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Tri-Continental Corporation Declares Second Quarter Distribution

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
BOSTON--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a second quarter ordinary income distribution of $0.2852 per share of Common Stock and $0.6250 per share of Preferred Stock. In addition, the Corporation declared a total capital gain distribution of $0.5442 per share of Common Stock. This capital gain distribution consists of short-term capital gains of $0.1032 and long-term capital gains of $0.4410. Distributions on Common Stock will be paid on

Masters AI Legal Expands to Los Angeles with First Hybrid Conference as Momentum Builds Nationally

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
NEW YORK--(BUSINESS WIRE)--Masters AI Legal, a division of The Masters Conference, today announced its Los Angeles conference on June 17, 2026, hosted by Buchalter LLP. For the first time, Masters AI Legal will offer both in-person attendance at Buchalter's Los Angeles office and a live virtual experience available to any legal professionals interested in increasing their AI-fluency. Buchalter attorneys from the firm's Sacramento, Orange County, and San Diego offices will participate virtually,

YourStake Acquires First Affirmative and Relaunches the Advisory Firm as Formative, the Home for Modern Values-Based Advisors

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
BROOKLYN, N.Y.--(BUSINESS WIRE)-- #ESG--Values-based tech platform YourStake acquired First Affirmative, the pioneering RIA of the values-based advisor community; relaunching as Formative.

Former Texas Chief Justice Wallace B. Jefferson Installed as President of the American Law Institute

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
WASHINGTON--(BUSINESS WIRE)--Wallace B. Jefferson, the former chief justice of the Supreme Court of Texas, was installed today as president of the American Law Institute at the close of the Institute's 2026 annual meeting. Jefferson begins a three-year term leading the nation's leading independent nonprofit organization dedicated to clarifying, modernizing, and improving the law for the better administration of justice. Jefferson, who continues his appellate practice with Alexander Dubose &

TritonPoint Partners Welcomes Father-Son Team

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
CHEVY CHASE, Md.--(BUSINESS WIRE)--TritonPoint Partners is proud to announce that Richard and Robert Sichel have joined the firm and will be located in the Philadelphia area. Previously, Richard managed approximately $350m in assets, serving multi-generational families, professionals, business owners, retirees, and institutions. Greg Blake, Managing Partner, TritonPoint Partners, said: “We are thrilled to welcome Richard and Robert to our deep team of financial professionals.” TritonPoint Partn

Forest Capital Management, LLC Appoints Brian Jessen as President & Chief Executive Officer

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
CHICAGO--(BUSINESS WIRE)--Forest Capital Management today announced the promotion of Brian Jessen to President & Chief Executive Officer, effective immediately. Founder Nick Gialamas, who has served as CEO since the firm's inception, will become Chairman of the Board and continue to provide strategic leadership as the firm advances its long-term vision. The planned transition reinforces Forest Capital's commitment to continuity, disciplined growth, and enduring client partnerships. Mr. Jess

Glass Lewis Recommends ECAT Shareholders Vote in Support of All of ECAT’s Board Nominees

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
NEW YORK--(BUSINESS WIRE)--BlackRock Advisors LLC (“BlackRock”) announced today that Glass Lewis, a leading independent proxy advisory firm, recommended that shareholders vote on the WHITE proxy card FOR all nine of the Board nominees of BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT) (the “Fund”) ahead of the Fund’s annual meeting on June 9, 2026. In making its recommendation, Glass Lewis rejected the dissident’s full slate of nominees. Important statements by Glass Lewis in issuing i

William Blair Adds Senior Fintech Banker in London

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
LONDON--(BUSINESS WIRE)--William Blair announced today the addition of Rishi Sethi as a London-based managing director in the firm’s global Technology team. The move strengthens William Blair’s European Fintech practice and enhances the firm’s delivery of comprehensive advisory resources for fintech-focused companies and financial sponsors. “Rishi’s deep sector expertise in Fintech will boost our strong momentum and Technology practice growth across Europe,” said Raphael Grunschlag, managing di

Tema Space Innovators ETF (NASA) Exceeds $1 Billion AUM in 37 Days

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
NEW YORK--(BUSINESS WIRE)--Tema ETFs (“Tema”), a leader in institutional-quality and actively managed exchange-traded funds, today announced that its Space Innovators ETF (NASA) has surpassed $1 billion in assets under management (AUM) in just 37 trading days.1 Launched on March 31 with $1 million in seed capital, NASA is the first and only pure-play space ETF to offer exposure to SpaceX. Since launch, NASA has achieved several notable milestones among U.S.-listed ETF peers: Largest Space ETF:

KKR Sells CIRCOR Aerospace to Parker Hannifin for $2.55 Billion

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
NEW YORK & BURLINGTON, Mass.--(BUSINESS WIRE)--KKR and CIRCOR International (“CIRCOR” or the “Company”), a global manufacturer of flow control products for industrial, naval, and aerospace markets, today announced the signing of a definitive agreement to sell CIRCOR Aerospace, the Company’s aerospace division, to Parker Hannifin Corporation (NYSE:PH), the global leader in motion and control technologies, for $2.55 billion. Funds managed by KKR first acquired CIRCOR for $1.8 billion in 2023 and

New Intapp Time release brings AI deeper into the time entry workflow to capture more billable hours and protect earned revenue

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
PALO ALTO, Calif.--(BUSINESS WIRE)--Our latest Intapp Time release introduces new AI capabilities and timekeeping experiences that make capturing every hour of work even more effortless.

