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Safe and Green Development Corporation Expands Resource Group Operations with New Equipment at Sarasota and Myakka City Sites
Globenewswire· 2025-10-22 12:30
Core Insights - Safe and Green Development Corporation has announced the delivery and deployment of new industrial processing equipment to enhance its operations in Southwest Florida, specifically targeting engineered soils, composting, and green-waste recycling [1][3][4] Equipment Details - The new equipment includes the Komptech Crambo Mobile shredder, which is designed for processing large volumes of organic and woody materials, and the Diamond Z DZH6000 Series grinder, which enhances grinding capacity for wood waste and green debris [2][3] Operational Impact - The newly deployed equipment is expected to improve production capacity, reduce processing times, and enhance overall site efficiency, thereby meeting the growing demand for the company's engineered soil and compost products [3][4] Strategic Alignment - The expansion of processing capabilities aligns with the company's focus on scalable, revenue-generating infrastructure, allowing for greater material processing efficiency and broader product distribution across its composting and recycling network [4] Company Overview - Safe and Green Development Corporation, formed in 2021, focuses on real estate development and environmental solutions, including the operation of an 80+ acre organics processing facility in Florida, which processes source-separated green waste and is expanding into sustainable potting media production [5]
Archer Named Exclusive Air Taxi Partner For The Los Angeles Sports & Entertainment Commission, Will Serve As Official Los Angeles World Cup 2026 Host City Supporter And Official Partner For The Super Bowl LXI Host Committee
Prnewswire· 2025-10-22 12:30
Core Insights - Archer has been designated as the exclusive Air Taxi Partner by the Los Angeles Sports & Entertainment Commission (LASEC), enhancing its presence in Los Angeles and aligning with major upcoming events like the FIFA World Cup 2026 and Super Bowl LXI [1][2][5] Company Initiatives - Archer aims to launch an air taxi network in Los Angeles, connecting key transportation corridors with planned vertiports and partnerships with airlines and infrastructure providers [2][5] - The company will engage with local communities and leaders to lay the groundwork for air taxi flights ahead of the LA28 Olympic Games [1][3] Leadership Involvement - Archer's CEO, Adam Goldstein, will join the ChampionLA Core Leadership Group, while CMO Miles Rogers will be part of the LASEC Advisory Board, providing strategic support [3][4] Technological Advancements - Archer's Midnight aircraft is designed to replace long car trips with safe, quiet electric air taxi flights, aiming to transform urban mobility in Los Angeles [5]
Extreme Networks Accelerates AI-First Networking with Industry's First Service Agent in Extreme Platform ONE, AI Summit in New York City
Businesswire· 2025-10-22 11:05
Core Insights - Extreme has announced a series of initiatives to advance its AI strategy, including the launch of the AI Service Agent integrated into Extreme Platform ONE™ [1] Group 1 - The introduction of the AI Service Agent is a significant step in enhancing the capabilities of Extreme Platform ONE™ [1]
City First Bank Appoints Justin Jennings as Executive Vice President, Chief Deposit Officer
Prnewswire· 2025-10-20 16:06
Core Insights - Broadway Financial Corporation has appointed Justin Jennings as Executive Vice President and Chief Deposit Officer, focusing on treasury management, banking operations, digital banking, and deposit strategy [1][4]. Company Overview - City First Bank, a subsidiary of Broadway Financial Corporation, is dedicated to uplifting underinvested communities through mission-driven initiatives and offers various commercial loan products and services [5]. Leadership Experience - Justin Jennings previously served as Executive Vice President, Operations Officer at Columbia Bank, where he enhanced deposit operations and client engagement [2][3]. - Jennings has a significant background at JPMorgan Chase & Co., where he held multiple leadership roles, including Executive Director, Head of Treasury Services for Community Development Banking [3]. Strategic Goals - Jennings will play a crucial role in advancing City First Bank's strategic objectives, particularly in deposit growth, treasury management optimization, digital banking enhancement, and overall client experience improvement [4].
