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LANSING, Mich.--(BUSINESS WIRE)-- #MichiganBusiness--The Michigan Economic Development Corporation (MEDC) announced $4.6 million in grants and matching funds in recent weeks to support eight local higher education institutions’ semiconductor education and training programs. These investments will directly benefit 2,400+ individuals throughout Michigan. This funding is a monumental step forward toward building the workforce needed to support the in-demand semiconductor chip industry, which is expected to see 11% jo

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 31 classes of asset-backed securities from Towd Point Mortgage Trust 2024-CES1 (TPMT 2024-CES1), a $455.6 million RMBS transaction, as of November 30, 2023 (the Statistical Calculation Date), sponsored by FirstKey Mortgage, LLC (FirstKey). The underlying pool consisted of 6,096 closed-end second lien mortgages (CES; 100%) originated by PennyMac Corp. (PennyMac; 38.3%), Rocket Mortgage, LLC (Rocket; 30.6%), Spring EQ, LLC (Spring EQ;

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to four classes of notes issued by MMAF Equipment Finance LLC 2024-A (MMAF 2024-A), an equipment ABS transaction. MMAF 2024-A represents the 20th equipment ABS sponsored by MassMutual Asset Finance LLC (MMAF). MMAF is a wholly-owned subsidiary of Massachusetts Mutual Life Insurance Company and has an operating history dating back to 2003. The MMAF 2024-A transaction is secured by a portfolio of equipment lease and loan contracts, toget

MARLBOROUGH, Mass.--(BUSINESS WIRE)--DALBAR, Inc., the preeminent auditor of customer service within the financial services industry, proudly continues to unveil the distinguished recipients of the 2023 DALBAR Service Award. This week, the awardees of the Mutual Fund Service Award, recognized for their outstanding customer service support to their mutual fund shareholders are being announced: DWS JPMorgan Asset Management New York Life Investments Primerica Financial Services Putnam Investments

CHICAGO--(BUSINESS WIRE)--New Carallel, myFloc Partnership Poised to Make Financial Management Easier for Caregivers

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Mutual of Enumclaw Insurance Company and Enumclaw Property & Casualty Insurance Company, which comprise Enumclaw Insurance Group (Enumclaw). The companies are headquartered in Enumclaw, Washington. The Credit Ratings (ratings) reflect Enumclaw’s balance sheet strength, which AM Bes

PALO ALTO, Calif.--(BUSINESS WIRE)-- #CoreSolutions--Hourly.io completed initial implementation of Origami Risk’s P/C core solution to automate workers’ comp policy rating, provide instant quotes

MIAMI--(BUSINESS WIRE)-- #ROI--Nucleus Research announced the findings of a study into the benefits that financial services provider, Bread Financial realized from implementing financial wellness solution, BrightPlan. Nucleus found that the deployment of BrightPlan translated to a reduction in turnover by approximately 22 percent and an annual savings of more than half a million dollars. This delivered a 75 percent Return on Investment (ROI) for Bread Financial who was able to recover its initial inve

PHOENIX--(BUSINESS WIRE)--The New Year provides an opportunity to evaluate personal financial stability and set goals for improvement. For many, this means redoubling efforts to pay off credit card debt. “In our evolving economy, financial health is critically important,” said Amy Maliga, financial educator with Take Charge America, a nonprofit credit counseling and debt management agency. “If you’re like most, reducing debt is a big part of the equation. While this can feel daunting, small ste

NEW YORK--(BUSINESS WIRE)--InvestCloud (or “the Company”), a global provider of wealth and asset management solutions, today announced the appointment of Jeffery W. Yabuki (“Jeff”) as Chairman and CEO. In this role, Jeff will lead InvestCloud’s strategy and operations, with a key focus on excellence of client delivery. Jeff’s leadership will further empower InvestCloud’s clients and partners with its scalable technology platform. The Company is backed by Clearlake Capital Group, L.P. (together

TORONTO--(BUSINESS WIRE)--Messagepoint announced it has been named a winner in the 2024 BIG Innovation Awards presented by the Business Intelligence Group in the Software category for its Healthcare Touchpoint Exchange, a purpose-built SaaS solution that enables Medicare Advantage Organizations (MAOs) to dramatically reduce the workload, timelines and costs associated with health plan communications and materials preparation. “For too long, Medicare Advantage Organizations have relied on old sc

WASHINGTON--(BUSINESS WIRE)--Axinn, Veltrop & Harkrider LLP has named antitrust partner Jeny Maier as the firm’s next managing partner, effective Jan. 1, 2024. Maier, who leads clients through antitrust agency review of their multibillion-dollar M&A deals, succeeds Matt Becker, who will continue to practice in the firm’s intellectual property group, following his six-year term. “Every day, I have the privilege to participate in our clients’ most important business initiatives. I’m eager

LAS VEGAS--(BUSINESS WIRE)--Today, FreeWheel, a global technology platform for the television advertising industry, released new findings from its Viewer Experience Lab initiative. The report, Designing a Better Ad Pod, explores how publishers can optimize the quantity and frequency of ads in an ad pod to improve viewer experience and brand results. The new findings come at a time when content continues to fragment across streaming platforms, making it imperative for content owners to focus on

MIAMI--(BUSINESS WIRE)-- #prtech--Muck Rack, the Public Relations Management (PRM) platform that enables organizations to build trust, tell their stories and demonstrate the unique value of earned media, has been named a Built In 2024 Best Place to Work winner in the Remote Best Places to Work and Remote Best Midsize Places to Work categories. The list recognizes companies of all sizes and honors both remote-first employers as well as companies in large tech markets across the U.S. Company culture is an

WASHINGTON--(BUSINESS WIRE)--National Geographic Documentary Films announced today it is bringing BOBI WINE: THE PEOPLE’S PRESIDENT back to the big screen on Jan. 12-14 in New York, Los Angeles and San Francisco. The film, co-directed by Ugandan-born filmmakers Moses Bwayo and Christopher Sharp, follows Bobi Wine, the Ugandan opposition leader, former member of parliament, activist and national superstar musician during the country’s 2021 presidential elections, where he risks his life to fight

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been against ChargePoint Holdings, Inc. (“ChargePoint”) (NYSE: CHPT). The action charges ChargePoint with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company’s business, operations, and prospects. As a result of ChargePoint’s materially misleading statements and omissi

IRVINE, Calif.--(BUSINESS WIRE)--Viant has been named a winner in the 2024 BIG Innovation Award for its AI Suite in the Internet and Technology category.

SALT LAKE CITY--(BUSINESS WIRE)-- #FinancialAdvisorMembershipModel--Elements is showing financial advisors how to create their own subscription models via training. Eighteen advisors are adding this to their practice.

SEATTLE--(BUSINESS WIRE)-- #banking--PortX, the leading financial infrastructure and integration technology company that provides open access to data and drives innovation for financial institutions with its Integration-Platform-as-a-Service (IPaaS), announced a strategic partnership with Plaid, the data network powering the digital financial ecosystem. This collaboration combines the power of PortX's digital core banking integration experience with Plaid’s industry-leading capabilities for connecting dat

BOSTON--(BUSINESS WIRE)--In 2023, a bull market in stocks surprised while bonds saw an uptick in performance during the fourth quarter. As 2023 ended, the impending recession never appeared, and inflation eased. As we enter 2024, positive winds of change are in the air. Investor optimism has been boosted by continued easing of inflation and signs that the US Federal Reserve and central banks around the world may soon cut borrowing rates. However, markets remain sensitive to economic data, poten