Newsroom

HOUSTON--(BUSINESS WIRE)--XGS Energy, Inc. (“XGS”), a developer of next-generation geothermal power systems, today announced it has been selected for an award by the U.S. Department of Energy’s (“DOE”) Advanced Research Projects Agency-Energy (“ARPA-E”) under its SUPERHOT program, which is providing up to $30 million in federal funding across eight selected projects. XGS’s project will adapt and validate XGS’s proprietary thermally conductive cement and well design for use in superhot geotherma...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to four classes of notes issued by Aqua Finance Issuer Trust 2026-C (“Aqua 2026-C”), an asset-backed securitization collateralized by marine and recreational vehicle contracts as well as home improvement contracts. Aqua 2026-C will issue four classes of notes totaling $291.8 million, collateralized by $315.5 million of contracts. Aqua 2026-C has initial credit enhancement levels ranging from 39.10% for the Class A notes to 8.00% for th...

CHICAGO--(BUSINESS WIRE)--OpenMP API v6.1 release...

PALO ALTO, Calif., & SINGAPORE--(BUSINESS WIRE)--&Truth Launches &Atlas, Mapping the Global Mission to Provably Verify All Software...

SAN JOSE, Calif.--(BUSINESS WIRE)--Calix honors seven partners helping service providers improve operations, grow revenue, and strengthen subscriber relationships....

PLANO, Texas--(BUSINESS WIRE)--Acima Digital, LLC and Acima Holdings, LLC ( together, “Acima”), wholly-owned subsidiaries of Upbound Group, Inc. (”Upbound”), have reached an agreement with the attorneys general of 43 states resolving the previously disclosed 2021 multistate investigation into rental-purchase transactions of Acima. Under the terms of the agreement, Acima will pay $53.5 million to the 43 states, with the majority being distributed to designated customers and the remainder to the...

LOS ANGELES--(BUSINESS WIRE)--Move Insoles, a specialized performance insole company focused on helping athletes perform at their best while staying active, today announced a new partnership with the National Basketball Athletic Trainers Association (NBATA). The collaboration brings together Move’s arch support technology and the expertise of top NBA athletic trainers to expand education and awareness around foot health, stability and athletic performance. Co-founded by Portland Trail Blazers s...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “bb+” (Fair) from “bb” (Fair) and affirmed the Financial Strength Rating (FSR) of B (Fair) of Tower Bonding and Surety Co., Inc. (Tower Bonding) (San Juan, PR). The outlook of the Long-Term ICR has been revised to stable from positive, while the outlook of the FSR is stable.The Credit Ratings (ratings) reflect Tower Bonding’s balance sheet strength, which AM Best assesses as adequate, as we...

México, Cidade do México--(BUSINESS WIRE)--AM Best afirmou o Financial Strength Rating (FSR) de A (Excelente) e o Rating de Crédito de Emissor de Longo Prazo de "a" (Excelente) da Junto Resseguros S.A. (Junto Re) e Junto Seguros S.A. (Junto Seg) (coletivamente denominadas Junto). A perspectiva desses Ratings de Crédito (ratings) é estável. Ambas as empresas estão domiciliadas no Brasil. Os ratings refletem a solidez do balanço patrimonial da Junto, que a AM Best avalia como mais forte, bem como...

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Junto Resseguros S.A. (Junto Re) and Junto Seguros S.A. (Junto Seg) (collectively referred to as Junto). The outlook of these Credit Ratings (ratings) is stable. Both companies are domiciled in Brazil. The ratings reflect Junto’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neu...