Author: Press Room

Thursday April 20th, 2023 – Love Hate Inu, the sensational meme coin that’s taking the crypto world by storm has raised a staggering $5 million in its ongoing presale as eager investors snap up its $LHINU tokens.Contributors to the blockchain-powered vote-to-earn project are bowled over by the genius and simplicity of the Love Hate Inu business model. Far from being another vacuous meme coin, Love Hate Inu has hit upon a viral formula that everyone can understand: vote on the people and things you love or hate.FOMO is taking off. On presale now for $0.000115, $LHINU is fast approaching its Stage…

Hey there! Dan DeFrancesco in NYC. If you’re feeling bummed about missing Coachella, don’t be. These photos from the event demonstrate the difference between Instagram and reality at the music festival. Also, you’re probably too old to go anyway. Today, we’ve got stories on Kim K’s PE firm, why soon-to-be Bain employees might have a lot more free time — and cash — on their hands, and a must-read story on “Love is Blind.”But first, let’s right the ship. If this was forwarded to you, sign up here. Download Insider’s app here.1. I will try to fix you. Oh, Goldman. The bank, which…

Elon Musk was grilled about Tesla’s recent price cuts during the carmaker’s earnings call. Musk said Tesla could sell its product for “zero profit” due to future yields from its autonomous technology. The company has trimmed prices six times this year, and its profit margins have dropped as a result. 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 Investors and analysts questioned Elon Musk on Tesla’s recent price cuts during the companies earnings call on Wednesday.The Tesla CEO answered over a half dozen questions…

Regional banks across the US have largely stopped the massive outflow of deposits that threatened their stability after the collapse of Silicon Valley Bank but their profit margins are shrinking unexpectedly quickly.Many of the more than a dozen midsized US banks that reported earnings this week warned the turmoil following SVB’s collapse had heightened competition for deposits, forcing them to increase the rates they pay to savers and crimping their expected earnings.Providence-based Citizens Financial Group, the nation’s 15th largest bank by assets, told investors its income from lending would grow at about half the rate it had forecast, because it…

Florida’s Gov. Ron DeSantis signed a bill Thursday that will no longer require juries agree unanimously to recommend death sentences, reducing the number of jurors need to recommend a death sentence to the lowest threshold of any state with capital punishment. SB 450 reduces the number of jurors needed to recommend a death sentence from 12 to 8. The bill was prompted by a jury’s decision last year to not hand the death penalty to Parkland school shooter Nikolas Cruz. A jury recommended Cruz receive a life sentence without the possibility of parole instead for the February 2018 shooting at…

By Sabela Ojea Wrap Technologies Inc. said Monday that it named its president as its new chief executive, and released the company’s revenue expectations for the first quarter. The public safety technology and services company, which forecast a more-than-halved revenue in the first quarter, said it tapped President Kevin Mullins as its CEO, as TJ Kennedy has agreed to step down immediately. Wrap Technologies sees first-quarter revenue between $600,000 and $700,000, down from reported revenue of $1.6 million a year earlier. “The decline in revenue is primarily attributable to the timing of new orders being delayed until later in 2023,”…

The numbers: Existing-home sales in the U.S. fell 2.4% in March, as buyers contended with higher mortgage rates and a lack of new listings. Sales of previously owned homes in the U.S. fell to an annual rate of 4.44 million in March, the National Association of Realtors said Thursday.  That’s the number of homes that would be sold over an entire year if sales took place at the same rate in every month as they did in March. The numbers are seasonally adjusted. The drop in sales reverses a sudden jump in February, when home sales rose to a revised…

U.S. bond yields rose Wednesday morning after data showed stubbornly high price pressures in the U.K., reviving inflation concerns.What’s happening The yield on the 2-year Treasury note TMUBMUSD02Y, 4.144% climbed to 4.242% from 4.197% on Tuesday. Yields move in the opposite direction to prices. The yield on the 10-year Treasury note TMUBMUSD10Y, 3.534% rose to 3.611% from 3.571% as of Tuesday afternoon. The yield on the 30-year Treasury bond TMUBMUSD30Y, 3.741% advanced to 3.805% from 3.787% late Tuesday. What’s driving markets Data released on Wednesday showed that U.K. inflation is proving sticky, causing a broad selloff in government bonds that…

© Reuters. FILE PHOTO: The logo of Las Vegas Sands Corp is pictured at the Japan IR EXPO in Yokohama, Japan January 29, 2020. REUTERS/Kim Kyung-Hoon By Doyinsola Oladipo NEW YORK (Reuters) -Las Vegas Sands Corp on Wednesday reported quarterly revenue that surpassed Wall Street estimates as March visitation levels accelerated gaming volumes, retail sales and hotel occupancy. The Las Vegas-based casino operator said traffic is rebounding in Singapore and Macao, and it expects further improvement in travel and tourism spending from China and Hong Kong as airline and ferry capacity rebounds. Shares of the casino operator rose about 5%…

By Timothy Gardner and Moira Warburton WASHINGTON (Reuters) – The U.S. Treasury published a warning to U.S. companies on Monday of possible evasions of the Russian petroleum price cap of exported through the Eastern Siberia Pacific Ocean (ESPO) pipeline and ports in eastern Russia. The Office of Foreign Assets Control (OFAC) at the department said it is aware of reports that ESPO and other crude oils exported via Pacific ports, such as Kozmino, may be trading above the $60 price cap imposed on Russia by Western countries, and that U.S. entities may have unknowingly provided services for those trades. The…