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Outgoing director of Bureau of Alcohol, Tobacco, Firearms and Explosives Steven Dettelbach to rejoin BakerHostetler
WASHINGTON--(BUSINESS WIRE)--BakerHostetler: Key takeaways Steven Dettelbach, who stepped down from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) on Jan. 17, returns to BakerHostetler after more than two years as ATF director. He will join as a partner in our national Litigation Practice Group and as a member of the White Collar, Investigations and Securities Enforcement and Litigation team, and has been tapped to chair our 400-attorney Litigation Practice Group, succeeding Ray
Alpaca Real Estate Closes $50 Million Credit Facility with Stifel Bank
NEW YORK--(BUSINESS WIRE)--Alpaca Real Estate (“ARE”), an alternative investment management firm, announced today the closing of a $50 million credit facility with Stifel Bank. This financing marks another key milestone in the firm’s growth, reflecting both the significant progress made in advancing its opportunistic investment strategy and the growing confidence that leading institutions have in its ability to deliver strong results. In addition to the Stifel Bank credit facility, GCM Grosveno
Pitney Bowes Presort Services Advances Nationwide Growth Through Strategic Expansion
STAMFORD, Conn.--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) (“Pitney Bowes” or the “Company”), a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world, today announced that it has acquired the presort business of Royal Alliances, Inc. (“Royal Alliances” or “RA”), a provider of technology-enabled shipping and mailing solutions, headquartered in Irving, Texas. This acquisition further strengthens the Pitney Bowe
BetterUp Launches AI Coaching: Bridging Human Expertise and AI Innovation to Transform Organizational Impact at Scale
AUSTIN, Texas--(BUSINESS WIRE)--BetterUp, the human transformation company and inventor of virtual coaching, is excited to announce the launch of a new AI coach offering designed to provide access to coaching at scale. Available now, this innovative solution in BetterUp’s human transformation platform uses evidence-based approaches to deliver highly-customized coaching experiences to all employees that aligns with each individual’s unique role, personality, preferred learning style, and organiz
The Kraft Heinz Company to Report Fourth Quarter and Full Year 2024 Results on Feb. 12, 2025
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) will release its fourth quarter and full year 2024 financial results on Wednesday, Feb. 12, 2025. A press release and supplemental materials, including a pre-recorded management discussion, will be issued before the market opens. Kraft Heinz management will then host a live question-and-answer session with analysts beginning at 9:00 a.m. Eastern Standard Time. The earnings release, supplemental material
Churchill Achieves Record Investment Activity in 2024
NEW YORK--(BUSINESS WIRE)--Churchill Asset Management LLC, the U.S. private capital investment-specialist of Nuveen, announced the firm closed or committed over $13 billion across approximately 400 transactions in 2024, surpassing its previous annual record in 2022 by 18%. Further, Churchill raised over $10 billion, bringing firmwide committed capital to $52 billion1 from more than 4,000 institutional, family office and high-net worth investors globally and representing the firm’s second-larges
3Play Media Launches AI-Enabled Video Accessibility Solutions to Help Universities Meet 2026 ADA Requirements
BOSTON--(BUSINESS WIRE)-- #accessibility--3Play Media, the leading media accessibility provider in North America, announced today the launch of a comprehensive package of AI-enabled video accessibility tools designed to help universities comply with expanded ADA Title II regulations before the 2026 enforcement deadline. The patented, industry-first solutions suite includes AI-enabled audio description, captioning, and live captioning. 3Play Media’s new solution set uses patented technology to combine AI-enabled
Access Point Financial Provide $195 Million Refinancing for The Beekman, A Thompson Hotel
ATLANTA--(BUSINESS WIRE)--Access Point Financial provided $195 million refinancing for The Beekman, A Thompson Hotel in Manhattan, New York.
