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NFR 2021 Live

Updates NEWS: IBM Revenue Misses On Weakness In Legacy Infrastructure Unit

The lower-margin, legacy unit provides technical support to IBM’s clients and has shrunk in recent years as companies move to the cloud, becoming a drag on Big Blue’s earnings. Revenue at the global technology services unit, which houses the business set to be called Kyndryl after the spinoff, fell 4.8% to $6.15 billion in the …

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U.S. Stocks Mixed At Close Of Trade; Dow Jones Industrial Average Up 0.43% Updates 2021

At the close in NYSE, the Dow Jones Industrial Average rose 0.43% to hit a new 1-month high, while the S&P 500 index gained 0.37%, and the NASDAQ Composite index lost 0.05%. The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 2.52% or 10.71 points …

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Updates: Fed Report Shows Wage Pressures Amid ‘Modest To Moderate’ Economic Growth

U.S. employers reported significant increases in prices and wages even as economic growth decelerated to a “modest to moderate” pace in September and early October, the Federal Reserve said on Wednesday in its latest compendium of reports about the economy. “Outlooks for near-term economic activity remained positive, overall, but some Districts noted increased uncertainty and …

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Updates NEWS: Stronghold Digital Mining Soars 68% In Trading Debut Alongside Bitcoin’s Rise To All-Time High

Stronghold Digital Mining soared as much as 68% in its IPO debut on Wednesday as bitcoin also surged to a record all-time high of about $67,000. The bitcoin miner was founded in 2021 following a reorganization, is vertically integrated, and currently operates around 2,000 mining rigs powered by alternative energy. The company said in its …

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Volkswagen ID.4 USA Tour Sets A New Guinness World Records Title On Hankook EV Tires Updates 2021

NASHVILLE, Tenn., Oct. 20, 2021 /PRNewswire/ — Global leading tire company Hankook Tire has successfully completed the “Volkswagen ID.4: Great Roadshow through the U.S.” with its electric vehicle-specific tire Kinergy AS EV. The tour team has newly set a Guinness World Records title for the longest journey by electric car (non-solar) in a single country …

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Updates: Canadian Home Price Growth Slows To Near Standstill In September 2021

The Teranet-National Bank Composite House Price Index, which tracks repeat sales of single-family homes in 11 major Canadian markets, rose 0.1% in September from August, marking the fourth consecutive month in which the monthly price increase was lower than the previous month. “The slowdown in price growth can be linked to the slowdown in housing …

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Updates NEWS: Universal Electronics Ended Relationship With Agency Linked To Uyghur Workers

Reuters reported earlier this month that Universal struck a deal with authorities in Xinjiang to transport hundreds of Uyghur workers to its plant in the city of Qinzhou. Three U.S. senators said on Wednesday they had sent a letter to the company asking about the matter. “UEI made the decision last week to end its …

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Trump Organization, Under Indictment, Faces New Probe By New York County -NYT Updates

The district attorney in Westchester County, a suburb north of New York City, has subpoenaed records from the Trump Organization property in recent months under a criminal investigation, the report said. Also subpoenaed were records from Ossining, the town that sets property taxes on the opulent Trump National Golf Club Westchester, according to the New …

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Updates NEWS: Series Of Failures After Fire Led To Destruction Of U.S. Warship -Navy

More than 60 people, including about 40 sailors, were treated for minor injuries during several days of fighting flames on the 844-foot-long (257-meter) amphibious assault ship Bonhomme, which was docked for maintenance at its home port at U.S. Naval Base San Diego. A U.S. Navy sailor was charged earlier this year with starting a fire …

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