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Matter Intelligence Emerges from Stealth with $12 Million Seed Funding to Revolutionize Remote Sensing and Global Perception

Wed, 10/30/2024 - 12:59
LOS ANGELES--(BUSINESS WIRE)--Matter Intelligence, a California-based remote sensing startup, has emerged from stealth, unveiling its plans to launch space sensors capable of capturing never-before-seen data about all matter on Earth, from surface to atmosphere. Matter specializes in advancing sensor infrastructure that captures incredibly detailed, beyond-visible data of both natural and artificial materials – creating the most comprehensive “extreme resolution” Earth observation dataset ever

Aviation Capital Group Announces Inaugural Sustainability-Linked Loan

Wed, 10/30/2024 - 12:59
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced today the closing of its inaugural sustainability-linked loan. The $550 million senior unsecured term loan matures in October 2027 and was entered into with a syndicate of lenders. The term loan includes an accordion feature that allows ACG to request up to $300 million of additional lender commitments. In alignment with the Company’s ESG goals, this loan con

Mill Point Capital Forms Voltaris Power LLC Through Two Power Solutions Corporate Carve-Outs

Wed, 10/30/2024 - 12:59
NEW YORK--(BUSINESS WIRE)--Mill Point Capital LLC (“Mill Point”), a middle-market private equity firm focused on control investments in the Business Services, Industrials and IT Services sectors throughout North America, announced the formation of Voltaris Power LLC (“Voltaris”), an electrical power solutions platform created by acquiring two distinct entities - Pioneer Custom Electrical Products (“PCEP”) and Jefferson Electric (“Jefferson”). Including the two carve-outs that form Voltaris, Mil

Sikich Manufacturing Industry Pulse Survey Shows Executives’ Optimism Lowest Since 2022

Wed, 10/30/2024 - 12:59
CHICAGO--(BUSINESS WIRE)-- #Pulsesurvey--Sikich, a Chicago-based leading global technology-enabled professional services company, conducts the Sikich Industry Pulse which surveys manufacturing and distribution executives from across sectors and the nation multiple times throughout the year, highlighting and responding to top trends as they arise. The results from the September 2024 survey show a significant decrease in industry optimism and the importance of maintaining an effective data strategy within your

Affordable Care Selects Weave to Drive Growth, Efficiency, and Enhanced Patient Experience

Wed, 10/30/2024 - 12:59
LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one customer experience and payments software platform for small and medium-sized healthcare businesses, has been selected as the platform of record for patient communications, engagement, and payments for its supported dental practices by Affordable Care, America’s largest dental support organization for tooth replacement solutions. The collaboration aims to help Affordable Care streamline operations, enhance the patient experie

Essential Declares December 2024 Dividend

Wed, 10/30/2024 - 12:59
BRYN MAWR, Pa.--(BUSINESS WIRE)--The board of directors of Essential Utilities Inc. (NYSE: WTRG) today declared a quarterly cash dividend of $0.3255 per share, payable December 2, 2024, to all shareholders of record on November 12, 2024. The December 2024 dividend payment of $0.3255 per share represents a $0.0184, or 6.0% increase over the December 2023 dividend payment of $0.3071 per share. Essential Utilities has paid consecutive quarterly cash dividends for 79 years. About Essential Essentia

Johnson Fistel, LLP Announces Investigation into Baldwin Insurance Group, Inc. Following Damaging Short Report

Wed, 10/30/2024 - 12:59
SAN DIEGO--(BUSINESS WIRE)--Prominent shareholder rights law firm, Johnson Fistel, LLP, has initiated an investigation into potential securities law violations by The Baldwin Insurance Group, Inc. (NASDAQ: BWIN) (“Baldwin”), and its executive officers. This action comes in the wake of a critical analysis by Blue Orca Capital, which publicized concerns about Baldwin’s financial reporting integrity. The Blue Orca report, released earlier today, alleges that Baldwin has engaged in "questionable fi

Merchants & Marine Bancorp, Inc. Announces Third Quarter Financial Results

Wed, 10/30/2024 - 12:59
PASCAGOULA, Miss.--(BUSINESS WIRE)--Merchants & Marine Bancorp Announces Quarterly Earnings

Mouser Electronics Reveals Winner of Circuit Showdown Competition Featuring Engineering Students

Wed, 10/30/2024 - 12:59
DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Mouser Electronics, Inc., the New Product Introduction (NPI) leader™ empowering innovation, announced the final episode and winner of the Circuit Showdown Design Contest, a unique design competition show produced by eeDesignIt. The contest pitted three electrical and mechanical university engineering students against each other, head-to-head, in a design standoff. Over four episodes, the students were challenged to complete themed design project buil

Alliant Insurance Services Relocates Office in Downtown Portland, Oregon; Stays Committed to City Revitalization

Wed, 10/30/2024 - 12:59
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Alliant Insurance Services has signed a three-year lease for its new office space in the heart of Downtown Portland, Oregon.

