Recent Articles from Business Wire

Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of BigBear.ai Holdings, Inc. (NYSE: BBAI) resulting from allegations that BigBear.ai may have issued materially misleading business information to the investing public.

Impact Capital Group, Inc., is pleased to announce the appointment of Matt Davis as Managing Director. Matt brings a wealth of experience in real estate development, investment, and strategic leadership, further strengthening Impact’s commitment to delivering expert investment banking services, now encompassing real estate-centric transactions, as well as M&A advisory.

Global rigid container and life sciences packaging distributor, Novvia Group (“Novvia”), has acquired MegaChem, Inc. (“MegaChem”), a North Carolina based supplier of pails, drums, plastic and glass containers, and other rigid packaging products. Financial terms of the private transaction were not disclosed. Novvia is backed by Kelso & Company (“Kelso”).

Neuropathic pain affects up to 10 percent of the global population and can be challenging to manage effectively with existing medications. As a possible alternative treatment option, scientists at Northwell Health’s Feinstein Institutes for Medical Research have discovered that ultrasound precisely targeted at the spinal cord can reduce neuropathic pain and neuroinflammation in preclinical models.

The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9 a.m. ET on Thursday, May 1, 2025, to discuss first-quarter 2025 financial results.

The ¡Tú Cuentas! Cine Youth Fest, established with the mission of elevating Latino storytelling and providing opportunities for young Latino filmmakers, is excited to announce that submissions for the 2025 film festival will open on April 1.

AM Best will exhibit at the 47th annual British Insurance Brokers’ Association (BIBA) conference, which will take place 14-15 May 2025, in Manchester, United Kingdom.

Citizens for Judicial Fairness (CJF) today presented a $10,000 check to the Police Athletic League of Wilmington’s D.I.V.A.S. program, an initiative dedicated to empowering young girls through entrepreneurship, leadership development, and personal growth. The event brought together community leaders, local residents, and program participants to celebrate a shared commitment to creating opportunities for Delaware’s next generation of changemakers.

Basis Investment Group, LLC, (Basis), a national commercial real estate debt and equity investment platform founded by CEO Tammy K. Jones, has announced a new origination partnership with The Harbor Bank of Maryland (HBM), a minority depository institution (“MDI”) founded in 1982 in Baltimore, MD.

Billington CyberSecurity today announced the formation of an advisory board comprised of nine cyber leaders to help guide and bolster the firm’s growing educational cybersecurity programming that is focused on protecting the nation from cyber threats.

Genmab A/S (Nasdaq: GMAB) announced today that the European Commission (EC) has granted marketing authorization for TIVDAK® (tisotumab vedotin), an antibody-drug conjugate (ADC), as monotherapy treatment for adult patients with recurrent or metastatic cervical cancer with disease progression on or after systemic therapy. TIVDAK is the first and only ADC to be granted European Union (EU) marketing authorization for people living with recurrent or metastatic cervical cancer.

SPIE Nederland and MayMaan have partnered to tackle network congestion challenges in Europe and drive the energy transition forward. By combining MayMaan’s innovative water-based fuel technology with SPIE’s expertise in energy infrastructure, the collaboration aims to transform how off-grid power is generated, distributed, and consumed, creating a more sustainable future.

The Insurance Information Institute (Triple-I) has published its 2024 Annual Report, Now More Than Ever, highlighting the organization’s accomplishments in an era of uncertainty, evolving risks and rapid market shifts.

Faropoint, a leading tech-enabled real estate investment manager specializing in last-mile industrial properties, today announced its first acquisition in Los Angeles with the purchase of a multi-tenant industrial building located at 605-655 Hawaii Avenue in Torrance, California. The property was acquired for $9.975 million.

Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, has been named the 2024 Global Distributor of the Year by GCT, a leading manufacturer of innovative electronic interconnect solutions. The award was recently presented to Mouser during a meeting between both companies at the Mouser Electronics Headquarters in Mansfield, Texas.

Gen Z Culture Decoded, a newly published research study, finds that Gen Z is creating new rules of engagement – social first, always on, and hyper-connected. The research found that:

Davis Polk today announced that leading structured finance lawyer Ryan McNaughton has joined the firm as a partner in its Finance practice in New York.

