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MILWAUKEE--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for August 2025, with the seasonally-adjusted Index holding steady at 149. Year-over-year sales (+3.9%) and transactions (+3.7%) remained strong, as resilient consumer spending continued. Average ticket sizes (+0.3%) also grew compared to 2024. Month-over-month sales were relatively unchanged despite an increase in foot traff

NEW YORK & DUBLIN & TOKYO--(BUSINESS WIRE)--Sumitomo Corporation, SMBC Aviation Capital, Apollo managed funds (“Apollo”) and Brookfield, today announced that they have reached a definitive agreement to acquire Air Lease Corporation (“Air Lease”), a leading aircraft lessor founded by Steven F. Udvar-Házy and John L. Plueger with a portfolio primarily comprised of new technology aircraft. Upon closing, Air Lease will be renamed Sumisho Air Lease, a newly established entity. Apollo and Brookfield

NEW YORK--(BUSINESS WIRE)--Macquarie Asset Management today announced that Macquarie Infrastructure Partners VI (“MIP VI”), an unlisted infrastructure fund managed by Macquarie Asset Management has exercised the previously announced option to acquire an additional 9% equity stake in select U.S. Gulf Coast infrastructure assets of Dow Inc. (“Dow”) (NYSE: DOW). This brings MIP VI’s total equity stake in Diamond Infrastructure Solutions (“Diamond”) to 49%. Diamond is a specialist infrastructure pr

BOSTON--(BUSINESS WIRE)--CW Advisors, LLC (“CWA”), a registered investment advisor (“RIA”), headquartered in Boston, announces it has acquired Capital Management Services, Inc. (“CMS”) and CHB Investment Group, LLC (“CHB”). CMS and CHB, both located in Pennsylvania, provide financial planning and investment management services to high-net-worth individuals. The deals add $575 million in assets under management (AUM) to CWA. Terms of the transactions, which closed last month, are not disclosed.

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today announced that its Board of Directors has unanimously approved a plan to separate the Company into two independent, publicly traded companies through a tax-free spin-off. The separation is designed to maximize Kraft Heinz’s capabilities and brands while reducing complexity, allowing both new companies to more effectively deploy resources toward their distinct strategic priorities.

DUBLIN--(BUSINESS WIRE)--ICON plc to Participate at Upcoming Investor Conferences

LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) announced today that Jared Wolff, Chairman and Chief Executive Officer, will meet with investors at the Barclays 23rd Annual Global Financial Services Conference in New York on September 8–10, 2025. In addition to meeting with investors, Mr. Wolff will participate in a fireside chat on September 9th at 10:30 a.m. Eastern Time. The live audio webcast and replay of the fireside chat will be available on Banc of California’s inves

SEATTLE--(BUSINESS WIRE)-- #healthcarecosts--Milliman projects a 65-year-old couple needs $388,000 in savings for healthcare in retirement.

WEST HARTFORD, Conn.--(BUSINESS WIRE)--Apella Wealth (“Apella”), a financial advisory and wealth management firm serving individuals, families, and businesses, announced today that Park Piedmont Advisors (“Park Piedmont”), a respected Chicago and San Francisco Bay area advisory firm, has joined Apella. Established in 2003, Park Piedmont is a fee-only advisory firm led by Nick and Tom Levinson (and co-founded by Nick and their late father, Victor). The firm is recognized for its personalized app

WINDSOR, Conn.--(BUSINESS WIRE)--SS&C Technologies To Acquire Curo Fund Services

MIAMI & LONDON--(BUSINESS WIRE)-- #Corient--Corient announces the addition of Stonehage Fleming and Stanhope Capital Group, creating a $430-billion global independent wealth management firm.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--As reinsurance industry leaders prepare to gather in Monte Carlo for the annual Rendez-Vous de Septembre, AM Best’s latest research on the global industry highlights the segment’s strong technical results and disciplined underwriting amid a market recalibration since the January 2023 renewal period. Now available in one comprehensive volume, featuring exclusive extra content, AM Best’s in-depth analysis of key segments and regional markets spotlights a shift in h

GENEVA--(BUSINESS WIRE)--Generation Impact Global (GIG), a Swiss RegTech company specialising in sustainability and non-financial data management, today announced the official launch of QB-EDGE, its next-generation questionnaire and data collection tool. Built for financial institutions, corporates, and multi-stakeholder ecosystems, QB-EDGE addresses one of the most pressing challenges in ESG and regulatory reporting: how to collect and manage complex data across multiple teams and frameworks w

AI is changing work for many businesses, often saving time and cost, while also delivering better outcomes.

