The Association of Corporate Counsel (ACC) recognized Wolters Kluwer ELM Solutions and its client, Equitable, as 2022 ACC Value Champions. A financial services and insurance company, Equitable was celebrated for its implementation of two ELM Solutions products. read more

JAN 30, 2023 - 7:06 am

Ritchie Bros. entered into a securities purchase agreement with Starboard Value and certain of its affiliates pursuant to which Starboard will make a concurrent $485 million convertible preferred equity and $15 million common share investment in Ritchie Bros. read more

JAN 25, 2023 - 7:18 am

Thomas M. Quindlen, who recently retired as executive vice president and CEO of the diversified value and lifestyle group at Synchrony Financial (formerly GE Capital Retail Finance), was elected vice chair of Villanova University’s board of trustees. read more

JAN 25, 2023 - 7:16 am

According to a report from CoBank, the U.S. economy will progressively slow through the first half of 2023 as fears of a recession remain high. However, with the unemployment rate at a 53-year low and inflation trending lower, forecasts are turning at least a little less gloomy. read more

JAN 23, 2023 - 7:15 am

According to a new outlook report, Kroll Bond Rating Agency remains optimistic about the gradual but certain recovery in the aviation markets despite another year of upheaval in economies globally in 2022, which was exacerbated by geopolitical tensions. read more

JAN 20, 2023 - 6:48 am

Textron named Lisa Atherton, president and CEO of the Textron Systems segment, to a new role as chief operating officer of the Bell segment. Tom Hammoor, who most recently led Textron Aviation Defense, will succeed Atherton as president and CEO of the Textron Systems segment. read more

JAN 20, 2023 - 6:45 am

According to a new study from Biz2Credit, during the recent period of highest inflation, the average monthly expenditure of small businesses fell by 5% from $11,401 in Q1/22 to $10,884 in Q3/22. read more

JAN 20, 2023 - 6:44 am

According to a report from International Data Corporation, spending on compute and storage infrastructure products for cloud deployments, including dedicated and shared IT environments, increased 24.7% year over year in Q3/22 to $23.9 billion. read more

JAN 13, 2023 - 7:11 am

United Rentals announced it was selected for the Glassdoor Employees’ Choice Award, recognizing the Best Places to Work in 2023. This award is based solely on the input of employees, who voluntarily provided anonymous feedback. read more

JAN 13, 2023 - 7:09 am

According to a survey from Grant Thorton, although many CFOs expect continued challenges attracting and retaining talent, the top area cited for potential costs cuts was expenses related to employee headcount and compensation. read more

JAN 10, 2023 - 7:17 am

Xerox Holdings entered a forward funding agreement with PEAC Solutions to drive the continued growth of Xerox’s FITTLE business. read more

JAN 5, 2023 - 7:26 am

According to Nick Cole, the head of restaurant and hospitality finance at Mitsubishi UFJ Financial Group, the number of U.S. restaurants has not yet rebounded to pre-pandemic levels and is still significantly lower than what it was before COVID-19. read more

JAN 5, 2023 - 7:19 am

According to Kroll Bond Rating Agency, the delinquency rate among KBRA-rated U.S. commercial mortgage-backed securities rose eight basis points in December to 2.97%, up from 2.89% in November and a low of 2.76% in September. read more

JAN 3, 2023 - 7:06 am

Siena Lending Group donated more than 300,000 meals to individuals and families. read more

JAN 3, 2023 - 7:02 am

Invacare, a manufacturer and distributor of medical equipment used in non-acute care settings, consummated an additional draw of $5.5 million of term loans under its credit agreement with certain funds managed by Highbridge Capital Management. read more

DEC 28, 2022 - 7:14 am