Day: October 11, 2022
Reliance Steel & Aluminum Co. RS, +2.59% on Tuesday names Karla R. Lewis as CEO after James D. Hoffman steps down on Dec. 31. Hoffman will remain on the company’s board will serve as senior adviser to the CEO until December, 2023 when he will retire. Lewis has worked for Reliance since 1992, including finance […]
Japan welcomed a flood of tourists on Tuesday as pandemic-related travel restrictions in place for more than two years were lifted, the AP reported. The good news in Japan comes as the seven-day average for new COVID cases fell to 38,855 on Monday, down 26% from two weeks ago and the first count below the […]
Shares of SeaSpine Holdings Corp. SPNE, +1.09% soared 21.1% in premarket trading Tuesday, after the medical technology company focused on spinal disorder treatments announced a merger agreement with Orthofix Medical Inc. OFIX, +0.33% that values SeaSpine at about $284.9 million. Under terms of the deal, SeaSpine shareholders will receive 0.4163 Orthofix shares for each SeaSpine […]
General Motors Co. GM, -3.96% introduced Tuesday a new business unit called GM Energy, which will consist of Ultium Home, Ultium Commercial and Ultium Charge 360 to create an energy management ecosystem. GM Energy will offer to home, commercial and electric vehicle customers services including vehicle-to-home (V2H) and vehicle-to-grid (V2G) applications, stationary storage, solar products […]
The Blockchain Economy Dubai Summit 2022 highlighted that the crypto community is eager to engage and interact with fellow community members. Source: Cointelegraph
Subscription-based private aviation company Flexjet Inc. said Tuesday it will go public through a merger with special purpose acquisition company (SPAC) Horizon Acquisition Corp. II HZON, in a deal that values Flexjet at $3.1 billion. After the deal closes, which is expected to occur in the second quarter of 2023, Flexjet expects to be listed […]
The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it’s also working with local industry group… Source: Cointelegraph
Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein. Source: Marketwatch
Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of it… Source: Cointelegraph
Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere to strict AML/CTF rules while ensuring customer privacy. Source: Cointelegraph
