BusinessGovernmentTechnology

SEC’s EDGAR Filing System Experiences Technical Disruption During Government Shutdown

The SEC’s corporate filing system experienced technical difficulties preventing the display of disseminated filings on SEC.gov. The issues occurred while the regulator was operating with a skeleton crew during the government shutdown. Officials confirmed the system has since returned to normal operation.

SEC Filing System Experiences Temporary Disruption

The U.S. Securities and Exchange Commission‘s EDGAR corporate filings database experienced intermittent technical issues Monday, reportedly preventing the display of disseminated filings on the regulator’s official website. According to reports, a notice posted on SEC.gov indicated that “submissions that have been accepted may not be reflected on SEC.gov” due to the display problems.

Business

MSC Industrial Supply Appoints Jahida Nadi as Senior Vice President of Sales

MSC Industrial Supply has appointed Jahida Nadi as its new senior vice president of sales, according to company reports. Nadi brings nearly two decades of experience from Hilti Corp., with a background in aerospace engineering and leadership across industrial markets.

New Leadership at MSC Industrial Supply

MSC Industrial Supply has named Jahida Nadi as its new senior vice president of sales, according to reports released by the company. Nadi, who previously spent nearly 20 years at multinational tool and fastener supplier Hilti Corp., will lead sales initiatives aimed at enhancing collaboration between sellers, customers, and suppliers. Sources indicate that her appointment reflects MSC’s strategy to address evolving industry demands through experienced leadership.

BusinessManufacturing

Industrial Motion Group Expands Portfolio with Acquisition of Leading Pulley Manufacturer

Solve Industrial Motion Group has reportedly acquired B&B Manufacturing, the largest synchronous drive pulley manufacturer in North America. The acquisition significantly enhances Solve’s domestic manufacturing footprint and drive train solution offerings. Company officials suggest the move will benefit customers through faster lead times and expanded made-to-order capabilities.

Strategic Acquisition in Power Transmission Sector

Solve Industrial Motion Group has reportedly acquired B&B Manufacturing, according to recent announcements. Sources indicate this strategic move significantly expands Solve’s domestic manufacturing capabilities in the power transmission sector. The acquisition comes just one week after Solve’s purchase of New Jersey-based Power Rite Products, signaling an aggressive expansion strategy.

BusinessTechnology

Apple Overtakes Microsoft in Market Value Following Strong iPhone 17 Sales

Apple has reclaimed the position as the world’s second-most valuable company after a stock rally pushed its market capitalization above Microsoft’s. The surge comes amid reports of strong initial sales for the iPhone 17, particularly in key markets like China and the United States.

Market Cap Milestone

Apple has reportedly overtaken Microsoft as the world’s second-most valuable company by market capitalization, according to recent financial data. Sources indicate Apple’s valuation reached approximately $3.9 trillion as of Monday afternoon, edging past Microsoft‘s $3.8 trillion valuation. Only Nvidia, with a $4.4 trillion market cap, currently ranks higher among publicly traded companies.