Lastest from Businesswire
HomeServices of America Names Lane McCormack President of Berkshire Hathaway HomeServices Beach Properties of Florida
MINNEAPOLIS--(BUSINESS WIRE)--HomeServices of America, a leading provider of homeownership services, today announced the appointment of Lane McCormack as President of Berkshire Hathaway HomeServices Beach Properties of Florida. A highly respected real estate executive with more than 28 years of industry experience, McCormack brings a proven track record of strategic leadership, operational growth and deep expertise in the luxury sector. She joins Beach Properties following seven years with Ansl
Consertus Appoints Amer Jeambey to Lead Middle East and North Africa (MENA)
MIAMI--(BUSINESS WIRE)--Consertus, Inc., a portfolio company of RTC Partners, has appointed Amer Jeambey as Executive Vice President and Managing Director, MENA. In this role, he will lead the firm’s Middle East and North Africa Division, driving regional growth through acquisitions, deepening client relationships, and expanding its integrated delivery capabilities. Amer brings more than 20 years of experience across the MENA region, spanning investment management, corporate strategy, advisory,
Fazeshift Raises $22M to Power the Future of Autonomous Finance
SAN FRANCISCO--(BUSINESS WIRE)--Fazeshift, an AI-native platform deploying autonomous agents to execute end-to-end accounts receivable workflows, today announced $17M in Series A funding, bringing total funding to $22M. The Series A was led by F-Prime, with participation from Gradient (Google’s early-stage AI fund), Y Combinator, Wayfinder, Pioneer Fund, Ritual Capital, and prominent angels. Already automating invoicing, collections, and reconciliation for enterprise finance teams, Fazeshift is
The Lincoln Private Market Index: Broader Private Market Trends Were Stable Despite Software-Driven Decline
CHICAGO--(BUSINESS WIRE)--Lincoln International, a global investment banking advisory firm, announced today that the Lincoln Private Market Index (LPMI), an index that tracks changes in the enterprise value of U.S. privately held companies, decreased by 2.2% in Q1, driven primarily by a 7.8% decrease for technology companies (driven by an 8.8% decrease for software companies) and a 1.5% decrease for business services companies while all other industries remained flat or modestly up quarter-over
Empower Grows Earnings 23% to Record High
GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Empower announced today strong momentum across its business in the first quarter of 2026, highlighted by the company surpassing 20 million investors served. The retirement services and wealth management provider saw continued growth in sales and net flows during the quarter. Empower announced it has achieved base earnings of $314 million for the first quarter of 2026, up 23% from the same period in 2025. Empower released results as part of a broader qu
The Baldwin Group Q1 2026 Market Pulse: Insurance Market Fragments as Property Softens and Casualty Pressures Persist
TAMPA, Fla.--(BUSINESS WIRE)--The Baldwin Group ("Baldwin" or the “Company”) (NASDAQ: BWIN), a leading independent insurance brokerage and advisory firm, today released its Q1 2026 Market Pulse Report, documenting the sharpest divergence between property and casualty pricing trends since the report was launched in Q4 2024. Commercial property deepened to its steepest negative reading on record while key casualty lines re-accelerated or maintained their upward trend. Based on aggregated data and
Andersen Consulting Strengthens Organizational Transformation Capabilities with Afiniti
SAN FRANCISCO--(BUSINESS WIRE)-- #Afiniti--Andersen Consulting announces a Collaboration Agreement with Afiniti, a global business transformation consultancy.
Fidelis Insurance Group Declares Quarterly Dividend
PEMBROKE, Bermuda--(BUSINESS WIRE)--Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or the “Company”), a strategic capital allocator and risk selector in specialty insurance and reinsurance, announced today that its Board of Directors has approved and declared a dividend of $0.15 per share, payable on June 26, 2026, to common shareholders of record on June 15, 2026. About Fidelis Insurance Group Fidelis Insurance Group, which expects to rebrand as Pelagos Insurance Cap
Kalshi Raises $1 Billion at a $22 Billion Valuation as Institutional Adoption Accelerates
NEW YORK--(BUSINESS WIRE)--Prediction market Kalshi today announced a $1 billion Series F round at a $22 billion valuation, led by Coatue, with participation from Sequoia Capital, Andreessen Horowitz, IVP, Paradigm, Morgan Stanley, and ARK Invest. This raise comes amid the start of institutional demand. Over the past six months, institutional trading volume has increased 800%. Kalshi has emerged as the clear leader in the category, with over 90% of U.S. prediction market activity, as well as th
Tussey Family Files Civil Lawsuit Against JourneyLite and Associated Anesthesiologists of Springfield, Inc., Alleging Negligence and Wrongful Death of Rachel Tussey
CINCINNATI--(BUSINESS WIRE)-- #Cincinnati--The Tussey family has filed a civil lawsuit alleging negligence and wrongful death of Rachel Tussey.
