VICTORIA, Seychelles, April 25, 2025 /PRNewswire/ — Bitget, the leading cryptocurrency exchange and Web3 company, has published its monthly Proof of Reserves (PoR) report for April 2025, which shows its continued commitment to transparency and user asset security. The latest verification confirms that Bitget maintains highly secure collateralized reserves, with an industry-leading 191% overall reserve ratio, ensuring full backing of all user funds.

Bitget continues to uphold its gold standard in asset security, with April’s reserves verification showing strong collateralization across all major cryptos: BTC reserves stand at an exceptional 369%, ETH at 148%, while stablecoins remain strongly protected with USDT at 117% and USDC at 217%. These figures collectively contribute to Bitget’s impressive 191% total reserve ratio, with substantial buffers beyond full backing requirements.

Bitget’s reserve ratios consistently exceed 100%, meaning user assets are fully backed with additional reserves for extra security. The exchange’s 191% total reserve ratio reinforces its position as one of the most trusted platforms in crypto, far surpassing many industry peers.

Bitget’s monthly PoR audits are conducted using Merkle Tree verification, allowing users to independently confirm their holdings at any time. The exchange also maintains a $610M Protection Fund as an additional safeguard, further strengthening user confidence.

Gracy Chen, CEO of Bitget, stated: “Security and trust are the foundation of everything we do at Bitget. Our April Proof of Reserves report once again proves that user funds are not only fully backed but held with substantial reserves beyond requirements. We remain committed to setting the highest standards in transparency and asset protection.”

Since the implementation of its Proof of Reserves program, Bitget has consistently published monthly snapshots to reinforce its long-term commitment to transparency. By continuously maintaining reserve ratios far above the industry norm, Bitget has established itself as a benchmark for trust and integrity in centralized crypto platforms.

As the digital asset ecosystem continues to evolve, user confidence and asset protection remain top priorities. Bitget’s latest PoR report reaffirms its proactive approach to exchange transparency and responsible custodianship—an approach that is increasingly vital in today’s crypto environment.

For more details on Bitget’s Proof of Reserves, users can visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Contact Simran Alphonso
media@bitget.com 

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SOURCE Bitget

DUBLIN, April 25, 2025 /PRNewswire/ — Aon plc (NYSE: AON) today reported results for the three months ended March 31, 2025.

Aon delivered 16% Total revenue growth and another quarter of mid-single-digit Organic revenue growth, which reached 5%. EPS was $4.43 and Adjusted EPS was $5.67Free Cash Flow generation enabled continued targeted tuck-in acquisitions and $397 million of capital return to shareholders through the dividend and share repurchases. On track to reach 2.8-3.0x leverage objective by Q4 2025Announced a 10% increase to quarterly dividend, marking the 15th consecutive year of dividend growthReaffirming 2025 guidance, including mid-single-digit or greater Organic revenue growth, adjusted operating margin expansion, strong adjusted EPS growth and double-digit Free Cash Flow growth

“Aon has momentum entering year two of the 3×3 Plan and our continued execution drove another quarter of mid-single-digit Organic revenue growth and strong operating performance,” said Greg Case, president and CEO of Aon. “In the first quarter, we delivered 5% Organic revenue growth, 12% Adjusted Operating Income growth and Adjusted EPS of $5.67. We are driving growth by providing actionable insights, powered by Aon Business Services, to our clients in an increasingly complex macro environment. These results reflect robust demand for our Risk Capital and Human Capital solutions. We are reaffirming our 2025 guidance, across all key metrics, reflecting the resilience and strength of our business and financial model.”

Net income attributable to Aon shareholders decreased 17%, to $4.43 per share on a diluted basis, compared to $5.35 per share on a diluted basis, in the prior year period. Adjusted net income per share attributable to Aon shareholders increased to $5.67 on a diluted basis, including an unfavorable impact of $0.14 per share if prior year period results were translated at current period foreign exchange rates (“foreign currency translation”), compared to $5.66 in the prior year period. Certain items that impacted first quarter results and comparisons with the prior year period are detailed in “Reconciliation of Non-GAAP Measures – Operating Income, Operating Margin and Diluted Earnings Per Share” on page 11 of this press release.