BWI Endorses President Trump’s Border Security Initiative, Reflecting its AI Investment Portfolio
ABU DHABI, United Arab Emirates--(BUSINESS WIRE)--Burkhan World Investments (BWI), a leading investor in next-generation technologies, strongly supports President Donald Trump’s renewed focus on advancing border security, as outlined in his inaugural address. BWI is proud to stand behind the innovative AI-driven solutions developed by one of its portfolio companies, Blaize, which are poised to transform the way national borders are monitored and secured. Shahal Khan, Founder of Burkhan World In
ICE Launches Index to Track Performance of New Listings on the New York Stock Exchange
NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced the launch of the NYSE® IPO Index (NYSEIPO), a new equal-weighted index to track the performance of companies listed on the NYSE Group’s exchanges that have been spun off, directly listed, uplisted from OTC or ex-U.S. markets or completed initial public offerings (IPOs) during the last three years. "This new index facilitates investment in the performance of
Byline Bancorp, Inc. Appoints Brian F. Doran as General Counsel
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (NYSE: BY) announced today that Brian F. Doran has joined the Company and Byline Bank as Executive Vice President, General Counsel. Mr. Doran will be responsible for leading the company’s overall legal function and corporate governance initiatives while providing operational and strategic support to the organization and its Board of Directors. Roberto R. Herencia, Executive Chairman and Chief Executive Officer of Byline Bancorp, Inc., stated, “Bria
OTTOMOTO® Partners with Algebrik AI to Enhance Embedded Lending with AI-Driven Insights
ATLANTA--(BUSINESS WIRE)-- #AIinFinance--Algebrik AI Partners with OTTOMOTO® to Transform Automotive Lending with AI-Powered Loan Origination
BlackRock Announces Changes to BlackRock Innovation and Growth Term Trust (BIGZ)
NEW YORK--(BUSINESS WIRE)---- $BIGZ--BlackRock Advisors, LLC announced today that the Board of Trustees of BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) (the “Trust”) has approved certain changes to the Trust’s investment policies (collectively, the “Strategy Changes”). As part of the Strategy Changes, the Trust will (i) adopt a new non-fundamental investment policy to invest, under normal market conditions, at least 80% of its total assets in a combination of equity securities issued by U.S. a
BlackRock Announces Board Approval of Closed-End Fund Reorganizations
NEW YORK--(BUSINESS WIRE)---- $BFK--BlackRock Advisors, LLC announced today that each of the Boards of Directors/Trustees of each of the closed-end funds named below (each, a “Fund” and collectively, the “Funds”) has approved the following reorganizations (each, a “Reorganization” and collectively, the “Reorganizations), as applicable: BlackRock Municipal Income Trust II (NYSE: BLE), BlackRock Municipal Income Quality Trust (NYSE: BYM) and BlackRock Municipal Income Trust (NYSE: BFK) into BlackRock Muni
Saba Capital Reaches Agreements with Two BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”) today announced that it has entered into standstill agreements (the “Agreements”) with BlackRock Advisors, LLC, which is the investment advisor of the BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) and the BlackRock Health Sciences Term Trust (NYSE: BMEZ) (the “Funds”), following constructive negotiations. Under the terms of the Agreements, BIGZ will conduct a tender offer to purc
Redfin Reports Home Prices Are Rising in Every Major Metro for the First Time Since 2022
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Home prices rose from a year earlier in all 50 of the most populous U.S. metropolitan areas in December—the first time that has occurred since May 2022, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. By comparison, home prices rose in 41 metros in December 2023. “Places that have long been known as affordable places to live, like Cleveland and Milwaukee, are now seeing double-digit price increases—and
Scienaptic AI CUSO Secures Strategic Investment from Four New Partners
NEW YORK--(BUSINESS WIRE)--Scienaptic AI, a New York-based leader in AI-powered credit underwriting, announces that its Credit Union Service Organization (CUSO) has secured strategic equity investments from four new partners. The coalition now includes three more credit unions clients—Alliance Catholic Credit Union, Partner Colorado Credit Union, and Advantage One Credit Union—and the Michigan Credit Union League. “As institutions deeply rooted in our communities, we recognize the transformativ
The Cashmere Fund Collaborates with Apex Fintech Solutions to Expand Retail Access to High-Growth Venture Opportunities
LOS ANGELES--(BUSINESS WIRE)--The Cashmere Fund (NASD: CSHMX, “the Fund”), a venture capital interval fund designed for retail and institutional investors alike, that supports its portfolio companies through influential partnerships, today announced a strategic collaboration with Apex Clearing Corporation (“Apex”), an innovation launchpad for the global investment ecosystem. As a new addition to the Apex platform, the Fund is set to be offered to clients of a leading Apex-supported brokerage in
One Inc, a Leading Digital Payments Platform in Insurance, Announces New Board Chairman to Propel Next Growth Phase
FOLSOM, Calif.--(BUSINESS WIRE)--One Inc, a leading payments network and software platform for the insurance industry, today announced it has appointed insurance technology industry veteran Scott G. Stephenson Chairman of the Board of Directors. Stephenson’s appointment follows the investment by Nordic Capital joining Great Hill Partners as owners in One Inc. One Inc’s management team also continues to hold a significant investment, underscoring its commitment to providing solutions that improv
Compass Pathways Appoints Steve Levine, M.D., as Chief Patient Officer
LONDON & NEW YORK--(BUSINESS WIRE)---- $CMPS #Biotech--Compass Pathways plc (Nasdaq: CMPS) (“Compass”), a biotechnology company dedicated to accelerating access to evidence-based innovation in mental health, today announced the appointment of Steve Levine, M.D., as Chief Patient Officer, effective immediately. In this newly developed executive team role, Dr. Levine will be responsible for ensuring that patient-centric strategies are embedded across the organization and that treatments and initiatives developed by