State Rep. Jake Ellzey will serve as the next representative of Texas’ 6th Congressional District after winning an all-Republican runoff to fill the seat of late U.S. Rep. Ron Wright.Susan Wright, Ron Wright’s widow, and Ellzey, who also served as a Navy fighter pilot, received the most votes in a May 1 special election that…
CHARLOTTE, N.C., July 27, 2021 (GLOBE NEWSWIRE) — Snap One Holdings Corp. (“Snap One”), a provider of smart living products, services and software to professional integrators, today announced the pricing of its initial public offering of 13,850,000 shares of its common stock at $18.00 per share. Shares of Snap One’s common stock are expected to…
CLEVELAND, July 27, 2021 /PRNewswire/ — The $6 billion global market for double-sided tapes is poised for strong expansion through 2025, according to the Freedonia Group. Boosting growth prospects, double-sided tapes continue to gain popularity over other fastening systems due to their greater strength and ability to: reduce potential mess caused by adhesives seal along the…
Twitter’s recent acquisition spree continues today as the company announces it has acqui-hired the team from news aggregator and summary app Brief. The startup from former Google engineers launched last year to offer a subscription-based news summary app that aimed to tackle many of the problems with today’s news cycle, including information overload, burnout, media…
© Reuters. By Geoffrey Smith Investing.com — Panic selling hits Chinese stock and bond markets as foreign investors are rumored to head for the exits. Tesla (NASDAQ:TSLA) reports record sales and profits, while Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT) and Alphabet (NASDAQ:GOOGL) all report after the bell. The Federal Reserve starts a two-day meeting and coffee futures…
© Bloomberg. Shoppers hold bags in San Francisco. Photographer: David Paul Morris/Bloomberg (Bloomberg) — U.S. consumer confidence improved for a sixth straight month in July to a fresh pandemic high as Americans grew more optimistic about current business and labor market conditions. The Conference Board’s index rose to 129.1 from a revised 128.9 reading in…
Tesla’s primary source of revenue comes from the sale of its electric vehicles, but its latest quarterly earnings report showed growth in its energy storage and solar business. The demand picture will get even sunnier for the division if the company can access enough chips for its energy storage products, according to Tesla CEO Elon…
KUALA LUMPUR, Malaysia, July 27, 2021 /PRNewswire/ — BOXTradEx and BOCT has reached a strategic partnership to cooperate in cross-currency settlement via token and/or digital asset. This partnership has the potential to create great value-added benefits to BOXTradEx users, especially with the option for fiat-to-cryptocurrency transaction settlement subject to rates. Furthermore, BOXTradEx has established a…
Tesla is pushing the launch of its electric Semi truck program to 2022 due to supply chain challenges and the limited availability of battery cells, the company said in its second-quarter earnings report Monday. Tesla CEO Elon Musk has warned about battery supply constraints before and the effect it might have on the Tesla Semi,…
Freight forwarders often keep track of rates on spreadsheets they email to customers, but the pandemic has made that difficult because prices are constantly fluctuating. Freightify, a startup that refers to itself as the “Shopify for maritime freight,” provides white-label rate management and e-booking tools that freight forwarders can use to set up online stores,…
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