Feed aggregator
BNY Mellon Investment Adviser, Inc. Announces Closing of Reorganization of BNY Mellon Municipal Income, Inc. With and Into a BNY Mellon Municipal Open-end Fund
NEW YORK--(BUSINESS WIRE)--BNY Mellon Investment Adviser, Inc. announced today the completion of the reorganization of BNY Mellon Municipal Income, Inc. (the "Fund"), a registered closed-end fund, with and into BNY Mellon AMT-Free Municipal Bond Fund (the "Acquiring Fund"), a series of BNY Mellon Municipal Funds, Inc., a registered open-end fund, effective as of the close of business on Friday, June 20, 2025. As previously announced, Fund stockholders approved the reorganization at a Special Me
MakeMyTrip Announces Closing of Offering of US$1.25 billion 0.00% Convertible Senior Notes Due 2030 and Full Exercise of Option to Purchase Additional Notes
NEW YORK & GURUGRAM, India--(BUSINESS WIRE)---- $MMYT #Goibibo--MakeMyTrip announces closing of offering of US$1.25 billion 0.00% convertible senior notes due 2030.
Altruist Launches Bold Rebrand, Further Separating Itself From Legacy Custodians
LOS ANGELES--(BUSINESS WIRE)--Altruist, the modern custodian built exclusively for RIAs, today announced a significant rebrand and overhaul of its advisor platform and client portal. Now supporting over 4,900 advisors, Altruist is the fastest-growing RIA custodian according to the 2025 T3 Software Study. The platform has tripled assets under management for two consecutive years and is increasingly attracting larger, more sophisticated high-growth firms, with average firm size up 43% year-over-y
Maximus Named a Top Washington-Area Workplace by The Washington Post
TYSONS, Va.--(BUSINESS WIRE)--Maximus, a leading employer and provider of government services, announced it has been named one of The Washington Post’s 2025 Top Workplaces in the Washington, D.C. area. This marks the second consecutive year Maximus earned a spot on the list, which is based solely on employee feedback gathered through an anonymous, third-party survey by research partner Energage, LLC. The survey measured several aspects of workplace culture, including alignment, execution, and c
Compliance Risk Concepts (CRC) Acquires Oyster Consulting
NEW YORK--(BUSINESS WIRE)--Compliance Risk Concepts (CRC), an enterprise risk, compliance and business consulting firm for the financial services industry, has acquired Oyster Consulting, LLC (Oyster), a strategic consulting and operations partner for financial services organizations. The combined firm, which will be known in the marketplace as CRC-Oyster, becomes one of the preeminent risk and compliance consulting firms servicing Financial Institutions and the broader financial services indus
CARET Welcomes Jay Kuhlman as Chief Executive Officer
SAN DIEGO--(BUSINESS WIRE)--CARET, the leading provider of SaaS practice management and integrated payment technology for midsize law firms, announced today the appointment of Jay Kuhlman as Chief Executive Officer. Kuhlman brings over 25 years of leadership experience across technology and growth-stage businesses with a proven track record of scaling operations, driving long-term growth, and fostering high-performing teams. His deep expertise in go-to-market strategy and product innovation wit
Best’s Market Segment Report: 2024 Pricing Cuts in U.S. Cyber Generated First-Ever Reduction in Direct Premiums Written
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Premiums generated from cyber insurance coverage declined by 2.3% to slightly less than $7.1 billion in 2024 compared with a year earlier, marking the first ever decrease in the segment since the data was first collected in 2015, according to a new AM Best report. Despite the drop in premium, the loss ratio for the U.S. cyber segment remained below the 50% mark in 2024, suggesting that the line of coverage is still profitable for those who choose to underwrite th
Compound Planning Eclipses 50 Total Advisors; Continues Momentum with Eight Latest Additions
NEW YORK--(BUSINESS WIRE)--Compound has added eight financial advisors, including a three-person team who previously managed a $120 million RIA, Northstar Financial Management.
MetLife and Nayya Expand Access to Upwise via Workday Marketplace
NEW YORK--(BUSINESS WIRE)--Today MetLife announced that through a strategic collaboration with Nayya, it is expanding access of Upwise, MetLife’s benefits experience platform, by making it available to employers through Workday Marketplace. This is another critical step in MetLife’s strategy to extend market leadership and its commitment to address the benefits ‘confusion gap’1 prevalent in today’s workforce. Since launching Upwise in 2024, the response has been outstanding, with a majority (64
Credit Union Members Are More Likely to Have Ancillary Insurance Protections for Their Prized Purchases, Study Finds
ST. PAUL, Minn.--(BUSINESS WIRE)--Credit union members are more likely than non-credit union members to have ancillary insurance protections—roadside assistance, vehicle and property protection, extended warranties, etc.—for their high-value purchases, according to a new study. Securian Financial, a provider of insurance and other protection products to credit unions, surveyed just over 1,000 consumers, of which 59% (616) were credit union members and 41% (420) were not. On all 15 ancillary ins
Vultr Secures $329 Million in Credit Financing to Expand Global AI Infrastructure and Cloud Computing Platform
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Vultr Secures $329 Million in Credit Financing to Expand Global AI Infrastructure and Cloud Computing Platform.
