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Are B Corps right for healthcare companies? Cathy Thomas Hess, RN, a clinical wound care expert, founded Wound Care Strategies in 1995 as a healthcare business consulting company. Now called Well Care ...

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As counsel for many socially-conscious businesses, perhaps the most frequent early-stage question we field from entrepreneurs is whether they should organize their business as a traditional business ...

(Reuters) - OpenAI on Friday laid out a plan to transition its for-profit arm into a Delaware public benefit corporation (PBC) to help it raise capital and stay ahead in the costly AI race against ...

BERKELEY, Calif., April 2, 2025 /PRNewswire/ -- Touchstone Climbing is proud to announce we're now officially a Public Benefit Corporation (PBC)—a vital milestone in our ongoing commitment to aligning ...

The Wall Street Journal recently reported that xAI, the artificial intelligence startup founded by Elon Musk, completed a funding round of $5 billion at a pre-money valuation of $45 billion ($50 ...

Being a benefit corporation does not mean eschewing profit. To the contrary. “We see the for-profit structure as being a powerful one for aligning people around a goal,” says Yancey Strickler, a ...

Athletes Unlimited is the first public benefit pro sports league. What does that mean for the players? Athletes receive childcare benefits, donate to nonprofits of their choosing, and serve on ...

A growing niche investment has caught the attention of investors who are committed to ESG and impact investing: the public-benefit corporation. The allure for investors is that PBCs are legally ...

CHICAGO & TOPEKA, Kan.-- (BUSINESS WIRE)-- Guggenheim Partners, LLC and Security Benefit Corporation (Security Benefit) today announced the closing of the acquisition of Security Benefit by a ...