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BRW Announces $0.085 Dividend

Lastest from Businesswire - Tue, 09/02/2025 - 09:29
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on August 29, 2025, payable on September 30, 2025 to shareholders of record as of September 10, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), where

Impact Credit Union Selects Mahalo Banking for Secure, Inclusive Digital Banking Solution

Lastest from Businesswire - Tue, 09/02/2025 - 09:29
TROY, Mich.--(BUSINESS WIRE)-- #banking--Impact Credit Union selects Mahalo Banking to modernize digital banking, streamline core integration, and deliver a seamless member experience.

SABA Announces $0.058 Dividend

Lastest from Businesswire - Tue, 09/02/2025 - 09:29
NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.058 per share on August 29, 2025, payable on September 30, 2025 to shareholders of record as of September 10, 2025. Managed Distribution Plan. The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), w

Hourly Wage Growth Among U.S. Small Business Workers Near Five-Year Low

Lastest from Businesswire - Tue, 09/02/2025 - 09:29
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch for August, job growth among U.S. small businesses with fewer than 50 employees remained flat, consistent with trends observed for the last year, while national hourly earnings growth for workers reached its lowest level since December 2020 at 2.58%, continuing to trend below three percent for the 10th consecutive month. The Small Business Jobs Index, which is a primary component of the Small Business Emp

DSG Global Appoints Bryan Christianson as a Managing Director of its Healthcare Practice

Lastest from Businesswire - Tue, 09/02/2025 - 09:29
PHILADELPHIA--(BUSINESS WIRE)--DSG Global is pleased to announce the addition of Bryan Christianson as a Managing Director for the Firm’s Healthcare Practice.

Accelerating Business Continuity: Everbridge Unveils BC in the Cloud (BCIC) Integration in High Velocity CEM at DRJ Fall 2025

Lastest from Businesswire - Tue, 09/02/2025 - 09:29
VIENNA, Va.--(BUSINESS WIRE)--Everbridge, Inc., the global leader in High Velocity Critical Event Management (CEM) and national public warning solutions, will debut its High Velocity CEM™ platform with BC in the Cloud (BCIC) integration at DRJ Fall 2025, September 7–10 at the Gaylord Texan Resort & Convention Center in Grapevine, Texas. Attendees can visit Booth #219 for live demos and in-depth product sessions, including three exclusive presentations featuring Everbridge experts and custom

Fiserv Small Business Index Holds Steady in August as Consumer Resilience Meets Spending Caution

Lastest from Businesswire - Tue, 09/02/2025 - 09:29
MILWAUKEE--(BUSINESS WIRE)--Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for August 2025, with the seasonally-adjusted Index holding steady at 149. Year-over-year sales (+3.9%) and transactions (+3.7%) remained strong, as resilient consumer spending continued. Average ticket sizes (+0.3%) also grew compared to 2024. Month-over-month sales were relatively unchanged despite an increase in foot traff

Sumitomo Corporation, SMBC Aviation Capital, Apollo and Brookfield to Acquire Air Lease Corporation in 100% Cash Transaction

Lastest from Businesswire - Tue, 09/02/2025 - 06:29
NEW YORK & DUBLIN & TOKYO--(BUSINESS WIRE)--Sumitomo Corporation, SMBC Aviation Capital, Apollo managed funds (“Apollo”) and Brookfield, today announced that they have reached a definitive agreement to acquire Air Lease Corporation (“Air Lease”), a leading aircraft lessor founded by Steven F. Udvar-Házy and John L. Plueger with a portfolio primarily comprised of new technology aircraft. Upon closing, Air Lease will be renamed Sumisho Air Lease, a newly established entity. Apollo and Brookfield

Macquarie Infrastructure Partners VI Exercises Option to Increase Equity Stake in Diamond Infrastructure Solutions to 49%

Lastest from Businesswire - Tue, 09/02/2025 - 06:29
NEW YORK--(BUSINESS WIRE)--Macquarie Asset Management today announced that Macquarie Infrastructure Partners VI (“MIP VI”), an unlisted infrastructure fund managed by Macquarie Asset Management has exercised the previously announced option to acquire an additional 9% equity stake in select U.S. Gulf Coast infrastructure assets of Dow Inc. (“Dow”) (NYSE: DOW). This brings MIP VI’s total equity stake in Diamond Infrastructure Solutions (“Diamond”) to 49%. Diamond is a specialist infrastructure pr

CW Advisors Adds Two Pennsylvania RIAs

Lastest from Businesswire - Tue, 09/02/2025 - 06:29
BOSTON--(BUSINESS WIRE)--CW Advisors, LLC (“CWA”), a registered investment advisor (“RIA”), headquartered in Boston, announces it has acquired Capital Management Services, Inc. (“CMS”) and CHB Investment Group, LLC (“CHB”). CMS and CHB, both located in Pennsylvania, provide financial planning and investment management services to high-net-worth individuals. The deals add $575 million in assets under management (AUM) to CWA. Terms of the transactions, which closed last month, are not disclosed.

The Kraft Heinz Company Announces Plan to Separate into Two Scaled, Focused Companies to Accelerate Profitable Growth and Unlock Shareholder Value

Lastest from Businesswire - Tue, 09/02/2025 - 06:29
PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today announced that its Board of Directors has unanimously approved a plan to separate the Company into two independent, publicly traded companies through a tax-free spin-off. The separation is designed to maximize Kraft Heinz’s capabilities and brands while reducing complexity, allowing both new companies to more effectively deploy resources toward their distinct strategic priorities.

ICON plc to Participate at Upcoming Investor Conferences

Lastest from Businesswire - Tue, 09/02/2025 - 06:29
DUBLIN--(BUSINESS WIRE)--ICON plc to Participate at Upcoming Investor Conferences

Banc of California Inc. to Participate in the Barclays 23rd Annual Global Financial Services Conference

Lastest from Businesswire - Tue, 09/02/2025 - 06:29
LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) announced today that Jared Wolff, Chairman and Chief Executive Officer, will meet with investors at the Barclays 23rd Annual Global Financial Services Conference in New York on September 8–10, 2025. In addition to meeting with investors, Mr. Wolff will participate in a fireside chat on September 9th at 10:30 a.m. Eastern Time. The live audio webcast and replay of the fireside chat will be available on Banc of California’s inves

Milliman Retiree Health Cost Index: A 65-year-old couple needs $388,000 in savings for healthcare in retirement

Lastest from Businesswire - Tue, 09/02/2025 - 06:29
SEATTLE--(BUSINESS WIRE)-- #healthcarecosts--Milliman projects a 65-year-old couple needs $388,000 in savings for healthcare in retirement.

Apella Wealth Welcomes Park Piedmont Advisors Establishing Presence in Chicago and Adding over $1 Billion in AUM

Lastest from Businesswire - Tue, 09/02/2025 - 06:29
WEST HARTFORD, Conn.--(BUSINESS WIRE)--Apella Wealth (“Apella”), a financial advisory and wealth management firm serving individuals, families, and businesses, announced today that Park Piedmont Advisors (“Park Piedmont”), a respected Chicago and San Francisco Bay area advisory firm, has joined Apella. Established in 2003, Park Piedmont is a fee-only advisory firm led by Nick and Tom Levinson (and co-founded by Nick and their late father, Victor). The firm is recognized for its personalized app

SS&C Technologies To Acquire Curo Fund Services

Lastest from Businesswire - Tue, 09/02/2025 - 06:29
WINDSOR, Conn.--(BUSINESS WIRE)--SS&C Technologies To Acquire Curo Fund Services

Corient Announces Global Expansion Through Addition of Stonehage Fleming and Stanhope Capital Group, Creating $430-Billion Independent Ultra-High-Net-Worth Wealth Manager

Lastest from Businesswire - Tue, 09/02/2025 - 06:29
MIAMI & LONDON--(BUSINESS WIRE)-- #Corient--Corient announces the addition of Stonehage Fleming and Stanhope Capital Group, creating a $430-billion global independent wealth management firm.

AM Best Publishes Annual Review of Global Reinsurance Industry; Analysis Highlights Reinsurers’ Discipline in Transitioning Market

Lastest from Businesswire - Tue, 09/02/2025 - 03:29
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--As reinsurance industry leaders prepare to gather in Monte Carlo for the annual Rendez-Vous de Septembre, AM Best’s latest research on the global industry highlights the segment’s strong technical results and disciplined underwriting amid a market recalibration since the January 2023 renewal period. Now available in one comprehensive volume, featuring exclusive extra content, AM Best’s in-depth analysis of key segments and regional markets spotlights a shift in h

Generation Impact Global announces launch of QB-EDGE: A smarter way to Collect, Collaborate, and Comply

Lastest from Businesswire - Tue, 09/02/2025 - 03:29
GENEVA--(BUSINESS WIRE)--Generation Impact Global (GIG), a Swiss RegTech company specialising in sustainability and non-financial data management, today announced the official launch of QB-EDGE, its next-generation questionnaire and data collection tool. Built for financial institutions, corporates, and multi-stakeholder ecosystems, QB-EDGE addresses one of the most pressing challenges in ESG and regulatory reporting: how to collect and manage complex data across multiple teams and frameworks w

AI Gaps

AI is changing work for many businesses, often saving time and cost, while also delivering better outcomes.

Yet, according to multiple studies, the primary factors hindering AI adoption are concerns about inaccuracy and data security.

Inaccuracy – to address, look for sources of data, and read/check everything.

Image by Data Science Dojo

Data security – opt out of your data being used for learning; also, check your data security measures regularly.

There are other elements as well, you should be aware of and keep in mind as you move forward with AI.

Mind the gaps to manage AI implementation

Responsibility – the potential gap between developers, application builders, and end users of AI models. Determine who is responsible for the model’s accuracy and possible harms.

Principles – businesses may enact responsible AI principles, but the teams building and deploying AI offerings often struggle to operationalize them. Ensure the teams building Ai applications have visibility into the data used to train models, have detailed information on and deploy how it may perform.

Goals – business goals need to be aligned; otherwise, gaps occur and anticipated results do not occur. First, make sure everyone is clear and aligned on why AI is being used in the first place: human augmentation or automation, operational efficiency or revenue growth, improved over human accuracy or lower cost, and other business goals. Also consider the role environmental sustainability plays in your business decisions.

Further, consider your own potential gaps:

Knowledge – not just your business knowledge, but that specifically of AI and what it can do for your business.

Patience – the initial result, even multiple iterations, often do not produce the desired outcome. You need to be patient and be more specific when you ask for clarification and provide more detailed information as a basis for going forward.

Remember, AI is not a substitute for human judgment.  With AI, it is possible to check more sources and survey larger data pools. But it takes a human in the driver’s seat to decide what to look at, which information to include, and to check the accuracy of the output.

There is a need for AI within businesses.  AI is affecting how firms think about career paths within their businesses. Already, there are reports of entry level jobs drying up, being done by AI. Ai expertise is increasingly important to how businesses operate, yet it is often difficult to attract “non-qualified” technical experts.

Please share other gaps you have identified and how AI has affected your business.

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