March 16, 2025

tag:Company News

Investors

Investors regain confidence as inflation calms

Recent economic data has eased the recession fears that loomed earlier in August, diminishing the likelihood of large rate cuts by the Federal Reserve and boosting investor confidence in risk assets. The S&P 500 and Nasdaq 100 indices saw their strongest week since late October 2023 as of Friday midday trading, driven by encouraging economic

Read More
Property

Market Basket buys Seekonk Showcase Cinemas property. What are its plans?

SEEKONK, Mass. − Market Basket‘s parent company, Demoulas Super Markets, purchased the Showcase Cinemas property in Seekonk in a leaseback deal with the theater company. According to land records, the deal was for $9.5 million and was signed in July. In a one-sentence statement, an unnamed Showcase Cinemas spokesperson wrote that the theater was sold

Read More
Funds

Watchdogs to monitor air pollution with Shell penalty funds

POTTER TWP. ― Environmental watchdog groups plan to leverage more than $630,000 in Shell penalty funds to install five real-time air monitors throughout Beaver County – gathering data to evaluate the possible public health impacts of air pollution in the region. The Beaver County Marcellus Awareness Community will work with the Environmental Health Project to

Read More
Investment

Asheville-based renewable energy company receives $650M investment

ASHEVILLE – A local renewable energy company has received a over half billion dollar investment to allow the company to expand their services and continue the development, operation and financing of solar energy production and energy storage facilities. Pine Gate Renewables, based in Asheville, has received a $650 million investment from three investment partners: Generate

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline