Weekly Recap: 13 Finance Press Releases You Need to See
A roundup of the most newsworthy financial press releases from PR Newswire this week, including new Synchrony-powered OnePay credit cards at Walmart and business updates from Warner Bros. Discovery.
NEW YORK, June 13, 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.
OnePay and Synchrony to Launch New Industry-Leading Credit Card Program With Walmart; Credit Card to Be Powered by Mastercard and Set to Go Live This FallThe program will add credit cards to OnePay's growing portfolio of financial services products, helping consumers save, spend, borrow, and grow their money — all in one place.
Warner Bros. Discovery to Separate into Two Leading Media CompaniesThe Streaming & Studios company will consist of Warner Bros. Television, Warner Bros. Motion Picture Group, DC Studios, HBO, and HBO Max, as well as their legendary film and television libraries. Global Networks will include premier entertainment, sports and news television brands around the world including CNN, TNT Sports in the U.S., and Discovery, top free-to-air channels across Europe, and digital products such as the profitable Discovery+ streaming service and Bleacher Report (B/R).
PNC Bank Launches PNC Mobile Accept®, A New Pay-As-You-Go Payment Processing Solution for Micro BusinessesDesigned for businesses processing less than $300,000 in credit and debit card transactions annually, PNC Mobile Accept is a self-service solution that gives business owners fast, secure access to accept funds directly from their phone or tablet with no monthly fee.
BofA Clients Embrace New $10 Million Limit in U.S. Real-Time Payments"Our clients have been using RTP to pay vendors, employees and customers, but the larger cap has opened up use cases for different kinds of transactions, such as real estate and deal closings and other corporate activity," said AJ McCray, head of Global Payments Products, Global Payments Solutions (GPS) at Bank of America.
Hilco Streambank Seeks Offers for Nikola IP: Hydrogen Fuel Cell & EV Technologies International Patent Portfolio, Software, Data, & Brand Assets"Nikola has developed a robust portfolio of innovative solutions across hydrogen and battery-electric vehicle technologies, with global brand equity and a strategic patent portfolio cited by leading OEMs," said David Peress, Executive Vice President of Hilco Streambank.
Honeywell Completes Acquisition of Sundyne to Expand Process Industry CapabilitiesThe $2.16 billion acquisition of Sundyne expands Honeywell's ESS product portfolio and aftermarket services, integrating critical equipment with automation and control systems powered by Honeywell Forge
Different approach to aerospace and defense program performance could cut costs by 30% and compress delivery timelines by 50%, Bain analysisWith a new executive order now requiring the US Department of Defense to scrutinize major programs that are 15% or more behind schedule or over budget, defense contractors must now act quickly to improve their efficiency and doing so would reap material benefits.
Shutterstock Receives Stockholder Approval for Proposed Merger with Getty ImagesStockholder approval marks an important milestone in the process of combining Shutterstock and Getty Images to create a premier visual content company. The combined company will be well-positioned to meet the ever-changing needs of customers through combined investment in content creation, event coverage, and product and technology innovation.
Visa, Street Soccer USA and Bank of America Join Forces to Expand Access to Soccer in Communities Across the United StatesHarnessing the unifying power of soccer, the companies will provide open park space in six cities to bring people together, foster youth development, and strengthen community ties through sport and purpose-driven programming.
BOXABL Announces Intent to Merge with a SPAC, Targeting Nasdaq ListingThe Proposed Transaction represents a significant step forward in BOXABL's mission to revolutionize affordable, sustainable housing. BOXABL currently has over 50,000 investors, representing an aggregate investment of over $200 million, who have shown support for BOXABL's mission and vision.
PayPal USD (PYUSD) Plans to Use Stellar for New Use CasesStellar is a blockchain designed for fast, low-cost payments and real-world utility. By potentially expanding to Stellar, PYUSD leverages the network's speed, low transaction costs, and ease of integration to enhance its utility for real-world payments, commerce, and micro-financing, offering an additional option to Ethereum and Solana.
Bybit Fast Tracks Payment and Spending Rewards with Unified Program for Bybit Pay and Bybit CardBrand new on Bybit Pay and an upgrade on Bybit Card, the new rewards program offers one rewards track and two ways to spend. Users may switch between Bybit Pay and Bybit Card based on preferences, take advantage of the latest promotions on respective platforms, and put their rewards ambition on the fast track.
Wealthbox Secures $200 Million Investment from Sixth Street Growth to Accelerate Expansion and Innovation The partnership marks a major milestone in Wealthbox's evolution and positions the company to further scale its operations, accelerate product development, and expand its footprint across the wealth management industry.
For more news like this, check out all of the latest finance-related releases from PR Newswire.
Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.
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.
View original content to download multimedia:https://www.prnewswire.com/news-releases/weekly-recap-13-finance-press-releases-you-need-to-see-302480713.html
SOURCE PR Newswire
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
3 hours ago
- Yahoo
I rolled over my 401(k) and was taxed and charged a penalty. What happened?
