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Knoll Announces Plan to Acquire Muuto; Muuto's Fast-Growing Affordable Luxury Brand Perfect Complement to Knoll's Timeless Design Portfolio

Dec 12, 2017 21:15 pm UTC| Business

EAST GREENVILLE, Pa., Dec. 12, 2017 -- Knoll, Inc. (NYSE:KNL) and Muuto today announced that Knoll, Inc. has signed a definitive agreement to acquire Muuto, the Copenhagen-based designer and provider of affordable...

Mercury Systems Receives $2.3M Order for Advanced GPS SAASM Devices

Dec 12, 2017 21:15 pm UTC| Business

ANDOVER, Mass., Dec. 12, 2017 -- Mercury Systems, Inc. (NASDAQ:MRCY), (www.mrcy.com) announced it received a $2.3M follow-on order from a leading electronics manufacturer for state-of-the-art GPS Selective Availability...

Burcon NutraScience Announces Receipt of NASDAQ Letters Regarding Delisting and Deficiency in Compliance With Certain Listing Rules

Dec 12, 2017 21:14 pm UTC| Business

VANCOUVER, British Columbia, Dec. 12, 2017 -- Burcon NutraScience Corporation (TSX:BU) (NASDAQ:BUR) (“Burcon” or the “Company”), a leader in developing functionally and nutritionally valuable plant-based proteins,...

Denali Therapeutics Announces Closing of Initial Public Offering, Including Full Exercise of Underwriters’ Option to Purchase Additional Shares

Dec 12, 2017 21:10 pm UTC| Business

SOUTH SAN FRANCISCO, Calif., Dec. 12, 2017 -- Denali Therapeutics Inc. (NASDAQ:DNLI) today announced the closing of its initial public offering of 15,972,221 shares of its common stock at a price to the public of $18.00...

Nordic American Tankers Limited (NYSE:NAT) Announces Public Offering as Part of a Recapitalization of NAT

Dec 12, 2017 21:06 pm UTC| Business

Hamilton, Bermuda, December 12, 2017Nordic American Tankers Limited (the "Company") today announced an underwritten public offering of $100 million of its common shares pursuant to the Company's effective shelf...

THL Credit Raises $612 Million Collateralized Loan Obligation

Dec 12, 2017 21:05 pm UTC| Business

BOSTON, Dec. 12, 2017 -- THL Credit Advisors LLC ("THL Credit" or the “Company”), a leading alternative credit manager overseeing more than $11 billion in assets, today announced that it has closed on a $612 million...

Media Advisory: Finisar to make Major Announcement Wednesday about Future of MEMC Building

Dec 12, 2017 21:05 pm UTC| Business

SHERMAN, Texas, Dec. 12, 2017 -- When: Wednesday, December 13, 2017; 10:00 a.m. Where: Main Entrance of the MEMC Building, 6416 S. Highway 75, Sherman, Texas Northbound traffic exit 55 (Frontage Rd), veer left and...

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Economy

CDPB’s Oversight on Digital Payment Services: A Response to Growing Security

The Consumer Financial Protection Bureau (CFPB) has just finalized rules to supervise major players providing digital payment services amid a growing interest in consumer protection in the fast-growing landscape of...

Quad Ministers Reaffirm Commitment to Indo-Pacific Cooperation

Australian Foreign Minister Penny Wong emphasized the Quads strong commitment to Indo-Pacific cooperation after meeting her Indian and Japanese counterparts in Washington. She highlighted the significance of the invitation...

Asian Currencies Edge Higher as Dollar Weakens Before Trump Inauguration

Asian currencies rose slightly on Monday as the U.S. dollar weakened ahead of President-elect Donald Trumps inauguration. Markets remained cautious amid concerns about potential trade tariffs on Chinese exports, which...

Bank of Japan Eyes Rate Hike as Trump Era Begins

The Bank of Japan is expected to raise its short-term interest rate to 0.5% this Friday, barring significant market disruptions as U.S. President-elect Donald Trump takes office. This move would mark the first increase...

Trump Plans National Emergency to Expand Energy Production and Policy Control

President-elect Donald Trump plans to declare a national emergency to expand his powers, prioritizing domestic energy production and rolling back climate change policies. The declaration is expected on day one of his...

