Author: Press Room

McLaren Racing Formula 1 Team and Mastercard officially launched their partnership on Thursday ahead of practice for the 2024 Las Vegas Grand Prix. McLaren Racing CEO Zak Brown and Mastercard chief marketing and communications officer Raja Rajamannar hosted several media outlets for a roundtable session at the KÀ by Cirque du Soleil at the MGM Grand Casino in Las Vegas. Mastercard’s red and yellow circles will be seen on the vehicles driven by Lando Norris and Oscar Piastri this weekend.CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM “One of the biggest brands in the world – global brand, innovation, technology,…

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This article was written byFollowI am passionate about investments and financial analysis with over 10 years of experience in global markets. Specializing in macroeconomics, I base my investments on long-term growth strategies. I have worked for years in research, analysis, and consulting in the financial sector, and for this reason, I closely follow market trends. My investment approach is based on rigorous research aimed at finding investment opportunities through a contrarian strategy. I strongly believe that, in the long term, certain sectors are destined to grow, and I seek to take positions in the market during times of difficulty at…

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Australian logistics company WiseTech has cut its revenue and profit forecasts after a series of allegations about its founder and chief executive Richard White disrupted its development and product release plans. WiseTech stock fell 14 per cent on Friday after the company cut its revenue forecast for the current financial year to between A$1.2bn ($780mn) and A$1.3bn from A$1.3bn-A$1.35bn. Earnings before interest, taxation, depreciation and amortisation is now forecast to be between A$600mn and A$660mn, down from as high as A$700mn previously. White, the 69-year old co-founder, has faced accusations of bullying and the non-disclosure of relationships with employees. The company released…

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Holidays may bring you into face-to-face contact with your aging parents and other loved ones. Maybe you’ve been meaning to talk with them for future planning. You hesitate because they’re stubborn and resistant to the whole subject. You’ve put it off. Now you may have an opportunity.Perhaps your aging parents are fiercely independent, resistant to help, or outright dismissive of their children’s concerns. Here are some thought on how to approach those difficult but necessary discussions with a stubborn parent who refuses to plan for the future. 1. Choose the Right Time and Place Pick a moment when both you…

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Mortgage rates climbed closer to 7% this week while sales of existing homes saw a revival from a dip in rates two months ago. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage rose to 6.84% from last week’s reading of 6.78%. The average rate on a 30-year loan was 7.29% a year ago. Meanwhile, the National Association of Realtors on Thursday reported that existing home sales jumped 3.4% in October from the month before to 3.96 million, lifting off a 14-year low in September.  “Home sales surged in October…

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CRISPR Therapeutics AG (NASDAQ:CRSP) Jefferies London Healthcare Conference November 20, 2024 11:00 AM ET Company Participants Samarth Kulkarni – Chief Executive Officer and Chairman Conference Call Participants Maury Raycroft – Jefferies Maury Raycroft Hi, everyone. My name is Maury Raycroft, I’m one of the biotech analysts at Jeffreys. I’d like to welcome Sam Kulkarni, the CEO of CRISPR Therapeutics. Sam, thanks so much for joining us today. Samarth Kulkarni Thank you for having me. Maury Raycroft And we’re going to do fireside chat format. So, for maybe for those who are new to the story, if you want to give…

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Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Indian billionaire Gautam Adani has been charged by federal prosecutors in New York in connection with an alleged years-long scheme to bribe Indian officials in exchange for favourable terms on solar power contracts projected to bring in more than $2bn in profit.The 62-year-old tycoon, who chairs the multinational conglomerate Adani Group and has been a vocal supporter of Prime Minister Narendra Modi, was indicted in Brooklyn on charges including securities fraud alongside seven others, including executives of Adani energy subsidiaries and former…

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Spousal benefits are commonly called family benefits; benefits available to family members. Let’s start with spousal benefits in order to truly understand ex-spousal benefits. Current spouses are eligible to receive 50% of their spouses Primary Insurance Amount at their full retirement age. For spousal benefits to be available to a current spouse, you need to meet the following criteria: You need to be married at least one year. You both need to be at least 62 years old. One spouse needs to be receiving their Social Security benefit. The receiving spouses Primary Insurance Amount needs to be at least two…

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XP Inc. (NASDAQ:XP) Q3 2024 Earnings Conference Call November 19, 2024 5:00 PM ET Company Participants Andre Parize – Head, IRThiago Maffra – CEOVictor Mansur – CFO Conference Call Participants Thiago Batista – UBSEduardo Rosman – BTGYuri Fernandes – JPMorganMario Pierry – Bank of AmericaTito Labarta – Goldman SachsNeha Agarwala – HSBCDaniel Vaz – SafraAndrew Geraghty – Morgan StanleyHenrique Navarro – Banco Santander Thiago Maffra [Abrupt Start] …posting a 12% increase year-over-year. As we will see during the presentation, it’s important to mention that it was another consistent quarter regarding net inflows, aligned with our levers and our capacity to…

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Unlock the White House Watch newsletter for freeYour guide to what the 2024 US election means for Washington and the worldA test launch of SpaceX’s megarocket failed to perform as planned on Tuesday, as president-elect Donald Trump looked on, with flight directors abandoning an effort to catch the vehicle’s reusable booster just minutes into the mission in a setback for SpaceX owner Elon Musk.Trump had travelled to Brownsville, Texas, to witness the sixth test of the unmanned Starship, the largest and most powerful rocket ever built. The vehicle is a crucial part of the US’s plan to put humans back…

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