The Hackett Group®: Research Shows Gen AI Helps Top HR Teams Drive Engagement, Efficiency and Strategic Impact
MIAMI--(BUSINESS WIRE)---- $HCKT #CHRO--The Hackett Group, Inc. (NASDAQ: HCKT), a leading generative artificial intelligence (Gen AI) consultancy and executive advisory firm, today released its 2025 Digital World Class® Human Resources (HR) research. It reveals how top-performing HR organizations are redefining excellence. The report shows that Digital World Class® HR organizations – those achieving top-quartile performance in both business value and operational excellence – are achieving 29% lower cost while
CARM Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Carisma Therapeutics Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Carisma Therapeutics Inc. (NASDAQ: CARM) and OrthoCellix, Inc. is fair to Carisma shareholders. Upon completion of the proposed transaction, existing Carisma shareholders are expected to own approximately 10% of the combined company. Halper Sadeh encourages Carisma shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper
European Commission Approves Liberty Media’s Acquisition of MotoGP™
ENGLEWOOD, Colo.--(BUSINESS WIRE)--European Commission approves Liberty Media’s acquisition of MotoGP™
The Carbon Credit Tokenization Patent, issued Friday June 20th, Pioneers a Scalable, Stablecoin AI-Driven Blockchain Platform for Generating, Trading, and Monetizing Carbon Credits
NEW YORK--(BUSINESS WIRE)--Datavault AI, Inc. (NASDAQ: DVLT), a trailblazer in AI-driven blockchain, data monetization, and Web 3.0 solutions, continues its innovation leadership in the blockchain and data science sectors with the U.S. Patent and Trademark Office (USPTO) granting Notices of Allowance and issuances for nine groundbreaking patents, headlined by its industry-defining Carbon Credit Tokenization Patent (Appl. No. 17/874,069, Allowance: 6/20/2025). We believe these 2025 milestones ce
F/m Investments CEO Alex Morris Named Finalist for CEO of the Year at 2025 Wealth Management Industry Awards
WASHINGTON--(BUSINESS WIRE)--F/m Investments ("F/m"), an $18 billion investment firm and innovative provider of exchange-traded funds (ETFs), today announced that CEO Alex Morris has been named a finalist for Chief Executive Officer of the Year (Asset Manager) at the 2025 Wealth Management Industry Awards. This prestigious recognition honors executives who exemplify vision, creativity, and integrity while demonstrating measurable business impact and thought leadership within the financial servi
Blueprint Finance Raises Additional $9.5 Million to Build the Next Generation of DeFi Infrastructure Solutions
NEW YORK--(BUSINESS WIRE)--Today, Blueprint Finance, a multi-chain DeFi infrastructure company and the core developer of both the Ethereum-based Concrete and Solana-based Glow Finance, announced it has raised a fresh $9.5 million in funding led by Polychain Capital, including a strategic investment from Yzi Labs (formerly Binance Labs). To date, Blueprint has raised more than $17 million. This raise includes participation from other leading investment and venture capital firms in the industry,
Availity Applauds Industry Commitment to Modernize Authorizations
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Availity, the nation’s largest real-time health information network, celebrates the news that the country’s leading health insurers have pledged sweeping reforms to modernize the authorization process—committing to real-time decisions, standardized electronic workflows, and better transparency by 2027. Availity is already delivering on this promise through its next-generation, FHIR-native Intelligent Utilization Management solution, which delivers authorizat
1Kosmos Named an Overall Leader in KuppingerCole Leadership Compass for Identity Verification
ISELIN, N.J.--(BUSINESS WIRE)-- #Blockchain--The report highlights 1Kosmos for its comprehensive product capabilities, industry leading technology, and market reach.
Law Offices of Howard G. Smith Encourages Rocket Pharmaceuticals, Inc. (RCKT) Investors To Inquire About Securities Fraud Class Action
BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors who purchased Rocket Pharmaceuticals, Inc. (“Rocket” or the “Company”) (NASDAQ: RCKT) securities between February 27, 2025 and May 26, 2025, inclusive (the “Class Period”). Rocket investors have until August 11, 2025 to file a lead plaintiff motion. IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN ROCKET PHARMACEUTICALS, INC. (RCKT), CONTACT THE LAW OFFICES OF