Lyft shares fall despite reported revenue growth


image, Kelly Sullivan ,Getty Images, lyft The stock is underperforming compared to its main rival, UberConcerns are growing that the rideshare company may have to pay for its losses price gouging and cost-cutting measures. The company’s shares fell 32% on Friday, the biggest one-day drop since its shares plunged 30% in May 2022. wall street …

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Shareholders sue Shell, saying it’s too obsessed with fossil fuels


picture, carl court ,Getty Images, You.K.–based environmental law firm ClientEarth is suing Shell’s 11-member board, saying they are failing to properly manage Business Risks associated with climate change. The suit, filed in the High Court of England, Claim that the company’s current cclimate strategy is insufficient, which puts shell at a financial risk as the …

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Cash Cloud, the Bitcoin ATM Maker, Is Broke Amidst Crypto Winter


picture, jeremyward ,Shutterstock, You’ve definitely seen one…a large, orange-eyed lesion strangely moving around your local corner supermarket Or sitting ominously near the neighborhood gas station. Should you be foolish enough to make contact, prying eyes will encourage you to dig into your wallet and fork over cold hard cash in exchange for make-up.Money from internet …

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Regulators are very experienced, have seized of the matter: Finance Minister on Adani Group row | companies news


New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the country’s regulators are very experienced and understand the matter related to the Adani Group crisis. The minister was replying to a question on the Supreme Court’s observations on public interest litigations (PILs) alleging exploitation of investors and “artificial crash” of Adani Group shares. “I will …

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Adani case: Finance Minister said, our experts are monitoring the regulatory matter


Finance Minister Nirmala Sitharaman on Saturday lauded India’s regulators and said they have an understanding of the matter (Adani-Hindenburg case). “India’s regulators are very, very experienced and they are experts in their domains,” he said at a press conference after addressing the central board of the Reserve Bank of India here. She was replying to …

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Last year’s Super Bowl ad for crypto promised everything and delivered nothing


If only the original commercial was Larry David saying “No, I don’t think so” to FTX.GIF, FTX/Gizmodo “Crypto? Oh, that’s right, cryptocurrency. Those fake digital coins, right? I remember seeing them at last year’s Super Bowl. Larry David was in one. I thought the commercial was pretty funny. Say, that whole cryptocurrency How’s it going?” …

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