First Federal Bank, a community-based bank serving Florida and South Carolina, announced that it will donate $100,900 to nonprofit agencies through its 2023 First Federal Way campaign. read more

DEC 29, 2023 - 6:36 am

Daseke, a North American transportation solutions specialist, entered into a definitive agreement to be acquired by TFI International, a North American transportation and logistics company, in an all-cash transaction that values Daseke at an enterprise value of approximately $1.1 billion. read more

DEC 28, 2023 - 6:48 am

A panel at Restaurant Finance Monitor’s Restaurant, Finance & Development Conference in Las Vegas advised that structural shifts in the restaurant industry mean that many multiunit restaurant franchisees need to shore up their balance sheets and revisit their business models. read more

DEC 27, 2023 - 6:49 am

HD Hyundai (former Hyundai Heavy Industries Group), a South Korean shipbuilding and heavy industries manufacturer, is partnering with Google Cloud to accelerate its digital transformation using generative artificial intelligence technology. read more

DEC 27, 2023 - 6:46 am

According to the International Data Corporation’s latest research, with the global demand for artificial intelligence and high-performance computing exploding, the semiconductor industry is expected to usher in a new wave of growth. read more

DEC 26, 2023 - 6:59 am

Origis Energy, a renewable energy and decarbonization solution platform, closed a $344 million construction financing facility and conversion to term loan with MUFG for its Golden Triangle I solar plus battery energy storage project in Lowndes County, MS. read more

DEC 26, 2023 - 6:54 am

Equipment rental company United Rentals was selected as one of the best managed companies in the U.S. in the Drucker Institute’s annual Management Top 250 ranking. read more

DEC 26, 2023 - 6:52 am

Baltimore Potomac Truck Centers acquired TMI Truck & Equipment, which consists of two dealerships in Chesapeake and Norfolk, VA. The acquisition was completed on Nov. 13. read more

DEC 26, 2023 - 6:51 am

First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided working capital financing via a revolving line of credit to Winona Foods in Green Bay, WI. read more

DEC 21, 2023 - 6:25 am

EquipmentShare, an equipment rental and equipment asset management company, was recognized with the 2023 Military Times Best for Vets and the 2023 HIRE Vets Medallion awards. read more

DEC 19, 2023 - 6:57 am

Umpqua Bank and parent company Columbia Banking System announced the nonprofit recipients of $1 million in local grants to mark their respective 70th and 30th anniversaries, including $700,000 to organizations in South Puget Sound, Portland Metro and Douglas County, OR. read more

DEC 18, 2023 - 7:35 am

UnidosUS, the nation's largest Latino civil rights and advocacy organization and Wells Fargo launched a program designed to make progress toward a more equitable, affordable and accessible financial system for all. read more

DEC 18, 2023 - 7:32 am

Mid-size companies and private equity firms are embracing artificial intelligence by implementing the technology to assess data, automate processes and streamline financial operations, according to a new survey from Citizens. read more

DEC 14, 2023 - 6:59 am

The latest Biz2Credit Small Business Lending Index reported that small business loan approval percentages at big banks stalled for the first time since June (remaining at 13% in November), while small banks approval percentages continue to rise (up 0.2% from October to November). read more

DEC 13, 2023 - 6:57 am

The CBIZ Small Business Employment Index reported a seasonally adjusted increase of 0.15% in November after experiencing two consecutive months of declines in hiring. read more

DEC 13, 2023 - 6:47 am