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Ori Biotech Raises $30 Million in Series A Financing to Advance Innovation in Cell and Gene Therapy Manufacturing
LONDON and WOODCLIFF LAKE, N.J., Oct. 14, 2020 /PRNewswire/ — Ori Biotech Ltd (Ori), a leading innovator in cell and gene therapy (CGT) manufacturing, today announced the successful close of a $30 million Series A financing round, bringing the company’s total funding to date to $41 million. The new funding […]
British fleet company invests $46 million, brings 240 jobs to York County
A British company is going to make electric buses in South Carolina, a move that’s expected to create 240 new jobs and bring in millions in new investment. © Provided by WLTX-TV Columbia South Carolina Governor Henry McMaster announced that Arrival, an electric vehicle (EV) manufacturer specializing in zero-emission transportation […]
Cogeco pursues its growth in Ontario with $10 million investment in connectivity
Project will bring high-speed Internet to over 8,000 homes and businesses MONTRÉAL, Oct. 13, 2020 /CNW Telbec/ – As part of Cogeco Communications Inc.’s (“Cogeco”) (TSX: CCA) four-year commitment to invest more than $1 billion in the operation and expansion of its advanced Canadian broadband network, Cogeco Connexion, its subsidiary, is […]
Tetra Tech Wins $24 Million USAID Water Resources Management Contract
Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today that the U.S. Agency for International Development (USAID) awarded the Company a five-year, $24 million single award contract to strengthen regional capacity to manage shared water resources and mitigate environmental risks in Central Asia. […]
Apollo CEO, co-founder Leon Black and the $75 million connected to Jeffrey Epstein: report
Trump Organization Executive Vice President Donald Trump Jr. on the Trump campaign suing New Jersey over mail-in voting and alleged Clinton-Epstein ties. New reports suggest that Apollo CEO Leon Black may have funneled as much as $75 million to disgraced financier Jeffrey Epstein before supposedly cutting ties in 2018. The initial […]
Why investing money in the best shares at cheap prices can help you to make a million
The stock market crash has caused some of the best shares around to trade at cheap prices. This could present a buying opportunity for long-term investors. Solid businesses may offer less risk and higher growth potential than their peers. Buying them at low prices may provide greater scope for capital […]
Next-Generation Cloud Cost Management Innovator Yotascale Raises $13 Million in Series B Funding
SAN FRANCISCO, Oct. 12, 2020 /PRNewswire/ — Yotascale, the industry leader in next-generation cloud cost management software, announced today it secured $13 million for its Series B round, bringing its total capital raised to $25 million. The round was led by Felicis Ventures’ Aydin Senkut, alongside existing investors, Crosslink Capital, […]
Major Global Banks Invest $20 Million in BioCatch and Join American Express Ventures on New Client Innovation Board
NEW YORK & TEL AVIV, Israel–(BUSINESS WIRE)–BioCatch, the global leader in behavioral biometrics, today announced that four major global banks – Barclays, Citi, HSBC and National Australia Bank (NAB) – have invested $20 million in the company, extending the company’s recent Series C fundraising round to a total of $168 […]
Granite Awarded $16 Million Task Order Contract by the Federal Emergency Management Agency
WATSONVILLE, Calif.–(BUSINESS WIRE)–Oct 12, 2020– Granite (NYSE:GVA) announced it has been awarded a $16 million task order contract by the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) for the Permanent Housing Construction – New Construction for Disaster Declaration project in Saipan, CNMI. The contract will be booked […]
Citigroup to pay $400 million fine over risk management, compliance lapses
Citibank has agreed to pay a $400 million fine and overhaul its internal risk management, data protection and compliance controls to settle enforcement actions by the Federal Reserve Board and Office of the Comptroller of the Currency (OCC), the two regulators announced Wednesday. © The Hill the Citibank logo is […]
Citigroup fined $400 million for risk management deficiencies
© Peter Foley/Bloomberg via Getty Images A cyclist wearing a protective mask rides past a Citigroup Inc. Citibank bank branch in New York, U.S., on Thursday, July 9, 2020. Citigroup is scheduled to release earnings figures on July 14. Photographer: Peter Foley/Bloomberg via Getty Images Federal banking regulators will fine […]
Oxford Finance Provides $55 Million Credit Facility to SpendMend
ALEXANDRIA, Va. and GRAND RAPIDS, Mich., Oct. 8, 2020 /PRNewswire/ — Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to healthcare services and life sciences companies worldwide, today announced the closing of a $55 million senior credit facility and revolving line of credit to SpendMend (or […]
Colorado Access Awards $1.83 Million for Health Innovation
Colorado Access Awards $1.83 Million for Health Innovation PR Newswire DENVER, Oct. 7, 2020 Funding will support addressing health inequities exacerbated by COVID-19, as well as telehealth programs that will impact the lives of local communities DENVER, Oct. 7, 2020 /PRNewswire/ — Colorado Access, a nonprofit community-based health plan striving […]
Apollo Global Management’s SPAC Spartan Acquisition II files for a $400 million IPO
Spartan Acquisition II, the second blank check company formed by Apollo Global Management targeting the North American energy industry, filed on Friday with the SEC to raise up to $400 million in an initial public offering. The New York-based company plans to raise $400 million by offering 40 million units at […]
Backed by $1.45 Million investment, the BoringDAO Makes Bitcoin Not ‘Boring’
10/09/2020, Victoria // KISSPR // Victoria, Seychelles – Recently, DeFi fever has drawn much attention from both the crypto and the traditional world. With few solutions available, BTC holders, holding 18 million Bitcoins in more than 30 million addresses, can barely do anything but watch the Ethereum DeFi carnival. The […]
Auto Experience, Inc. Proposes To Acquire Auto Finance Firm Consumer Portfolio Services For $135 Million In Cash
DALLAS, Oct. 8, 2020 /PRNewswire/ — Auto Experience, Inc., created in 2018 to pursue strategic business opportunities in the automobile financing market, today announced it has informed the board of directors of Consumer Portfolio Services, Inc. (Nasdaq: CPSS) of its interest in acquiring the company in an all-cash transaction valued […]
Atlanta-Based VIVA Finance Secures $2.3 Million in Funding to Expand Access to Credit
Fueling its efforts to expand access to credit and greater financial health, Atlanta-based fintech lender VIVA Finance has closed a $2.3 million seed round led by Acumen Fund. VIVA is an online lending platform that differentiates itself by underwriting loans based on employment data rather than credit score, enabling more […]
Lowe’s Spends Over $100 Million on Pandemic Bonus for Workers
Lowe’s (LOW) – Get Report said Wednesday it would spend another $100 million in bonuses for U.S. hourly employees this month to recognize their service during the coronavirus pandemic, bringing the total to $775 million. Shares of the Mooresville, North Carolina-based home-improvement retailer were rising 2% to $167. Lowe’s said that all […]
US job postings edge lower, to 6.49 million
Martin Crutsinger, Ap Economics Writer Updated 10:31 am CDT, Tuesday, October 6, 2020 FILE – In this Wednesday, Sept. 2, 2020, file photo, passers-by walk past a business storefront with store closing and sale signs in Dedham, Mass. U.S. employers advertised for slightly fewer jobs in August while their hiring ticked […]