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.

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...