Statement News

LONDON--(BUSINESS WIRE)--The short-term impact of the U.S./Israeli conflict with Iran on the credit quality of (re) insurers has been limited, according to AM Best. However, a prolonged conflict may have wider market implications. In its new Best’s Commentary, "Prolonged Middle East Conflict Will Test Global Market Resilience of (Re)Insurers", AM Best states that it is continuing to monitor and assess the situation for any impact on ratings. At present, the insurance impact to domestic and inte...

HAVANA & MIAMI--(BUSINESS WIRE)--In spite of record electricity outages and its worst fuel shortage in years, the Cuban people are speaking out with the boldest protests seen on the island since the historic events of July 11, 2021. Despite limited internet access and the authoritarian Cuban regime’s speech restrictions, the Cuban people are sharing their increasingly defiant and unequivocal calls for freedom by sending video messages to allies on and off the island. The Assembly of the Cuban R...

WASHINGTON--(BUSINESS WIRE)--Statement from National Multifamily Housing Council (NMHC) President Sharon Wilson Géno and National Apartment Association (NAA) President and Chief Executive Officer Bob Pinnegar: “For the last year, addressing housing affordability has rightfully been a top concern for Congress and the Administration. The House and Senate took significant steps toward achieving that goal by drafting the Housing for the 21st Century Act and the ROAD to Housing Act, respectively. "N...

HALIFAX, NS--(BUSINESS WIRE)--The Canadian Union of Public Employees (CUPE) is calling on the Nova Scotia Minister of Education and Early Childhood Development (EECD) to take urgent action to ensure Early Childhood Educators (ECEs) receive the back pay they have been owed for months. Despite having earned these wages, ECEs across the province are still waiting because the Department has not authorized the funding to flow to child care centres. Without this authorization, centres cannot issue th...

ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology in the property markets, today issued the following statement. Contrary to D. E. Shaw’s misleading claims, CoStar Group has never reported Homes.com results as a separate segment. CoStar Group changed our reporting segments from geography-based to product portfolio-based to align with how we run our business. Our new se...

NEW YORK--(BUSINESS WIRE)--Engine Capital LP (together with its affiliates, “Engine” or “we”), which owns approximately 3.2% of the outstanding shares of common stock of UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”), today released the following statement on behalf of Managing Partner Arnaud Ajdler regarding the Company’s announced sale to Cintas Corporation (NASDAQ: CTAS): “This is the right transaction, at the right price, with the right partner. We are pleased with this outc...

LUXEMBOURG--(BUSINESS WIRE)--Beretta Holding S.A. (“Beretta Holding” or “we”), a family-owned group leading the global premium light firearms, optics and ammunition industry and the largest shareholder of Sturm, Ruger & Company, Inc. (“Ruger” or the “Company”), with 9.95% ownership of the Company’s outstanding common stock, today issued the following clarification to fellow shareholders of Ruger: From the outset, Beretta Holding’s objective has been collaborative engagement focused on how w...

WASHINGTON--(BUSINESS WIRE)--With time running out for tens of thousands of taxpayers and a continuing case backlog, Frost Law urged the Internal Revenue Service to quickly establish procedures to allow more time for consideration of Employee Retention Credit (ERC) appeals. For taxpayers whose ERC claims were denied by the IRS, they have a two-year clock before the window closes to receive a refund. Many taxpayers with potentially valid claims have challenged their denials to the IRS and the IR...

FRUITVALE, British Columbia--(BUSINESS WIRE)--CUPE 2087 members have voted 100 percent in favour of strike action, in a vote held last Wednesday (March 4). “Our members are proud to provide public services in this community, and taking a strike vote is not a step we take lightly,” said CUPE 2087 Vice President Kevin Pii. “But like everyone else, our members are facing rising costs for everyday necessities like food, housing, and gas. Strike action is always a last resort, and our goal remains r...

OTTAWA--(BUSINESS WIRE)--In his 30-year career as a nurse at Bruyere Health, Douglas Currier has never seen staff so thoroughly demoralized. Chronic understaffing and perpetual overwork have left workers burnt out. But instead of getting a reprieve in the form of additional staffing, provincial funding cuts have prompted the hospital to announce 55 layoffs: 46 personal care aides and 9 nurses. Currier, the president of CUPE 4540, which represents about 850 staff at Bruyere, said he was shocked...