GS Mortgage-Backed Securities Trust 2026-PJ6: Presale Report
DBRS, Inc. assigned provisional credit ratings to the Mortgage‑Backed Notes of Goldman Sachs’ Mortgage‑Backed Securities Trust 2026‑PJ6. The majority of Class A tranches received a (P) AAA rating, while lower‑tier tranches were rated from AA down to B. These ratings were issued on April 15, 2026 and are marked as provisional pending final approval. The rating spread reflects a tiered structure designed to meet diverse investor risk appetites.
Worker’s Firing Days Before Retirement Didn’t Violate ERISA, Judge Holds
The U.S. District Court for the Southern District of Ohio ruled in *Armstrong v. Western & Southern Financial Group* that the insurer did not violate ERISA when it terminated a sales representative days before her planned May 2022 retirement. The...
Meta Simplifies Ad Performance Elements
Meta introduced AI‑enhanced tools to simplify its Pixel and a one‑click setup for the Conversions API. The new Pixel feature automatically adds product names, availability and business details to event data, reducing manual coding. The Conversions API can now be...
Employee Benefits Regulator to Focus on ‘Bad Actors’
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) announced a strategic shift to target enforcement on the most egregious conduct that harms employee benefit plans. The agency outlined four guiding principles emphasizing timely, fair action tied directly to...
Sydney Sweeney's New American Eagle Ad Addresses Last Year's 'Great Jeans' Controversy in the Most Sydney Sweeney Way
Sydney Sweeney returns as the face of American Eagle’s new denim‑shorts campaign, "Syd for Short," a cheeky follow‑up to the 2025 "Great Jeans" controversy. In the short video she delivers a playful line, "What brand am I wearing? Yeah, that...
Snap Lays Off 16% of Its Full-Time Staff
Snap announced a 16% reduction in its full‑time staff, laying off roughly 1,000 employees and closing over 300 open positions. The cuts are projected to shave more than $500 million from the annualized cost base by the second half of 2026,...
N-Able Exec On Disaster Recovery As A Service: We Are On The Front Line
N-able announced an expanded Disaster Recovery‑as‑a‑Service (DRaaS) aimed at managed service providers (MSPs), featuring a co‑managed, cloud‑native model that eliminates the need for MSPs to maintain their own recovery infrastructure. The solution leverages AI to accelerate incident discovery, turning months...
Canadian Natural Resources Limited: Credit Rating Report
On February 27, 2026, DBRS, Inc. upgraded the outlook on Canadian Natural Resources Limited (CNRL) from Negative to Stable. The agency reaffirmed the issuer’s A (low) rating for both its overall credit and unsecured long‑term debt, and kept the commercial...
Morningstar DBRS Finalizes Provisional Credit Ratings on Brean Asset Backed Securities Trust 2026-RM15
Morningstar DBRS has issued provisional credit ratings for the Brean Asset Backed Securities Trust 2026‑RM15 reverse‑mortgage RMBS. The senior Class A1, A2 and AM tranches totaling $472 million received AAA (sf) ratings, while subordinate tranches span AA to B ratings. The...
Brean Asset Backed Securities Trust 2026-RM15: Credit Rating Report
DBRS, Inc. issued provisional final ratings for Brean Asset Backed Securities Trust 2026‑RM15 on April 15, 2026. The senior tranches—Classes A1, A2 and AM—received AAA ratings, while Class M1 was rated AA and Class M2 received an A rating. Subordinate...
Jet Fuel Supplies Are Sharply Affected by the Near-Closure of the Strait of Hormuz
Jet fuel prices have roughly doubled as ship traffic through the Strait of Hormuz plummets, creating a double‑whammy disruption for both crude imports to Asian refineries and finished jet fuel exports from Gulf refineries. Europe has been warned of a...
Lionsgate Extends CEO Jon Feltheimer’s Contract to 2031
Lionsgate announced that longtime chief executive Jon Feltheimer will remain at the helm through July 31, 2031, keeping his base salary at $1.5 million. The new agreement adds performance‑linked stock options that vest only if the share price hits $17.50, $20 and $22.50....
