Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Virgin Islands Business Journal.

Biden-Harris Administration Urges People in Puerto Rico and the U.S. Virgin Islands to Stay Alert to Risks from Tropical Storm Ernesto
WASHINGTON -- Yesterday, President Joseph R. Biden approved an emergency declaration for Puerto Rico. This action authorizes FEMA to provide assistance to save lives and protect property, public health and safety. As Tropical Storm Ernesto...

CBP to host virtual forced labor seminar for Puerto Rico and US Virgin Islands importers
SAN JUAN, Puerto Rico – U.S. Customs and Border Protection’s San Juan Field Office extended today an invitation to importers and the business community to a virtual seminar regarding its enforcement of forced labor authorities. Forced labor...

Nathan’s Famous® Launches Campaign in the New York City Subway System Celebrating National Hot Dog Day
SMITHFIELD, Va., July 14, 2025 (GLOBE NEWSWIRE) -- Just in time for National Hot Dog Day on July 16, Nathan’s Famous® has teamed up with the Metropolitan Transportation Authority (MTA) to unveil a playful new campaign inspired by an unexpected...

Federal Home Loan Bank of New York Announces Full-Year and Fourth Quarter 2024 Operating Highlights
NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter and year ended December 31, 2024. The FHLBNY’s net income for 2024 was $738.5 million,...

Attorney General Ford Helps Secure Over $200 Million from Gilead Sciences for Paying Illegal Kickbacks
Nevada Will Receive Approximately $442,381.44 from Multistate Settlement in Principle Carson City, NV – Today, Nevada Attorney General Aaron D. Ford today joined a coalition of 48 other attorneys general in securing $202 million from Gilead...

“Dating or Defrauding?” — Washington taking part in national awareness effort warning people of the financial risks associated with online relationship scams
Olympia – The Washington State Department of Financial Institutions (DFI) is pleased to partner with multiple federal, state, and nonprofit agencies throughout the country this month to alert people to the dangers of online relationship scams and...

Attorney General Tong Announces $202 Million Settlement with Gilead Sciences Over Illegal Kickbacks
Press Releases 07/15/2025 Attorney General Tong Announces $202 Million Settlement with Gilead Sciences Over Illegal Kickbacks (Hartford, CT) -- Attorney General William Tong today joined a coalition of 48 other attorneys general in securing $202...

Attorney General James Secures Over $200 Million from Gilead Sciences for Paying Illegal Kickbacks
NEW YORK – New York Attorney General Letitia James today led a coalition of 48 other attorneys general in securing $202 million from Gilead Sciences, Inc. (Gilead), for running an illegal kickback scheme to promote its HIV medications. Gilead...

Attorney General Bonta Helps Secure Over $200 Million from Gilead Sciences for Paying Illegal Kickbacks
California will receive more than $4 million from multistate settlement in principle OAKLAND – California Attorney General Rob Bonta today joined a coalition of 48 other attorneys general in securing $202 million from Gilead Sciences, Inc....

American Airlines Reports Fourth-Quarter and Full-Year 2024 Financial Results
FORT WORTH, Texas, Jan. 23, 2025 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its fourth-quarter and full-year 2024 financial results, including: Record fourth-quarter revenue of $13.7 billion and record full-year...

SBA Administrator Guzman Grants More Than $26M to Create 13 New Women’s Business Centers
WASHINGTON, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Today, Administrator Isabel Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice in President Biden’s Cabinet for America’s more than 34 million small businesses, awarded...

From Beaches to Mountains: Vacation Ownership Club Model Built for Variety
With travelers demanding more choice and flexibility, Clubs that offer diverse resort networks and a points-based ownership model are meeting the moment. MYRTLE BEACH, SC, UNITED STATES, July 13, 2025 /EINPresswire.com/ -- Today’s traveler is...

State Regulators Levy $20 Million Penalty on Nation’s Largest Nonbank Mortgage Servicing Company
Washington, D.C., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Washington, D.C.— Fifty-three state financial regulatory agencies have taken coordinated action against mortgage company Bayview Asset Management LLC and three of its affiliates, Lakeview Loan...

Steve M. Klein, Chairman and CEO of Northfield Bank, Elected to the Board of Directors of the Federal Home Loan Bank of New York
WOODBRIDGE, N.J., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Northfield Bank, wholly-owned subsidiary of Northfield Bancorp, Inc. (NASDAQ: NFBK), announced today that Steven M. Klein, Chairman and Chief Executive Officer, has been elected to the Board of...

Federal Home Loan Bank of New York Announces Results of 2024 Board of Directors Elections
NEW YORK, Dec. 12, 2024 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of New York (“FHLBNY”) announced today the results of the 2024 election for four positions on the FHLBNY’s Board of Directors (“Board”) whose terms will each commence on...

The Federal Home Loan Bank of New York Announces Retirement of President and CEO José R. González; Board Appoints Randolph C. Snook as Successor
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of New York (“FHLBNY”) announced today that José R. González, president and Chief Executive Officer of the FHLBNY, will retire from the FHLBNY on April 4, 2025, and that...

Federal Home Loan Bank of New York Awards $71 Million For 61 Affordable Housing Initiatives
NEW YORK, Nov. 25, 2024 (GLOBE NEWSWIRE) -- José R. González, president and CEO of the Federal Home Loan Bank of New York (“FHLBNY”), announced that the FHLBNY has awarded a record $70.8 million in subsidies to fund 61 affordable housing...

PayBright Ranks 7th on Triangle Business Journal’s ‘Fast 50’ List
RALEIGH, N.C., Nov. 08, 2024 (GLOBE NEWSWIRE) -- PayBright, a leading merchant services provider, announced today that the company is ranked No. 7 on the Triangle Business Journal’s “Fast 50” list. The annual list recognizes the 50 fastest-growing...

U.S. Representatives Ritchie Torres (NY-15) and Gregory Meeks (NY-5) Announce Federal Home Loan Bank of New York Now Accepts Mortgage Collateral Using VantageScore 4.0
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- United States Representatives Ritchie Torres (NY-15) and Gregory Meeks (NY-5) announced today that members of the Federal Home Loan Bank of New York (“FHLBNY”) can now pledge mortgage collateral using...

Onity Group Schedules Conference Call – Third Quarter 2024 Results and Business Update
WEST PALM BEACH, Fla., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) (“Onity” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that it will hold a conference call on Tuesday, November 5,...