Politics

Donald Trump to Usher in Second Term with “Revolution of Common Sense”

Donald Trump is set to be sworn in as U.S. President on Monday, marking the start of his second term and a remarkable political comeback. According to the Wall Street Journal, Trump will call for a "revolution of common...

Trump’s Meme Coin $TRUMP Surges to $9 Billion Market Value

Donald Trumps newly launched cryptocurrency, $TRUMP, skyrocketed 73% on Monday, reaching $46.06 during Asian trading hours. The meme coin now boasts a market value of $9.2 billion, with 24-hour trading volume hitting $42.2...

Oil Prices Steady as Markets Eye Potential Trump Policy Shift on Russia

Oil prices remained stable on Monday as speculation over U.S. President-elect Donald Trump easing energy sanctions on Russia to end the Ukraine conflict offset concerns of supply disruptions due to stricter sanctions....

China’s Han Zheng Meets Tesla CEO Elon Musk to Boost U.S.-China Trade Ties

Chinas Vice President Han Zheng met Tesla (NASDAQ:TSLA) CEO Elon Musk and U.S. business leaders on Sunday in Washington D.C., according to Xinhua. Han encouraged Tesla and other American companies to capitalize on Chinas...

Vice President-Elect Vance Holds Key Talks with Chinese Leader Before Swearing-In

U.S. Vice President-elect JD Vance met with Chinese Vice President Han Zheng on Sunday, just one day before he and President-elect Donald Trump are sworn into office. The meeting covered key issues such as fentanyl, trade...

Science

Double Moonshot: Japan’s ispace and Firefly Launch Lunar Missions

In a significant stride for lunar exploration, Japanese company ispace and U.S.-based Firefly Aerospace launched moon landers aboard a SpaceX rocket from Florida. This rare double mission highlights the growing competition...

Bill Gates’ Shocking New Malaria Solution Unveiled as Genetically Modified Mosquitoes Turn Into Flying Vaccinators

In a groundbreaking and controversial move, researchers funded by the Bill and Melinda Gates Foundation at Leiden University Medical Center have developed a revolutionary approach to combat malaria. The team has created...

Explosive CIA Whistleblower Claims Havana Syndrome Victims Face Cancer, Dementia, and Government Betrayal

A former CIA operative has come forward with alarming allegations, claiming that victims of the mysterious Havana Syndrome are now battling devastating health issues, including cancer, dementia, and Parkinsons disease. The...

FDA Approval of Opdivo Injection Sparks Hope for Cancer Patients with Revolutionary Treatment Update

In a significant advancement for cancer care, the U.S. Food and Drug Administration (FDA) has approved an injectable version of Bristol Myers Squibbs blockbuster cancer drug Opdivo. Branded as Opdivo Qvantig, the new...

From dead galaxies to mysterious red dots, here’s what the James Webb telescope has found in just 3 years

On this day three years ago, we witnessed the nail-biting launch of the James Webb Space Telescope (JWST), the largest and most powerful telescope humans have ever sent into space. It took 30 years to build, but in three...

Technology

U.S. TikTok Users Celebrate Return but Worry About Future Changes

On Saturday night, millions of American TikTok users faced an unexpected notice: their favorite app had been banned. The shutdown lasted less than 24 hours, ending when President-elect Donald Trump announced plans to...

TSMC Confident in U.S. Funding Under Trump Administration

TSMC (NYSE:TSM), the worlds largest contract chipmaker, expects continued U.S. government funding under President Donald Trump, CFO Wendell Huang said in a CNBC interview. TSMC has so far received $1.5 billion of the $6.6...

TikTok Halts Operations in the US, Anticipates Resolution Under Trump

TikTok went offline in the U.S. late Saturday, disappearing from Apple and Google app stores as a law banning the platform takes effect Sunday. Used by 170 million Americans, TikTok cited potential reprieve from...

Oracle Prepares to Shut Down TikTok U.S. Servers Amid Ban

Oracle (NYSE: ORCL), the cloud provider for TikToks U.S. operations, has reportedly instructed staff to prepare for shutting down servers hosting TikToks U.S. data. According to The Information, the shutdown could occur as...

TikTok Ban Delayed? Trump Suggests 90-Day Reprieve

President-elect Donald Trump stated he would most likely grant TikTok a 90-day reprieve from a potential U.S. ban after taking office Monday. The Chinese-owned app, with 170 million American users, faces shutdown Sunday...