Feed aggregator

SAN FRANCISCO--(BUSINESS WIRE)--Daversa today announced the promotion of Caroline Rubach to Managing Director, recognizing her impact building executive teams for companies operating across deep technology and critical industries.Caroline has been at the forefront of building Daversa’s deep tech practice, with a particular emphasis on energy that grew naturally from her early focus on climate technology. She has partnered with companies including Gridware, Overview Energy, Thea Energy, Neros, Ar

NEW YORK--(BUSINESS WIRE)--Carlyle (NASDAQ: CG) and Dynasty Equity today announced the closing of their minority investments in the Seattle Seahawks in support of the Khosla family’s purchase of the team. The investments received approval from the National Football League (“NFL”) at the Special League Meeting on Wednesday, August 26. “The Seattle Seahawks are a special franchise with a deeply engaged fan base and strong roots in the Pacific Northwest,” said Ben Fund, Partner at Carlyle. “Our ex

SALT LAKE CITY--(BUSINESS WIRE)--OpenReserve Holdings, Inc. ("OpenReserve") today announced that the Office of the Comptroller of the Currency (OCC) has granted preliminary conditional approval of its application to charter OpenReserve Bank, N.A. (in organization), a full-service national bank. OpenReserve Bank (in organization) is being built to serve businesses and financial institutions that need to move and manage capital with greater continuity, visibility, and control. The bank will be de

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” (Excellent) of Farmers New World Life Insurance Company (FNWL) (Bellevue, WA). At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Farmers Reinsurance Company (Farmers Re) (Woodland Hills, CA). The outlook of these Credit Ratings (ratings) is stable.The ratings of FNWL refle

IRVINE, Calif.--(BUSINESS WIRE)-- #HomeMeansEverything--loanDepot continues to receive national recognition in 2026 for performance across several categories valued by today’s borrowers.

NEW YORK--(BUSINESS WIRE)--Advantage Capital Holdings, LLC (“A-CAP” or the “Company”), an insurance and financial services holding company, today announced that it has entered into a definitive agreement to divest its interest in Vasco da Gama Sociedade Anônima do Futebol (“Vasco SAF” or the “Club”). In connection with the transaction, all parties have voluntarily withdrawn the litigation related to the ownership dispute. Upon closing, the divestiture will resolve A-CAP’s legacy involvement wit

LOS ALTOS, Calif.--(BUSINESS WIRE)-- #foothill--TSVC (formerly TEEC Angel Fund) has filed a motion for preliminary injunction in federal court seeking to stop what TSVC alleges are false and/or misleading statements in recently-discovered Foothill Ventures advertising concerning the historical investment record of TEEC Angel Fund (“TAF”). Founded in Silicon Valley in 2010, TSVC has invested in more than 200 technology startups, helping build 12 unicorns and 5 IPOs from seed-stage investments, including Zoo

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Ratings (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a” (Excellent) of the members of Farmers Insurance Group (Farmers). The outlook of the FSR is stable. At the same time, AM Best has revised the outlook to positive from stable for the Long-Term Issue Credit Ratings (Long-Term IR) and affirmed the Long-Term IRs of

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its Business Development Company Ratings Compendium, which looks at results for the quarter ended June 30, 2026. In this quarter’s Compendium, KBRA examines the 2Q26 and 1H26 performance of its rated business development companies (BDC) with a focus on credit quality, net asset value (NAV) volatility, and resulting leverage. During 2Q26, KBRA added two BDCs to its rated universe: Fortress Private Lending Fund and one unpublished BDC. 1H26 marked a meanin

ATLANTA--(BUSINESS WIRE)--Ceto today announced an expansion of Ceto NOVA™, its unified intelligence platform for community banks and credit unions, extending the platform through NOVA Lucira™, an AI-powered guidance capability, and NOVA Vector™, a predictive intelligence capability.Together, these capabilities expand NOVA's ability to connect intelligence across the institution and help leaders move from fragmented information to clearer priorities, informed action and ongoing evaluation.Communi

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb+” (Good) of Frank Winston Crum Insurance Company (FWC) (Clearwater, FL). The outlook of the FSR is stable.The Credit Ratings (ratings) reflect FWC’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited bu

JUNEAU, Alaska--(BUSINESS WIRE)--The Alaska Permanent Fund Corporation (APFC) Board of Trustees held meetings to review and approve the annual audited financial statements as well as advance the FY28 budget proposal to support key talent, security, and investment priorities. Ethics, Audit & Cybersecurity Committee The Board’s Ethics, Audit & Cybersecurity Committee reviewed the results of KPMG’s external audit of the Alaska Permanent Fund’s FY26 financials. In accordance with state stat

TYSONS CORNER, Va.--(BUSINESS WIRE)--growth[period] is pleased to announce the launch of its new practice in London, United Kingdom.

STAMFORD, Conn.--(BUSINESS WIRE)-- #AIChampion--ISG today announced the finalists for the 2026 ISG Women in Digital Awards program, recognizing exceptional women leaders.

NEW YORK--(BUSINESS WIRE)-- #AI--Videowise turns TikTok, Instagram, and UGC video into structured content ChatGPT, Perplexity, and Gemini can cite, launching for Shopify brands.

CHICAGO--(BUSINESS WIRE)-- #Acquisitions--Vitality, a global leader in behavioral change, helping health plans and employers deliver better health and financial outcomes, today announced the acquisition of Icario, a leading digital-first health action company that helps health payers motivate members to take meaningful steps to drive better health outcomes. The acquisition creates a connected, end-to-end model transforming how millions of members engage with their health – with a focus on prevention, early int

LONDON--(BUSINESS WIRE)-- #insurance--AM Best has assigned the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) to Mainstream Reinsurance Limited Company (Mainstream Re) (Ghana). The outlook assigned to these Credit Ratings (ratings) is stable.The ratings reflect Mainstream Re’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, very limited business profile and marginal enterprise risk management.Mainstream Re

NEWARK, N.J.--(BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), a multi-strategy investment firm focused on premium intellectual property across music, entertainment, sports and media, today announced a strategic partnership with GRAMMY-nominated producer David Kershenbaum. As part of the transaction, HarbourView has acquired Kershenbaum's interest in producer royalties and related rights across master recordings, including Tracy Chapman's "Fast Car," "Baby Can I Hold You," and "Talki

KANSAS CITY, Mo.--(BUSINESS WIRE)--A legal demand that used to take three weeks to draft now takes 20 minutes, according to Nash & Franciskato Law Firm. The firm handles personal injury and mass tort cases, including defective hip and knee implants, with three attorneys and four paralegals. Growing caseloads meant growing risk of missing a treatment gap buried in records, or a deadline. EvenUp's AI, the firm says, has erased that risk while speeding nearly every stage of a case. The results

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise Hyliion Holdings Corp. (“Hyliion” or the “Company”) (NYSE: HYLN) securities between May 12, 2026 and June 23, 2026, inclusive (the “Class Period”). Hyliion Holdings Corp. investors have until October 27, 2026 to file a lead plaintiff motion. IF YOU SUFFERED A LO