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Weekly Roundup: 12 Finance Press Releases You Need to See

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A roundup of the most newsworthy financial press releases from PR Newswire this week, including Howard Lutnick’s confirmation as U.S. Secretary of Commerce, a Black entrepreneur’s bid for TGI Fridays and more.

NEW YORK, Feb. 21, 2025 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

Renting is Still More Affordable Than Buying in All but Two Major U.S. Metros
According to the Realtor.com® January Rent Report, most metros have become more affordable for both buyers and renters in the past year; however, renting a median-priced unit is still more affordable for median wage earners than buying the median priced for-sale listing in all major U.S. metros except two major cities.Howard Lutnick Confirmed as 41st United States Secretary of Commerce; Steps Down From His Positions at Cantor Fitzgerald, L.P.
Lutnick led Cantor Fitzgerald for four decades and rebuilt the company after losing 658 of its 960 New York-based employees, including his brother Gary, in the terrorist attacks on September 11, 2001. The Cantor Fitzgerald group of companies now employs more than 14,000 professionals and is widely recognized as a leader in global financial and commercial real estate services.Nikola Initiates Comprehensive Voluntary Chapter 11 Sale Process
The publicly traded EV truck maker filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Nikola intends to market and sell all, substantially all, or a portion of its assets and effectuate an orderly wind down of its businesses.G5ive Restaurant Group Aims to Acquire TGI Fridays
Spearheaded by 30-year-old Louisiana Black entrepreneur Cory Griffin, G5ive Restaurant Group is making headlines with its ambitious plan to acquire TGI Fridays through an ownership consortium. This move represents a significant step toward increasing Black ownership in the national restaurant industry.Addepar Introduces Cutting-Edge Solutions for Managing Alternatives
The new capabilities are purpose built to enhance data-driven decision-making and boost operational efficiency for advisors and institutions managing complex portfolios with alternative investments.69% of CFOs expect higher returns from sustainability initiatives than from traditional investments – Kearney
Research conducted by Kearney and We Don’t Have Time surveyed 500 CFOs across the UK, U.S., UAE, and India to understand how CFOs are embedding sustainability within their strategies. Regardless of geopolitical uncertainty and increased financial pressure, the data highlights CFOs’ confidence in the long-term value and profitability of sustainable investments.Sherwin-Williams to Acquire BASF’s Brazilian Architectural Paints Business for $1.15 Billion in All-Cash Transaction
The transaction adds a leading producer of architectural paints in Brazil to the Sherwin-Williams portfolio. BASF develops, manufactures and sells a comprehensive portfolio of innovative products under the well-known Suvinil and Glasu! brand names to professional painters, designers, architects, general contractors and consumers across Brazil.How Latino Professionals Are Redefining Leadership in the Era of AI, Remote Work & Digital Transformation
The 2025 ALPFA Convention will take place July 26-31 at Caesars Forum in Las Vegas, serving as the platform for professionals to accelerate their careers and embrace sustainable leadership. With exclusive networking opportunities, development programs, and the third annual pitch competition providing startups access to capital, ALPFA is creating access.Rocket Mortgage Unveils RocketRentRewards: Transforming Rent Payments Into Homeownership
With a Rocket mortgage, homebuyers earn 10% back on the last 12 months of rental payments – receiving up to $5,000 in lender credits toward closing costs. With the national average rent at $1,800, that translates to $2,160 applied toward a client’s closing costs – one of the biggest financial hurdles for first-time homebuyers.Rise in Americans’ savings intent may signal shift back to weaker, pre-pandemic consumer spending norms– Bain & Company/Dynata Consumer Health Indexes
Brian Stobie, senior director in Bain & Company’s Macro Trends Group, said: “This shift may pose challenges if businesses are basing their expectations for future consumer behaviors on the boom years of the pandemic recovery, when consumers deviated from these norms toward outsized spending.”BNP Paribas’ Securities Services Business Adopts Broadridge’s Global Class Action Solution to Maximize its Clients’ Global Asset Recovery Opportunities
Broadridge provides a comprehensive, proprietary technology solution for global class action services that will help clients identify and act on asset recovery opportunities. This includes a seamless process for identifying, filing, and recovering investment losses, backed by Broadridge’s industry expertise.Bambusa Therapeutics Raises Approximately $90 Million in Series A Financing to Advance Next-generation Bispecific Antibodies for Immunology & Inflammation Diseases
The round was led by new investor RA Capital Management, with participation from new investors including Janus Henderson Investors, Redmile Group, Invus, and ADAR1 Capital Management. Two of Bambusa’s four programs are on track to enter the clinic in Q1 2025 and mid-2025, respectively.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

About PR Newswire
PR Newswire is the industry’s leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world.

For questions, contact the team at media.relations@cision.com.

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HelloNation Explains Car Insurance Cost with Insights From Insurance Expert Edward Vasquez

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The article outlines key factors that influence pricing and helps drivers understand coverage options in a growing Arizona community.

