At least five people were killed and dozens injured Thursday in a massive crash involving 75 to 100 vehicles on an icy Texas interstate, police said, as a winter storm dropped freezing rain, sleet and snow on parts of the U.S.
At least five people were killed and dozens injured Thursday in a massive crash involving 75 to 100 vehicles on an icy Texas interstate, police said, as a winter storm dropped freezing rain, sleet and snow on parts of the U.S.
GM has teased more news about the Hummer EV on April 3rd with video showing the electric truck's testing in sub-zero conditions.
The "Medical and Diagnostic Laboratory Services Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
Jody Markopoulos appointed Chief Operating Officer and Jesper Helt named Chief People OfficerEDISON, N.J., March 08, 2021 (GLOBE NEWSWIRE) -- Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos”), a leading provider of safe, scalable, efficient, and sustainable zinc-based energy storage systems, today announced the expansion of its senior leadership team with the appointment of Jody Markopoulos as Chief Operating Officer and Jesper Helt as Chief People Officer. Markopoulos will be responsible for optimizing the value chain and leading capacity expansion to meet customer demand for energy storage solutions. Helt will lead the company’s human resources and talent acquisition efforts, in addition to developing workplace culture and diversity programs. “As Eos embarks on a new chapter of growth and innovation, it will be crucial to have an experienced and dynamic leadership team in place who can deliver value to our customers, shareholders and employees,” said Joe Mastrangelo, Chief Executive Officer of Eos. “Jody brings expertise in supply chain and manufacturing operations and has a track record of growing high-performance teams. Her insights and knowledge of the energy industry will be invaluable to Eos.” “Jesper is a creative and results-driven executive with a global perspective. His track record of progressive HR practices from the tech industry will be instrumental as we develop an inclusive company culture and seek to be a magnet for the industry’s top talent,” Mastrangelo continued. “We are thrilled to welcome Jody and Jesper to our positively ingenious team.” Markopoulos began her career at GE Power, where she held a number of successive leadership roles deepening her supply chain expertise, power generation knowledge and operational leadership. Following a six-year run as Vice President of Sourcing, Markopoulos went on to be President & CEO of GE Intelligent Platforms, a high technology controls, automation and software company before going to GE Oil & Gas to lead the supply chain operations. Markopoulos played an instrumental role in the creation and transition of Baker Hughes from GE as part of the executive team. Most recently she ran her own consulting firm, leveraging 27 years of operating leadership, providing advisory services to leading private equity, public and private companies. She has a Bachelor of Science degree in Engineering & Management from Clarkson University. “I’m thrilled to join the Eos team at such an exciting time in the company’s history,” said Markopoulos. “The energy storage space is experiencing tremendous growth and Eos is well-positioned to lead the way in changing how the world stores power. I look forward to the growth challenge, being part of a team that is at the forefront of the energy transition and who is committed to delivering game changing energy storage solutions to our customers.” Helt has spent more than 25 years creating organizational and cultural transformations at companies ranging from Fortune 500 to mid-sized start-up environments. Prior to joining Eos, Helt was Chief Human Resources Officer at Commvault, a global leader in enterprise data management, where he was responsible for the global people agenda, including successive years of Great Place to Work certifications. Helt started his career in the pharmaceutical industry with Novo Nordisk until he transitioned into technology where he held senior human resources roles at Velti, SuccessFactors and Hewlett-Packard. He earned a PhD in cultural sociology from University of Copenhagen, Denmark. “Eos’ relentless commitment to building a sustainable and greener tomorrow is such a purposeful and powerful foundation of our employee value proposition,” said Helt. “I’m excited to build on that purpose and help create a truly energizing culture and employee experience that invites everyone to bring their whole self to work, feed off each other and channel their creativity and talents into bringing the next generation of energy storage solutions to our customers around the world.” About Eos Eos Energy Enterprises, Inc. is accelerating the shift to clean energy with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth® aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. Safe, scalable, efficient, sustainable — and manufactured in the U.S. — it's the core of our innovative systems that today provide utility, industrial, and commercial customers with a proven, reliable energy storage alternative. