Apple to layoff of 614 employees in California

Apple Inc. has announced the layoff of 614 employees across various facilities in Santa Clara, California. This move marks the tech giant's first major reduction in workforce since the onset…

NNR April 5, 2024

Wire

Virtusa Corporation has acquired ITMAGINATION in Poland

Virtusa Corporation, a global provider of digital strategy services and solutions announced the acquisition of ITMAGINATION Sp. z o.o., a leading technology consulting firm headquartered in Warsaw, Poland. This strategic…

Chenos Kahn April 5, 2024

Wire

Kia presents roadmap to lead global electrification era through EVs, HEVs and PBVs

2024 CEO Investor Day Kia Corporation is accelerating its transformation into a leading provider of sustainable mobility solutions. At the recent CEO Investor Day in Seoul, the company unveiled its…

NNR April 5, 2024

Wire

Hitachi Industrial Equipment Systems acquires Mitsubishi Electric’s Distribution Transformer Business

TOKYO: Hitachi Industrial Equipment Systems Co., Ltd., headquartered in Chiyoda-ku, Tokyo, has reached an agreement with Mitsubishi Electric Corporation to acquire the latter’s distribution transformer business from its Nagoya Works.…

NNR April 5, 2024

Wire

Tokens.com has acquired AI and robotics firm, Simulacra Corporation

TORONTO: In a significant move within the technology investment landscape, Tokens.com Corp. (TSX-V: COIN) has entered into a definitive agreement to acquire Simulacra Corporation, a Nevada-based innovator in artificial intelligence…

NNR April 5, 2024

Wire

Trinity Investments, Oaktree Capital, and UBS consortium acquires Park Hyatt Zurich

LONDON: A consortium consisting of Trinity Investments, Oaktree Capital Management, and UBS Asset Management’s Real Estate & Private Markets Multi-Managers business has successfully acquired the prestigious Park Hyatt Zurich. “The…

NNR April 5, 2024

Wire

Full Glass Wine Co. raises $14M in Series A Funding; acquires Bright Cellars

Full Glass Wine Co., a leader in direct-to-consumer wine sales, has announced the closure of a $14 million Series A funding round led by Shea Ventures. Alongside this, the company…

NNR April 5, 2024

Wire

GHD has appointed Jim Giannopoulos as Chief Executive Officer

MELBOURNE: Global professional services company, GHD, has appointed Jim Giannopoulos as Chief Executive Officer, succeeding Ashley Wright and effective 2 April 2024. The planned transition process, announced to shareholders and…

NNR April 5, 2024

Wire

ICON Aircraft files Chapter 11; aims for business sale

ICON Aircraft, the creator of the innovative ICON A5 amphibious sport plane, has declared the initiation of a strategic restructuring by filing for Chapter 11 bankruptcy protection. The company has…

NNR April 4, 2024

Wire

Nathan Morris becomes Chief Operating Officer at ALKEME

ALKEME, recognized among the top 40 insurance brokerages nationwide, has elevated its Chief Revenue Officer, Nathan Morris, to the role of Chief Operating Officer (COO), effective immediately. Morris, who has…

NNR April 4, 2024

Wire

OmniSource has acquired Toledo Shredding, a subsidiary of ProTrade Group

Brown Gibbons Lang & Company (BGL) announced the sale of Toledo Shredding LLC, a subsidiary of ProTrade Group, which is a fully integrated scrap metal company specializing in ferrous and…

NNR April 4, 2024

Wire

BradyPLUS has acquired EcoIndustrial in Northeastern Pennsylvania

LAS VEGAS: BradyPLUS, a leading distributor of janitorial / sanitation (JanSan), foodservice disposables and industrial packaging products, has acquired The EcoIndustrial Family of Companies, distributors serving the greater Northeastern Pennsylvania…

NNR April 4, 2024