October 25, 2023 3:47 pm
Thrive Precision Health said on Wednesday that it had entered into a binding letter of intent to acquire 2 diabetes clinics in Arizona. The company is developing a standardized clinical footprint that can scale nationwide and internationally to offer Wound Care, IV Therapies, Neuropathy Treatment as well as enhanced complementary protocols. Each clinic will offer […]
Read moreOctober 25, 2023 12:17 pm
Universal Stainless & Alloy Products Inc said on Wednesday that it had appointed Christopher Zimmer as its next President and Chief Executive Officer. The appointment will take effect on November 1st. Zimmer will also have a seat on the Board of Directors of Universal Stainless. He is to succeed Dennis Oates, who will assume the […]
Read moreOctober 25, 2023 7:24 am
Stellantis on Tuesday announced plans to establish a joint venture with French nuclear fuels company Orano with the aim to recycle used electric vehicle batteries and scrap materials from its gigafactories across Europe and North America. Such a venture is expected to ensure additional access for the auto maker to the cobalt, nickel and lithium […]
Read moreOctober 24, 2023 6:08 am
Arthur J. Gallagher & Co, a global insurance brokerage, risk management and consulting services firm, said on Monday that it had acquired New York-based Rosenzweig Insurance Agency Inc. However, the company did not disclose any financial details of the agreement. Rosenzweig Insurance Agency is a full-service insurance broker with pharmacy expertise, which serves a client […]
Read moreOctober 23, 2023 12:44 pm
Ooma Inc said on Monday that it had acquired 2600Hz Inc, a leader in modern and flexible business communications applications targeted at resellers and carriers. The deal was valued at about $33 million in cash. 2600Hz is anticipated to add nearly $7 million in annual recurring revenue to Ooma Inc. The deal, which was finalized […]
Read moreOctober 22, 2023 4:11 pm
Pharmacy chain CVS Health said this week it would remove from its shelves particular oral cough and cold products with phenylephrine as the sole active ingredient. In September, a panel of advisers to the US Food and Drug Administration refused to support the effectiveness of oral over-the-counter medicines that contain phenylephrine. The US health regulator […]
Read moreOctober 22, 2023 11:23 am
Discount store operator Dollarama announced on Friday that Patrick Bui had been named as its next Chief Financial Officer. Bui is to succeed J.P. Towner, who has served as the company’s finance chief since March 2021. The appointment will come into effect on December 18th, Dollarama said. At present, Patrick Bui serves as Chief Financial […]
Read moreOctober 21, 2023 12:57 pm
Applied Digital Corp, a designer, builder and operator of next-generation digital infrastructure designed for High-Performance Computing applications, said on Friday that it had energized its 200 megawatt data center in Garden City, Texas. The energization of the facility marks Applied Digital’s third successful next-gen data center development within North America for blockchain hosting operations. Once […]
Read moreOctober 20, 2023 1:44 pm
White Mountains Insurance Group Ltd said on Friday that it had entered into an agreement to acquire a majority stake in Bamboo Ide8 Insurance Services LLC. White Mountains said it would invest nearly $285 million, including primary capital to support Bamboo’s growth, while acquiring about 70% of Bamboo’s basic shares outstanding. Established in 2018, Bamboo […]
Read moreOctober 19, 2023 9:18 am
Amazon.com Inc (AMZN) on Wednesday announced plans to begin package deliveries by using drones in the UK, Italy and a third location in the United States. Amazon customers will have an option available to have their packages delivered by a drone from late 2024 onward. Drone deliveries will be integrated into the company’s existing fulfillment […]
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