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KAR Auction Services, Inc. Reports 2017 Financial Results

Feb 20, 2018 12:01 pm UTC| Business

2017 revenue increased 10% to $3,458.0 million.Net Income Per Share increased 64%, Operating Adjusted Net Income Per Share increased 21% and Adjusted EBITDA increased 12% over the year ended December 31, 2016.Repurchased...

DropCar Signs New Agreement with Jaguar Land Rover Manhattan

Feb 20, 2018 12:01 pm UTC| Business

NEW YORK, Feb. 20, 2018 -- DropCar, Inc. (NASDAQ:DCAR), a provider of app-based automotive logistics and mobility services for both consumers and dealers, today announced a new agreement with Jaguar Land Rover...

Wave Life Sciences and Takeda Form Global Strategic Collaboration to Advance Therapies for Central Nervous System Disorders

Feb 20, 2018 12:01 pm UTC| Business

Wave to receive at least $230 million, including $110 million in upfront cash, $60 million in equity investment and at least $60 million in research support Takeda to receive option to co-develop and co-commercialize...

Amarillo Announces the Extension and Amendment of Its Gold-Linked Credit Facility

Feb 20, 2018 12:01 pm UTC| Business

TORONTO, Feb. 20, 2018 -- Amarillo Gold Corporation (“Amarillo” or the “Company”) (TSX.V:AGC), is pleased to announce that it has amended and extended its existing gold-linked credit facility (the “Facility”). ...

Melinta Therapeutics’ Commercial Partner Eurofarma Laboratórios Submits Marketing Authorization Application for Delafloxacin in Argentina

Feb 20, 2018 12:01 pm UTC| Business

NEW HAVEN, Conn., Feb. 20, 2018 -- Melinta Therapeutics, Inc. (NASDAQ:MLNT), a commercial-stage company developing and commercializing novel antibiotics to treat serious bacterial infections, today announced that...

Discovery Point Retreat Offers Drug and Alcohol Rehabilitation in Texas

Feb 20, 2018 12:01 pm UTC| Business

WAXAHACHIE, Texas, Feb. 20, 2018 -- In an ongoing effort to help combat the substance abuse epidemic affecting the United States, Niznik Behavioral Health introduces Discovery Point Retreat, a drug and alcohol rehab...

NimbeLink CEO Scott Schwalbe Presenting At GSMA’s 6th Mobile IoT Summit During Mobile World Congress In Barcelona

Feb 20, 2018 12:01 pm UTC| Business

PLYMOUTH, Minn., Feb. 20, 2018 -- NimbeLink, the world’s leading provider of cellular technology, solutions and services, today announced that company CEO and Co-Founder Scott Schwalbe will be speaking at the 6th Annual...

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Economy

India–US Trade Deal: Digital Tax Removal and $500 Billion Purchase Commitment Signal Major Policy Shift

India has agreed to remove its digital services tax and committed to purchasing more than $500 billion worth of American goods under a recent trade agreement with the United States, according to a White House fact sheet...

Asian Currencies Edge Higher as Dollar Retreats Ahead of Key U.S. Data

Most Asian currencies strengthened on Tuesday, tracking an overnight pullback in the U.S. dollar as its recent rebound lost momentum ahead of a busy week of key American economic data. While regional foreign exchange...

Japan Weighs Using Foreign Exchange Reserve Surplus to Fund Food Tax Cuts

Japans government is considering whether surplus funds from its massive foreign exchange reserves could be used to help finance planned cuts to the food sales tax, according to comments made Tuesday by Japanese Minister of...

Russia Condemns U.S. Sanctions as Cuba Faces Critical Fuel Crisis

Russia has warned that Cubas fuel situation has reached a critical point, blaming intensified U.S. sanctions for deepening the islands economic crisis and pledging continued solidarity with Havana and Caracas. Moscow also...

U.S. Stock Futures Steady as Investors Await Key Jobs and Inflation Data

U.S. stock futures were little changed on Monday evening as investors grew cautious ahead of key economic data releases later this week, following a mostly positive close on Wall Street. Futures tied to the SP 500 slipped...

Politics

Tulsi Gabbard Winds Down Controversial Intelligence Task Force Amid Political Scrutiny

U.S. Director of National Intelligence Tulsi Gabbard has confirmed that she has wound down the Directors Initiatives Group (DIG), a task force she launched last year to combat what she described as politicization within...

Zelenskiy Orders Overhaul of Ukraine’s Air Defence as Russian Attacks Intensify

Ukrainian President Volodymyr Zelenskiy has convened senior military and government officials to address critical weaknesses in Ukraines air defence systems and civilian protection nearly four years into Russias full-scale...

Trump Signals Possible U.S.–Iran Nuclear Deal Amid Rising Tensions

U.S. President Donald Trump said on Tuesday that he believes Iran is interested in reaching a deal with the United States over its nuclear ambitions and ballistic missile program, signaling a potential opening for renewed...

Pride Flag Removed From Stonewall National Monument Sparks Backlash and Protest Plans

The removal of a large rainbow Pride flag from the Stonewall National Monument in New York City has ignited controversy, criticism, and renewed debate over LGBTQ rights in the United States. The flag, which flew above the...

Buckingham Palace Signals Support for Police Probe Into Prince Andrew After Epstein Email Allegations

Buckingham Palace has confirmed it is prepared to fully support any police investigation into Prince Andrew following new allegations that he may have shared confidential British trade documents with Jeffrey Epstein. The...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Salesforce Workforce Reduction Affects Fewer Than 1,000 Roles Amid Ongoing Restructuring

Salesforce has reportedly reduced its workforce by fewer than 1,000 employees earlier this month, according to a Business Insider report published on Monday. The report cited a person familiar with the matter, though...

Trump Administration Plans Chip Tariff Exemptions for Big Tech Amid AI Data Center Push

The administration of U.S. President Donald Trump is reportedly planning to exempt major technology companies such as Amazon, Google, and Microsoft from upcoming tariffs on semiconductor chips, a move aimed at supporting...

Alphabet Plans Rare 100-Year Sterling Bond to Fund AI Expansion

Alphabet is preparing to issue a rare 100-year sterling bond as part of a broader multi-currency debt offering, marking a notable move to expand its long-term borrowing strategy to support growing investments in artificial...

Amazon Explores AI Content Marketplace With Media Publishers

Amazon (NASDAQ: AMZN) is reportedly in discussions with media publishers about launching a new artificial intelligence content marketplace designed to connect news organizations and digital content creators with companies...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...