A roundup of the most newsworthy financial press releases from PR Newswire this week, including America's leading private landowners, the latest C-level executive surveys and California wildfire relief efforts.
NEW YORK, Jan. 17, 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.
- New Study Shows Financial Imposter Syndrome Fuels Consumer Anxieties
Financial imposter syndrome refers to the self-doubt many people feel when it comes to their financial skills and money moves versus the actual reality of their financial picture. KeyBank's annual Financial Mobility Survey found that Americans are closer to their personal financial comfort goals than they may realize. - Land Report Unveils America's 100 Largest Landowners for 2025
Among the highlights were a $40 million investment by America's largest landowners, the Emmersons, to facilitate restoration of ravaged Western forests as well as the magazine's cover story on the agricultural empire of No. 15 Stefan Soloviev. - Blue Owl Capital Corporation Completes Merger with Blue Owl Capital Corporation III
This merger now makes OBDC the second largest externally-managed, publicly traded BDC by total assets with $18.6 billion of total assets at fair value and investments in 232 portfolio companies, on a pro forma combined basis as of September 30, 2024. - CFO Confidence Soars as Risk Appetite Returns 'Deloitte CFO Signals™ Survey 4Q 2024'
Deloitte's CFO Confidence Score hit the highest level in 10 quarters. Seventy-two percent of CFOs believe the North American economy will improve over the next year, with half rating the region's current economy as good. - Collective Women's Leadership Launches App to Empower Women in Business
"The Collective Women's Leadership app embodies our mission to make world-class leadership development accessible, engaging and tailored to women's unique needs," said Joyce Toti, founder and CEO of Collective Women's Leadership. "This was a vision that I had for quite some time, and to be able to put it into fruition will help so many women succeed." - IAC Announces Plan to Spin Off Angi; Reorganizes Leadership
IAC announced today its Board of Directors has approved a plan to spin off IAC's full stake in Angi, a leading platform for home services, to IAC shareholders. The spin-off transaction, which is expected to be tax free, will give IAC shareholders direct ownership of Angi, resulting in IAC and Angi becoming wholly separate entities. - Survey: As 2025 Begins, CEOs Are Most Worried About a Trade War and Recession
CEOs globally rank intensified trade wars as the top geopolitical risk to their companies. They say tensions between the US, EU, and China will have the greatest geopolitical impact, according to a new survey from The Conference Board. - Barry's Announces New Strategic Investment Partner Princeton Equity Group
Barry's, the global leader in boutique fitness, is excited to announce a new strategic investment from Princeton Equity Group, a private equity firm focused on investing in and growing franchisor and multi-location companies. Princeton's investment will allow Barry's to expand its unparalleled fitness experience to more communities, enhancing the health and wellbeing of individuals globally. - 79% of Millennials Say They Can't Afford Homes, with 41% Willing to Buy a House with Asbestos or Pests
Just 21% of millennials believe their generation can afford homes, a sharp decline from the 52% who felt the same in 2024, according to new research from Real Estate Witch, an online publication owned by Clever Real Estate that connects readers with expert real estate advice. - AI Must be Better Integrated into Investment Process, New Buy-Side Survey by SimCorp Shows
The survey shows that 75 percent of respondents understand the potential benefits of AI but need more information on how to apply it effectively to the investment processes, such as investment analysis, decision making, risk management, data management and client engagement. - Survey Finds that More Than 50% of Gen-Z Enter Adulthood Without Financial Education
The Credit One Bank study, which analyzed responses from 1,000 participants ranging from Generation Z to Baby Boomers, found that while Gen-Z is far more open to speaking transparently about their financial situation, they do not make meaningful efforts to improve it – primarily, due to lack of available resources and foundational knowledge regarding personal finance. - North American Companies are at Risk of Losing Employees to the Workplace Fulfillment Gap, According to New Ricoh Data
The 2024 North American Workplace Fulfillment Gap Index released by Ricoh USA, Inc., a leading provider of integrated digital workplace solutions and services, found that fulfillment is an often-overlooked factor employers should focus on in their talent retention strategies as companies implement return to office (RTO) policies.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
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California Wildfire Relief
As California prepares for the financial aftermath of the devastating Los Angeles wildfires, banks and Fortune 500 companies are stepping up to support restoration efforts. Here are a few examples seen on PR Newswire this week:
- California Bank & Trust announced it will donate $100,000 to organizations providing resources and relief to those impacted by the wildfires.
- CU SoCal pledged $1.25 million in interest-free loans and a $10,000 donation to CU Aid, a fund dedicated to helping credit unions, their employees, and their communities during times of crisis.
- Lowe's pledged $2 million to assist first responders and nonprofits that are responding to critical needs like supporting evacuations, emergency shelter and distributing urgently needed supplies like water, N95 masks, air purifiers, ash sifters and storage.
- Royal Bank of Canada, together with City National Bank, announced they are donating US$3 million to support victims of the wildfires in Southern California.
- Honda doubled its previously announced $500,000 donation to the American Red Cross – bringing the total to $1 million to support the tens of thousands of people impacted by the wildfires.
Read more press releases related to severe weather, including the Los Angeles-area wildfires.
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.
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