Lastest from Businesswire

Subscribe to Lastest from Businesswire feed Lastest from Businesswire
Business Wire - The global leader in news distribution
Updated: 2 hours 4 min ago

CORRECTING and REPLACING SAIF Partners: Now is Your Last Chance to Vote for Board Change at Sinovac

Wed, 07/02/2025 - 11:57
NEW YORK--(BUSINESS WIRE)--Third paragraph, second sentence of release should read: These include the current Board’s failure to actively engage with management, its lack of sound financial reasoning for its proposed dividend figures, its apparent unwillingness to hire a new independent auditor after it drove Sinovac’s prior public accounting firm to resign in April, and its poor governance practices. The updated release reads: SAIF PARTNERS: NOW IS YOUR LAST CHANCE TO VOTE FOR BOARD CHANGE AT

AM Best Upgrades Credit Ratings of National Guaranty Insurance Company of Vermont

Wed, 07/02/2025 - 11:57
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of National Guaranty Insurance Company of Vermont (NGIC) (Burlington, VT). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect NGIC’s balance sheet strength, which AM Best assesses as very strong, as well as its very strong operating performan

Faruqi & Faruqi Reminds Petco Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of August 29, 2025 - WOOF

Wed, 07/02/2025 - 11:57
NEW YORK--(BUSINESS WIRE)---- $WOOF #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Petco Health and Wellness Company, Inc. (“Petco” or the “Company”) (NASDAQ: WOOF) and reminds investors of the August 29, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California an

New Wells Fargo Study Shows Parents Give Their Kids an Average Weekly Allowance of $37

Wed, 07/02/2025 - 11:57
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo today released a new study illustrating how much allowance parents are providing their children and the difficulties parents have in teaching their children about money. The survey found that 71% of parents with children ages 5 – 17 give an average weekly allowance of $37, yet 51% of parents struggle to talk about money in a way their kids will understand. In addition, most parents (85%) believe that giving their kids an allowance helps them learn abo

United States District Court of Massachusetts Bars Activist 1Globe Capital and Jiaqiang Li From Making Further Materially Misleading Statements Regarding Sinovac

Wed, 07/02/2025 - 11:57
PALO ALTO, Calif.--(BUSINESS WIRE)--Vivo Capital (“Vivo” or “we”), a leading global investment firm focused exclusively on healthcare and life sciences and a long-term shareholder of Sinovac Biotech Ltd. (NASDAQ:SVA) (“Sinovac” or the “Company”), today announced that the United States District Court of Massachusetts (“the Court”) granted Vivo’s motion for a preliminary injunction against 1Globe Capital, LLC and its owner Jiaqiang “Chiang” Li (collectively, “1Globe”), barring 1Globe from making

Eftsure Now a Nacha Preferred Partner

Wed, 07/02/2025 - 11:57
RESTON, Va.--(BUSINESS WIRE)--Nacha announced that Eftsure, a leader in fraud prevention and payments protection, has joined its growing list of Nacha Preferred Partners. Eftsure is a Preferred Partner for Account Validation, Fraud Monitoring, and Risk and Fraud Prevention. Eftsure is a payments fraud prevention platform designed to protect businesses from payment fraud, errors, and cyber threats by verifying the legitimacy of suppliers and their banking details. Eftsure cross-references paymen

Centene Corporation Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – CNC

Wed, 07/02/2025 - 11:57
LOS ANGELES--(BUSINESS WIRE)---- $CNC--Centene Corporation Investigated for Securities Fraud Violations - Contact the DJS Law Group to Discuss Your Rights – CNC

Gravity Unveils New Brand Identity as It Prepares to Launch the Next Generation of Financial Disclosure Reporting

Wed, 07/02/2025 - 11:57
MIAMI--(BUSINESS WIRE)--Gravity, the fastest-growing disclosure automation company in North America, today unveiled a bold new brand identity that reflects the company’s momentum and vision for the future of government finance. As governments face increasing pressure to modernize outdated financial systems, the demand for efficient, compliant, and transparent reporting has never been higher. The rebrand includes a refreshed look, a new domain, www.onegravity.com, and signals the company’s expan

Lendbuzz Completes $266 Million Asset-Backed Securitization

Wed, 07/02/2025 - 11:57
BOSTON--(BUSINESS WIRE)--Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $266 million securitization (“LBZZ 2025-2”) collateralized by a pool of auto loans made to obligors and secured by new and used automobiles, light duty trucks, and vans. LBZZ 2025-2 issued five classes of notes: Class A-1, Class A-2, Class B, Class C, Class D. The LBZZ 2025-2 notes have been rated by S&P Global Rat

Lynk Files Counterclaims Against SLAM

Wed, 07/02/2025 - 11:57
FALLS CHURCH, Va.--(BUSINESS WIRE)--Lynk Global announced today that it has filed counterclaims against SLAM Corp. in the Delaware Court of Chancery. The filing remains under seal but is expected to become publicly available on July 7, 2025. Lynk also acknowledges SLAM’s recent Form 8-K filing, which relates to its June 25, 2025 shareholder meeting. According to the filing, the holders of 1,885,947 public shares properly exercised their right to redeem their shares for cash, leaving only minima

Idomoo Announces Launch of AI Video Ads, Powering Video Advertising at Scale

Wed, 07/02/2025 - 11:57
NEW YORK--(BUSINESS WIRE)-- #AI--Idomoo, the leader in next generation video, announces the launch of AI Video Ads, a new capability available through its Lucas AI Video Creator.

