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Syncora Announces NYDFS Approval of $27.5mm Payment to Third-Party Holders of Long-Term and Short-Term Surplus Notes

Jun 20, 2017 20:15 pm UTC| Business

HAMILTON, Bermuda, June 20, 2017 -- Syncora Holdings Ltd. (“Syncora” or the “Company”) today announced that the New York State Department of Financial Services has approved payment on the Syncora Guarantee Inc. (“SGI”)...

Connecticut’s Liberty Bank Chooses Payveris Digital Payments Platform

Jun 20, 2017 20:12 pm UTC| Business

ROCKY HILL, Conn., June 20, 2017 -- Liberty Bank and Payveris have announced they are in the process of upgrading the $4.5 billion Middletown-based bank’s consumer and small business bill pay product to Payveris’...

Nasdaq Conducts Annual Election for Subsidiary Board Directors

Jun 20, 2017 20:05 pm UTC| Business

NEW YORK, June 20, 2017 -- Nasdaq, Inc. (Nasdaq:NDAQ) announces the appointment of fifteen directors to The NASDAQ Stock Market LLC; NASDAQ PHLX LLC; NASDAQ BX, Inc.; Nasdaq ISE, LLC; Nasdaq MRX, LLC and Nasdaq GEMX,...

Giga-tronics Reports Results for the Fourth Quarter and FY 2017

Jun 20, 2017 20:05 pm UTC| Business

DUBLIN, Calif., June 20, 2017 -- Giga-tronics Incorporated (Nasdaq:GIGA) (the “Company”) reported today net sales for the fourth fiscal quarter ended March 25, 2017 of $5.2 million, a 93% increase as compared to $2.7...

LPL Financial Reports Monthly Activity for May 2017

Jun 20, 2017 20:05 pm UTC| Business

SAN DIEGO, June 20, 2017 -- Leading retail investment advisory firm and independent broker/dealer LPL Financial LLC, a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA), today released its monthly...

KCAP Financial, Inc. Announces Quarterly Distribution

Jun 20, 2017 20:03 pm UTC| Business

NEW YORK, June 20, 2017 -- The Board of Directors of KCAP Financial, Inc. (Nasdaq:KCAP) approved a cash distribution for the second quarter of 2017 of $0.12 per share of common stock. The distribution is payable on July...

EQUITY ALERT: Lundin Law PC Announces a Securities Class Action Lawsuit against Zoompass Holdings, Inc. and Encourages Investors with Losses to Contact the Firm

Jun 20, 2017 20:02 pm UTC| Business

LOS ANGELES, June 20, 2017 -- Lundin Law PC, a shareholder rights firm, announces a class action lawsuit against Zoompass Holdings, Inc. (“Zoompass” or the “Company”) (Other OTC:ZPAS) for possible violations of federal...

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Economy

China Signals Subtle Treasury Pullback: Banks Urged to Ease US Debt Exposure

Dual signals for dollar and crypto: Saylor loads up BTC while China gently pulls off treasuries. Strategy (formerly MicroStrategy) under Michael Saylor bought 1,142 BTC for around $90 million at an average price of...

China Signals Quiet Treasury Trim: Banks Told to Ease Up on US Debt

Citing concentration concerns and increased volatility in the US debt market, Chinese regulators quietly urged major commercial banks on February 9, 2026, to cut fresh purchases of US Treasuries and slowly lower current...

The “Takaichi Trade”: How Japan’s First Female PM Is Shaping the Yen

Having assumed office late in 2025 after Shigeru Ishiba quit, Sanae Takaichi has concentrated power with a landslide Liberal Democratic Party victory and a supermajority in the snap election set for February 2026. Having...

How the US–India tariff truce boosts major Indian industries, Surat to Pharma

With zero-duty treatment for flagship products including gems and diamonds, generic drugs, and certain aircraft parts, the new USIndia interim trade agreement reduces US tariffs on Indian products from roughly 25% (close...

Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens

A major Australian pension fund is ramping up its currency hedging strategy as expectations grow that the Australian dollar is undervalued and poised to strengthen further. HESTA, one of Australias largest superannuation...

Politics

Trump Set to Visit Beijing for High-Stakes Talks With Xi Jinping

U.S. President Donald Trump is expected to travel to Beijing during the first week of April for a meeting with Chinese President Xi Jinping, according to a report by Politico citing three people familiar with the plans....

NATO Command Reshuffle Signals Shift Toward Greater European Military Leadership

The United States is preparing to transfer leadership of two major NATO command posts to European officers, marking a significant shift in the alliances military structure and reflecting growing calls for Europe to take...

China Overturns Death Sentence of Canadian Robert Schellenberg, Signaling Thaw in Canada-China Relations

Chinas top court has overturned the death sentence of Canadian national Robert Schellenberg, a major development in a long-running drug smuggling case that has strained diplomatic relations between Canada and China for...

Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

Taiwan has firmly rejected calls from the United States to relocate a large portion of its semiconductor manufacturing capacity, with senior officials stressing that the islands chip industry cannot be uprooted. Taiwan...

Trump Slams Super Bowl Halftime Show Featuring Bad Bunny

U.S. President Donald Trump sparked fresh controversy after criticizing the Super Bowl halftime show fronted by global music star Bad Bunny, calling the performance absolutely terrible in a social media post shared on...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...