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WebBank Announces Philip Gitler to Lead Newly Formed Asset Finance Team
SALT LAKE CITY--(BUSINESS WIRE)--WebBank today announced that Philip Gitler has been named Senior Vice President, Head of Asset Finance, reflecting his expanded leadership of the Bank’s newly formed Asset Finance team. The new team combines WebBank’s Lender Finance and Partner Finance businesses under a unified platform designed to deliver integrated financing solutions across the specialty finance ecosystem. In his expanded role, Mr. Gitler will lead the strategic direction and growth of WebBa
AI Investment Boom Across the UK is Fuelled More by Fear of Missing out Than Actual Results, According to Expereo
LONDON--(BUSINESS WIRE)--Enterprise AI spending is climbing rapidly, with boards racing to deploy the technology faster than they can measure whether it works. According to the latest IDC InfoBrief, commissioned by Expereo*, around 70% of organizations are investing in AI, motivated by its potential or by the fear of falling behind the competition, but they lag in disciplined ROI evaluation, and one in five (20%) admit they are investing aggressively in AI with little evaluation, driven by the
Paysafe Research: Crypto Payments to Transform US Online Sports-Betting
JACKSONVILLE, Fla.--(BUSINESS WIRE)--83% of U.S. bettors are keen to use cryptocurrency to fund wagers with online sportsbooks, when permitted, according to research issued today by leading payments platform Paysafe (NYSE: PSFE). The company’s All the Ways Players Pay: Crypto Edition report also suggests that when a state permits crypto payments, sportsbooks supporting deposits by digital assets and even payouts will gain a competitive edge in player acquisition and retention. As well as bettor
Datavault AI Signs $2.0 Billion Structured Financing Term Sheet With Exclusive Global Tokenization Mandate
PHILADELPHIA--(BUSINESS WIRE)---- $DVLT #AIInfrastructure--Datavault AI Inc. (“Datavault AI” or the “Company”) (NASDAQ:DVLT), a provider of data monetization, credentialing, digital engagement, and real-world asset (“RWA”) tokenization technologies, today announced the execution on May 30, 2026 of a non-binding term sheet relating to a potential $2.0 billion dilutive structured financing transaction, pursuant to which the Company may issue shares at a purchase price of $1.55 to $2.00 per common share to an institutional i
Corient Completes Acquisitions of Stonehage Fleming and Stanhope Capital Group; Global Assets Surpass US$500 Billion
MIAMI & LONDON--(BUSINESS WIRE)-- #Corient--Wealth manager Corient completes the acquisitions of Stonehage Fleming and Stanhope Capital Group, a significant step in its global expansion.
VRRM Investors Have Opportunity to Join Verra Mobility Corporation Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $VRRM--VRRM Investors Have Opportunity to Join Verra Mobility Corporation Fraud Investigation with the Schall Law Firm
PLAB Investors Have Opportunity to Join Photronics, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $PLAB--PLAB Investors Have Opportunity to Join Photronics, Inc. Fraud Investigation with the Schall Law Firm
CZR Investors Have the Opportunity to Join Investigation of Caesars Entertainment, Inc. with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $CZR--CZR Investors Have the Opportunity to Join Investigation of Caesars Entertainment, Inc. with the Schall Law Firm
Berkshire Hathaway to Acquire Taylor Morrison Home Corporation for $8.5 Billion
SCOTTSDALE, Ariz. & OMAHA, Neb.--(BUSINESS WIRE)--Taylor Morrison Home Corporation (NYSE: TMHC) and Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) jointly announced today that they have reached a definitive agreement for Berkshire Hathaway to acquire Taylor Morrison for $72.50 per common share in cash, representing a total equity value for Taylor Morrison of approximately $6.8 billion and total enterprise value of approximately $8.5 billion. The acquisition price represents a 24% premium to Taylo
GAP Investors Have Opportunity to Join The Gap, Inc. Fraud Investigation with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)---- $GAP--GAP Investors Have Opportunity to Join The Gap, Inc. Fraud Investigation with the Schall Law Firm
INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that Sportradar Group AG (SRAD) Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)---- $SRAD #SRAD--The case alleges Sportradar and certain of its top executives made false and/or misleading statements to investors.
CVLT INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Commvault Systems, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)---- $CVLT #CVLT--The case alleges Commvault and certain of Commvault’s executive officers made false and/or misleading statements to investors.
AVAV INVESTOR NOTICE: Robbins Geller Rudman & Dowd LLP Announces that AeroVironment, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)---- $AVAV #AVAV--The case alleges AeroVironment and certain of its top executives made false and/or misleading statements to investors.
Shareholder Notice: Robbins LLP Informs Investors of the Lucid Group, Inc. Class Action
SAN DIEGO--(BUSINESS WIRE)---- $LCID #LCID--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Lucid Group, Inc. (NASDAQ: LCID) securities between February 25, 2026 and April 13, 2026. Lucid is a technology company that designs, develops, manufactures, and sells electric vehicles (“EVs”), EV powertrains, and battery systems.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Alleg
Ferrari Films Issues Formal Rebuttal to Forbes Article Mischaracterizing Section 168(k) as "Worthless" for Film Investors
LOS ANGELES--(BUSINESS WIRE)-- #168rules--Ferrari Films founder, attorney, and producer Stacy Kemp Ferrari today issued a point-by-point rebuttal to a Forbes article asserting that Section 168(k) of the Internal Revenue Code is "worthless as a tax shelter to raise financing for films." Ferrari contends the article contains critical legal oversights that, if left unchallenged, could mislead investors and producers who may have entirely lawful and well-structured grounds to benefit from the statute. "This ar
YSS INVESTOR ALERT: Kirby McInerney LLP Investigates Potential Claims Involving York Space Systems Inc.
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP continues its investigation on behalf of York Space Systems Inc. (“York Space Systems” or the “Company”) (NYSE:YSS) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws and other unlawful business practices.[LEARN MORE ABOUT THE INVESTIGATION]What Happened?York Space Systems completed its initial public offering (“IPO”) in January 2026, selling 18,500,00 shares
KBRA Assigns AA+ Rating to State of Illinois, Build Illinois Bonds (Sales Tax Revenue), Junior Obligation Series A and B of June 2026; Affirms Parity Debt; Stable Outlook
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA+ with a Stable Outlook to the State of Illinois (the "State"), Build Illinois Bonds (Sales Tax Revenue Bonds), Junior Obligation Series A and B of June 2026 (the "Junior Bonds"). KBRA additionally affirms the long-term rating of AA+ with a Stable Outlook for the State's outstanding parity Junior Obligation Build Illinois Bonds. Key Credit Considerations The rating actions were because of the following key credit considerations: Cr
Syncora Guarantee Inc. Announces the Availability of Certain Financial Information
NEW YORK--(BUSINESS WIRE)--Syncora Guarantee Inc. (“Syncora Guarantee”) today announced that certain financial information of Syncora Guarantee has been made available on Syncora Guarantee's website (www.syncoraguarantee.com). The information posted is Syncora Guarantee’s Statutory Basis Financial Statements Years Ended December 31, 2025 and 2024 With Report of Independent Auditors. About Syncora Guarantee Inc. Syncora Guarantee Inc. is a New York-domiciled insurance company that is a wholly ow
BRW Announces Notification of Sources of Distributions
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
SABA Announces Notification of Sources of Distributions
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
