Fuelcell Energy slashes 17% of workforce in major global restructuring
FuelCell Energy has announced a sweeping global restructuring plan, slashing 17% of its workforce in a bid to stabilize operations amidst mounting financial pressures. The ... Read More
Sodalis Group acquires HRB Brands in strategic expansion into American market
In a landmark development poised to redefine the dynamics of the beauty and personal care industry, the European-based Sodalis Group has announced its acquisition of ... Read More
Lovesac stock skyrockets 25% – Is this the next big retail sensation?
Lovesac, the innovative home furnishing company known for its unique modular furniture, saw its shares soar by 25% following the release of its second-quarter fiscal ... Read More
Altus Power acquires 84MW solar arrays from Vitol for $118m to expand Northeast presence
Altus Power (NYSE: AMPS), a leader in commercial-scale clean electric power, today announced a significant expansion of its portfolio with the acquisition of approximately 84 ... Read More
Unsolved mystery in Connecticut: Two Indian students die, leaving families in despair
In a shocking turn of events, two Indian students hailing from Telangana and Andhra Pradesh were found dead in their Connecticut accommodation in the US, ... Read More
US East Coast engulfed by severe storm: Over 300,000 without power in devastating weather event
A massive storm system, which initially struck South Carolina with record-breaking flooding, has now escalated to a full-blown crisis on the East Coast. More than ... Read More
SS&C Technologies acquires Iress’ managed funds division
In a significant move that solidifies its stronghold in the global financial services sector, SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a foremost provider of services ... Read More
Campbell Soup to invest $50m to enhance Camden facilities
Campbell Soup is planning to invest around $50 million over the next three years, to consolidate its snacks offices in Charlotte, North Carolina, and Norwalk, ... Read More
Arlington Capital Partners acquires AVS Bio from Charles River Laboratories
Arlington Capital Partners, a US-based private equity firm, has acquired Avian Vaccine Services business from Charles River Laboratories. The terms of the transaction were not ... Read More
Wipro to acquire SAP consulting firm Rizing for $540m
Wipro has agreed to acquire Rizing Intermediate Holdings, a US-based SAP consulting firm, for $540 million in a move to considerably grow its breadth of ... Read More