FIRST QUARTER 2025 FINANCIAL SUMMARY

Total revenue in the first quarter increased 16% to $4.7 billion compared to the prior year period, reflecting the contribution from NFP, 5% Organic revenue growth and a 2% unfavorable impact from foreign currency translation. Risk Capital revenue increased $216 million, or 7%, to $3.2 billion and Human Capital revenue increased $442 million, or 40%, to $1.5 billion.

Total operating expenses in the first quarter increased 25% to $3.3 billion compared to the prior year period due primarily to the inclusion of NFP’s ongoing operating expenses, an increase in expense associated with 5% Organic revenue growth, an increase in intangible asset amortization associated with the acquisition of NFP, and investments in long-term growth, partially offset by $40 million of net restructuring savings. Risk Capital operating expenses increased $204 million, or 11%, to $2.0 billion and Human Capital operating expenses increased $426 million, or 59%, to $1.1 billion.

Foreign currency translation in the first quarter had a $0.13 per share unfavorable impact on diluted EPS and a $0.14 per share unfavorable impact on adjusted EPS. If currency were to remain stable at today’s rates, the Company would expect an unfavorable impact on adjusted EPS of approximately $0.08 per share for the full year 2025.

Effective tax rate was 21.4% in the first quarter compared to 23.2% in the prior year period. After adjusting to exclude the applicable tax impact associated with certain non-GAAP adjustments, the adjusted effective tax rate for the first quarter of 2025 was 20.9% compared to 22.6% in the prior year period. The primary drivers of the change in adjusted effective tax rate were the changes in the geographical distribution of income and a net favorable impact from discrete items.

Weighted average diluted shares outstanding increased to 217.9 million in the first quarter compared to 200.1 million in the prior year period. The Company repurchased 0.6 million class A ordinary shares for approximately $250 million in the first quarter. As of March 31, 2025, the Company had approximately $2.1 billion of remaining authorization under its share repurchase program.

YEAR TO DATE 2025 CASH FLOW SUMMARY

Cash flows provided by operations for the first three months of 2025 decreased $169 million, or 55%, to $140 million compared to the prior year period, primarily due to higher payments related to incentive compensation, interest and restructuring, partially offset by strong adjusted operating income growth and days sales outstanding improvements.

Free cash flow, defined as cash flow from operations less capital expenditures, decreased 68%, to $84 million for the first three months of 2025 compared to the prior year period, reflecting a decrease in cash flows provided by operations and an $8 million increase in capital expenditures.

FIRST QUARTER 2025 REVENUE REVIEW

The first quarter revenue reviews provided below include supplemental information related to Organic revenue growth, which is a non-GAAP measure that is described in detail in “Reconciliation of Non-GAAP Measures – Organic Revenue Growth and Free Cash Flow” on page 10 of this press release.

Total revenue increased $659 million, or 16%, to $4.7 billion, compared to the prior year period, reflecting the contribution from NFP, Organic revenue growth of 5% and a 2% unfavorable impact from foreign currency translation. Risk Capital revenue increased $216 million, or 7%, to $3.2 billion and Human Capital revenue increased $442 million, or 40%, to $1.5 billion.

Risk Capital

Commercial Risk Solutions Organic revenue growth of 5% reflects growth across all major geographies driven by net new business and ongoing strong retention. Performance was highlighted by strong growth globally in core P&C. Results also reflect a modest tailwind from M&A services relative to the prior year. Market impact was flat in the quarter.

Reinsurance Solutions Organic revenue growth of 4% reflects growth in treaty, driven by net new business and ongoing strong retention. Results also reflect a double-digit increase in facultative placements and insurance-linked securities. Market impact was flat in the quarter.  

Human Capital

Health Solutions Organic revenue growth of 5% reflects double-digit growth globally in core health and benefits, driven by net new business, ongoing strong retention, and a modestly positive market impact. Strength in the core was partially offset by lower revenue in Consumer Benefits Solutions. Talent revenue was lower in the quarter as strength in advisory was offset by a decline in analytics due to a change in the timing of survey data delivery.