Udemy’s Inaugural Learning Excellence Awards Honor Six Organizations Excelling in Skills-Best Practices

Wed, 10/30/2024 - 12:59
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, announced the winners of its first global Udemy Learning Excellence Awards. This awards program honors organizations that are effectively empowering employees through personalized learning at scale to advance talent, reduce hiring costs, and enhance overall productivity. "We are incredibly proud to celebrate Udemy customers who have demonstrated excellence in creating innovative lear

Northern Trust Asset Management Strengthens Wealth Client Group Team

Wed, 10/30/2024 - 12:59
CHICAGO--(BUSINESS WIRE)--Northern Trust Asset Management (NTAM), a leading global investment management firm with $1.3 trillion in assets under management as of September 30, 2024, announced today that Robert Eaton has joined Northern Trust Asset Management as a Senior Relationship Manager within NTAM’s Wealth Client Group. “Robert’s broad experience and industry networks are unique and we look forward to enriching our client relationships by leveraging his passion and expertise as we serve en

Gibson Dunn Grows its Powerhouse Litigation Practice with Acclaimed Trial Lawyer Barry Berke & Elite Team

Wed, 10/30/2024 - 12:59
NEW YORK--(BUSINESS WIRE)--Gibson Dunn grows Litigation Practice with acclaimed trial lawyer Barry Berke, Dani James, Michael Martinez, Darren LaVerne, and Jordan Estes.

ISG to Evaluate Salesforce Ecosystem Partners Worldwide

Wed, 10/30/2024 - 12:59
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #GenAI--ISG has launched a research study examining service providers supporting the Salesforce CRM platform, including emerging new uses of GenAI.

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Pharmacists Mutual Insurance Group’s Members

Wed, 10/30/2024 - 12:59
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Pharmacists Mutual Insurance Company (PMIC) and its wholly owned reinsured subsidiary, Chiron Insurance Company (Chiron). Concurrently, AM Best has removed from under review with negative implications and affirmed the Long-Term Issue Credit Rating of “bbb” (Good) on the $25 mil

SBL Holdings, Inc. Completes Issuance of $650 Million of Senior Debt

Wed, 10/30/2024 - 12:59
TOPEKA, Kan.--(BUSINESS WIRE)--SBL Holdings, Inc. (“Security Benefit”), today announced the completion of an offering of $650 million of 7.2% senior notes due 2034. Security Benefit is the parent company of Topeka-based Security Benefit Life Insurance Company. Security Benefit intends to use net proceeds of the issuance to repay borrowings under its corporate revolving credit facility. The remaining net proceeds will be available for general corporate purposes. The notes have been assigned a ra

Davis Wright Tremaine Continues Expansion of Bank Regulatory Capabilities with Addition of Max Bonici in D.C.

Wed, 10/30/2024 - 12:59
WASHINGTON--(BUSINESS WIRE)--Max Bonici joins Davis Wright Tremaine as a partner in Washington, D.C.

IDC Unveils 2025 FutureScapes: Worldwide IT Industry Predictions

Wed, 10/30/2024 - 12:59
NEEDHAM, Mass.--(BUSINESS WIRE)-- #IDCFUTURESCAPE--Today, International Data Corporation (IDC) released its highly anticipated worldwide information technology (IT) industry predictions for 2025 and beyond. The IDC FutureScape report outlines IDC’s top 10 predictions shaping the future of the IT industry and highlights how organizations across all industries will strategically pivot towards AI (artificial intelligence) to build resilient, AI-driven enterprises. This year’s predictions underscore the urgent need

CardFree Provides Only Integrated Wallet Solution for NFC Space

Wed, 10/30/2024 - 12:59
SAN FRANCISCO--(BUSINESS WIRE)--Given the recent news about major mobile Operating Systems allowing 3rd party access to the NFC Wallet and the Secure Element, CardFree, the all-in-one platform empowering merchant wallets, is pleased to provide partners with a purpose-built platform delivering customized order, pay, and loyalty solutions to deploy through a single API integration. The team that helped launch the gold standard in merchant wallets 17 years ago formed CardFree to bundle the same se

TD Bank Ranks No. 1 in SBA Lending for 8th Straight Year

Wed, 10/30/2024 - 12:59
CHERRY HILL, N.J.--(BUSINESS WIRE)--TD, America’s Most Convenient Bank®, announced today that it ranked No. 1 for the eighth consecutive year in total number of approved U.S. Small Business Administration (SBA) loans in its Maine-to-Florida footprint for the SBA's 2024 fiscal year. TD was also awarded No. 1 rankings in eight states for 7(a) loan units – Eastern Pennsylvania, Florida, Maine, New Hampshire, New Jersey, New York, South Carolina and Washington, D.C. – and is ranked the #2 SBA lende

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