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.

Attorney General Jackley Announces South Dakotans to See Financial Benefit From Litigation Settlement with Generic Drug Manufacturer
FOR IMMEDIATE RELEASE: Friday, Nov. 1, 2024 Contact: Tony Mangan, Communications Director, 605-773-6878 PIERRE, S.D. – South Dakota Attorney General Marty Jackley announces the state will receive almost $300,000 as part of a settlement with global...

American Airlines Reports Third-Quarter 2024 Financial Results
FORT WORTH, Texas, Oct. 24, 2024 (GLOBE NEWSWIRE) -- American Airlines Group Inc. (NASDAQ: AAL) today reported its third-quarter 2024 financial results, including: Record third-quarter revenue of $13.6 billion. Third-quarter net loss of $149...

Federal Home Loan Bank of New York Announces Third Quarter 2024 Operating Highlights
NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter ended September 30, 2024. “Throughout the first nine months of 2024, the Federal Home...

Attorney General Bird Announces Settlements with Generic Drug Companies for Teaming Up to Raise Prices of Medications
DES MOINES—Iowa Attorney General Brenna Bird today announced two settlements with generic prescription drug manufacturers Heritage Pharmaceuticals and Apotex for teaming up to raise prices and limit competition. The combined settlements total...

Attorney General Bird Announces Settlements with Generic Drug Companies for Teaming Up to Raise Prices of Medications
DES MOINES—Iowa Attorney General Brenna Bird today announced two settlements with generic prescription drug manufacturers Heritage Pharmaceuticals and Apotex for teaming up to raise prices and limit competition. The combined settlements total...

Attorney General James Helps Secure $49.1 Million from Drug Companies over Illegal Coordination to Inflate Prices
NEW YORK – New York Attorney General Letitia James today joined a bipartisan multistate coalition of 50 attorneys general in announcing settlements with Heritage Pharmaceuticals (Heritage) and Apotex Inc. (Apotex) totaling $49.1 million for their...

Behr Paint Company Introduces Women in Paint – A Program to Support and Empower Women in the Painting Trades
TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) -- Behr Paint Company is proud to announce the introduction of its Women in Paint™ program, an initiative designed to elevate the achievements of Canadian professional women painters and to inspire the next...

Shoals Technologies Group, Inc. Appoints Industry Veteran, Bobbie L. King, Jr., as Chief Legal Officer
PORTLAND, Tenn., June 16, 2025 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals”), a leading provider of electrical balance of system solutions for the global energy transition market, announced today that it has further strengthened...

AMO halts yola attempting to smuggle 170 pounds of cocaine near Desecheo Island, Puerto Rico
AGUADILLA, Puerto Rico — Air and Marine Operations (AMO), an operational component of U.S. Customs and Border Protection, nabbed a yola-type vessel today arresting 2 aliens from the Dominican Republic and seizing 170 pounds (76.6 kilograms) of...

Black farmers in Alabama, Georgia, Louisiana and Mississippi eligible for technology, financial training from USDA
TEAM Tilley Leaders Program to offer farm-specific proprietary technology from Daitaas and financial education to underserved farmers in four states MEMPHIS, TN, UNITED STATES, August 7, 2024 /EINPresswire.com/ -- A new, free program offered by...

SBA Opens Nominations for 2025 National Small Business Week Awards
WASHINGTON, Aug. 19, 2024 (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, opened...

Seas the Day Charters Honored with TripAdvisor Travelers’ Choice Award
Seas the Day Charters won a TripAdvisor Travelers' Choice Award, ranking them in the top 10% of global attractions based on outstanding reviews. CHARLOTTE AMALIE, ST THOMAS, VIRGIN ISLANDS, U.S., May 26, 2025 /EINPresswire.com/ -- Seas the Day...

Nathan's Famous, Inc. Reports Year End And Fourth Quarter Results
JERICHO, N.Y., June 10, 2025 (GLOBE NEWSWIRE) -- Nathan's Famous, Inc. (“Nathan’s”, the “Company”, “we”, “us” or “our”) (NASDAQ:NATH) today reported results for its fiscal year and fourth quarter ended March 30, 2025. Effective June 10, 2025, the...

Dominica and USVI Lead Growing List of Sponsors for Caribbean Week in New York 2025
NEW YORK, NY, UNITED STATES, May 12, 2025 /EINPresswire.com/ -- The Nature Island of Dominica and the U.S. Virgin Islands – Naturally in Rhythm – have been confirmed as title Platinum Sponsors of Caribbean Week in New York (CWNY 2025), the...

PHH Mortgage Receives Residential Servicing Ratings Upgrade from Fitch Ratings
WEST PALM BEACH, Fla., June 04, 2025 (GLOBE NEWSWIRE) -- PHH Mortgage (“PHH” or the “Company”), a subsidiary of Onity Group Inc. (NYSE: ONIT) and a leading non-bank mortgage servicer and originator, today announced that Fitch Ratings has upgraded...

AMO interdicts vessel smuggling 1,155 pounds of cocaine near southwestern Puerto Rico
AGUADILLA, Puerto Rico — Air and Marine Operations (AMO), an operational component of U.S. Customs and Border Protection, interdicted a vessel Tuesday arresting 3 aliens from the Dominican Republic and seizing 1,155 pounds (524 kilograms) of...

AMO partakes in international maritime interdiction and seizure of 1440 kilograms of cocaine in BVI
ST. THOMAS, Virgin Islands – Air and Marine Operations (AMO), an operational component of U.S. Customs and Border Protection, collaborated with Dutch, French and British law enforcement in an operation last week that resulted in the seizure of...

Interior Department Announces $644.8 Million in Payments to Support Vital Services in Communities
Date: June 24, 2025 Contact: Interior_Press@ios.doi.gov WASHINGTON — The Department of the Interior today announced that more than 1,900 state and local governments across the country will receive a total of $644.8 million in Payments in Lieu of...

CBP seizes 518 pounds of cocaine inside an abandoned vessel in Rincon, Puerto Rico
AGUADILLA, Puerto Rico — U.S. Customs and Border Protection’s operational components, Air and Marine Operations and the US Border Patrol, found a vessel Sunday with 518 pounds (235 kilograms) of cocaine in Rincon, Puerto Rico. The estimated value...

University of the West Indies St. Augustine Captures Top Honors at CTO’s Regional Nex-Gen Tourism Showcase Final
NEW YORK, NY, UNITED STATES, June 20, 2025 /EINPresswire.com/ -- Innovation, cultural pride and next-level creativity took center stage as the Caribbean Tourism Organization (CTO) concluded its 2025 Regional Nex-Gen Tourism Showcase 2025,...