Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings to seven classes of mortgage-backed notes from Santander Mortgage Asset Receivable Trust 2025-NQM1 (SAN 2025-NQM1), a $283.8 million non-prime RMBS transaction. The underlying collateral, comprised of 714 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Approximately 59.1% of the loans were exempt from the ATR/QM rule due to being originated for business purposes o

LINCOLNSHIRE, Ill. & DARMSTADT, Germany--(BUSINESS WIRE)--Zebra Technologies and Merck KGaA, Darmstadt, Germany Collaborate to Create Safety and Traceability Solutions.

FORT WORTH, Texas--(BUSINESS WIRE)--Parents of children at Trinity Valley School have filed suit against the school and its board of trustees, saying the school’s neglect created the conditions that allowed the sexual abuse of at least 16 young girls, and that the board has covered up the sexual abuse for nearly two years. Trinity Valley School is a pre-K through 12th grade private school in Fort Worth. Authorities arrested the school’s piano teacher, Trent Muse, in June 2024 and charged him wi

JACKSON, Miss.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) and BankPlus were joined by Gulf Coast Housing Partnership (GCHP), Midtown Partners Inc. and local leaders to celebrate the opening of Noel Place, a new affordable housing development in Jackson, Mississippi. Funded in part by a $499,000 Affordable Housing Program (AHP) grant, Noel Place will set aside 60 percent of the housing units for special-needs residents, including people with disabilities and people who

LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a leading global asset manager, today announced the close of TCW CLO 2025-1, a $400 million collateralized loan obligation (CLO) fund secured primarily by broadly syndicated first-lien loans. This close marks TCW’s 14th CLO and underscores TCW’s continued strong growth across the alternative credit spectrum. Since 2020, TCW has more than doubled its alternative credit assets under management (AUM). TCW manages alternative credit across private credit

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers of securities of Newmont Corporation (NYSE: NEM) between February 22, 2024 and October 23, 2024. Newmont describes itself as “the world’s leading gold mining company and producer of copper, silver, zinc and lead.” For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen La

NEW YORK--(BUSINESS WIRE)--BlackRock, Inc. (NYSE: BLK) has nominated Gregory J. Fleming, Chief Executive Officer of Rockefeller Capital Management, and Kathleen Murphy, former President of Personal Investing at Fidelity Investments, to stand for election as independent directors to BlackRock’s Board of Directors (“Board”) at BlackRock’s 2025 Annual Meeting of Shareholders (“Annual Meeting”). Laurence D. Fink, Chairman and CEO of BlackRock, said: “Greg and Kathy have built incredible careers in

NAPA, Calif.--(BUSINESS WIRE)-- #Bestplacetowork--Redwood Credit Union Welcomes Gwen Oldham as Vice President of Community and Social Impact

NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #acg--Aviation Capital Group LLC (ACG), a premier global full-service aircraft asset manager, announced the delivery of one Boeing 737-9 MAX aircraft to United Airlines. Featuring CFM International LEAP-1B engines, this is the final aircraft to deliver to the airline as part of a multiple-aircraft sale-leaseback transaction between ACG and United Airlines. “ACG is proud to have delivered all seven Boeing 737-9 MAX aircraft to United Airlines in less than eight

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers of securities of Polestar Automotive Holding UK PLC (NASDAQ: PSNY) between November 14, 2022 and January 16, 2025. Polestar describes itself as “the Swedish electric performance car brand.” For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers of common stock of Integral Ad Science Holding Corp. (NASDAQ: IAS) between March 2, 2023 and February 27, 2024. Integral Ad Science is a “global software company specializing in digital advertising.” For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Inve

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers of common stock of Monolithic Power Systems, Inc. (NASDAQ: MPWR) between February 8, 2024 and November 8, 2024. Monolithic Power Systems is a “provider of power management components used in electronic systems.” For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlook to positive from stable 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 Revol One Insurance Company (Revol One Financial) (Spring Lake, MI). The outlook of the FSR is stable. The Credit Ratings (ratings) reflect Revol One Financial’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operatin

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to six classes of mortgage-backed notes from OBX 2025-NQM5 Trust, a $334.9 million non-prime RMBS transaction. The underlying collateral, comprising 623 residential mortgages, is characterized by a notable concentration of alternative income documentation (88.7%) loans. Most of the loans are classified as non-qualified mortgages (Non-QM) (51.6%) or exempt (47.4%) from the Ability-to-Repay/Qualified Mortgage (ATR/QM) rule due to being o

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, reminds investors that a shareholder filed a class action on behalf of purchasers or acquirers of common stock of Target Corporation (NYSE: TGT) between August 26, 2022 and November 19, 2024. Target is a retail corporation. For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen Law Firm is Investigating the Allegations that Target Corporation (NYSE: T

TAMPA, Fla.--(BUSINESS WIRE)--GEICO announced plans to strengthen its Florida presence with a new campus in Tampa, bringing more than 1,000 new jobs to the region. This strategic expansion advances GEICO’s commitment to modernizing operations and driving long-term growth while maintaining its position as one of the industry’s most customer-centric insurance companies. “As Florida’s second-largest auto insurer and the third largest in the United States, we are thrilled to expand our footprint in

RICHARDSON, Texas--(BUSINESS WIRE)--GEICO announced the addition of more than 1,000 new jobs in North Texas today as part of a major expansion that includes opening a second building in Richardson. This announcement comes just three months after GEICO revealed plans to add 500 jobs, bringing more than 1,500 new jobs to the local area. This significant growth comes as a direct result of the exceptional talent GEICO continues to attract in North Texas, fueling the company’s expansion across multi

IRVINE, Calif.--(BUSINESS WIRE)-- #WesternStateLaw--Western State College of Law, the oldest law school in Orange County, has officially secured its new home at 15101 Red Hill Avenue in Tustin. This milestone, made possible by Westcliff University’s acquisition of the property, marks a pivotal moment in Western State’s history. With over 12,000 alumni, the institution promises to continue its mission to elevate its academic offerings and expand its influence in legal education. The move reinforces Western State’s

CALABASAS, Calif.--(BUSINESS WIRE)-- #ARDRI--ARDRI, the upcoming leader in intelligent non-QM lending solutions, proudly highlights the leadership of Yvonne Brumett, the company's Chief Credit Officer. With over 25 years of experience in non-QM underwriting, Yvonne brings a wealth of expertise and a forward-thinking approach that is already driving innovation across ARDRI's credit strategy. Yvonne's decision to join ARDRI stems from her excitement about the unique opportunity to help build a company fro

SANTA MONICA, Calif.--(BUSINESS WIRE)--Jeeva AI is slated to announce a powerful upgrade to its AI-powered sales platform, now featuring Agentic AI.