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Sandy Spring Bank Earns Regional and National Recognition for Mortgage Performance and Leadership

May 03, 2018 16:00 pm UTC| Business

OLNEY, Md., May 03, 2018 -- Sandy Spring Bank announced today a series of recognitions earned by its mortgage division and outstanding individuals on the team. Most notably, Lynne Pulford, Division Executive, was...

Abattis to Commence Construction of Large-Scale Growing Facility on Gabriola Island

May 03, 2018 15:56 pm UTC| Business

VANCOUVER, British Columbia, May 03, 2018 -- Abattis Bioceuticals Corp. (the "Company" or "Abattis") (CSE:ATT) (OTC:ATTBF) is pleased to announce the engagement (the “Engagement”) of Ocean Pacific Contractors Ltd....

Hiscox Launches Hiscox C-Suite™: New Executive Liability Insurance Policy Provides Management Liability and Crime Coverage

May 03, 2018 15:56 pm UTC| Business

New York, NY, May 03, 2018 -- Hiscox, the international specialist insurer, today announced new coverages for its market-leading executive liability insurance policy for US businesses. The Hiscox C-Suite™ offering...

Intrusion Inc. Announces Financial Release Date and Conference Call

May 03, 2018 15:55 pm UTC| Business

Richardson, Texas, May 03, 2018 -- Intrusion Inc. (OTCQB: INTZ), (“Intrusion”) will announce first quarter 2018 financial results on Monday, May 7, 2018. The press release will be published over the wire services...

Mackinac Financial Corporation Reports First Quarter 2018 Results & Announces Expected FFNM Transaction Completion Date

May 03, 2018 15:52 pm UTC| Business

MANISTIQUE, Mich., May 03, 2018 -- Mackinac Financial Corporation (Nasdaq:MFNC) (the “Corporation”), the bank holding company for mBank, today announced first quarter 2018 income of $1.54 million, or $.24 per share,...

Fallen Law Enforcement Officers to be Honored During 30th Annual Candlelight Vigil on May 13 in Washington, DC

May 03, 2018 15:49 pm UTC| Business

Washington, DC, May 03, 2018 -- The names of 360 U.S. law enforcement officers who have died in the line of duty will be formally dedicated on the walls of the National Law Enforcement Officers Memorial during the 30th...

Dorchester Minerals, L.P. Announces First Quarter Results

May 03, 2018 15:48 pm UTC| Business

DALLAS, May 03, 2018 -- Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ:DMLP) announced today the Partnership’s net income for the quarter ended March 31, 2018 of $10,963,000, or $0.33 per common unit. A...

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Economy

Dollar Hovers Near Multi-Month Lows as Treasury Buybacks Rattle Markets

The U.S. dollar remained under pressure near multi-month lows on Monday as investors weighed the Treasury Departments decision to increase long-term bond buybacks, while awaiting fresh U.S. sanctions on Iran and key...

Oil Prices Retreat as Markets Await Tougher Iran Sanctions

Oil prices pulled back on Monday as traders locked in profits following two weeks of strong gains, while markets remained focused on looming U.S. sanctions against Iran and the risk of further supply disruptions in the...

Trump Vows Tougher Iran Sanctions as US Weighs New Economic Pressure

U.S. President Donald Trump has pledged to intensify economic pressure on Iran as Washington prepares measures that Treasury Secretary Scott Bessent says could be unprecedented. Bessent is scheduled to hold a press...

ING Says Yen Is 20% Undervalued Against Dollar

The Japanese yen remains roughly 20% undervalued against the U.S. dollar, according to ING analysts, who believe recent U.S.-Japan currency intervention and potential Bank of Japan policy changes could support a...

Canada Announces Dollar-for-Dollar Retaliation Against 50% U.S. Tariffs

Canada will impose retaliatory tariffs matching new U.S. trade duties dollar for dollar starting Sept. 8, Prime Minister Mark Carney said Saturday, escalating trade tensions after negotiations between the two countries...

Politics

Bessent Warns Iran as US Prepares Toughest-Ever Sanctions

U.S. Treasury Secretary Scott Bessent warned Iran of severe economic consequences as Washington prepares to unveil what he described as the toughest sanctions package ever imposed on a country. In an opinion piece...

Russian Drone Strike on Kryvyi Rih Mall Kills 16, Injures 130

At least 16 people were killed and more than 130 others wounded after Russian drones struck a shopping centre in Kryvyi Rih, central Ukraine, on Friday, according to Ukrainian authorities. President Volodymyr Zelenskiy...

Israel Targets Suspected Terrorist in Southern Syria

Israel said it targeted a suspected terrorist in southern Syria on Saturday, while Damascus condemned the incident as a violation of Syrian sovereignty amid rising tensions between the neighboring countries. Syrias foreign...

Milei Pushes for Formula 1 Return to Argentina

Argentine President Javier Milei is backing efforts to bring Formula 1 racing back to Argentina, nearly three decades after the country last hosted a Grand Prix. Milei said Sunday that his government would work toward...

Merz Pushes Faster Reforms to Revive German Economy

German Chancellor Friedrich Merz is preparing to press his cabinet to accelerate economic reforms designed to reduce pressure on businesses, stimulate growth and protect jobs in Germany, according to a report by Bild am...

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

Samsung Shares Tumble 8% as $79 Billion Return Plan Disappoints

Samsung Electronics shares plunged as much as 8% in early Monday trading after the South Korean technology giants record shareholder-return plan fell short of investor expectations, particularly over share buybacks and the...

SoftBank Plans Record $6.3 Billion Bond Sale to Fund OpenAI Investments

SoftBank Group is preparing to raise 1 trillion yen ($6.3 billion) through a retail bond offering as the Japanese technology conglomerate increases funding for its artificial intelligence investments, particularly its...

Alibaba Raises $10.2 Billion to Expand AI Infrastructure

Alibaba Group plans to raise HK$80 billion ($10.21 billion) through a new share placement as the Chinese technology giant accelerates investment in artificial intelligence and cloud computing. In a filing on Sunday,...

Nvidia AI Server Prices Set to Rise as Memory Costs Surge

Prices for servers powered by Nvidia artificial intelligence chips are expected to climb sharply as rising memory chip costs put additional pressure on the booming AI infrastructure market, according to a Bloomberg News...

29 US states are suing Meta. What might it mean for the rest of the world?

This week, a trial commenced in the United States that could drastically change how Facebook and Instagram operate globally. The trial in Oakland, which is expected to last six weeks, pits 29 US states against the two...