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Banking & Financial Services
Carlyle invests $250 million into Norwegian brand house Jordanes

By Business Daily | Jan 6, 2025

Global investment firm Carlyle has announced a strategic capital package of NOK 2,750 million ($250 million) for Jordanes ASA, a leading brand house in Norway.
Banking & Financial Services
E*TRADE releases monthly sector rotation study analyzing S&P 500 stock behavior

By Business Daily | Jan 6, 2025

E*TRADE from Morgan Stanley has published the results of its monthly sector rotation study.
Banking & Financial Services
Yaamava’ Resort and Aurelia join AAA's prestigious Five Diamonds list

By A. I. Benavidez | Dec 30, 2024

The AAA Diamond Program has expanded its Five Diamonds list with the addition of two new properties: Yaamava’ Resort and Casino at San Manuel in Highland, California, and Aurelia at Castle Hill in Newport, Rhode Island.
Banking & Financial Services
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.
Banking & Financial Services
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.
Banking & Financial Services
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.
Banking & Financial Services
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.
Banking & Financial Services
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.
Banking & Financial Services
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.
Banking & Financial Services
Gas prices remain steady as decline stalls near $3 mark

By A. A. Sanchez | Dec 12, 2024

Going nowhere fast is an apt description of the national average for a gallon of gas, which shed less than a penny since last week to reach $3.02.
Banking & Financial Services
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.
Banking & Financial Services
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.
Banking & Financial Services
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).
Banking & Financial Services
Record-breaking holiday travel predicted by AAA for end-of-year period

By A. A. Sanchez | Dec 11, 2024

AAA anticipates a record number of holiday travelers this year, with 119.3 million people expected to travel 50 miles or more from home between December 21 and January 1.
Banking & Financial Services
Carlyle sells digital employee experience firm 1E to TeamViewer for $720 million

By Business Daily | Dec 10, 2024

Global investment firm Carlyle has reached an agreement to sell 1E, a company specializing in Digital Employee Experience (DEX) software solutions, to TeamViewer SE.
Banking & Financial Services
AAA and NAPA Autotech introduce new mentorship program for aspiring auto technicians

By A. A. Sanchez | Dec 10, 2024

AAA and NAPA Autotech have launched a new automotive apprenticeship program to develop future professionals in the auto repair industry.
Banking & Financial Services
Morgan Stanley Capital Partners acquires healthcare service provider Prescott's

By Business Daily | Dec 10, 2024

Investment funds managed by Morgan Stanley Capital Partners (MSCP) have announced an agreement to acquire Prescott’s, a company specializing in healthcare-focused outsourced clinical engineering services.
Banking & Financial Services
Carlyle acquires majority stake in Waste Services Group from Livingbridge

By Business Daily | Dec 9, 2024

Global investment firm Carlyle has announced an agreement to acquire a majority stake in Waste Services Group (WSG), a waste management business in Australia, from Livingbridge.
Banking & Financial Services
AAA report highlights prevalent risky driving behaviors contributing to road fatalities

By A. I. Benavidez | Dec 5, 2024

In 2023, traffic crashes claimed nearly 41,000 lives in the United States, underscoring the persistent public health crisis on the nation's roads.
Banking & Financial Services
Gas prices near three-year low as national average drops to $3.03

By A. I. Benavidez | Dec 5, 2024

Gas prices in the United States are approaching a three-year low, with the national average for a gallon of gas dropping to $3.03.

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