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CR Magazine Names UPS A “Best Corporate Citizen” Ninth Year In Row

May 07, 2018 17:00 pm UTC| Business

ATLANTA, May 07, 2018 -- UPS (NYSE:UPS) today announced the company has been named to Corporate Responsibility (CR) Magazine’s annual list of the “100 Best Corporate Citizens.” The program recognizes the standout...

2018 Michigan Small Business Person of the Year Al Zehnder, Chairman & CEO Zehnder’s of Frankenmuth

May 07, 2018 17:00 pm UTC| Business

FRANKENMUTH, Mich., May 07, 2018 -- The Michigan Small Business Administration announced that the 2018 Michigan Small Business Person (SBA) of the Year is Al Zehnder, chairman and CEO, Zehnder’s of Frankenmuth. The...

NetSpeed and Esperanto Partner to Power SoCs for Artificial Intelligence

May 07, 2018 16:55 pm UTC| Business

SAN JOSE, Calif., May 07, 2018 -- NetSpeed Systems and Esperanto Technologies today announced that Esperanto has licensed NetSpeed’s IP and intelligent design environment for its Supercomputer-on-a-Chip for Artificial...

Arvig Expands its Network with Fiber-to-the-Tower Sales; Provides Service to more than 500 Cellular Towers

May 07, 2018 16:48 pm UTC| Business

PERHAM, Minn., May 07, 2018 -- Arvig, a Minnesota-based broadband service provider, revealed today that it has surpassed bringing service to more than 500 cellular towers across 13 states. Arvig made the...

Hagens Berman Alerts LendingClub Investors to the July 2, 2018 Securities Class Action Lead Plaintiff Deadline

May 07, 2018 16:43 pm UTC| Business

SAN FRANCISCO, May 07, 2018 -- Hagens Berman Sobol Shapiro LLP alerts investors in LendingClub Corporation (NYSE:LC) to the July 2, 2018 Lead Plaintiff deadline in the securities class action pending in the United...

Carepoynt Exhibits at HLTH After Winning American Business Award® for Start-Up of the Year

May 07, 2018 16:42 pm UTC| Business

NEWPORT BEACH, Calif., May 07, 2018 -- Carepoynt–a first-of-its-kind health-and wellness-focused rewards program, platform and network designed to put consumers at the center of their own healthcare experience—is...

Martinrea International Inc. to Attend at 2018 RBC Capital Markets Canadian Automotive, Industrials and Transportation Conference

May 07, 2018 16:37 pm UTC| Business

TORONTO, May 07, 2018 -- Martinrea International Inc. (TSX:MRE), a leader in the development and production of quality metal parts, assemblies and modules and fluid management systems and complex aluminum products...

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Economy

Bernstein Raises 2026 Nickel Price Forecast as Indonesia Tightens Supply

Bernstein has increased its 2026 nickel price forecast to $17,357 per metric ton, up from an estimated average of $15,164 per ton in 2025, citing a significantly more balanced global nickel market than previously expected....

Dollar Slips After Fed Minutes as Iran Tensions, Inflation Risks Keep Markets Cautious

The U.S. dollar edged lower on Thursday after the Federal Reserves June meeting minutes appeared less hawkish than investors had anticipated, although escalating geopolitical tensions in the Middle East limited the...

US Back-to-School Spending Seen Falling as Families Focus on Essentials

U.S. back-to-school spending is expected to decline in 2026 as families become more cautious about their finances amid growing economic uncertainty, according to a Deloitte survey released on Thursday. While parents remain...

Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion

Gold prices edged lower on Thursday as a stronger U.S. dollar and renewed geopolitical tensions in the Middle East weighed on investor sentiment. Rising concerns that higher energy prices could keep inflation elevated and...

Asian Stocks Slip as Iran Tensions, Samsung Weakness and Fed Caution Weigh on Markets

Asian stock markets mostly declined on Thursday as renewed geopolitical tensions in the Middle East, higher oil prices and cautious signals from the U.S. Federal Reserve weakened investor sentiment. Concerns over Samsung...

Politics

Qatar Urges U.S.-Iran Diplomacy as Fresh Strikes Threaten Fragile Ceasefire

Qatar urged Iran and the United States to recommit to diplomacy on Thursday as both countries exchanged fresh military strikes, raising fears that their fragile ceasefire could collapse and further destabilize the Middle...

Iran Buries Ayatollah Ali Khamenei as Successor Mojtaba Remains Out of Public View

Iran buried slain Supreme Leader Ayatollah Ali Khamenei on Thursday at the revered Shrine of Imam Reza in Mashhad, marking the end of a week of nationwide mourning ceremonies following his death in a U.S. strike. The...

Trump, Erdogan Strengthen U.S.-Turkey Ties at NATO Summit in Ankara

Turkey used the NATO summit in Ankara to showcase its growing ties with the United States, rolling out a high-profile welcome for President Donald Trump that underscored Ankaras ambitions to strengthen its role within the...

ICC Says Darfur War Crimes Probe Reaches Breakthrough in Sudan Investigation

The International Criminal Court (ICC) says it has made a significant breakthrough in its investigation into alleged war crimes and crimes against humanity committed during Sudans conflict in the Darfur region, with...

Houston ICE Shooting Sparks Protests, Demands for Independent Investigation

Hundreds of demonstrators gathered in Houston on Wednesday to protest the fatal shooting of a Mexican national by a U.S. Immigration and Customs Enforcement (ICE) officer, intensifying concerns over the Trump...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Bain Capital Exits Kioxia After AI-Fueled Valuation Surge

Bain Capital has fully exited its investment in Japanese flash memory manufacturer Kioxia, marking the end of a highly profitable private equity deal driven by the rapid expansion of the artificial intelligence (AI)...

SK Hynix’s $28 Billion U.S. Share Sale Draws Massive Demand Amid AI Chip Boom

SK Hynixs planned $28 billion U.S. share sale attracted demand worth more than seven times the number of shares available, highlighting strong investor confidence in the South Korean memory chip maker and the rapidly...

Zhipu AI Raises HK$31.37 Billion in Discounted Share Sale to Accelerate AI Growth

Chinese artificial intelligence company Zhipu AI, listed in Hong Kong as Knowledge Atlas Tech Joint Stock (HK:2513), has raised approximately HK$31.37 billion (US$4 billion) through a discounted share sale, strengthening...

Nvidia Invests $500M in Firmus Technologies Ahead of Planned ASX IPO

Nvidia (NASDAQ: NVDA) has agreed to invest approximately A$720 million (US$500 million) in Australian cloud infrastructure startup Firmus Technologies, becoming the largest participant in the companys planned A$2 billion...

SK Hynix’s $28B U.S. IPO Draws Strong Demand as AI Chip Boom Fuels Investor Interest

SK Hynix Inc. is seeing overwhelming investor interest in its planned $28 billion U.S. listing, with demand reportedly exceeding the number of shares available by several times, according to a Bloomberg News report on...