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Healthcare and tech rally, support for two-session policy expected.

Healthcare and tech rally, support for two-session policy expected.

CLN CraneShares Key news Asian shares were significantly higher as Taiwan and South Korea outperformed. Mainland China and Hong Kong had choppy sessions, bouncing around the room to post small gains on heavy volumes that were above their 1-year averages. Despite the heavy volumes, it was a quiet night ahead of the release of key …

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Novant at the end of 2023 with investment income, core income gains

Novant at the end of 2023 with investment income, core income gains

A recovery in its investment income portfolio and a significant gain in core earnings lifted Novant Health Inc. to a 47.2% increase in excess revenue over expenses to $385.3 million for the fourth quarter. Excess revenue in a for-profit organization like Novant equals profit in a for-profit business, while a deficit equals a loss. Novant …

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Investment income boosted Cone’s excess earnings in Q1

Investment income boosted Cone’s excess earnings in Q1

Another strong performance by Cone Health’s investment portfolio lifted the Greensboro health care system to a $68.3 million revenue surplus for the first quarter of fiscal 2024. The excess of revenue over expenses in a for-profit organization such as Cone equals profit in a for-profit business. Cone’s fiscal year ends on September 30. During the …

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Rachel J.  Brand chosen to partner with Bloomington law firm

Rachel J. Brand chosen to partner with Bloomington law firm

BLOOMINGTON — The law firm of Livingston, Barger, Brandt & Schroeder is pleased to announce that Rachel J. Brand has been announced as its newest partner. Rachel joined the firm in 2014 after graduating from the University of Wisconsin Law School (JD 2014) and Loyola University Chicago (BA 2011). She practices civil litigation with a …

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ExxonMobil announces new burner to reduce emissions

ExxonMobil announces new burner to reduce emissions

Tulsa-based Zeeco and ExxonMobil announce new hydrogen burner to reduce emissions Tusla-based Zeeco Inc. and ExxonMobil have announced an alliance to bring to market the Zeeco “Free Jet Gen 3” next-generation hydrogen-ready burner. The new burner could significantly reduce emissions for industrial manufacturers as they explore a fuel switch from natural gas to hydrogen, which …

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Business recognition and promotions for the week of February 25, 2024

Business recognition and promotions for the week of February 25, 2024

EDUCATION Christophe Larocque has been named the inaugural associate vice president for advancement at Virginia Tech’s Innovation Campus. He will be responsible for building and leading an advancement program to maximize support and exposure for the Innovation Campus, overseeing an integrated program of development, engagement and communication. Larocque Larroque has more than two decades of …

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The Norfolk native’s art show fills the needs of the Norfolk Arts Center |  Choose

The Norfolk native’s art show fills the needs of the Norfolk Arts Center | Choose

A Colorado artist whose desire to show his creations in his hometown of Norfolk has proven to be a “perfect fit” for local art lovers. Ron Nordyke, who grew up in Norfolk but now lives in Colorado, has his art on display in a show called “Made by Hand” at the Norfolk Arts Center through …

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