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AlphaLab Selects 15 Startups for First Combined Cohort
PITTSBURGH--(BUSINESS WIRE)--AlphaLab, the accelerator of Innovation Works helping entrepreneurs accelerate their path to market, has selected 15 promising companies to join its first combined cohort. The companies will receive up to $100,000 in investment, sector-specific expertise through specialized tracks, intensive training in customer acquisition and founder-led sales, hands-on fundraising preparation, and an immersive, on-site cohort experience. Last month, AlphaLab unified its distinct
Frazier & Deeter Grows EBP Audit Practice with New Partner Beth Lee Garner
ATLANTA--(BUSINESS WIRE)--Frazier & Deeter welcomes Beth Lee Garner, as Partner, enhancing the leadership of its National Employee Benefit Plan (EBP) Audit Practice.
Affirm adds Stitch Fix to its network of fashion merchants
SAN FRANCISCO--(BUSINESS WIRE)--Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced that it has added Stitch Fix (NASDAQ: SFIX), the leading online personal styling service, to its rapidly expanding merchant network. Approved Stitch Fix shoppers can now pay over time for the styles they love, while maintaining increased control over their budget. “In October through December, fashion sales through Affirm were up 20% year-over-year
Andersen Global Advances Valuation Capabilities in Ethiopia with New Collaborating Firm
SAN FRANCISCO--(BUSINESS WIRE)-- #adsvaluation--Andersen Global extends its African footprint with collaborating firm ADS Valuation Services PLC.
Equitable Survey Finds 80% of Americans Concerned About Affordability, Regardless of Income Level
NEW YORK--(BUSINESS WIRE)--Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), today announced new findings from its quarterly survey of 1,000 consumers to help uncover the latest financial trends that are top of mind for Americans. The survey revealed that 80% of Americans — regardless of their income level — are worried about the affordability of everyday living costs. As a result, nearly half of survey respondents intend to ch
Wolters Kluwer introduces new GenAI summarization capabilities as well as reverse auction functionality to LegalCollaborator software
HOUSTON--(BUSINESS WIRE)-- #GenAI--Wolters Kluwer today announced the launch of new GenAI-enabled summarization functionality for LegalCollaborator. Additionally, corporate legal departments can now leverage reverse auction capabilities to drive more competitive law firm bids. Raja Sengupta, Executive Vice President and General Manager of Wolters Kluwer ELM Solutions said: “Corporate legal departments are under the spotlight to improve efficiency while forging stronger, more impactful relationships with
Kaplan Earns 2025 Great Place To Work Certification™
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- #greatplacetowork--Leading global education company Kaplan is proud to be Certified™ by Great Place To Work® for the second year in a row.
Museum of American Finance to Honor Richard A. Gephardt, Peter S. Lynch and Arthur D. Cashin, Jr. at 2025 Gala
NEW YORK--(BUSINESS WIRE)--The Museum of American Finance, the nation's only independent museum dedicated to finance and financial history, will honor the achievements of three financial leaders at its annual Gala on March 6, 2025. This year’s Gala will be held at the Ziegfeld Ballroom in midtown Manhattan, with CNBC Senior Markets Correspondent Bob Pisani and “WealthTrack” Executive Producer and Managing Editor Consuelo Mack serving as the masters of ceremony. Richard A. Gephardt—former Democr
AmTrust Title Insurance Appoints Netanel Hershtik as Underwriting Counsel
NEW YORK--(BUSINESS WIRE)--AmTrust Title Insurance Company (AmTrust Title), a wholly owned subsidiary of AmTrust Financial Services, Inc., today announced the appointment of Netanel Hershtik as Underwriting Counsel & Business Development to support AmTrust Title’s continued growth in New York. Netanel Hershtik brings over seven years of title insurance and real estate legal and sales experience, having demonstrated success in underwriting and business development at various large title agen
Redfin Reports Home-Price Growth Slows as Mortgage Rates Dip to Lowest Level in Over 2 Months
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — The median U.S. home-sale price rose just 3.5% year over year during the four weeks ending February 23, the smallest increase since September. That’s according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Mortgage rates have declined to their lowest level in more than two months, dipping from 7.13% to 6.78% in the last two weeks alone and upping buyers’ purchasing power by thousands of dollars. Mortgage rates
First Community Credit Union Selects the Fiserv award-winning DNA Platform to Stay on Cutting Edge of Banking Technology
MILWAUKEE--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, today announced that First Community Credit Union, one of the largest financial institutions in Missouri, will power its future growth and success through the award-winning DNA® from Fiserv core processing platform. FCCU chose DNA due to its modern, member-centric platform that enables greater efficiencies, open and simplified integration and robust commercial features.