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com. Forward-Looking StatementsThis press release includes certain statements that may constitute "forward-looking statements" for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about: the future financial performance of Eos; Eos’s plans for expansion and acquisitions; and changes in Eos's strategy, future operations, financial position, estimated revenues, and losses, projected costs, prospects, plans and objectives of management. These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing the parties' views as of any subsequent date, and Eos does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. You should not place undue reliance on these forward-looking statements. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include, but are not limited to: (1) the outcome of any legal proceedings that may be instituted against Eos; (2) the ability to maintain the listing of Eos’s shares of common stock on NASDAQ; (3) the ability of Eos’s business to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (4) changes in applicable laws or regulations; (5) the possibility that Eos may be adversely affected by other economic, business, and/or competitive factors; and (6) other risks and uncertainties indicated from time to time, including those more fully described in Eos’s most recent filings with the Securities and Exchange Commission, including its Form 10-K for the year ended December 31,2020 filed on February 26, 2021, and other factors identified in Eos’s prior and future SEC filings with the SEC, available at www.sec.gov. Contacts Investors: email@example.comMedia: firstname.lastname@example.org
LOS ANGELES, March 08, 2021 (GLOBE NEWSWIRE) -- The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Penumbra, Inc. (“Penumbra” or the “Company”) (NYSE: PEN) common stock between August 3, 2020 and December 15, 2020, inclusive (the “Class Period”). Penumbra investors have until March 16, 2021 to file a lead plaintiff motion. If you are a shareholder who suffered a loss, click here to participate. One of the Company’s flagship products is the Jet 7 Xtra Flex, an aspiration catheter to remove blood clots. On September 14, 2020, the Foundation for Financial Journalism published an article raising concerns about the Jet 7 Xtra Flex’s safety profile, including that there had been 12 reported deaths since the product was introduced in mid-2019. On this news, the Company’s stock price fell $5.77, or 3%, to close at $193.66 per share on September 14, 2020. On November 9, 2020, Quintessential Capital Management issued a research report on the Company entitled “Penumbra and its ‘Killer Catheter’: A tale of corporate greed and seemingly blatant disregard for patients’ lives[.]” The report accused Penumbra of a “seemingly blatant disregard for patients’ lives.” The Company continued to insist that the Jet 7 Xtra Flex was “absolutely safe” and refuted any claims to the contrary by stating they made “no sense” and there “isn’t an issue.” On November 23, 2020, the Journal of NeuroInventional Surgery published an article presenting three cases of patients who had suffered due to malfunctions with the Jet 7 Xtra Flex. The article was widely disseminated over the next two days. On this news, the Company’s stock price fell $30.59, or 12%, to close at $224.12 per share on November 25, 2020. On December 8, 2020, Quintessential Capital Management released a follow-up research report entitled “Is Penumbra’s core scientific research authored by a fake person?: The incredible story of Penumbra’s Dr. Antik Bose[.]” The follow-up report alleged that some of Penumbra’s scientific research pieces appear to have been incorrectly attributed or even authored by a fake individual. On this news, the Company’s share price fell $19.95 per share, or almost 9%, to close at $204.07 per share on December 8, 2020, thereby injuring investors. On December 15, 2020, after the market closed, Penumbra announced that it was voluntarily “recalling its JET 7 Xtra Flex because the catheter may become susceptible to distal tip damage during use[, which] may result in potential vessel damage, and subsequent patient injury or death.” On this news, the Company’s stock price fell $188.82 per share, or almost 7%, to close at $174.98 per share on December 16, 2020, thereby injuring investors. The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that the Jet 7 Xtra Flex had known design defects that made it unsafe for its normal use; (2) that Penumbra did not adequately address the risk of the Jet 7 Xtra Flex causing serious injury and deaths, which had in fact already occurred; (3) that the Jet 7 Xtra Flex was likely to be recalled due to its safety issues; and (4) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. Follow us for updates on Twitter: twitter.com/FRC_LAW. If you purchased Penumbra securities during the Class Period, you may move the Court no later than March 16, 2021 to ask the Court to appoint you as lead plaintiff. To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class. If you purchased Penumbra securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to email@example.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Contacts The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz, firstname.lastname@example.org
