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Firms are not clearly demonstrating how they support the needs of vulnerable customers once they have been identified, the regulator has said. In the Financial Conduct Authority’s (FCA’s) review into firms’ approaches to products and services under Consumer Duty requirements, it said that when asked how products and services were adapted to meet the needs…
Virginia, home of the nation’s densest concentration of data centers, will require them to pay for the dedicated new power infrastructure they need in a bid to spare homeowners from rising electric bills. The commonwealth’s State Corporation Commission ordered large data center users to cover the cost of transmission infrastructure they will use exclusively. Gov. Abigail Spanberger recently pushed for developers…
Envestnet released its third technology update of 2026, introducing an interactive dashboard, self-service configuration tools for Unified Managed Portfolios, and AI-powered widgets designed to reduce administrative work for advisors. The updates include a redesigned interface with customizable widgets, a new side-panel navigation system, and an AI assistant that allows advisors to query dashboard data in…
A Blackstone affiliate sold the North Charlotte Commerce Center in Mooresville to CBRE Investment Management for $135 million. The Charlotte Business Journal reports the deal was part of a 2.3-million-square-foot portfolio sale that also included industrial parks in two other states. CBRE IM is an independently operated affiliate of CBRE Group. The North Charlotte Commerce…
When Ahmed Mousa wanted to return to the tech firm Deel, he texted CEO Alex Bouaziz a selfie of the two of them with another colleague. “hey! ready and fully committed. when can we recreate this photo?” Mousa wrote to Bouaziz. The cofounder quickly replied, writing in part: “Which team” Roughly 48 hours after that…
Business-class airline tickets were already booked for us to fly around the world for my husband’s 50th birthday. Then he threw me a curveball: An African safari was on his bucket list, too. I wanted to fulfill his wish while keeping money and time constraints in mind. After all, when I heard “African safari,” all…