Wealth Solutions Organic revenue growth of 8% reflects strength in Investments, highlighted by double-digit revenue growth in NFP, driven by net asset inflows and market performance. Strong growth in Retirement was driven by continued strong demand for advisory related to the ongoing impact of regulatory changes and pension de-risking.

FIRST QUARTER 2025 EXPENSE REVIEW

Compensation and benefits expense increased $366 million, or 19%, compared to the prior year period due primarily to the inclusion of operating expenses from NFP and expense associated with 5% organic revenue growth, partially offset by savings from Accelerating Aon United restructuring actions.

Information technology expense increased $12 million, or 10%, compared to the prior year period due primarily to the inclusion of ongoing operating expenses from NFP.

Premises expense increased $11 million, or 15%, compared to the prior year period, due primarily to the inclusion of ongoing operating expenses from NFP.

Depreciation of fixed assets increased $2 million, or 5%, compared to the prior year period.

Amortization and impairment of intangible assets increased $183 million, compared to the prior year period due primarily to an increase in intangible assets related to the acquisition of NFP.

Other general expense increased $98 million, or 28%, compared to the prior year period due primarily to the inclusion of operating expenses from NFP and integration costs.

Accelerating Aon United Restructuring Program expense decreased $9 million, or 8%, compared to the prior year period due to lower costs related to workforce optimization.

FIRST QUARTER 2025 INCOME SUMMARY

Certain noteworthy items impacted adjusted operating income and Adjusted operating margin in the first quarters of 2025 and 2024, which are also described in detail in “Reconciliation of Non-GAAP Measures – Operating Income, Operating Margin and Diluted Earnings Per Share” on page 11 of this press release.

Operating income decreased $4 million and operating margin decreased 510 basis points to 30.9%, each compared to the prior year period. Adjusted operating income increased $201 million, or 12%, and Adjusted operating margin decreased 130 basis points to 38.4%, each compared to the prior year period. The increase in adjusted operating income reflects Organic revenue growth, the impact from NFP, and net restructuring savings, partially offset by increased expenses and investments in long-term growth.

Interest income decreased $23 million compared to the prior year period due primarily to interest earned in the prior year period on the investment of $5 billion of term debt proceeds which were used to fund the purchase of NFP. Interest expense increased $62 million compared to the prior year period, reflecting an increase in total debt, primarily to fund the purchase of NFP.

Other expense was $10 million compared to other income of $75 million in the prior year period, primarily related to deferred consideration from the 2017 sale of our outsourcing business, which was greater in the prior year period. Adjusted other expense was $30 million compared to $7 million in the prior year period, primarily related to an increase in non-cash pension expense.

Net income attributable to Aon shareholders decreased 10% to $965 million compared to $1.1 billion in the prior year period. Adjusted net income attributable to Aon shareholders increased 9% to $1.2 billion compared to $1.1 billion in the prior year period.

Conference Call, Presentation Slides, and Webcast Details

The Company will host a conference call on Friday, April 25, 2025 at 7:30 a.m., central time. Interested parties can listen to the conference call via a live audio webcast and view the presentation slides at ir.aon.com.

About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on LinkedIn, X, Facebook, and Instagram. Stay up-to-date by visiting the Aon Newsroom and sign up for News Alerts

