates, according to the mortgage provider Halifax.Property prices were 1 per cent down last month compared with May 2022, the first annual fall since December 2012.Kim Kinnaird, director at Halifax Mortgages, said that the fall in prices reflected “the impact of higher interest rates”. She added that markets expected further rate increases, which “will inevitably impact confidence in the housing market”.Halifax reported that average property prices had now fallen by about £3,000 over the past 12 months…

© Reuters. FILE PHOTO: People walk past a Citibank branch in New York August 21, 2012. REUTERS/Brendan McDermid (UNITED STATES – Tags: BUSINESS)/File Photo BEIJING (Reuters) – Citigroup (NYSE:)’s Chief Executive Jane Fraser held a meeting with the head of China’s new financial regulator on Monday, the National Financial Regulatory Administration (NFRA) said, as the bank expands its presence in the market after withdrawing from retail banking globally. China will open up its financial sector further, Li Yunze, chief of China’s financial regulator told Fraser, the NFRA said in a statement on Wednesday. The U.S. lender started shutting down its…