I rolled over my 401(k) last year and my company automatically withheld $15,000 for taxes. I got the remainder (about $60,000) into my IRA way ahead of the 60-day deadline, but my accountant insists that I owe a $1,500 penalty because of the withholding. That doesn't seem right or fair. What can I do about this? —Ticked off in Tempe My husband is in hospice care. Friends say his children are lining up for his money. What can I do? These defense stocks offer the best growth prospects, as the Israel-Iran conflict fuels new interest in the sector Walmart's stock looks like it's in trouble. What the chart says may come next. 'He failed in his fiduciary duty': My brother liquidated our mother's 401(k) for her nursing home. He claimed the rest. My mother-in-law thought the world's richest man needed Apple gift cards. How on Earth could she fall for this scam? This happens often in part because the terminology is confusing. Unfortunately, unless an exception applies, I don't think you can do anything about it if you were under age 59½ at the time the money came out of the 401(k). If you were over age 59½ the penalty should not apply but there is still a tax consequence. Nonetheless, you can prevent this from happening again with future rollovers. If a distribution is deposited into another plan or IRA within 60 days of receipt, there is no tax. The default for 401(k)s and some other retirement plans is to withhold 20% for taxes from distributions out of the plan. This is called 'mandatory withholding,' but it is not truly mandatory as I'll discuss in a bit. (Note this 20% withholding regime does not apply to distributions out of IRAs.) Read: I transferred company stock out of an old 401(k). Now I'm worried I'm facing a nasty tax surprise. What I suspect happened here is that the plan distributed $75,000 but only $60,000 got to the IRA because $15,000 went to Uncle Sam via withholding. The $15,000 withheld was therefore distributed, but not rolled over. Any portion of the distributed amount that are not redeposited in time becomes taxable income and the 10% penalty will apply if you are under 59½. Look closely at your return and you should see $15,000 of taxable income included on Line 5b. Not only are you subject to the penalty, you paid income tax on that $15,000, too. The taxes and penalty could have been avoided if you had deposited $15,000 from other funds in the IRA within the 60-day window. The easiest way to avoid this in the future is to do rollovers as 'direct' rollovers, also called 'direct transfers' or 'trustee to trustee transfers.' Direct rollovers enable a transfer with no tax withholding, so all the funds end up in the receiving account. Rolling over funds this way eliminates the issues with both the 60-day clock and the once per 12-month rules that apply to indirect IRA to IRA rollovers. With a direct rollover the check will not be payable to you. Instead, it will be made payable to the receiving firm and account even if it is mailed to you. These checks would read something like 'Payable to XYZ company FBO (for benefit of) the John Doe IRA.' Though the 20% withholding is described as 'mandatory' 401(k) plans must offer the option to perform rollovers as direct transfers with no withholding. 'I am getting very frustrated': My mother's adviser has not returned my calls. He manages $1 million. Is this normal? I'm in my 80s and have 2 kids. How do I choose between them to be my executor? Gundlach says gold is no longer for lunatics as the bond king says wait to buy the 30-year 'It might be another Apple or Microsoft': My wife invested $100K in one stock and it exploded 1,500%. Do we sell? 'I was pushed out of her life when she was 18': My estranged daughter, 29, misuses drugs. Should I leave her my Roth IRA? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Motor 1
10 hours ago
- Motor 1
'At AutoZone and O'Reilly's This Is Like $40:' Man Says You Should Buy Your Motor Oil at Walmart. Then He Shows Why
A Walmart shopper was astounded by the cost of oil products at the ubiquitous retailer. Giant (@thegiantant) recorded his shock at seeing how much more competitively priced its offerings were compared to other stores. In a video that's accrued nearly 25,000 views as of this writing, he revealed his disbelief. So is he onto something? Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . In the video, Giant records himself in the automotive section of a Walmart. As he records various bottles of motor oil , he expresses disbelief over the prices. 'Yo I didn't know if this is true or not, but look. At Walmart, this [expletive] like $5 bro.' While saying this, he punches into the price tag of a red quart-sized bottle of Ford Motorcraft oil. The sticker indicates it sells for $5.82. He says the prices of other brands are low as well. Next, he walks over to a separate shelf that displays larger containers of oil. A 1.25 gallon container of Ford Motorcraft SAE 5W-30 oil retails for $25.87. 'That's insane bro. At like AutoZone and O'Reilly this [expletive] like forty bucks, bro,' Giant says. 