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OLDWICK, N.J.--(BUSINESS WIRE)--The U.S. life/annuity industry posted a 34% year-over-year increase in net income to nearly $40 billion in 2025, the largest total in the last five years, according to AM Best. These preliminary results are detailed in a new Best’s Special Report, titled, “First Look: 2025 Life/Annuity Financial Results,” and the data is derived from companies’ annual statutory statements received as of March 19, representing an estimated 93% of the total life/annuity industry’s...

ARLINGTON, Va.--(BUSINESS WIRE)--AeroVironment, Inc. (“AV”) (NASDAQ: AVAV), a global leader in autonomous systems and intelligence services, today announced its selection by the United States Navy to provide Contractor-Owned, Contractor-Operated (COCO) Intelligence, Surveillance and Reconnaissance (ISR) services in support of critical naval operations. Under the Navy’s recently announced initiative to expand and modernize ISR capabilities, AV will compete for delivery orders alongside other sel...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Ratings to “a-” (Excellent) from “bbb+” (Good) of Grange Insurance Association and its fully reinsured subsidiary, Granwest Property & Casualty, collectively referred to as Grange Insurance Group (Grange). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. Both companies are domiciled in Seattle, WA. The rat...

INCHEON, South Korea--(BUSINESS WIRE)--Samsung Biologics appealed a labor ruling on contract worker discrimination over holiday gifts, raising new human rights and ESG concerns....

MIAMI--(BUSINESS WIRE)--A OpenFX, empresa de infraestrutura financeira focada em transferências internacionais, anunciou nesta terça-feira o fechamento de uma rodada Série A de US$ 94 milhões. A operação foi liderada por Accel, Atomico, Lightspeed Faction, M13, Northzone e Pantera. Fundada em 2024 por Prabhakar Reddy, cofundador da FalconX, a empresa conecta o sistema bancário tradicional à infraestrutura digital usando stablecoins como mecanismo de liquidação, o que permite conversões de moeda...

MIAMI--(BUSINESS WIRE)--OpenFX, la empresa de infraestructura financiera que está rediseñando cómo se mueve el dinero entre países, anunció este martes que cerró una ronda de financiamiento Serie A por 94 millones de dólares. La operación fue liderada por Accel, Atomico, Lightspeed Faction, M13, Northzone y Pantera. La compañía fue fundada en 2024 por Prabhakar Reddy, cofundador de FalconX, con una premisa concreta: conectar la banca tradicional con la infraestructura digital mediante stablecoi...

ATLANTA--(BUSINESS WIRE)--For the sixth year in a row, Great Place To Work® and Fortune magazine recognized PulteGroup (NYSE: PHM) as one of the Fortune 100 Best Companies to Work For®. PulteGroup ranks 67th on the 2026 list of top national employers, reflecting the company’s continued efforts to build a culture where all employees feel welcome, respected, and empowered. “Our vision is to be considered the most respected homebuilder in America,” said Ryan Marshall, PulteGroup President and Chie...

米マサチューセッツ州ウォルサム--(BUSINESS WIRE)--（ビジネスワイヤ） -- ネットクラッカー・テクノロジーは、日本全土で4Gおよび5Gネットワークを展開する楽天モバイルと、AI対応でクラウドネイティブなNetcracker Digital BSSプラットフォームおよびプロフェッショナルサービス/マネージドサービスに関する大規模なパートナーシップをさらに拡大することを発表しました。 ネットクラッカーと楽天モバイルのパートナーシップは、楽天モバイルの迅速な拡張を実現する上で重要な役割を果たしています。ネットクラッカーは、急速な成長とサービス革新を支えるデジタルかつクラウドネイティブなBSS基盤を提供しています。自動化、そしてパーソナライズされた顧客体験を実現し、楽天ポイントプログラムを含む楽天の幅広いエコシステムと緊密に連携することで、ネットクラッカーのソリューションは、楽天モバイルの顧客体験を劇的に向上させつつ、運用の簡素化や新サービスの迅速な展開にも役立っています。 今回のパートナーシップの延長は、楽天モバイルが2019年に日本市場に革新的な通信事業者として参入して...

NEW YORK--(BUSINESS WIRE)--Saba Capital Income & Opportunities Fund (NYSE: BRW) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, declared a monthly dividend of $0.085 per share on March 31, 2026, payable on April 30, 2026 to shareholders of record as of April 13, 2026. Managed Distribution Plan. The above distribution was declared in accordance with the Fund’s currently effective managed distribution plan (the “Plan”), whereby the Fu...

NEW YORK--(BUSINESS WIRE)--Morgan Stanley China A Share Fund, Inc. (NYSE: CAF) (the “Fund”) announced today that the Fund’s tender offer for up to 3,363,566 of its issued and outstanding shares of common stock, representing approximately 20 percent of the Fund’s outstanding shares, expired at 5:00 p.m., Eastern time on March 31, 2026. Based upon current information, approximately 14,428,072 shares were tendered. Based on this preliminary information, the pro-ration for each tendering stockholde...