KINSTON, N.C. - flyExclusive, an operator of private jet experiences, has expanded its fractional ownership program with the addition of a new Challenger 350 super-midsize aircraft, the company announced today. This jet is the first in what could be a series of up to 20 Challenger 350s incorporated into the fleet over the next two...
DALLAS - Beneficient Company (NASDAQ: BENF), a provider of liquidity solutions for alternative assets, has announced it will finance liquidity transactions for three funds managed by ff Venture Capital. Upon completion, this could potentially increase the collateral for Beneficient\'s loan portfolio by up to $121.5 million, contingent upon full participation from the limited partners involved....
HOUSTON - NOV Inc. (NYSE: NOV), a pioneer in technology solutions for the global energy industry, announced today the addition of Patricia Martinez to its Board of Directors. The appointment, effective immediately, brings a seasoned expert in energy transition to the company\'s governance as it navigates the evolving energy landscape. Martinez, who has a robust...
By Niket Nishant, Manya Saini and Anirban Sen (Reuters) - New York Community Bancorp (NYSE:NYCB) said on Wednesday it had raised $1 billion from investors including former U.S. Treasury Secretary Steven Mnuchin\'s Liberty Strategic Capital and named a former Comptroller of the Currency its new CEO. Investment firms Hudson (NYSE:HUD) Bay Capital, Reverence Capital Partners,...
(Reuters) - Australia\'s corporate regulator said on Thursday that ASX Ltd has paid a A$1.1-million ($721,930) fine following a compliance investigation, marking the first such infringement notice issued to an exchange operator in the country. The Australian Securities and Investments Commission (ASIC) said it had reasonable grounds to believe ASX breached the rule requiring pre-trade...
Investment firm Grayscale has launched a new crypto staking fund that owns tokens for nine blockchains. In a press release published on March 5, the investment firm behind the biggest spot bitcoin ETF announced the launch of the Grayscale Dynamic Income Fund (GDIF), which will own tokens for Aptos, Celestia, Coinbase Staked Ethereum, Cosmos, Near,...
By Sinéad Carew and Bansari Mayur Kamdar (Reuters) -Wall Street\'s three major indexes closed higher on Wednesday as economic data and comments from Federal Reserve Chair Jerome Powell reinforced expectations that the U.S. central bank would reduce its benchmark interest rate this year. Powell said on Wednesday he expected the Fed to cut rates and...
The US state of Virginia, which is seeking to safeguard the crypto rights of its citizens, is one-step closer to creating a working group to deep-dive into crypto expansion. Virginia state Senate on Monday, passed a bill, which aims to create a research group to study blockchain and cryptos. The proposition was introduced as a...
-- U.S. stock index futures fell in evening deals on Wednesday, reversing course after a positive session on Wall Street as uncertainty persisted over the scope and scale of the Federal Reserve’s interest rate cuts. While Fed Chair Jerome Powell said that the bank will cut interest rates eventually in 2024, he noted that the...
The U.S. Securities and Exchange Commission (SEC) has finalized its actions against cryptocurrency platform ShapeShift by accepting a $275,000 settlement. In a detailed filing, the SEC outlined that ShapeShift, previously operating out of Denver, Colorado, had offered its customers at least 79 crypto assets, some of which were determined to be unregistered securities. ShapeShift’s $275,000...