“Trusted news handpicked by editors” may no longer be the slogan at Microsoft News (NASDAQ:MSFT) and MSN.com, one of the world’s biggest news destinations. Business Insider says the company has shed all its editorial contractors in the U.S., numbering around 50, as it moves to an AI-driven system of pickingContinue Reading

OTTAWA, May 30, 2020 /CNW/ – The Canadian Association of Journalists (CAJ) is pleased to announce the recipients of the 2019 CAJ Awards for outstanding investigative journalism. This included presenting the McGillivray Award to Craig Silverman of BuzzFeed News, for his multi-part look at how one company successfully used Facebook, andContinue Reading

Enrique Marcarian/Reuters Societe Generale’s Albert Edwards says tech stocks face a downfall similar to the dot-com bust he forewarned about in the late 1990s.  While acknowledging their market leadership so far during this pandemic, he warns that their prices are rising at an unsustainable pace relative to profit growth.  HeContinue Reading

SHANGHAI, May 31, 2020 /PRNewswire/ — Shanghai Electric, the world’s leading manufacturer and supplier of power generation and industrial equipment, announced upgrades to the company’s digital solution platform SEunicloud in a hope to accelerate the evolution of work and retool the industry. Developed by Shanghai Electric Digital Technology Co., LtdContinue Reading

Screenshot via Bloomberg TV David Rosenberg — the famed economist and founder of Rosenberg Research — thinks the stock market is at a crucial juncture that’s preceded sizeable drawdowns throughout history.  In addition to the historical precedent that backs his view, Rosenberg highlights the following reasons for his bearish outlook:Continue Reading

Bill Pugliano / Getty Warren Buffett called on American Express CEO Stephen Squeri to safeguard the company’s brand and customer relationships during the coronavirus pandemic. “The one thing he has and will continue to always point out to us is that the brand is special,” Squeri said about the billionaireContinue Reading

Thierry Monasse via Getty The European Union on Wednesday proposed a 750 billion euro recovery package as the economic bloc attempts to crawl out of its worst economic crisis in decades. Representing a major step towards a revival of the 27-member union, the EU fund is expected to be financedContinue Reading

SpaceX via Twitter SpaceX and NASA are gearing up for a historic mission: On Saturday, they plan to launch humans in a commercial spacecraft for the first time ever and restore the US’s ability to send its own astronauts into space. If clouds don’t delay the launch again (as theyContinue Reading

ELKHART, Ind., May 29, 2020 /PRNewswire/ — Thor Industries (NYSE: THO) today provided a number of operational updates in conjunction with the official start of the North America summer camping and RV travel season. As the RV industry leader, with production facilities in Indiana, Ohio, Michigan, Idaho, Oregon, Germany, Italy, theContinue Reading

NEW YORK, May 29, 2020 /PRNewswire/ — Immunic, Inc. (Nasdaq: IMUX), a clinical-stage biopharmaceutical company focused on developing best-in-class, oral therapies for the treatment of chronic inflammatory and autoimmune diseases, today announced management’s participation in the following investor and industry conferences in June: June 2-4: Jefferies Virtual Healthcare Conference. Daniel Vitt, Ph.D., ChiefContinue Reading

Essent Group Ltd. (NYSE: ESNT) (the “Company”) announced today the pricing of its previously announced public offering of 12,000,000 common shares (the “Offering”) at $33.25 per share. In connection with the Offering, the underwriters have a 30-day option to purchase up to 1,800,000 additional common shares from the Company. TheContinue Reading

BEIJING, May 28, 2020 /PRNewswire/ — Hexindai Inc. (NASDAQ: HX) (“Hexindai” or the “Company”), a fast-growing consumer lending marketplace in China, today announced that it has launched Xiaobai Maimai, a membership-based social e-commerce mobile platform offering high-quality and affordable branded products. Xiaobai Maimai leverages the Company’s integrated buyer resources toContinue Reading