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Capital Southwest Announces Board Policy on Capitalization

Apr 30, 2018 13:01 pm UTC| Business

DALLAS, April 30, 2018 -- Capital Southwest Corporation (“Capital Southwest” or the “Company”) (Nasdaq:CSWC), an internally managed business development company (“BDC”) focused on providing flexible financing solutions...

California BanCorp Earnings Grew 15% to $1.9 Million, or $0.30 per share, in 1Q18, Fueled by 10% Growth in Loans and 20% Growth in Deposits YOY

Apr 30, 2018 13:01 pm UTC| Business

OAKLAND, Calif., April 30, 2018 -- California BanCorp (OTCQX:CALB), the Holding Company for California Bank of Commerce, a San Francisco Bay Area business bank, today reported continuing strong balance sheet growth and...

Smart Communications™ Latest Release Showcases Features Designed to Make Customer Conversations Smarter

Apr 30, 2018 13:01 pm UTC| Business

LONDON NEW YORK, April 30, 2018 -- Smart CommunicationsTM, the only independent company focused solely on enterprise customer conversations, today announced the release of the latest version of its customer...

Perry Ellis International, Inc. Announces Accessories License Agreement for Farah Brand

Apr 30, 2018 13:01 pm UTC| Business

MIAMI, April 30, 2018 -- (Nasdaq:PERY) -- Perry Ellis International, Inc. announced today that it has entered into a license agreement with Arnold Wills and Company Ltd. for men’s accessories which include bags,...

Luxury Retailer Molton Brown Delivers on Multi-Phased Customer Experience Transformation with SaaS Point of Sale Powered by OneView Commerce

Apr 30, 2018 13:01 pm UTC| Business

OneView digital transformation fulfills Molton Brown’s high-end brand promise by re-imagining the customer experience and improving store operations BOSTON and LONDON, April 30, 2018 -- OneView Commerce (AIM:ONEV),...

JobDiva Recognized as a “Pacesetter” by Software Advice’s Frontrunners Quadrant

Apr 30, 2018 13:01 pm UTC| Business

NEW YORK, April 30, 2018 -- JobDiva is proud to announce that their leading global Applicant Tracking, Talent Management and Customer Relations solution has been named a ‘Pacesetter’ on Software...

SaviBank First Quarter 2018 Profits Increase 82% to $661,000; Loans Grow 15% and Deposits Increase 36% Year-Over-Year

Apr 30, 2018 13:01 pm UTC| Business

BURLINGTON, Wash., April 30, 2018 -- Savi Financial Corporation, Inc. (OTC Pink:SVVB), the small bank holding company for SaviBank, today reported first quarter 2018 earnings grew 82% to $661,000, or $0.04 per share,...

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Economy

Gordie Howe Bridge to Open July 27 After U.S.-Canada Reach Toll Revenue Agreement

The long-awaited Gordie Howe International Bridge connecting Detroit, Michigan, and Windsor, Ontario, is set to officially open on July 27 after the United States and Canada reached a new agreement over toll revenue,...

Fed Reaffirms 2% Inflation Goal, Vows Forceful Action to Anchor Price Expectations

The Federal Reserve reaffirmed its commitment to restoring price stability, saying it is prepared to act forcefully if necessary to keep longer-term inflation expectations anchored around its 2% target. The pledge came in...

Dollar Ends Week Higher as Yen Jumps on Japan Pension Fund Investment Plans

The U.S. dollar traded within a narrow range on Friday and was on track for a modest weekly gain as investors weighed evolving inflation expectations, Federal Reserve policy signals, and renewed geopolitical tensions in...

Wall Street Rises as SK Hynix’s Record Nasdaq Debut Steals Spotlight Ahead of U.S. CPI Data

Wall Street ended higher on Friday, led by the blockbuster Nasdaq debut of South Korean memory chip giant SK Hynix, while investors largely shrugged off renewed U.S.-Iran tensions and shifted their attention to next weeks...

Gold Prices Set for Weekly Loss as Iran Tensions and Fed Rate Outlook Weigh

Gold prices declined on Friday and were headed for a weekly loss as escalating tensions between the United States and Iran, along with higher oil prices, fueled concerns that inflation could remain elevated and keep the...

Politics

Lindsey Graham Urges China to Pressure Russia Into Ukraine Peace Talks

U.S. Senator Lindsey Graham said China could play the most influential role in pushing Russia toward peace negotiations, arguing that Beijings leverage over Moscow may be key to ending the war in Ukraine. Speaking in Kyiv...

Trump Election Commission Firings Follow White House Push for Voting System Changes

The White House spent months exploring ways to bypass the U.S. Election Assistance Commission (EAC) and use emergency powers to accelerate changes to voting systems before President Donald Trump dismissed the agencys...

Trump Administration Doubts Iran Nuclear Deal as Strait of Hormuz Tensions Persist

The Trump administration is growing increasingly skeptical about the prospects of reaching a long-term nuclear agreement with Iran, as U.S. officials push Tehran to prove it is honoring a temporary peace arrangement before...

ASEAN to Hold Landmark Myanmar Talks as Bloc Seeks Progress on Civil War

The Association of Southeast Asian Nations (ASEAN) will hold an informal meeting with Myanmars foreign minister on Sunday to discuss the countrys ongoing civil war and its future engagement with the regional bloc, marking...

NATO Leaders Receive Engraved Turkish Revolvers as Unusual Summit Gifts

Turkish President Recep Tayyip Erdogan surprised NATO leaders with an unusual diplomatic gift after the alliances summit in Ankara, presenting each visiting leader with an engraved vintage Turkish revolver complete with...

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

Apple Sues OpenAI, Former Employees Over Alleged Trade Secret Theft

Apple has filed a lawsuit against OpenAI and two former Apple employees, accusing them of misappropriating confidential company information and trade secrets tied to its hardware development efforts. The lawsuit, filed...

SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO

SK Hynix made a strong debut on the Nasdaq on Friday, with its American Depositary Receipt (ADR) shares closing 12.8% higher at $168.01 after completing a record-breaking $26.5 billion U.S. initial public offering (IPO),...

Elon Musk Says Anthropic Leads AI Race as Claude Models Challenge OpenAI

Elon Musk has publicly praised artificial intelligence startup Anthropic, saying the company is obviously the current leader in AI, in a rare acknowledgment of a key rival as competition among top AI developers...

OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO

OpenAIs head of products and business, Fidji Simo, announced on Thursday that she will step down from her leadership role and transition to a part-time advisory position after experiencing complications from a chronic...

Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership

Samsung Electronics Chairman Lee Jae-yong is expected to meet Nvidia CEO Jensen Huang in the United States by the end of July as the two technology giants explore deeper cooperation in semiconductor manufacturing and...