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New research from Edelman Financial Engines explores “What Money Means”
BOSTON--(BUSINESS WIRE)--Americans are reimagining what retirement looks like, eschewing the tired stereotypes found in pop culture, according to a recent study by Edelman Financial Engines (EFE). The firm examined the key issues at the intersection of life and money, finding that Americans are envisioning their later years as a launchpad for adventure, active living, and passion projects rather than a time to slow down. Nearly half of 2,000 survey participants want a retirement that looks diff...
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Peridio Bridges the “Infrastructure Gap” in Physical AI with Avocado OS; Delivers Standardized Operations for NVIDIA Jetson
NASHVILLE, Tenn.--(BUSINESS WIRE)--Peridio, creator of Avocado OS, today announced a strategic expansion of its mission to help hardware teams scale Physical AI systems from prototype to production at software speed. Leveraging its designation as a Solution Advisor in Embedded Compute within the NVIDIA Partner Network (NPN), Peridio is delivering a unified infrastructure layer designed to standardize deployments on NVIDIA Jetson. The technology sector is undergoing a decisive shift as AI moves...
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Kite Lake Capital Management (UK) LLP UK Regulatory Announcement: Form 8.3
LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Kite Lake Capital Management (UK) LLP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries...
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Insurers Adopt GCCs to Address AI Needs, Strengthen Operations
STAMFORD, Conn.--(BUSINESS WIRE)--Insurance enterprises are establishing global capability centers that can attract AI resources and expand capabilities amid market changes, ISG says....
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Bregal Milestone Announces Majority Growth Investment in Beyond Now
LONDON--(BUSINESS WIRE)--Bregal Milestone, a leading European software growth private equity firm, today announced a majority growth investment in Beyond Now (the “Company”), a fast-growing, cloud-native supply chain software provider for AI-enabled digital commerce. Driven by strong customer demand, Beyond Now has generated profitable growth and >40% last twelve-month ARR growth. Beyond Now supports some of the world’s largest and most innovative Communication Service Providers (CSPs), incl...
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Toby Z. Rice Personally Leads Strategic Investment Round in Orbital Biocarbon to Scale Critical Utility Infrastructure
PITTSBURGH--(BUSINESS WIRE)--Orbital Biocarbon (“Orbital”), an operator-led infrastructure company building sewage-sludge disposal facilities serving wastewater utilities, announced today the closing of a strategic investment round that includes a personal investment from Toby Z. Rice, a champion of industry. As a strategic long-term shareholder, Toby Z. Rice brings the perspective of an operator who has built large-scale energy and waste-to-value infrastructure platforms, underscoring the sign...
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Financial Plus Credit Union Wins “Most Effective Technology Implementation” Innovator Award for Transformative MANTL Partnership
PLANO, Texas--(BUSINESS WIRE)--MANTL, an Alkami solution team and leading provider of loan and deposit account opening technology, today announced that Financial Plus Credit Union (Financial Plus) has been named the winner of the Future Branches Innovator Award for “Most Effective Technology Implementation.” The recognition celebrates the credit union’s transformative implementation of MANTL’s omnichannel account opening platform, which has dramatically improved member experience, increased ope...
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Sand Grove Capital Management LLP UK Regulatory Announcement: Form 8.3
LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Sand Grove Capital Management LLP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must...
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L3Harris to Produce Additional Solid Rocket Motors for Precision-Guided Artillery System
MELBOURNE, Fla.--(BUSINESS WIRE)--L3Harris Technologies (NYSE: LHX) has been awarded a follow-on production contract valued up to $200 million to manufacture Guided Multiple Launch Rocket System (GMLRS) Insensitive Munition (IM) propulsion units. The GMLRS IM contract will be the first order processed through L3Harris’ newly constructed facility in Camden, Arkansas, which was funded through the Defense Production Act Title III cooperative agreement and enables annual production capacity to incr...
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CITEL Inc. Announces Relocation of North American Operations to Hillsborough, NC: 79 Total Jobs and $15.25 Million Capital Investment
MIRAMAR, Fla.--(BUSINESS WIRE)--CITEL, a global expert in surge protection, proudly announces the relocation of its US headquarters to Hillsborough, NC....