10:31 AM EDT, 04/01/2025 (MT Newswires) -- Ellington Credit ( EARN ) said Tuesday it has completed its conversion to a Delaware-based closed-end fund under the Investment Company Act of 1940. As part of this change, the fund will sell its remaining agency mortgage-backed securities pools, buy more corporate collateralized loan obligations, and operate as a regulated investment firm for...

April 1 (Reuters) - China's Alibaba Group ( BABA ) is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as this month, Bloomberg News reported on Tuesday, citing a person familiar with the matter. (Reporting by Deborah Sophia in Bengaluru) ...

10:30 AM EDT, 04/01/2025 (MT Newswires) -- Linkbancorp ( LNKB ) said Tuesday its Linkbank unit has completed the sale of its banking operations and three branches in New Jersey to Philadelphia-based American Heritage Federal Credit Union. The branches had roughly $87 million of deposits and $105 million in loans, the company said, adding that the transaction resulted in an...

10:33 AM EDT, 04/01/2025 (MT Newswires) -- Qualcomm ( QCOM ) confirmed Tuesday in an information note to the London Stock Exchange it is considering making a possible offer for acquisition of UK-based Alphawave IP Group. There's no assurance that any firm offer will be made, Qualcomm ( QCOM ) said, nor of the terms on which any offer might...