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Comstock Announces 2025 Annual Meeting and Record Date

VIRGINIA CITY, Nev., March 19, 2025 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock,” “our” and the “Company”), today announced its 2025 Annual Meeting of shareholders will be held online May 22, 2025 in a virtual-only format via webcast.

Comstock shareholders as of the record date of March 25, 2025, can participate in the online annual meeting, including to vote their shares electronically and/or submit questions during the meeting. The Company’s proxy statement will be sent to shareholders of record and will describe the matters to be voted upon.

Electronic entry to the meeting will begin at 8:45 a.m. PDT / 11:45 a.m. EDT and the meeting will begin promptly at 9:00 a.m. PDT / 12:00 p.m. EDT.

About Comstock Inc.

Comstock Inc. (NYSE: LODE) innovates and commercializes technologies that are deployable across entire industries to contribute to energy abundance by efficiently extracting and converting under-utilized natural resources, such as waste and other forms of woody biomass into renewable fuels, and end-of-life electronics into recovered electrification metals. Comstock’s innovations group is also developing and using artificial intelligence technologies for advanced materials development and mineral discovery for sustainable mining. To learn more, please visit www.comstock.inc.

Comstock Social Media Policy

Comstock Inc. has used, and intends to continue using, its investor relations link and main website at www.comstock.inc in addition to its X.com, LinkedIn and YouTube accounts, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

Contacts

For investor inquiries:
RB Milestone Group LLC
Tel (203) 487-2759
[email protected]

For media inquiries or questions:
Comstock Inc., Tracy Saville
Tel (775) 847-7573
[email protected]

Forward-Looking Statements
 

This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “should,” “intend,” “may,” “will,” “would,” “potential” and similar expressions identify forward-looking statements but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: future market conditions; future explorations or acquisitions; future changes in our research, development and exploration activities; future financial, natural, and social gains; future prices and sales of, and demand for, our products and services; land entitlements and uses; permits; production capacity and operations; operating and overhead costs; future capital expenditures and their impact on us; operational and management changes (including changes in the Board of Directors); changes in business strategies, planning and tactics; future employment and contributions of personnel, including consultants; future land and asset sales; investments, acquisitions, joint ventures, strategic alliances, business combinations, operational, tax, financial and restructuring initiatives, including the nature, timing and accounting for restructuring charges, derivative assets and liabilities and the impact thereof; contingencies; litigation, administrative or arbitration proceedings; environmental compliance and changes in the regulatory environment; offerings, limitations on sales or offering of equity or debt securities, including asset sales and associated costs; business opportunities, growth rates, future working capital, needs, revenues, variable costs, throughput rates, operating expenses, debt levels, cash flows, margins, taxes and earnings. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties, many of which are unforeseeable and beyond our control and could cause actual results, developments, and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our filings with the SEC and the following: adverse effects of climate changes or natural disasters; adverse effects of global or regional pandemic disease spread or other crises; global economic and capital market uncertainties; the speculative nature of gold or mineral exploration, and lithium, nickel and cobalt recycling, including risks of diminishing quantities or grades of qualified resources; operational or technical difficulties in connection with exploration, metal recycling, processing or mining activities; costs, hazards and uncertainties associated with precious and other metal based activities, including environmentally friendly and economically enhancing clean mining and processing technologies, precious metal exploration, resource development, economic feasibility assessment and cash generating mineral production; costs, hazards and uncertainties associated with metal recycling, processing or mining activities; contests over our title to properties; potential dilution to our stockholders from our stock issuances, recapitalization and balance sheet restructuring activities; potential inability to comply with applicable government regulations or law; adoption of or changes in legislation or regulations adversely affecting our businesses; permitting constraints or delays; challenges to, or potential inability to, achieve the benefits of business opportunities that may be presented to, or pursued by, us, including those involving battery technology and efficacy, quantum computing and generative artificial intelligence supported advanced materials development, development of cellulosic technology in bio-fuels and related material production; commercialization of cellulosic technology in bio-fuels and generative artificial intelligence development services; ability to successfully identify, finance, complete and integrate acquisitions, joint ventures, strategic alliances, business combinations, asset sales, and investments that we may be party to in the future; changes in the United States or other monetary or fiscal policies or regulations; interruptions in our production capabilities due to capital constraints; equipment failures; fluctuation of prices for gold or certain other commodities (such as silver, zinc, lithium, nickel, cobalt, cyanide, water, diesel, gasoline and alternative fuels and electricity); changes in generally accepted accounting principles; adverse effects of war, mass shooting, terrorism and geopolitical events; potential inability to implement our business strategies; potential inability to grow revenues; potential inability to attract and retain key personnel; interruptions in delivery of critical supplies, equipment and raw materials due to credit or other limitations imposed by vendors; assertion of claims, lawsuits and proceedings against us; potential inability to satisfy debt and lease obligations; potential inability to maintain an effective system of internal controls over financial reporting; potential inability or failure to timely file periodic reports with the Securities and Exchange Commission; potential inability to list our securities on any securities exchange or market or maintain the listing of our securities; and work stoppages or other labor difficulties. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows, or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Neither this press release nor any related calls or discussions constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company, the fund, or any other issuer.



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BlackRock, Global Infrastructure Partners, Microsoft, and MGX Welcome NVIDIA and xAI to the AI Infrastructure Partnership to Drive Investment in Data Centers and Enabling Infrastructure

BlackRock, Global Infrastructure Partners, Microsoft, and MGX Welcome NVIDIA and xAI to the AI Infrastructure Partnership to Drive Investment in Data Centers and Enabling Infrastructure

GE Vernova and NextEra Energy to collaborate with AI Infrastructure Partnership

Expanded partnership strengthens technology leadership and energy expertise to power AI infrastructure growth

NEW YORK & REDMOND, Wash. & ABU DHABI, United Arab Emirates & SANTA CLARA, Calif. & SAN FRANCISCO–(BUSINESS WIRE)–
BlackRock, Global Infrastructure Partners (GIP), a part of BlackRock, Microsoft, and MGX today announced that NVIDIA and xAI will join the Global AI Infrastructure Investment Partnership, now named the AI Infrastructure Partnership (AIP), further strengthening the partnership’s technology leadership as the platform seeks to invest in new and expanded AI infrastructure. NVIDIA will also continue in its role as a technical advisor to AIP, leveraging its expertise in accelerated computing and AI factories to inform the deployment of next-generation AI data center infrastructure.

Additionally, GE Vernova and NextEra Energy have agreed to collaborate with AIP to accelerate the scaling of critical and diverse energy solutions for AI data centers. GE Vernova will also work with AIP and its partners on supply chain planning and in delivering innovative and high efficiency energy solutions.

AIP has attracted significant capital and partner interest since its inception in September 2024, highlighting the growing demand for AI-ready data centers and power solutions. The partnership will initially seek to unlock $30 billion in capital from investors, asset owners, and corporations, which in turn will mobilize up to $100 billion in total investment potential when including debt financing.

By investing in next-generation AI data centers and energy infrastructure, AIP is not just expanding capacity—it is shaping the future of AI-driven economic growth. The addition of both NVIDIA and xAI, each a global AI technology leader, reinforces AIP’s commitment to scaling an open-architecture platform and fostering a broad ecosystem that supports a diverse range of partners on a non-exclusive basis. AIP’s investments will primarily focus on the U.S. as well as OECD and U.S. partner countries, driving AI innovation, economic expansion, and the advancement of critical digital and energy infrastructure.

