Business Update News

PENANG, Malaysia--(BUSINESS WIRE)--Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions, has opened its next-generation logistics hub in Penang. Jabil’s new Intelligent Logistics Hub (or the Hub) spans around 417,000 square feet and is located in the Valdor Industrial Park in Sungai Jawi, Penang. The digitalised facility is set to boost the company’s back-end operations and support customers’ rapidly growing product complexity and capacity demands us...

JUNO BEACH, Fla. & RICHMOND, Va.--(BUSINESS WIRE)--NextEra Energy, Inc. (NYSE: NEE) and Dominion Energy, Inc. (NYSE: D) today filed applications seeking regulatory approval of their proposed combination with the Virginia State Corporation Commission, the North Carolina Utilities Commission, the Public Service Commission of South Carolina, the Federal Energy Regulatory Commission and the Nuclear Regulatory Commission. America is entering an era of rapidly growing electricity demand that will req...

WINNIPEG, Manitoba--(BUSINESS WIRE)--Update on the Government of Nunavut Equity Option for a Minority Interest in Canadian North...

CHICAGO--(BUSINESS WIRE)--OFS Credit Company, Inc. (Nasdaq: OCCI, OCCIM, OCCIN) (“OFS Credit”, the “Company”, “we”, “us” or “our”), an investment company that primarily invests in collateralized loan obligation (“CLO”) equity and debt securities, today announced the following net asset value (“NAV”) estimate at June 30, 2026. Management’s unaudited estimate of the range of our NAV per share of our common stock at June 30, 2026 is between $3.28 and $3.38. This estimate is not a comprehensive sta...

BRYN MAWR, Pa.--(BUSINESS WIRE)--Aqua Pennsylvania announced it was awarded $74.3 million in a combination of principal forgiveness loans and low-interest loans through the Pennsylvania Infrastructure Investment Authority (PENNVEST). The funding will support several PFAS treatment projects, including at the Neshaminy Water Treatment Plant in Bucks County. This latest round of PENNVEST loans also marks a significant milestone in Aqua’s mission to seek out alternative funding sources. Since 2021,...

BOSTON--(BUSINESS WIRE)--Each of Pioneer Diversified High Income Fund, Inc. and Pioneer High Income Fund, Inc. announced today that the fund plans a final liquidating distribution on July 21, 2026. Each fund’s final liquidating distribution is anticipated to be paid in cash. Below is the expected distribution to be paid for each fund. All amounts are expressed per common share. Fund     Liquidating Distribution   Taxable Ordinary Income Distribution       Total Distribution   Pioneer Diversifie...

JASPER, Ind.--(BUSINESS WIRE)--Kimball Electronics, Inc. (Nasdaq: KE) today announced a significant milestone in its evolution, with the successful completion of the first phase of its rebranding to Kimball Solutions at its Jasper and Indianapolis, Indiana facilities, effective July 1, 2026. This milestone reflects the Company’s continued transformation from a traditional electronics manufacturing services (EMS) provider into a global, diversified manufacturing and engineering solutions partner...

OKLAHOMA CITY--(BUSINESS WIRE)--Oklahoma City's Professional Soccer Club Unveiled as OKC United...

NATIONAL HARBOR, Md.--(BUSINESS WIRE)--The Cyber AB, the official accreditation body for the Department of War’s Cybersecurity Maturity Model Certification (CMMC) program, acknowledges Monday’s Pentagon announcement of its suspension of CMMC Phase II requirements and the establishment of a CMMC Reform Task Force to conduct a 60-day review of the program. “While we are both surprised and disappointed in yet another momentary pause to this original and vital Trump Administration program, we are c...

ATLANTA--(BUSINESS WIRE)--QumulusAI, a neocloud infrastructure provider purpose-built for the AI computing era, today announced that it expects its common stock to begin trading tomorrow, Thursday, July 16, 2026, on the Nasdaq Global Market under the ticker symbol “QMLS.” The direct listing follows the U.S. Securities and Exchange Commission declaring the company's registration statement on Form S-1 effective on July 14, 2026. "Listing on the Nasdaq marks a transformative milestone for QumulusA...