BIG LOTS RECEIVES COURT APPROVAL FOR SALE TO NEXUS

Company Remains Committed to Providing Customers with Unmistakable Value and Extreme Bargains COLUMBUS, Ohio, Nov. 22, 2024 /PRNewswire/ — Big Lots, Inc. (OTC: BIG) (the “Company”) today announced that it has received court approval for the sale of substantially all of the Company’s assets and ongoing business operations to an affiliate of Nexus Capital Management… Continue reading BIG LOTS RECEIVES COURT APPROVAL FOR SALE TO NEXUS

Tesla brings ‘Actually Smart Summon’ to Europe and Middle East where FSD is limited

Tesla announced that ‘Actually Smart Summon,’ its autonomous driving feature that enables moving its vehicles without anyone inside over short distances, is now being launched in Europe and the Middle East. The automaker’s Full Self-Driving suite of features has been limited in those markets due to regulations and Tesla’s focus on making them work in… Continue reading Tesla brings ‘Actually Smart Summon’ to Europe and Middle East where FSD is limited

JaGUar? Luxury automaker defends controversial rebrand amid pivot to EVs

Jaguar new logo Courtesy: Jaguar Luxury carmaker Jaguar has defended a rebrand that drew widespread criticism on social media this week. The company, part of Tata Motors-owned group Jaguar Land Rover, released a new logo that saw it ditch its iconic “leaper” big cat branding, and unveiled promotional videos featuring brightly dressed models — but… Continue reading JaGUar? Luxury automaker defends controversial rebrand amid pivot to EVs

Northvolt CEO resigns as Europe’s big hope for a battery champion files for bankruptcy

Northvolt CEO Peter Mikael Carlsson is standing on the construction site for the new Northvolt Gigafactory electric car battery factory in front of excavators and wind turbines on March 25, 2024 in Lohe-Rickelshof, Germany. Gregor Fischer | Getty Images News | Getty Images The chief executive of Northvolt stepped down on Friday, shortly after the… Continue reading Northvolt CEO resigns as Europe’s big hope for a battery champion files for bankruptcy

The world’s auto giants will need to partner with Chinese companies to survive in China, analysts say

EV cars are pictured inside BYD’s first electric vehicle (EV) factory in Southeast Asia, a fast-growing regional EV market where it has become the dominant player, in Rayong, Thailand, July 4, 2024.  Chalinee Thirasupa | Reuters BEIJING — Time is running out for traditional foreign automakers to adapt to China’s electric car market, signaling to… Continue reading The world’s auto giants will need to partner with Chinese companies to survive in China, analysts say

BIG LOTS RECEIVES COURT APPROVAL FOR SALE TO NEXUS

Company Remains Committed to Providing Customers with Unmistakable Value and Extreme Bargains COLUMBUS, Ohio, Nov. 22, 2024 /PRNewswire/ — Big Lots, Inc. (OTC: BIG) (the “Company”) today announced that it has received court approval for the sale of substantially all of the Company’s assets and ongoing business operations to an affiliate of Nexus Capital Management… Continue reading BIG LOTS RECEIVES COURT APPROVAL FOR SALE TO NEXUS

Vanguard to Offer New Options for Meeting Investors’ Short-Term Liquidity Needs

VALLEY FORGE, Pa., Nov. 22, 2024 /PRNewswire/ — Today, Vanguard announced plans to launch two new ETFs in the first quarter of 2025 intended to help investors manage their short-term liquidity needs. Vanguard Ultra-Short Treasury ETF (VGUS) and Vanguard 0-3 Month Treasury Bill ETF (VBIL) are index ETFs that will offer low-cost Treasury exposure for individual… Continue reading Vanguard to Offer New Options for Meeting Investors’ Short-Term Liquidity Needs

Bridge Defense Announces Strategic Investment in Federated IT

WASHINGTON, Nov. 22, 2024 /PRNewswire/ — Bridge Defense, a defense-technology company, has made a strategic investment in Federated IT, a trusted provider of mission-critical services to the U.S. government. Founded in 2002, Federated IT has built a reputation as a trusted partner to the U.S. Intelligence Community and the Department of Defense. With expertise optimizing… Continue reading Bridge Defense Announces Strategic Investment in Federated IT

GenNx360 Capital Partners finalizes the sale of ITsavvy to Xerox Holdings Corporation

NEW YORK, Nov. 22, 2024 /PRNewswire/ — GenNx360 Capital Partners (“GenNx360”), a New York-based private equity firm, is pleased to announce the final sale of its portfolio company, ITsavvy LLC (“ITsavvy” or “the Company”), a provider of end-to-end IT infrastructure solutions, to Xerox Holdings Corporation (“Xerox”) for $400 million. This transaction marks a significant milestone… Continue reading GenNx360 Capital Partners finalizes the sale of ITsavvy to Xerox Holdings Corporation

ACHC Investors Have Opportunity to Lead Acadia Healthcare Company, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm

NEW YORK, Nov. 22, 2024 /PRNewswire/ — Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Acadia Healthcare Company, Inc. (NASDAQ: ACHC) between February 28, 2020 and October 18, 2024, both dates inclusive (the “Class Period”), of the important December 16, 2024 lead plaintiff deadline in the securities class… Continue reading ACHC Investors Have Opportunity to Lead Acadia Healthcare Company, Inc. Securities Fraud Lawsuit First Filed by The Rosen Law Firm