Lastest from Businesswire
Cushman & Wakefield Closes $460 Million Sale of G-Tower in Korea
NEW YORK--(BUSINESS WIRE)-- #CRE--Cushman & Wakefield's Corporate Tailored Solution team (CTS team) in Korea has announced the successful closing of the sale of G-Tower, a landmark prime office asset located in Guro, Seoul - breaking through a tightened real estate financing market to deliver one of the most significant transactions of the year. The deal, valued at approximately $460 million (KRW 700 billion), marks the largest office transaction by gross floor area in Korea's commercial real esta
Western Alliance Bancorporation Announces Second Quarter 2026 Earnings Release Date, Conference Call and Webcast
PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces Second Quarter 2026 Earnings Release Date, Conference Call and Webcast
Arkenstone Defense Launches with $35M to Help Commercial Companies Enter the Federal Market
MENLO PARK, Calif.--(BUSINESS WIRE)--Arkenstone Defense emerged from stealth today with $35 million in seed funding to eliminate the compliance, security, workforce, and operational burden that keeps many commercial technology companies from selling to the U.S. government. The round was led by J2 Ventures, with participation from Susa Ventures, Granite Hill Capital Partners, and Artis Ventures.America cannot rebuild the arsenal of freedom by relying solely on traditional defense contractors. Ven
84% of Executives Prioritize AI—So Why Are Employees Still Losing a Full Day a Week to Manual Document Tasks?
SAN FRANCISCO--(BUSINESS WIRE)--New research from Nitro, the global leader in AI-powered PDF, eSign, and document automation solutions, reveals a widening gap between enterprise AI ambition and day-to-day work reality. A survey of 1,300+ enterprise leaders—from frontline managers to the C-suite—shows AI is a high or critical priority. While 85% of executives report they have already deployed it across some or all of their organization, only 54% of managers rate AI as a high priority and barely
San Francisco Federal Completes Acquisition of Summit Bank, Launches Summit Financial
SAN FRANCISCO--(BUSINESS WIRE)--San Francisco Federal today announced the successful completion of its acquisition of Summit Bank. Effective today, July 1, 2026, Summit Bank officially becomes a part of San Francisco Federal and begins operating under the name Summit Financial. The full branch conversion is expected to be completed in November 2026, at which point Summit Financial locations will be fully integrated into San Francisco Federal’s branch network and systems. Until then, Summit Fina
U.S. Consumers Rank Navy Federal No. 1 for Customer Experience
VIENNA, Va.--(BUSINESS WIRE)-- #ForresterCXIndex--Navy Federal Credit Union has earned the No. 1 ranking among U.S. brands for customer experience in Forrester’s Global Customer Experience Index™ Rankings. Forrester’s CX IndexTM evaluates customer perceptions of hundreds of brands across a wide range of industries, including banking, retail, airlines and telecommunications. With an overall score of 81.2, Navy Federal earned the top spot in the United States in the 2026 rankings. As the world’s largest credit union
Mouser Electronics Partners with Schneider Electric, Siemens, and Banner Engineering for Control Automation Day Virtual Conference
DALLAS & FORT WORTH, Texas--(BUSINESS WIRE)--Mouser Electronics, Inc., the authorized global distributor with the newest electronic components and industrial automation products, is proud to be a major sponsor of Control Automation Day 2026. The event is a one-day, free virtual conference and trade show on Wednesday, July 15, for control engineers and system integrators hosted by Control.com. The theme for this year's virtual conference is Engineered for Real Results, and it will feature profes
RiverNorth to Launch RiverNorth Prime Unicorn Funds
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--RiverNorth Capital Management, LLC (“RiverNorth”), an independent investment manager and closed-end fund expert, today announced plans to launch the RiverNorth Prime Unicorn Funds which will provide — for the first time, through two distinct closed-end funds — long or short exposure to 30 of the largest, privately held U.S. companies, which may include OpenAI and Anthropic. The RiverNorth Prime Unicorn Funds consist of the RiverNorth Long Prime Unicorn Fu
Loomis Sayles Growth Equity Strategies Team Celebrates Twenty-Year Milestones
BOSTON--(BUSINESS WIRE)--Loomis, Sayles & Company, the century-old investment manager with nearly $418 billion in assets under management, proudly celebrates the 20-year anniversaries of the Loomis Sayles Large Cap Growth and the Loomis Sayles All Cap Growth strategies, as well as a differentiated approach to growth equity investing under the leadership of Aziz V. Hamzaogullari, CFA, the founder, chief investment officer and portfolio manager of the Loomis Sayles Growth Equity Strategies (G
KBRA Assigns Preliminary Ratings to Lohrasp Enterprise II LLC, Series 2026-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to one class of notes (the Series 2026-1 Notes) from Lohrasp Enterprise II LLC, a hyperscale data center ABS transaction. The Series 2026-1 Notes represent the first ABS-style issuance from Lohrasp Enterprise II LLC. Cloud Capital Advisors LLC (Cloud Capital, the Manager, or the Company) serves as the manager for the trust and is responsible for the day-to-day operations of the data center. The Notes are secured by the fee simple owner
CompassMSP and The Logic Group: Delivering Personal Service at Scale
PHILADELPHIA--(BUSINESS WIRE)--CompassMSP announced today the acquisition of The Logic Group, a Philadelphia-based firm renowned for its high-touch, personal approach to Managed IT and Cybersecurity services. This partnership unites two organizations built on the shared belief that technology creates the most value when it is anchored by a human-led approach. For over 20 years, The Logic Group has partnered with small- and medium-sized businesses throughout Philadelphia. They provide specialize
AM Best Revises Issuer Credit Rating Outlook to Stable for Brotherhood Mutual Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term ICR of “bbb+” (Good) of Brotherhood Mutual Insurance Company (Brotherhood) (Fort Wayne, IN). The outlook of the FSR is stable. The Credit Ratings (ratings) reflect Brotherhood’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating perfo
EasySite Relaunches as an AI-Powered Website Builder, Offering the Fastest Path from Idea to Professional Website
SAN DIEGO--(BUSINESS WIRE)--Founded in 2005 with 500,000+ sites built, EasySite relaunches as an AI website builder that creates a full professional website in under 30 seconds.