His Highness Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of MGX, said, “Artificial Intelligence is not just an industry of the future, it underpins the future. As we welcome new partners to the AI Infrastructure Partnership, we will accelerate innovation and technological breakthroughs to achieve transformational productivity gains across the global economy. Our singular focus is accelerating AI’s responsible and inclusive development for the benefit of humanity.”

Jensen Huang, founder and CEO of NVIDIA, said, “The global buildout of AI infrastructure will benefit every company and country that wants to achieve economic growth and unlock solutions to the world’s greatest challenges. AI factories built on NVIDIA’s full-stack AI infrastructure will convert data into intelligence that will accelerate every industry and help society achieve unimaginable breakthroughs.”

“AI infrastructure will play an increasingly critical role in driving economic growth across every industry and every region of the world,” said Satya Nadella, Chairman and CEO, Microsoft. “We’re thrilled to welcome these new companies to the AI Infrastructure Partnership as we invest together to build the infrastructure of the future.”

Larry Fink, Chairman and CEO of BlackRock,said, “AI has the potential to transform the global economy if we can build the necessary infrastructure to support it. We believe this unparalleled partnership of leading global companies across the AI ecosystem brings technology expertise together with private capital to meet this demand and creates unique investment opportunities for our clients. This partnership also demonstrates the powerful combination of BlackRock’s global relationships with GIP’s infrastructure capabilities.”

“Since we launched this partnership in September, the momentum we have achieved reinforces the need for significant private capital to fund investments in essential infrastructure, particularly to support the continued development of AI,” said Bayo Ogunlesi, Chairman and CEO of Global Infrastructure Partners. “With today’s announcement, we are proud to welcome our new partners to AIP. Together, we look forward to focusing on our joint ambition to enhance AI innovation and economic growth.”

John Ketchum, Chairman and CEO of NextEra Energy,said, “In order to realize the full potential of Artificial Intelligence we must develop and support the energy infrastructure and data centers that will fuel this technology. Doing this will require an all forms of energy solution that leverages ready-now renewables and battery storage coupled with gas-fired and nuclear generation in the future. Our collaboration with GE Vernova and AIP is intended to get as many electrons onto the grid as quickly and most cost effectively as possible.”

“The jobs and economies of tomorrow will be built on the infrastructure we develop today to support the rapid growth of AI,” said GE Vernova CEO Scott Strazik. “Our company is focused on an all-of-the-above approach with our customers to meet this unprecedented demand, utilizing gas, nuclear, wind and more, while continuing to drive innovation to reduce emissions. We look forward to working with AIP and its partners, a group that brings substantial capability and efficiency to this critical work.”

About MGX

MGX is a technology investment company focused on accelerating the development and adoption of AI and advanced technologies through world-leading partnerships in the United Arab Emirates and globally. MGX invests in sectors where AI can deliver value and economic impact at scale, including semiconductors, infrastructure, software, tech-enabled services, life sciences, and automation. For more information, visit www.mgx.ae.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.

About Global Infrastructure Partners (GIP), a Part of BlackRock

Global Infrastructure Partners (GIP) is a leading infrastructure investor that specializes in investing in, owning and operating some of the largest and most complex assets across the energy, transport, digital infrastructure and water and waste management sectors. On October 1, 2024, BlackRock closed its acquisition of GIP. For more information, visit www.global-infra.com.

About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) creates platforms and tools powered by AI to deliver innovative solutions that meet the evolving needs of our customers. The technology company is committed to making AI available broadly and doing so responsibly, with a mission to empower every person and every organization on the planet to achieve more.

Forward-Looking Statements

This press release, and other statements that the parties may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the parties’ or AIP’s future financial or business performance, strategies or expectations, including the anticipated timing, consummation and expected benefits of AIP. Forward-looking statements are typically identified by words or phrases such as “trend,” “potential,” “opportunity,” “pipeline,” “believe,” “comfortable,” “expect,” “anticipate,” “current,” “intention,” “estimate,” “position,” “assume,” “outlook,” “continue,” “remain,” “maintain,” “sustain,” “seek,” “achieve,” and similar expressions, or future or conditional verbs such as “will,” “would,” “should,” “could,” “may” and similar expressions.

The parties caution that forward-looking statements are subject to numerous assumptions, risks and uncertainties, which change over time and may contain information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any projections or forecasts made will come to pass. Forward-looking statements speak only as of the date they are made, and the parties assume no duty to and do not undertake to update forward-looking statements. Actual results could differ materially from those anticipated in forward-looking statements and future results could differ materially from historical performance.

Certain of the parties have previously disclosed risk factors in their respective United States Securities and Exchange Commission (“SEC”) reports. These risk factors and those identified elsewhere in this release, among others, could cause actual results to differ materially from forward-looking statements or historical performance. Such parties’ Annual Reports on Form 10–K, Quarterly Reports on Form 10-Q and subsequent filings with the SEC, accessible on the SEC’s website at www.sec.gov and on the applicable party’s website, discuss certain of these factors in more detail and identify additional factors that can affect forward–looking statements. The information contained on each party’s website is not a part of this press release, and therefore, is not incorporated herein by reference.

Media Contacts

BlackRock

Patrick Scanlan

212-810-3622

[email protected]

Global Infrastructure Partners (GIP)

Mustafa Riffat

646-216-7788

[email protected]

Microsoft

WE Communications for Microsoft

425-638-7777

[email protected]

MGX

[email protected]

KEYWORDS: United States United Arab Emirates North America Middle East Washington California New York

INDUSTRY KEYWORDS: Other Professional Services Finance Consulting Banking Accounting Professional Services Technology Other Technology

MEDIA:

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AB DAO Partners with Alpha Technology to Pioneer the AI+Blockchain Era

PR Newswire


SINGAPORE
, March 19, 2025 /PRNewswire/ — AB DAO has officially announced a strategic partnership with Alpha Technology Group Limited (Nasdaq: ATGL). The two companies will integrate their respective strengths to drive the innovative application and adoption of artificial intelligence (AI) and blockchain technology across supply chain management, enterprise operations, and the Internet of Things (IoT).

Alpha Technology Group Limited (ATGL), listed on the Nasdaq in 2023, specializes in AI technology development. Its AI-powered enterprise resource planning (ERP) systems provide intelligent automation solutions, significantly enhancing corporate management efficiency.

AB DAO, a leading AI-driven blockchain infrastructure provider, has designed the AB IoT network specifically to integrate blockchain and IoT technologies. It has already developed mature prototype products, including blockchain-powered smart energy meters, self-service payment kiosks, access control systems, and secure storage solutions, demonstrating strong market potential across various industries.

With complementary strengths in both technology and market positioning, this partnership will focus on advancing AI and blockchain integration in logistics, supply chain, and enterprise management. By delivering more efficient and secure industry solutions, AB DAO and ATGL aim to accelerate innovation and achieve mutual success.