AGEPHA Pharma USA, LLC, is pleased to highlight clinical data that provides new information about how low-dose colchicine, 0.5 mg reduces the risk of major adverse cardiovascular events (MACE) and supports its use in the treatment of cardiovascular disease. The study titled, “Effect of Colchicine on Progression of Known Coronary Atherosclerosis in Patients With Stable Coronary Artery Disease Compared To Placebo: The Ekstrom Trial,” was presented as a late-breaking clinical trial at the American College of Cardiology 74th Annual Scientific Session and Expo (ACC.25). These new data reinforce the use of LODOCO® (colchicine, 0.5 mg tablet), the first anti-inflammatory atheroprotective cardiovascular treatment, to reduce the risk of myocardial infarction (MI), stroke, coronary revascularization, and cardiovascular death in adult patients with established atherosclerotic disease or with multiple risk factors for cardiovascular disease.

Kait Parker, vice president of operations at RXO (NYSE: RXO), was named to Women in Trucking’s 2025 Top Women to Watch in Transportation list.

After, a come-as-you-are neighborhood bar known for delivering unmatched hospitality, today unveils a long-term partnership with London’s Mr Lyan Studio, a collaboration between the award-winning creative team of “World’s Best Bartender” Ryan Chetiyawardana and Two-Michelin-Starred Chef Curtis Duffy. The After x Mr Lyan Studio Collaboration is inspired by seasonal ingredients and innovative culinary techniques, featuring a rotating beverage menu curated by Mr Lyan himself.

Esker, the global authority in AI-powered business solutions for the Office of the CFO, today announced that it has been named a Leader in the IDC MarketScape: European Compliant e-Invoicing 2024 Vendor Assessment (doc #EUR151806424, September 2024). Esker believes this recognition highlights its strong position in the European market and beyond, as compliant e-invoicing is essential in today’s evolving regulatory landscape.

Traefik Labs today announced its Kubernetes-native API Management product suite is now available on the Oracle Cloud Marketplace. This provides enterprises with a cloud-native, Kubernetes-native, and also OCI-integrated solution to help manage APIs across hybrid and multi-cloud environments while maintaining enterprise-level security and performance. Traefik's deploy-anywhere flexibility combined with Oracle Cloud Infrastructure’s (OCI) best-in-class security, price performance, and flexibility delivers a borderless API management approach unique among hyperscalers.

Ferguson Wellman Capital Management, an employee-owned investment firm, is celebrating 50 years in 2025. To recognize this milestone anniversary, Ferguson Wellman is launching a new initiative to promote more financial education and literacy. A recent World Economic Forum study revealed that financial literacy in U.S. adults has hovered around 50% for the last eight years, with a 2% drop in the past two years. Financial literacy in women consistently lags behind their male counterparts, and generationally, Gen Z fares the worst, answering only 38% of P-Fin index questions correctly. The index gauges understanding of financial issues that enable sound financial decision making.

Contentful, a leading content platform trusted by more than 4,200 customers, today launched a host of new features and partnerships that – together with Contenful’s market-leading content management system (CMS) capabilities – deliver a modern, flexible solution for creating digital experiences at scale. Anchored in core content operations, enhanced by AI, and featuring data-driven, AI-enabled personalization at the core of the digital experience platform (DXP), Contentful’s composable platform seamlessly integrates with best-in-class third-party tools and enables customers to centralize, personalize, deliver, and optimize digital experiences faster, easier, and more efficiently than ever before.

World Backup Day 2025 serves as a critical reminder of the urgency of robust data protection strategies. With ransomware attacks escalating, natural disasters increasing in frequency, and system failures causing significant financial losses, businesses and individuals must prioritize reliable backup and disaster recovery plans. Actiphy, a global leader in backup and disaster recovery solutions, is committed to providing secure, innovative, and easy-to-manage backup solutions that safeguard mission-critical data.

Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its Class A Common Stock and $0.15 (fifteen cents) per share on all its Class B Common Stock. This is an annual rate of $0.66 and $0.60 per share, respectively. Dividends on both the Class A and Class B Common Stock are payable April 17, 2025, to all shareholders of record on April 10, 2025.

CEA Group (CEA) is pleased to continue its collaboration and representation of this revolutionary technology for the communications industry.

PPG (NYSE:PPG) today announced that it was recognized on Fortune magazine’s “America’s Most Innovative Companies” list. PPG ranked No. 194 overall and No. 49 in the product category. Product innovation includes the evaluation of a company’s products and services, covering attractiveness, design to usability and uniqueness. The total score was derived from an analysis of the company’s intellectual property portfolio and the opinion of experts, customers and potential customers.

Fluor Corporation (NYSE: FLR) announced today that Tracey Cook has been named Chief Human Resources Officer (CHRO), effective April 7, 2025, succeeding Stacy Dillow, who is leaving Fluor to pursue a new opportunity.

Osaka Metro Co., Ltd. ("Osaka Metro") today announced the completion of the "OSAKAKO Vertiport", a new eVTOL take off and landing facility intended to serve the venue of the Expo 2025 Osaka, Kansai ("the Expo"). SkyDrive, an Aichi-based company preparing to provide commercial eVTOL (*1) services, will use the new vertiport for demonstration flights, which will take place as part of the Expo program. To mark the occasion, a completion ceremony was held in collaboration with Osaka City.

Please replace the release dated Jan. 22, 2025 with the following corrected version due to multiple revisions.

The "Maritime Transport and Marine Manufacturing in South Africa 2025" report has been added to ResearchAndMarkets.com's offering.

The Board of Directors (the Board) of Columbia Seligman Premium Technology Growth Fund, Inc. (the Fund) (NYSE: STK) today announced that the Fund’s 15th Annual Meeting of Stockholders will be held on June 24, 2025 (the Meeting) in Minneapolis, MN. The close of business on April 29, 2025 has been fixed by the Fund’s Board as the record date for the determination of Stockholders entitled to notice of, and to vote at, the Meeting or any postponement or adjournment thereof.

The "Kenya Existing & Upcoming Data Center Portfolio" database has been added to ResearchAndMarkets.com's offering.

The Board of Directors (the Board) of Tri-Continental Corporation (the Corporation) (NYSE: TY) today announced that the Corporation’s 95th Annual Meeting of Stockholders will be held on June 24, 2025 (the Meeting) in Minneapolis, MN. The close of business on April 29, 2025 has been fixed by the Corporation’s Board as the record date for the determination of Stockholders entitled to notice of, and to vote at, the Meeting or any postponement or adjournment thereof.

The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against ModivCare Inc. (“ModivCare” or “the Company”) (NASDAQ: MODV) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Winston & Strawn announced today the addition of Stanislav (“Stan”) Kalminsky as a partner in the firm’s Los Angeles office. He joins the Transactions Department where he will focus his practice on private equity, mergers and acquisitions, and general corporate and securities matters.

Lynch Regenerative Medicine, LLC., (LRM) announced today that it has acquired exclusive rights to REGRANEX® gel and recombinant purified platelet-derived growth factor (PDGF) from Smith & Nephew, Inc., for use in skin rejuvenation and regeneration as well as other soft tissue wound healing and tissue regeneration applications. PDGF is the first and only pure recombinant growth factor to have received approval from the U.S. Food and Drug Administration (FDA) for the treatment of wounds in the lower extremities of diabetic patients. The terms of the transaction were not disclosed.

In an era of rapid consolidation and short-term gains, Tribe, Clarke & Co. (Tribe Clarke) is pioneering a fresh approach to public accounting that honors tradition while embracing innovation. Tribe Clarke, a permanent owner of independent entrepreneurial CPA firms, is committed to preserving the legacies of firms built on decades of trust while creating new opportunities for growth and sustainability.

A comprehensive new study by LegalShield reveals that legal challenges and identity theft threats have become major workplace disruptors, with 56% of employees facing legal matters and 77% experiencing identity theft or cybersecurity issues in the past year. The research, conducted with over 1,000 full-time U.S. employees, highlights the growing need for integrated legal and identity protection benefits in modern workplace benefits packages.

