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Tag: Horizon
Fujitsu sacked top boss at height of Horizon scandal
Fujitsu, the company that built the flawed Horizon IT system, sacked a top boss at the height of the scandal. Rod Vawdrey, 67, was dismissed as Fujitsu’s global president in 2014 for personal conduct issues, former colleagues say. He returned to his native Australia, where he is now being sued for his involvement in a […]
Salt Lake City’s dramatic tale of change, challenge, and a new horizon
On a cold, blustery March morning with a big snowstorm looming, a line of people — Latino, Polynesian, Asian, Native American, Black, white — stretched around the block outside Culture Coffee in a west-side Salt Lake City neighborhood. Inside, the aroma of freshly brewed espresso from a machine designed like the back end of a […]
A dozen KY school districts cancel events with severe weather on the horizon
At least a dozen Kentucky school districts Wednesday decided to dismiss classes or cancel afternoon and evening activities due to a severe weather forecast. The cancellations were made by some districts for the second day in a row. The National Weather Service said Wednesday that afternoon and evening showers could become severe. In Fayette County, […]
Rivian Stock: Another Quarterly Loss On The Horizon As Apple Partnership Rumors Swirl
Rivian Automotive (RIVN) reports first-quarter earnings and revenue after the market closes Tuesday, with analysts expecting another loss amid speculation that Apple (AAPL) is looking to partner with the EV startup. Rivian stock advanced early. X Analysts expect Rivian to report a loss of $1.15 per share in Q1, improved from a $1.25 loss a […]
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‘Suspend all Post Office executives involved in Horizon scandal’
Postmasters have called for the immediate suspension of all Post Office executives involved in the Horizon Scandal. In a letter to Kemi Badenoch, the Voice of the Postmaster Committee, a group representing current sub-postmasters, accuse “individuals within Post Office Ltd” of having “engaged in a pattern of deceit, actively misleading Parliament, Members of Parliament, the […]
Missed Out on Novo Nordisk? 2 Healthcare Stocks With Big Catalysts on the Horizon.
Ozempic and Wegovy are the rock stars of the biopharmaceutical world. When celebrities talk about a prescription drug, it has reached the big time. And that’s what has happened with Novo Nordisk‘s two blockbusters. The success of Ozempic and Wegovy has also helped Novo Nordisk become a rock star for investors. Shares of the big […]
FAA issues ground stop advisory for Alaska, Horizon airlines
The U.S. Federal Aviation Administration issued a ground stop advisory for Alaska Airlines this morning, but not for a reason you might think. The ground stop was instituted at around 7:50 a.m. Wednesday. “Alaska Airlines asked the FAA to pause the airline’s mainline departures nationwide,” the FAA said in a statement. KIRO 7 learned the […]
Post Office investigators feared ‘world of trouble’ if Horizon issues surfaced
UK Post Office investigators feared there would be a “world of trouble” if the company lost a court case based on Horizon failings, an inquiry has heard. The Horizon IT inquiry was shown an email sent in July 2010 by Post Office security programme manager Andrew Daley to a number of staff saying Horizon issues […]
Missed Out on Eli Lilly? 2 Healthcare Stocks With Big Catalysts on the Horizon.
Eli Lilly shares have soared more than 100% over the past year, bringing the company to a market value of more than $740 billion. Investors are excited about the pharma company because of its dominance in the billion-dollar weight loss drug market. Lilly sells two weight-loss drugs that, together, are bringing in billions of dollars […]
Alan Bates to give evidence to UK Post Office Horizon IT inquiry
Prominent campaigner Alan Bates will give evidence to the UK’s Post Office Horizon IT inquiry, as the investigation enters a significant phase. Mr Bates founded the Justice for Subpostmasters Alliance, and led a group of 555 subpostmasters who took the Post Office to the High Court over the scandal. His story recently became the subject […]