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Commission opens in-depth investigation into the proposed acquisition of Figma by Adobe

Published Fri, 07 Feb 2025 10:32:10 GMT

The European Commission has opened an in-depth investigation to assess, under the EU Merger Regulation, the proposed acquisition of Figma by Adobe. The Commission is concerned that the transaction may reduce competition in the global markets for the supply of interactive product design software and for digital asset creation tools.Furthermore, the Commission will further investigatewhether the transaction may foreclose rival providers of interactive product design tools by bundling Figma with Adobe's Creative Cloud suite.The Commission will now carry out an in-depth investigation into the effects of the proposed transaction to determine whether its initial competition concerns are confirmed. The opening of an in-depth inquiry does not prejudge the outcome of the investigation.Executive Vice President Margrethe Vestager, in charge of competition policy, said: "Adobe and Figma are two leading providers of software for the creative community in the digital sphere. Many users and busine...

Ask Amy: Am I overreacting to this young woman’s social media post?

Published Fri, 07 Feb 2025 10:32:10 GMT

Dear Amy: I have twin nieces, age 29. We’ve always been close.Their dad (my brother) is an alcoholic known to draw unwanted attention to himself. You can imagine being teenagers and dealing with this challenge and embarrassment.I am the “gunkle” (gay uncle) who has always been their biggest cheerleader, helped financially for their education, the person they often came to for advice, etc. We’re super close, although we have always lived in different cities and now only see each other a couple of times a year.Last weekend one of my nieces (who has mentioned that I am one of the most important people in their life) attended a concert in another state.Her husband and I have our own (poor) opinions of one another. I have actively tried to repair the relationship but have not had any response from him.Anyway, to get to this concert, they literally had to drive within a mile from my home – both coming and going. She did not visit or let me know they would be nearby. The only reason I know...

Harriette Cole: I want to move to a big city but I’m scared of driving

Published Fri, 07 Feb 2025 10:32:10 GMT

DEAR HARRIETTE: I am a bad driver, and I’m constantly scared I am going to crash.Related ArticlesAdvice | Harriette Cole: My husband won’t help with the baby, and I’m considering divorce Advice | Harriette Cole: My boyfriend’s teenage secret has made me really nervous Advice | Harriette Cole: How do I tell my friend I won’t support her custody request? Advice | Harriette Cole: My co-workers are being mean, but I can’t report the whole staff to HR Advice | Harriette Cole: My son is emulating a misogynist YouTuber, and it has upset our household I grew up in a suburb, but I have been thinking of moving to a bigger city, like Los Angeles, New York City or Washington, D.C., for job possibilities. Having a car in these cities isn’t totally necessary but would make my life a lot more convenient. My driving skills, however, would not be able to withstand the crazy traff...

Himax: Q2 Earnings Snapshot

Published Fri, 07 Feb 2025 10:32:10 GMT

TAIWAN, Taiwan (AP) — TAIWAN, Taiwan (AP) — Himax Technologies Inc. (HIMX) on Thursday reported earnings of $888,000 in its second quarter.On a per-share basis, the Taiwan, Taiwan-based company said it had profit of 1 cent.The fabless semiconductor company posted revenue of $235 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HIMX at https://www.zacks.com/ap/HIMXSource

Novo Nordisk: Q2 Earnings Snapshot

Published Fri, 07 Feb 2025 10:32:10 GMT

BAGSVAERD, Denmark (AP) — BAGSVAERD, Denmark (AP) — Novo Nordisk A/S (NVO) on Thursday reported second-quarter net income of $2.84 billion.On a per-share basis, the Bagsvaerd, Denmark-based company said it had profit of $1.26.The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.The drugmaker posted revenue of $7.93 billion in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVO at https://www.zacks.com/ap/NVOSource

Pampa: Q2 Earnings Snapshot

Published Fri, 07 Feb 2025 10:32:10 GMT

BUENOS AIRES, Argentina (AP) — BUENOS AIRES, Argentina (AP) — Pampa Energia SA (PAM) on Wednesday reported profit of $164 million in its second quarter.On a per-share basis, the Buenos Aires, Argentina-based company said it had profit of $3.01.The electricity company posted revenue of $464 million in the period._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PAM at https://www.zacks.com/ap/PAMSource

First Guaranty Bancshares: Q2 Earnings Snapshot

Published Fri, 07 Feb 2025 10:32:10 GMT

HAMMOND, La. (AP) — HAMMOND, La. (AP) — First Guaranty Banchshares Inc. (FGBI) on Wednesday reported second-quarter profit of $2.7 million.The bank, based in Hammond, Louisiana, said it had earnings of 19 cents per share.The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.The bank holding company posted revenue of $46.6 million in the period. Its revenue net of interest expense was $23.7 million, which also did not meet Street forecasts._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FGBI at https://www.zacks.com/ap/FGBISource

Stock market today: Global shares mostly rise as markets brace for US inflation report

Published Fri, 07 Feb 2025 10:32:10 GMT

TOKYO (AP) — Global benchmarks mostly rose Thursday as investors braced for a highly anticipated United States inflation report.France’s CAC 40 surged 1.0% to 7,396.40 in early trading, while Germany’s DAX gained 0.5% to 7,396.40. Britain’s FTSE 100 edged up nearly 0.1% to 7,591.98. U.S. shares were set to drift higher with Dow futures up 0.5% at 35,373.00. S&P 500 futures added 0.5% to 4,509.25. Later in the day, the U.S. government will give its monthly update on the inflation that consumers are experiencing. Economists expect to see an acceleration to 3.3% in July from 3% in June. Tina Teng, markets analyst at CMC Markets, called the looming update “a pivotal event for global markets.” Inflation in China also remains a huge concern. “A slowdown in consumer spending and high-interest rates remain issues for the global economy,” said Teng. Japan’s benchmark Nikkei 225 added 0.8% to finish at 32,473.65. Australia’s S&P/ASX 200 added 0.3% to 7,357.40. South ...

NFL stars, Hollywood page-turners hit Library of Congress’ National Book Fest

Published Fri, 07 Feb 2025 10:32:10 GMT

toggle audio on and off change volume download audio WTOP's Jason Fraley previews the National Book Festival (Part 1) $(function () { $('.wtop-audio-container .fa-play').on('click', function(){ var audio_filename = $('div.wtop-audio-file').data("mp3-url"); ga('send', 'event', 'Audio', 'play', audio_filename); }); }); If you like a good read, you may want to visit D.C. this weekend for a real page-turner of an event.The Library of Congress is hosting its 23rd annual National Book Festival on Saturday from 9 a.m. to 8 p.m. at the Washington Convention Center after past years on the East Lawn of the U.S. Capitol and National ...

New Red Cross policy allows more gay and bisexual men to donate blood: So how will it work?

Published Fri, 07 Feb 2025 10:32:10 GMT

A new American Red Cross policy, implemented in accordance with shifting FDA guidelines, that will allow more gay and bisexual men to donate blood is now in effect.“The need for blood is higher than ever,” said Stephanie Babyak, spokesperson for the National Capital and Greater Chesapeake region of the Red Cross. “Every two seconds, someone in the U.S. needs blood, and every donation can save up to three lives.”The new FDA guidelines were put in place Monday, Aug. 7, and Babyak said this means the process for prospective donors will look a little different going forward, starting with the questionnaire they’ll get when they go to donate blood.“Potential donors will have their individual risk factors assessed as to whether they can donate blood,” Babyak told WTOP. “This is to ensure all donors are treated with fairness, equality and respect.”In other words, people will be asked questions about their individual medical history, but not their s...