Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

U.S. Households Pay $1,268 a Year in Hidden Costs

Business Wire
Amid record-high mortgage and credit card rates, new doxo report exposes $167B in hidden bill pay costs, driven mostly by increased credit costs, along with overdraft fees, late fees, and fraud A new report released today by doxo found that hidden costs associated with paying bills amount to an additional $167 billion......

WIFF Releases ‘2024 Outlook: A Pivotal Year for the Economy and Markets’

Business Wire
Expected snap back from slowing economy likely in back half of next year With Wells Fargo Investment Institute’s (WFII’s) release of its “2024 Outlook: A pivotal year for the economy and markets,” the team offers its highest conviction ideas for investors to consider in the new year. WFII believes the 2024......

Chevron Announces $16 Billion 2024 Capex Budget

Business Wire
Chevron Corporation announced an expected organic capital expenditure range of $15.5 to $16.5 billion for consolidated subsidiaries (capex) and an affiliate capital expenditure (affiliate capex) budget of approximately $3 billion for 2024. Upstream spending in 2024 is expected to be about $14 billion. Of this planned expenditure, two-thirds is allocated......

Genera Announces $340+ Million Investment in Sustainable Biomaterials Campus

Business Wire
The investment will expand Genera’s manufacturing, production and distribution operations of its circular, compostable packaging solutions and biomaterials Sustainable molded fiber and biomaterials company Genera announced today it has broken ground on the nearly $350 million expansion of its Sustainable Biomaterials Campus, enabling increased manufacturing, production and distribution operations. The expansion adds......

Hudson Pacific Raises $189 Million

Business Wire
Hudson Pacific Properties, Inc., a unique provider of end-to-end real estate solutions for tech and media tenants, announced today that it has divested through two separate transactions a land parcel in Silicon Valley and certain tranches of a loan secured by its Hollywood Media Portfolio for gross proceeds of $189.3 million......

Visa and Oxfam America Announced Intent of Partnership

Business Wire
At COP28, the organizations announced intent to scale the B-READY Project to provide preventative humanitarian assistance in four high-risk locations During the 28th United Nations Climate Change Conference (COP28), Visa (NYSE: V), a global leader in digital payments, and Oxfam America, a part of the global Oxfam organization fighting inequality to......

Clever Carnivore Raised $7 Million Seed Round Funding

Business Wire
Delicious, sustainable, cost-competitive and cruelty-free meat is officially in the works. And early investors in Clever Carnivore will be among the first to see how the sausage gets made. Clever Carnivore, a Chicago biotech startup producing low-cost, top-quality cultivated meat, today announced the successful closing of its $7 million seed......

Kinetik Prices $500 Million Sustainability-Linked Senior Notes Offering

Business Wire
Kinetik Holdings Inc. (“Kinetik”) announced that its subsidiary, Kinetik Holdings LP (the “Issuer”), has priced its previously announced offering of $500 million sustainability-linked senior notes due 2028 (the “Senior Notes”). The Senior Notes were priced at par. The Senior Notes mature on December 15, 2028, pay interest at the rate......

Juniper Research Study: CCaaS to Generate Over $18 Billion

Business Wire
A new study from Juniper Research, the foremost experts in telecommunications market, has found CCaaS (Contact Centre-as-a-Service) subscription services will generate over $18 billion in revenue by 2028; from $7.5 billion this year. The report predicts growing support for inbound communication channels, such as RCS and OTT messaging apps, will drive......

The Law Offices of Frank R. Cruz Announced Investigation of Expensify, Inc.

Business Wire
The Law Offices of Frank R. Cruz announces an investigation of Expensify, Inc. (“Expensify” or the “Company”) on behalf of investors concerning the Company’s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On or around November 11, 2021, Expensify conducted its......