According to a survey from Merchants Fleet, 87% of U.S. consumers are about the environmental impact of holiday package deliveries. More than half of survey respondents said they would buy more online if they knew shipments would be delivered by electric vehicle. read more

NOV 8, 2023 - 7:13 am

MPOWER Financing closed on debt financing that propelled the firm’s overall lending capacity to more than $300 million. The funding included commitments from Deutsche Bank, Goldman Sachs and Värde Partners. read more

NOV 8, 2023 - 7:11 am

First Citizens Bank is contributing $200,000 to nonprofit organizations providing housing relief and other essential assistance in areas impacted by the recent Hawaii wildfires. read more

NOV 8, 2023 - 7:08 am

Moritt Hock & Hamroff was recognized in the 2024 edition of Best Law Firms nationally in one practice area and regionally in four practice areas, earning national recognition for its bankruptcy and creditor debtor rights/insolvency and reorganization law practice. read more

NOV 8, 2023 - 7:05 am

LeaseWorks, a provider of cloud-based solutions and services, signed aircraft lessor BBAM as its first customer for the recently launched LeaseWorks Utilization Tracker within the Aeris MATCH software ecosystem. read more

NOV 6, 2023 - 6:12 am

The Federal Reserve announced on Thursday stated that it will maintain the target range for the federal funds rate between 5.25% and 5.5%. The Fed made a similar decision in September, pausing its run of hikes aimed at curbing rising inflation that began in March 2022. read more

NOV 3, 2023 - 7:06 am

Equipment rental company H&E Equipment Services acquired the equipment rental assets of Giffin Equipment, a California-based provider of non-residential construction and industrial equipment. read more

NOV 3, 2023 - 6:53 am

Thomas R. Nides, vice chairman of Wells Fargo, will leave the company to return his attention to events in the Middle East. Nides joined Wells Fargo in September after retiring in July as U.S. ambassador to Israel, a post he had held since 2021. read more

OCT 30, 2023 - 7:23 am

Ares Management closed Ares Pathfinder Fund II at $6.6 billion in commitments. The fund was oversubscribed and closed at its hard cap, which exceeded its $5 billion target. read more

OCT 30, 2023 - 7:18 am

Republic First Bancorp, the parent company of Republic Bank, and the Norcross Braca Group signed a securities purchase agreement to effectuate a $35 million investment by the Norcross Braca Group. read more

OCT 30, 2023 - 7:16 am

According to the International Data Corporation’s recently published worldwide information technology industry predictions for 2024 and beyond, by 2025, Global 2000 organizations will allocate more than 40% of their core IT spend to artificial intelligence-related initiatives. read more

OCT 27, 2023 - 7:16 am

Penske Truck Leasing added Xos 100% battery-electric trucks to its fleet, specifically the Xos Stepvan. Penske will deploy the trucks with multiple customers in various industries. read more

OCT 27, 2023 - 7:11 am

For the entire month of September, employees at Transervice Logistics collected books, CDs, DVDs and magazines for The Book Fairies, a book donation organization based in Freeport, NY. read more

OCT 27, 2023 - 7:05 am

Brightwood Capital Advisors provided financing to support the acquisition of Southern Elevator Group, a provider of elevator maintenance, modernization, installation and repair services, by Plexus Capital. read more

OCT 27, 2023 - 7:03 am

According to the second annual BMO Climate Institute Business Leaders Survey, the business impact of climate change is driving more business leaders to think about mitigation plans, especially in the U.S. read more

OCT 26, 2023 - 7:22 am