Lastest from Businesswire
Type One Energy, Tokamak Energy, and AECOM Form the UK Infinity Fusion Consortium to Accelerate Development of a Commercial Fusion Power Plant in the United Kingdom
LONDON--(BUSINESS WIRE)--Type One Energy, Tokamak Energy, and AECOM today announced the UK Infinity Fusion Consortium to pursue development of the first private-sector-led fusion power plant project in the United Kingdom. Together, the companies intend to develop a fusion project that is commercially credible, deployable using existing enabling technologies, and capable of attracting private capital — consistent with the long-term goals of the government’s recently announced UK Fusion Strategy.
59% of Organizations Made a "Bad AI Hire" in the Past Year, New TestGorilla Research Reveals
LONDON--(BUSINESS WIRE)--TestGorilla, the leading skills-based hiring platform, today released The State of Hiring for AI Fluency, revealing a fundamental shift in talent evaluation: AI fluency has overtaken domain expertise as the top hiring priority. 53% of hiring managers now prefer candidates with strong AI fluency over deep subject matter experts. But ambition is outpacing reality. Although 72% of UK and 71% of US organizations have formally defined AI fluency, and nearly all list it as a
Origami Risk Recognised as Market Leader in 2026 Annual RMIS Report
CHICAGO--(BUSINESS WIRE)--Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, has been recognised as the definitive market leader in the 2026 RMIS Report, released this week by Redhand Advisors, a risk management technology consultancy. This marks the eighth consecutive year Origami Risk has been recognised as a leader in the report, underscoring its sustained excellence and position as a stable, long-term partner for risk professionals. I
ClearDox Rebrands as ClearOpx with the Launch of its Category-Defining, “Operations Trade Risk Management (OTRM)” Platform, Powered by Agentic AI
STAMFORD, Conn.--(BUSINESS WIRE)-- #AI--ClearDox rebrands to ClearOpx and introduces the industry's first Operations Trade Risk Management (OTRM) Platform.
Cotchett, Pitre & McCarthy Announces a Proposed $250 Million Settlement in Apple AI False Advertising Case
SAN FRANCISCO--(BUSINESS WIRE)--Cotchett, Pitre & McCarthy, along with co-lead counsel Kaplan Fox and Clarkson, filed a motion today asking the District Court to preliminarily approve a $250,000,000 Settlement with Apple Inc. in a nationwide false advertising class action concerning “Apple Intelligence” on iPhones. Plaintiffs claim that Apple saturated the market with advertising presenting the iPhone 16, and certain models of the iPhone 15, as a breakthrough in artificial intelligence. Acc
Blackstone Mortgage Trust Announces Pricing of Offering of Senior Secured Notes
NEW YORK--(BUSINESS WIRE)--Blackstone Mortgage Trust, Inc. (NYSE: BXMT) (the “Company” or “BXMT”) announced the pricing of a private offering of $450 million in aggregate principal amount of its 6.250% 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 Notes offering is expected to close on May 19, 2026 and is subject to customary closing condition
MSCI May Index Review Announcement Scheduled for May 12, 2026
LONDON--(BUSINESS WIRE)--MSCI Inc. (NYSE:MSCI), a leading provider of critical decision support tools and services for the global investment community, will announce the results of the May 2026 Index Review for the MSCI Equity Indexes - including the MSCI Global Standard, MSCI Global Small Cap and MSCI Micro Cap Indexes, the MSCI Global Value and Growth Indexes, the MSCI Frontier Markets, and MSCI Frontier Markets Small Cap Indexes, the MSCI US Equity Indexes, the MSCI US REIT Index, the MSCI C
MyFreeScoreNow Brings VantageScore 4.0 to Real Estate and Mortgage Professionals, Expanding Client Access to Credit Scores
SEATTLE--(BUSINESS WIRE)-- #MyFreeScoreNow--MyFreeScoreNow added VantageScore® 4.0 into its platform, giving real estate and mortgage professionals a way to help clients access credit scores.
Driven Brands 72 Hour Deadline Alert: Kahn Swick & Foti, LLC Reminds Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against Driven Brands Holdings Inc. - DRVN
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until May 8, 2026 to file lead plaintiff applications in a securities class action lawsuit against Driven Brands Holdings Inc. (NasdaqGS: DRVN) (“Driven” or the “Company”), if they purchased or otherwise acquired the Company’s shares between May 3, 2023 and February 24, 2026, inclusive (the “Class Period”). Th
Pipedrive Accelerates Australian Growth With Sydney Data Centre and Local Expansion
SYDNEY--(BUSINESS WIRE)--Pipedrive, an easy and intelligent CRM for small and medium-sized businesses (SMBs), has launched a Sydney-based data centre, tackling the “distance tax” that has traditionally slowed down software performance for Australian users. Built on AWS (Amazon Web Services), the move cuts platform latency by up to 60% while supporting local data residency requirements. Until now, Australian customer data has been hosted in the United States, creating a gap between global SaaS i
AIG Announces the Sale of Its Remaining Stake in Corebridge Financial, Inc.
