Butterfly, Graham, Wise Equity target nutraceuticals; Demand for antimicrobial testing drives Astorg’s $1bn carve-out of Thermo Fishers’ microbiology biz

Conventional wisdom sounds the alarm on a looming “advisor shortage” of approximately 100,000 professionals as the baby boomer generation retires by 2034. But the future of wealth management isn’t about filling empty advisor seats; it’s more about combining scaled technology with the enduring investors’ needs of emotional support. Moreover, terms to describe any shortage are…

The deal broadens Affinia’s specialist advisory capabilities, particularly for international ultra-high-net-worth clients RedBird will keep applying its RedBird X artificial intelligence platform across the enlarged group The combined business spans 33 offices with about 1,600 staff, more than 25,000 clients and annual revenue above £160 million Affinia, a RedBird Capital Partners portfolio company, has added…

Companies that have been developing wind and solar projects have found their plans scuttled by changes in federal policy under the Trump administration, including changes in tax laws and regulations, but a recent court decision provided them with a little breathing room. Processing Content Last month, the U.S. District Court for the District of Columbia…

Storytelling about risk is a tricky subject. We tend to reach for metaphors we hope improve understanding. Instead, we may just be adding to the problem.  “Going rogue” is the latest iteration—a way of explaining the failings of Anthropic and OpenAI models that have been found acting well beyond the safe limits that should have been set for them. Actual rogues tend to skulk in corners…

Dive Brief: Persistent inflation posed the biggest concern for small business owners during the second quarter, eroding their confidence, the U.S. Chamber of Commerce found in a survey. Concern about price pressures exceeded worries among small businesses over supply chain challenges, borrowing costs, revenue trends, a shortage of talent in the labor pool and the…

📬 Would you prefer to receive this information in your email inbox every morning before the markets open in New York? Sign up here. ONE BIG THING Google just booked the biggest profit quarter in history—and Wall Street hates it Alphabet made history Wednesday with a quarterly profit that stretched into 12 figures for the…