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Commercial property insurance shows signs of recovery amid challenges

By Business Daily | Dec 19, 2024

Despite facing challenges from climate risk and inflation, the U.S. commercial property insurance sector is showing signs of improvement, according to a new brief by the Insurance Information Institute (Triple-I), affiliated with The Institutes.

SBA announces new fund competition targeting underserved entrepreneurs

By Business Daily | Dec 19, 2024

The U.S. Small Business Administration (SBA) has announced the upcoming launch of the 2025 Growth Accelerator Fund Competition (GAFC).

Gas prices rise slightly as holiday travel increases

By Business Daily | Dec 19, 2024

After several weeks of declining, the national average for a gallon of gasoline has increased by two cents, reaching $3.04.

Insurance Information Institute urges winter preparedness

By Business Daily | Dec 18, 2024

With the official start of winter on December 21, the Insurance Information Institute (Triple-I) is advising homeowners, renters, and drivers across the United States to prepare for snow, ice, and cold temperatures.

Amazon announces veteran software engineer role in Chicago

By Business Daily | Dec 18, 2024

Amazon has announced a new software development engineer position with AWS Utility Computing in Chicago, Illinois.

Morgan Stanley partners with Brightview Senior Living in new acquisition

By Business Daily | Dec 18, 2024

Morgan Stanley Investment Management has announced a partnership with Brightview Senior Living to acquire eight senior housing communities.

Amazon announces site procurement manager role in Hebron

By Business Daily | Dec 18, 2024

Amazon has announced a new site procurement manager position in Hebron, Kentucky, for its fulfillment center team.

Hamilton County expands affordable housing fund with $2 million investment

By Business Daily | Dec 17, 2024

Hamilton County Commissioners have approved a $2 million increase in their affordable housing investment, bringing the total to nearly $50 million.

Anti-Defamation League celebrates 30th anniversary of In Concert Against Hate

By Business Daily | Dec 17, 2024

The Anti-Defamation League (ADL) marked the 30th anniversary of its "In Concert Against Hate" event with appearances by notable figures such as Ben Stiller and Sia, alongside changemakers Damien Patton and Scooter Braun.

ADL’s 30th anniversary "In Concert Against Hate" honors heroes and draws notable attendees

By Business Daily | Dec 16, 2024

On Nov. 18, the Anti-Defamation League (ADL) marked its 30th annual "In Concert Against Hate" at the Kennedy Center. The event celebrated individuals and organizations standing up against antisemitism, extremism, and hate, underscoring the importance of unity and resilience in the face of ongoing challenges.

Carlyle sells aerospace supplier Forgital Group to Stonepeak

By Business Daily | Dec 16, 2024

Global investment firm Carlyle has announced an agreement to sell Forgital Group, a provider of advanced aerospace and industrial forged products, to Stonepeak.

Amazon announces launch of advanced MK30 drone for delivery

By Business Daily | Dec 16, 2024

Amazon has announced the launch of its MK30 delivery drone, which has undergone safety and regulatory testing.

Amazon announces use of predictive meteorology for winter weather safety

By Business Daily | Dec 16, 2024

Amazon has announced the implementation of predictive meteorology to aid employees and partners in making informed decisions during winter weather.

Amazon announces holiday packaging recycling initiatives

By Business Daily | Dec 16, 2024

Amazon has announced several initiatives aimed at reducing, reusing, and recycling packaging during the holiday season.

Morgan Stanley sells stake in Höegh Evi to Igneo Infrastructure Partners

By Business Daily | Dec 13, 2024

Morgan Stanley Investment Management has announced the sale of its 50% ownership stake in Larus Holding Limited, which fully owns Höegh Evi Ltd., to funds managed by Igneo Infrastructure Partners.

Goldman Sachs supports rural entrepreneurship with education investment

By Business Daily | Dec 13, 2024

Goldman Sachs' 10,000 Small Businesses program has graduated 26 small business owners in West Virginia as part of its $100 million investment in rural communities.

Carlyle secures $7.1 billion for third credit opportunities fund

By Business Daily | Dec 12, 2024

Global investment firm Carlyle has announced the final close of its third Carlyle Credit Opportunities Fund (CCOF III), securing $7.1 billion in investable capital.

AlpInvest and Mubadala launch global senior fund financing partnership

By Business Daily | Dec 11, 2024

AlpInvest Partners, a global private equity investor and subsidiary of Carlyle, has announced a new credit co-investment partnership with Mubadala Investment Company.

MMG's Matt McHatten appointed chair of Insurance Information Institute

By Business Daily | Dec 11, 2024

Matt McHatten, president and CEO of MMG Insurance, has been elected chair of the Insurance Information Institute's (Triple-I) Executive Leadership Committee (ELC).

SBA launches AI resource hub at inaugural summit in Atlanta

By Business Daily | Dec 11, 2024

On December 10, Administrator Isabel Casillas Guzman of the U.S. Small Business Administration (SBA) hosted the inaugural AI Small Business Summit at Georgia Tech in Atlanta.

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