Safe Harbor Statement
This communication contains certain statements related to future results, or states Aon’s intentions, beliefs and expectations or predictions for the future, all of which are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from either historical or anticipated results depending on a variety of factors. These forward-looking statements include information about possible or assumed future results of Aon’s operations. All statements, other than statements of historical facts, that address activities, events or developments that Aon expects or anticipates may occur in the future, including such things as our outlook, market and industry conditions, including competitive and pricing trends, the development and performance of our services and products, our cost structure and the outcome of cost-saving or restructuring initiatives, including  the impacts of the Accelerating Aon United Program, the integration of NFP, actual or anticipated legal settlement expenses, future capital expenditures, growth in commissions and fees, changes to the composition or level of our revenues, cash flow and liquidity, expected tax rates, expected foreign currency translation impacts, business strategies, competitive strengths, goals, the benefits of new initiatives, growth of our business and operations, plans, references to future successes, and expectations with respect to the benefits of the acquisition of NFP are forward-looking statements. Also, when Aon uses words such as “anticipate”, “believe”, “continue”, “could”, “estimate”, “expect”, “forecast”, “intend”, “looking forward”, “may”, “might”, “plan”, “potential”, “opportunity”, “commit”, “probably”, “project”, “positioned”, “should”, “will”, “would” or similar expressions, it is making forward-looking statements.

The following factors, among others, could cause actual results to differ from those set forth in or anticipated by the forward looking statements: changes in the competitive environment, due to macroeconomic conditions (including impacts from instability in the banking or commercial real estate sectors) or otherwise, or damage to Aon’s reputation; fluctuations in currency exchange, interest, or inflation rates that could impact our financial condition or results; changes in global equity and fixed income markets that could affect the return on invested assets; changes in the funded status of Aon’s various defined benefit pension plans and the impact of any increased pension funding resulting from those changes; the level of Aon’s debt and the terms thereof reducing Aon’s flexibility or increasing borrowing costs; rating agency actions that could limit Aon’s access to capital and our competitive position; volatility in Aon’s global tax rate due to being subject to a variety of different factors, including the adoption and implementation in the European Union, the United States, the United Kingdom, or other countries of the Organization for Economic Co-operation and Development tax proposals or other pending proposals in those and other countries, which could create volatility in that tax rate; changes in Aon’s accounting estimates or assumptions on Aon’s financial statements; limits on Aon’s subsidiaries’ ability to pay dividends or otherwise make payments to Aon; the impact of legal proceedings and other contingencies, including those arising from acquisition or disposition transactions, errors and omissions and other claims against Aon (including proceeding and contingencies relating to transactions for which capital was arranged by Vesttoo Ltd. or related to actions we may take in being responsible for making decisions on behalf of clients in our investment business or in other advisory services that we currently provide, or may provide in the future); the impact of, and potential challenges in complying with, laws and regulations in the jurisdictions in which Aon operates, particularly given the global nature of Aon’s operations and the possibility of differing or conflicting laws and regulations, or the application or interpretation thereof, across jurisdictions in which Aon does business; the impact of any regulatory investigations brought in Ireland, the U.K., the U.S. and other countries; failure to protect intellectual property rights or allegations that Aon infringes on the intellectual property rights of others; general economic and political conditions in different countries in which Aon does business around the world; the failure to retain, attract and develop experienced and qualified personnel; international risks associated with our global operations, including geopolitical conflicts, tariffs, or changes in trade policies; the effects of natural or human-caused disasters, including the effects of health pandemics and the impacts of climate related events; any system or network disruption or breach resulting in operational interruption or improper disclosure of confidential, personal, or proprietary data, and resulting liabilities or damage to our reputation; Aon’s ability to develop, implement, update and enhance new technology; the actions taken by third parties that perform aspects of Aon’s business operations and client services; Aon’s ability to continue, and the costs and risks associated with, growing, developing and integrating acquired business, and entering into new lines of business or products; Aon’s ability to secure regulatory approval and complete transactions, and the costs and risks associated with the failure to consummate proposed transactions; changes in commercial property and casualty markets, commercial premium rates or methods of compensation; Aon’s ability to develop and implement innovative growth strategies and initiatives intended to yield cost savings (including the Accelerating Aon United Program), and the ability to achieve such growth or cost savings; the effects of Irish law on Aon’s operating flexibility and the enforcement of judgments against Aon; adverse effects on the market price of Aon’s securities and/or operating results for any reason, including, without limitation, because of a failure to realize the expected benefits of the acquisition of NFP (including anticipated revenue and growth synergies) in the expected timeframe, or at all; and significant integration costs or difficulties in connection with the acquisition of NFP or unknown or inestimable liabilities.

