Goldman to Wind Down ETF Accelerator, Shift Servicing to Tidal
Goldman Sachs Group Inc. will wind down its ETF Accelerator platform that helped asset managers launch, list and oversee exchange-traded funds, transferring servicing responsibilities for trusts that house about $5 billion of the products to Tidal Financial Group.
Tidal will take over servicing — which can include back-office tasks such as trade-execution support and compliance, among other things — for two trusts that house 12 ETFs launched under the Accelerator unit, the firms confirmed to Bloomberg News.
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Associated Press
an hour ago
- Associated Press
New York and Minnesota still leading the way, both unbeaten Commissioner's Cup play begins
Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] NEW YORK (AP) — The New York Liberty and Minnesota Lynx picked up right where they left off last season when reaching the WNBA Finals. Both teams have gone undefeated so far this year with the Lynx improving to 8-0 with a win over Phoenix on Tuesday night in a Commissioner's Cup matchup. The Liberty and Lynx faced off last season in the in-season tournament final with Minnesota coming away with the victory. New York got revenge, winning the WNBA championship for the first time in franchise history. With Minnesota 8-0 and New York 7-0 this season, it marks the latest that more than one franchise had been undefeated this long into the season since both the Lynx and Los Angeles Sparks started 2016 winning their first 11 games. New York has dominated its opponents so far, averaging 91.9 points a game, and winning by nearly 23 points a contest. That includes a 48-point victory over Connecticut , the second-largest margin of victory in WNBA history. Minnesota has been finding ways to win close contests. Before beating Golden State by 11 on Sunday, the Lynx had won their previous four games by a total of 18 points. The Lynx and Liberty won't play in the regular season for a few more months with their four matchups coming in the span of a few weeks — the first of which is on July 30. Power poll rankings New York led the way as the No. 1 team in the power poll again this week. Minnesota was right behind in second. The national voting panel chose Phoenix third and Atlanta fourth. The Dream moved up three places. Las Vegas, Seattle and Indiana were the next three. Washington, Golden State and Chicago followed. Los Angeles, Dallas and Connecticut rounded out the poll. Commissioner's Cup The WNBA will play its annual in-season tournament over the next few weeks. Each team will play the other teams in their conference one time during that window. The West will have six games with the addition of expansion team Golden State. The East will play five. The teams with the best record in each conference will face off in the title game. The winning team receives a $500,000 cash prize pool to divvy up as well as each player on that squad will get $5,000 in cryptocurrency from Bitcoin. Player of the week Allisha Gray of Atlanta earned Player of the Week honors for the second time in her career. The Dream guard, who also won the award in June 2023, averaged 26.5 points, 4.5 rebounds and 4 assists to help Atlanta win both its games last week on the road over Los Angeles and Seattle. Other players receiving consideration included A'ja Wilson of Las Vegas, Napheesa Collier of Minnesota and Sabrina Ionescu of New York. Game of the week Indiana at Chicago, Saturday. Caitlin Clark may still be sidelined with a quad strain for this rematch between the Fever and Sky. The game will be broadcast on CBS in primetime, the first for the network in WNBA history. ___ AP WNBA:
Yahoo
an hour ago
- Yahoo
Avista Healthcare Partners Acquires EBI from Highridge Medical, Marking 50th Platform Investment
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Yahoo
an hour ago
- Yahoo
Restaurant known for tacos now on Tacoma Mall's store directory as ‘Coming Soon'
A restaurant specializing in tacos is adding another location in Tacoma. Taco Street is now listed on the Tacoma Mall's merchant page as 'Coming Soon.' Its location is in the Food Court across from The Drop. Taco Street also operates at the Waterfront Market at Point Ruston, 5101 Yacht Club Road. Elonka Perez is executive chef, owner and founder of Taco Street. Perez told The News Tribune in May in response to questions that the brand was 'planning a new location in Tacoma. Timing is closer to August/September.' Taco Street is among several new merchants joining the mall's roster this year, including Seoul Bowl (also in the Food Court), Pop Mart and Lovesac (in the upcoming mall Village). New York-based Gregorys Coffee opened its first Pierce County location at the mall this spring. The mall continues work on its new Village concept outside the main building and is set to open later this fall. The Village will include Dave's Hot Chicken, Shake Shack, Supreme Dumplings, Simply Thai restaurant, Happy Lamb Hot Pot and Gong Cha bubble tea. In May, a notice on Taco Street's website said that the brand's Seattle location, in operation for eight years, would transform into a commissary kitchen 'effective immediately.' The restaurant's announcement cited issues with parking, staff safety and rising costs that 'made it unsustainable to keep operating as a quick-service restaurant.' The notice added, 'While the doors may be closing to regular public service, we will still be offering catering and private event hosting upon request.' As for a second Tacoma location, the notice stated, 'With change, comes new opportunity! We are thrilled to announce that we will be opening a new location in Tacoma this fall.'
