NEW YORK (Reuters) - The Managed Funds Association, an alternative asset management trade group, announced on Wednesday its new board of directors, as well as its chair Jody Gunderson, managing principal at $16 billion credit investment firm AB CarVal, as the industry prepares for the threat of higher taxes and new regulation. The new team comes as the advocacy group...

07:11 AM EDT, 10/02/2024 (MT Newswires) -- (Corrects the targeted year of launch in the headline.) Apple ( AAPL ) is readying production of a new iPhone SE that will be its latest entry-level model and will debut early next year, Bloomberg reported Tuesday, citing people with knowledge of the matter. The company also plans to release new iPad Air...

07:09 AM EDT, 10/02/2024 (MT Newswires) -- Foran Mining ( FMCXF ) on Wednesday said it has closed an upsized US$250 million senior secured project credit facility with a fund managed by Sprott Resource Lending. The non-revolving facility has a maturity date of Sept. 30, 2031. The credit facility amends and restates the company's original US$150 million senior secured project...

07:08 AM EDT, 10/02/2024 (MT Newswires) -- Vera Therapeutics ( VERA ) said Wednesday that it would expand the development of its lead asset, atacicept, following positive results from the ongoing phase 2 and 3 trials in patients with IgA nephropathy and other autoimmune kidney indications. The company said it plans to initiate a study in Q4 to give its...