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Milliman analysis: May market gains lift corporate pension funded status to highest level since July 2001

Lastest from Businesswire - 8 hours 16 min ago
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released the results of its Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. The funded status of the Milliman 100 PFI plans improved by $18 billion during May, driven by investment returns of 2.22%. The funded ratio rose from 108.2% as of April 30 to 109.6% as of May 31—the highest mark since July 2001, when it stood at 109.9%. Plan liabilities a

Taskrabbit Tackles the Messy Reality of Life’s Chaotic Chapters in New Global “When Life Happens” Campaign

Lastest from Businesswire - 8 hours 16 min ago
SAN FRANCISCO--(BUSINESS WIRE)-- #taskrabbit--Taskrabbit, the global platform connecting people to skilled, reliable Taskers, today announces the launch of its 2026 brand campaign, "When Life Happens". Launching across North America, Europe, and the UK, the campaign highlights Taskrabbit as the essential solution for the chaotic, unpredictable chapters of life: moving to a new city, having a baby, navigating a breakup, or finally tackling those DIY projects that prove too much to handle solo. The "When Life

AM Best to Hold Analytical Briefing on Developments in Delegated Underwriting Authority Enterprises (DUAE) Segment

Lastest from Businesswire - 8 hours 16 min ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best will hold a special analytical briefing with analytical staff and industry experts to explore developments within the delegated underwriting authority enterprises (DUAE) segment. The briefing is scheduled for Tuesday, June 30, 2026, at 10:00 a.m. EDT. This briefing will discuss key performance trends from year-end 2025 and evolving market structures, as well as offer a comprehensive view into the future of the DUAE market, highlighting findings from a for

Hightower Expands the Hightower Family Office for Ultra-High-Net-Worth Families

Lastest from Businesswire - 8 hours 16 min ago
CHICAGO--(BUSINESS WIRE)--Hightower Advisors today announced the expansion of the Hightower Family Office, broadening the capabilities and support available to ultra-high-net-worth clients through Hightower advisors. The expanded offering brings together institutional investment consulting, advanced planning, family governance, tax and estate strategy, and business advisory services to help advisors address the increasingly sophisticated needs of wealthy individuals and families. The expansion

Uptempo Gartner Panel to Confront Marketing’s AI-Era ROI Crisis

Lastest from Businesswire - 8 hours 16 min ago
DENVER--(BUSINESS WIRE)--Gartner Marketing Symposium/Xpo™ 2026 will host today a panel of industry leaders who will tackle the growing data-management challenge that corporate marketers must confront in the AI era. The conversation—The ROI Blueprint: Rebuilding Marketing for the AI Era—takes place as boards, CEOs, and CFOs push their marketing teams to do more with less and marketers continue to struggle to defend their spending and prove ROI. These strategists and innovators represent a divers

Viper Partners and Alpha Practice Sales Unite to Create a Premier Advisory Group for Healthcare Practices and Middle-Market Business Transactions Nationwide

Lastest from Businesswire - 8 hours 16 min ago
PALM BEACH GARDENS, Fla.--(BUSINESS WIRE)-- #BusinessAdvisory--Viper Partners and Alpha Practice Sales today announced their strategic partnership, creating one of the nation’s most comprehensive advisory and transaction groups serving healthcare practices and middle-market businesses throughout the United States. The companies have a long successful history working on middle market transactions together. The combined organization brings together decades of experience in healthcare practice sales, mergers and acqu

Taskrabbit Tackles the Messy Reality of Life’s Chaotic Chapters in New Global “When Life Happens” Campaign

Lastest from Businesswire - 8 hours 16 min ago
SAN FRANCISCO--(BUSINESS WIRE)-- #taskrabbit--Taskrabbit, the global platform connecting people to skilled, reliable Taskers, today announces the launch of its 2026 brand campaign, "When Life Happens". Launching across North America, Europe, and the UK, the campaign highlights Taskrabbit as the essential solution for the chaotic, unpredictable chapters of life: moving to a new city, having a baby, navigating a breakup, or finally tackling those DIY projects that prove too much to handle solo. The "When Life

