Lastest from Businesswire

LONDON--(BUSINESS WIRE)--CMOs are allocating an average of 15.3% of marketing budgets to AI initiatives, yet most marketing organizations lack the maturity to scale those investments, according to a survey by Gartner, Inc., a business and technology insights company. While 70% of CMOs say becoming an AI leader is a critical goal for 2026, only 30% report mature or fully developed AI readiness capabilities. The annual Gartner CMO Spend Survey was conducted January through March 2026 among 401 CM

NEW YORK--(BUSINESS WIRE)---- $MNDY #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against monday.com Ltd. (“monday.com” or the “Company”) (NASDAQ: MNDY) and reminds investors of the May 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm ha

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 74 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2026-INV3 (SEMT 2026-INV3). The transaction consists of 1,275 mortgages with an aggregate principal balance of $507.1 million as of the May 1, 2026 cut-off date. The collateral is characterized by a weighted average (WA) original credit score of 768 and moderate borrower equity, with a WA original LTV and WA original CLTV of 70.9%. KBRA’s rating approach in

NEW YORK--(BUSINESS WIRE)---- $CWH #CWH--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Camping World Holdings, Inc. (“Camping World” or the “Company”) (NYSE: CWH) and reminds investors of the May 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia

NEW YORK & AUSTIN--(BUSINESS WIRE)--Affiliates of Cantor Fitzgerald Asset Management (“CFAM”), the investment and asset management division of Cantor Fitzgerald, a leading global financial services and real estate services holding group, and RPM Living, one of the nation’s premier multifamily property management and investment companies, today announced the acquisition of Biscayne Shores from Integra Investments through a joint venture. Biscayne Shores is a newly constructed, luxury waterfront

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--As widely reported and stated by several of the company’s investors, creditors will likely be taking control of Medallia, Inc. following several years of performance headwinds and the sponsor’s decision not to provide additional equity. Although this represents one of the larger term loans in the direct lending market—at nearly $3 billion—we conclude that KBRA-rated vehicles with exposure, as well as the broader direct lending market, are well positioned to absorb any

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Walton Global, a leading real estate investment, land banking and land asset management company, announces it has surpassed the significant milestone of $3 billion distributed to investors. Walton has a strong history of respecting and honoring their investment partners. Walton has consistently delivered for its investment partners, with a clear acceleration in performance: over the company’s 47-year history, the first $1 billion was distributed over 33 years

PONTIAC, Mich.--(BUSINESS WIRE)-- #UWMC--UWMC (NYSE: UWMC) announced that Mat Ishbia, as controlling owner of SFS Holdings Corp., has terminated its Rule 10b5-1 trading plan. The trading plan was part of strategy implemented in 2025 in response to investor feedback requesting increased public float and trading liquidity. With the 10b5-1 plans having successfully increased liquidity of the stock such that average daily volume is now over 16 million shares and having increased float by over 135 million s

ROCKVILLE, Md.--(BUSINESS WIRE)--Cartridge Technologies announces the acquisition of Data Conversion Laboratory, a provider of structured data and content transformation services.

MIAMI--(BUSINESS WIRE)--Visa (NYSE: V) today announced a major step forward in how consumers verify their identity in the digital era, with the first-ever deployment of its Tap to Confirm and Tap to Activate technology for issuing banks. Launched in collaboration with fintech partner Keyno and Fidelity Bank (Bahamas) Limited, this innovation represents a paradigm shift in how consumers prove who they are to their financial institutions — turning the physical Visa card into a trusted identity cr

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of ALPS Property & Casualty Insurance Company (ALPS) (Missoula, MT) remain unchanged following the May 6, 2026, announcement that ALPS has entered into a definitive agreement to acquire the Ohio Bar Liability Insurance Company (OBLIC), a leading provider of professional liability insurance for attorneys in Ohio. ALPS specializes in providing

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of Ohio Bar Liability Insurance Company (OBLIC) (Columbus, OH) remain unchanged following the announcement that The Ohio State Bar Association (OSBA) and ALPS Property & Casualty Insurance Company (ALPS) have entered into a definitive agreement under which ALPS will acquire OBLIC, a leading provider of professional liability insurance for attorneys in Ohio. OBLIC has a Financial Strength Rating of A (Exc

LOWELL, Mass.--(BUSINESS WIRE)--UKG, a leading global AI platform unifying HR, pay, and workforce management, today introduced UKG® Pro Pay with Workforce AI, delivering high impact, AI-powered payroll capabilities designed to enable organizations detect, analyze, and resolve potential issues in real time — helping to ensure employees, especially those in frontline and hourly roles, are paid accurately and on time. Pro Pay with Workforce AI utilizes agentic, assistive, and generative AI, along

NEW YORK--(BUSINESS WIRE)--Globally, over 90% of sustainability leaders say their companies continue to execute on their sustainability strategies yet fewer believe they are meeting or exceeding expectations than in 2025, according to a new “Sustainable Signals” report by the Morgan Stanley Institute for Sustainable Investing. Nearly half (47%) now see room for improvement on progress — up more than 10 points from the 2025 and 2024 surveys. The survey polled 300 sustainability decision-makers a

RESTON, Va.--(BUSINESS WIRE)--Nacha announced that Trustmi has become a Nacha Preferred Partner for Risk and Fraud Prevention, Fraud Monitoring, and Account Validation. Trustmi's behavioral artificial intelligence platform is built to help detect and stop ACH payments authorized under False Pretenses—including business email compromise, vendor impersonation, and payment redirection—before money moves. By analyzing historical payment data, vendor communications, invoice patterns, and banking det

NEW YORK--(BUSINESS WIRE)--Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Eric Crowley has joined as a Managing Director in the firm’s Global Technology Group. Based in San Francisco, Mr. Crowley will focus on consumer subscription software, consumer technology and ad-tech sectors for the firm. Mr. Crowley brings more than a decade of investment banking and operating experience advising founders, executives, and investors. At GP Bullhound, he led the firm’s Co

CHICAGO--(BUSINESS WIRE)--For about 1 in 7 payments, consumers still pay with cash despite the growing proliferation of digital payment options, according to the 2026 Diary of Consumer Payment Choice (Diary), the annual survey from Federal Reserve Financial Services measuring the evolving role of cash in the U.S. economy. Now in its 10th year, the national survey revealed that U.S. consumer payment use remained largely consistent over the past three years. Cash remained the third-most-used paym

SAN ANTONIO--(BUSINESS WIRE)--The strain of rising prices and pressures unique to military life – frequent moves, costs of living near military installations, and spouse unemployment - are creating pressure points that impact the financial readiness of military families, according to The USAA Educational Foundation’s inaugural State of Personal Finance in the Military Community Report. The report, which provides a comprehensive, data-driven view into the factors shaping personal finance for cur

PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens was named to Newsweek’s America’s Most Charitable Companies 2026 list, ranking 15th out of 300 U.S. companies and earning distinction as the highest-ranked New England-based organization. The award, presented in collaboration with Statista, highlights leadership in corporate philanthropy, employee volunteerism, and sustained community investment. “This recognition reflects the depth and consistency of our commitment to the communities we serve,” said

NEW YORK--(BUSINESS WIRE)--Stensul, the Governed Creation™ platform for enterprise marketing teams, today announced the appointment of Manlio Carrelli as Chief Executive Officer, effective immediately. Carrelli succeeds Noah Dinkin, Stensul's founder, who is stepping down from the CEO role after more than a decade leading the company he founded and built into the leading platform for Governed Creation™ for enterprise marketing. Carrelli joins Stensul at a pivotal moment for the enterprise marke