Enzo Villani, Chief Investment Officer of AlphaTON Capital, to Speak at the Vatican's 10th Anniversary World Changers Summit
Globenewswire· 2025-10-20 11:00
Core Insights - Enzo Villani, Chief Investment Officer of AlphaTON Capital, will speak at the 10th Anniversary of the IASC World Changers Summit in Vatican City, focusing on ethics, innovation, and digital transformation [1][2][3] Company Overview - AlphaTON Capital is a digital asset treasury company that focuses on building and managing a strategic reserve of TON tokens and developing the Telegram ecosystem [8] - The company implements a comprehensive treasury strategy that includes direct token acquisition, validator operations, and strategic ecosystem investments to generate sustainable returns for shareholders [8] - AlphaTON Capital provides public market investors with institutional-grade exposure to the TON ecosystem and Telegram's billion-user platform while maintaining governance standards and reporting transparency as a Nasdaq-listed company [8] Leadership and Vision - Enzo Villani has a two-decade career leading initiatives at the intersection of finance, blockchain technology, and global impact [2][7] - Villani's work emphasizes responsible innovation and decentralized technologies to drive human progress, social inclusion, and ethical governance on a global scale [5] Event Significance - The World Changers Summit aims to inspire dialogue between science, ethics, technology, spirituality, and humanity, aligning with Villani's work and worldview [4][5] - The summit is organized by the International Academy of Social Sciences and Cooperation (IASC) and has previously included Nobel Laureates and global leaders [3][6]
City Office REIT Stockholders Approve Merger
Prnewswire· 2025-10-16 21:00
Core Points - City Office REIT, Inc. announced that its stockholders approved the merger with MCME Carell Holdings, LP and MCME Carell Merger Sub, LLC [1][2] - The merger is expected to close in the fourth quarter of 2025, with shareholders receiving $7.00 per share in cash [2] Company Overview - City Office REIT is an internally-managed real estate company focused on acquiring, owning, and operating office properties primarily in Sun Belt markets [3] - The company currently owns or has a controlling interest in 4.2 million square feet of office properties and has elected to be taxed as a real estate investment trust for U.S. federal income tax purposes [3]
Law Tech Spotlight Examines Tax Exposure Claims Against LuxUrban Hotels Inc., Citing OTA Payment and Tax Collection Laws
Globenewswire· 2025-10-15 20:34
Core Insights - The analysis by Law Tech Spotlight concludes that claims against LuxUrban Hotels regarding large-scale tax liabilities in New York are likely inaccurate and legally precluded under state and city law [1][3]. Findings and Legal Basis - From 2020 to 2025, LuxUrban Hotels generated approximately $248 million in gross room revenue across 11 U.S. states and cities, with audited net room revenue totaling $149 million, of which only $56 million (22.6%) came from New York operations [2]. - Under New York State Tax Law, entities defined as "room remarketers" or "resellers," including OTAs, are responsible for collecting and remitting occupancy and sales taxes, not the hotel operators [3]. OTA Payment Structure - Between 2022 and 2025, 92–97% of LuxUrban's customers booked through OTAs, meaning LuxUrban did not handle customer payments or collect taxes, as OTAs charged guests and remitted taxes [4][5]. - The OTA payment structure defines the merchant-customer relationship and tax responsibility, indicating that LuxUrban did not control or process payments for the majority of its bookings [5][6]. Legal Implications - False claims regarding unpaid taxes may expose responsible parties to defamation and commercial disparagement under New York law, with potential recoverable damages for LuxUrban reaching tens of millions of dollars [7][8]. - The spokesperson for the LawTech Review emphasized that allegations against LuxUrban regarding tax remittance are unfounded and ignore statutory authority and the financial technology involved in hospitality commerce [9].
City View Announces ArkenYield Partnership with Unique Digital Assets Ltd. to Manage up to $500M for Institutional Depositors
Newsfile· 2025-10-15 10:00
Core Insights - City View Green Holdings Inc. announces a strategic partnership between its investee company ArkenYield Ltd. and Unique Digital Assets Ltd. to enhance digital asset yield infrastructure [1][2][5] Partnership Details - ArkenYield will manage up to $500 million USD in capital commitments for UDA, providing institutional-grade yield infrastructure through its Managed Yield Program [2][4] - The partnership aims to deliver Concentrated Liquidity Market Making (CLMM) derived yield, ensuring full liquidity and on-demand access for depositors [2][5] - UDA will act as a digital asset custodian, enhancing safety and accessibility for large-scale depositors through regulated custody options and compliant transaction flows [3][5] Company Developments - City View has agreed to acquire 2,000,000 common shares in ArkenYield, representing approximately 20% of ArkenYield's issued and outstanding securities [6] - An annual and special meeting of shareholders is scheduled for December 18, 2025, to approve a change of business transaction, transitioning City View from an industrial company to an investment company [7][9] Future Focus - If approved, City View will focus on investments in public and private companies, venture capital initiatives, and strategic commodities, aiming for long-term capital growth through undervalued companies [10][11]
Ibstock Sinks 8% As Sales Growth Hits Brick Wall, Guidance Cut
Forbes· 2025-10-10 09:00
Photo by Damian Gillie/Construction Photography/Avalon/Getty ImagesGetty ImagesShares in brick manufacturer Ibstock sank on Friday as tough market conditions forced it to cut expected full-year earnings estimates. At 122.8p per share, the FTSE 250 company was down 8.2% and the biggest faller on the UK mid-cap share index.Ibstock said that “a more uncertain near term backdrop in the group’s core construction markets has led to weaker than expected demand,” impacting off-take for both its clay and concrete pr ...
Jam City, Inc. Launches Disney Magic Match 3D Worldwide
Businesswire· 2025-10-09 14:00
Core Insights - Jam City has launched a new mobile game titled Disney Magic Match 3D, developed in collaboration with Disney and Pixar Games, which is now available on both iOS and Android platforms [1] Company Summary - Jam City is expanding its portfolio with the introduction of Disney Magic Match 3D, indicating a strategic partnership with Disney and Pixar Games to enhance its offerings in the casual mobile gaming market [1] Industry Summary - The launch of Disney Magic Match 3D reflects the growing trend in the mobile gaming industry, particularly in casual gaming, which continues to attract a wide audience on major platforms like iOS and Android [1]