Lastest from Businesswire

MINNEAPOLIS--(BUSINESS WIRE)--Shipper spending rose sharply in the first quarter of 2026 as tightening capacity and a surge in diesel fuel prices pushed freight costs significantly higher, even as shipment volumes remained largely flat, according to the latest U.S. Bank Freight Payment Index. National shipment volume edged down 0.3% from the fourth quarter of 2025, while shipper spending jumped 12.9% over the same period. This was the largest quarter-over-quarter increase since late 2020. Compa

CHARLESTON, S.C.--(BUSINESS WIRE)--Apollon Wealth Management, LLC (“Apollon”) announced today that Senglaub Financial Group (d.b.a. Apollon Wealth - Senglaub Financial Group), a Delafield, Wisconsin-based financial planning firm overseeing approximately $650 million in client assets, has joined its growing national organization. This partnership expands Apollon’s footprint in the Midwest and strengthens its network of family-led advisory teams committed to long-term client relationships. Sengla

MIAMI & SIOUX FALLS, S.D.--(BUSINESS WIRE)--IRA Financial, a leader in self-directed retirement solutions, today announced a game-changing advancement that fundamentally transforms how Americans invest for retirement. For the first time, investors can seamlessly access both alternative assets and traditional investments within a single self-directed retirement account, all for one flat fee. Powered by Interactive Brokers, this breakthrough capability allows IRA Financial clients to trade stocks

WASHINGTON--(BUSINESS WIRE)--Team Velocity, a leader in integrated automotive retailing technology, today announced its participation as an approved vendor in General Motors of Canada’s Dealer Customer Lifecycle program, known as the CSSR Choice Program. This milestone marks the company’s official expansion into the Canadian market and underscores its continued commitment to advancing integrated dealership technology on an international scale. As an approved CSSR Choice vendor, Canadian GM deal

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Warner Pacific, a leading national general agency and one of the fastest-growing distributors of employee benefits in the United States, today announced the appointment of Ed Lehman as Chief Executive Officer. Lehman will assume full leadership of the company as it accelerates its expansion and advances its position as a market-leading platform. Co-founders David Nelson and John Nelson will transition to roles as Executive Chairmen and remain actively

NEW YORK--(BUSINESS WIRE)--Evercore will host its inaugural TMT Conference on June 2-4, 2026, in San Francisco. The conference will explore the key forces shaping the future of the technology, media and telecommunications sectors, including artificial intelligence, digital infrastructure, software innovation and evolving capital markets dynamics. Evercore Global Director of Research Marc Harris said, “This conference reflects Evercore’s commitment to bringing together leading companies and inve

NEW YORK--(BUSINESS WIRE)--The MoonPay X Games League (“XGL”) today announced the sale of both its New York Summer and New York Winter teams to UNA Sports Group (“UNA”) in an eight-figure transaction. UNA is the first single group to own two X Games League Clubs. UNA is an investment firm focused on acquiring and partnering with leading global professional sports franchises and platforms. The firm targets high-quality assets at the intersection of sport, media, and culture, with an emphasis on

NEW YORK--(BUSINESS WIRE)--Bridge Growth Partners, LLC, a leading technology investment firm, announced today the successful closing of a single-asset continuation vehicle with US$790 million (C$1.1 billion) in commitments for Solace (“Solace” or the “Company”), the real-time data and agentic AI platform purpose-built for the enterprise AI era. The transaction was co-led by Apogem Capital, Golub Capital, HSBC Asset Management, and Schroders Capital, with participation from Bridge Growth Partner

BOSTON--(BUSINESS WIRE)--Toast (NYSE: TOST) today introduced Toast IQ Grow, a complete marketing solution that takes on the day-to-day work of marketing a business. From spotting a lunch slowdown to launching the campaign to fix it, Toast IQ Grow provides the tools operators need to launch and grow their brand online. Operators wear a lot of hats: marketer, scheduler, inventory manager, finance lead. Today’s announcement, which includes more than 20 updates across marketing, payroll, inventory,