OFC25 — Hyper Photonix, in collaboration with its group company SiPhx Inc. (Japan), has developed an 800G optical transceiver that can be directly connected to FUJIKURA multi-core fiber (MCF) with 2 duplex LC connectors. The company will showcase a live demonstration at OFC 2025, the world’s largest optical communications conference at its booth # 5107.

KBRA, a global full-service credit rating agency, announces the retirement of Roy Chun, Senior Managing Director, who has served as a key leader at the firm for nearly a decade. Roy has overseen KBRA’s CMBS Surveillance Group and led its CMBS research initiatives, playing a pivotal role in developing a platform that has become a trusted source of insight and analysis for market participants.

Science Exchange, a leading provider of life sciences procurement and supplier management SaaS solutions, today announced the acquisition of HappiLabs, a Chicago-based software and services company specializing in scientific procurement support. This strategic acquisition strengthens Science Exchange’s ability to serve biotech and pharmaceutical companies by deepening procurement expertise and expanding access to high-quality purchasing insights.

WhiteHawk Energy, LLC (“WhiteHawk” or the “Company”) announced today an acquisition which increased its interest in its existing Marcellus Shale minerals and royalties position (“2025 Marcellus Acquisition”). This $118 million transaction doubles the Company’s present ownership interest in a portion of its Marcellus Shale royalties position (across 475,000 gross unit acres) primarily focused in Washington and Greene counties, Pennsylvania. The transaction has an effective date of January 1, 2025. The assets are 95% operated by best-in-class natural gas operators EQT (NYSE: EQT), Range Resources (NYSE: RRC), and CNX Resources (NYSE: CNX), and have continued to perform above expectations since WhiteHawk’s initial acquisition of this position in March 2022.

GoNetspeed, the northeast’s largest independent fiber provider, today announced network investments that enable it to provide Elite Dedicated Internet to over 30,0000 business locations on GoNetspeed’s fiber network. Offering business and enterprise customers Dedicated Internet Access (DIA) service, customers are connected directly to high-speed, 100% fiber internet that can scale to provide symmetrical upload and download speeds of up to 10 gigabits per second.

Cboe Canada Inc. (“Cboe Canada”) is proud to announce the public listing of Lipari Mining Ltd. (“Lipari Mining”), following a reverse takeover transaction between Lipari Diamond Mines Ltd. and Golden Share Resources Corporation. A mining company with an operating diamond mine in Brazil, a large development stage diamond project in Angola, and diamond exploration properties in Ontario, Canada, Lipari Mining is now available for trading on Cboe Canada, a Tier 1 stock exchange, under the symbol LML.

Today, the National Thoroughbred League (NTL) announced the schedule for the 2025 season, with races taking place throughout the summer in Baltimore, Philadelphia, St. Louis and Nashville. Coming off a successful second season that saw attendance and betting records set, the 2025 schedule expands to four race weekends and will boast over $2.5 million in prize purses.

Cleerly, the leader in cardiovascular AI imaging, has announced revolutionary findings from its late-breaking clinical trial presented at the American College of Cardiology's Annual Scientific Session + Expo (ACC.25) in Chicago, Illinois. The study, titled “Artificial Intelligence-based Quantitative Computed Tomography (AI-QCT) Coronary Plaque Features Predict Risk More Pronounced in Females: The International Multicentric Registry CONFIRM2,” was led by Gudrun M. Feuchtner, MD, MBA, and presented during the Clinical and Investigative Horizons I session on March 31st, 2025. This research is simultaneously published today in Circulation: Cardiovascular Imaging, a peer-reviewed journal of the American Heart Association.

