Lastest from Businesswire

NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced it has entered into an agreement with Talcott Resolution Life Insurance Company (Talcott), a life insurance and annuities subsidiary of Talcott Financial Group, to reinsure approximately $10 billion of U.S. retail variable annuity and rider reserves. The combined value of the transaction is expected to be approximately $250 million consisting of both ceding commission and capital released over time. The planned reinsurance tra

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--OFG Bancorp (NYSE: OFG) today announced its Board of Directors declared a regular quarterly cash dividend of $0.30 per common share for the quarter ending June 30, 2025. The dividend is payable July 15, 2025, to holders of record at June 30, 2025, with an ex-dividend date of June 30, 2025. About OFG Bancorp Now in its 61st year in business, OFG Bancorp is a diversified financial holding company that operates under U.S., Puerto Rico and U.S. Virgin Islands

SAN FRANCISCO--(BUSINESS WIRE)--Stablecoins – once a technology confined to crypto communities – are making their way into headlines, dinner party conversations and soon, everyday transactions. Visa (NYSE:V), a global leader in digital payments, and Bridge, a leading stablecoin orchestration platform and a Stripe company, today announced a new card-issuing product. Fintech developers using Bridge can now offer stablecoin-linked Visa cards to their end customers in multiple countries through a s

SAN FRANCISCO--(BUSINESS WIRE)--AI is transforming how we shop and pay. Visa is bringing the power of its network and decades-long expertise to bring trust and security to AI-driven commerce. Introduced today at the Visa Global Product Drop, Visa Intelligent Commerce enables AI to find and buy. It is a groundbreaking new initiative that opens Visa’s payment network to the developers and engineers building the foundational AI agents transforming commerce. “Soon people will have AI agents browse,

SAN FRANCISCO--(BUSINESS WIRE)--The future of commerce is on display at the Visa Global Product Drop with powerful AI-enabled advancements allowing consumers to find and buy with AI plus the introduction of new strategic partnerships and product innovations. “As new ways to pay emerge, they need to run on a network that is always on – that is safe, secure, scalable and relentlessly innovating,” said Visa CEO Ryan McInerney. “We are taking the power of our network and our decades-long expertise

HUNT VALLEY, Md.--(BUSINESS WIRE)--Diamond Comic Distributors (“Diamond” or “the Company”), today announced that the United States Bankruptcy Court for the District of Maryland (“the Court”) has approved a combined bid by Universal Distribution LLC (“Universal”) and Ad Populum to acquire the assets of Diamond Comic Distributors. Under the agreement, Universal will acquire the assets of Alliance Game Distributors, and Ad Populum will acquire the assets of Diamond Comic Distributors, Diamond Book

CHICAGO--(BUSINESS WIRE)--D.A. Davidson & Co. today announced that Eric Stetler has been named Head of the Diversified Industrials Group while continuing his role as Head of Mergers & Acquisitions within the firm’s Investment Banking division. In this role, Stetler will lead the group’s strategy, working closely with both private and institutional backed clients across the platform. He has played a key role in building out the Diversified Industrials platform through sector coverage and

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA releases a new quarterly report highlighting our Chief Strategist Van Hesser’s view on key economic indicators, as well as what he identifies as the most influential factors driving credit markets in the upcoming quarter. The report also examines credit market valuations in the context of current and future market conditions. KBRA expects key factors driving credit market conditions in Q2 to include reduced visibility due to policy uncertainty, loosening developm

BOSTON--(BUSINESS WIRE)--Berkshire Partners is delighted to announce that Managing Director Chris Hadley has been named a Top Healthcare Investor of 2025 by GrowthCap. This recognition highlights Mr. Hadley’s deep expertise in healthcare investing and his consistent delivery of strategic and operational insights to Berkshire’s portfolio companies. Mr. Hadley has served as a pivotal member of Berkshire’s team for over 26 years, earning a reputation as a respected and skilled professional. His ab

NASHVILLE, Tenn.--(BUSINESS WIRE)--FB Financial Corporation (NYSE: FBK) announced today that its board of directors declared a quarterly cash dividend of $0.19 per share. The dividend is payable on May 27, 2025, to shareholders of record as of May 13, 2025. “We are pleased to declare our 29th consecutive quarterly dividend to our shareholders,” stated Christopher T. Holmes, President and Chief Executive Officer. “This dividend reflects our continued commitment to returning capital to our shareh