Mission Produce Mission Produce Enters The Mango Category OXNARD, Calif., March 08, 2021 (GLOBE NEWSWIRE) -- Mission Produce, Inc. (NASDAQ:AVO) (“Mission” or the “Company”), the world leader in sourcing, producing, and distributing fresh Hass avocados, today announced the launch of its year-round mango program. In true Mission form, the program will be the first ever to incorporate ripening and distribution on a global and national scale through Mission’s advanced network. “We’re entering the mango category today as we did the avocado category almost 40 years ago in a way that has never been done before,” said Mission Founder and Chief Executive Officer Steve Barnard. “As the number one consumed fruit in the world, mangos offer a long runway of opportunity. Adding mangos to our portfolio is a natural next step as we expand our footprint worldwide.” “We are in a prime position for market expansion. Mission currently owns 300 hectares of mangos in Peru and is on track to source additional fruit from other premier growing regions,” said Mission Vice President of North American Sales Stephen Fink. “We began our original mango program a few years ago during a seasonal window to keep our workforce employed year-round. We’ve since seen increasing demand from our customers and the impressive response to our current mango program indicates that we are ready to grow into the mango market.” “Mangos are typically off-season from avocados, so this complementary program creates a unique synergy within our international farming business,” added Barnard. Mission’s unparalleled access across its distribution, ripening, and transportation network will allow the Company to optimize production with the seasonality of mangos, as it has with avocados. Entering the mango category brings additional offerings to Mission’s customer base, enhancing its ability to provide great value-added service and maximize profitability. To oversee the new category, Patrick Dueire joins Mission Produce as Director of Mangos, bringing more than 20 years of international experience of growing, shipping, and distributing the fruit in the U.S. and Europe. In his previous role, he spearheaded Dayka & Hackett’s mango business, managing tropical category imports. In 2016, he was appointed to serve as a member of the National Mango Board. “Patrick is a strategic hire to complement our avocado expertise with significant capabilities in the mango industry,” said Fink. “As the most advanced avocado network in the world, we are well positioned to capitalize on the opportunity to bring high quality mangos to market while continuing to provide the world class service our customers have come to expect.” For more information, or to inquire about Mission’s mango offerings, please visit www.missionproduce.com. About Mission Produce, Inc.: Mission Produce is the world’s most advanced avocado network. For more than 35 years, Mission Produce has been recognized as the leader in the worldwide avocado business, sourcing, producing and distributing fresh avocados, servicing retail, wholesale and foodservice customers in over 25 countries. The vertically integrated Company owns and operates four state-of-the-art avocado packing facilities in key growing locations globally including California, Mexico & Peru and has additional sourcing capabilities in Chile, Colombia, Dominican Republic, Guatemala, New Zealand, & South Africa. Mission’s global distribution network includes eleven forward distribution centers in North America, China & Europe that offer value-added services such as ripening, bagging, custom packing and logistical management. In addition, Mission owns over 11,000 acres globally, allowing for diversified sourcing and access to complementary growing seasons, while ensuring its customers receive the highest quality fruit possible. Mission is the largest global supplier of the World’s Finest Avocados, for more information please visit www.missionproduce.com. Contact: Denise Junqueiro Senior Director of Marketing and Communications Mission Produce, Inc. email@example.com Source: Mission Produce, Inc. A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4fd17235-a511-49f7-98c0-22f71647e3f9
Rise in number of railway projects across the world, increase in urbanization and local commute requirements, growth in demand for passenger and freight capacity, and changing passenger payment habits fuel the growth of the global smart railway market. Based on offering type, the solutions segment held the largest market share in 2019. At the same time, region wise, the market across LAMEA would manifest the highest CAGR throughout the forecast period. Prominent Companies: Alstom, BOMBARDIER INC., ABB Ltd, Siemens AG, Cisco Systems, Inc., Huawei Technologies Co., Ltd., IBM, Indra Sistemas, S.A., Hitachi, Ltd., and Aitek S.P.A.Portland, OR, March 08, 2021 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global smart railway market was estimated at $18.30 billion in 2019 and is expected to hit at $38.47 billion by 2027, registering a CAGR of 12.8% from 2020 to 2027. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends. Rising urbanization and local commute requirements, increasing demand for passenger and freight capacity, surge in number of railway projects across the world, and varying passenger payment habits drive the growth of the global smart railway market. On the other hand, high Installation cost impedes the growth to some extent. However, changing ridership outlook is expected to pave the way for multiple opportunities in the industry. Download Report Sample (255 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/412 Covid-19 scenario- Public transport in most of the cities was partially banned during the first phase of the lockdown, which in turn impacted the global smart railway market.However, as the lockdown has loosened off, transportation has begun partially across the globe with strict restrictions such as passenger limit and maintenance of social distancing. And, with this, the market is expected to recoup soon. Request for Customization at https://www.alliedmarketresearch.com/request-for-customization/412 The global smart railway market is analyzed across system, offering type, and region. Based on system, the smart ticketing system contributed to nearly one-fifth of the total market share in 2019, and is expected to retain its dominance by the end of 2027. The rail & freight operations management system segment would exhibit the fastest CAGR of 15.8% throughout the forecast period. Based on offering type, the solutions segment accounted for more than two-fifths of the total market revenue in 2019, and is projected to dominate by 2027. The same segment would also showcase the fastest CAGR of 14.2% from 2020 to 2027. Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/412 Based on region, Europe held the major share in 2019, accounting for nearly one-third of the total revenue share, and is anticipated to retain its dominance during the forecast period. Simultaneously, the region across LAMEA would manifest the fastest CAGR of 15.3% by 2027. The other two regions covered in the report include North America and Asia-Pacific. The key market players analyzed in the global smart railway market report include Alstom, BOMBARDIER INC., ABB Ltd, Siemens AG, Cisco Systems, Inc., Huawei Technologies Co., Ltd., IBM, Indra Sistemas, S.A., Hitachi, Ltd., and Aitek S.P.A. These market players have incorporated several strategies including partnership, expansion, collaboration, joint ventures, and others to brace their stand in the industry. Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/412 Similar Reports We Have on Train/Railway Technology Industry: Autonomous Train Technology Market by Grade of Automation (GOA 1, GOA 2, GOA 3, and GOA 4), Train Type (Passenger Train and Freight Train), Technology (CBTC, ETRMS, ATC, and PTC), and Component (Camera, Accelerometer, Odometer, Tachometer, Radio Set, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026. Hydrogen Fuel Cell Train Market by Application (Passenger Train and Freight Train) and Technology (Proton Membrane Exchange, Phosphoric Acid Fuel Cell and Others): Global Opportunity Analysis and Industry Forecast, 2021–2027. Light Rail Market by Component (Pantograph, Axle, Wheelset, Traction Motor, Passenger Information System and Air Conditioning System), Type (Locomotives, Rapid Transit, Wagons and Coaches) and Application (Passenger Transportation and Freight Transportation): Global Opportunity Analysis and Industry Forecast, 2021–2027. Rail and Metro Cyber Security Market by Types (Infrastructural and On-board), Security Type (Network Security, Application Security, Data Protection, End Point Protection and System Administration) and Component (Solutions and Service): Global Opportunity Analysis and Industry Forecast, 2020–2027. High-Speed Rail Market by Speed (200-299km/h, 300-399km/h, 400-499km/h and Above 500km/h), Technology (Wheel-on-Rail and Maglev), Application (Freight and Passenger) and Component (Axle, Converter, Traction Motor, Transformer, Wheel Set and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027. Rail Freight Transportation Market by Product Type (Intermodals, Tank Wagons and Freight Cars) and Application (Oil &Gas Industry, Mining Industry, Chemical Industry and Transport Industry): Global Opportunity Analysis and Industry Forecast, 2021–2027. Train Control Management System Market by Train Type (Metros & High-Speed Train, Electric Multiple Unit, and Diesel Multiple Unit), by Control Solution (Communication-Based Train Control Solution, Positive Train Control, and Integrated Train Control), by Component (Vehicle Control Unit, Mobile Communication Gateway, and Human Machine Interface) - Global Opportunity Analysis and Industry Forecast 2017-2030. About Allied Market Research Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests. Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 firstname.lastname@example.org Web: www.alliedmarketresearch.com Allied Market Research Blog: https://blog.alliedmarketresearch.com Follow Us on | Facebook | Twitter | LinkedIn |
BALTIMORE MD, March 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Global Boatworks Holdings, Inc.(OTC: GBBT), ("Global" or "the Company") announces that its operating subsidiary R3 Score has successfully tested a new scoring feature for its AI-enabled, financial software platform which will enable its customers to assess individuals without criminal histories. The testing has occurred over the last 6 months and today the Company is making available this unique scoring capability to those with thin credit files or where traditional tools are unable to assess them adequately. This new score enables the Company to expand its customer base to corporations seeking to meet 2021 Diversity, Equity, and Inclusion (DEI) goals in hiring and access to capital. “We are committed to ensuring that qualified candidates of all backgrounds gain access to fair and affordable credit as well as employment opportunities which are often determined by someone’s past performance; often without any context to circumstance,” says President & CEO, Laurin Leonard. “Too many