WILMINGTON, Del., July 27, 2022 /PRNewswire/ — YorkTest has secured investment in its food sensitivity testing business as part of a $11 million investment by Private Equity backers, NVM. Richard Dawson, CEO at YorkTest. YorkTest is a leading health and wellness company with over 40 years of expertise in the provision of […]
Investment
Mayor Adams Announces $1.5 Million Investment in NYC Small Business Resource Network
July 26, 2022 Building on Mayor’s Blueprint for Economic Recovery, New Funding Will Extend Program Providing Personal Assistance and Resources Through 2023 Program Has Already Connected More Than 10,000 Small Businesses With Grants, Loans, and Marketing Tools NEW YORK – New York City Mayor Eric Adams today announced a $1.5 […]
Credit Suisse names new CEO to overhaul investment bank as losses mount
The Swiss bank has dubbed 2022 a “transition” year with a change of guard, restructuring aimed at curtailing risk-taking in investment banking, and bulking up of wealth management, while batting away speculation that it could be acquired or broken up. A new strategic review announced on Wednesday, the bank’s second […]
Federated Hermes, Inc. agrees to acquire the $3.63 billion investment advisory business of C.W. Henderson, a specialist in municipal-bond separately managed accounts
Entire team to join Federated Hermes and continue managing portfolios PITTSBURGH, July 18, 2022 /PRNewswire/ — Federated Hermes, Inc. (NYSE: FHI), a global leader in active, responsible investing, reached a definitive agreement to acquire substantially all of the assets of C.W. Henderson and Associates, Inc., a Chicago-based registered investment advisor […]
Celsius Network was a ‘Ponzi scheme,’ company’s former investment manager alleges in lawsuit
Beleaguered crypto lender Celsius Network operated as a classic “Ponzi scheme,” the former head of the company’s key investment strategy alleged in a lawsuit, claiming the company used customer deposits to cover huge liabilities caused by reckless mismanagement. Jason Stone, whose company KeyFi partnered with Celsius to run its decentralized […]
Why ESG is a Business Investment
By Emmeline De Chazal, ESG specialist at e-learning compliance training firm, Skillcast. ESG has become a catch-all phrase describing a firm’s moral considerations. Demonstrating high standards of ethical conduct in business and a commitment to sustainability and social justice is a trend that is on the up. However, there is […]
Market offers virtually unlimited investment platforms | Business
Stock trading and virtual currency once had the stigma of only being available to the wealthy or those with a vast knowledge of Information Technology (IT). The platforms needed to access either investment had many barriers to entry for consumers. Over time, these entry barriers naturally worked themselves out. Access […]
The Supply Side: Walmart ups private brand investment for home, fashion
Shoppers have never been more open to trying private brands for consumer staples after the supply chain disruption that forced changes in shopping behavior amid the pandemic. Market research firm eMarketer reports that consumer attitudes about private brands have done an about-face in the past few years. The eMarketer survey […]
Governor Hochul Announces Corning Incorporated’s $139 Million Investment to Grow Operations in Monroe County
Headquartered in Corning, New York, the company is a large employer in New York with more than 7,000 employees across the state and approximately 62,000 worldwide. Empire State Development is assisting Corning with the planned expansion by providing up to $5 million in performance-based Excelsior Jobs Tax Credits in exchange […]
Why ETFs are a good investment value
VettaFi head of research Todd Rosenbluth discusses if the Fed has a grip on inflation and can avoid recession on ‘The Claman Countdown.’ Exchange-traded funds, or ETFs, can be a good way to diversify your portfolio and can be cost-effective. “ETFs are generally less costly and easier to access for […]