PacWest stock skyrockets on $1.1B buyout deal with banc of California
PacWest Bancorp's shares experienced a remarkable rise of nearly 30% in premarket trading on Wednesday after news broke of Banc of California's $1.1 billion acquisition offer.
Arbor Terrace Highland Park partners with Eugeria to introduce cutting-edge dementia technology, elevating memory care in Chicago
Arbor Terrace Highland Park, a prominent memory care community, has finally joined forces with Eugeria to introduce an innovative dementia technology known as the Tovertafel, setting a new standard for memory care in Chicago.
Connecticut’s opioid fight: a closer look at the financial boost and allocation questions
More than 1,500 people per week die from taking some type of opioid, according to the National Center for Health Statistics, making opioids by far the leading cause of fatal overdoses in the country.
Market uncertainty impends: Fed rate hike and tech earnings boom keep global investors on edge
As financial markets eagerly await the U.S. Federal Reserve’s interest rate decision today, a sense of cautious anticipation grips investors worldwide. Against the backdrop of surging tech earnings, global markets find themselves at a critical juncture. With the Federal Reserve...
What’s next from the Fed? Powell’s ‘triple play’
The Federal Reserve’s July decision is just around the corner, and all eyes are on Fed Chair Jerome Powell, expecting him to play three distinct cards, each with a different impact on the US Dollar, stocks, and Gold. With contradicting...
London court revives $3.5 billion mass forex lawsuit against banks
A London court on Tuesday rekindled a lawsuit seeking £2.7 billion ($3.5 billion) against major banks, including JPMorgan (JPM.N) and Citigroup (C.N), over alleged foreign exchange rigging. The case, originally initiated by Phillip Evans, former chair of Britain’s Competition Markets...
Natixis Investment Managers forecast US as top performer for the rest of 2023
Market strategists, portfolio managers, research analysts, and economists have predicted that the United States is positioned to be the best destination for investors to allocate their funds for the latter half of 2023,,,
Corre Energy prepares to acquire US CAES Project
Corre Energy is in the final preparation stage to expand its international portfolio by acquiring a 280MW compressed air energy storage (CAES) project in the United States. The project, located in the West Texas region of ERCOT, is part of...