Business News

NEW YORK--(BUSINESS WIRE)--Sean Callagy, one of the country’s foremost speakers, visionary entrepreneurs and success strategists, had a heart-to-heart conversation with Ralph Macchio, star of the generation-defining “Karate Kid” hit movie franchise. During the interview Macchio opened up about his life before stardom, the making of the landmark film and the career ups-and-downs that followed. The interview can be heard on Callagy’s “Unblinded” podcast, available on Apple Podcasts at https://pod...

BATON ROUGE, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank will celebrate the awarding of a $1.2 million Affordable Housing Program (AHP) grant to Gulf Coast Housing Partnership (GCHP) for the development of Lotus Village at the Lake, an affordable housing community for older adults. The event is part of a multicity tour celebrating $12 million in funding delivered to Louisiana communities through a 25-year partnership between R...

MINNEAPOLIS--(BUSINESS WIRE)--Dorsey & Whitney LLP is pleased to announce that its Managing Partner Peter Nelson has received the 2025 TCB 100 award, which honors 100 people in and around Minnesota businesses who are poised to make news and drive change in the year ahead. “I am honored to receive this recognition and grateful to the editors of Twin Cities Business for their consideration,” said Peter Nelson, Dorsey’s Managing Partner. “I am chiefly indebted to the attorneys and business pro...

NEW YORK & PARIS--(BUSINESS WIRE)--OpenGate Capital (“OpenGate”), a global private equity firm specializing in complex corporate carve-outs and operational transformations across the industrial and business services sectors, announced today that its portfolio company Sargent and Greenleaf (“S&G”) has completed the sale of its high-security locking division to ASSA ABLOY, a global leader in access solutions. OpenGate acquired S&G from Stanley Black & Decker in May 2019. In December 2...

SHANGHAI--(BUSINESS WIRE)--The “Four-Leaf Clover”, which the National Exhibition and Convention Center (NECC) shapes like, once again became the world’s business capital as the eighth China International Import Expo (CIIE) was held from November 5 to 10, 2025. This year, six guest countries of honor — Sweden, the United Arab Emirates (UAE), Colombia, Nigeria, Thailand, and Georgia — headlined the event, representing four continents and a shared commitment to open, sustainable growth. New Sectio...

NEW YORK--(BUSINESS WIRE)--Payroll Growth Partners (“PGP”) of the Zebec Network and the National Payment Corporation (NatPay), a leading ACH and document distribution provider, announced a strategic partnership to power next-generation payroll and disbursement platform with bank-grade direct deposit infrastructure and optional Web3 payout rails. NatPay, in business since 1991, processes more than $170 billion annually for over 300,000 ACH clients, making it one of the U.S. largest providers of...

READING, Pa.--(BUSINESS WIRE)--SAI MedPartners (“SAI”), a global consultancy providing strategic insights and analytics to the pharmaceutical, biotechnology, and medical device industries, is pleased to announce that it has acquired The Dunn Group (“TDG”). Northlane Capital Partners (“NCP”) partnered with management to acquire SAI in June 2022. TDG, headquartered in Totowa, NJ, is a competitive intelligence firm that focuses on providing primary business intelligence to clients in the pharmaceu...

MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent), the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) and the Mexico National Scale Rating of “aaa.MX” (Exceptional) of El Aguila, Compañia de Seguros, S.A. de C.V. (El Aguila) (Mexico City, Mexico). The outlook of these Credit Ratings (ratings) is stable. These ratings reflect El Aguila’s balance sheet strength, which AM Best assesses as strong, as well as its marginal ope...

NEW YORK--(BUSINESS WIRE)--Reliance Financial, a leading provider of revenue-based financing and non-dilutive capital solutions for small and mid-sized businesses, today announced that it has achieved a record month of origination volume in November, marking a significant milestone in the company’s continued nationwide expansion. This achievement caps what has been a transformational year for Reliance. Earlier in the year, the company finalized its strategic capital partnership with a prominent...

NEW YORK--(BUSINESS WIRE)--On December 1, 2025, Lubbock, Texas-based South Plains Financial, Inc. (NASDAQ: SPFI) (“South Plains” or “the company”), parent of City Bank, announced its entrance into a definitive merger agreement with Houston, Texas-based BOH Holdings, Inc. (“BOH”), the parent company of Bank of Houston. The all-stock transaction, valued at approximately $106 million (P/TBV 1.4x), is expected to close between 1Q26 and 2Q26, subject to customary and shareholder approvals. Under the...