Business Update News

Stay updated with the latest business news. Read about company updates, strategic decisions, financial performance, and key developments in various industries. Discover insights that impact business operations and market trends.

Jun 9, 2025 at 5:32 PM

Ionic Digital Announces May 2025 Mining and Operations Update

AUSTIN, Texas--(BUSINESS WIRE)--Ionic Digital Inc. (“Ionic” or the “Company”), a digital infrastructure and cryptocurrency mining company, today issued its unaudited Mining and Operations Update for May 2025. For the month of May, Ionic mined 132.90 Bitcoin (“BTC”) after hosting fees of 1.07 BTC, operating at a Daily Average Hash Rate of 8.24 (EH/s), and achieving an Efficiency of 30.4 (J/THs). Despite a 1.64% decrease in BTC production from April, stemming from a rise in network difficulty, pa...
Jun 9, 2025 at 4:30 PM

Civeo Announces a 4-Year Contract Renewal in the Australian Bowen Basin with expected revenues of approximately A$250 million

HOUSTON & SYDNEY--(BUSINESS WIRE)--Civeo Corporation (NYSE: CVEO) today announced that it was awarded a four-year contract renewal with a leading metallurgical coal producer to provide rooms and hospitality services from the Company’s existing Coppabella, Moranbah and Nebo villages in the Australian Bowen Basin. The contract renewal is expected to generate approximately A$250 million in total revenues from 2025 to 2029. This contract renewal was contemplated in Civeo’s latest full year 2025 rev...
Jun 9, 2025 at 4:03 PM

Resilience Provides Customers With Update on CDMO Business Strategy and Manufacturing Footprint

SAN DIEGO & CINCINNATI--(BUSINESS WIRE)--National Resilience (“Resilience”), a technology-focused biomanufacturing company dedicated to broadening access to complex medicines, today provided an update on its CDMO business strategy and financing in a letter to its customers. The full letter follows: Dear Resilience Customers, Since our founding in 2020, Resilience has focused on improving the pharmaceutical supply chain and providing manufacturers of complex, advanced medicines the ability to pr...
Jun 9, 2025 at 4:02 PM

Limoneira Announces Strategic Citrus Sales and Marketing Operations Merger with Sunkist Growers

SANTA PAULA, Calif.--(BUSINESS WIRE)--Limoneira Company (the “Company” or “Limoneira”) (Nasdaq: LMNR), a diversified citrus growing, packing, selling and marketing company with related agribusiness activities and real estate development operations, today announced a strategic merger of its citrus sales and marketing operations with Sunkist Growers, Inc. (“Sunkist”), creating a powerful platform to serve food service and retail sectors. Beginning in the first quarter of fiscal year 2026, Limonei...
Jun 9, 2025 at 3:18 PM

ACI Elevates Health and Hygiene with the launch of Cleaning for Health Initiative

WASHINGTON--(BUSINESS WIRE)--The American Cleaning Institute launched its new Cleaning for Health initiative, aimed at empowering individuals and communities with the knowledge and tools to put into practice smart, targeted cleaning strategies that not only maintain their health, but create healthier living environments. ACI's latest survey, conducted by Wakefield Research, revealed that 97% of Americans believe cleaning and hygiene are important for public health and the health of our communit...
Jun 9, 2025 at 2:53 PM

MORSE Corp Expands to a New Seattle, WA Office

SEATTLE--(BUSINESS WIRE)--MORSE Corp (MORSECORP Inc.) a leading defense technology company, is opening its first West Coast location with the launch of a new office in Seattle, WA. MORSE is headquartered in Cambridge, MA, and opened its first satellite office in Arlington, VA, in 2024. With steady growth, this geographical expansion will allow MORSE to have better proximity to customers and access to yet another strong technical talent pool. "We are excited to join the vibrant tech community in...
Jun 9, 2025 at 12:31 PM

Hewlett Packard Enterprise Releases 2024 Living Progress Report

HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced the publication of its 10th annual Living Progress Report for fiscal year 2024, providing a comprehensive view into the company’s progress in building a more sustainable IT ecosystem, driving decarbonization efforts, investing in talent, and developing responsible and ethical technology. Living Progress is HPE’s business strategy for creating sustainable and responsible technology solutions. The report highlights t...
Jun 9, 2025 at 11:49 AM

D.R. Horton, Inc. Announces Dual Listing on NYSE Texas

ARLINGTON, Texas--(BUSINESS WIRE)--D.R. Horton, Inc. (NYSE:DHI), America’s Builder, announced today the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange headquartered in Dallas, TX. The Company will maintain its primary listing on the New York Stock Exchange and trade with the same “DHI” ticker symbol on NYSE Texas. David Auld, Chairman of the Board, said, “We are pleased to be a Founding Member of NYSE Texas and show our support to the state...
Jun 9, 2025 at 11:04 AM

Sesen Launches with a Singular Mission: Advancing Life Sciences Globally Through Specialized Language Solutions

BOSTON--(BUSINESS WIRE)--Today marks the official launch of Sesen, a next-generation language services company purpose-built to meet the complex demands of the life sciences industry. Specializing exclusively in translation, localization, and AI-enhanced linguistic solutions for pharmaceutical, biotechnology, medical device, CRO, and regulatory organizations, Sesen combines industry expertise with cutting-edge technology to deliver fast, accurate, and fully compliant multilingual communications...
Jun 9, 2025 at 11:00 AM

EdgeCo Holdings Announces Agreement with ERISApedia to Join its AmericanTCS Business Unit

PITTSBURGH--(BUSINESS WIRE)--EdgeCo Holdings LP (“EdgeCo”), a leading provider of best-in-class solutions for financial intermediaries and their clients, announced today that it has acquired ERISApedia. ERISApedia will become part of its AmericanTCS Holdings, LLC (AmericanTCS) business unit. The acquisition includes acquiring all of ERISApedia’s product offerings. ERISApedia’s operations will be integrated into the product solutions offered by AmericanTCS’s PensionPro. ERISApedia provides compl...
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