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Pacific Mercantile Bancorp to Participate in the Sandler O’Neill West Coast Financial Services Conference

Mar 01, 2018 13:00 pm UTC| Business

COSTA MESA, Calif., March 01, 2018 -- Pacific Mercantile Bancorp (NASDAQ:PMBC), the holding company of Pacific Mercantile Bank (the “Bank”), a wholly owned banking subsidiary, and PM Asset Resolution, Inc. ("PMAR"), a...

Just Energy Group Inc. Announces March Quarterly Dividend for Its Common Shares and Series A Preferred Shares

Mar 01, 2018 13:00 pm UTC| Business

TORONTO, March 01, 2018 -- Just Energy Group Inc. (“Just Energy”) (TSX:JE) (NYSE:JE) filed notice with the Toronto Stock Exchange and the New York Stock Exchange today announcing that its board of directors declared a...

New Digital Check White Paper Examines Future of the Brick-and-Mortar Bank Branch, Likelihood of a USPS Postal Bank

Mar 01, 2018 13:00 pm UTC| Business

Northbrook, IL, March 01, 2018 -- Postal banking is unlikely to take hold in the United States in the near future – but its underlying principles could play a significant role in branch transformation efforts...

Enterprise-grade LED Lighting and Energy Project Solutions Provider Orion to Present at LD Micro Virtual Conference Presentation Wed. March 7th at 11am ET

Mar 01, 2018 13:00 pm UTC| Business

MANITOWOC, Wis., March 01, 2018 -- Orion Energy Systems, Inc. (NASDAQ:OESX) (Orion Lighting), a provider of enterprise-grade LED lighting and energy project solutions, today announced that CEO Mike Altschaefl and CFO...

Teem Welcomes Industry Executives to its Marketing, Sales and Engineering Departments

Mar 01, 2018 13:00 pm UTC| Business

SILICON SLOPES, Utah, March 01, 2018 -- Teem, a developer of cloud-based meeting tools and workplace analytics helping companies maximize workspace and collaborate more effectively, today announced four new executives...

aTyr Pharma to Present at Two Upcoming Investor Conferences in March

Mar 01, 2018 13:00 pm UTC| Business

SAN DIEGO, March 01, 2018 -- aTyr Pharma, Inc. (Nasdaq:LIFE), a biotherapeutics company engaged in the discovery and development of innovative medicines based on novel immunological pathways, today announced its...

TransUnion to Present at Evercore ISI Payments and FinTech Innovators Forum

Mar 01, 2018 13:00 pm UTC| Business

CHICAGO, March 01, 2018 -- TransUnion (NYSE:TRU) today announced that Todd Cello, CFO, will present at the Evercore ISI Payments and FinTech Innovators Forum on Thursday, March 8, 2018. The presentation is scheduled to...

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Economy

Hong Kong Eyes Offshore Yuan Expansion, Deeper China Market Links

Hong Kong is preparing to expand the use of the offshore yuan and strengthen cross-border investment ties with mainland China under its first five-year plan, Bloomberg reported Saturday, citing Chief Executive John Lee....

Japan, US Target AI and Chips in $550 Billion Investment Push

Japan and the United States are advancing a $550 billion investment initiative, with artificial intelligence and semiconductor projects expected to become major priorities in the next phase of the economic partnership,...

Iran’s Hormuz Oil Pressure Fades as Gulf Crude Flows Continue

Irans effort to pressure global oil markets by restricting traffic through the Strait of Hormuz is losing some of its effectiveness as U.S. support helps Gulf producers maintain crude shipments, according to the Wall...

JPMorgan Sees ECB Raising Rates to 2.75% in December

JPMorgan now expects the European Central Bank (ECB) to raise interest rates for a third time in December, lifting its policy rate to 2.75% as persistent inflation, higher energy costs and resilient eurozone growth...

Asian Currencies Rise as Yen Surges on Fed Rate Outlook

Asian currencies strengthened on Friday, led by a sharp rally in the Japanese yen as the U.S. dollar weakened following dovish comments from Federal Reserve Governor Christopher Waller. The yen was heading for a weekly...

Politics

Ecuador Backs U.S. Sinking of Vessels in Pacific Anti-Drug Operation

Ecuador has defended U.S. operations that intercepted and sank three Ecuadorean vessels this week as part of a broader campaign targeting maritime drug trafficking in the eastern Pacific, despite claims from crew members...

Trump’s Arlington Arch Project Faces New Court Restrictions

A federal judge on Friday ordered the Trump administration to provide at least 48 hours notice before carrying out most activities at the proposed site of a 250-foot triumphal arch near Arlington National Cemetery, adding...

U.S. Issues Cuba Health Alert as Illnesses Rise

The U.S. Embassy in Havana issued a health alert for Cuba on Friday after reporting a significant increase in diarrheal and intestinal illnesses linked to deteriorating water and electricity infrastructure across the...

Trump Grants Clemency to Jay-Z Associate Emory Jones

U.S. President Donald Trump granted clemency to 30 people this week, including Emory Jones, a longtime associate of rapper and business mogul Jay-Z, according to White House pardon czar Alice Marie Johnson. Johnson...

Mexico Morena Lawmaker Zenyazen Escobar Found Dead in Veracruz

Mexican federal lawmaker Zenyazen Escobar, a member of the ruling Morena party, was found dead from a gunshot wound in Veracruz on Friday, adding to concerns over political violence ahead of Mexicos upcoming elections....

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

SpaceX Turbine Push Unlikely to Threaten Howmet, Bernstein Says

SpaceXs plan to manufacture industrial gas turbine blades and vanes is unlikely to significantly threaten Howmet Aerospace, according to Bernstein analysts, who see recent weakness in Howmet shares as a potential buying...

Anthropic IPO Marketing Expected to Start in Mid-October

Anthropic is expected to begin marketing its initial public offering in mid-October at the earliest, as the artificial intelligence company adjusts the timeline for what could become one of the largest IPOs in history. The...

South Korea, US Discuss Chip Investments Amid Tariff Plans

South Korea and the United States are holding discussions over semiconductor investments in U.S. manufacturing as the two countries navigate broader economic and trade negotiations, a senior Seoul official said Friday. The...

Anthropic Nears $15 Billion Credit Deal Ahead of IPO

Anthropic is reportedly close to finalizing an expansion of its revolving credit facility to $15 billion, strengthening the artificial intelligence companys financial position ahead of its widely anticipated initial public...

Xiaomi Shares Jump on Europe EV Expansion Plan

Xiaomi shares climbed sharply on Friday after the Chinese technology giant confirmed plans to begin selling its electric vehicles in Europe in 2027, marking a major step in its international EV expansion. Xiaomi Corp...