(Alpha Technology Group Limited Official Website: www.atgl.io)

AB DAO Ecosystem Continues to Expand
With the Hotcoin listing, users can now trade $AB on the following exchanges:
Bitget (bitget.com) 
HTX (htx.com)
MEXC (mexc.com)
BingX (bingx.com)
BitMart (bitmart.com)
Lbank (lbank.com)
Hotcoin (hotcoin.com)
UEEx(ueex.com)
4E (eeee.com)
Coming Soon
Biconomy (biconomy.com)
AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.

AB DAO’s Goal: 100 Million $AB Holders
Stay Updated with AB DAO
Official Website: https://ab.org 
Telegram Global Community: https://t.me/Newtonproject
Telegram Chinese Community: http://t.me/ABgonglian
Telegram English Channel: https://t.me/AB202528
X (Twitter): https://x.com/ABDAO_Global
Discord: https://discord.gg/BSbgK6J

Cision View original content:https://www.prnewswire.com/news-releases/ab-dao-partners-with-alpha-technology-to-pioneer-the-aiblockchain-era-302405694.html

SOURCE AB DAO

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Investing in ourselves: Canadians’ quest for financial independence – RBC poll

Canada NewsWire

Volatile markets causing concerns

Investors encouraged to avoid making reactive decisions

Key advice: Stick to your plan, focus on what matters most


TORONTO
, March 19, 2025 /CNW/ – Canadians are looking to investments to help them become financially independent, but are worried about the potential impact of ongoing market turbulence on their ability to build enough savings to reach this goal.

“It’s hard to put a value on the confidence and reassurance that having a financial plan is bringing to Canadians.”

According to the annual RBC Financial Independence Poll, Canadians estimate they will need approximately $846,437 to ensure an independent financial future – notably higher for respondents living in Alberta($928,179), Saskatchewan/Manitoba($958,535) and Ontario($916,714) as well as Gen X ($1,128,990) and Millennials ($945,748) across the country. To help themselves get there, 49% of all respondents invested during 2024, including 49% of Gen X and 46% of Millennials.

At the same time, almost half (48%) of all respondents agreed their key investing concern is market volatility and investment performance – with 54% of Millennials and 46% of Gen X sharing these same worries.

“We’re having conversations with investors who have a lot of questions amidst all the uncertainty right now. While it can be difficult to provide clear answers, our advisors have experienced decades of supporting clients during market ups and downs and one thing remains constant: the value of having – and sticking to – a good financial plan with a long-term approach, to help get through any periods of turmoil,” advised Craig Bannon, Director, Regional Financial Planning Support, RBC.

The poll findings also indicated that just over half (51%) of Canadians now have a financial plan (formal or informal). This includes 50% of Millennials and 44% of Gen X, who responded that having this plan made them feel ‘confident’ (42% and 38% respectively) and ‘reassured’ (30% and 35%).

“It’s hard to put a value on the confidence and reassurance that financial plans are bringing to Canadians right now – especially when those plans are supported by the expertise of an advisor,” noted Bannon. “A good financial plan maps out an investment strategy for you to follow. An advisor can help you stay true to your strategy, muting market noise and discussing any financial worries you may have, so you can remain focused on what truly matters: the financial goals you ultimately want your investments to achieve.”

A conversation with an advisor can also be helpful for anyone who has available funds they have not yet invested – including any cash deposits they made to meet contribution deadlines for RRSP and TFSA accounts.

“If you have money that is sitting on the sidelines, waiting for the ideal moment to invest, you could be missing out on opportunities to get the growth you’re hoping for,” added Bannon. “This is where time in the market, rather than timing the market, is important. The sooner you can invest and the longer you can be invested, the greater the opportunities to benefit from the gradual growth that markets and economies can experience over the long term.”

RBC advice and resources: Anyone can freely access RBC’s comprehensive My Money Matters online advice and resources hub. To learn more about financial planning at RBC and to connect with one of our advisors, please visit RBC Financial Planning. RBC clients can also access MyAdvisor – a digital advice platform which has now connected 4.7 million Canadians to their personalized plan, with the ability to adjust those plans in real time and connect with an advisor via video chat, online banking or in person.

Fast Facts: RBC Financial Independence Poll 

Selected Findings – Generations


RESPONSE


CAN


Millennials


(aged 29-44)


Gen X


(aged 45-60)


Boomers


(aged 61-70)

$ to be financial independent

$846,437

$945,748

$1,128,990

$777,931

Invested during 2024…

49 %

46 %

49 %

52 %

…in mutual funds

24 %

21 %

28 %

29 %

…in stocks

20 %

22 %

20 %

18 %

…in GICs/term investments

21 %

15 %

20 %

31 %

…in pension plan

16 %

15 %

22 %

16 %

…in ETFs

10 %

11 %

13 %

8 %

…in cryptocurrency (e.g., bitcoin)

5 %

8 %

4 %

1 %

Key concern about investing: market volatility and investment performance

48 %

54 %

46 %

43 %

Financial goal is to achieve financial independence

41 %

43 %

38 %

40 %

Will achieve financial independence in my lifetime

55 %

55 %

48 %

53 %

Have a financial plan…

51 %

50 %

44 %

54 %

…and my plan makes me feel confident

41 %

42 %

38 %

44 %

…and my plan makes me feel reassured

36 %

30 %

35 %

45 %

Fast Facts: RBC Financial Independence Poll

Selected Findings – National & Regional


RESPONSE


CAN


BC


AB


SK/MB


ON


QC


AC

$ to be financial independent

$846,437

$877,503

$928,179

$958,535

$916,714

$616,954

$851,157

Invested during 2024…

49 %

51 %

59 %

46 %

53 %

38 %

38 %

…in mutual funds

24 %

26 %

34 %

24 %

26 %

16 %

22 %

…in stocks

20 %

21 %

28 %

17 %

24 %

13 %

9 %

…in GICs/term investments

21 %

26 %

25 %

22 %

21 %

16 %

18 %

…in pension plan

16 %

9 %

12 %

21 %

15 %

24 %

13 %

…in ETFs

10 %

9 %

15 %

5 %

13 %

7 %

4 %

…in cryptocurrency

(e.g., bitcoin)

5 %

2 %

9 %

3 %

6 %

2 %

3 %

Key concern about investing: market volatility and investment performance

48 %

46 %

55 %

46 %

50 %

43 %

45 %

Financial goal is to achieve financial independence

41 %

42 %

35 %

36 %

43 %

42 %

38 %

Will achieve financial independence in my lifetime

55 %

55 %

54 %

49 %

57 %

54 %

47 %

Have a financial plan…

51 %

53 %

57 %

55 %

51 %

45 %

44 %

… and my plan makes me feel confident

41 %

49 %

36 %

38 %

39 %

47 %

39 %

… and my plan makes me feel reassured

36 %

40 %

40 %

33 %

35 %

35 %

32 %

Disclaimer

Financial planning services and investment advice are provided by Royal Mutual Funds Inc. (RMFI). RMFI, RBC Global Asset Management Inc., Royal Bank of Canada, Royal Trust Corporation of Canada and The Royal Trust Company are separate corporate entities which are affiliated. RMFI is licensed as a financial services firm in the province of Quebec.

