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PIMCO Holds 10th Annual “Share the Harvest” Charity Event

Dec 07, 2017 16:44 pm UTC| Business

NEWPORT BEACH, Calif., Dec. 07, 2017 -- Over 700 PIMCO employee volunteers, friends and family gathered at the PIMCO Foundation’s 10th annual “Share the Harvest” event in Newport Beach on Saturday December 2nd to pack...

KCAP Financial, Inc. Announces the Pricing of a $548.1 Million Reset and Upsized CLO Fund Managed by Trimaran Advisors, L.L.C.

Dec 07, 2017 16:44 pm UTC| Business

NEW YORK, Dec. 07, 2017 -- KCAP Financial, Inc. (“KCAP”) (Nasdaq:KCAP) announced that Trimaran Advisors, L.L.C., a wholly-owned portfolio company of KCAP, will serve as the investment manager for the $548.1 million...

WSFS and SoFi Strike Agreement on New Cash Management Account

Dec 07, 2017 16:40 pm UTC| Business

WILMINGTON, Del., Dec. 07, 2017 -- WSFS Financial Corporation, the parent company of WSFS Bank, has entered into a two-year partnership to provide payment processing and debit card sponsorship services for a new cash...

1 in 10 invoices paid late, impacting Small & Medium businesses to the tune of $3 trillion globally

Dec 07, 2017 16:31 pm UTC| Business

New Sage report found that In the United States: Over 30% of SMEs currently experience or expect to experience direct negative impact from late payments, with 10% written off as bad debt13% of invoice payments to SMEs...

Enservio offers WildfireContents.com for Southern California Victims to Expedite Filing of Insurance Claims

Dec 07, 2017 16:25 pm UTC| Business

LOS ANGELES, Dec. 07, 2017 -- The Thomas fire that has engulfed southern California's Santa Barbara coastal towns and hillside communities of Ventura county threaten to intensify today because of a pick up in strong...

System in Package Market by Packaging Technology, Package Type, Packaging Method, Device, Application - Global Forecast to 2023

Dec 07, 2017 16:21 pm UTC| Business

Dublin, Dec. 07, 2017 -- The "System in Package Market by Packaging Technology, Package Type, Packaging Method, Device, Application - Global Forecast to 2023" report has been added to Research and Markets' ...

Heptio Announces Technology Collaboration with Microsoft

Dec 07, 2017 16:20 pm UTC| Business

SEATTLE and AUSTIN, Texas, Dec. 07, 2017 -- Heptio, founded by two of the creators of Kubernetes to accelerate the growth of the Kubernetes ecosystem and make the platform more accessible to businesses of all sizes,...

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Economy

Cleveland Fed President Warns of Ongoing Inflation Challenge

The U.S. continues to face an inflation problem, according to Cleveland Federal Reserve Bank President Beth Hammack, who spoke with The Wall Street Journal on Friday. Hammack, who opposed a December Fed decision to cut...

Rupee Marginally Weaker Amid Dollar Demand and RBI Intervention

The Indian rupee edged lower on Friday, trading at 86.5850 against the U.S. dollar by 09:55 a.m. IST, compared to its previous close of 86.55. The slight dip was driven by heightened dollar demand due to the maturity of...

China's Economic Resurgence: Strong Growth Signals a Bright Future Ahead

The Chinese economy had fared even better than its forecast of 5.0% at the same quarter last year with the report of an annualized increase of 5.4% in the fourth quarter of 2024. The increase came in contrast with previous...

Bull Market Optimism Persists Amid Historical Trends and Economic Growth

As the bull market enters its third year, the Sevens Report remains optimistic despite concerns over stretched valuations and geopolitical risks. The report cites factors such as robust economic growth, pro-growth policies...

Wall Street Slips as Apple Drags Tech Amid Mixed Economic Data

The SP 500 dipped Thursday as banking sector strength was overshadowed by a tech slump led by Apple. At market close, the Dow fell 0.2%, the SP 500 dropped 0.2%, and the NASDAQ slid 0.9%. Apple shares tumbled 4% after...

Politics

Protesters Rally Against Trump’s Inauguration Amid Fears for Constitutional Rights

Thousands gathered in Washington, D.C., on Saturday to protest President-elect Donald Trumps inauguration, voicing concerns over his policies that many fear will threaten constitutional rights. Activists advocating for...

Mike Pence to Attend Donald Trump’s Inauguration Amid Strained Relations

Former U.S. Vice President Mike Pence plans to attend President-elect Donald Trumps inauguration on Monday, according to the New York Times. The report, citing sources familiar with the planning, noted that representatives...

GOP States File Lawsuit Against Biden's Offshore Drilling Restrictions

Republican-led states filed a lawsuit challenging outgoing President Joe Bidens recent ban on new offshore oil and gas development across most U.S. coastlines. Announced on January 6, the ban impacts 625 million acres of...

Trump Administration Plans Major Immigration Raid in Chicago

Donald Trumps incoming presidential administration is set to launch a large-scale immigration raid in Chicago the day after his inauguration, according to the Wall Street Journal. The operation, expected to begin Tuesday...

Trump’s Inauguration Moves Indoors Due to Extreme Cold

President-elect Donald Trumps inauguration on Monday will be held indoors at the U.S. Capitol Rotunda instead of outdoors, marking the first indoor ceremony in 40 years due to severe cold. Trump announced on Truth Social,...

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

Perplexity AI Proposes Merger with TikTok U.S. to Avoid Ban

U.S. search engine startup Perplexity AI has proposed a merger with TikTok U.S., aiming to resolve the platforms looming ban in the United States, according to a confidential source. TikTok, owned by Chinas ByteDance,...

SpaceX Starship Explosion Investigated After Caribbean Debris Fallout

The U.S. Federal Aviation Administration (FAA) and officials from the Turks and Caicos Islands are investigating SpaceXs Starship explosion, which sent debris across the northern Caribbean and forced flight diversions. The...

Trump's Inauguration Ushers in a Transformative Era for Cryptocurrency

President-elect Donald Trumps administration, featuring several pro-crypto appointees, is expected to influence U.S. policy on emerging technologies. The crypto industry, which has long faced regulatory challenges, hopes...

SpaceX Starship Breaks Apart After Launch, Disrupting Air Traffic

A SpaceX Starship rocket broke apart minutes after launching from Texas, disrupting airline flights over the Gulf of Mexico due to falling debris. The rocket, carrying its first test payload of mock satellites, lost...

TSMC Faces Challenges in Bringing Advanced Chipmaking to U.S.

Taiwan Semiconductor Manufacturing Co. (TSMC) is encountering significant hurdles in its effort to bring advanced chip production to its new $65 billion Arizona facilities. CEO C.C. Wei highlighted that compliance issues,...