I Squared Capital to Acquire Milestone Environmental, a Leading Independent Energy Waste Management Platform from SK Capital
MIAMI--(BUSINESS WIRE)--I Squared Capital (“I Squared”), a leading independent global infrastructure investor, today announced that through its flagship fund, it has entered into a definitive agreement to acquire Milestone Environmental (“Milestone” or the “Company”), a leading independent environmental infrastructure company providing waste management solutions across the energy and industrial sectors. Milestone is being acquired from SK Capital Partners. Headquartered in Houston, Texas, Miles
KBRA Releases Research – A Quieter Forecast, but No Clear Skies for Insurers
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research previewing the 2026 Atlantic hurricane season (June 1 to November 30). While the season is forecast to be below normal, it does not eliminate catastrophe risk. Even a quiet season can produce a single storm that generates outsized insured losses if it strikes a high-value, coastal market. Insurers enter this season with stronger capital, improved underwriting results, and broader reinsurance availability than in 2022-23. At the same time, rate p
Herbal Essences Launches "Scent of Your Dreams," a Campaign Featuring Amaya Papaya Emphasizing Fragrance for Mood and Well-being
CINCINNATI--(BUSINESS WIRE)--Herbal Essences has always known something the beauty industry is only now catching up to: fragrance is a powerful emotional tool for self-care and mood transformation. People don't just use Herbal Essences products — they love the way those products smell. The brand's new campaign, "Scent of Your Dreams," is built entirely on that truth. Now live across Herbal Essences' social media channels, "Scent of Your Dreams" reframes fragrance as a dopamine-driven, mood-tran
FTV Capital Appoints Scott Levine as Managing Director of Strategic Business Development
NEW YORK--(BUSINESS WIRE)--FTV Capital, a leading sector-focused growth equity investment firm with more than 28 years of experience partnering with high-growth technology and services companies, today announced the appointment of Scott Levine as managing director of strategic business development. In this newly created role, Levine will oversee FTV’s Global Partner Network (GPN) and broader business development platform, working across the firm’s investment, value creation and portfolio teams
Pryor Cashman Welcomes Partner David Elbaum to Its Litigation Group in New York
NEW YORK--(BUSINESS WIRE)--Pryor Cashman announced today that David Elbaum has joined the firm’s New York office as a partner in the Litigation Group. David joins from Simpson Thacher & Bartlett LLP, where he spent more than two decades, most recently as senior counsel. A highly respected litigator, David’s practice has centered on representing some of the most prominent names in private equity and finance. He focuses on securities and commercial litigation and government investigations, de
Mutual of Omaha Workplace Solutions Enhances Accident Insurance to Deliver More Flexible Employee Protection
OMAHA, Neb.--(BUSINESS WIRE)--Mutual of Omaha’s Workplace Solutions has enhanced its employer-based accident insurance, giving employers more flexibility to help employees manage the financial impact of unexpected accident-related injuries. Enhancements include:Expanded Benefits and Plan Design Flexibility - Mutual’s enhanced accident product now includes more than 40 new benefits, broadening coverage across a wider range of accident-related situations.More Inclusive Sports Coverage - Coverage u
Waymo Incident Pile-Up: Attorney and Traffic Safety Advocate Amy Witherite from Witherite Law Group Asks — Is It Time to Pull Robotaxis Off Public Roads?
DALLAS--(BUSINESS WIRE)--Over the Fourth of July holiday weekend, Waymo's fleet of driverless vehicles once again became the story instead of the technology, as robotaxis in San Francisco ran out of battery power and stalled in gridlocked streets, at least two vehicles drove directly over fireworks — with one catching fire — and video out of Atlanta showed drivers stuck behind Waymo vehicles that simply would not move at an intersection. Legal expert and traffic safety advocate Amy Witherite, fo

