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Automated Bike Lane Enforcement Begins in Santa Monica
SAN FRANCISCO--(BUSINESS WIRE)--Beginning May 1, 2026, the City of Santa Monica will begin automated enforcement of vehicles parked illegally in bike lanes in Santa Monica, marking the official launch of its Automated Bike Lane Enforcement program with Hayden AI. Santa Monica is the first city in California to enforce bike lanes with camera technology mounted on parking enforcement vehicles. Vehicles stopped or parked illegally in bike lanes force cyclists into active traffic lanes, increasing...
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Marathon Asset Management Ltd UK Regulatory Announcement: Form 8.3 - Amendment
LONDON--(BUSINESS WIRE)-- Ap27 FORM 8.3 IRISH TAKEOVER PANEL OPENING POSITION DISCLOSURE/DEALING DISCLOSURE UNDER RULE 8.3 OF THE IRISH TAKEOVER PANEL ACT, 1997, TAKEOVER RULES, 2022 BY PERSONS WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE 1. KEY INFORMATION (a) Full name of discloser Marathon Asset Management Limited (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...
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Bank of New York Mellon UK Regulatory Announcement: FRN Variable Rate Fix
LONDON--(BUSINESS WIRE)-- As Agent Bank, please be advised of the following rate determined on: 4/30/2026 Issue ¦ Standard Chartered Bank Series - 293 USD 95,000,000 FRN Due in November 2029 ISIN Number ¦ XS2933524881 ISIN Reference ¦ 293352488 Issue Nomin USD ¦ 95000000 Period ¦ 2/9/2026 to 5/7/2026 Payment Date 5/7/2026 Number of Days ¦ 87 Rate ¦ 4.51718 Denomination USD ¦ 1000 ¦ 95000000 ¦ Amount Payable per Denomination ¦ 10.92 ¦ 1037400 ¦ Bank of New York R...
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Davis Polk Launches in Los Angeles, Welcomes Leading Litigator Jason Russell
NEW YORK--(BUSINESS WIRE)--Davis Polk today announced that the firm will open an office in Los Angeles. The office will be led by leading litigator Jason Russell....
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Bank of New York Mellon UK Regulatory Announcement: FRN Variable Rate Fix
LONDON--(BUSINESS WIRE)-- As Agent Bank, please be advised of the following rate determined on: 5/1/2026 Issue ¦ National Grid Gas plc - Series 50 GBP 50,000,000 Index Linked FRN due 1 May 2037 ISIN Number ¦ XS0289189093 ISIN Reference ¦ 28918909 Issue Nomin GBP ¦ 50000000 Period ¦ 5/1/2026 to 11/1/2026 Payment Date 11/2/2026 Number of Days ¦ 184 Rate ¦ 3.92291 Denomination GBP ¦ 50000 ¦ 50000000 ¦ Amount Payable per Denomination ¦ 980.73 ¦ 980727.5 ¦ Bank of New Yo...
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Former Miami Mayor Francis Suarez Joins Stephen M. Ross and Ken Griffin in Backing “Ambition Accelerated” Campaign as It Expands National Push at Formula 1 Miami
THE GOLD COAST, Fla.--(BUSINESS WIRE)--The Florida Council of 100 and its Foundation announced today that Francis Suarez, the two-term former mayor of Miami, has joined their “Ambition Accelerated” campaign as a Senior Advisor. Seeded with $10 million from Related Ross CEO and Chairman Stephen M. Ross and Citadel Founder and CEO Ken Griffin, the nationwide campaign targets CEOs, founders and investors weighing where to build and scale and makes the case that Florida’s Gold Coast has the right c...
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KBRA Releases Research – CMBS Loan Performance Trends: April 2026
NEW YORK--(BUSINESS WIRE)--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the April 2026 servicer reporting period. The 30+ day delinquency rate among KBRA-rated U.S. private label commercial mortgage-backed securities (CMBS) decreased 15 basis points (bps) to 7.6% in April from 7.7% in March, while the distress rate (reflecting delinquent plus current-but-specially-serviced loans) declined 8 bps. The multifamily sector’s distress...
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Bank of New York Mellon UK Regulatory Announcement: FRN Variable Rate Fix
LONDON--(BUSINESS WIRE)-- As Agent Bank, please be advised of the following rate determined on: 5/1/2026 Issue ¦ National Grid Gas plc - Series 51 GBP 65,000,000 Index Linked Due 1 May 2037 ISIN Number ¦ XS0287794456 ISIN Reference ¦ 28779445 Issue Nomin GBP ¦ 65000000 Period ¦ 5/1/2026 to 11/1/2026 Payment Date 11/2/2026 Number of Days ¦ 184 Rate ¦ 3.98156 Denomination GBP ¦ 50000 ¦ 65000000 ¦ Amount Payable per Denomination ¦ 995.39 ¦ 1294007 ¦ Bank of New York ...
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CBL Properties Announces New $97.5 Million Loan Secured by Fayette Mall in Lexington, KY
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) announced today that it has completed the refinancing of Fayette Mall, a dominant super-regional enclosed mall located in Lexington, Kentucky. The financing replaces the existing $98.6 million loan with a new $97.5 million, five‑year non-recourse CMBS loan with a fixed interest rate of approximately 7.25%. The new loan’s more favorable amortization structure results in approximately $5.0 million in additional cash flow to CBL. “This...
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Prosperity Capital Advisors Unveils Unified Vision to Deliver the Highest Caliber Wealth Management Experience for Clients
WESTLAKE, Ohio--(BUSINESS WIRE)--Prosperity Capital Advisors unveils unified entity, bringing five firms together under the Prosperity brand, building a destination advisory firm....