KBRA Credit Ratings to Be Included in Bloomberg CMBS Index Methodology

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA today announced that its credit ratings will be incorporated into Bloomberg Index Services Limited’s CMBS index rating methodology, effective with the June 2026 month-end index rebalance. The Bloomberg CMBS index is a widely followed benchmark used by institutional investors to track the performance of U.S. commercial mortgage-backed securities and support portfolio construction, risk management, and relative value analysis. The index includes more than 2,300 sec

Amplify Appoints Industry Veteran Adam Scully-Power as Managing Director, Enterprise Strategy

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- #advisortech--Amplify, the AI-native RIA growth platform built on data lake architecture, announced the appointment of Adam Scully-Power as MD, Enterprise Strategy

Dwight Capital and Dwight Mortgage Trust Finance Over $619MM in April 2026

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
MIAMI--(BUSINESS WIRE)--Dwight Capital and its affiliate REIT, Dwight Mortgage Trust (“DMT”), closed $619.5 million in real estate transactions in April, marking the firm's highest-volume month of the year to date. Leading the month’s activity, Dwight Capital closed a record-setting $130 million HUD 223(f) loan for The Gardens Residences, a 358-unit luxury high-rise in Downtown North Miami. This transaction achieved three notable milestones: it was the largest HUD loan ever closed in Florida, t

The AI-Native Enterprise Services Firm Backed by Anthropic, Blackstone, and Hellman & Friedman Announces Acquisition of Fractional AI

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
SAN FRANCISCO--(BUSINESS WIRE)--The recently announced AI-native enterprise services firm led by Anthropic, Blackstone, Hellman & Friedman, and others to help mid-size companies bring Claude into their core operations, today announced the acquisition of Fractional AI, a leading applied AI services company based in San Francisco. Fractional AI’s team and delivery capabilities will serve as the founding operational centerpiece of the new company. Fractional AI was founded in 2024 by Chris Tay

80% of Brand and Agency Marketers Optimize Without Verified Purchase Data — 35% Say Results Don’t Hold Up

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
NEW YORK--(BUSINESS WIRE)--Despite years of significant technological investments, most marketers still cannot connect ad exposure to actual purchases in real-time for measurement or optimization, according to new research released today by the Affinity Solutions Outcomes Marketing Council, a collaborative forum that includes leaders from DoubleVerify, Claritas, Lexitas and more, focused on advancing outcomes-based advertising and measurement. The study found that four in five respondents said

Shift4 Partners With Bar Rescue’s Jon Taffer for $100,000 “Rescue Mission” Contest

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
CENTER VALLEY, Pa.--(BUSINESS WIRE)--Shift4 (NYSE: FOUR), the global commerce technology provider powering the experience economy, today announced the launch of its third Shift4 Rescue Mission contest, partnering once again with hospitality expert and Bar Rescue star Jon Taffer. The program will award $100,000 to a community-focused restaurant or bar owner facing operational and financial challenges. Applications open today for restaurant owners nationwide seeking support to revitalize their bu

Pathward Financial, Inc. Declares Cash Dividend

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
SIOUX FALLS, S.D.--(BUSINESS WIRE)--Pathward Financial, Inc. ("Pathward Financial" or the “Company”) (Nasdaq: CASH), a U.S.-based financial holding company driven by its purpose to power financial inclusion for all, announced that the Company will pay a cash dividend of $0.05 per share for the third fiscal quarter of 2026. This dividend will be payable on July 1, 2026 to shareholders of record as of June 11, 2026. At March 31, 2026, the Company had total assets of $7.11 billion and shareholders

UNPACK ’26 SUMMER TRAVEL TRENDS: DOMESTIC DEMAND RISES AS TRAVELERS TAKE A MORE MEASURED APPROACH

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
SEATTLE--(BUSINESS WIRE)--Today, Expedia Group released Unpack ’26 Summer: The Trends in Travel, the latest edition of its industry-leading report, revealing how travel behavior is shaping summer travel decisions. Demand for domestic travel is dominating summer vacation planning. Social conversation about domestic vacations has increased by 77% year-over-year globally, doubling in the U.S. in particular, and 63% of U.S. travelers are planning a domestic trip this summer.* From major sporting ev

Meeting Between Senior Delegations of the Central Bank of Libya and Numisma Bank

Lastest from Businesswire - Thu, 05/21/2026 - 11:38
GREENWICH, Conn.--(BUSINESS WIRE)--A delegation from Numisma Bank led by the bank’s Chairman and Chief Executive Officer and comprised of senior Compliance and Operations officials met with H.E. Naji Mohammed Issa, Governor of the Central Bank of Libya (“CBL”), and senior CBL officials in Tripoli. The two teams held high-level discussions on the historic structural reforms being implemented by H.E. Naji Mohammed Issa, and the rising confidence across various sectors of the international financi

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