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
A co-owner of Springfield’s First Watch restaurants is suing his business partner. Joseph Hulston, a 50% co-owner of Ozark Endeavors LLC, is suing James Tillman, the other co-owner, for fraud, misappropriation of funds, and breach of fiduciary duty. James Tillman’s wife, Lisa Tillman, also is a defendant. Ozark Endeavors, LLC manages various LLCs operating First
Investors in Coupang(NYSE: CPNG), South Korea’s biggest e-commerce company, have had a challenging time over the last few years. The company went public on March 11, 2021, at $35 per share and closed at an all-time high of about $50 later that month. But in the subsequent months and years, it slowly gave up all
A northwest Louisiana manufacturer will expand its production facility with a $50 million investment in the growing data sector. Fibrebond Corp. announced Thursday it will expand and enhance its production facility in Webster Parish. This investment will support data center, telecommunications, industrial and utility projects across the United States. Fibrebond is a family-owned company and
Some of the world’s largest banks and financial institutions are cutting their head counts to tighten budgets amid uncertain economic times, and the phenomenon has hit New Jersey. Data from state filings showed that five financial institutions announced New Jersey layoffs so far in 2024: The Bank of New York Mellon Corporation, TD Bank, Prudential
WEST LAFAYETTE, Ind. — It’s official. SK hynix Inc., the world’s leading producer of high-bandwidth memory chips, will invest an estimated $3.87 billion in West Lafayette to build an advanced packaging fabrication and research and development facility for artificial intelligence products. This news came as leaders from the United States, South Korea, SK hynix, Indiana,
CHILLICOTHE –– Delano Industrial, LLC, JobsOhio, Ohio Southeast Economic Development (OhioSE), Ohio Department of Development, and Greater Chillicothe & Ross County Development announced the development of the Delano Industrial Park Spec Building will be supported by a $910,000 JobsOhio Grant through the Ohio Site Inventory Program. “The new Delano Industrial Park speculative building will come
A clever stock ticker is more than just a gimmick. Whether it’s WOOF, EAT, or even the initials of a former president, a memorable stock symbol can help companies attract investors. One 2006 study from Princeton University psychologists found that stocks with ticker symbols that are easier to pronounce tend to perform better in the
WASHINGTON – Former President Donald Trump is facing money challenges as he contends with legal fights on multiple fronts while trying to raise cash for his bid to reclaim the White House. In a civil fraud case, Trump has been ordered to pay a half-billion dollar bond which his lawyers have called a “practical impossibility.”