Uncategorized

News Updates: Credit Suisse Gets First Tranche Under GFC Alliance Debt Revamp 2021

ZURICH (Reuters) – Credit Suisse (SIX:CSGN) has received an upfront payment as part of GFG Alliance’s debt restructuring deal for its Australian steel and coal mining assets, the Swiss bank said on Thursday. “We can confirm that we are now in receipt of the agreed upfront payment of AUD 129m, and we expect to receive …

News Updates: Credit Suisse Gets First Tranche Under GFC Alliance Debt Revamp 2021 Read More »

Updates 2021″ Trimble And Washington State University Establish Trimble Technology Lab At The Voiland College Of Engineering And Architecture

SUNNYVALE, Calif., and PULLMAN, Wash., Oct. 21, 2021 /PRNewswire/ — Building on a mission to cultivate a highly-trained workforce that will drive the innovative solutions of tomorrow, Trimble (NASDAQ: TRMB) and Washington State University (WSU) have established a state-of-the-art Technology Lab in WSU’s Voiland College of Engineering and Architecture to serve both the School of …

Updates 2021″ Trimble And Washington State University Establish Trimble Technology Lab At The Voiland College Of Engineering And Architecture Read More »

White House Tells Democrats Corporate Tax Hike Unlikely In Current Bill -Source 2021

(Reuters) -The White House told Democratic lawmakers on Wednesday that a proposed hike in U.S. corporate taxes is unlikely to make it into their signature social spending bill, according to a congressional source familiar with the discussions. President Joe Biden’s plans to hike the corporate tax rate to 28% from 21%, a key campaign promise, …

White House Tells Democrats Corporate Tax Hike Unlikely In Current Bill -Source 2021 Read More »

First Lady Dr. Jill Biden Delivers Remarks As National Action Plan To Combat Adult Literacy Announced

WASHINGTON, Oct. 20, 2021 /PRNewswire/ — The Barbara Bush Foundation for Family Literacy today held its biennial National Summit on Adult Literacy at the REACH at the John F. Kennedy Center for the Performing Arts. The Summit convened adult literacy experts, education researchers, edtech innovators, philanthropic leaders and industry partners for collaborative work to solve …

First Lady Dr. Jill Biden Delivers Remarks As National Action Plan To Combat Adult Literacy Announced Read More »

Updates NEWS: IBM Revenue Misses On Weakness In Legacy Infrastructure Unit

The lower-margin, legacy unit provides technical support to IBM’s clients and has shrunk in recent years as companies move to the cloud, becoming a drag on Big Blue’s earnings. Revenue at the global technology services unit, which houses the business set to be called Kyndryl after the spinoff, fell 4.8% to $6.15 billion in the …

Updates NEWS: IBM Revenue Misses On Weakness In Legacy Infrastructure Unit Read More »

U.S. Stocks Mixed At Close Of Trade; Dow Jones Industrial Average Up 0.43% Updates 2021

At the close in NYSE, the Dow Jones Industrial Average rose 0.43% to hit a new 1-month high, while the S&P 500 index gained 0.37%, and the NASDAQ Composite index lost 0.05%. The best performers of the session on the Dow Jones Industrial Average were UnitedHealth Group Incorporated (NYSE:UNH), which rose 2.52% or 10.71 points …

U.S. Stocks Mixed At Close Of Trade; Dow Jones Industrial Average Up 0.43% Updates 2021 Read More »

Updates NEWS: Stronghold Digital Mining Soars 68% In Trading Debut Alongside Bitcoin’s Rise To All-Time High

Stronghold Digital Mining soared as much as 68% in its IPO debut on Wednesday as bitcoin also surged to a record all-time high of about $67,000. The bitcoin miner was founded in 2021 following a reorganization, is vertically integrated, and currently operates around 2,000 mining rigs powered by alternative energy. The company said in its …

Updates NEWS: Stronghold Digital Mining Soars 68% In Trading Debut Alongside Bitcoin’s Rise To All-Time High Read More »

Updates: Canadian Home Price Growth Slows To Near Standstill In September 2021

The Teranet-National Bank Composite House Price Index, which tracks repeat sales of single-family homes in 11 major Canadian markets, rose 0.1% in September from August, marking the fourth consecutive month in which the monthly price increase was lower than the previous month. “The slowdown in price growth can be linked to the slowdown in housing …

Updates: Canadian Home Price Growth Slows To Near Standstill In September 2021 Read More »

Updates NEWS: Universal Electronics Ended Relationship With Agency Linked To Uyghur Workers

Reuters reported earlier this month that Universal struck a deal with authorities in Xinjiang to transport hundreds of Uyghur workers to its plant in the city of Qinzhou. Three U.S. senators said on Wednesday they had sent a letter to the company asking about the matter. “UEI made the decision last week to end its …

Updates NEWS: Universal Electronics Ended Relationship With Agency Linked To Uyghur Workers Read More »

Trump Organization, Under Indictment, Faces New Probe By New York County -NYT Updates

The district attorney in Westchester County, a suburb north of New York City, has subpoenaed records from the Trump Organization property in recent months under a criminal investigation, the report said. Also subpoenaed were records from Ossining, the town that sets property taxes on the opulent Trump National Golf Club Westchester, according to the New …

Trump Organization, Under Indictment, Faces New Probe By New York County -NYT Updates Read More »