Merck (NYSE: MRK), known as MSD outside of the United States and Canada, today announced the first presentation of results from the Phase 3 ZENITH trial evaluating WINREVAIR™ (sotatercept-csrk) compared to placebo in adults with pulmonary arterial hypertension (PAH, Group 1 PH) WHO* functional class (FC) III or IV at high risk of mortality who were on maximum tolerated background PAH therapy. At a median follow-up of 10.6 months (range, 0.3-26.1), WINREVAIR reduced the relative risk of major morbidity and mortality events (the composite of all-cause death, lung transplantation and PAH worsening-related hospitalization of ≥24 hours) by 76% (HR=0.24 [95% CI, 0.13-0.43]; p<0.0001 [1-sided]) compared to placebo. For patients treated with WINREVAIR, 17.4% (n=15/86) experienced one or more major morbidity and mortality events, compared with 54.7% (n=47/86) of patients in the placebo arm. The safety profile of WINREVAIR in ZENITH was generally consistent with that observed in previous studies.

LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, today announced the expansion of its global strategic partnership with Google Cloud. As a part of this collaboration, LTIMindtree will leverage offerings powered by Google Cloud technology using Agentic AI to boost business growth and redefine cloud landscape for clients worldwide. Using Gemini models, along with other innovative Google Cloud technologies, LTIMindtree will collaboratively develop industry-specific solutions to drive broad-based GenAI adoption.

Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2025 first quarter financial results on Thursday, May 8, 2025. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results.

ISN, the global leader in contractor and supplier information management services, announced an agreement with SSTenligne, Quebec’s largest online occupational health and safety training center, which enables SSTenligne to integrate training records into the ISNetworld® platform, allowing ISN Hiring Clients in Quebec enhanced visibility into contractor qualifications and improved safety processes.

Bojangles is pleased to announce the appointment of Kate Ward as its new Chief Legal Officer, effective March 31. Ward is a seasoned legal executive with more than 15 years of experience providing strategic leadership and business-focused legal guidance.

PortSwigger, a renowned application security software provider, today announced the launch of Burp AI, the inaugural AI-powered version of Burp Suite Professional. By harnessing artificial intelligence, Burp AI enhances human-led security testing, setting a new benchmark for web application and API security.

Figment, the leading provider of staking infrastructure, is announcing today its formal expansion into Latin America with the establishment of a regional office in São Paulo, Brazil. This move underscores Figment’s commitment to supporting the region’s fast-growing blockchain ecosystem and meeting the increasing demand for institutional staking solutions.

Today one of the biggest touring comedians, Tom Segura, announced the Fall 2025 dates of his global stand-up comedy tour Tom Segura: Come Together. Segura’s highly anticipated new hour of comedy has been selling out with stops across the UK, Asia and North America. His previous world tour, I’m Coming Everywhere, sold out venues across the world with over 300 shows.

Unite Us, the nation’s trusted technology partner for social care transformation, is excited to announce the appointment of Dale Sanders as its new Chief Product and Technology Officer (CPTO). With an impressive 40-year career spanning healthcare, government, and technology, Sanders brings deep expertise in data analytics and product innovation to Unite Us as the company continues to expand its social care technology solutions nationwide.

Sinclair, Inc. and its subsidiary, ONE Media Technologies, will be participating in the 2025 National Association of Broadcasters (NAB) Show next week in Las Vegas. Members of the leadership team will participate in multiple panel discussions and technical paper presentations during the April 5-9 show.

Metronet, recognized by PCMag as one of the fastest internet service providers in the country, is expanding its 100% fiber-optic network to Rockton, Ill. This privately funded multimillion-dollar investment will bring high-speed, reliable internet to residents and businesses, offering symmetrical speeds of up to five gigabits per second for homes and up to ten gigabits per second for businesses.

Hyatt Hotels Corporation (NYSE: H) and Princes Gates Hotel Limited Partnership are proud to announce Hotel X Toronto will join the Destination by Hyatt brand, marking the brand’s entrance into Canada. This milestone entrance into Hyatt’s Classics portfolio marks an exciting evolution for the hotel, further strengthening its identity as Toronto's premier urban resort. In the last 10 years, Hyatt has quintupled its brand presence in Canada, demonstrating its commitment to the region.

Chime Enterprise today announced the launch of Chime Workplace, a next-generation financial wellness suite of services available to employers and employees at no cost. Chime Workplace combines Chime’s purpose-built financial tools with workforce financial health insights in a seamless solution for employers. This launch marks a key milestone in Chime’s expansion into the enterprise segment, following its acquisition of Salt Labs last year.

