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Goldman Sachs Gave $1.6B Adviser 24 Hours to Accept Forced Retirement or Be Fired, Arbitration Filing Says
SAN FRANCISCO--(BUSINESS WIRE)--A veteran Goldman Sachs advisor has filed a Financial Industry Regulatory Authority (FINRA) arbitration claim alleging the firm engaged in age discrimination, wrongful termination, and unlawful withholding of earned deferred compensation after giving him just 24 hours to involuntarily retire or be fired. The claim, filed by San Francisco-based advisor Don Lavi, alleges that Goldman Sachs terminated the 63-year-old advisor after nearly two decades with the firm de
Grant Thornton survey: CFOs accelerate tech spending as AI momentum increases
CHICAGO--(BUSINESS WIRE)--A new survey from Grant Thornton in the U.S. showed chief financial officers (CFOs) are making record investments in artificial intelligence (AI) and digital transformation while pulling back on cost cuts, even as optimism about the broader economy remains mixed. According to Grant Thornton’s Q1 2026 CFO survey, 68% of CFOs said they expect IT and digital transformation spending to increase over the next year — marking the highest level recorded in the 21 quarters the
JPMorganChase Partners With Sports Legends to Help Athletes Master Their Money
NEW YORK--(BUSINESS WIRE)--JPMorganChase today announced a new initiative to help athletes navigate every aspect of their financial lives, from early career stages through retirement. Building on the firm’s extensive banking and wealth planning and management expertise, the JPMorganChase Athlete Council brings together some of the world’s most accomplished sports figures who will meet with JPMorganChase leaders on a periodic basis to discuss the unique financial needs of athletes and guide the
800.com Launches AI Agents So You Never Miss a Customer Call Again
NEW YORK--(BUSINESS WIRE)--800.com, the business phone platform built for small businesses, today announced the launch of 800 AI Agents, AI-powered virtual receptionists that answer calls, respond to customer questions, book appointments, and capture leads whenever a business owner is unavailable. Starting today, 800.com customers can activate an AI Agent directly inside their existing call flow, with no additional hardware, no long-term contracts, and no technical setup required. For small bus
Kraken Launches Instant USD Withdrawals, Available 24/7/365
CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken has today launched instant USD withdrawals in the U.S., enabling clients to move funds to a personal bank account in minutes, at any hour, on any day of the year, including weekends and federal holidays. The move directly addresses one of the most persistent frustrations in retail finance: the multi-day lag between executing a trade and moving capital. "Crypto markets don't close at 5pm, and trading opportunities don't wait for Monday morning. Fiat transf
Front Expands Channel Ecosystem with Bridgepointe Technologies, Intelisys, Sandler Partners, and Telarus to Bring Complex Customer Operations to More B2B Teams
SAN FRANCISCO--(BUSINESS WIRE)--Front, the customer operations platform built for B2B complexity, today announced new partnerships with Intelisys, Sandler Partners, and Telarus. The agreements expand Front’s distribution across the technology services distributor (TSD) ecosystem, connecting the company with thousands of technology advisors who influence mid-market and enterprise customer experience buying decisions. While much of the CX market has focused on high-volume ticket deflection, Front
Vervent Launches Market-Driven Vendor Surveillance Solution to Enhance Portfolio Visibility
SAN DIEGO--(BUSINESS WIRE)--Vervent, a fintech leader in the servicing space today announced the launch of Vervent Vendor Surveillance, an independent third-party monitoring solution designed to verify that critical vendors supporting an originator’s key operational functions remain current and in good standing. The new service gives lenders, trustees, agents, and private credit investors an early-warning layer of visibility into operational stress before payment defaults or covenant breaches o
Lone Star Funds Announces Final Closing of Residential Mortgage Fund IV
DALLAS & NEW YORK & LONDON & TOKYO--(BUSINESS WIRE)--Lone Star Funds (“Lone Star”) today announced the final close of its latest residential mortgage fund, Lone Star Residential Mortgage Fund IV, L.P. (“LSRMF IV” or the “fund”). Total capital committed to the fund is in excess of $1 billion, providing LSRMF IV with the ability to invest in over $10 billion of mortgage loans. LSRMF IV will leverage Lone Star’s extensive origination, financing and investment experience to programmatically invest
Takes Relaunches with All-New Gameplay, Daily Sports Challenges, and Interactive March Madness Bracket
SAN FRANCISCO--(BUSINESS WIRE)-- #MarchMadness--Takes today announced the official relaunch of its interactive sports platform, unveiling a completely redesigned mobile app and new web-based experiences built for the modern sports fan. The redesigned Takes app uses an AI-powered system that structures the chaos of live sports, news, and highlights into dynamic daily games with personalized performance tracking, while building in social layers that let fans compete with friends and communities. “We have investe
Veteran Financial Advisor Zulma Petty Launches Anchor Pointe Financial Planning
ROEBUCK, S.C.--(BUSINESS WIRE)--Zulma Petty, a seasoned financial advisor with over eight years of experience, has announced the launch of her independent practice, Anchor Pointe Financial Planning. The new firm, based in the Spartanburg area, reflects Petty’s commitment to providing comprehensive, client-centered financial guidance with the flexibility that independent practice offers. Petty built a successful practice during her tenure at Edward Jones, earning the trust of clients across the
$45 Million Trial Settlement Secured by Los Angeles Trial Attorney Christopher Montes de Oca After FlyAway Airport Shuttle Crosswalk Crash in Los Angeles
LOS ANGELES--(BUSINESS WIRE)-- #CatastrophicInjury--$45 million trial settlement secured by Los Angeles attorney Christopher Montes de Oca after a FlyAway airport shuttle crosswalk crash.
