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Umpqua Bank Names Kent Grubaugh EVP of Wealth Management Division

May 15, 2017 12:31 pm UTC| Business

PORTLAND, Ore., May 15, 2017 -- Umpqua Bank, a subsidiary of Umpqua Holdings Corporation (NASDAQ:UMPQ), announced today that it has hired Kent Grubaugh to oversee the company’s wealth management division. In this role,...

Umpqua Bank Names Kent Grubaugh EVP of Wealth Management Division

May 15, 2017 12:31 pm UTC| Business

Umpqua Bank Names Kent Grubaugh EVP of Wealth Management Division

May 15, 2017 12:32 pm UTC| Business

CardConnect Payment Solutions Is Certified as Powered by SAP NetWeaver®

May 15, 2017 12:31 pm UTC| Business

KING OF PRUSSIA, Pa., May 15, 2017 -- CardConnect® (NASDAQ:CCN), a leader in payment processing and technology solutions, today announced that CardConnect Payment Solutions Version 1.0 for SAP® ERP, its comprehensive...

CardConnect Payment Solutions Is Certified as Powered by SAP NetWeaver®

May 15, 2017 12:31 pm UTC| Business

Corvus Pharmaceuticals to Present Data on Lead Checkpoint Inhibitor CPI-444 in Renal and Lung Cancer at 2017 ASCO Annual Meeting

May 15, 2017 12:31 pm UTC| Business

BURLINGAME, Calif., May 15, 2017 -- Corvus Pharmaceuticals, Inc. (Nasdaq:CRVS), a clinical-stage biopharmaceutical company focused on the development and commercialization of novel immuno-oncology therapies, today...

Corvus Pharmaceuticals to Present Data on Lead Checkpoint Inhibitor CPI-444 in Renal and Lung Cancer at 2017 ASCO Annual Meeting

May 15, 2017 12:31 pm UTC| Business

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Economy

Asian Stocks Rise as U.S. Tech Earnings and Tariff Uncertainty Drive Markets

Asian shares moved higher on Tuesday as investors positioned for a wave of U.S. mega-cap earnings, even as fresh tariff tensions from President Donald Trump added a layer of uncertainty to global markets. Optimism around...

Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.

The Federal Reserve has confirmed that its closely watched policy meeting will proceed as scheduled, even as extreme winter weather forced the closure of many government offices across Washington D.C. In an official...

Oil Prices Slip Despite U.S. Winter Storm and Ongoing Geopolitical Risks

Global oil prices edged lower on Tuesday even as a massive winter storm disrupted crude oil production and refinery operations across the United States, highlighting the markets focus on broader demand concerns and supply...

Yen Holds Firm as Dollar Weakens on Intervention Speculation and U.S. Political Risks

The Japanese yen stabilized on Tuesday after two consecutive sessions of strong gains, as currency traders stayed alert to the possibility of coordinated foreign exchange intervention by U.S. and Japanese authorities....

U.S. Stock Futures Steady as Fed Decision and Big Tech Earnings Approach

U.S. stock index futures were little changed on Monday evening as investors reacted to fresh policy developments from the Trump administration and positioned cautiously ahead of a key Federal Reserve meeting and major...

Politics

California Governor Gavin Newsom Launches Review Into Alleged TikTok Content Suppression After U.S. Ownership Deal

California Governor Gavin Newsom has accused TikTok of suppressing content critical of President Donald Trump, prompting a state-level review into the platforms content moderation practices to determine whether they...

Japan Urges Fishermen to Avoid Senkaku Islands as China Tensions Rise

A 76-year-old Japanese fisherman, Hitoshi Nakama, has long seen himself as a frontline defender of Japans claims over the disputed Senkaku Islands in the East China Sea. For years, Nakama and other fishermen regularly...

Trump, Walz Seek De-Escalation After Minneapolis Deportation Crisis and Agent Shake-Up

President Donald Trump and Minnesota Governor Tim Walz signaled a possible easing of tensions on Monday following a private phone call, as both sides appeared to move toward defusing a growing crisis surrounding Trumps...

Israeli Strike in Southern Lebanon Kills Al-Manar TV Presenter, Raises Fears of Wider Escalation

A Lebanese armed group, Hezbollah, said on Monday that an Israeli airstrike in southern Lebanon killed Ali Nour al-Din, a television presenter who worked for Al-Manar, the groups affiliated media outlet. The incident has...

Trump Administration Gun Comments Spark Rift With NRA Ahead of Midterms

Comments by senior Trump administration officials following the fatal shooting of Alex Pretti at a Minneapolis protest have triggered an unusual and politically risky clash with powerful gun rights groups, raising concerns...

Science

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...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Technology

Micron to Expand Memory Chip Manufacturing Capacity in Singapore Amid Global Shortage

U.S. memory chip maker Micron Technology is preparing to announce a major new manufacturing capacity investment in Singapore, signaling an aggressive expansion to meet surging global demand for memory chips. According to...

Microsoft Wins Approval to Build 15 New Data Centers in Wisconsin

Microsoft Corporation (NASDAQ: MSFT) has taken another major step in expanding its data center footprint after receiving unanimous approval from local officials in Mount Pleasant, Wisconsin, to build 15 additional data...

Samsung Set to Begin HBM4 Production for Nvidia and AMD

Samsung Electronics is preparing to begin mass production of its next-generation high-bandwidth memory chips, known as HBM4, as early as next month, according to a source familiar with the matter cited by Reuters. The...

U.S. Lawmakers Demand Scrutiny of TikTok-ByteDance Deal Amid National Security Concerns

U.S. lawmakers are calling for closer congressional scrutiny of a new deal involving TikTok and its Chinese parent company ByteDance, raising fresh concerns about national security, data privacy, and potential Chinese...

Ericsson Plans SEK 25 Billion Shareholder Returns as Margins Improve Despite Flat Network Market

Swedens telecom equipment giant Ericsson announced plans to significantly boost shareholder returns after reporting a sharp rise in net cash and continued margin improvements, even as the global mobile network market...