Articles from Business Wire

Today, Circle Internet Group, Inc. a global financial technology company, announced that its regulated subsidiary is the first stablecoin issuer to commit to comply with the Ontario Securities Commission (OSC) and Canadian Securities Administrators’ (CSA) Value-Referenced Crypto Asset (VRCAs) requirements. This facilitates Circle’s U.S. dollar-denominated stablecoin, USDC, being offered on registered crypto asset trading platforms in the Canadian market.

Alight, Inc. (NYSE: ALIT) (the "Company”), a leading cloud-based human capital technology and services provider, today issued a statement on behalf of Cannae and Alight’s Chairman of the Board William P. Foley, II.

Global branded payments leader Blackhawk Network (BHN) today announced a significant philanthropic milestone, having donated $2.7 million to 73 charities worldwide in 2024. This achievement reflects the company's continued dedication to supporting charitable causes and driving meaningful connections throughout the world. Since its inception, BHN has been committed to empowering communities and strengthening partnerships with organizations making a difference globally.

On November 1st, Insurcomm, a leading provider of disaster restoration and construction services, acquired Theraclean Restoration, a trusted leader in property restoration operating throughout New Jersey. This acquisition further strengthens Insurcomm's national presence and expands its service offerings to encompass a broader range of property restoration needs throughout the mid-Atlantic region.

ERI, the nation’s largest fully integrated IT and electronics asset disposition (ITAD) provider and cybersecurity-focused hardware destruction company, now maintains eight e-waste recycling facilities, including its state-of-the-art location in Sumner, Washington.

Divert, Inc., a sustainable solutions company committed to solving the wasted food crisis and advancing a circular economy, today announced the opening of its Integrated Diversion & Energy Facility in Turlock, California, the first-of-its-kind for the state in accelerating progress against the wasted food crisis. The new facility marks a significant milestone in the company’s robust expansion roadmap to scale its sustainable infrastructure solutions to 30 facilities across the U.S. by 2031.

Omilia, a market leader in enterprise Conversational Artificial Intelligence (CAI), today announced its recognition in the 2024 Gartner Peer Insights "Voice of the Customer" report for Enterprise Conversational AI Platforms. We feel the report recognizes Omilia for its outstanding performance in customer satisfaction, reinforcing the company’s commitment to delivering real business outcomes and value at scale through cutting-edge AI technology.

Ossium Health, a clinical-stage bioengineering company with a first-of-its-kind bone marrow bank for processing and deploying stem cell-based therapies, today announced that it will be hosting a booth at the 66th American Society of Hematology (ASH) Annual Meeting and Exposition being held December 7-10, 2024, in San Diego, CA.

Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, has been included in Newsweek’s list of America’s Most Responsible Companies 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The awards list can be viewed on Newsweek’s website.

AM Best has revised the outlook to negative from stable of the Long-Term Issuer Credit Ratings (Long-Term ICRs) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of Nonprofits Insurance Alliance of California, Inc. (Santa Cruz, CA), National Alliance of Nonprofits for Insurance, Inc. and Alliance of Nonprofits for Insurance, Risk Retention Group, Inc. (both of West Brookfield, VT) which all are members of Nonprofits Insurance Alliance Group (NIA or the group). The outlook of the FSR is stable.

UNITE HERE Local 11 sent a letter to Jamaica Bay Inn investors regarding the ongoing labor dispute at the Marina Del Rey property, which is operated by Pacifica Hotels.

KKR today announced a newly promoted group of 41 Managing Directors, effective January 1, 2025.

As temperatures drop, ComEd’s Energy Doctors are available to offer energy-saving tips that can help families and individuals manage energy use and save money on electric bills.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Hannover Rück SE (Hannover Re) (Germany) and its main subsidiaries. AM Best also has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of a debt instrument issued by Hannover Re. The outlook of these Credit Ratings (ratings) is stable. See below for a detailed listing of all companies and ratings.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of HDI Global Seguros, S.A. (HDI-GS) (Mexico). Concurrently, AM Best has affirmed the Mexico National Scale Rating of “aaa.MX” (Exceptional) of HDI-GS. The outlook of these Credit Ratings (ratings) is stable.

Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (“Thunderbird” or the “Company”) is pleased to announce that it has received approval from the TSX Venture Exchange (“TSXV”) of its Notice of Intention to Make a Normal Course Issuer Bid (the “NCIB”).

At AWS re:Invent, Luma AI today announced the upcoming release of its newly updated Luma AI Ray 2 Video Model, which produces videos from text and image prompts in as little as 10 seconds. Developed for general consumers, prosumers, and professionals, the Luma AI Ray 2 Video Model, accessible through Luma AI’s recently launched Dream Machine service, extends Luma’s capabilities as a visual thought partner, enabling users to bring their ideas to life in high-quality, stunning videos that are now up to 1-minute long–from five seconds in the previous model. Additionally, Luma AI and Amazon Web Services (AWS) announced a strategic collaboration that will bring Luma AI’s best-in-class visual AI models to Amazon Bedrock, enabling AWS customers to build and deploy visual capabilities into their AI applications.

World of Illumination, the producer of the world’s largest drive-through animated light show, is excited to unveil its 2024 lineup of larger-than-life holiday light displays and locations as the company expands across the United States.

At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced four new innovations for Amazon SageMaker AI to help customers get started faster with popular publicly available models, maximize training efficiency, lower costs, and use their preferred tools to accelerate generative artificial intelligence (AI) model development. Amazon SageMaker AI is an end-to-end service used by hundreds of thousands of customers to help build, train, and deploy AI models for any use case with fully managed infrastructure, tools, and workflows.

American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., urges customers and the general public to follow these essential tips to help ensure you and your loved ones stay safe and comfortable during the colder months.

Hunt Capital Partners (HCP) announced the closing of its $193.5 million low-income housing tax credit (LIHTC) equity fund, Hunt Capital Partners Tax Credit Fund 51 (HCPTCF 51). The fund will invest in 16 communities nationwide, creating 1,291 affordable homes for low-income families and the unhoused. The developments will include set-asides, dedicating quality housing options for special needs populations such as veterans, individuals with disabilities, those struggling with substance abuse, people living with HIV/AIDS, and youth aging out of foster care. HCPTCF 51 represents the largest multi-investor fund that HCP has closed to date.

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the second cohort of newly hired technicians has graduated from Avangrid’s National Training Center (NTC). Technicians from Avangrid wind projects in three different states attended two-and-a-half weeks of safety and technical training at the NTC located in Sherman County, Oregon.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI V.a.G.) (Germany) and its rated insurance subsidiaries. The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has assigned an FSR of A+ (Superior) and a Long-Term ICR of “aa-” (Superior) to HDI Global Select Insurance Company (Indianapolis, IN). The outlook assigned to these ratings is stable. Additionally, AM Best has affirmed the Mexico National Scale Rating of “aaa.MX” (Exceptional) of HDI Global Seguros, S.A. (Mexico City, Mexico). The outlook of this rating is stable. (Please see below for a detailed listing of the subsidiaries and ratings.)

ProAmpac, a leader in flexible packaging and material science, has been recognized with TreeHouse Foods’ prestigious 2024 Supplier Value Award for outstanding contributions to Environmental, Sustainability, and Governance (ESG). This award highlights ProAmpac’s environmental stewardship, innovation, and service excellence across TreeHouse’s operations and supply chain.

Ameriprise Financial, Inc. (NYSE: AMP) has received two J.D. Power certifications for delivering exceptional customer phone service to its clients and financial advisors. For the first time, the firm earned the “Outstanding Customer Service Experience” certification for the high level of service provided to clients. And, for the sixth consecutive year, the firm received the “Outstanding Customer Service Experience” certification for service provided to its advisors.