Mendocino Railway Honored With Prestigious 2026 Visit California Poppy Award for Best Content Marketing
FORT BRAGG, N.C. & SACRAMENTO, Calif. & SANTA PAULA, Calif.--(BUSINESS WIRE)--Mendocino Railway is proud to announce that it was honored as the Best Content Marketing winner in the 2026 Visit California Poppy Awards this week. Every two years, the Poppy Awards recognize excellence in tourism marketing and destination stewardship for California, identifying the most creative and impactful tourism campaigns from across the state. For 2026, Visit California received more than 170 campaign submissi
National Storage Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of National Storage Affiliates Trust - NSA
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of National Storage Affiliates Trust (NYSE: NSA) to Public Storage Public Storage (NYSE: PSA). Under the terms of the proposed transaction, shareholders of National will receive $0.14 of a share of Public Storage common stock or partnership units for each share or unit of National that they own. KSF is
Los Angeles Small Business ‘Spreads’ Global Reach with Coupang
LOS ANGELES--(BUSINESS WIRE)--Spread The Love partners with Coupang to grow internationally.
AI-driven Referrals Grew Over 300% in 2025: Euromonitor International
LONDON--(BUSINESS WIRE)-- #AI--Generative AI platforms are transforming how consumers discover and purchase products, with AI-driven referrals to retail websites surging 304% from January to December 2025, well above the 40% growth recorded from other referrals sources, according to market intelligence company Euromonitor International. Insights shared during the Euromonitor Live: First Look web event show how these technologies are beginning to shift the traditional purchase journey, challenging est
Edgemoor Investment Advisors’ Meehan Focus Fund wins Fourth LSEG Lipper Award
BETHESDA, Md.--(BUSINESS WIRE)--Edgemoor Investment Advisors, Inc. is pleased to announce that the mutual fund it manages, the Meehan Focus Fund – MEFOX (the Fund), won the 2026 LSEG Lipper Fund Award for the “Best Fund over 5 years” among all Large Cap Core funds. The Meehan Focus Fund ranked number 1 out of 152 funds in the Large Cap Core category for the five-year period ending November 30, 2025, based on risk-adjusted returns. The Fund’s 2025 calendar year return was 21.1%, net of fees. The
Datalign Advisory Launches Custom Compliance-by-Design AI Agents for Wealth Management, Making Agentic AI Accessible to Every Advisory Firm
CAMBRIDGE, Mass.--(BUSINESS WIRE)--Datalign Advisory today announced it is opening its agentic AI platform to advisory firms across the industry. Unlike platforms that focus AI capabilities inward — streamlining advisor workflows and back-office operations — Datalign's agents are designed to be accessible to clients: supporting advisor-client relationships and delivering the firm's expertise, methodology, and branded experience in every interaction. The offering allows firms of any size to buil
QHP Announces $1.1 Billion Continuation Vehicle for Azurity Pharmaceuticals
RALEIGH, N.C.--(BUSINESS WIRE)--On February 13, 2026, QHP Capital, L.P. (“QHP”) announced the closing of a $1.1 Billion single-asset continuation vehicle for Azurity Pharmaceuticals, Inc. (“Azurity”). The transaction provides liquidity to existing limited partners while enabling QHP to maintain control and continue executing on Azurity’s long-term value creation plan. The transaction was led by HarbourVest Partners, LLC (“HarbourVest”), with Pantheon Ventures, L.P. participating as a significan
KBRA Releases Research – Anatomy of Loss in Single-Borrower CMBS: A Loan-Level Analysis
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining loss severities in the single-asset single borrower (SASB) commercial mortgage-backed securities (CMBS) sector. SASB transactions have grown to dominate post-global financial crisis (GFC) issuance, and while loan defaults in the sector have risen sharply since the onset of the pandemic, the sector's overall loss rate remains limited, as nearly three-quarters of SASB loans resolved after default experienced minimal to no loss. When loss
Benson Integrated Marketing Solutions Launches SureStep, a Centralized Safety Footwear Program for Multifamily Operations
ALPHARETTA, Ga.--(BUSINESS WIRE)-- #Safetyfootwear--Benson Integrated Marketing Solutions today announced the launch of SureStep, a purpose-built safety footwear program designed to support multifamily maintenance teams at scale. The program provides technicians, grounds crews, and onsite professionals with high-performance footwear tailored for the physical demands of property operations. As operators navigate rising insurance costs, increased safety scrutiny, and ongoing maintenance labor shortages, structured