About the 2025 RBC Financial Independence Poll
The 34th annual RBC Financial Independence Poll was conducted by Ipsos through online interviews with 2,000 Canadians aged 18+. Data was collected between October 4 to 11, 2024. Quota sampling and weighting was employed in order to balance demographics and ensure that the sample’s composition reflects that of the actual population of Canadians, according to Census data. The precision of online polls is measured using credibility interval. In this case, the results are accurate to within ± 2.5 percentage points, 19 times out of 20, of what the results would have been had the entire population of adults in Canada been surveyed. Credibility intervals will be wider for smaller subsets of the population. Where appropriate, attitudes and opinions are tracked back to previous years’ polls. Angus Reid Forum. For comparison purposes only, a sample of this size would yield a margin of error of ± 2.5 percentage points at a 95% confidence level.

About RBC and our unique MyAdvisor personalized planning support

MyAdvisor – a digital advice platform only available at RBC – has now connected 4.7 million Canadians to their personalized plan and the ability to adjust those plans in real time. Complementing RBC’s extensive Financial Advice and Planning services, MyAdvisor offers a hybrid approach, so you don’t have to choose between digital or human – you get both. Along with 24/7 digital access to your plan, cash flow, net worth and goals, you receive insights, real-time visuals and forecasts to help stay on top of your money and reach your goals. MyAdvisor also connects you to an RBC advisor in your community, via live video, phone or in-person within a branch. Through interactive scenario planning, you can see the potential future impact of today’s money decisions on tomorrow’s outcome. Whether you’re planning for retirement, saving for your first home, or somewhere in between, we can help. For more information, please check out MyAdvisor.

About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 98,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 18 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/peopleandplanet.

Media contact:


Kathy Bevan
, RBC Corporate Communications, 647-618-2287

SOURCE RBC Royal Bank

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Beam Global and Zero Motorcycles to Demonstrate Sustainable Product Bundles at Upcoming MotoGP and TEVCON Events

SAN DIEGO, March 19, 2025 (GLOBE NEWSWIRE) — Beam Global (NASDAQ: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that together with Zero Motorcycles, the global leader in electric motorcycles, it will demonstrate the BeamPatrol™ and Zero Motorcycles DSR/X and FX product bundles to military, law enforcement, first responder and civilian motorcycle enthusiasts. Demonstration attendees will experience both companies’ technology offerings, combining high performance, low maintenance, cutting edge motorcycles with rapidly deployed, zero construction, zero utility bill, secure and robust sustainable charging infrastructure.

Beam Global and Zero Motorcycles will host a series of demonstrations starting at two major upcoming events: the prestigious MotoGP in Austin, Texas, on March 27, 2025, and the TEVCON at Broadway Pier in San Diego, California, from April 2 to 4, 2025. The BeamPatrol™ product bundle which includes four Zero Motorcycles DSR/X with law enforcement livery will be on display at TEVCON and attendees will be able to take test rides of DSR/X and FX models in Austin, powered by sunshine.

“As a longtime Zero rider, I am thrilled to collaborate with Zero Motorcycles, a company that shares our commitment to sustainability and innovation,” said Beam Global CEO, Desmond Wheatley. “We know that law enforcement agencies and others in Europe, Asia and the United States are increasingly looking for the speed, silence and sustainability that Zero’s products deliver. We also know that a bundled product that includes the bikes, the charging infrastructure and all the fuel the bikes will ever consume under a single invoice and deployed in an hour without any on-site work, is a solution which has been welcomed by prospective customers. I’m looking forward to seeing our demo events at MotoGP and TEVCON which will demonstrate the power, performance and economic benefits of electric motorcycles charged by Beam Global’s products.”

Beam Global’s event pages contain additional detail, and you can schedule a demonstration now by sending an email to [email protected].

“Working with Beam Global allows us to further our mission of making electric motorcycles accessible to everyone,” said Zero Motorcycles Christian Marti, SVP Marketing, Sales & Service. “Together, we aim to inspire individuals to embrace electric vehicles not just for their performance, but also for their positive impact on the environment. Riding on Sunshine delivers the ultimate combination of high performance, zero emissions and lower costs.”

Join Beam Global and Zero Motorcycles at MotoGP and TEVCON to explore the future of transportation and learn more about how electric vehicles can change the world for the better. For more information about the events and to register, visit www.beamforall.com/events.

About Beam Global

Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. We operate at the nexus of clean energy and transportation with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage and vital energy security. With operations in the U.S. and Europe, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, save time and money and protect the environment. Beam Global is headquartered in San Diego, CA with facilities in Chicago, IL and Belgrade and Kraljevo, Serbia. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit BeamForAll.com, LinkedIn, YouTube and X (formerly Twitter).

Forward-Looking Statements

This Beam Global Press Release may contain forward-looking statements. All statements in this Press Release other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. These statements relate to future events or future results of operations. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, which may cause Beam Global’s actual results to be materially different from these forward-looking statements. Except to the extent required by law, Beam Global expressly disclaims any obligation to update any forward-looking statements.

About Zero Motorcycles

Zero Motorcycles is the global leader in electric motorcycles and powertrains. Designed and crafted in California, Zero Motorcycles combines Silicon Valley technology with traditional motorcycle soul to elevate the motorcycling experience for forward-thinking riders around the world.

Media Contact

Andy Lovsted
+1-858-335-8465
[email protected]

Investor Relations

Luke Higgins
+1-858-799-4583
[email protected]



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Energy CEOs to Canadian leaders: An urgent plan to strengthen economic sovereignty

  • CEOs representing Canada’s energy industry released a letter to Canadian federal political leaders outlining an urgent action plan to strengthen Canadian economic sovereignty, through our energy industry.
  • The open letter calls for a rapid, dramatic regulatory restructuring to enable investment in critical oil and natural gas infrastructure across Canada.

OTTAWA, Ontario, March 19, 2025 (GLOBE NEWSWIRE) — This morning, an open letter from 14 CEOs representing the four largest pipeline companies and 10 largest oil and natural gas companies was delivered to Canada’s political party leaders. This is in answer to inquiries on how Canada can respond to escalating global energy security challenges and the urgent need for pragmatic energy strategies.

To read the full letter and view the signatories, please visit: http://www.tcenergy.com/open-letter-to-party-leaders

Build Canada Now

“It’s time for Canadians to claim our economic sovereignty. In recent months, each of us have been asked what needs to happen to ensure Canada has control over its economic destiny, and what we can do to make sure we have full access to global markets and trade. We are saying it’s time to roll up our sleeves as a country, and build needed energy structure,” says Adam Waterous, Executive Chairman, Strathcona Resources Ltd.

“Canadians now recognize the need for us to grow our energy sector and build energy infrastructure, including new oil and natural gas pipelines, and Liquefied Natural Gas (LNG) export terminals. They want a country-wide push to champion our products and pipelines, and to unleash the potential of our natural resources. Everyone wants our country to continue to prosper and our export-focused economy to grow,” he adds.

Canada has vast reserves of oil and natural gas, and credible forecasts predict they will remain amongst the world’s largest sources of energy for decades to come. Canada can provide for its own domestic needs, while also exporting around the world. The country can be a leader in global energy security by being a provider of affordable, lower emission, democratically and responsibly produced energy. Canada can compete against any major global energy producer.

“Realizing Canada’s opportunity will take collaboration between industry, government and Canadians. Today, the federal government does not have the right policies, or the regulatory framework to support oil and natural gas investment. Delays in permitting processes for critical infrastructure often results in billions in lost economic opportunities for Canadians. It’s time for change. These are barriers we have imposed on ourselves that need to be removed, now,” says François Poirier, President and Chief Executive Officer, TC Energy.

