Amplix, a portfolio company of Gemspring Capital, has acquired One Connect, a St. Petersburg, Florida-based technology sourcing and procurement firm. No financial terms were disclosed.
Iran’s president and central bank chief told Supreme Leader Ayatollah Mojtaba Khamenei the economy was on the ropes due to the U.S. naval blockade, according to a report. As the regime weighed whether to sign the memorandum of understanding to reopen the Strait of Hormuz and extend the ceasefire, officials were split among pragmatists favoring…
Money market funds (MMFs) have long been the bedrock of short-term liquidity management. They bridge the gap between bank deposits and direct instruments, offering security, diversification, and rapid access to cash. Yet, ever since the pandemic-induced dash for cash and the 2022 gilt market crisis, the shadow of regulatory overhaul has loomed heavily over the…
Charles Littlejohn, the former Internal Revenue Service contractor who leaked tax information about President Donald Trump and thousands of other wealthy Americans, lost an appeal of his five-year prison sentence. Processing Content The U.S. Court of Appeals for the D.C. Circuit denied Littlejohn’s arguments, which included that U.S. District Judge Ana Reyes had predetermined her…
There were 728 new ETFs listed in the U.S. in the first half of 2026, and CFRA has identified five of them as notable launches (see Table 1). We screened the new launches and identified those that have rapidly gathered assets or innovated in growing ETF categories. These products are representative of the rapid and…
LOS ANGELES, CALIFORNIA – JULY 09: L-R) Ted Sarandos, Co-CEO, Netflix, Will Ferrell and Molly Shannon attend the Los Angeles premiere of Netflix’s “The Hawk” . (Photo by Frazer Harrison/WireImage) WireImage Before Thursday’s call, I set out three tests for Netflix’s second quarter: what happened to viewing hours, whether management would argue that raw hours…
A Betterment client is suing the firm, alleging advisors moved clients’ excess cash into sweep accounts at banks that didn’t generate any interest, leaving investors having “lost significant interest they would have otherwise earned.” New Jersey resident Michael Treadway filed the class action lawsuit in New York federal court, alleging he was a Betterment client…