NEW YORK--(BUSINESS WIRE)--Payoneer Global Inc. (NASDAQ: PAYO), the global financial technology company powering business growth across borders, today announced that John Caplan, Chief Executive Officer, will participate in a fireside chat at the JP Morgan 53rd Annual Global Technology, Media and Communications Conference on Wednesday, May 14, 2025 beginning at approximately 8:00AM ET. Investors and interested parties can access the live webcast and replay of the presentation by visiting the Co

SAN FRANCISCO--(BUSINESS WIRE)-- #ceo--IDEO, the global design company, announces the appointment of Michael Peng as its new Chief Executive Officer, effective June 2, 2025. Peng returns to the company after five years of transformative work at Moon Creative Lab, a venture studio established by global trading and investment company Mitsui & Co. His leadership will bring a unique blend of human-centered creativity, multicultural fluency, thoughtful collaboration, and strong business acumen. Derek R

HOUSTON--(BUSINESS WIRE)--Attorney Megan Williams has joined the Houston trial firm Bissinger, Oshman, Williams & Strasburger (BOWS) as Counsel. “We are exceptionally pleased to welcome Megan as a member of our team,” said firm co-founder David Bissinger. “She brings a deep understanding of the core issues that most impact our clients.” Ms. Williams has broad experience in representing public and private companies, as well as entrepreneurs and individuals, in a wide range of civil disputes,

AUSTIN, Texas--(BUSINESS WIRE)--Growing a company is both excruciating and exhilarating. CEOs must continuously evolve to navigate the gauntlet of never-ending challenges that threaten to derail progress. In their groundbreaking new book, Running the Gauntlet: Proven Strategies for High-Growth Leaders (April 29, 2025; An Inc. Original; $25.95), veteran strategic advisors Meg Thomas Crosby and Howard Cleveland provide a robust leadership framework to help CEOs and leadership teams predict, prepa

HARRISBURG, Pa.--(BUSINESS WIRE)--AmericanTCS’s PensionPro, a provider of workflow automation software for third-party administrators (TPAs), is partnering with 7 Simple Machines, a builder of platforms that automate compliance and funding for retirement plans, to offer a new service designed to ease the burden of year-end census reporting for TPAs. The combination of 7 Simple Machine’s powerful data automation capabilities and PensionPro’s user-friendly workflow solutions will make it easier a

NEW YORK--(BUSINESS WIRE)--Material is pleased to announce the appointment of three senior insights leaders.

ATLANTA--(BUSINESS WIRE)--Operation HOPE and Atlanta Public Schools (APS) celebrated a major milestone in their ongoing partnership: the opening of over 10,000 child savings accounts since launching their initiative to provide APS kindergarten students with a free savings account seeded with an initial $50 deposit to be grown over time and used for college or trade school expenses. Operation HOPE Founder Chairman and CEO John Hope Bryant and APS Superintendent Dr. Bryan Johnson joined students

SAN FRANCISCO--(BUSINESS WIRE)-- #AI--Soul Machines today announced Premium Integrations, a new product feature seamlessly connecting its industry-leading Soul Machines Experiential AI Agents™ with major workflow orchestration tools like Zapier. This breakthrough bridges the company's unrivaled real-time, human-like conversational abilities with robust automation, delivering a comprehensive AI Agent offering that transforms how businesses operate and interact with employees and customers. Soul Machin

NEW YORK--(BUSINESS WIRE)--The Litigation Administrator of Celsius Network, LLC (the “Litigation Administrator”), today announced the implementation of a structured, transparent, and innovative settlement framework designed to resolve preference claims against certain remaining defendants. The comprehensive process to determine the global settlement framework included successful mediation with four large defendant groups across the U.S., Europe, and Asia, representing more than 750 preference d

SAN FRANCISCO--(BUSINESS WIRE)--Dialpad, the leader in Ai-powered communications intelligence, today announced its availability on Google Cloud Marketplace, making its award-winning platform easily accessible to millions of Google Cloud users. Businesses of all sizes can now seamlessly incorporate Dialpad’s advanced business communications platform, Dialpad Connect, as well as its contact center solutions – Dialpad Support and Dialpad Sell – through a marketplace that they already are using. Di