Nextdoor Cuts Staff by 25% Amid Challenging Advertising Environment
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Nextdoor, the locally focused social network, is making significant workforce reductions as it adapts to a more difficult advertising landscape. CEO Sarah…
Pfizer to Close Facility in Peapack, NJ, Affecting 781 Workers
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By Emon Reiser Pfizer, a leading pharmaceutical company, will be closing its facility located in Peapack, N.J. This decision will have a…
Portuguese PM Resigns Amid Corruption Probe
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In a stunning turn of events, Portuguese Prime Minister António Costa has announced his resignation following his involvement in a far-reaching corruption…
Datadog Inc. Posts Impressive Quarterly Results and Forecasts
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Datadog Inc. (DDOG) shares surge by 24% in premarket trading following the release of its latest quarterly results and better-than-expected forecast. Company’s…
UBS Reports Loss in Q3 Due to Merger Costs
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UBS, the Swiss banking giant, has announced a loss in the third quarter, mainly attributed to the high costs associated with its…
Beazley Remains Optimistic Amidst Israel-Hamas Conflict
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Written Premiums Rise for Beazley in 2023, Expects No Impact from Middle East Conflict Beazley, the specialty insurer, has expressed confidence that…
The Resilient U.S. Economy in the Face of Rising Mortgage Rates
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The U.S. economy has shown incredible resilience this year, despite the rapid increase in mortgage rates that has brought the housing sector…
Processing Glitch Causes Delays in Bank Transfers
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A recent processing glitch in the U.S. bank account transfer network has resulted in delays in settling deposits, with some transactions still…
Guggenheim Investments Predicts Rate Cuts as Bond Market Faces Turmoil
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Guggenheim Investments is urging investors to look beyond the chaos in the bond market and prepare for the Federal Reserve’s potential shift…
ApeFest Event Leaves Attendees with Eye Discomfort and Vision Problems
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Several guests who attended the Bored Ape NFT event known as ApeFest in Hong Kong are reporting symptoms of eye discomfort and…
Hims & Hers Health Inc. Reports Strong Growth and Raises Revenue Guidance
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Shares of Hims & Hers Health Inc. (HIMS) experienced a noteworthy increase of over 3% during the extended session on Monday. The…
Ryanair Expects Record Annual Profit and Introduces Dividend
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Ryanair, Europe’s largest airline, saw a significant surge in its shares on Monday, with a jump of over 6%. This follows the…