Feds probe chemical spill at Ultium plant in Ohio

Federal regulators are investigating a chemical spill that happened over the weekend at Ultium Cells LLC’s battery plant in Warren, Ohio, officials confirmed to The Detroit News. A slurry containing battery materials and a hazardous solvent leaked over the weekend, spilling a black substance on the ground around equipment in the plant’s mixing department, according… Continue reading Feds probe chemical spill at Ultium plant in Ohio

Driven Brands Announces $50 Million Share Repurchase Authorization

CHARLOTTE, N.C., Aug. 22, 2023 /PRNewswire/ — Driven Brands Holdings Inc. (NASDAQ: DRVN) (“Driven Brands” or the “Company”) today announced that its Board of Directors has authorized the Company, at its discretion, to repurchase up to $50 million of its common shares outstanding through March 31, 2025. The share repurchase will be funded through a combination… Continue reading Driven Brands Announces $50 Million Share Repurchase Authorization

Electric Motorcycle Market to Hit $121.07 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, Aug. 22, 2023 /PRNewswire/ — The global electric motorcycle market size is anticipated to be valued at USD 121.07 billion by 2030 and is expected growth by CAGR 19.0% over the forecast period, according to a new study by Grand View Research Inc. The electric motorcycle industry is expected to expand due to the… Continue reading Electric Motorcycle Market to Hit $121.07 Billion by 2030: Grand View Research, Inc.

Warehouse Robotics Market to be Worth $17.29 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, Aug. 22, 2023 /PRNewswire/ — The global warehouse robotics market size is anticipated to reach USD 17.29 billion by 2030, exhibiting a CAGR of 19.6% over the forecast period, according to a new report published by Grand View Research, Inc. The expansion of the e-commerce industry, rising labor costs, and the need for greater… Continue reading Warehouse Robotics Market to be Worth $17.29 Billion by 2030: Grand View Research, Inc.

AMSC ASA – FUNDS MANAGED BY MARITIME PARTNERS, LLC AGREES TO ACQUIRE U.S. JONES ACT BUSINESS OF AMSC ASA

LYSAKER, Norway and NEW ORLEANS, Aug. 22, 2023 /PRNewswire/ — AMSC ASA (“AMSC”) and Maritime Partners, LLC today announced that AMSC and Project Merchant Acquisition LLC (the “PM Acquisition”), a newly-formed company owned and controlled by a fund managed by Maritime Partners, LLC, have signed a share purchase agreement (the “SPA”) for PM Acquisition’s purchase… Continue reading AMSC ASA – FUNDS MANAGED BY MARITIME PARTNERS, LLC AGREES TO ACQUIRE U.S. JONES ACT BUSINESS OF AMSC ASA

AMSC ASA – SALE OF THE U.S. JONES ACT ACTIVITIES TO A FUND MANAGED BY MARITIME PARTNERS, LLC

LYSAKER, Norway, Aug. 22, 2023 /PRNewswire/ — Reference is made to the joint announcement made by AMSC ASA (“AMSC”) and Maritime Partners, LLC. (“Maritime Partners”) today regarding the signing by AMSC and Project Merchant Acquisition LLC (the “PM Acquisition”), a newly-formed company owned and controlled by a fund managed by Maritime Partners, of a share purchase… Continue reading AMSC ASA – SALE OF THE U.S. JONES ACT ACTIVITIES TO A FUND MANAGED BY MARITIME PARTNERS, LLC

COMSovereign Receives Notice from Nasdaq Regarding Delayed Quarterly Report

TUCSON, Ari., Aug. 22, 2023 /PRNewswire/ — COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) (“COMSovereign” or the “Company”), a U.S.-based developer of 4G LTE Advanced and 5G communication systems announced today that on August 16, 2023, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) stating that the Company is… Continue reading COMSovereign Receives Notice from Nasdaq Regarding Delayed Quarterly Report

OpenSea Is Dropping Royalties to Artists as Crisis Deepens

“I’ve been working my ass off for you to make that profit.” Not Nifty Imagine you are an unknown visual artist at the beginning of your career. Eventually, you gain a reputation and your pieces start selling for more money, including paintings early in your career that garner higher prices in the resale or secondary… Continue reading OpenSea Is Dropping Royalties to Artists as Crisis Deepens

Electric Boats Market worth $7.7 billion by 2030 – Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 18, 2023 /PRNewswire/ — The Electric Boats Market size is projected to grow from USD 3.3 billion in 2023 to USD 7.7 billion by 2030, at a CAGR of 13.0% from 2023 to 2030 according to a new report by MarketsandMarkets™. The increase in need for sustainable recreational boating solutions is driving growth in… Continue reading Electric Boats Market worth $7.7 billion by 2030 – Exclusive Report by MarketsandMarkets™

TraceGains Reports Remarkable Q2 Performance with Strong Revenue Bookings Growth

Leading Supply Chain Solutions Provider Surges Ahead Despite the Challenging Global Economy WESTMINSTER, Colo., Aug. 17, 2023 /PRNewswire/ — TraceGains, the world’s only networked ingredients marketplace, today announced an impressive 24% YoY increase in revenue bookings for Q2. The increase represents a 7% quarterly growth over the company’s record-breaking Q1 performance, fueled by customer demand for… Continue reading TraceGains Reports Remarkable Q2 Performance with Strong Revenue Bookings Growth