GOODYEAR, Ariz., May 4, 2026 /PRNewswire/ — How much does car insurance cost in Goodyear, AZ? The answer is explored in a HelloNation article that provides a clear breakdown of pricing factors, with insights from Insurance Agent Edward Vasquez of Goodyear, Arizona.

The HelloNation article explains that car insurance costs in Goodyear, AZ, vary widely depending on personal and regional factors. While the average auto insurance cost Arizona drivers pay is considered moderate compared to national figures, individual premiums depend on driver profiles, vehicle types, and selected coverage levels. The article emphasizes that no single rate applies to everyone, underscoring the need for personalized evaluation.

The article notes that Goodyear’s continued population growth shapes the car insurance rates Goodyear drivers experience. As more residents move into the area, traffic density increases, which can raise the likelihood of accidents and claims. These trends can influence insurers’ pricing models and contribute to gradual shifts in Arizona car insurance costs over time.

Insurance Agent Edward Vasquez is featured as a source of insight in the article, which highlights how driver history remains one of the most important factors in determining premiums. The article explains that individuals with clean driving records often receive lower rates, while those with violations or prior claims may pay higher rates. This dynamic helps explain why car insurance rates vary so significantly between drivers in the same area.

Vehicle selection is another key factor discussed in the HelloNation article. Newer cars equipped with advanced safety features may qualify for discounts, yet they can also cost more to repair. Older vehicles may reduce certain coverage costs, but may lack features that help prevent accidents. The article explains that these considerations directly affect the car insurance cost that Goodyear, AZ, residents pay, especially for those with long commutes or frequent driving needs.

Location-specific data also contributes to pricing differences. The article highlights how ZIP code variations within Goodyear and nearby communities can influence the car insurance rates Goodyear drivers encounter. Insurers assess local accident trends, theft rates, and even environmental conditions such as extreme heat, all of which can affect claim frequency and overall risk. These factors help define the average auto insurance costs Arizona drivers may expect across different regions.

Coverage choices are another major reason why car insurance rates vary. The article explains that liability coverage Arizona drivers are required to carry typically costs less than broader policies. However, many individuals choose full coverage car insurance to gain additional financial protection. This includes collision and comprehensive coverage, which increases premiums but reduces out-of-pocket expenses in the event of damage or loss.

The HelloNation article also describes how comparing multiple policy options can help drivers better understand their costs. Adjusting deductibles, coverage limits, and optional protections allows individuals to see how different decisions affect their monthly premiums. This approach provides a clearer view of the tradeoffs between affordability and protection, particularly in a growing market like Goodyear.

Insurance Agent Edward Vasquez is again referenced in the article’s discussion of informed decision-making, emphasizing the importance of understanding both risks and coverage benefits. Arizona car insurance policies are not one-size-fits-all, and the article reinforces that careful evaluation is key to finding the right balance between budget and protection.

The article concludes that understanding car insurance costs in Goodyear, AZ, requires looking beyond averages and focusing on individual circumstances. By considering driver history, vehicle type, location, and coverage preferences, drivers can make more confident and informed choices about their insurance needs.

How Much Does Car Insurance Cost in Goodyear, AZ? features insights from Edward Vasquez, Insurance Agent of Goodyear, Arizona, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused digital publications and innovative “edvertising” approach, HelloNation delivers expert-driven, good-news content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities. HelloNation maintains partnerships with the National Governors Association, the U.S. Conference of Mayors, and the United States First Responders Association.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hellonation-explains-car-insurance-cost-with-insights-from-insurance-expert-edward-vasquez-302761632.html

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Verkada opens nominations for its annual Safety Champion Awards

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SAN MATEO, Calif., May 4, 2026 /PRNewswire/ — Verkada, a leader in AI-powered physical security technology, opened nominations for its third annual Safety Champion Awards today.

Now in its third year, Verkada’s Safety Champion Awards have celebrated security leaders across industries — from schools and nonprofits to healthcare and municipal organizations — whose work protecting their communities often goes unrecognized. As AI reshapes how organizations approach physical security, the Safety Champion Awards also put a spotlight on leaders leveraging new tools and technologies in ways that build safer, more resilient communities.

Verkada will accept nominations for the Safety Champion Awards through June 30, 2026 across three categories: Impact, AI Transformation and School Safety.

“At TMSA, we believe school safety must go hand in hand with student well-being and a strong sense of community,” said Didar Hayytov, IT Manager at Triad Math and Science Academy in North Carolina and 2025 School Safety Excellence Award honoree. “By integrating innovative technology with a proactive, people-centered approach, we’ve strengthened our preparedness for critical incidents while creating a more supportive and efficient environment for our students, families, and staff. We’re honored to have this work recognized and proud to contribute to a safer future for our school communities.”

The 2026 Verkada Safety Champion Awards categories are:

Impact Award
The Impact Award recognizes an individual who has made a positive, tangible impact on the safety and security of their organization and/or community. In addition to being celebrated during VerkadaOne, the honoree will receive a $15,000 monetary prize*.