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has agreed to sell approximately 25 million shares of common stock of Corebridge Financial, Inc. (NYSE: CRBG), representing its remaining stake in the company. The sale, which is expected to close on May 7, will result in net proceeds to AIG of approximately $710 million. Peter Zaffino, Chairman & CEO, AIG, said, “Today’s sale of our remaining stake in Corebridge marks the culmination of a five
Investor Notice: Robbins LLP Informs Investors of the Immutep Limited Class Action
SAN DIEGO--(BUSINESS WIRE)---- $IMMP #Biotechnology--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Immutep Limited American Depository Receipts (NASDAQ: IMMP) between March 24, 2025 and March 12, 2026. Immutep is an Australian-based biotechnology company focused on developing Lymphocyte Activation Gene-3 (LAG-3) related immunotherapies for cancer and autoimmune diseases. The company’s product pipeline includes TACTI-004, which is in phase II
American Express Declares Dividend on Series D Preferred Stock
NEW YORK--(BUSINESS WIRE)--The Board of Directors of American Express Company (NYSE: AXP) declared a quarterly dividend on the company’s 3.550% Fixed Rate Reset Noncumulative Preferred Shares, Series D, of $9,072.22 per share (which is equivalent to $9.07222 per related Depositary Share). The dividend is payable on June 15, 2026 to shareholders of record on June 1, 2026. ABOUT AMERICAN EXPRESS American Express (NYSE: AXP) is a global payments and premium lifestyle brand powered by technology. O
UBS declares coupon payments on 8 ETRACS Exchange Traded Notes
NEW YORK--(BUSINESS WIRE)--UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes traded on the NYSE Arca and expected coupon payments for 3 ETRACS Exchange Traded Notes traded on NASDAQ (together, the “ETNs”). NYSE Ticker ETN Name and Prospectus Supplementa Coupon Valuation Date Ex-Date Record Date Payment Date Coupon Amount Payment Schedule Current Yield (annualized) b HDLB ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B 4/30/2026 5/
MarketAxess and Moment Partner to Provide Retail Access to Institutional Fixed-Income Liquidity
NEW YORK--(BUSINESS WIRE)-- #fixedincome--MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and Moment, the AI platform for investment management, today announced the launch of a new interface that gives large wealth managers and registered investment advisors (RIAs) streamlined access to MarketAxess’s institutional liquidity and pricing directly on the Moment platform. Moment’s clients will now have access to liquidity from MarketAxes
TCW Strategic Income Fund Announces Monthly Distribution
LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a leading global investment firm, announced today that the TCW Strategic Income Fund, Inc. (NYSE: TSI) has declared a monthly distribution of $0.0283 per share payable on May 29, 2026, to shareholders of record on May 15, 2026. Distributions are based on the Fund’s accumulated net investment income and/or other sources for the applicable month. The Directors continue to monitor conditions and circumstances relating to the distribution of dividends an
Ellington Financial Inc. Reports First Quarter 2026 Results
OLD GREENWICH, Conn.--(BUSINESS WIRE)--Ellington Financial Inc. (NYSE: EFC) ("we") today reported financial results for the quarter ended March 31, 2026. Highlights Net income attributable to common stockholders of $95.5 million, or $0.78 per common share.1 $76.4 million, or $0.63 per common share, from the investment portfolio. $74.7 million, or $0.61 per common share, from the credit strategy. $1.7 million, or $0.02 per common share, from the Agency strategy. $57.5 million, or $0.47 per commo
PanAgora Appoints Brad Zenz as Director, Strategic Relationships
BOSTON--(BUSINESS WIRE)--PanAgora hires Brad Zenz as Director, Strategic Relationships to expand West Coast distribution; veteran from PGIM and Goldman Sachs Asset Management.
Horizon Technology Finance Announces Regular Monthly Distributions for July, August and September 2026 Totaling $0.18 per Share and Special Distributions for July, August and September 2026 Totaling $0.09 per Share
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, announced today that its board of directors has declared regular monthly cash distributions of $0.06 per share, payable in each of July, August and September 2026, and, in accordance with the Company’s previously announced intent to make additional distributions with its undistributed net investment income, or “spillover” income, special cash dis
Prudential Financial, Inc. Announces First Quarter 2026 Results
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today reported first quarter 2026 results. Net income attributable to Prudential Financial, Inc. of $597 million or $1.68 per Common share versus net income of $707 million or $1.96 per share for the year-ago quarter. After-tax adjusted operating income of $1.278 billion or $3.61 per Common share versus $1.188 billion or $3.29 per share for the year-ago quarter. Book value per Common share of $91.28 versus $83.59 per share fo

