Business Daily News
By Business Daily | Oct 22, 2024
Morgan Stanley Investment Management has successfully closed its North Haven Tactical Value II Fund LP and affiliated funds, raising approximately $2 billion in committed capital. This marks a nearly 50 percent increase over the predecessor fund, NHTV I. The new fund aims to offer credit, hybrid, and non-control equity investments in high-quality companies across various sectors and geographies. It attracts both institutional investors and qualified individual investors.
By Business Daily | Oct 22, 2024
Today, the U.S. Small Business Administration (SBA) and the Department of Defense (DoD) marked a year of progress for the Small Business Investment Company Critical Technology Initiative (SBICCT). This initiative, a collaboration between the SBA and DoD, aims to increase private investment in technologies vital to national security and economic growth.
By Business Daily | Oct 21, 2024
Morgan Stanley has released the findings of its 2024 Retirement Plan Survey, highlighting changing attitudes and strategies among 401(k) plan sponsors. The survey reflects a growing reliance on consultants to navigate the complexities of retirement planning.
By Business Daily | Oct 21, 2024
Morgan Stanley has announced the schedule for its quarterly investor conference calls to discuss financial results for the fourth quarter and full-year 2024, as well as the first three quarters of 2025.
By Business Daily | Oct 18, 2024
The U.S. Small Business Administration (SBA) commenced its third annual Small Business Cyber Summit on October 16, 2024, in Washington. The event aims to provide small business owners with free educational webinars and resources to enhance their cybersecurity infrastructure. These sessions are part of the Biden-Harris Administration's efforts to promote digital tools for economic growth while reinforcing national cybersecurity.
By Business Daily | Oct 17, 2024
Elmhurst, IL — Enclave, a leading suburban coworking space organization, is thrilled to announce a FREE co-working day on October 18th at its new location at 100 N. Addison Ave., which opened this August. As the workweek wraps up, Fridays have become a prime time for productivity—especially for those looking to escape the hustle and bustle of downtown.
By Business Daily | Oct 17, 2024
Morgan Stanley Wealth Management has released the findings of its latest quarterly retail investor pulse survey, highlighting a cautious optimism among investors despite short-term market volatility. The survey reveals that while 59% of investors remain bullish, this figure has decreased by two percentage points from the previous quarter due to concerns over the US election and geopolitical tensions.
By Business Daily | Oct 17, 2024
Litmus Music has announced a creative partnership with Randy Newman, acquiring his share of recorded music and publishing rights. The deal covers Newman's work on Disney film franchises such as Toy Story, Cars, Monsters Inc., and The Princess and the Frog. It also includes his hits from the 1970s and 1980s like "I Love L.A." and "Mama Told Me Not To Come."
By Business Daily | Oct 17, 2024
Morgan Stanley has announced that its Portfolio Risk Platform has been recognized by Datos Insights as a winner of the 2024 Digital Wealth Management Impact Innovation award for Advisor Enablement. This award highlights excellence and innovation in enabling wealth managers to better serve their clients.
By Business Daily | Oct 16, 2024
Morgan Stanley is set to discuss its third-quarter results for 2024 in a conference call scheduled for October 16, 2024, at 8:30 a.m. Eastern Time. The financial institution has made provisions for both live and on-demand versions of the webcast, which will be accessible through its website in the Investor Relations section.
By Business Daily | Oct 15, 2024
The U.S. Small Business Administration (SBA) has announced the depletion of funds for its disaster loan program, following a surge in demand due to Hurricane Helene. As a result, the SBA will pause new loan offers until Congress allocates additional funds. Despite this pause, individuals and small businesses are encouraged to continue applying for loans. Congressional leaders have assured that more funding will be provided when Congress reconvenes in November.
By Business Daily | Oct 15, 2024
The Goldman Sachs Group, Inc. has released its financial results for the third quarter of 2024, reporting net revenues of $12.70 billion and net earnings of $2.99 billion.
By Business Daily | Oct 11, 2024
Jamie Contreras, a new Dental Associate at Babylon Dental Care, emphasized the importance of finding a workplace that aligns with her values for her career.
By Business Daily | Oct 11, 2024
The Goldman Sachs Group, Inc. has announced dividends on several series of its non-cumulative preferred stock.
By Business Daily | Oct 11, 2024
San Diego residents suffering from chronic sinus disease and nasal obstruction now have a specialized treatment option that emphasizes quick access and minimally invasive care. Dr. Paul Schalch Lepe, a leading otolaryngologist serving the area, has developed a patient-focused practice model that prioritizes fast appointments and effective, office-based treatments for sinus and upper airway issues.
By Business Daily | Oct 10, 2024
First-half economic and underwriting results for the U.S. property/casualty (P/C) industry have surpassed expectations, according to a new report from the Insurance Information Institute (Triple-I) and Milliman. The report, titled "Insurance Economics and Underwriting Projections: A Forward View," highlights an improvement in the net combined ratio (NCR), which stands at 99.4—a 2.3-point enhancement compared to last year.
By Business Daily | Oct 9, 2024
The Carlyle Group Inc. has announced it will release its financial results for the third quarter of 2024 on November 7. A conference call is scheduled for the same day at 8:30 a.m. EST, which will be accessible via a public webcast on the Events & Presentations section of ir.carlyle.com. The webcast replay will be available following the call.
By Business Daily | Oct 8, 2024
Financial security plays a crucial role for victims of domestic violence when considering leaving an abusive relationship, according to the Insurance Information Institute (Triple-I). The organization highlights insurance as a vital component of financial planning that can aid survivors in moving forward.
By Business Daily | Oct 7, 2024
Florida residents are urged to complete preparations as Hurricane Milton approaches the state's west-central Gulf Coast. The Insurance Information Institute (Triple-I) reports that the hurricane, now a Category 5 storm with sustained winds of 160 mph, is expected to make landfall on Wednesday, October 9.
By Business Daily | Oct 7, 2024
The Goldman Sachs Group, Inc. has announced the appointment of Melissa Goldman as Partner and Global Head of Technology Engineering for Global Banking & Markets (GBM).