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Japanese Yen strengthens as USD/JPY retreats on BoJ hike bets

USD/JPY edges lower on Friday and trades around 161.60 at the time of writing after once again failing to sustain a move above the 162.00 mark. The pair is facing profit-taking as investors remain cautious over the risk of intervention by Japanese authorities to support the domestic currency.The US Dollar…

How Domo went from a .8 billion darling to fighting for its survival

In 2022, the founder of software company Domo stepped down as CEO after he was accused of sexually assaulting an employee on a work trip, an allegation he denied. A year later, he came back to lead the company.Since then, the troubles of the once-hot startup have worsened, rocked by executive departures, new competition from AI agents, and the drunken-driving arrest of its founder and CEO, Josh James.James was arrested last year on a charge…

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Ryanair drops family seating fees amid consumer law probe

Ryanair will “reluctantly” allow parents to sit with their children for free after an investigation into the practice was opened, bringing the airline in line with European industry standards. Previously, Europe’s largest airline by passenger numbers charged a fee—typically $10.70 each way per adult—to allow up to four children aged…

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