consumers are restricted by the traditional methodologies of assessing people who don’t fit the older more traditional models. We believe our tools are more modern and take into consideration all the ways people live, work and exist in these ever-changing times. We are committed to improving financial outcomes for consumers while presenting businesses with more context to make informed decisions all while managing their risk.” With a use case for both businesses and a direct offering to consumers, the Company is building strategic partnerships to help improve its pipeline to diverse but qualified consumers and talent. Additionally, the Company has several direct-to-consumer offerings in R&D. These offerings on both sides of the market speak to the estimated $189B in annual fees available by bringing millions of Americans into mainstream banking systems online. “R3’s more contextualized reports enable the company to tap into a broader available market by using better data,” added Leonard. “The Company’s broader vision always included scoring individuals with thin credit or the credit invisible so this is an exciting feature to announce in early 2021.” About Global Boatworks Holdings, Inc. and R3 Holdings, Inc. Global completed a definitive Share Exchange Agreement with Baltimore, Maryland-based R3 Technologies, Inc. on September 23, 2020. R3 Holdings, Inc. is a SaaS company that provides a more contextualized criminal background report and alternative credit score for use by businesses of all sizes and in every industry. R3’s AI-enabled, financial software platform uses proprietary data-driven scoring designed to unlock new valuable information about employees and financial services consumers utilizing a multi-factor algorithm based on 11 factors assessing character, capacity, and current choice. To learn more about R3 Score, visit www.R3Score.com. Forward-Looking Statements This press release may contain “forward-looking statements.” Forward-looking statements reflect the current view about future events. When used in this presentation, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements include, but are not limited to, statements contained in this presentation relating to the view of the management of R3 Score Technologies, Inc. (the “Company”) concerning its business strategy, future operating results, and liquidity and capital resources outlook. Forward-looking statements are based on the Company’s current expectations and assumptions regarding its business, the economy, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. The Company’s actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you, therefore, against relying on any of these forward-looking statements. Factors or events that could cause the Company’s actual results to differ may emerge from time to time, and it is not possible for the Company to predict all of them. The Company cannot guarantee future results, levels of activity, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Contact: Info@R3Score.com Investor Relations Contact: TraDigital IRKevin McGrathemail@example.com
Pluralsight Inc said on Monday private equity firm Vista Equity Partners had increased its all-cash offer for the U.S. learning software company by 11% to $22.50 per share. Shares of Pluralsight rose 7.2% to $22.04 on Monday after Vista raised its bid from $20.26 per share. In December, Vista Equity first agreed to acquire Pluralsight in a deal valuing the learning software company at $3.5 billion.
To be sure, Kohl's key business metrics remain well below their pre-pandemic levels. For the period that ended Jan. 20, Kohl's revenue declined 10.1% year over year to $6.14 billion. This marked a solid improvement compared to the company's 14% revenue decline in its fiscal third quarter, not to mention the 31.5% plunge in its revenue during the first half of its fiscal year.
The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Aquestive Therapeutics, Inc. (AQST) Investors
The "Global Container Shipping Market (by Container Size, Type & Region): Insights & Forecast with Potential Impact of COVID-19 (2021-2025)" report has been added to ResearchAndMarkets.com's offering.
Eligible Americans could have $1400 in their hands as early as this week with President Biden's $1.9 trillion economic relief bill set to clear the final hurdle.The House is expected to pass the revised stimulus package on Tuesday after the Senate passed its version over the weekend.Nearly 160 million households are expected to get the cash payment, according to White House estimates.Getting payments out to Americans who regularly file tax returns will be the easy part. It will be challenging, however, to get money to other groups who are eligible to receive checks this time around: including the incarcerated, those with non-citizen spouses and relatives of those who died in 2020. In addition, the IRS will have to locate the homeless and others who fell through the cracks during previous stimulus payments.And, of course, this all comes at the busiest time of the year for the IRS with the April 15 tax deadline a little more than a month away.Nevertheless, a U.S. Treasury spokeswoman said the Treasury Department stands ready to get the money out electronically or through paper checks as soon as Biden signs on the dotted line.
Collier's late father always said she was No. 1. She leaves Texas with a career-high better than Kevin Durant.
