Home / 2022 / November (page 72)

Monthly Archives: November 2022

Israel’s Benjamin Netanyahu, charged with corruption, set for a dramatic comeback

Israeli Prime Minister Benjamin Netanyahu speaks at a ceremony in Jerusalem, April 13, 2021. Debbie Hill | Reuters Votes are being counted after Israelis cast their ballots in the country’s fifth election since 2019. And with 84% of the results in, former Prime Minister Benjamin Netanyahu’s bloc is on course …

Read More »

Banned Twitter users won’t return for at least another few weeks

In this illustration, Elon Musk’s Twitter account is displayed on the screen of a mobile phone with the Twitter logo in the background. A whistleblower’s complaint that Twitter misled federal regulators about the company’s security risks could provide Elon Musk with fresh ammunition in his bid to get out of …

Read More »

Disney CEO Bob Chapek prepares for GOP to become majority in Congress

Bob Chapek, Chief Executive Officer of Disney, speaks at the 2022 Disney Legends Awards during Disney’s D23 Expo in Anaheim, California, September 9, 2022. Mario Anzuoni | Reuters Disney is preparing for Republicans to take control of the House, as polls suggest the party has an edge over Democrats in …

Read More »

Facebook has lost political ad dollars since Apple crackdown

A woman walks past a polling station during early voting for the US midterm elections on October 28, 2022 in Silver Spring, Maryland. Brendan Smialowski | AFP | Getty Images In the 2020 election cycle, the Democratic Governors Association spent roughly 75% of its advertising budget on Facebook, taking advantage …

Read More »

ADP jobs report October 2022

Private payroll growth held strong in October while worker pay rose as well, particularly in the leisure and hospitality industry, according to a report Wednesday from payroll processing firm ADP. Companies added 239,000 positions for the month, ahead of the Dow Jones estimate of 195,000 and better than the downwardly …

Read More »

CVS, Estee lauder, Canada Goose and others

Check out the companies making headlines before the bell: CVS (CVS) – CVS gained 1.9% in the premarket after reporting better-than-expected revenue and profit for its latest quarter. The company also raised its adjusted full-year guidance. The outlook excludes charges related to a just-announced $5 billion settlement of opioid litigation. …

Read More »

Mortgage demand falls even as rates slip from recent highs

Mortgage application volume barely moved last week, falling 0.5% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Rates, meanwhile, dropped back a little bit last week, but they’re still near a 22-year high. The average contract interest rate for 30-year fixed-rate mortgages with conforming …

Read More »

Crypto winter ‘only going to get worse,’ blockchain firm CEO says

There’s something about the latest crypto crash that makes it different from previous downturns. Artur Widak | Nurphoto | Getty Images The ongoing crypto winter is “only going to get worse” as the industry recalibrates to a higher interest rate world, according to the chief executive of blockchain firm Tezos. …

Read More »

Binance was in the dark about Musk’s Twitter U-turn, CEO says

Co-founder and CEO of Binance, Changpeng Zhao, speaks on stage during the opening night of Web Summit 2022. Hugo Amaral | Sopa Images | Lightrocket | Getty Images LISBON, Portugal — The boss of crypto exchange Binance says he wasn’t privy to Elon Musk’s thinking when the billionaire backed away …

Read More »

Standard Charted, HSBC bullish on Hong Kong and China economy

Major lenders Standard Chartered and HSBC expect Hong Kong and China’s economy to rebound, even as Beijing continues to ramp up its Covid measures and Hong Kong’s economy posted its worst quarter in more than two years. Their comments come as China imposed fresh lockdowns in Guangzhou, Wuhan and Xining …

Read More »