An Exclusive Look at Tyrese Maxey’s Signature New Balance Sneaker
Tyrese Maxey, the Philadelphia 76ers guard who averaged a career‑high 28.3 points and earned his first All‑Star nod, is launching his first signature sneaker, the New Balance Maxey v1. The shoe, featuring FuelCell cushioning, a sculpted heel and a low‑slung dad‑shoe...
Duolingo Was Evaluating Its Workers’ AI Use. Workers Pushed Back.
Duolingo introduced a new performance‑review metric that measured how effectively employees used AI, but strong internal pushback led CEO Luis von Ahn to reverse the policy. The company clarified that AI tools are optional aids rather than mandatory performance criteria....
A Swift Spin For Tom and Cheryl Hodgins
On March 14, 2025, Alexandra Communications, led by Tom and Cheryl Hodgins, finalized an agreement to acquire three FM radio stations in Eastern Oregon from Pacific Empire Radio Corp. Within weeks, the Hodgins‑owned firm announced it would divest one of...
SterlingRisk Promotes Waterman, Beres
SterlingRisk announced that Marci Waterman has been promoted to deputy chief executive officer while retaining her role as president of Sterling Analytics, and John S. Beres has been elevated to chief operating officer. Waterman, a 2013 hire, previously served as...
The Transparency Tax: The Cost of Not Knowing What’s in Your Software
The article introduces the "transparency tax," the hidden operational cost organizations incur when they lack continuous visibility into the components of their software. It cites past supply‑chain attacks—such as Log4Shell, which averaged over $90,000 in incident‑response costs—to illustrate how manual...
Semiconductor Industry Calls for More Robust, Strategic Industrial Policy
U.S. industry leaders told a House subcommittee that China is outspending the United States on AI‑driven semiconductor research and that American manufacturing capacity has shrunk more than 25% since 1990. They urged Congress to adopt a proactive industrial policy, streamline...
The More Things Change: Bank CEOs on Why They're Adding Branches
Despite a net loss of roughly 400 U.S. bank branches in 2025, the nation’s largest banks are still expanding their physical footprints. JPMorgan Chase plans to add more than 500 new branches by 2027, leveraging part of its $40 billion excess...
A 32-Year Look at Biotech’s Capital Expansion
Over the past 32 years biotechs have amassed nearly $1.2 trillion in equity financing, according to BioCentury’s BCIQ database. Remarkably, half of that capital was raised in the eight‑year window from 2018 to 2025, underscoring an accelerating funding wave. The surge,...
Europe Eyes Canada LNG as Iran War Rewires Energy Routes
European energy buyers, led by Germany’s Uniper, are assessing Canada’s west‑coast Ksi Lisims LNG project as a diversification option amid the Iran war and Strait of Hormuz disruptions. The proposal involves shipping liquefied natural gas through the Panama Canal, a longer...
Cumulus Media Bankruptcy Plan Approved
A federal judge in Texas has approved Cumulus Media's reorganization plan, erasing $592 million of debt and securing up to $100 million in lender financing to sustain operations. The plan keeps CEO Mary Berner and CFO Francisco Lopez‑Balboa at the helm through...
Authentic Brands Group Is Bringing Barneys Back
Authentic Brands Group, the owner of Juicy Couture, Brooks Brothers and Forever 21, plans to revive Barneys New York at its former Madison Avenue flagship. The move follows the 2019 $271 million purchase of Barneys’ intellectual property and a failed licensing partnership with...
LIV Golf in Crisis as PIF Considers Cutting Funding After $5B+ Loss
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), is weighing a pull‑back of its financial support for LIV Golf after having poured more than $5 billion into the venture. While the tour’s sixth event in Mexico proceeds as scheduled,...
Stocks Hit Record High as Wall St. Looks Beyond War
The S&P 500 closed above 7,000 on Wednesday, setting a fresh all‑time high and climbing about 0.8% on the day. The index now sits roughly 2% higher than its pre‑war level and has rebounded roughly 10% since the March 30 trough. Investor...