Any or all of Aon’s forward-looking statements may turn out to be inaccurate, and there are no guarantees about Aon’s performance. The factors identified above are not exhaustive. Aon and its subsidiaries operate in a dynamic business environment in which new risks may emerge frequently. Accordingly, you should not place undue reliance on forward-looking statements, which speak only as of the dates on which they are made. In addition, results for prior periods are not necessarily indicative of results that may be expected for any future period. Further information concerning Aon and its businesses, including factors that could materially affect Aon’s financial results, is contained in Aon’s filings with the SEC. See Aon’s Annual Report on Form 10-K for the year ended December 31, 2024 for a further discussion of these and other risks and uncertainties applicable to Aon and its businesses. These factors may be revised or supplemented in subsequent reports filed with the SEC. Aon is not under, and expressly disclaims, any obligation to update or alter any forward-looking statement that it may make from time to time, whether as a result of new information, future events or otherwise

Explanation of Non-GAAP Measures
This communication includes supplemental information not calculated in accordance with generally accepted accounting principles in the United States (“U.S. GAAP”), including Organic revenue growth, free cash flow, adjusted operating income, adjusted operating margin, adjusted earnings per share (EPS), adjusted net income attributable to Aon shareholders, adjusted diluted net income per share, adjusted effective tax rate, adjusted other income (expense), and adjusted income before income taxes that exclude the effects of intangible asset amortization and impairment, Accelerating Aon United Program expenses, contingent consideration, NFP transaction and integration costs, certain pension settlements, capital expenditures, and certain other noteworthy items that affected results for the comparable periods, and leverage ratio. Organic revenue growth includes the impact of intercompany activity and excludes foreign exchange rate changes, acquisitions (provided that Organic revenue growth includes Organic growth of an acquired business as calculated assuming that the acquired business was part of the combined company for the same proportion of the relevant prior year period), divestitures (including held for sale disposal groups, if any), transfers between revenue lines, fiduciary investment income, and gains or losses on derivatives accounted for as hedges. Currency impact represents the effect on prior year period results if they were translated at current period foreign exchange rates. Reconciliations to the closest U.S. GAAP measure for each non-GAAP measure presented in this communication are provided in the attached appendices. Supplemental Organic revenue growth information and additional measures that exclude the effects of certain items noted above do not affect net income or any other U.S. GAAP reported amounts. Free cash flow is cash flows from operating activity less capital expenditures. The adjusted effective tax rate excludes the applicable tax impact associated with adjustments previously described, generally at the estimated annual effective tax rate or jurisdictional rate, where appropriate. Beginning in the third quarter of 2024, the adjusted effective tax rate also excludes interest accruals for income tax reserves related to the termination fee payment made in connection with the Company’s terminated proposed combination with Willis Towers Watson. Leverage ratio is calculated by dividing total debt by trailing 12-month EBITDA. EBITDA is net income minus the impact of interest, taxes, depreciation and amortization. Management believes that these measures are important to make meaningful period-to-period comparisons and that this supplemental information is helpful to investors. Management also uses these measures to assess operating performance and performance for compensation. Non-GAAP measures should be viewed in addition to, not in lieu of, Aon’s Condensed Consolidated Financial Statements. Industry peers provide similar supplemental information regarding their performance, although they may not make identical adjustments. Aon does not provide a reconciliation of forward-looking non-GAAP measures, such as leverage ratio, where Aon believes such a reconciliation would imply a degree of precision and certainty that could be misleading and is unable to reasonably predict certain items contained in the corresponding GAAP measures without unreasonable efforts. This is due to the inherent difficulty of forecasting the timing or amount of various items that have not yet occurred and are out of the Aon’s control, or cannot be reasonably predicted. For these reasons, Aon is also unable to address the probable significance of the unavailable information.

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SOURCE Aon plc

Including Target’s new floral brand, Sony’s new telephoto zoom lens and CATL’s breakthrough in sodium-ion batteries.

