Business Update News

AMSTERDAM--(BUSINESS WIRE)--Nebius (NASDAQ: NBIS), the AI cloud company, today announced that the core engineering and research team from Clarifai, led by founder and CEO Matthew Zeiler, is joining Nebius. Nebius has also agreed to license Clarifai’s inference and compute orchestration technology. The transaction will further strengthen Nebius Token Factory as a full-stack inference platform following Nebius’s recently announced acquisition of Eigen AI. While Eigen AI optimizes at the model lev...

TORONTO--(BUSINESS WIRE)--CHEMTRADE LOGISTICS INCOME FUND ANNOUNCES VOTING RESULTS FROM THE ANNUAL MEETING OF UNITHOLDERS...

PEMBROKE, Bermuda--(BUSINESS WIRE)--Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or the “Company”) announced today that AM Best has upgraded the Financial Strength Rating to “A” (Excellent) for Hamilton Select Insurance, Inc. (“Hamilton Select”), the Company’s US excess and surplus lines (“E&S”) underwriting platform. The outlook of this Credit Rating is stable. AM Best noted that the ratings upgrade of Hamilton Select is primarily driven by recent enhancements of the explicit supp...

EL DORADO, Ark.--(BUSINESS WIRE)--Murphy USA Inc. (“Murphy USA”) (NYSE: MUSA) announced today that it has priced its previously announced private offering of $500 million aggregate principal amount of senior notes due 2034 (the “Notes”) by its wholly owned subsidiary, Murphy Oil USA, Inc. (the “Issuer”). The Notes will be guaranteed on a senior unsecured basis by Murphy USA and by certain of Murphy USA’s domestic subsidiaries. The Notes will be issued at an issue price of 100.000%. The offering...

SAN ANTONIO--(BUSINESS WIRE)--Victory Capital Reports April 2026 Total Client Assets...

SEATTLE--(BUSINESS WIRE)--Possible Financial Inc. ("Possible"), the mission-driven financial health company rebuilding the foundation for financial mobility, released its Impact Report, documenting a year of meaningful progress in the company's mission to make financial health possible for every American. Key milestones include surpassing $650 million in cumulative customer savings, expanding the Possible Loan to 19 new states, and demonstrating the real-world effectiveness of its Relief Plan b...

GREENWICH, Conn.--(BUSINESS WIRE)--QXO, Inc. (“QXO” or the “Company”) (NYSE: QXO) today issued its financial results for the first quarter 2026. The Company reported a basic and diluted loss per common share of $(0.35) and an Adjusted Diluted Loss per Common Share, a non-GAAP financial measure, of $(0.12) for the three months ended March 31, 2026. FIRST QUARTER 2026 SUMMARY RESULTS   Three Months Ended March 31, (in millions, except for per share data)   2026       2025   Net sales $ 1,730.2  ...

CHICAGO--(BUSINESS WIRE)--Hyatt Hotels Corporation (NYSE: H) today announced that Adam Rohman has been appointed Head of Americas, effective July 1, 2026. Rohman succeeds Pete Sears, who is retiring following an extraordinary nearly 40-year career with Hyatt. Rohman currently serves as Senior Vice President, Investor Relations, Global Financial Planning & Analysis, and Treasurer. In his new role, he will oversee operations across Hyatt’s Americas region, including hotels within the Classics...

EAST AURORA, N.Y.--(BUSINESS WIRE)--Astronics Corporation (Nasdaq: ATRO) Reports 12% Sales Growth for First Quarter 2026...

MEDELLÍN, Colombia--(BUSINESS WIRE)--Grupo Nutresa S.A. (BVC: NUTRESA) shares its financial results for the first quarter of 2026. Grupo Nutresa recorded a solid performance during the first quarter of 2026, achieving total revenue of COP 5.2 trillion, representing a 6.6% increase compared to the same quarter of the previous year. These results are strengthened by positive volumes of 2.5% and average price improvements of 4.0% across the various regions and segments in which the organization op...