Business Wire

Jabil Enters into Preliminary Agreement Relating to Sale of Mobility Business

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL), today announced a preliminary agreement with BYD Electronic (International) Company Limited (“BYDE”) relating to the sale of its Mobility business in a potential transaction expected to be valued at approximately $2.2 billion. “This...

The LYCRA Company Launches New LYCRA® Brand Products at Intertextile Shanghai

Sustainable fibers and initiatives will also be showcasedWILMINGTON, Del.--(BUSINESS WIRE)--The LYCRA Company, a global leader in developing innovative and sustainable fiber and technology solutions for the apparel and textile industry, announced today that it is showcasing its latest products...

Trilliant’s Corporate Commitment to Sustainability Reinforced with Certifications, Awards

Recertifications from DEKRA and ECORESPONSIBLE and awards for sustainability validate the company’s ongoing pledge to customers and employeesCARY, N.C.--(BUSINESS WIRE)--#energy--Trilliant, a leading international provider of solutions for advanced metering infrastructure (AMI), smart grid, smart cities and IIoT, continues to...

California American Water Lifts Boil Water Notice for its San Diego County District

SAN DIEGO--(BUSINESS WIRE)--California American Water has lifted a boil water advisory that was in place for its San Diego County District. Customers can now consume and use their tap water normally after days of extensive testing have shown no...

Recent Study from England’s National Health Service Highlights Positive Impact of Implementing HeartFlow’s FFRCT Analysis for Diagnosis of Coronary Artery Disease

Significant reduction in cardiovascular mortality and all-cause mortality for CCTA coupled with FFRCT versus CCTA aloneMOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Two-year results from FISH&CHIPS, a real world, multi-center, retrospective clinical study with 90,553 patients conducted by the National Health Service (NHS)...

Hotels’ Refusal to Pay Living Wage, Widespread Violence Against Strikers Leads to Boycott of Los Angeles; UNITE HERE Local 11 Members Tell Conventions to...

LOS ANGELES--(BUSINESS WIRE)--Today, UNITE HERE Local 11 members, along with representatives from future citywide conventions and events, announced a boycott of Los Angeles, until the hotel industry pays a living wage and puts an end to violence against its...

Startek Forms Special Committee in Response to Preliminary Non-Binding Acquisition Proposal by CSP Management Limited

DENVER--(BUSINESS WIRE)--The board of directors of Startek, Inc. (NYSE: SRT) has formed a special committee of independent directors that is authorized to evaluate the non-binding proposal, dated July 18, 2023, by CSP Management Limited to acquire all the shares...

Heliogen Announces 1-for-35 Reverse Stock Split

PASADENA, Calif.--(BUSINESS WIRE)--$HLGN--Heliogen, Inc. (“Heliogen”) (NYSE: HLGN), a leading provider of AI-enabled concentrating solar energy technology, announced today that its Board of Directors has approved a 1-for-35 reverse stock split (“Reverse Stock Split”) of Heliogen’s common stock. Heliogen’s stockholders...

Arconic Names Chris Ayers CEO and Chairman of the Board

PITTSBURGH--(BUSINESS WIRE)--Arconic Corporation (NYSE:ARNC) (“Arconic” or the “Company”) announced today that Chris Ayers will become Chief Executive Officer and Chair of the Board of Arconic, effective September 11, 2023. Ayers has served on Arconic’s Board of Directors for the...

Culp, Inc. to Webcast First Quarter Fiscal 2024 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its first quarter fiscal 2024 conference call on Thursday, August 31, 2023, at 11:00 a.m. ET. During this call,...

Latest News

ExxonMobil Guyana reached new monthly production high in September

ExxonMobil is gradually increasing production offshore Guyana reaching an average of 660,000 barrels per day (b/d). Liza 1 and...