Press Releases

C$880 million acquisition will enhance Saint-Gobain’s position in light and sustainable construction and further strengthen its product portfolio in Canada.

MALVERN, Pa.--(BUSINESS WIRE)-- Saint-Gobain has completed the acquisition, announced on April 3, 2024, of The Bailey Group of Companies (Bailey), a leading manufacturer of metal building solutions in Canada. With approximately 690 employees working across twelve manufacturing sites throughout Canada,... (continue reading...)

110-Acre Retail Hub with Market-Dominant Position and Strong Tenant Sales

NORTH BETHESDA, Md., June 3, 2024 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) is pleased to announce the acquisition of Virginia Gateway, an approximately 665,000-square-foot irreplaceable regionally-dominant retail center spanning 110-acres in Gainesville, Virginia, for $215 million. The property is approximately 95% occupied and features strong tenant sales and high traffic... (continue reading...)

Crypto enthusiasts, prepare yourselves for an unparalleled gaming experience! The highly anticipated next-gen blockchain game, Celestial Chaos, is set to revolutionize the world of NFT gaming. This groundbreaking turn-based RPG combines a galaxy-themed lore, advanced token standards, and innovative gameplay mechanics to create an immersive and thrilling universe for players. Here's a sneak peek into what makes Celestial Chaos the game to watch.

Lucid Motors (NASDAQ: LCID), an American manufacturer of luxury electric vehicles, plans to lay off 400 employees, which is about 6% of its headcount. Last year, the company laid off 1,300 employees. This is part of Lucid Motors’ strategic move to deal with slower growth and streamline operations for future success.

When the company announced plans to lay off employees, it sent ripples through the industry. This news came at a pivotal moment for the company,... (continue reading...)

Yearly event reunites patients treated in the Richard D. Wood Jr. Center for Fetal Diagnosis and Treatment with their care team and other families

PHILADELPHIA, June 3, 2024 /PRNewswire/ -- Yesterday, more than 2,700 people gathered at the Philadelphia Zoo to celebrate Children's Hospital of Philadelphia's (CHOP) 28th annual reunion for patients and families treated at the Richard D. Wood Jr. Center for Fetal Diagnosis and Treatment (CFDT). This year the event was... (continue reading...)