AI Transformation Award
The AI Transformation Award recognizes a Verkada customer who has leveraged the company’s AI-powered technology in a novel way to enhance safety or operational efficiency within their organization and/or community. In addition to being celebrated during VerkadaOne, the honoree will receive a $10,000 monetary prize*.

School Safety Excellence Award
The School Safety Excellence Award recognizes a school or university that has taken an innovative approach to addressing security challenges, emergency preparedness, and student wellbeing. In addition to being celebrated during VerkadaOne, the honoree will receive $50,000 in gifted Verkada products for their organization or a charitable organization of their choosing.

To nominate a leader from your community for the 2026 Safety Champion Awards, visit www.verkada.com/safety-champion-awards.

*If an honoree is employed in the public sector and/or is ineligible to receive honorariums or gifts, Verkada will donate the prize to a charitable organization.

Stay on top of the latest news and announcements from Verkada on LinkedIn.

About Verkada
Designed with simplicity in mind, Verkada’s six product lines — video security cameras, access control, environmental sensors, alarms, workplace, and intercoms — provide unparalleled building security through an integrated, cloud-based software platform. Over 30,000 organizations across 170 countries worldwide, including over 100 of the Fortune 500, trust Verkada as their physical security layer for easier management, intelligent control, and scalable deployments. For more information, please visit www.verkada.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/verkada-opens-nominations-for-its-annual-safety-champion-awards-302761635.html

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Ready for Industry Certifications: Earn Tier 1-Recognized Status on Tennessee Statewide Industry Credential List

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Healthcare, Construction, Information Technology, Manufacturing and Logistics approved for 2026-27 list

Ready for Industry certifications expand access to employer-validated, stackable microcredentials that bridge the gap between education and the workforce

CHATTANOOGA, Tenn., May 4, 2026 /PRNewswire/ — Ready for Industry® (RFI) today announced that its certifications in Healthcare, Construction, Information Technology, Manufacturing, and Logistics have been approved as Tier 1-Recognized and will be included on the 2026-27 Tennessee Statewide Industry Credential List.

This Tier 1-Recognized designation confirms that RFI NOCTI credentials meet Tennessee’s standards for industry-recognized credentials. Inclusion on the statewide list will help ensure students across Tennessee have access to validated credentials that support strong postsecondary and career pathways, helping prepare learners for in-demand occupations.

The curriculum was developed in the heart of Chattanooga. Ready for Industry is fully funded and available across four states: Tennessee, Louisiana, Alabama, and Kentucky. As well as, has several pilot programs currently underway in Texas, Ohio, Virginia, and California. Users include high schools, community and technical colleges, American Job Centers, and other workforce organizations, including Goodwill Industries.

Ready for Industry is part of the Pearson Career Ready: eDynamic Learning product line, a leader in career and technical education curriculum for over 15 years.

“We are honored that Tennessee has recognized Ready for Industry at Tier 1,” said Jerry Wooden, CEO of eDynamic Learning. “This approval reflects our work with employers to define the knowledge, core competencies and essential skills that matter on the job. RFI provides a clear, measurable pathway for learners through stackable microcredentials and a nationally recognized microcredential that employers trust. Our focus remains on expanding access and improving outcomes for learners so they can move into careers that strengthen local and state economies.”

Ready for Industry welcomes additional certification submissions and stands ready to support school districts, career and technical education programs, and employers with implementation and reporting guidance. For more information or to discuss next steps, please contact Simone Smith and RFI Team at office@readyforindustry.com.

For Information Contact:
Jordan Campbell, VP of Marketing, jordan.campbell@pearson.com

About Ready for Industry

Ready for Industry is an employer-aligned curriculum with a nationally recognized microcredential that bridges the gap between education and the workforce. RFI educates learners by providing employer-validated knowledge, core competencies, essential skills and job readiness through stackable microcredentials and measurable outcomes. Developed by Thinking Media founders Dr. Dane and Sheila Boyington in Chattanooga, RFI supports workforce and economic development and prepares learners for career success.

About eDynamic Learning

Founded by a classroom teacher, eDynamic Learning (eDL) aims to empower educators with accessible resources for all learners to guide students on their journey to life after graduation. eDL is dedicated to supporting both teachers and programs that facilitate student exploration of interests, career options, and skill acquisition through Career and Technical Education (CTE). eDL prioritizes quality and the development of vital life readiness skills, including interpersonal communication and financial literacy. eDL’s commitment to fostering exploration starts early, with resources tailored to middle school students. eDL’s rich courseware catalog and Learning Blade resource, supplemental mission-based lessons, have a proven track record of expanding STEM, computer science, and career interest and awareness.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ready-for-industry-certifications-earn-tier-1-recognized-status-on-tennessee-statewide-industry-credential-list-302761643.html

SOURCE eDynamic Learning

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