MAXEX Hires Chief Financial Officer John McNeill

Lastest from Businesswire - 8 hours 16 min ago
ATLANTA--(BUSINESS WIRE)--MAXEX, the digital exchange for trading U.S. residential mortgage loans through a single centralized clearinghouse, today announced the appointment of John McNeill as Chief Financial Officer, based in the company’s Atlanta headquarters. As a member of MAXEX’s executive leadership team, McNeill will lead the company’s financial strategy, including capital formation, capital deployment, financial operations and corporate growth initiatives. “MAXEX has built a tremendous

KaufmanIT Announces Strategic Investment from Abry Partners

Lastest from Businesswire - 8 hours 16 min ago
IRVINE, Calif. & BOSTON--(BUSINESS WIRE)--KaufmanIT (the “Company”), an award-winning managed IT, cybersecurity, and cloud services provider serving small and mid-sized businesses, today announced a strategic investment from Abry Partners (“Abry”), a Boston-based private equity firm. Founded in 2010 and headquartered in Irvine, California, KaufmanIT delivers enterprise-grade technology solutions tailored to companies with as many as 2,500 users in Orange County, Los Angeles, and the broader Sou

ELECTRA AI and Naoris Quantum Protocol Inc. Partner on Post-Quantum, Decentralized Trust for AI Battery Intelligence

Lastest from Businesswire - 8 hours 16 min ago
BOSTON & MIAMI--(BUSINESS WIRE)--ELECTRA AI (“Electra”) and Naoris Quantum Protocol Inc (“Naoris Quantum Protocol”) today announced a partnership to bring post-quantum cybersecurity to AI battery intelligence, the fast-growing layer where always-connected battery systems meet the AI models that monitor, optimize, and control them. The two companies are pairing Electra’s AI Brain for Batteries™ platform with Naoris Quantum Protocol’s post-quantum, decentralized trust layer to advance a cybersecu

Post Oak Energy Capital Announces Midway Energy Partners Asset Monetization

Lastest from Businesswire - 8 hours 16 min ago
HOUSTON--(BUSINESS WIRE)--Post Oak Energy Capital, LP (“Post Oak”) today announced that Midway Energy Partners, LLC (“Midway”) has completed the sale of Permian Basin assets to multiple operators. Based in Midland, Texas, Midway is an upstream platform focused on the acquisition and development of operated positions across the Permian Basin, with a particular focus on the Midland Basin. “Midway reflects Post Oak’s strategy of backing entrepreneurial management teams with differentiated commerci

ACORE CAPITAL Appoints Cynthia Holahan as Chief Marketing Officer

Lastest from Businesswire - 8 hours 16 min ago
NEW YORK--(BUSINESS WIRE)--ACORE CAPITAL, a leading U.S. commercial real estate debt investment manager, today announced the appointment of Cynthia Holahan as Chief Marketing Officer. In this newly created role, Holahan will lead ACORE CAPITAL’s global marketing strategy, brand positioning, investor communications, and business development marketing. “Cynthia’s appointment marks another step in our commitment to building a world-class leadership team that will drive growth as we enter an exciti

KnowledgeLake Appoints Billy Biggs as CEO to Lead Next Phase of Growth

Lastest from Businesswire - 8 hours 16 min ago
ST. LOUIS--(BUSINESS WIRE)-- #AI--KnowledgeLake, an AI‑powered enterprise workflow automation platform, today announced the appointment of Billy Biggs as Chief Executive Officer. Biggs brings extensive experience scaling enterprise SaaS businesses and joins KnowledgeLake at a pivotal moment as the company accelerates its expansion and deepens its platform capabilities. KnowledgeLake helps enterprises eliminate the friction of document-heavy work, combining intelligent document processing (IDP), workf

Interactive Brokers Launches Commission-Free iShares ETFs from BlackRock through Recurring Investment Feature Across Europe

Lastest from Businesswire - 11 hours 16 min ago
GREENWICH, Conn.--(BUSINESS WIRE)-- #IBKR--Interactive Brokers launches commission-free iShares ETFs from BlackRock through Recurring Investment feature across Europe.

