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DARPA Awards Northrop Grumman Contract for Full-Scale Demonstration Program of Next-Generation Unmanned System for Maritime ISR and Strike

Jan 05, 2016 14:01 pm UTC| Business

REDONDO BEACH, Calif., Jan. 5, 2016 (GLOBE NEWSWIRE) -- The Defense Advanced Research Projects Agency (DARPA) and the Office of Naval Research have awarded Northrop Grumman Corporation (NYSE:NOC) the third phase of the...

Stora Enso: Announcement with a reference to Chapter 9, Section 10 of the Finnish Securities Markets Act

Jan 05, 2016 13:39 pm UTC| Business

HELSINKI, Finland, Jan. 5, 2016 (GLOBE NEWSWIRE) -- Stora Enso Oyj has on 5 January 2016 received an announcement under Chapter 9, Section 10 of the Securities Markets Act, according to which BlackRock Inc.'s indirect...

Jaybird Announces Two New Wireless Sport Earbuds: Freedom and X3

Jan 05, 2016 13:07 pm UTC| Business

SALT LAKE CITY, Jan. 5, 2016 (GLOBE NEWSWIRE) -- SPECIAL TO CES Premium active lifestyle brand, Jaybird, today announced the addition of Freedom and X3 to its growing line of high-end sport earbuds. Jaybird Freedom and X3...

DRONE VOLT: Landing on Alternext's continuous listing on December 31st 2015

Jan 05, 2016 12:01 pm UTC| Business

VILLEPINTE, France, Jan. 5, 2016- DRONE VOLT, french leader in civil UAVs, is happy to announce its transfer to Alternext Paris continuous listing by direct admission. This operation aims to enhance DRONE VOLTs visibility...

Lyft Raises $1 Bln In Latest Funding, Announces Partnership With General Motors

Jan 05, 2016 11:03 am UTC| Business

Lyft, a San Francisco-based ridesharing app, announced on Monday that it has raised $1 billion in a funding round that includes an important strategic investor, General Motors with an investment of $500 million. This...

RealManage's Noah J. Morrissey Named Northern California Market Director

Jan 05, 2016 08:08 am UTC| Business

PLEASANTON, Calif., Jan. 5, 2016 (GLOBE NEWSWIRE) -- RealManage is pleased to announce the hiring of Noah J. Morrissey to lead its Northern California operations. Mr. Morrissey served in the United States Marine Corps as a...

Final results of Nokia's successful public exchange offer for Alcatel-Lucent securities announced: Nokia to hold nearly 80% of outstanding Alcatel-Lucent shares

Jan 05, 2016 07:37 am UTC| Business

Nokia Corporation Stock Exchange Release January 5, 2016 at 09:25 (CET +1) ESPOO, Finland, Jan. 5, 2016 (GLOBE NEWSWIRE) --The French stock market authority, Autorit des Marchs Financiers (the "AMF"), today published the...

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Economy

U.S. Inflation Cools in January as Gas Prices Fall, Core CPI Signals Sticky Price Pressures

U.S. consumer prices rose less than expected in January, offering modest relief to households as gasoline and rental costs eased. However, persistent increases in service-related expenses suggest the Federal Reserve may...

U.S. Stocks End Mixed as January CPI Cools, Treasury Yields Slide

U.S. stocks closed mixed on Friday after a volatile trading session, as investors reacted to softer-than-expected January CPI data and falling Treasury yields. The SP 500 finished flat at 6,835.08, while the Dow Jones...

Asian Currencies Slip as Dollar Stabilizes Ahead of U.S. CPI Data

Asian currencies edged lower on Friday as the U.S. dollar steadied, with traders closely monitoring upcoming U.S. consumer price index (CPI) data for signals on the Federal Reserves interest rate outlook. Despite the daily...

Oil Prices Steady but Head for Weekly Loss as Supply Glut Concerns Weigh

Oil prices were mostly steady during Asian trading on Friday, yet both benchmark crude contracts remained on track for weekly losses after a sharp selloff in the previous session. Brent crude futures for April delivery...

Fed Governor Stephen Miran Warns Tight Monetary Policy Threatens U.S. Economic Growth

Federal Reserve Governor Stephen Miran cautioned that the central banks current monetary policy stance could pose a significant risk to U.S. economic growth. Speaking at a Dallas Fed event on Thursday, Miran argued that...

Politics

Anduril Eyes $60 Billion Valuation in New Funding Round to Expand Defense Manufacturing and Autonomous Fighter Jet Development

U.S. defense technology firm Anduril Industries is reportedly in discussions to raise billions of dollars in fresh funding at a valuation of at least $60 billion, according to a recent report by The Information citing...

Trump Maritime Action Plan Targets U.S. Shipbuilding Revival and Port Fee Funding

The Trump administration has unveiled a sweeping Maritime Action Plan aimed at rebuilding U.S. shipbuilding and strengthening the nations broader maritime industry. The more than 30-page strategy outlines a long-term...

Peru Congress Schedules Debate on Motion to Remove President Jose Jeri Amid Scandal

Perus Congress has scheduled a key debate for Tuesday on a motion to remove President Jose Jeri, intensifying political uncertainty in the country. Congressional leader Fernando Rospigliosi announced the decision on social...

Starmer Calls for Stronger European Defence Cooperation to Reinforce NATO and Reduce U.S. Reliance

British Prime Minister Keir Starmer is set to call for closer European defence cooperation to reduce NATOs reliance on the United States, emphasizing greater integration across Europes defence industry. Speaking at the...

U.S.-Iran and Russia-Ukraine Talks Set for High-Stakes Geneva Meeting

Two critical rounds of diplomatic negotiations focusing on Iran and the Russia-Ukraine war are scheduled to take place in Geneva on Tuesday, according to a source familiar with the matter. The high-level meetings signal...

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

Grok AI Market Share Surges as xAI Faces Scrutiny Over Image Generation Controversy

Elon Musks AI chatbot Grok is rapidly gaining traction in the U.S., even as it faces mounting global criticism over the generation of non-consensual and sexualized AI images. According to data from app intelligence firm...

Lockheed Martin Secures $101M in U.S. Defense Contracts for AEGIS, F-35, and Missile Systems

Lockheed Martin has been awarded three U.S. Department of Defense contracts worth approximately $101 million, reinforcing its role as a leading defense contractor in advanced military systems, fighter jet support, and...

GE Aerospace Expands Singapore Engine Repair Hub with Automation and AI to Tackle Aviation Bottlenecks

GE Aerospace is accelerating automation and AI-driven innovation at its Singapore engine repair hub as global airlines grapple with maintenance delays, parts shortages, and extended turnaround times. At the center of this...

U.S. Commerce Department Reaches $252 Million Settlement With Applied Materials Over China Exports

The U.S. Department of Commerce has announced a $252 million settlement with Applied Materials, resolving allegations that the semiconductor equipment maker illegally exported U.S. chip manufacturing technology to China....

Russia Moves to Fully Block WhatsApp as Kremlin Pushes State-Backed MAX App

Russia has reportedly attempted to fully block WhatsApp, the popular messaging service owned by Meta Platforms, as part of its broader efforts to tighten control over the countrys digital space. According to a company...