Truist plans to achieve net zero greenhouse gas (GHG) emissions by 2050, furthering the company's aspiration to support the transition to a low-carbon economy. read more
JAN 28, 2022 - 6:36 am
Worldwide spending on edge computing is expected to reach $176 billion in 2022, an increase of 14.8% compared with 2021, according to the International Data Corporation. read more
JAN 28, 2022 - 6:34 am
Solifi is collaborating with BlackBerry to integrate BlackBerry IVY into its open finance platform to drive innovative, high-impact finance use cases for original equipment manufacturers and automotive finance providers. read more
JAN 27, 2022 - 6:28 am
BlueCrest, a postal and parcel automation company, launched BlueCrest Financial Services, which will allow clients to finance equipment, software, accessories, services and maintenance by paying monthly payments. read more
JAN 27, 2022 - 6:24 am
Middle-market companies and private equity firms foresee an extremely strong year for the M&A market in 2022, with bullish forecasts for both deal volumes and for company valuations, according to a Citizens survey of 400 leaders at U.S. middle-market companies and private equity firms. read more
JAN 24, 2022 - 6:05 am
F.N.B. Corporation launched Physicians First, a digital program for specialized loan and deposit products for physicians, dentists, veterinarians and other healthcare professionals. The platform provides a range of consumer and commercial banking products, including equipment financing. read more
JAN 14, 2022 - 5:53 am
According to Capital One’s annual healthcare corporate finance survey, 76% of healthcare executives expect their businesses to perform better in 2022 compared with 2021. However, leaders in the healthcare space remain concerned about staffing issues. read more
JAN 14, 2022 - 5:45 am
Jet Edge International, an Ohio-based private aviation company, raised $75 million of funding from credit funds and accounts managed by KKR. Jet Edge will utilize the funding from KKR to further expand its Gulfstream and Challenger fleet. read more
JAN 14, 2022 - 5:35 am
According to International Data Corporation, worldwide shipments of traditional PCs reached 92.7 million units during Q4/21, marking 1% growth compared with the same quarter in 2020. In addition, total PC shipments during 2021 reached 348.8 million units, up 14.8% from 2020. read more
JAN 14, 2022 - 5:30 am
Small business loan approval rates at big banks (more than $10 billion in assets) increased from 14.2% in November to 14.3% in December, and approval rates at small banks (under $10 billion in assets) rose from 19.9% in November to 20.1% in December, according to Biz2Credit. read more
JAN 12, 2022 - 5:35 am
Robbins, Salomon & Patt and DiMonte & Lizak merged their Chicago-based law practices to form Robbins DiMonte. The combination expands the firms’ collective capabilities in core practice areas, including business and real estate, finance, litigation and trusts and estates. read more
JAN 12, 2022 - 5:30 am
Philippine Airlines emerged from its voluntary Chapter 11 proceedings, completing its financial restructuring within four months. Philippine Airlines’ plan of reorganization provides for more than $2 billion in permanent balance sheet reductions from existing creditors. read more
JAN 3, 2022 - 6:45 am
Ritchie Bros. sold more than 4,400 equipment items and trucks for more than 780 owners, achieving more than C$53 million ($42 million) in gross transaction value at its final 2021 auction in Edmonton, AB. read more
JAN 3, 2022 - 6:41 am
GA Telesis launched GAT Logistics Solutions Group, a wholly-owned global freight forwarding subsidiary that will offer logistics services to the aerospace industry and the healthcare, technology and retail verticals. read more
DEC 29, 2021 - 6:05 am
Trinity Capital, a specialty lending company that provides debt, including loans and equipment financing, closed its public offering of $75 million in aggregate principal amount of 4.25% notes due 2026. read more
DEC 29, 2021 - 6:00 am