Daily News

HIAWATHA, Iowa–(BUSINESS WIRE)–Crystal Group, Inc., local computing hardware manufacturer, announced today the donation of over 9,100 canned food items to local organization, Hawkeye Area Community Action Program, Inc. Every summer, HACAP promotes a Freedom from Hunger campaign that is directed at supporting the increased population facing food insecurity over the summer due to the lack of meal resources for children when they aren’t attending school. With an estimated 30,000 individuals in need per month, there is an ever-increasing demand from […]

OLDWICK, N.J.–(BUSINESS WIRE)–#insurance—AM Best-rated captive insurance companies posted a strong year in 2022, doubling pretax operating income over the previous year and recording the largest premium increase in a decade. A new Best’s Market Segment Report, “Feasibility and Utility Sustain Captives’ Excellent Profitability,” also notes that AM Best’s captive insurance composite continues to outperform the commercial casualty composite by significant margins, as evidenced by the captive composite’s five-year average combined ratio of 83.9, compared with the casualty composite’s 98.0. This […]

DENVER–(BUSINESS WIRE)–The Wireless History Foundation (WHF) is thrilled to welcome two new members to its Board of Directors, Ari Fitzgerald and Bryan Darr. With their impressive backgrounds and expertise, they will join the current board members Arlene Harris, Liz Maxfield, Rob Mechaley, and Larry Movshin, expanding the Board to six members. Bryan Darr, a former WHF Board of Influencers member, has played a crucial role in driving and expanding WHF initiatives. Currently serving as the Vice-President of Government Affairs at […]

MONTRÉAL–(BUSINESS WIRE)–Desjardins Group Pension Plan and DGAM Global Private Infrastructure Fund II L.P. (together “Desjardins”) have closed on the acquisition of 37.5% of EDF Renewables Canada Inc.’s stake in the Cypress 1 & 2 Wind Projects. The Projects, located southeast of Medicine Hat, Alberta in Cypress County, comprise a total 247-megawatt (MW) capacity. Desjardins now owns 37.5% of the Project, EDF Renewables Canada holds 37.5%, and the Blood Tribe, a First Nation located at Stand Off, Alberta, owns the remaining […]

Veyl Ventures acquires assets of Arizona facility to expand manufacturing capabilities NEW YORK–(BUSINESS WIRE)–Veyl Ventures, a leading health and wellness portfolio of brands, announced today that it has acquired certain assets of Fine Living Pharmanaturals (FLP), effective June 30, 2023. As a result, the existing manufacturing facility will now be operating under a new entity called Veyl Wellness Works LLC (dba Nutritio Labs), a wholly owned subsidiary of Veyl Ventures. Nutritio Labs will be providing manufacturing services to its own […]

Sees Value in Brand, Technology and Assets of VanMoof VanMoof Fits MCOM Strategy to Consolidate Micro-mobility Industry Has Submitted Non-Binding Indicative Offer NEW YORK–(BUSINESS WIRE)–micromobility.com Inc. (“micromobility” or the “Company”), a global pioneer in sustainable transportation and micromobility services, is pleased to announce that it has submitted a non-binding bid to acquire VanMoof Amsterdam, an innovative e-bike startup known for its successful subscription business model. Micromobility’s initial non-binding bid, demonstrating the company’s strong commitment to its expansion in the micromobility […]

CHICAGO–(BUSINESS WIRE)–#augmentedreality–Augmedics, a pioneer in augmented reality (AR) surgical navigation, today announced it has been named the successful bidder for the digital health assets of Surgalign and Holo Surgical following a competitive auction process. The news comes a month following Augmedics’ $82.5 million raise to accelerate the adoption of augmented reality spine surgery and further strengthens the company’s AR and AI portfolio with intellectual property and other digital health assets. “We are pleased to further expand our strong technical and […]

– This decision will have a positive impact on the country’s economy⁠ BRAZIL – The new rules of the Minha Casa, Minha Vida (My Home, My Life) programme, which reduce interest rates and increase subsidies for property purchases, will contribute to the goal of building two million housing units by 2026, according to Urban Affairs Minister Jader Filho. The programme changes were authorised on 13 July by president Luiz Inacio Lula da Silva. According to the minister, the resumption of […]

-North Africa should make green growth an urgent regional priority, according to the African Development Bank ABIDJAN, Côte d’Ivoire – North African countries are projected to see a slight increase in economic growth to 4.6 percent in 2023 and 4.4 percent in 2024, and should make green growth an urgent priority, according to the African Development Bank. The pan-African institution published its 2023 North Africa Economic Outlook, under the theme “Mobilizing Private-Sector Financing for Climate and Green Growth in Africa.” According […]