NEWTON, Mass.–(BUSINESS WIRE)–Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities. The maturity date of the Facilities is January 29, 2027. OPI has a one-year extension option for the $325 million secured revolving credit facility, subject to the payment of an extension fee and satisfa
Month: January 2024
Flow Beverage Corp. Reports Q4 and Fiscal 2023 Financial Results, Provides Strategic Update and FY 2024 Outlook
TORONTO–(BUSINESS WIRE)–Flow Beverage Corp. (TSX:FLOW; OTCQX:FLWBF) (the “Company” or “Flow”), today announced its financial results for the fiscal quarter and year ended October 31, 2023 ( “Q4 2023” and “FY 2023,” respectively). All currency amounts are stated in Canadian dollars unless otherwise noted. Nicholas Reichenbach, Chairman and Chief Executive Officer of Flow, stated: “Our recent momentum in co-pack contract wins has improved our outlook towards Flow’s profitability, having achieve
A Closer Look at The Pros and Cons of AI in Business
As businesses navigate the complex landscape of AI integration, a nuanced understanding of both the advantages and challenges is imperative.
JetBlue Names Warren Christie Chief Operating Officer
NEW YORK–(BUSINESS WIRE)–JetBlue Airways (NASDAQ: JBLU) today announced the promotion of Warren Christie to chief operating officer effective February 12, 2024, concurrent with the previously announced transition of current president and chief operating officer Joanna Geraghty to the role of chief executive officer. Christie will report to Geraghty. “I’m thrilled that my first leadership appointment is to promote Warren into the role of chief operating officer, where he will help lead our tea
Indian economy is ‘looking like a wow’: Birla
India is striding forward with unwavering optimism even as large pockets of the world remain engulfed in pessimism, Birla added
Once China’s biggest developer, Evergrande ordered to liquidate
The developer was once considered too big to fail, but it over-borrowed and was hurt by China’s weakening property market.
US Lawmakers Tell DOJ to Quit Blindly Funding ‘Predictive’ Police Tools
Members of Congress say the DOJ is funding the use of AI tools that further discriminatory policing practices. They’re demanding higher standards for federal grants.
Sony scraps $10 bn merger as Zee failed to meet financial terms: Report
India’s Zee denied the allegations in a letter to Sony, also reviewed by Reuters, and accused the Japanese company of “bad faith” in calling off the merger
Global Indoor Air Quality (IAQ) Equipment Market Report 2023-2029: New Ground-Breaking Air Purification Technologies for Enhancing IAQ – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Indoor Air Quality (IAQ) Equipment Market – Product Types and End-Use Applications” report has been added to ResearchAndMarkets.com’s offering. Several parameters are used for measuring Indoor Air Quality (IAQ), the most important of which comprise levels of carbon dioxide (CO2), relative humidity, volatile organic compounds (VOCs), particulate matter (PM2.5 & PM10) and bioaerosols. While it is imperative that these be maintained within limits as prescri
Mixed-Use Plans for Bishop Ranch Include Converting Chevron HQ into Homes, Retail
Sunset Development Adding 2,600 For-Sale and Rental Homes at San Ramon, California, Development