Yet, according to multiple studies, the primary factors hindering AI adoption are concerns about inaccuracy and data security.

Inaccuracy – to address, look for sources of data, and read/check everything.

Image by Data Science Dojo

Data security – opt out of your data being used for learning; also, check your data security measures regularly.

There are other elements as well, you should be aware of and keep in mind as you move forward with AI.

Mind the gaps to manage AI implementation

Responsibility – the potential gap between developers, application builders, and end users of AI models. Determine who is responsible for the model’s accuracy and possible harms.

Principles – businesses may enact responsible AI principles, but the teams building and deploying AI offerings often struggle to operationalize them. Ensure the teams building Ai applications have visibility into the data used to train models, have detailed information on and deploy how it may perform.

Goals – business goals need to be aligned; otherwise, gaps occur and anticipated results do not occur. First, make sure everyone is clear and aligned on why AI is being used in the first place: human augmentation or automation, operational efficiency or revenue growth, improved over human accuracy or lower cost, and other business goals. Also consider the role environmental sustainability plays in your business decisions.

Further, consider your own potential gaps:

Knowledge – not just your business knowledge, but that specifically of AI and what it can do for your business.

Patience – the initial result, even multiple iterations, often do not produce the desired outcome. You need to be patient and be more specific when you ask for clarification and provide more detailed information as a basis for going forward.

Remember, AI is not a substitute for human judgment.  With AI, it is possible to check more sources and survey larger data pools. But it takes a human in the driver’s seat to decide what to look at, which information to include, and to check the accuracy of the output.

There is a need for AI within businesses.  AI is affecting how firms think about career paths within their businesses. Already, there are reports of entry level jobs drying up, being done by AI. Ai expertise is increasingly important to how businesses operate, yet it is often difficult to attract “non-qualified” technical experts.

Please share other gaps you have identified and how AI has affected your business.

WILMINGTON, Del.--(BUSINESS WIRE)-- #Intertextile--The LYCRA Company returns to Intertextile Shanghai with an open-concept co-creation space showcasing its new LYCRA® brand positioning and innovations.

PALO ALTO, Calif.--(BUSINESS WIRE)--500 Global, one of the world’s most active venture capital firms1, and dcamp, South Korea’s premier foundation dedicated to fostering entrepreneurship, today announced a strategic partnership aimed to accelerate Korean startups’ growth as they expand to the US market. Leveraging their proven track of supporting promising founders, 500 Global and d.camp will identify Korean startups that are primed for international expansion and investment. Select startups wi

PEMBROKE, Bermuda--(BUSINESS WIRE)--Gold Reserve Ltd. (TSX.V: GRZ) (BSX: GRZ.BH) (OTCQX: GDRZF) (“Gold Reserve” or the “Company”) announces that on August 29, 2025, the U.S. Government filed a Statement of Interest in the pending New York federal court litigation regarding the validity of the 2020 PDVSA bonds. The key question in the litigation is whether the 2020 PDVSA bonds are invalid under Venezuelan law and, if so, the consequences of this invalidity. The 2020 PDVSA Bonds were issued by th

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of th

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section 19(a) of the Investment Company Act of 1940 (the “Investment Company Act”). IMPORTANT INFORMATION REGARDING MONTHLY DISTRIBUTION Distribution Notice. Pursuant to Section 19(a) of the In

LOS ANGELES--(BUSINESS WIRE)---- $SMLR--SMLR Investors Have Opportunity to Lead Semler Scientific, Inc. Securities Fraud Lawsuit with the Schall Law Firm