Thomas Tuchel and Carlo Ancelotti face off at Stamford Bridge this evening as Chelsea and Everton battle to boost their Premier League top four hopes. With the race for Champions League qualification looking likely to go to the wire this season, every point will count with as many as seven teams still in the hunt for the three slots behind League leaders Man City.
Banks struggled with elevated delinquencies, particularly in commercial real estate, and real estate investment trusts (REITs), especially mall REITs and apartment REITs, struggled with tenant delinquencies. The year was particularly hard on mortgage REITs, and many struggled to survive. MFA Financial (NYSE: MFA) was one of those mortgage REITs.
The "Life Cycle and Total Cost of Ownership (TCO) Analysis of Heavy, Medium, and Light Duty Trucks in Europe" report has been added to ResearchAndMarkets.com's offering.
In The Know readers get an exclusive 30 percent discount on these premium Rendall Co. products that come in a variety of prints and colors.
The United Nations human rights office voiced deep concern on Monday at the fate of 200 peaceful protesters trapped by Myanmar's security forces in Yangon and called for them to be allowed to leave in safety without reprisals. Three people were killed in Myanmar on Monday at demonstrations against last month's military coup, and hundreds of protesters in the main city Yangon pleaded for help after they were cornered by security forces after dark.
(Bloomberg) -- U.S. Treasury Secretary Janet Yellen said the Biden administration is working toward getting the labor market “back on track” by later this year or early in 2022.“We’re really concerned about scarring permanent scarring from this crisis, and it’s focused us very heavily on doing everything we can to get back on track as quickly as we can,” Yellen said in a virtual discussion with International Monetary Fund Managing Director Kristalina Georgieva Monday. “By next year I think there’s a prospect that -- with an all-out effort on vaccination and reopening schools -- that we can really get the labor market back on track, later this year or next year.”There were nearly 10 million unemployed Americans in February, almost double the pre-pandemic level, underscoring a lengthy road to recovery for the labor market. Other areas of the economy, including housing and manufacturing, have recovered much more quickly. U.S. payrolls increased by 379,000 last month, more than economists had estimated, while the unemployment rate dropped to 6.2%.Georgieva said the IMF is “very supportive” of the policies the U.S. is pursuing to address the needs of the most vulnerable people to provide relief to the poor, calling them “very progressive.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
(Bloomberg) -- U.S. stocks gained with European equities even as Treasury yields edged higher as investors rotated into shares of companies whose fortunes are closely tied to the economic cycle.The S&P 500 headed for a second day of gains after selling last week sent it into a 5% tailspin. Material producers and finanical firms led the gains after lagging behind for most of last year. Banks and miners led a rally in Europe on the expectatoin that a more robust vaccine rollout will boost growth in the region. Tech stocks lagged behind as investors continued to question high valuations in an era of higher yields.The 10-year Treasury rate jumped toward 1.6%, while the dollar strengthened. Brent crude briefly traded near $70 a barrel before pulling back. Gold slumped and Bitcoin traded above $51,000.Investors embraced the prospect for a surge in global economic growth as vaccine distribution improves and the U.S. heads toward passing a $1.9 trillion spending bill. The risks associated with rising Treasury yields remain an overhang amid fears that government aid programs could overheat economic growth. “You will see a lot of volatility in markets,” Kim Stafford, Asia Pacific head at Pacific Investment Management Co., said on Bloomberg Television. “We believe that confidence is improving, especially with vaccines coming online, so we will see an uptick in growth globally. There are a lot of reasons to be confident in the market, but a lot of this is also priced in.”There are also questions about whether equity valuations have become excessive, especially in speculative tech shares. The Nasdaq 100 Index has fallen about 8% since early February.Crash Landing on Stock Heroes of Yesteryear Is Worst in a DecadeMeanwhile, China’s main stock benchmark entered a correction on Monday on concerns about liquidity conditions and valuations in some of the recently favored stocks. The CSI 300 Index fell 3.5%, piercing through its 100-day moving average and putting losses from its recent February 10 peak to 13%.Here are some key events to watch:The annual session of China’s National People’s Congress continues in Beijing.Japan GDP is due Tuesday.EIA crude oil inventory report is due WednesdayThe U.S. February consumer price index will offer the latest look at price pressures Wednesday.The European Central Bank holds its monetary policy meeting and President Christine Lagarde is set to do a briefing Thursday.These are some of the main moves in markets:For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.