An action plan for Canadian leaders

The letter outlines a clear plan with five calls for action. For the oil and natural gas sector to expand and for energy infrastructure to be built, Canada’s federal political leaders need to:

  • Simplify regulation. The federal government’s Impact Assessment Act and West Coast tanker ban are impeding development and need to be overhauled and simplified. Regulatory processes need to be streamlined, and decisions need to withstand judicial challenges.
  • Commit to firm deadlines for project approvals. The federal government needs to reduce regulatory timelines so that major projects are approved within 6 months of application.
  • Grow production. The federal government’s unlegislated cap on emissions must be eliminated to allow the sector to reach its full potential.
  • Attract investment. The federal carbon levy on large emitters is not globally cost competitive and should be repealed to allow provincial governments to set more suitable carbon regulations.
  • Incent Indigenous co-investment opportunities. The federal government needs to provide Indigenous loan guarantees at scale so industry may create infrastructure ownership opportunities to increase prosperity for communities and to ensure that Indigenous communities benefit from development.

All CEO signatories of the letter are ready and willing to engage so that energy projects move forward promptly, and construction of critical infrastructure can begin for the benefit of Canada and all Canadians.

-30-

Media Inquiries:

Media Relations
[email protected]
403-920-7859 or 800-608-7859

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/1a4b87ee-4ff8-454a-a69b-bc80d7485bcf

PDF available: http://ml.globenewswire.com/Resource/Download/cdb8d38d-0f01-4259-ab70-aafa5e1cae4c 



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2024 TD Ready Challenge awards $10 million to 10 Canadian and U.S. organizations focused on addressing barriers faced by small business owners  

Canada NewsWire

This year’s recipients will each receive a $1 million grant for innovative solutions that support underserved small business owners to develop, launch, or grow their businesses  


TORONTO
, March 19, 2025 /CNW/ – TD Bank Group (TD) is pleased to announce the 10 grant recipients of the 2024 TD Ready Challenge, an annual initiative that supports nonprofit and charitable organizations that develop innovative, impactful, and measurable solutions.   

In 2024, the TD Ready Challenge invited organizations to submit proposals designed to remove barriers for underserved entrepreneurs. Through these grants, the Bank aims to contribute to a stronger and more inclusive small business environment in Canada and the U.S.  

“When small businesses thrive, communities thrive,” says Ellen Glaessner, Head of Sustainability and Corporate Citizenship. “This is why TD is supporting nonprofit organizations who help cultivate the entrepreneurial landscape. Support is especially vital for underserved entrepreneurs, who face unique challenges and are an important part of the small business ecosystem. The proposed solutions have incredible potential to make a real difference, and we can’t wait to see the impact they will help drive.”  

The TD Ready Challenge Grant program is part of the Bank’s longstanding commitment to help the communities we serve prosper. Each year, the program puts out a call for organizations in Canada and the U.S. to submit applications that offer solutions to a different problem statement. In previous years, the program has focused on helping to address barriers to affordable housing, health care and income stability, and addressing pandemic-related learning loss.   

The 2024 TD Ready Challenge complements the Bank’s efforts to support financial security and aligns with TD Pathways to Economic Inclusion and the TD Community Impact Plan in the U.S.  

There were a maximum of 10 grants available through the program in 2024. Eligible Canadian-based organizations were able to apply for CAD $1 million and eligible U.S.-based organizations were able to apply for USD $1 million.  

For more information about the TD Ready Challenge Grant program, visit www.td.com/readychallenge 

Learn more about the 2024 TD Ready Challenge recipients and their winning submissions, described in their own words.  


CAD $1 million / USD $1 million recipients and programs:
  

Ampere (formerly The Pinnguaq Association) | Amp up small business (Canada)   
“Amp Up Small Business will support low-income future entrepreneurs in underserved rural, remote, and Indigenous communities in Northern Canada, providing training and resources to develop, launch, and grow small businesses. Some participants will be selected for Amp Incubator, receiving support and financial investment in exchange for a percentage of revenue to be reinvested in Amp Up programming.” 
Learn more about this program 
URL: https://amp.ca/ampere-and-the-td-ready-challenge/ 

Hot Bread Kitchen | HBK Incubates: Building financial security for immigrant and women of color small food business owners in New York City (U.S.)   
“The HBK Incubates program provides holistic and coordinated support services for low- to moderate-income women of color in New York City to seed, start and scale their food businesses.” 
Learn more about this program  
URL https://www.hotbreadkitchen.org  

Futurpreneur | Women in Entrepreneurship Initiative (Canada) 
“Futurpreneur’s Women in Entrepreneurship Initiative supports women-owned and women-led businesses through networking events, a peer-supported community, and tailored capacity-building workshops. Participants will gain critical skills for business growth in topics like financial management, marketing, access to capital, and international expansion, with access to coaching and resources through in-person and virtual connection opportunities.” 
Learn more about this program 
URL: https://futurpreneur.ca/en/offering/women-in-entrepreneurship 

PA CDFI Network | Drive Your Business (U.S.)   
“PA CDFI Network’s Drive Your Business program will help address gaps in services and reduce barriers faced by underserved entrepreneurs by combining technology, education, coaching and community collaboration.” 
Learn more about this program  
URL https://pacdfinetwork.org/  

Tamarack Institute for Community Engagement and Small Economy Works| Initiating Futures: Advancing rural, remote, and northern entrepreneurs (Canada)   
“Tamarack Institute and Small Economy Works are working together to engage 300 entrepreneurs with practical and contextualized training to grow and develop their businesses.  Through local community collaboratives and AI-powered learning, the program delivers personalized coaching and group learning opportunities designed specifically to support aspiring populations such as Indigenous women, rural, remote, and northern entrepreneurs.”  
Learn more about this program  
URL: https://www.smalleconomyworks.com/the-initiate-program  

Washington Area Community Investment Fund (WACIF)| Resilient Futures: Small Business Financial Wellness and Wealth Building Program (U.S.)   
“By combining an innovative financial product with specialized support for entrepreneurs that’s sensitive to difficult financial situations, WACIF will be providing a first-of-its-kind initiative in the Washington, D.C., area.” 
Learn more about this program  
URL https://wacif.org/  


University of British Columbia | UBC Sauder School of Business Ch’nook Management Program: Increasing Access to Economic Opportunities through Business Education, Entrepreneurship and Small Business Skills (Canada)   
“The Ch’nook Management Program empowers Indigenous entrepreneurs and small business owners with business education, skills, and resources to succeed. UBC Sauder faculty integrate business knowledge and management training with Indigenous perspectives to create a culturally relevant learning experience, culminating in participants presenting their projects or ventures at the program’s end.” 
Learn more about this program  
URL: https://www.sauder.ubc.ca/chnook/cmp  

Tampa Bay Chamber Foundation | Empower Sustainability Focused Accelerator (SFA) (U.S.)   
“To help enable continued growth for small minority-owned businesses, Tampa Bay Chamber Foundation’s Empower Sustainability Focused Accelerator program will use an innovative approach to strategic planning and execution, and leverage automation tools.” 
Learn more about this program  
URL https://www.tampabaychamber.com/    