NEW YORK--(BUSINESS WIRE)--OpenWorld Ltd. ("OpenWorld"), a blockchain innovation company advancing real-world asset (RWA) tokenization globally, and Figure Technology Solutions, Inc. ("Figure") (NASDAQ: FIGR; OPEN: FGRS) today announced an agreement to tokenize OpenWorld's equity securities in connection with its proposed NASDAQ listing on Figure’s Onchain Public Equity Network (OPEN). The agreement marks a meaningful step in OpenWorld's tokenization strategy. Additionally, OpenWorld plans to u

BOSTON--(BUSINESS WIRE)--Wolf & Company, P.C., a nationally recognized accounting and advisory firm, announced today Nelson Obando will lead the dedicated Artificial Intelligence Practice. Built to meet clients at their current stage of maturity, the practice supports organizations as they move from AI exploration to responsible scale with a governance-first approach. Organizations are under growing pressure to leverage AI safely, responsibly, and at scale. According to a recent survey of f

MONROE, La.--(BUSINESS WIRE)-- #BusinessLending--BAFS powers Orlando CU’s commercial lending growth with end-to-end technology and services, driving efficiency and scale.

MIAMI--(BUSINESS WIRE)--REX Shares ("REX") and Tuttle Capital Management ("TCM") today announce the launch of the T-REX 2X Long AXTI Daily Target ETF (Cboe: AXTU), a leveraged ETF providing 2x daily long exposure to AXT, Inc. (Nasdaq: AXTI). AXTU is designed to deliver 200% of AXTI's daily performance, giving traders a tool to engage with a global materials science company at the foundation of advanced semiconductors and optoelectronics. AXT, Inc. develops and manufactures high-performance comp

NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company” or “BXMT”) today announced it has commenced a private offering of $450 million in aggregate principal amount of its senior secured notes due 2031 (the “Notes”). The Company intends to use the net proceeds of the Notes offering for general corporate purposes, including paying down existing secured indebtedness. The offering of the Notes and the related guarantees will be made in a private transaction in relian

PLANO, Texas--(BUSINESS WIRE)--Digital Matrix Systems announced enhancements to CreditBrowser including expanded batch processing and stacked report views for SSN inquiries.

CAMBRIDGE, Mass. & DOVER, N.H.--(BUSINESS WIRE)--Cambridge Financial Group, Inc. (“Cambridge Financial”), the mutual holding company of Cambridge Savings Bank, and First Seacoast Bancorp, Inc. (“First Seacoast Bancorp”) (Nasdaq: “FSEA”), the holding company of First Seacoast Bank, jointly announced today they have entered into a definitive merger agreement under which First Seacoast Bancorp will merge with Cambridge Financial, with Cambridge Financial as the surviving corporation, and First Sea

TAMPA, Fla.--(BUSINESS WIRE)-- #KFORCE--Kforce Inc. (NYSE: KFRC), a solutions firm that specializes in technology and other professional staffing services, today announced that management will participate in the Baird 2026 Global Consumer, Technology and Services Conference in New York on June 3, 2026. The investor presentation can be accessed at http://investor.kforce.com/ under “Events and Presentations”. About Kforce Inc. Kforce Inc. (the “Firm”) is a solutions firm specializing in technology, finance

PARIS--(BUSINESS WIRE)--Property & casualty insurers face a widening competitive divide with only 10% successfully scaling AI, while many remain in the pilot stage.

DENVER--(BUSINESS WIRE)--CPI Reports Solid First Quarter Results

NEW YORK--(BUSINESS WIRE)--Bowhead Specialty Holdings Inc. (NYSE: BOW), today announced financial results for the first quarter ended March 31, 2026.(1) First Quarter 2026 Highlights Gross written premiums increased 24.0% to $216.7 million. Net income of $16.0 million, or $0.48 per diluted share. Adjusted net income(2) of $16.0 million, or $0.48 per diluted share(2). Return on equity of 14.1% and adjusted return on equity(2) of 14.1%. Book value per share $13.98 and diluted book value per share