Marsh’s Oliver Wyman announces senior leadership appointments to accelerate AI-enabled integration and transformation
NEW YORK--(BUSINESS WIRE)--Oliver Wyman, a global leader in management consulting and a business of Marsh (NYSE:MRSH), today announced three senior leadership appointments aimed at accelerating how it delivers insights, scales solutions, and supports clients through their most transformative moments. Jeremy Badman will assume the role of Chief AI and Data Officer. This newly established position will reimagine how work is delivered, staffed, and scaled with AI technology. Badman, who has served
Socure Appoints Chung-Man Tam as Chief Product Officer, Names Pablo Abreu Chief AI and Innovation Officer
INCLINE VILLAGE, Nev.--(BUSINESS WIRE)--Socure, the leading trust infrastructure for global identity and risk intelligence, today announced the appointment of Chung-Man Tam as Chief Product Officer (CPO) and Pablo Abreu as Socure's first Chief AI and Innovation Officer. Together, these executive appointments strengthen Socure’s ability to deliver for customers at a time when identity and fraud prevention have taken on new urgency. Socure's network has recorded an 8,000% increase in AI-driven fr
AI Industry Leader Deon Nicholas Launches AI-Powered Executive Assistant with New Start-Up, Espa
SAN FRANCISCO--(BUSINESS WIRE)--Deon Nicholas, founder of Forethought, today announced the public launch of Espa, an AI-native executive assistant built to manage the logistics of work and personal life, all in one place. Espa is the only AI powered EA that combines the execution, context, and continuity of a great assistant to anyone who needs one—without the cost barrier. Where most AI tools stop at drafting and suggestions, Espa executes: it sends the email, books the meeting, tracks the fol
Tech Mahindra and UKG Partner to Accelerate AI-Driven Workforce Transformation and Adoption
LOWELL, Mass. & PUNE, India--(BUSINESS WIRE)--Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, and UKG, a leading global AI platform unifying HR, pay, and workforce management, announced a partnership to help global enterprises, particularly small and mid-market organizations in North America across sectors such as IT, retail, manufacturing, and services, boost productivity, efficiency, and workforce agility.
Abrigo’s ThinkBIG Conference Showcases Actionable Data and Trusted AI Innovation for Banks and Credit Unions
RALEIGH, N.C.--(BUSINESS WIRE)-- #AIinFinance--Abrigo wrapped ThinkBIG 2026, bringing 1,150+ attendees from 425 financial institutions together to tackle risk, financial crime, and growth.
Connect Media Expands Creative Agency Offering with Senior-Level Hires
LOS ANGELES--(BUSINESS WIRE)--Connect Media, a privately held integrated media company and leading provider of commercial real estate news, today announced Hamilton McCulloh and Elliot Golan have joined Connect Creative, a national marketing and communications agency. McCulloh will serve as Executive Vice President, Connect Creative, and is charged with leading the creative services offerings under Connect Media to its next phase of growth. Golan will serve as Vice President, Connect Creative,
The Shipyard and Yobi Prove Behavioral AI Can Drive Smarter Programmatic Results
NEW YORK--(BUSINESS WIRE)--The era of paying for intent that never converts is ending. New performance data released today by full-service, independent agency The Shipyard and behavioral AI company Yobi reveals that moving from standard programmatic segments to predictive behavioral modeling has shown stronger engagement and more efficient conversion outcomes than standard third-party behavioral audiences. As traditional reach metrics lose their value and third-party tracking disappears, this m
Pacer ETFs Launches Two AI-Driven ETFs Leveraging Advanced Machine Learning and Strategic Partnerships
MALVERN, Pa.--(BUSINESS WIRE)--Pacer ETFs launches two AI-powered ETFs leveraging machine learning and proprietary alpha signals developed with S&P Dow Jones Indices and 3AI.
Wunderkind and Bloomreach Launch Native Integration to Convert Anonymous Traffic into Revenue
NEW YORK--(BUSINESS WIRE)--Wunderkind today announced a native integration with Bloomreach that helps brands identify more website visitors and activate them within existing customer journeys. By integrating the Wunderkind Autonomous Marketing Platform directly with Bloomreach’s agentic platform for intelligent personalization, Loomi AI, marketers can recognize more shoppers, trigger more high-performing campaigns, and drive incremental revenue — without changing how their teams work. Many ecom
Thread Bank Celebrates 120 Years of Community Banking Heritage and Five Years of Reinvention as an Embedded Bank
NASHVILLE, Tenn.--(BUSINESS WIRE)--Thread Bancorp, Inc. (“Thread” or the “Company”), the parent company of Thread Bank (the “Bank”), this year marks two milestones that together tell one story: 120 years of continuous community banking since the Bank’s founding in 1906, and five years since the 2021 recapitalization that launched Thread’s reinvention as a modern, embedded bank. Through every chapter, the Bank has remained anchored in what banking has always been, and always will be, about: depo