Fidelity® Q4 2024 Retirement Analysis: Retirement Savers Achieve Positive Momentum Through 2024
BOSTON--(BUSINESS WIRE)--According to Fidelity Investments®’ latest Q4 2024 retirement analysis, retirement savers experienced a year of positive growth in 2024. While average balances across the board dipped slightly from Q3, the end-of-year 401(k) balance ranks as the second-highest average on record and an 11% increase from the start of 2024. Additionally, both long-term Gen X1 401(k) savers and Gen X IRA savers experienced positive gains over the course of the year in both average balance a
Equity Commonwealth Completes Sale of 1225 Seventeenth Street Plaza and Reports 2024 Results
CHICAGO--(BUSINESS WIRE)--Equity Commonwealth (NYSE: EQC) (the “Company”) announced today that it closed on the sale of its last remaining property, 1225 Seventeenth Street, a 709,402 square foot office property in Denver, Colorado, for a gross sale price of $132.5 million, on February 25, 2025. The net purchase price was approximately $124.4 million after credits primarily for contractual lease costs. With this sale of its last remaining property, the Company is also updating the estimated agg
International Seaways Reports Fourth Quarter and Full Year 2024 Results
NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company,” “Seaways,” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and petroleum products, today reported results for the fourth quarter and full year of 2024. HIGHLIGHTS & RECENT DEVELOPMENTS Annual and Quarterly Results: Net income for the fourth quarter was $36 million, or $0.72 per diluted share. Net income for the full year of 2024 was $417 millio
Nuveen Churchill Direct Lending Corp. Announces Full Year and Fourth Quarter 2024 Results
NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or the “Company”), a business development company externally managed by its investment adviser, Churchill DLC Advisor LLC (the “Adviser”), and by its sub-adviser, Churchill Asset Management LLC (“Churchill”), today reported financial results for the full year and fourth quarter ended December 31, 2024. Financial Highlights for the Quarter Ended December 31, 2024 Net investment income of $0.56 per share Net rea
Unum Group Announces $3.4 Billion Long-Term Care Reinsurance Transaction with Fortitude Re
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (Unum America) has agreed to enter into an agreement to cede to Fortitude Reinsurance Company Ltd. (Fortitude Re), on a coinsurance basis, individual LTC insurance policies representing 19% of Unum's total LTC block and a quota share of IDI policies reinsured from an affiliate representing 20% of Unum's total in-force IDI premium, effective January 1, 2025. At t
ACI Worldwide, Inc. Reports Financial Results for the Quarter and Full Year Ended December 31, 2024
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, announced financial results today for the quarter and full year ended December 31, 2024. "We are proud to have finished 2024 with stronger results than we expected across our key financial metrics, and that strength has continued as we start 2025. In 2024, we grew revenue 10%, increased adjusted EBITDA margin by more than 300 basis points to 41%, and more than doubled our cash flow t
Banc of California, Inc. to Participate in the Raymond James & Associates’ 46th Annual Institutional Investors Conference
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (the “Company”) (NYSE: BANC) announced today that Jared Wolff, President and Chief Executive Officer, will meet with investors at the Raymond James & Associates’ 46th Annual Institutional Investors Conference in Orlando, Florida, on March 3, 2025. In addition to meeting with investors, Mr. Wolff will participate in a fireside chat on March 3, 2025, at 1:40 p.m. Eastern Time. The live audio webcast and replay of the fireside chat will be
Fifth Third Celebrates a Unique Holiday: Its 166.7 Percentennial
CINCINNATI--(BUSINESS WIRE)--Fifth Third known for making banking a Fifth Third Better®, is celebrating a unique milestone today; its 166.7 Percentennial anniversary.
GlobalLiving Announces New Luxury Home Development in Olde Kensington
PHILADELPHIA--(BUSINESS WIRE)--GlobalLiving Companies announces the development and promotion of a new construction gated community, Millennial Village.