Clarivate Plc (CLVT), a global leader in transformative intelligence, has expanded its longstanding collaboration with the American Library Association - ALA by becoming the inaugural sponsor of ALA's newly launched Public Supporter Program.
This initiative, launched on February 10, 2025, is designed to engage the public in advocating for libraries and professionals by offering access to news, resources, and advocacy tools. As the world's largest library association, the ALA works to champion libraries of all sizes and the communities they serve, emphasizing literacy, education, and equitable access to information.
Clarivate's two-year sponsorship will aid key ALA efforts, including lobbying for library funding at various government levels, providing grants to underserved libraries, protecting the right to read, and expanding broadband access.
Bar Veinstein, President of Academia & Government at Clarivate, highlighted libraries' critical role in education and information access, affirming the company's commitment to supporting their mission.
ALA President Cindy Hohl expressed appreciation for Clarivate's strengthened commitment, recognizing the company as a vital partner in the fight for libraries' future.
Monday, CLVT closed at $4.34, up 0.46%, and remained flat during after-hours trading on the NYSE.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.