Forrester Reveals The Top 10 Highest-Performing Brands In Its 2026 Global Total Experience Score Rankings​ At Its CX Events

Lastest from Businesswire - 11 hours 16 min ago
AMSTERDAM & CAMBRIDGE, Mass.--(BUSINESS WIRE)--According to Forrester’s (Nasdaq: FORR) 2026 global Total Experience Score rankings of 375 brands evaluated across Asia Pacific, Europe, and North America in 2025 and 2026, 41% improved their scores while only 3% declined. A compelling total experience — calculated by combining Forrester’s Customer Experience Index (CX Index™), Brand Experience Index (BX Index™), and, for the first time, the new Employee Experience Index (EX Index™) into a unified

Longpoint Expands into Germany and the Netherlands, Targeting €400 Million of Infill Logistics Investment

Lastest from Businesswire - 11 hours 16 min ago
BOSTON--(BUSINESS WIRE)--Longpoint Partners today announced its expansion into Germany and the Netherlands, extending its infill industrial strategy into two of Europe’s most supply-constrained logistics markets. The firm is establishing a presence in high-demand locations, including Düsseldorf, Frankfurt, and the Randstad, and plans to deploy approximately €400 million into logistics assets near major population centers and transportation corridors. “We are excited to expand Longpoint’s infill

ZimCal (BIMIZCI) Calls Out Medallion Financial’s Latest Attempt at Distracting From its Core Underperformance by Using MFIN’s Favored Tactic of Personal Attacks

Lastest from Businesswire - Mon, 06/08/2026 - 20:48
MINNEAPOLIS--(BUSINESS WIRE)---- $MFIN #Activism--ZimCal Asset Management through BIMIZCI Fund LLC provides a longer response to Medallion Financial’s inaccurate and misleading June 4, 2026 press release, which was transparently designed to manipulate stockholders and publicly sully ZimCal’s and its nominees’ reputations. We have already issued a Rebuttal Deck that comprehensively disproved recycled attacks from MFIN. Unlike MFIN we have relied on data and the actual written record. But the inflammatory and inaccu

PicS N.V. Notice of August 4, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline

Lastest from Businesswire - Mon, 06/08/2026 - 20:48
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., notifies investors in PicS N.V. (“PicS” or the “Company”) (NasdaqGS: PICS) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of investors of PicS who were adversely affected if they purchased the Company’s Class A common stock in and/or traceable to its January 30, 2026 initial public offering

GeneDx Holdings Securities Fraud Class Action Result of Acquisition Performance Misrepresentations and 49% Stock Decline - Investors may Contact Lewis Kahn, Esq, at Kahn Swick & Foti, LLC

Lastest from Businesswire - Mon, 06/08/2026 - 20:48
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors with substantial losses that they have until August 3, 2026 to file lead plaintiff applications in a securities class action lawsuit against GeneDx Holdings Corp. (NasdaqGS: WGS) (“GeneDx” or the “Company”), if they purchased or otherwise acquired the Company’s shares between April 16, 2025 and May 4, 2026, inclusive (the “Clas

INVESTOR ALERT: Securities Class Action Filed Against Verra Mobility Corporation – Investors Encouraged to Contact Kirby McInerney LLP

Lastest from Businesswire - Mon, 06/08/2026 - 20:48
NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Verra Mobility Corporation (“Verra Mobility” or the “Company”) (NASDAQ:VRRM) securities during the period of February 24, 2026 through May 26, 2026, inclusive (“the Class Period”).If you suffered a loss on your Verra Mobility investments, you have until August 4, 2026 to request lead plaintiff appointment. Courts do not consider lead plaintiff ap

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