'Maybe like $35. But like, oil at Walmart is like just a cheat code, bro. Like, it's insane.' Both O'Reilly's and AutoZone's websites state that they sell 1.25 gallon containers of Ford Motorcraft SAE 5W-30 oil for $35.99—more than $10 more than Walmart. Changing Your Own Oil Trending Now This Woman Is Fighting For Your Right To Honk Your Horn There's a Legit Ford GT40 For Sale On Bring a Trailer Right Now Maintenance costs for vehicles vary greatly, depending on the make and model of the car. When it comes to an oil change, the price is affected by whether you choose conventional, synthetic blend, or full synthetic oil. And if your car has a bigger engine, you're going to need more oil, which can also jack up the cost. The price charged by a mechanic or dealer can also vary widely. For instance, if you bring a Porsche 911 into an authorized service center, expect to pay an eye-watering $532-$565, according to RepairPal. Thankfully, most oil changes cost significantly less. Bankrate reports that the average cost of an oil change ranges anywhere from $35-$75 for conventional fluid. If you're opting for synthetic oil, however, that charge jumps up to $65-$125. To avoid these costs, people like Giant change it themselves. You'll have to buy the tools upfront, but these will pay for themselves with the money you save after a few oil changes. However, if changing oil yourself isn't a viable solution, there's still a way to save money on oil changes. Some service centers allow you to bring your own oil. Money Genius writes that the cheapest place to buy oil is Costco. The retailer purportedly sells two 1.25-gallon jugs of its Kirkland Full Synthetic 5W30 oil for $49.99, or roughly $25 apiece, just a few cents less than the Walmart product in Giant's clip. Money Genius notes that Walmart also offers low-cost oil and says Amazon is another place you can find oil on the cheap. Walmart motor oil: A Well-Kept Secret or Common Knowledge? While Giant was obviously surprised by how cheap oil is at Walmart, it's not exactly a state secret. As one person put it: 'I ain't goin lie bro you so late.' Another person questioned why anyone would buy oil at an auto supply store. 'Who the hell buys oil at auto parts stores?' 'Wait till you get a load of Costco oil,' a third wrote. Motor1 has reached out to Walmart via email and Giant via TikTok comment for further information. We'll update this article if either party gets back to us. More From Motor1 Woman Gets Dealership Oil Change For Her Brand-New Toyota Tundra. Then She Catches the Technician In a Lie Here's Why Mechanics Hate Sending You Videos. And Why They're Wrong The McLaren P1's Designer Thinks the Alfa Romeo 33 Stradale Is 'Stunning' Mazda Miata Owners Barely Drive Their Cars: Study Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
Yahoo
12 hours ago
- Yahoo
Polyshine Solar Shines at SNEC 2025 with Five Application- Specific Solutions
SHANGHAI, June 14, 2025 /PRNewswire/ -- The global PV and energy storage industry event, 2025 SNEC PV&ES was held in Shanghai, China. As an innovative leader in the field of lightweight PV modules, Polyshine Solar brings five application-specific solutions, enabling global industry professionals offered by lightweight PV Technology. New product debut: JG-Series Lightweight and flexible is the result of Polyshine solar's market research. Over the past few years, We have focused on solving application for low- load and curved surfaces. However, our observations reveal that "lightweight" is the core demand for most application scenarios. The JG-Series lightweight module utilizes a 1.1mm ultra-thin glass package, reducing weight by over 50% compared to traditional modules. With a module conversion efficiency of up to 23.3%, it provides a more cost-effective lightweight solution for a wider range of rooftops. Five Application-Specific Solutions Scenario 1: High Energy Consumption Plant Polyshine Solar's lightweight innovative solution addresses common challenges in traditional high energy-consumption plants, such as insufficient load-bearing capacity and curved structures. Weighing less than 5.5 kg/sqm, it significantly reduces roof pressure. With a 0.5m bending radius, it conforms to curved surfaces. Furthermore, its self-cleaning coating reduces PV plant maintenance, lowering operational costs and increasing revenue. Scenario2: Traffic Sound Barrier Noise Noise reduction, power generation, lightweight, safety! Polyshine Solar's traffic photovoltaic solution is designed for elevated roads. Using ultra-lightweight and safe materials, it combines noise reduction with high-efficiency power generation. This transforms road sound barriers from basic infrastructure into revenue generators! Scenario 3: Harbor Art Museums Art museums by the sea demand unique aesthetics, while the hot and humid coastal climate presents an extreme challenge for photovoltaic modules! Polyshine Solar's customizable color module solution meets the aesthetic requirements of landmark buildings. Our patented encapsulation technology reliably withstands harsh seaside environments. Scenario 4: Flower Market Polyshine Solar's double-sided translucent, lightweight, and flexible PV modules feature customizable light transmittance. Generating power on both sides to capture solar energy, they simultaneously provide optimal lighting conditions for crop growth. Scenario5: Balcony PV Struggling with difficult installation and high labor costs for residential PV solutions? Polyshine solar's balcony-specific PV module are designed for easy installation: simply secure them using cable ties. A single module can be installed by one person in just two minutes. They adapt to various balcony and garden railing, making it easy to start generating solar income. "Where light exists, there is Polyshine! " View original content to download multimedia: SOURCE Polyshine Solar CO.,LTD Sign in to access your portfolio