Lastest from Businesswire

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of May of $1.40 billion or $1.10 billion, after-tax. Catastrophe losses included 14 events estimated at $1.48 billion, with approximately 70% of the losses related to five wind and hail events, primarily in Texas, Colorado and Illinois. Total catastrophe losses for April and May were $1.89 billion, pre-tax, and total catastrophe losses for May year-to-date were $2.6

NEW YORK & LONDON--(BUSINESS WIRE)--New research from Unily shows the negative impact of workplace interruptions caused by digital notifications on employee well-being and productivity.

BOSTON--(BUSINESS WIRE)-- #LATAM--Torc, the AI-powered talent marketplace acquired by Randstad, wins RemoteTech Breakthrough's “Overall Remote Tech Company of the Year” award

PORTLAND, Ore.--(BUSINESS WIRE)--Succession Resource Group (SRG), a consulting firm helping financial services professionals, has been named to Inc.’s annual Best Workplaces list. Prominently featured on Inc.com, the list is the result of a comprehensive measurement of American companies that have excelled in creating exceptional workplaces and company cultures, whether operating in a physical or a virtual facility. Founded in 2012 on the core values of employees-first, excellence, integrity, a

LEHI, Utah--(BUSINESS WIRE)--Weave (NYSE: WEAV), a leading all-in-one experience platform for small- and medium-sized healthcare businesses, has been named to Inc.’s annual Best Workplaces list. The list is the result of a comprehensive measurement of U.S. companies that have excelled in creating exceptional workplaces and company cultures, whether operating in a physical or a virtual facility. “Each year, Inc.’s Best Workplaces program recognizes the very best in terms of companies that have f

LOS ANGELES--(BUSINESS WIRE)-- #dataanalytics--COPE Health Solutions (CHS) is proud to announce today that it has earned Certified Data Partner designation in the new National Committee for Quality Assurance (NCQA) Data Aggregator Validation program. Organizations that earn Certified Data Partner designation undergo a rigorous assessment. Validation activities include a virtual site review with staff interviews and a review of documentation, queries and systems. Closing key gaps in care related to quality measu

BOSTON & NEW YORK--(BUSINESS WIRE)--Charlesbank Capital Partners (“Charlesbank”), a middle-market private investment firm, announced today that it has successfully completed fundraising for Charlesbank Technology Opportunities Fund II (“TOF II” or the “Fund”). The Fund closed at its hard cap of $1.275 billion of commitments1 from a diverse set of existing and new limited partners, surpassing its target of $1.1 billion and initial hard cap of $1.2 billion. TOF II is the successor fund to Charles

WALTHAM, Mass.--(BUSINESS WIRE)--Thermo Fisher Scientific Inc. (NYSE: TMO) (“Thermo Fisher”), the world leader in serving science, announced that its wholly owned subsidiary, Orion Acquisition AB (the “Buyer”), has extended the expiration time of the offering period of its previously announced tender offer (the “Offer”) to acquire all of the outstanding common shares (“Shares”) and all of the outstanding American Depositary Shares, each representing one Share (“ADSs”), of Olink Holding AB (publ

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower announced today that Casey Craig has been appointed executive vice president of Empower’s Large, Mega and Not-for-Profit (LMN) segment. Craig joined Empower in 2009 as a Regional Sales Director and has most recently been leading the LMN sales organization, consultant relations, as well as participant engagement and communication. He replaces Bill McDermott, who will be retiring July 1. The LMN segment consists of more than 1,600 plan sponsor cl

GREENWICH, Conn.--(BUSINESS WIRE)--Littlejohn & Co., LLC (“Littlejohn”), along with co-investors, announced today that it has made a structured capital, minority investment in Great Day Improvements (“Great Day”), a vertically integrated, direct-to-consumer provider of premium home improvement products. The proceeds from the investment will be used to support Great Day’s acquisition of ELM Home & Building Solutions, including its well-known brands, Englert® and LeafGuard®. “We are pleas

TROY, Mich.--(BUSINESS WIRE)--J.D. Power: Personalized Financial Advice Increasingly Resonates with Retail Bank Customers—Especially Younger Ones

MCLEAN, Va.--(BUSINESS WIRE)-- #aigovernance--FairNow raises $3.5M in seed funding to accelerate its mission of helping enterprises manage AI-related business and regulatory risks.

ROCKLEDGE, Fla.--(BUSINESS WIRE)--M2X Energy Inc. (“M2X” or “the Company”), an end-to-end developer of modular, transportable gas-to-liquids systems that economically produce low-carbon methanol from stranded methane, announced today a $40 million Series B financing round led by Conifer Infrastructure Partners (“Conifer”). Also participating in the round are the existing Series A investors including Breakthrough Energy Ventures (“BEV”), Eni Next, Add Ventures by SCG, and Autodesk Foundation. Th

DAYTON, Ohio--(BUSINESS WIRE)--Xerion Advanced Battery Corp., a privately held manufacturer of lithium-ion batteries with a vision to revolutionize the energy industry through the development of disruptive technologies, announced today the appointment of Jim Thompson as Chief Financial Officer. The appointment is effective as of June 10, 2024. Prior to Xerion, Thompson served as Chief Financial Officer for Relyion Energy, Inc., an advanced AI battery management and energy management company pow

HOBOKEN, N.J.--(BUSINESS WIRE)-- #NICE--NICE (Nasdaq: NICE) today announced the release of the 2024 International Happiness Index, its groundbreaking, inaugural research which highlights the opportunity gap between consumer demands and what businesses are delivering when it comes to CX. The index found most consumers believe if organizations leverage digital and AI solutions in customer service, it can close the gap and make them happier and more loyal consumers. For a complimentary copy of the report,

INDIANAPOLIS--(BUSINESS WIRE)--Backstroke is announcing the launch of its generative AI messaging platform that’s set to revolutionize email, SMS, mobile push, and customer marketing for B2C brands. Backed by a $2M seed round co-led by venture firms High Alpha and Ground Game Ventures, and with participation from Allos Ventures. Backstroke combines fresh technology with seasoned experience, presenting a significant opportunity in the marketing tech landscape. Backstroke leverages a vast dataset

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of BEST Inc. (NYSE: BEST) to BEST Global Partners and Phoenix Global Partners for $2.88 in cash per American Depository Share is fair to BEST shareholders. Halper Sadeh encourages BEST shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigati

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of MorphoSys AG (NASDAQ: MOR) to Novartis for €68.00 per share in cash is fair to MorphoSys shareholders. Halper Sadeh encourages MorphoSys shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether MorphoSys and its board o

BOSTON--(BUSINESS WIRE)--Numerated today announced a strategic investment from Citi. Citi will also engage Numerated to provide its financial spreading solution for the bank’s enterprise lending operations. Numerated is a modular commercial lending platform delivering highly efficient experiences to any or all parts of the credit process. Financial institutions face the challenge of managing vast amounts of data efficiently. The transition from traditional Excel-based processes to an automated

TORONTO & NEW YORK--(BUSINESS WIRE)--The Real Brokerage Inc. (NASDAQ: REAX, “Real”), the fastest-growing, publicly traded real estate brokerage, today released results from its May 2024 Agent Survey. The survey indicates agents’ continued optimism despite a predicted decline in North American home sale transactions during the month of May. “While affordability challenges persist, it is promising to see our Agent Optimism Index remain in positive territory, reflecting agents’ confidence in the f