Syrian Canadian Foundation (SCF) | Newcomer Entrepreneur Women (N.E.W) Venture (Canada)    
“The N.E.W Venture program, in partnership with the NISA Foundation, is committed to advancing economic independence and social inclusion through entrepreneurship training and skills development for newcomer and refugee women in Ontario and Quebec, with a particular focus on women who are victims of gender-based violence.” 
Learn more about this program  
URL: https://syriancanadianfoundation.ca/  

Toronto Arts Foundation | Newcomer Artist Program (Canada)   
“The Newcomer Artist Program expansion empowers newcomer artists through mentorship, education, and work-integrated learning. Over three years, annual cohorts of 25 newcomer artists will gain entrepreneurship skills, paid work experience, and access to industry networks, contributing to their economic independence, personal and professional fulfillment, social integration, and long-term success.” 
Learn more about this program  
URL: https://torontoartsfoundation.org/home  

About The TD Ready Commitment  
TD has a long-standing commitment to deliver on its purpose to enrich the lives of its customers, colleagues, and communities. As part of its corporate citizenship platform, the TD Ready Commitment, TD is targeting C$1 billion by 2030 towards community giving and colleague engagement in four areas that we call the Interconnected Drivers of Change: Financial Security, Vibrant Planet, Connected Communities and Better Health. Through the TD Ready Commitment, TD aspires to work with non-profit and community-based organizations to help make a positive impact for the customers and communities we serve.   

For further information, visit td.com/tdreadycommitment

About TD Bank Group  
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (“TD” or the “Bank”). TD is the sixth largest bank in North America by assets and serves over 27.9 million customers in four key businesses operating in a number of locations in financial centres around the globe: Canadian Personal and Commercial Banking, including TD Canada Trust and TD Auto Finance Canada; U.S. Retail, including TD Bank, America’s Most Convenient Bank®, TD Auto Finance U.S., and TD Wealth (U.S.); Wealth Management and Insurance, including TD Wealth (Canada), TD Direct Investing, and TD Insurance; and Wholesale Banking, including TD Securities and TD Cowen. TD also ranks among the world’s leading online financial services firms, with more than 17 million active online and mobile customers. TD had $2.09 trillion in assets on January 31, 2025. The Toronto-Dominion Bank trades under the symbol “TD” on the Toronto and New York Stock Exchanges.  

SOURCE TD Bank Group

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Fewer Multifamily Permits Today Could Mean Costlier Rents Ahead

PR Newswire

  • Rent jumps are expected in: New York, N.Y., Kansas City, Mo., Detroit, Mich., Washington D.C., San Jose, Calif., Baltimore, Md., Boston, St. Louis and Charlotte, N.C.
  • Federal employment hot spots show no sign of meaningful impact from federal layoffs… yet


AUSTIN, Texas
, March 19, 2025 /PRNewswire/ — Rents have been on a decline in the top 50 metros for over a year, but low multifamily permitting activity is making way for higher rent prices, according to the Realtor.com® February rent report. In fact, within the top 50 metros only 294,000 multifamily units were permitted in 2024, which is well below the 318,000 units permitted at the peak of the pandemic in 2020.

“During the pandemic, rent prices surged significantly. While there has been a gradual correction, the current trend of declining rents over the past 19 months and a still-sizable number of multi-family units under construction have impacted builders’ enthusiasm for new projects,” said Danielle Hale, Chief Economist of Realtor.com®. “The nation is short 3.8 million homes according to Realtor.com® research. As builders attempt to right-size their construction pipelines amid shifting economic and policy cross currents, multifamily builders nationwide have made headway, evidenced by vacancy rates trending up. Still, the shortfall varies by market and region. The low level of permitting for multifamily housing, particularly in markets where rents are still climbing, may become a catalyst for future rent growth.”

When Supply is in a Pinch, Rent Will Rise
In hot markets where demand is high, and rent is already growing, low levels of multifamily housing permitting will cause further supply constraints and could make rents go up even higher in the future. For nine of the top 50 metros, multifamily permitting was lower than recent history in 2024, and these places experienced a rise in rent, including New York, N.Y., Kansas City, Mo., and Detroit, Mich.


Hot Markets Where Rent is Poised To Grow as Permits Decline


Metro


Rent Increase
YoY


Multifamily Permits vs


5-year Baseline

New York-Newark-Jersey City, N.Y.-N.J.

6.80 %

-9.50 %

Kansas City, M.O.-Kan.

6.00 %

-6.00 %

Detroit-Warren-Dearborn, Mich.

3.60 %

-11.60 %

Washington-Arlington-Alexandria, D.C.-Va.-Md-W.Va.

3.30 %

-35.00 %

San Jose-Sunnyvale-Santa Clara, Calif.

1.30 %

-51.00 %

Baltimore-Columbia-Towson, Md.

1.20 %

-22.60 %

Boston-Cambridge-Newton, Mass.-N.H.

0.70 %

-22.30 %

St. Louis, Mo.-Ill.

0.30 %

-27.30 %

Charlotte-Concord-Gastonia, N.C.-S.C.

0.20 %

-19.00 %

 

On the other hand, nine of the top 50 metros saw more multifamily permitting in 2024 than over the previous five years and experienced rent price declines YoY including Birmingham, Ala. where rent declined 5.4% YoY, and multifamily building permits grew by 22.10% from the average of the previous five years, Cincinnati, Ohio, where rent declined 3.3% while multifamily building permits grew 29.9%, and Cleveland, Ohio where rents declined 3.0% YoY, and multifamily building permits grew 37.9% from the average of the previous five years. In these metros, multifamily supply growth will put further downward pressure on rent.

Federal Layoffs Haven’t Affected Rent Prices…Yet
While data shows changes starting to happen in the for-sale markets of the major metros where federal employment is high, the rental shifts in these markets are relatively varied and show no meaningful changes, yet. Within the five major metros with the highest concentration of federally-employed workers rent is up 3.3% year-over-year in Washington D.C. with modest pick-up in Oklahoma City, Okla. (+2.0%) and Baltimore, Md. (+1.25%). In San Diego, Calif. however, rent experienced a sharp decline of 6% from a year ago, while also softening in Virginia Beach, Va. (-1.5%).

Larger Rental Units Maintain Demand as Renters Stay Put
As fewer renters turn into first-time home buyers, demand for larger rental units remains high, with 2-bedroom units seeing the most long-term rent growth over the last five years, at 18.3%. That’s compared to 1-bedroom units, which grew 14.3%, and studio units, which experienced the least rent growth, at 9.7%, in the same time frame.

While studio units tend to experience more volatility in activity, this month rent growth for studio units dipped slightly at -0.8% YoY, more closely matching the year-over-year growth of one and two bedroom units, which both respectively experienced -0.7% dips in February 2025.


National Rental Data – February 2025


Unit Size


Median Rent


Rent YoY


Rent Change – 5 Years

Overall

$1,691

-0.9 %

14.4 %

Studio

$1,413

-0.8 %

9.7 %

1-Bedroom

$1,583

-0.7 %

14.3 %

2-Bedroom

$1,887

-0.7 %

18.3 %

 


50 Largest Metropolitan Areas – February 2025


Metro


Median
Rent (0-
2 BR)


YoY
Change
(0-2 BR)


Multifamily
Units
Permitted
2024


Multifamily
Units Permitted
vs 5-year
Baseline

Atlanta-Sandy Springs-Roswell, Ga.

