News published on Business Daily in January 2025

News from January 2025


Our hearts remain with Los Angeles amid the catastrophic wildfires that have affected so many and still rage on.

According to the National Fire Protection Association (NFPA), Thanksgiving Day sees more home cooking fires in the United States than any other day of the year.

As temperatures plummet, the risk of frozen water pipes becomes a concern for households in both cold and milder climates.

State Farm has announced new initiatives to enhance its investment in women's sports, focusing on basketball.

The State Farm Mutual Automobile Insurance Company has announced the election of Kenneth J. Worzel as the Non-Executive Chair of its Board of Directors.

State Farm has expressed its concern for those affected by Hurricanes Helene and Milton, emphasizing the safety of individuals in impacted areas.

State Farm has awarded Illinois State University a $3 million grant.

Brown-Forman Corporation has announced a series of strategic initiatives aimed at fostering growth in the global spirits market.

SBA Administrator Isabel Casillas Guzman and FEMA Administrator Deanne Criswell visited Los Angeles to support federal disaster response efforts as three major wildfires burn across Southern California.

In an innovative use of county resources, Hamilton County has transformed a 31,000-square-foot warehouse on Winton Road into a temporary shelter for dogs.

The Goldman Sachs Group, Inc. has announced the formation of a new Capital Solutions Group aimed at enhancing services for corporate and investor clients in private credit, private equity, and other asset classes.

U.S. Senator Cynthia Lummis has criticized Michael Barr, Vice Chair for Supervision at the Federal Reserve, for his role in what she describes as "Operation Chokepoint 2.0."

Bank of America has confirmed that it will release its fourth quarter 2024 financial results on January 16.

The recent wildfires in Southern California have caused significant damage to numerous homes, businesses, and vehicles.

The Biden-Harris Administration has announced a record-breaking allocation of federal contracts to small businesses, totaling over $183 billion for the fiscal year 2024.

Allstate is actively assisting Southern California as residents and customers recover from recent wildfires.

Morgan Stanley has announced the appointment of 173 new Managing Directors.

Low-interest federal disaster loans are now available to Southern California businesses, homeowners, renters, and private nonprofit organizations following President Joe Biden's major disaster declaration.

The Hamilton County Board of Commissioners has announced the appointment of three local veterans to the Hamilton County Veterans Service Commission (VSC).

The Goldman Sachs Group, Inc. has announced dividends for various series of its non-cumulative preferred stock.