Consumers bring forward Christmas spend to take advantage of sales
The monthly CommBank Household Spending Insights (HSI) Index rose 1.8 per cent in November, driven by consumers bringing forward their holiday shopping to take advantage of heavy discounting during Black Friday and Cyber Monday. Spending rose in nine of the…
Morgan Stanley Investment Management Raises $1.2Bn for Later-Stage Growth Equity and Credit Investments
Morgan Stanley Investment Management (“MSIM”) announced that it has closed on approximately $1.2 billion of total equity capital commitments for North Haven Expansion Equity IX and North Haven Expansion Credit II to fund later-stage growth equity and credit investments in…
Morgan Stanley’s Sustainable Solutions Collaborative Announces Third Cohort of Innovators
The Morgan Stanley Institute for Sustainable Investing (the Institute) announced the third cohort of its Sustainable Solutions Collaborative (the Collaborative). Launched in 2020, the Collaborative aims to identify breakthrough innovations that address complex global sustainability issues. The third cohort will participate in…
Digital Realty and Blackstone Announce $7 Billion Hyperscale Data Center Development Joint Venture
Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, and Blackstone Inc. (NYSE: BX) announced today that Blackstone-affiliated funds led by Infrastructure, Real Estate and Tactical Opportunities have agreed to establish…
SoftBank Corp. Invests in Cubic Telecom to Pioneerthe Future of Software-Defined Connected Vehiclesand IoT Assets Globally
SoftBank Corp. (TOKYO: 9434, “SoftBank”), a telecommunications and IT operator headquartered in Tokyo, and Cubic Telecom Ltd. (“Cubic Telecom”), a leading global provider of software-defined connected vehicle*1 solutions headquartered in Dublin, today announced they signed a definitive agreement whereby SoftBank will…
Mastercard and Consumers International partner to accelerate equitable global consumer protection and empowerment in the digital economy
Yesterday, at Consumers International’s Global Congress in Nairobi, held once every four years to bring together consumer advocates and marketplace leaders, the Mastercard Center for Inclusive Growth (The Center) and Consumers International announced a new partnership to progress a comprehensive…
Schwab Investing Themes™ Puts the Power of Personalized Investing in the Hands of Individual Investors
Charles Schwab today announced the broad availability of Schwab Investing Themes™, a comprehensive thematic investing solution that enables investors to easily research, customize, and invest in more than 40 thematic areas based on their personal passions and interests. Each theme…
The New Reality for Financial Professionals
Allianz Life study finds large majority of Americans believe working with a financial professional would be beneficial, yet most do not do so. How can financial professionals close the gap? Even as American consumers navigate a new retirement reality characterized by…
UnitedHealthcare Community Plan of Arizona Selected To Continue Serving Arizona Long Term Care System (ALTCS) Elderly/Physical Disability (EPD) Members
Arizona Health Care Cost Containment System (AHCCCS), the state’s Medicaid agency, has announced its intention to award UnitedHealthcare Community Plan of Arizona as one of two organizations to administer its Arizona Long Term Care System (ALTCS) EPD program for individuals…
Texas A&M University-Mays Business School and Humana Announce Seventh Annual Healthcare Analytics Case Competition Winners
Mays Business Schoolopens new window at Texas A&M University and leading health and well-being company Humana Inc.opens new window (NYSE: HUM) have announced the winners of the 2023 Humana-Mays Healthcare Analytics Case Competitionopens new window, which gives students the opportunity to showcase their analytical…
Humana Foundation Awards Health Equity Research Grants Equal to $1 Million to Three University Partners
The Humana Foundation, the philanthropic arm of Humana Inc.opens new window (NYSE: HUM) for the past 41 years, announced the recipients of its first-ever research grants in service of the Foundation’s health equity strategy. Awards of $250,000 each were presented to the…
Chubb and NetSPI Launch Cyber Protection Partnership
Chubb, the world’s largest publicly traded property & casualty insurance company, has announced an innovative collaboration with NetSPI, a global leader in proactive security, to strengthen clients’ cyber-risk profile via enhanced attack surface management and penetration testing solutions. Chubb policyholders in the…