1,573

-2.6 %

13937

31.5 %

Austin-Round Rock-San Marcos, Texas

1,462

-4.8 %

15008

-26.5 %

Baltimore-Columbia-Towson, Md.

1,795

1.2 %

2425

-22.6 %

Birmingham, Ala.

1,165

-5.4 %

556

22.1 %

Boston-Cambridge-Newton, Mass-N.H.

2,936

0.7 %

7022

-22.3 %

Buffalo-Cheektowaga, N.Y.

NA

NA

563

18.2 %

Charlotte-Concord-Gastonia, N.C.-S.C.

1,520

0.2 %

6847

-19.0 %

Chicago-Naperville-Elgin, Ill.-Ind.

1,776

-2.1 %

7403

1.4 %

Cincinnati, Ohio-Ky.-Ind.

1,293

-3.3 %

2534

29.9 %

Cleveland, Ohio

1,170

-3.0 %

720

37.9 %

Columbus, Ohio

1,198

1.1 %

7195

32.7 %

Dallas-Fort Worth-Arlington, Texas

1,461

-2.0 %

22912

-6.6 %

Denver-Aurora-Centennial, Colo.

1,773

-6.4 %

6505

-41.8 %

Detroit-Warren-Dearborn, Mich.

1,320

3.6 %

2023

-11.6 %

Hartford-West Hartford-East Hartford, Conn.

NA

NA

1488

89.2 %

Houston-Pasadena-The Woodlands, Texas

1,368

-0.9 %

11520

-44.3 %

Indianapolis-Carmel-Greenwood, Ind.

1,284

-2.1 %

2314

-32.5 %

Jacksonville, Fla.

1,508

-1.3 %

1753

-69.6 %

Kansas City, Mo.-Kan.

1,370

6.0 %

3663

-6.0 %

Las Vegas-Henderson-North Las Vegas, Nev.

1,448

-2.4 %

2301

-29.7 %

Los Angeles-Long Beach-Anaheim, Calif.

2,715

-2.5 %

13265

-25.7 %

Louisville/Jefferson County, Ky.-Ind.

1,223

-1.2 %

1854

-10.0 %

Memphis, Tenn.-Miss.-Ark.

1,184

-1.4 %

1089

39.5 %

Miami-Fort Lauderdale-West Palm Beach, Fla.

2,319

-2.2 %

10035

-28.6 %

Milwaukee-Waukesha, Wis.

1,642

1.3 %

1884

101.3 %

Minneapolis-St. Paul-Bloomington, Minn.-Wis.

1,498

-0.2 %

5055

-59.6 %

Nashville-Davidson–Murfreesboro–Franklin, Tenn.

1,525

-1.7 %

5384

-52.0 %

New Orleans-Metairie, La.

NA

NA

287

-47.3 %

New York-Newark-Jersey City, N.Y.-N.J.

2,977

6.8 %

42230

-9.5 %

Oklahoma City, Okla.

1,027

2.0 %

581

90.4 %

Orlando-Kissimmee-Sanford, Fla.

1,673

0.0 %

8210

-18.8 %

Philadelphia-Camden-Wilmington, Penn.-N.J.-Del.-Md.

1,751

-0.3 %

5054

-49.4 %

Phoenix-Mesa-Chandler, Ariz.

1,492

-3.1 %

13577

-13.9 %

Pittsburgh, Penn.

1,440

0.6 %

1738

2.3 %

Portland-Vancouver-Hillsboro, Ore-Wash.

1,649

-2.7 %

2696

-58.5 %

Providence-Warwick, R.I.-Mass.

NA

NA

656

175.4 %

Raleigh-Cary, N.C.

1,458

-3.5 %

5574

-12.8 %

Richmond, Va.

1,477

0.0 %

3408

-14.0 %

Riverside-San Bernardino-Ontario, Calif.

2,071

-3.6 %

3012

-20.9 %

Rochester, N.Y.

NA

NA

750

-8.9 %

Sacramento-Roseville-Folsom, Calif.

1,883

-0.2 %

2701

-8.2 %

San Antonio-New Braunfels, Texas

1,240

-1.3 %

3803

-54.1 %

San Diego-Chula Vista-Carlsbad, Calif.

2,667

-6.0 %

7244

18.8 %

San Francisco-Oakland-Fremont, Calif.

2,678

-3.3 %

2929

-60.4 %

San Jose-Sunnyvale-Santa Clara, Calif.

3,300

1.3 %

1886

-51.0 %

Seattle-Tacoma-Bellevue, Wash.

1,957

-0.8 %

9880

-36.1 %

St. Louis, Mo.-Ill.

1,304

0.3 %

1821

-27.3 %

Tampa-St. Petersburg-Clearwater, Fla.

1,739

-0.4 %

7545

-9.0 %

Virginia Beach-Chesapeake-Norfolk, Va.-N.C.

1,487

-1.5 %

1250

-42.8 %

Washington-Arlington-Alexandria, D.C-Va.-Md.-W.Va.

2,283

3.3 %

9680

-35.0 %

 

Methodology
Rental data as of January 2025 for studio, 1-bedroom, or 2-bedroom units advertised as for-rent on Realtor.com. Rental units include apartments as well as private rentals (condos, townhomes, single-family homes). We use rental sources that reliably report data each month within the 50 largest metropolitan areas. Realtor.com began publishing regular monthly rental trends reports in October 2020 with data history stretching back to March 2019. Construction permitting data comes from the Census Bureau Building Permits Survey.

About Realtor.com
®
Realtor.com® pioneered online real estate and has been at the forefront for over 25 years, connecting buyers, sellers, and renters with trusted insights, professional guidance and powerful tools to help them find their perfect home. Recognized as the No. 1 site trusted by real estate professionals, Realtor.com® is a valued partner, delivering consumer connections and a robust suite of marketing tools to support business growth. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc.

Media Contact: Asees Singh, [email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/fewer-multifamily-permits-today-could-mean-costlier-rents-ahead-302405129.html

SOURCE Realtor.com

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China Automotive Systems to Announce Unaudited 2024 Fourth Quarter and Audited 2024 Year Financial Results on March 28, 2025

PR Newswire


WUHAN, China
, March 19, 2025 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the fourth quarter ended December 31, 2024, on Friday, March 28, 2025, before the market opens. Management will conduct a conference call on March 28th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results. A question and answer session will follow management’s presentation.

To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the “China Automotive Systems” conference call with pin 826041:

Phone Number: +1-888-506-0062 (North America) 
Phone Number: +1-973-528-0011 (International) 
Mainland China Toll Free: +86-400-120-3199

A replay of the call will be available on the Company’s website in the investor relations section.

About China Automotive Systems, Inc. 

Based in Hubei Province, the People’s Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through its sixteen Sino-foreign joint ventures and wholly owned subsidiaries. The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles. The Company currently offers four separate series of power steering with an annual production capacity of over 8 million sets of steering gears, columns and steering hoses. Its customer base is comprised of leading auto manufacturers, such as China FAW Group, Corp., Dongfeng Auto Group Co., Ltd., BYD Auto Company Limited, Beiqi Foton Motor Co., Ltd. and Chery Automobile Co., Ltd. in China, and Stellantis N.V. and Ford Motor Company in North America. For more information, please visit: http://www.caasauto.com.