NEW YORK, April 25, 2025 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

The Conference Board Leading Economic Index® (LEI) for the US Fell in March
“March’s decline was concentrated among three components that weakened amid soaring economic uncertainty ahead of pending tariff announcements: 1) consumer expectations dropped further, 2) stock prices recorded their largest monthly decline since September 2022, and 3) new orders in manufacturing softened,” said Justyna Zabinska-La Monica, Senior Manager, Business Cycle Indicators, at The Conference Board.Target Launches New Fresh Floral Brand
The retailer’s first standalone floral owned brand, Good Little Garden, makes it easy for consumers to shop a wide variety of fresh flowers and plants year-round for seasonal moments and everyday joy, starting at $6.Naxtra Battery Breakthrough & Dual-Power Architecture: CATL Pioneers the Multi-Power Era
CATL’s Naxtra Battery breaks through the performance boundaries of the material itself, achieving the mass production of sodium-ion batteries for the first time. With sodium’s inherent safety and abundant reserves, it efficiently reduces dependence on lithium resources and strengthens the foundation of new energy technologies.Chipotle Signs Development Agreement with Alsea to Open Restaurants in Mexico for the First Time
Chipotle will open a location in Mexico by early 2026 and begin exploring additional expansion markets in the region.Boeing to Sell Portions of Digital Aviation Solutions to Thoma Bravo for $10.55 Billion
Boeing will retain core digital capabilities that harness both aircraft and fleet-specific data to provide commercial and defense customers with fleet maintenance, diagnostics and repair services. Boeing is working with Thoma Bravo to help ensure as seamless of a transition as possible for employees while continuing to meet the needs of customers in accordance with all obligations.Zimmer Biomet Completes Acquisition of Paragon 28
The transaction strengthens and expands Zimmer Biomet’s foot and ankle offerings through Paragon 28’s leading technology platform while bolstering existing fracture & trauma and joint replacement portfolios.A New Mascot Checks in at Hotels.com, Ringing in 50% More Rewards and Major Summer Savings
Measuring in at about 18 inches tall and boasting a signature melodic ding, while Bellboy may not be the tallest mascot in the game, he’s never short on confidence, charisma or savvy hotel tips. He’s sharing his best insider advice on social media and in the brand’s latest marketing campaignSony Electronics Launches FE 50-150MM F2 GM
The world’s first telephoto zoom lens with a maximum focal length of 150 mm and constant F2 aperture is designed for wedding, portrait, indoor sports, photo, and video professionals.XPRIZE Makes History, Awards $100M Prize for Groundbreaking Carbon Removal Solutions
The grand prize and runner-up winning teams, selected from 20 impressive Finalists across 11 countries, each successfully removed more than 1,000 net tonnes of CO₂ in the final year of the four-year competition, meeting XPRIZE’s bold demonstration requirements, the first step towards scaling sustainably to remove billions of tonnes globally.Mother’s Day Hot Take: OpenTable Research Suggests Moms Want a ‘Time Out’ This Year
OpenTable research reveals 39% of moms have had to book their own celebratory meal, and 44% say that having someone else take the lead on decisions makes Mother’s Day the most special.Building for the Future: Chobani Invests $1.2 Billion in Upstate New York to Build Third U.S. Dairy Processing Plant
The 150-acre open stretch of land will transform into a thriving center of food production, enabling Chobani to keep up with soaring product demand and create runway for new innovations. The 1.4 million square-foot facility is expected to create over 1,000 full-time jobs.New Report: Nearly Half of People in U.S. Exposed to Dangerous Air Pollution Levels
According to the American Lung Association’s 2025 “State of the Air” report, 156 million people, 25 million more than last year’s report, are living in areas that received an “F” grade for either ozone or particle pollution. Extreme heat and wildfires contributed to worse air quality for millions of people across the U.S.

Read more of the latest releases from PR Newswire.

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Can’t-Miss Earnings

In addition to these popular releases, earnings season rolled on this week and several must-read earnings reports crossed the wire, including the quarterly results for Lockheed Martin, Southwest Airlines, 3M and Kimberly-Clark.

Catch up on all the latest earnings reports here.

Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

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