The Ademi Firm is investigating Southern States (Nasdaq: SSBK) for possible breaches of fiduciary duty and other violations of law in its transaction with FB Financial.

Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of HomeStreet, Inc. (NASDAQ: HMST) and Mechanics Bank is fair to HomeStreet shareholders. The proposed transaction values HomeStreet at a pre-transaction estimated equity value of $300 million. Upon completion of the proposed transaction, HomeStreet shareholders are expected to own approximately 8.3% of the combined company.

Glia, the leader in customer interaction technology, today announced Glia Virtual Assistant (GVA) Learning 360, a first-of-its-kind AI solution that learns how a contact center’s best agents would respond to a customer request and uses the intelligence to automatically generate answers for their GVA—significantly advancing beyond industry-standard AI virtual assistants that rely solely on written documents.

The benefits of traveling with family and friends go beyond just a change of scenery, and research shows that shared experiences strengthen relationships and promote well-being for adults and children. Recognizing the value of these meaningful getaways, Camp Elsewhere, Wisconsin’s premier family-friendly glamping destination, announces an exclusive midweek discount (Monday–Thursday), making it easier for families and friends to escape the daily grind and immerse themselves in nature, creating unforgettable memories without the weekend crowds. The limited-time offer is available from May through October.

LucyRx, a next-generation pharmacy benefit manager (PBM) built on decades of leadership experience and committed to reimagining prescription care, has unveiled a bold brand identity as it surpasses significant growth milestones. Now serving more than one million members across 1,200 clients in all 50 states, LucyRx is delivering prescription care that puts patients first—proving that bold ideas and compassionate care can coexist.

The Ademi Firm is investigating HomeStreet (NASDAQ: HMST) for possible breaches of fiduciary duty and other violations of law in its transaction with Mechanics Bank.

McNally Capital (“McNally”), a private equity firm specializing in acquiring founder-, family-, and management-owned businesses in the lower middle market, is pleased to announce the addition of five experienced professionals to its team—Gus Pinto, Tim Gossett, Rob Kirk, and Ryan McDonough joining the Portfolio Operations Team, and Grace Chatas joining the Deal Team.

The "Energy Sector in Namibia 2025" report has been added to ResearchAndMarkets.com's offering.

The "Brazil Existing & Upcoming Data Center Portfolio" database has been added to ResearchAndMarkets.com's offering.

Uplynk today announced that Hearst Television has expanded its partnership with Uplynk’s cloud-based streaming platform – which is designed to accelerate Hearst Television’s content distribution and to optimize ad pod conditioning for monetization across Hearst Television’s digital syndication partners.

Millions of Americans greet spring’s arrival with itchy eyes, runny noses and sneezing fits. Rite Aid is here to help customers manage those persistent allergy symptoms with simple solutions for the whole family before peak season arrives.

The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Constellation Brands, Inc. (NYSE: STZ) securities between April 11, 2024 and January 8, 2025, both dates inclusive (the “Class Period”), have until April 21, 2025 to seek appointment as lead plaintiff of the Constellation Brands class action lawsuit. Captioned Meza v. Constellation Brands, Inc., No. 25-cv-06107 (W.D.N.Y.), the Constellation Brands class action lawsuit charges Constellation Brands and certain of Constellation Brands’ top executives with violations of the Securities Exchange Act of 1934.

IntelePeer, the leading end-to-end conversational AI platform provider, is now an authorized integration vendor in the Henry Schein One API Exchange, allowing dental practice teams to easily use IntelePeer’s SmartAgent and SmartOffice solutions. Offering highly personalized and timely patient interactions, these solutions utilize reliable, scalable AI agents that automate inbound and outbound patient calls and provide self-service options, guaranteeing efficient resolution of inquiries around the clock.

bioAffinity Technologies, Inc. (Nasdaq: BIAF; BIAFW), a biotechnology company focused on the need for noninvasive, accurate tests for the detection of early-stage lung cancer and other lung diseases, today reported financial results for the year ended December 31, 2024.