Walmart Inc.’s financial reports list expenses of hundreds-of-billions-of-dollars in two broad categories, leaving investors to hunt elsewhere for everything from the wages paid to employ its army of associates, to the mammoth quarterly costs of freight and fuel. The world’s largest brick-and-mortar retailer is hardly an outlier: More than a […]
Biden welcomes SK Group plans to invest $22 billion in U.S. high-tech sectors
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The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, July 26 (Reuters) – President Joe Biden on Tuesday welcomed plans from South Korea’s second-largest conglomerate SK […]
ESG Reports Aren’t a Replacement for Real Sustainability
Corporate leaders face conflicting signals on the need for environmental, social, and governance reporting. A predictable backlash against ESG investing has arrived, with right wing politicians attacking ESG investors for promoting what they see as a “woke” agenda, and the SEC cracking down on “ESG-washing” by asset managers. While more […]
YORKTEST LABORATORIES INC SECURES INVESTMENT FOR ITS FOOD SENSITIVITY TESTING BUSINESS
WILMINGTON, Del., July 27, 2022 /PRNewswire/ — YorkTest has secured investment in its food sensitivity testing business as part of a $11 million investment by Private Equity backers, NVM. Richard Dawson, CEO at YorkTest. YorkTest is a leading health and wellness company with over 40 years of expertise in the provision of […]
Mayor Adams Announces $1.5 Million Investment in NYC Small Business Resource Network
July 26, 2022 Building on Mayor’s Blueprint for Economic Recovery, New Funding Will Extend Program Providing Personal Assistance and Resources Through 2023 Program Has Already Connected More Than 10,000 Small Businesses With Grants, Loans, and Marketing Tools NEW YORK – New York City Mayor Eric Adams today announced a $1.5 […]
Investing in Nash | Andreessen Horowitz
We’re excited to announce that a16z is leading the Series A for Nash, an API-based platform for last-mile delivery. The Nash marketplace gives businesses the “superpower” of being able to offer delivery, without having to build their own fleet or manage logistics. Nash customers get access to a network of […]
Credit Suisse names new CEO to overhaul investment bank as losses mount
The Swiss bank has dubbed 2022 a “transition” year with a change of guard, restructuring aimed at curtailing risk-taking in investment banking, and bulking up of wealth management, while batting away speculation that it could be acquired or broken up. A new strategic review announced on Wednesday, the bank’s second […]
FACT SHEET: Biden-Harris Administration Advances Equity And Economic Opportunity Through Federal Procurement And State And Local Infrastructure Contracting
Administration Announces Record Contract Spending on Small Disadvantaged Businesses and New Steps to Create Contracting Opportunities for Disadvantaged Businesses through the Bipartisan Infrastructure Law The Federal Government is the largest consumer of goods and services in the world, spending roughly $600 billion each year. Thanks to President Biden’s Bipartisan Infrastructure […]
Berkshire Partners to Invest in Leading Israeli Data Center Platform MedOne
TEL AVIV & BOSTON–(BUSINESS WIRE)–MedOne, Israel’s leading and most trusted provider of colocation data center infrastructure, today announced that it has received a significant growth investment from Berkshire Partners, a U.S. private investment firm, and the van Rooyen Group, alongside majority shareholder Taavura. Established in 1997, MedOne provides carrier-neutral colocation, […]
Canada’s Suncor open to sale of gas stations after deal with activist investor
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July 18 (Reuters) – Suncor Energy Inc (SU.TO), said on Monday it had added three new independent directors and would review a possible sale of its retail gas station business, as part of an agreement with activist investor Elliott Investment Management. Canada’s second-largest crude oil producer has been under pressure […]