Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

Cost of Living in the U.S. Grows 4% Year over Year as Consumers Now Spend Nearly $26k Annually on Essential Household Bills

Business Wire
The report found that the average U.S. household spends $25,513 per year, or 34% of income on the ten most essential household bills, and also breaks out the household spending market size for each of these bill categories, percentage of households that pay each bill, and average monthly and annual......

Rooted in Renewal: Primient Commits $700M Investment for Sustainable, Plant-Based Future

Business Wire
As part of the expansion, the company received an Economic Development for a Growing Economy (EDGE) tax credit which provides the company an incentive for job creation in Decatur. Primient, a leader in plant-based food and industrial ingredient production, has announced capital investment exceeding $700 million across the company’s operational......

Calastone Appoints Nick Parsons as Chief Technology Officer

Business Wire
Calastone, on of the largest global funds network, has appointed Nick Parsons as Chief Technology Officer (CTO). As CTO, Nick is responsible for Calastone’s technology operations as well as product strategy and development. Bringing over 30 years’ experience in the IT and asset management industry, Nick is a proven technology......

New FICO Survey: Fraud Protection is #1 Consideration for Majority of Consumers Selecting a New Financial Service Provider

Business Wire
Financial service providers must adopt a robust hybrid-banking model to retain customer trust and ensure easy account openings 69% of consumers rank good fraud protection in their top three considerations when choosing a financial service provider. 65% of customers still find value in the information and services available at brick-and-mortar......

Innovative Construction Payments Software Handle.com Secure Investments from Amex Ventures, Suffolk Technologies

Business Wire
With these investments, Handle is poised to accelerate its mission to modernize construction payments, addressing the longstanding challenges of inefficiency, complexity, and delays in the industry. Handle.com, a leading provider of construction payment and credit solutions, is thrilled to announce investments from different investors: Amex Ventures, along with Suffolk Technologies,......

NEPC Survey Shows “Retirement Crisis” Is Real, But Resolvable

Business Wire
This year’s survey revealed that fees for managed accounts have dropped more than 10% over the past year, due to an increase in lower-cost providers, who are challenging established managed account providers on fees. NEPC, LLC, one of the country’s largest research-driven investment consultants and OCIO providers, today published the......

BlackRock Successfully Prices $3 Billion Offering of Senior Notes

Business Wire
BlackRock, Inc. today successfully priced a $3 billion debt offering consisting of three tranches of senior unsecured notes (collectively, the “Notes”): $500 million aggregate principal amount of 4.70% Notes due 2029 $1 billion aggregate principal amount of 5.00% Notes due 2034 $1.5 billion aggregate principal amount of 5.25% Notes due......

FIS® Announced that Applications are Open for the FIS Fintech Accelerator 2024

Business Wire
Two-week incubation and 12-week intensive program offers a unique opportunity for up to ten handpicked fintech companies to pressure-test and perfect their solutions under expert guidance. Participants benefit from FIS’ unparalleled position in the global financial ecosystem to launch solutions that drive economic vitality. Now in its ninth successful year,......

American Express and American Express Global Business Travel Launch New Integration to Help Streamline Spend Management for Small Businesses

Business Wire
The new American Express and Amex GBT integration provides small and mid-sized businesses with better visibility and control over a range of employee spending including budgeting, purchasing with virtual Cards, booking business travel, and streamlined expense processing. American Express, American Express Global Business Travel What it is: American Express, a......

Morgan Stanley Announces Launch of Private Markets Transaction Desk

Business Wire
Private Markets Transaction Desk supports secondary trading for shareholders of private companies through a company-centric focus with concierge service. Investors gain access to a distinct array of private market opportunities stemming from Morgan Stanley’s ecosystem encompassing Companies, Wealth Management Clients, and Institutional Investors. Morgan Stanley Wealth Management announced today the......
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