Tag: Morgan

Australian pension funds not doing enough on decarbonisation, says activist investor group

Australia’s five largest pension funds were not doing enough to push fossil fuel companies toward decarbonisation, activist investor group Market Forces said on Wednesday, arguing their environmental commitments could amount to greenwashing. The term ‘greenwashing’ describes exaggerated and misleading claims that suggest an entity are stewards of the environment without real action. Market Forces said… Continue reading Australian pension funds not doing enough on decarbonisation, says activist investor group

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March 14 (Reuters) – Facebook-parent Meta Platforms (META.O) said on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, the first Big Tech company to announce a second round of mass layoffs. “We expect to reduce our team size by around 10,000 people and to close around 5,000 additional… Continue reading Untitled

TRIUMPH GROUP, INC. ANNOUNCES PRELIMINARY RESULTS OF TENDER OFFER FOR ANY AND ALL OF ITS 6.250% SENIOR SECURED NOTES DUE 2024

BERWYN, Pa., March 13, 2023 /PRNewswire/ — Triumph Group, Inc. (NYSE: TGI) (“Triumph” or the “Company”) today announced the results, as of 5:00 p.m., New York City time, on March 10, 2023 (the “Early Tender Deadline”), of its previously announced cash tender offer to purchase any and all of its outstanding 6.250% Senior Secured Notes due… Continue reading TRIUMPH GROUP, INC. ANNOUNCES PRELIMINARY RESULTS OF TENDER OFFER FOR ANY AND ALL OF ITS 6.250% SENIOR SECURED NOTES DUE 2024

APEXX Global Raises $25M in Series B Funding

APEXX Global, a London, UK-based provider of a payments orchestration platform, raised $25M in Series B funding. The round was led by MMC Ventures, Alliance Ventures and Forward Partners. MMC Ventures’ Chairman and Co-Founder Alan Morgan will also take a seat on APEXX’s board. The company intends to use the funds to develop its products and technology and… Continue reading APEXX Global Raises $25M in Series B Funding

JPMorgan, PNC among suitors for SVB Financial in deal excluding SVB Bank

JPMorgan Chase & Co and PNC Financial Service Group Inc are among those in talks about acquiring SVB Financial Group in a deal that would exclude its commercial banking unit Silicon Valley Bank that is currently under U.S. control, Axios reported on Monday citing sources. Apollo Management and Morgan Stanley are also part of the… Continue reading JPMorgan, PNC among suitors for SVB Financial in deal excluding SVB Bank

Clean Technica: Ford F-150 Lightning Production To Resume, Morgan Stanley Pooh-Poohs Tesla Cybertruck 002648

In February, a Ford F-150 Lightning parked in a holding lot on company property caught fire. Ford immediately halted production at the Rouge Electric Vehicle Center where the F-150 Lighting is assembled and issued a stop shipment order until the cause of the battery fire was identified. The Detroit Bureau said at the time that… Continue reading Clean Technica: Ford F-150 Lightning Production To Resume, Morgan Stanley Pooh-Poohs Tesla Cybertruck 002648

Clean Technica: Tesla Recruits Asian Partners To Help Ramp 4680 Battery Cell Production002646

Tesla has a vision it believes will lead it to the promised land of electric vehicle success. It’s called the 4680 battery cell — so named because it is 46 millimeters in diameter and 80 millimeters tall. According to what Elon Musk told the world at Battery Day in 2020, the 4680 battery will unlock… Continue reading Clean Technica: Tesla Recruits Asian Partners To Help Ramp 4680 Battery Cell Production002646

SMX’ Tech Application for Gold Receives Accreditation from LBMA

NEW YORK, March 10, 2023 /PRNewswire/ — trueGold Consortium, a joint venture of SMX (Security Matters) Public Limited Company (NASDAQ: SMX) (NASDAQ: SMXWW), has received Accreditation from The London Bullion Market Association (LBMA) for the SMX ethical gold supply chain assurance platform that enables transparency along the gold value chain from mine to refinery, terminal… Continue reading SMX’ Tech Application for Gold Receives Accreditation from LBMA

Report shows pollutants exceed odor thresholds at Detroit Jeep plant

Air sampling by the state of Michigan at the new Jeep plant in Detroit found a few pollutants that exceeded their odor thresholds and could be contributing to foul smells emanating from the plant. Neighbors around the Mack Assembly Plant on the city’s east side have reported watering eyes, coughing and other symptoms from odors… Continue reading Report shows pollutants exceed odor thresholds at Detroit Jeep plant