Maryland Tech Council Launches Rural Technology Network to Accelerate Rural Innovation

Wed, 07/02/2025 - 11:57
ROCKVILLE, Md.--(BUSINESS WIRE)--The Maryland Tech Council (MTC), the largest technology and life sciences trade association in the state, today announced the launch of the Rural Technology Network, a new initiative to accelerate growth in rural Maryland’s technology ecosystem. The Rural Technology Network will strengthen economic growth in rural Maryland through strategic business development and by offering companies enhanced access to networking, cost savings, education, mentorship and other

Datavault AI Bridges Civic Memory and Digital Identity Across National Platforms

Wed, 07/02/2025 - 11:57
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Inc. (NASDAQ: DVLT), a leader in AI data experience, valuation and monetization, today announced continued expansion and commercial progress through key appointments and participation in high-profile industry events across key sectors including government, education, sports, and culture. Driving National Impact with White House Experience Advisory Council Datavault AI was recently appointed to the White House Experience Advisory Council, a group es

Nacha Supports Executive Order to Eliminate Federal Check Payments, Citing Cost Savings and Fraud Reduction

Wed, 07/02/2025 - 11:57
RESTON, Va.--(BUSINESS WIRE)--Nacha submitted formal comments in support of Executive Order 14247, “Modernizing Payments To and From America’s Bank Account,” applauding the Treasury Department’s efforts to eliminate paper checks for federal disbursements and collections. The executive order, which directs a full transition to electronic payments by Sept. 30, 2025, for federal disbursements, aligns with long-standing Nacha priorities to enhance efficiency, security and inclusion in the payments

Marsh McLennan Agency Acquires Excel Insurance

Wed, 07/02/2025 - 11:57
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Excel Insurance, a Medley, Florida-based independent agency. Terms of the acquisition were not disclosed. Founded in 2020, Excel provides property/casualty insurance solutions to small businesses and individuals in

IFC Commits $50 Million to Victory Park Capital to Expand SME Financing in Emerging Markets

Wed, 07/02/2025 - 11:57
WASHINGTON & CHICAGO--(BUSINESS WIRE)--The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $50 million follow-on investment in Victory Park Capital Investor Fund W, LP (the “Fund”), reinforcing its commitment to financial inclusion and economic resilience in Emerging Markets. With this latest investment and additional support from IDB Invest, which upsized its commitment by $50 million in January 2025, the Fund now exceeds $200 million in total commitm

Universal Parking Receives 2025 Top Workplaces Awards

Wed, 07/02/2025 - 11:57
ATLANTA--(BUSINESS WIRE)--Universal Parking celebrates workplace award wins, recognizing its commitment to fostering a positive work environment.

VB Attorneys Obtains $4,000,000 Verdict on Behalf of Injured Seaman

Wed, 07/02/2025 - 11:57
HOUSTON--(BUSINESS WIRE)-- #CommercialFishing--VB Attorneys obtained a $4,000,000 jury verdict on a Jones Act case in King County, Washington, on behalf of an injured seaman.

Brazos Safety Systems Announces Strategic Growth Investment from Altaline

Wed, 07/02/2025 - 11:57
LOS ANGELES & FORT WORTH, Texas--(BUSINESS WIRE)-- #Altaline--Altaline Capital Management, LLC (“Altaline” or the “Firm”), a newly launched Los Angeles-based private equity firm focused on partnering with lower-middle market companies in the technology, business services, and financial services sectors, today announced a strategic growth investment in Brazos Safety Systems, LLC (“Brazos” or the “Company”), a leading provider of flight safety technology and analytics solutions for the global aviation indust

SurveyMonkey Named One of North America’s Most Inspiring Workplaces for the Second Consecutive Year

Wed, 07/02/2025 - 11:57
CHICAGO--(BUSINESS WIRE)--SurveyMonkey, the world’s most popular platform for surveys and forms, today announced that it has been named one of North America’s top 100 Inspiring Workplaces by the Inspiring Workplaces Group, in association with Employera, for the second year in a row. This recognition reflects SurveyMonkey’s unwavering commitment to building an inclusive, purpose-driven workplace where employees are empowered to do their best work. Judges praised SurveyMonkey for the company’s st

Pages