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Covenant Raises over $1.1 Billion for 12th Value-Add Fund, Affordable Housing Sidecar

NASHVILLE, Tenn.--(BUSINESS WIRE)--Covenant Capital Group (“Covenant”), a leading value-add multifamily real estate investment firm, today announced the final close of Covenant Apartment Fund XII, L.P. (“Fund XII”) with $860.35 million in capital commitments—the largest fundraise in the firm’s 25-year history. In addition, Covenant created a sidecar vehicle for Fund XII, the Covenant Affordable Housing Fund, with $269.73 million in committed capital. The combined capital raised by Covenant for...
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NEW REPORT: Utility-Generated Power Can Save Customers $20B, Reduce Risks of Outages

CHICAGO--(BUSINESS WIRE)--A new independent analysis by experts at Charles River Associates (CRA) finds that expanding utility-generated energy can significantly lower customer costs and improve electric reliability. This is an especially important insight as energy demand accelerates across the country, particularly in the PJM region, where Exelon’s public utility companies operate. The report, Utility-Owned Generation as a Solution: An Analysis of Economic & Reliability Impacts of Increas...
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CUPE Ontario welcomes NYC DSA co-chair Gustavo Gordillo to keynote CUPE Ontario Presidents’ Conference

RICHMOND HILL--(BUSINESS WIRE)--CUPE Ontario will welcome keynote speaker Gustavo Gordillo, co-chair of the New York City Democratic Socialists of America (NYC DSA) and a key campaign architect behind Zohran Mamdani’s Democratic mayoral victory in New York City. Gordillo will speak to a delegation of local presidents about building mass volunteer-driven electoral operations, expanding member participation and advancing a working-class agenda focused on affordability and public services. WHO: Gu...
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CUPE Ontario condemns firings and suspensions at Bowmore Road school

TORONTO--(BUSINESS WIRE)--CUPE Ontario condemns the firing of two educators and the suspension of six others at Bowmore Road Junior and Senior Public School, which will affect more than 200 students. “Firing and suspending education workers for raising legitimate concerns is outrageous, and frankly illegal” said Fred Hahn, president of CUPE Ontario. “While there are grievances that will, we trust, see this ridiculous decision reversed, there can be no doubt that this is a clear, and devious att...
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Socure Launches SocureGov RiskOS® to Help Government Agencies Outpace Fraud and Modernize Digital Identity

INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--As government agencies face escalating fraud threats from AI and rising expectations for seamless digital services, Socure, the AI-first platform for global identity and risk decisioning, today announced the launch of Socure for Government (SocureGov) RiskOS®. Now FedRAMP Moderate authorized, SocureGov RiskOS® is purpose-built to help public sector organizations deliver simpler, faster, and more transparent digital identity verification and fraud preventi...
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Woodside and TEX‑E to Collaborate on Early‑Career Energy Talent and Innovation in the US

HOUSTON--(BUSINESS WIRE)--Woodside Energy and Texas Entrepreneurship Exchange for Energy (TEX‑E) today announced a collaboration designed to accelerate early‑career energy talent development and innovation in Houston, Texas. The collaboration will include direct engagement with US university students, support for TEX-E energy and climate programs and the placement of a Woodside–TEX‑E Summer Fellow embedded at Greentown Labs in support of the Woodside–Rice Decarbonization Accelerator. Woodside w...
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Legislation Eliminates Financial Barriers to Critical Breast Imaging, Would Help Thousands Across Hawaii Afford Care They Require

HONOLULU--(BUSINESS WIRE)--Susan G. Komen®, the world’s leading breast cancer organization commends Representative Lauren Matsuomto (R-Mililani) introducing legislation to ensure equitable access to required diagnostic and supplemental breast imaging, by eliminating the financial barriers patients face in accessing needed breast cancer screening. The exorbitant out-of-pocket costs associated with this critical breast imaging, ranging from hundreds to thousands of dollars, often force individual...
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Hangar-backed Cornea Releases 2025 Wildfire Season Report Detailing Record-Breaking Human, Economic, and Systemic Impacts

NEW YORK--(BUSINESS WIRE)--The 2025 wildfire season marked a turning point in how wildfire risk is experienced, managed, and paid for, according to a new comprehensive analysis released today by Cornea. The report finds that wildfire impacts are no longer seasonal or geographically contained, with catastrophic winter fires, worsening smoke-related health outcomes, and escalating costs flowing through utilities, insurance markets, and housing systems to consumers. More than 65,000 wildfires burn...
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CUPE condemns MUN closures, Wakeham government for “abandoning” the province

ST. JOHN’S, NL--(BUSINESS WIRE)--The Canadian Union of Public Employees (CUPE) is deeply concerned about the decision by Memorial University Newfoundland (MUN) to address the university’s budget issues by closing campuses and facilities and cutting jobs, and the lack of transparency around the impacts of that decision. While the announcement from MUN says there will be no immediate layoffs associated with this decision, CUPE has been told that positions will be eliminated . "The university need...
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Charles River Associates (CRA) Strengthens Antitrust Practice with Addition of Former DOJ Division Leader

BOSTON--(BUSINESS WIRE)--Charles River Associates (NASDAQ: CRAI), a worldwide leader in providing economic, financial, and management consulting services, today announced that Margaret (Peggy) Loudermilk has joined the firm as a Vice President in the Antitrust & Competition Economics Practice. Peggy joins CRA from the U.S. Department of Justice’s (DOJ) Antitrust Division, where she held the position of Assistant Chief of the Economic Regulatory Section. “We are pleased to welcome Peggy to C...