SAKURA internet launches BBIX’s Open Connectivity exchange
A provider of cloud computing services, will launch Open Connectivity eXchange (“OCX”) provided by BBIX, Inc. (“BBIX”), a subsidiary of SoftBank Corp. that operates an Internet Exchange (IX) business, and BBSakura Networks, Inc. (“BBSakura”), a network solutions provider and subsidiary…
Blackstone Real Estate to Take Tricon Residential Private
Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that they have entered into an arrangement agreement (the “Arrangement Agreement”) under which Blackstone Real Estate Partners X together with Blackstone Real Estate…
PROLOGIS REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS
The global leader in logistics real estate, today reported fourth quarter results for 2023. Net earnings per diluted share was $0.68 for the fourth quarter of 2023 compared with $0.63 for the fourth quarter of 2022. Net earnings per diluted share for the year ended December 31,…
SolMicroGrid Announces Appointment of Kirk Edelman as Chief Executive Officer
SolMicroGrid, an Energy-as-a-Service microgrid company focused on commercial and industrial (“C&I”) end markets, announced today the appointment of Kirk Edelman as Chief Executive Officer, effective immediately. Kirk joins SolMicroGrid following recent senior executive roles at Safari Energy, a solar-focused renewables…
Tiger Woods’ Net Worth and Businesses—PGA, Nike, Gatorade, and a Mini Golf Chain
Golf legend Tiger Woods may have parted ways with Nike after 27 years, but he has made millions from his career as a pro golfer and lucrative endorsement deals with other major brands including Gatorade, Rolex, and Monster Energy. Considered one of…
Goldman Sachs Reports 2023 Full Year and Fourth Quarter Earnings Results
The Goldman Sachs Group, Inc. (NYSE: GS) today reported net revenues of $46.25 billion and net earnings of $8.52 billion for the year ended December 31, 2023. Net revenues were $11.32 billion and net earnings were $2.01 billion for the…
Schwab Reports Fourth Quarter and Full Year Results
The Charles Schwab Corporation announced today that its net income for the fourth quarter of 2023 was $1.0 billion compared with $2.0 billion for the fourth quarter of 2022. Net income for the twelve months ended December 31, 2023 was…
Mastercard is unlocking efficiencies in B2B healthcare payments through innovative partnership
Scaling the use of virtual cards to bring faster payments and reconciliation to healthcare providers and insurance companies Fragmented, slow and inefficient payment processes have long been a challenge within the healthcare ecosystem. Just as a patient may be frustrated…
Humana Inc. Reschedules Fourth Quarter 2023 Earnings Call to Thursday, January 25, at 9:00 a.m. E.T.
Humana Inc. (NYSE: HUM) will release its financial results for the fourth quarter 2023 (4Q23), as well as prepared management remarks (in PDF format), on Thursday, January 25, 2024, at approximately 6:30 a.m. Eastern time. The company will host a…
Allianz Risk Barometer: A cyber event is the top global business risk for 2024
Cyber incidents such as ransomware attacks, data breaches, and IT disruptions are the biggest worry for companies globally in 2024, according to the Allianz Risk Barometer. The closely interlinked peril of Business interruption ranks second. Natural catastrophes (up from #6 to #3 year-on-year), Fire, explosion (up from #9…
Ping An Named Brand Finance’s Most Valuable Insurance Brand in China for the 8th Consecutive Year
Leading brand valuation consultancy Brand Finance has named China’s Most Valuable Insurance Brand as Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An”, the “Company” or the “Group”, HKEX: 2318 / 82318; SSE: 601318). This is the eighth…
Rate rises and pre-Christmas sales saw household spending drop sharply in December
The monthly CommBank Household Spending Insights (HSI) Index fell sharply in December, dropping 3.9 per cent, as the cumulative effect of successive interest rate rises as well as consumers bringing forward holiday spending flowed through to household spending. Spending fell in…