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Penns Woods Bancorp, Inc Promotes Aaron Cunningham to Senior Vice President

Apr 01, 2016 12:24 pm UTC| Business

WILLIAMSPORT, Pa., April 01, 2016 -- Richard A. Grafmyre, President and CEO of Penns Woods Bancorp, Inc. (Nasdaq:PWOD), has announced the promotion of Aaron Cunningham to Senior Vice President/Chief Credit Officer for...

Sunesis Pharmaceuticals Announces Closing of $15 Million Venture Loan

Apr 01, 2016 12:17 pm UTC| Business

SOUTH SAN FRANCISCO, Calif., April 01, 2016 -- Sunesis Pharmaceuticals, Inc. (Nasdaq:SNSS) today announced that it has entered into a $15 million loan agreement (“the agreement”) with Bridge Bank, a division of Western...

Energy Focus Launches “Energy Focus Promise” Its 10-Year Warranty for LED Products

Apr 01, 2016 12:15 pm UTC| Business

SOLON, Ohio , April 01, 2016 -- Energy Focus Inc. (NASDAQ:EFOI), a leader in LED lighting technologies, announced today “Energy Focus Promise,” the company’s new, standard 10-year warranty for commercial LED tubes...

Taboola Signs Exclusive Discovery Partnership With New York Magazine, Powering Data-Driven Strategies Around Audience Development, Monetization, and Content Distribution

Apr 01, 2016 12:00 pm UTC| Business

NEW YORK, April 01, 2016 -- Taboola®, the leading global discovery platform, today announced an exclusive, two-year partnership with New York Media, the award-winning media company and publisher of leading national...

United Community Banks, Inc. Announces Annual Meeting of Shareholders

Apr 01, 2016 12:00 pm UTC| Business

BLAIRSVILLE, Ga., April 01, 2016 -- United Community Banks, Inc. (NASDAQ:UCBI) (“United”) announced that it will host its annual shareholders’ meeting at 2:00 p.m. on Wednesday, May 11, 2016 at The Ridges Resort in...

Janus Capital Group Announces the Promotion of Enrique Chang to President, Head of Investments

Apr 01, 2016 12:00 pm UTC| Business

DENVER, April 01, 2016 -- Janus Capital Group, Inc., (NYSE:JNS) today announced the promotion of Enrique Chang to President, Head of Investments. Enrique today begins overseeing Janus’ Fundamental and Macro Fixed Income...

Provident Financial Services, Inc. Schedules First Quarter Earnings Conference Call

Apr 01, 2016 12:00 pm UTC| Business

ISELIN, N.J., April 01, 2016 -- Provident Financial Services, Inc. (NYSE:PFS) announced that it expects to release financial results for the quarter ended March 31, 2016 on Friday, April 29, 2016 at approximately 8:00...

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Economy

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

Stocks Surge as Strait of Hormuz Reopens, Oil Prices Plunge

U.S. stock markets closed sharply higher on Friday as easing Middle East tensions and the temporary reopening of the Strait of Hormuz sent investor confidence soaring. The SP 500 gained 1.2% to finish at 7,125.36, the...

Oil Prices Plunge as Strait of Hormuz Reopens Amid U.S.-Iran Ceasefire Talks

Global oil prices fell sharply on Friday after Iran and the United States jointly announced the temporary reopening of the Strait of Hormuz, easing fears over a major disruption to the worlds oil supply. Brent crude...

Dollar Retreats as Strait of Hormuz Reopens, Easing Safe-Haven Demand

The U.S. dollar surrendered most of its war-driven gains on Friday after Iran announced the Strait of Hormuz was completely open, reducing the safe-haven appeal that had propped up the currency since the U.S.-Iran conflict...

IMF Warns Middle East War to Deepen Economic Divide Across Latin America and Caribbean

The ongoing Middle East conflict is expected to widen economic inequality across Latin America and the Caribbean, according to the International Monetary Fund. While oil-exporting nations stand to gain short-term...

Politics

Trump's Iran Claims Spark Market Confusion Over Strait of Hormuz

Global financial markets and world leaders are navigating a wave of cautious optimism mixed with uncertainty after President Donald Trump announced a breakthrough in U.S.-Iran negotiations, including what he described as...

Anthropic CEO Meets Trump Officials to Discuss Powerful New AI Model Mythos

Anthropic CEO Dario Amodei sat down with senior Trump administration officials last Friday in what analysts are calling a pivotal move to repair a strained relationship between the AI company and the federal government....

Trump and IRS in Settlement Talks Over $10 Billion Tax Return Leak Lawsuit

Donald Trumps legal team and the Internal Revenue Service are reportedly engaged in settlement negotiations over a $10 billion federal lawsuit stemming from the unauthorized disclosure of the presidents private tax...

UNICEF Condemns Killing of Aid Workers Delivering Water in Gaza

The United Nations childrens agency UNICEF has expressed outrage following the fatal shooting of two contracted truck drivers who were delivering clean water to families in the Gaza Strip. The deadly incident occurred on...

Iran Reopens Strait of Hormuz Amid Fragile Ceasefire and Ongoing Nuclear Tensions

Iran has temporarily reopened the Strait of Hormuz to commercial shipping following a U.S.-brokered ceasefire between Israel and Lebanon, sparking cautious optimism in global markets. However, Tehran issued a stark warning...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

Apple Wins ITC Ruling, Keeping Blood-Oxygen Feature on Apple Watch

A U.S. trade tribunal sided with Apple on Friday, rejecting Masimo Corporations push to reinstate an import ban on Apple Watch. The U.S. International Trade Commission chose not to review an earlier judges ruling that...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...