Forward-Looking Statements

This press release contains statements that are “forward-looking statements” as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this press release. Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties. As a result, the Company’s actual results could differ materially from those contained in these forward-looking statements due to a number of factors, including those described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission on March 28, 2024, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. Any of these factors and other factors beyond our control, could have an adverse effect on the overall business environment, cause uncertainties in the regions where we conduct business, cause our business to suffer in ways that we cannot predict, and materially and adversely impact on our business, financial condition and results of operations. A prolonged disruption or any further unforeseen delay in our operations of the manufacturing, delivery and assembly process within any of our production facilities could continue to result in delays in the shipment of products to our customers, increased costs and reduced revenue. We expressly disclaim any duty to provide updates to any forward-looking statements made in this press release, whether as a result of new information, future events or otherwise.

For further information, please contact:

Jie Li

Chief Financial Officer
China Automotive Systems, Inc.
[email protected] 

Kevin Theiss

Awaken Advisors
+1-212-521-4050
[email protected]

Cision View original content:https://www.prnewswire.com/news-releases/china-automotive-systems-to-announce-unaudited-2024-fourth-quarter-and-audited-2024-year-financial-results-on-march-28-2025-302405249.html

SOURCE China Automotive Systems, Inc.

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COLDWELL BANKER COMMERCIAL ANNOUNCES 2024 SPECIALTY AND LEADERSHIP AWARD WINNERS

PR Newswire

The awards recognize Coldwell Banker Commercial affiliated real estate professionals who achieved excellence in specialty areas and demonstrated exceptional leadership throughout the year


MADISON, N.J.
, March 19, 2025 /PRNewswire/ — Coldwell Banker Commercial®, an Anywhere (NYSE: HOUS) brand, announced its 2024 award recipients across specialty categories and leadership awards at this year’s annual Global Conference in Plano, Texas.

“It’s an honor and a privilege to celebrate these outstanding professionals who consistently deliver exceptional results,” said Dan Spiegel, SIOR, senior vice president and managing director of Coldwell Banker Commercial. “These exceptional brokerage professionals and affiliates are pioneers in the industry, and our brand is committed to fostering their business growth. Their expertise and leadership continue to set the standard in commercial real estate.”

Listed below are the winners of each award.

Top 10 Professionals:

  1. Andrew Peceimer, Coldwell Banker Commercial Westbay Real Estate Group, Burlingame, CA
  2. Dan McGue, Coldwell Banker Commercial Realty, San Francisco, CA
  3. Todd Payne, Coldwell Banker Commercial Realty, Danbury, CT
  4. Daniel Galvan, Coldwell Banker Commercial Rio Grande Valley, McAllen, TX
  5. Jonathan Dubrow, Coldwell Banker Commercial Realty, Philadelphia, PA
  6. Brandon Sudweeks, Coldwell Banker Commercial SC, Temecula, CA
  7. Gregg Glime, Coldwell Banker Commercial Apex, Realtors, Waco, TX
  8. Carson Cummings, Coldwell Banker Commercial Kennon, Parker, Duncan & Davis, Columbus, GA
  9. Beau Tucker, Coldwell Banker Commercial Capital Advisors, Lubbock, TX
  10. Dan Stiebel, Coldwell Banker Commercial Schmidt Realtors, Traverse City, MI

Number One Professional by Specialty: This ranking identifies individuals with the highest sales volume in each Coldwell Banker Commercial sector.

  • Office: Andrew Peceimer, Coldwell Banker Commercial Westbay Real Estate Group, Burlingame, CA
  • Multifamily: Dan McGue, Coldwell Banker Commercial Realty, San Francisco, CA
  • Retail: Daniel Galvan, Coldwell Banker Commercial Rio Grande Valley, McAllen, TX
  • Industrial: H Bland Cromwell, Coldwell Banker Commercial Apex, Realtors, Waco, TX
  • Land: Jeff Little, Coldwell Banker Commercial A Hartwig Company, Lancaster, CA
  • Hospitality: Sophia Chou, Coldwell Banker Commercial George Realty, Alhambra, CA

Halter/Case Leadership Award: This award is presented to an individual in memory of two of Coldwell Banker Commercial’s finest professionals.

  • George Warmer, Coldwell Banker Commercial CBS, Billings, MT

Mentor / Protégé of the Year: This award is presented to one Coldwell Banker Commercial team whose dedicated mentor has demonstrated leadership qualities by formally guiding a colleague to successful practices in the commercial real estate industry, and the protégés who have demonstrated commitment and promise to the Coldwell Banker Commercial franchise system.

  • Mentor: Debbie Cowart, Coldwell Banker Commercial Arnold and Associates, Beaumont, TX
  • Protégé: Tisha Self, Coldwell Banker Commercial Arnold and Associates, Beaumont, TX

Office Contributor Award: This award is presented to an individual who has demonstrated that they have increased the office’s profitability, boosted sales and marketing production, enhanced recruitment and retention efforts, and provided leadership in the office.

  • Lindsay Bock, Coldwell Banker Commercial Schmidt Realtors, Traverse City, MI

Pathfinder Award: This award is presented annually to the owner, manager, sales professional, or Coldwell Banker Commercial affiliate company employee who found an innovative solution to guide their clients or their business to achieve exceptional outcomes.

  • Adam Lanteigne, Coldwell Banker Commercial Premier Properties, Saint Augustine, FL

Big-Hearted Award: This award is presented to the office who has made the most significant and impactful contribution in community service.

  • AJ Thoma III, Coldwell Banker Commercial Devonshire Realty, Champaign, IL

Win Together Award: This award celebrates collaborative success and teamwork across the organization.

  • Darrin Coles, Coldwell Banker Commercial Realty, Plano, TX
  • Sarra Hochberg, Coldwell Banker Commercial Atlantic, North Charleston, SC


Rising Star
: This award recognizes emerging talent who has demonstrated exceptional potential in the commercial real estate industry.

  • Mike Pizzagoni, Coldwell Banker Commercial SC, Temecula, CA
  • Cole McNew, Coldwell Banker Commercial Haynes Real Estate, Monroe, MI
  • Kayden Schaper, Coldwell Banker Commercial Benchmark, Ormond Beach, FL


About Coldwell Banker Commercial


Coldwell Banker Commercial is a trusted leader in commercial real estate, delivering expert solutions across office, retail, industrial, and multifamily properties globally. Serving owners and occupiers with specialized leasing, acquisition, and disposition services, Coldwell Banker Commercial brings over a century of proven expertise to every transaction. Founded in 1906 in San Francisco, the company has grown to include a network of nearly 200 independently owned and operated affiliates as well as owned brokerage and more than 3,000 professionals. Ranked No. 1 in brand loyalty, the company spans 40 countries, offering clients personalized, results-driven services tailored to meet diverse real estate needs. Trailblazers in the industry, Coldwell Banker Commercial boasts a long-standing reputation for dedication, integrity, and transparency while continuing to rank among the Top 15 commercial real estate brands in the U.S. based on sales volume. For more information, visit cbcworldwide.com.

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