News from 2024
MedMen Enterprises announces exit of Arizona cannabis market
By Globe Banner | Jan 8, 2024
Subject to regulatory approval, the asset sale of MedMen to MINT Cannabis in Nevada is set to be finalized. The cannabis firm operates in several states including California, Illinois, Massachusetts, and New York.
Rare Element Resources announces coming departure of president and CEO
By Globe Banner | Jan 8, 2024
Brent Berg, who has held the position of company president and chief executive officer since November 2022, is set to step down. The board of Rare Element Resources Ltd. has already initiated a process to find Berg's successor.
Berkshire Hathaway, Pilot Corporation settle lawsuit
By Globe Banner | Jan 7, 2024
Berkshire Hathaway disclosed this week that it had reached a settlement in a lawsuit with Pilot Corporation, thereby cancelling the trial that was scheduled to commence on Monday in Delaware.
Citi structures social trade loan for Fundación Génesis Empresarial to boost financial inclusion in Guatemala
By Globe Banner | Jan 3, 2024
Citi has announced a social trade loan in local currency for Fundación Génesis Empresarial, a microfinance institution. The loan is intended to promote sustainable growth in underserved communities. Génesis Empresarial plans to use the funds to extend productive credits to low-income individuals and entrepreneurs in Guatemala, fostering inclusive economic growth.
Ryan Specialty Holdings announces changes to the board of directors
By Globe Banner | Jan 2, 2024
The specialty insurance firm recently declared that William J. Devers, after a decade of service on the board of directors, vacated his position last month. In the wake of this departure, Pat Ryan Jr. was appointed to the board this week.
International Monetary Fund completes fifth review of Costa Rica’s Extended Fund Facility Agreement
By Globe Banner | Jan 1, 2024
The International Monetary Fund (IMF) has completed the country’s Extended Fund Facility (EFF) agreement, enabling a disbursement of funds. The IMF also confirmed the completion of the second review of Costa Rica’s Resilience and Sustainability Facility (RSF) arrangement.