Author: IA PressRoom

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo in Washington, United States, September 4, 2018. REUTERS/Yuri Gripas/ By Maxwell Akalaare Adombila and Jorgelina do Rosario ACCRA/LONDON (Reuters) – Ghana has sent a debt restructuring proposal to its official creditors, two sources with direct knowledge of the matter said, as the West African country battles to escape its worst economic crisis in a generation. The “working proposal” is a crucial first step for the cocoa, gold and oil producer to engage the official creditor committee after its formation in May and is not legally binding, one of the sources…

© Reuters. FILE PHOTO: Reddit app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/ (Reuters) -Reddit is laying off roughly about 5% of its workforce, or 90 employees, and slowing hiring as part of the social media company’s restructuring efforts, the Wall Street Journal reported on Tuesday, citing an email sent to employees by Chief Executive Steve Huffman. Huffman added that the company would reduce its hiring for the rest of the year to about 100 people from an early plan to hire 300 people, the report said. Reddit did not immediately respond to…

Source: AdobeUS Commodity Futures Trading Commission Chair Rostin Behnam pushed back on assertions that his agency would be a “light touch regulator” for cryptocurrency, following an eventful week and as lawmakers contemplate legislation to regulate the industry. Behnam was asked on Tuesday during a House Agriculture Committee hearing on opinions that the CFTC is seen as taking a lighter touch when it comes to regulating the crypto industry. The CFTC is seemingly the preferred regulator among crypto advocates. Behnam said he doesn’t take it as a compliment, noting that the CFTC is a principles based regulator — meaning moving away from detailed, prescriptive…

Former New Jersey Gov. Chris Christie filed paperwork Tuesday with the Federal Election Commission, a technical step as the 2016 Republican presidential contender and political brawler gets ready to declare his candidacy for a second White House run in hopes of taking down former President Donald Trump.Christie, 60, is expected to announce his candidacy for president in New Hampshire, the state that holds the first primary and second overall contest in the Republican presidential nomination race. Christie will formally launch his campaign at a town hall Tuesday evening at Saint Anselm College’s New Hampshire Institute of Politics, sources familiar with Christie’s…

Doximity eyes over $1B in revenue in fiscal 2028

Take steps now to protect against future losses due to cognitive decline. getty Surprisingly, one of the first signs of mild cognitive decline can be suffering a financial loss due to making a mistake, such as not correctly completing an investment transaction, or becoming a victim of fraud or exploitation. In many of these situations, retirees are still highly functioning and don’t have severe symptoms of dementia or Alzheimer’s disease. While the first course of action is to take steps to delay, mitigate, or prevent cognitive decline, in spite of your best efforts, you still might experience some form of…

An investment vehicle backed by a host of former board directors of gambling group GVC, including onetime chief executive Kenny Alexander, has taken a 6.5 per cent stake in William Hill owner 888, spotting an opportunity in the bookmaker’s low share price. FS Gaming Investments has also received the backing of GVC’s former chair Lee Feldman and Shay Segev, Alexander’s successor who oversaw GVC’s takeover of Ladbrokes and the creation of Entain. Segev, who now runs streaming service DAZN, ceded his voting rights to the group.The investor group, which revealed its 6.57 per cent stake on Tuesday, believes that 888’s…

© Reuters. Ford (F) names Whirlpool’s (WHR) Liz Door as new supply chain chief Ford Motor (NYSE:) on Tuesday announced the appointment of Liz Door from Whirlpool Corp (NYSE:) as its new chief supply chain officer, effective June 12. This decision comes as Ford anticipates a challenging 2023 due to chip shortages, supply chain problems, and production instabilities. Prior to joining Ford, Door held the position of executive vice president of global strategic sourcing at Whirlpool and also had experience in the global purchasing and supply chain organization at General Motors Co (NYSE:). “Door comes to Ford at a time…

Image Source: iStockThe Federal Bureau of Investigation has issued a stark warning about the growing threat of “deepfakes” being used in cyber extortion. In a recent report, the FBI said that malicious actors are using deepfakes to manipulate photographs or videos, often obtained from social media accounts or the open internet, and create sexually-themed images that appear authentic.They then circulate these photos on social media or pornographic websites for the purpose of sextortion schemes or to harass the victim.The FBI mentioned that the improvements in the quality, customizability, and accessibility of artificial intelligence-enabled image generators have further contributed to the growth of deepfakes. The…

CNN  —  When Supreme Court Justice Clarence Thomas appeared for the first time before the Florida Federalist Society in January 2020, Florida Gov. Ron DeSantis declared to a large banquet audience on the Disney World grounds: “I do think he is our greatest living justice.” Later that night, DeSantis and Thomas retreated to a private dinner at a steakhouse also at Disney with a few Federalist Society stalwarts, including Leonard Leo, a wealthy conservative activist who has influenced Supreme Court appointments more than anyone outside the White House and Senate. Thomas and Leo had been friends for decades, and Leo…