OMB's Vought: CDFIs Funded 'Woke' Programs
Office of Management and Budget Director Russell Vought urged cuts to the Community Development Financial Institutions (CDFI) Fund, accusing the program of financing “woke” and DEI‑focused projects. He argued that CDFI loans lack traditional ability‑to‑pay underwriting, raising safety‑and‑soundness concerns. The...
When It Comes to AI Spend Management, CIOs Are Not Alone
Enterprise FinOps teams, originally focused on cloud cost control, are now extending their remit to AI spend management. About 64% of these teams measure success by business value delivered, and nearly 80% report directly to the CIO, highlighting the strategic...
One in Six: How Rocket Swallowed America's Mortgage Market
Rocket Companies completed a $15.95 billion series of deals—acquiring Redfin for $1.75 billion and Mr. Cooper for $14.2 billion—creating a vertically integrated homeownership platform that now services roughly one in six U.S. mortgages, about 10 million borrowers and $2.1 trillion in unpaid principal. The combined entity...
The Podcast Guys Appoints Anne Claessen as Chief Operating Officer
The Podcast Guys, a global event‑specialist podcast agency, announced Anne Claessen as its new Chief Operating Officer, effective April 13, 2026. Claessen arrives from Cashflow Podcasting, where she served as CEO, bringing extensive experience in podcast production, marketing, and agency...
Oxford Road Shares The Secrets To True Crime Podcast Ad Effectiveness
Oxford Road released its ORBIT ranking of the top‑performing true‑crime podcasts, drawing on more than $1.6 billion in campaign data from over 500 advertisers. The analysis shows true‑crime is the second‑largest spend genre, ranking in the top 20 % for ad efficiency, yet...
Ford’s EV and Software Chief Doug Field Is Leaving the Company
Ford announced that Doug Field, the former Apple and Tesla executive who has led its electric‑vehicle and software division for five years, will leave the company next month. Alan Clarke, a former Tesla engineer who runs Ford’s California skunkworks lab,...
Protect Clients From Post-Closure Payroll Tax Notices
The guide explains how advisors should help clients properly close federal, state, and local payroll tax accounts after payroll ends, emphasizing that stopping payroll does not automatically terminate tax obligations. It outlines required final filings—Forms 941/944, 940, W‑2/W‑3—and the process to...
Asia Faces Strained Supply Lines and Volatile Energy Markets
Asia’s energy markets are under severe strain as Gulf crude shipments face weeks‑long delays and Atlantic imports remain uneconomic. A sustained oil price surge toward $200 per barrel would likely trigger government‑mandated rationing and demand‑reduction measures across the region. The...
Kentro, Lynker Elevate New CEOs From Within
Federal IT modernization firm Kentro restructured its leadership, elevating Tom Swerdzewski and Tom Fogarty to co‑CEO roles overseeing delivery operations and growth technology, respectively, while longtime CEO Pinakin Patel moved to board chair. The company, which generated roughly $250 million in...
Axe Body Spray Has a Message for Young Men: Ask Out Your Crush
Axe Body Spray is leveraging the FIFA World Cup to spark real‑world connections, offering 82 tickets—including two private‑suite seats—for young men who post TikTok videos asking out their crushes in over‑the‑top game‑day attire. Participants can enter once per day over...
SEC Approves Exemptive Order and Proposed Rule Change to Permit Customer Cross-Margining in the U.S. Treasury Market
The SEC issued a conditional exemptive order that permits broker‑dealers registered as futures commission merchants to cross‑margin customer cash Treasury positions cleared by FICC with Treasury futures cleared by CME. In parallel, the SEC approved a FICC rule change to...
YouTube Tests Showing Creator Posts in Your Shorts Feed
YouTube is piloting a new format that places creator Posts—image carousels with up to ten pictures, text overlays, and royalty‑free music—directly inside the Shorts feed on its mobile app. The test, rolling out globally to a limited user group, aims...
Maximum Pressure Returns: U.S. Targets Shadow Fleet Tankers as Iran Oil Waiver Expires
The U.S. Treasury reinstated full "maximum pressure" on Iran by letting the 30‑day general license for stranded Iranian oil expire and sanctioning more than two dozen individuals, companies, and vessels tied to the Shamkhani shadow‑fleet network. The designations target a...
#58777
Clearwater Analytics Holdings (CWAN) will hold a shareholder vote on May 6, 2026 to approve a merger with GT Silver BidCo, an affiliate of Permira Investors. If approved, each CWAN Class A share converts into a right to receive $24.55 in cash, translating to $2,455...
US Targets Iran's Oil Transportation Infrastructure with Sanctions
The U.S. Treasury announced sanctions on more than two dozen individuals, companies and vessels tied to Iran's oil transportation network. The measures focus on oil‑shipping magnate Mohammad Hossein Shamkhani, son of the late security official Ali Shamkhani. Treasury also sanctioned...
SERHANT Goes Big in the Golden State; C21 Circle Enters Michigan
SERHANT announced a major California rollout, opening offices in Los Angeles, San Diego, San Francisco, Orange County and Tahoe and onboarding 16 top‑producing agents who closed over $2 billion last year. The move expands the New York‑based brokerage to 16 states and follows its No. 26...
Stop Waiting for Insights. Build the System That Produces Them
Marketing leaders often centralize customer data expecting instant insights, but they end up with clean dashboards that lack actionable guidance. The article argues that insight emerges only when data is coupled with a systematic execution engine that captures response metrics...
Best Christian Workplaces Welcomes Faith Gaines as Vice President of Consulting
Best Christian Workplaces announced Faith Gaines as its new Vice President of Consulting, adding her to the senior leadership team. Gaines arrives from Gallup, where she led global employee‑engagement, leadership development, and organizational‑health programs across six continents. The appointment coincides...
Timeshifter Recieves New Funding
Timeshifter, the creator of the world’s most‑downloaded jet‑lag app, announced a new funding round led by Skip Capital, the private fund of Atlassian co‑founder Scott Farquhar and Kim Jackson. The round attracted high‑profile strategic investors including F1 champion Nico Rosberg, astronaut...
Bronny James Debuts Nike PE Inspired By His Cardiac Arrest Recovery
Nike unveiled a player‑exclusive LeBron IX Witness PE sneaker crafted for Bronny James, directly inspired by his recovery from a July 2023 cardiac arrest. The shoe debuted during the Lakers’ 131‑107 victory over the Utah Jazz on April 13, marking...
SS&C Intralinks DealCentre AI Vs. Datasite: Which Platform Is Built for the Future of Dealmaking?
The M&A technology market is moving beyond standalone virtual data rooms toward end‑to‑end dealmaking platforms that embed AI. SS&C Intralinks’ DealCentre AI offers a unified environment with native AI assistant Link, continuous workflows, and bank‑grade security, having supported over $37 trillion...
Did ‘Disgusting’ Tattoo at Work Add up to Discrimination?
The British Columbia Human Rights Tribunal dismissed a discrimination complaint filed by a camera assistant against the International Cinematographers Guild (IATSE 669/ICG). The assistant alleged the union failed to address sexualized imagery on set and a coworker’s offensive tattoo, claiming sex‑based...
Stop & Shop Named Official Grocery Store Of Boston Legacy FC
Stop & Shop has signed a multi‑year deal to become the Official Grocery Store of Boston Legacy FC, the National Women’s Soccer League’s newest franchise. The partnership focuses on combating food insecurity in Massachusetts through the retailer’s School Food Pantry...
SAP Security Patch Day April 2026: Critical Vulnerabilities, CVSS 9.9 SQL Injection, and Authorization Risks
On April 2026 SAP released its monthly Security Patch Day, publishing 19 new security notes and an update. The most critical issue is a CVSS 9.9 SQL injection vulnerability in SAP Business Planning and Consolidation and SAP Business Warehouse that...
OpenAI Updates Its Agents SDK to Help Enterprises Build Safer, More Capable Agents
OpenAI has refreshed its Agents SDK with two major upgrades: sandboxing, which runs agents inside isolated computer environments, and an in‑distribution harness that lets agents tap frontier models while safely accessing files and approved tools. The sandbox limits an agent’s...