
Stock Bulls Face June Reckoning After May's Meltup
Pricey valuations, muted demand for hedges and stretched investor positioning have left stocks vulnerable to a pullback, said Jeffrey Hirsch, editor of the Stock Trader's Almanac.
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13 minutes ago
- Yahoo
Ramsey Theory Group Transforms Real-Time P&L Tracking for Contractors with New AI-Powered Upgrade to Its Erdos Tracks Platform
Dan Herbatschek, Ramsey Theory Group CEO & Founder, announces that the enhanced platform now integrates bidding, quoting, project management, dispatch, fleet, and analytics with AI-driven job costing for complete financial visibility. NEW YORK, Aug. 18, 2025 /PRNewswire/ -- Ramsey Theory Group, a leading provider of software development, quantitative analysis, information technology, cybersecurity, digital marketing, and product development, announced today a major upgrade to Erdos Tracks, the contractor-focused platform designed to provide real-time profit and loss (P&L) insights. The AI-powered platform, built for contractors in the field service industry, integrates CRM, ERP, bid management, job tracking, dispatch, fleet management, and automated job costing. This enhanced release provides contractors with real-time visibility into profitability, while expanding the system's capabilities with AI-powered job costing and advanced analytics, giving contractors unmatched visibility into their operations and financial performance. "We have completely eliminated the need for contractors to run their business on guesswork," said Dan Herbatschek, CEO & Founder of Erdos Tracks. "With this upgrade, we've combined project tracking, financial intelligence, and AI into one system — giving contractors the clarity they need to protect margins and grow with confidence." Unlike traditional software that only captures job data in silos, Erdos Tracks covers the entire project lifecycle — from bidding and quoting to line-item creation, project management, dispatch, and fleet management. This end-to-end tracking ensures contractors have a clear view of profitability at every stage of a job. The upgrade also introduces powerful analytics tools that allow contractors to measure profitability by region, project manager, time period, and more. By surfacing trends and performance drivers, Erdos Tracks helps businesses make data-driven decisions to maximize margins and scale efficiently. At the core of the platform is AI-driven job costing, which automates financial calculations in real time. Contractors can see live P&Ls on active projects instead of waiting until completion — a game-changing advantage in an industry where profit can vanish in the details. With these enhancements, Erdos Tracks strengthens its position as a leading technology partner for the field service industry, helping contractors unify operations, improve efficiency, and achieve sustainable growth. Visit to learn more. About Ramsey Theory GroupFounded by entrepreneur and technology innovator, Dan Herbatschek, Ramsey Theory Group leverages its expertise in software development, quantitative analysis, information technology, cybersecurity, digital marketing, and product development to better help organizations optimize their workflow. Working alongside entrepreneurs, the firm bridges the gap between business and software engineering matters - translating the vision of organizations into technologically executable problems. Based in New York, the Ramsey Theory Group specializes in Data-Intensive Application Design, Data Engineering, Business Intelligence, Custom Optimization, Mathematical & Statistical Modelling, Software Development, Data Visualization, Blockchain Development, Blockchain Consultancy, and Web and Mobile Application Development. Media ContactRia Romano, PartnerRPR Public Relations, 786-290-6413 View original content to download multimedia: SOURCE Ramsey Theory Group
Yahoo
13 minutes ago
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AIG Appoints Scott Hallworth as Chief Digital Officer
NEW YORK, August 18, 2025--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that Scott Hallworth will be joining AIG as Chief Digital Officer, effective September 1. In this role, Mr. Hallworth will be responsible for leading AIG's digital, data and GenAI strategy, with a focus on continuing to drive enterprise-wide standards and scaling GenAI across the company. Mr. Hallworth will join AIG on September 1, 2025, and will become a member of AIG's Executive Leadership Team. He will be based in New York and will report to Claude Wade, Executive Vice President, Chief Digital Officer and Global Head of Business Operations & Claims until the end of the year. At that time, Mr. Wade will step down from his current responsibilities to address ongoing health issues and will transition to an advisory role. Beginning January 1, 2026, Mr. Hallworth will report directly to Peter Zaffino, Chairman & CEO, AIG. Mr. Zaffino said, "Scott Hallworth brings a deep, technical background in digital, GenAI and actuarial capabilities to AIG. He is an accomplished leader with broad expertise, supported by over 30 years of experience leading enterprise-wide digital and data strategies across the technology, banking and insurance industries. His distinguished track record of bringing GenAI to market and scaling across complex organizations makes him exceptionally well-qualified to join AIG at this exciting time as we continue to shape the future of our company and the industry." Mr. Hallworth joins AIG from Hewlett Packard Inc. He is a seasoned senior executive with significant expertise in technology and financial services. He has served as Chief Data Officer at Fortune 500 companies including HP Inc. and Capital One. Mr. Hallworth also brings deep insurance and risk management expertise, having held executive roles at insurance companies, including Travelers, where he was Senior Vice President & Chief Actuary. Mr. Hallworth said, "I am honored to join AIG and to work with Peter Zaffino and his leadership team to accelerate this next chapter of growth for the company. AIG has a strong foundation in data and digital innovation, and I am excited to collaborate with the team to leverage the continuous advancements in GenAI to drive innovation and impact at scale." Commenting on Claude Wade, Mr. Zaffino said, "I want to thank Claude for his tremendous contributions to AIG during his tenure and the lasting impact he has had on our company. His leadership in driving enterprise standards in our global operations, along with establishing our data, digital and AI foundation has been profound, and we will benefit from Claude's work for years to come. On a personal note, I wish Claude and his family all the best. We are fortunate that AIG will continue to benefit from his expertise and perspective in the future." Mr. Wade added, "It has been a privilege to be a part of AIG during the company's extraordinary journey and return to industry leadership. I am very proud of the progress we have made, and I am deeply grateful to Peter Zaffino for the incredible opportunity to lead the Digital, Operations and Claims organization. I look forward to welcoming Scott to AIG as we accelerate our global deployment of AI and other technologies." About AIG American International Group, Inc. (NYSE: AIG) is a leading global insurance organization. AIG provides insurance solutions that help businesses and individuals in more than 200 countries and jurisdictions protect their assets and manage risks through AIG operations, licenses and authorizations as well as network partners. For additional information, visit This website with additional information about AIG has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release. AIG is the marketing name for the worldwide operations of American International Group, Inc. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds. View source version on Contacts Quentin McMillan (Investors): Leah Gerstner (Media):
Yahoo
13 minutes ago
- Yahoo
SAMBAZON Announces Ten-Store Agreement for Cincinnati Market
Master Wing Snob Franchisee and Veteran C-Store Operator Adds Global Açaí Leader to Portfolio SAMBAZON Announces Ten-Store Agreement for Cincinnati Market SAN CLEMENTE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- SAMBAZON®, the pioneer and industry leader in Açaí-based food and beverages, has announced its franchise agreement with Açaí OH, to bring 10 new Açaí bowl shops in the next five years to Cincinnati and the surrounding area. The first location is expected to open in Cincinnati during Q1 of 2026, which will mark the company's first brick-and-mortar location in the Midwest. Açaí OH is led by veteran operator Parin Chokshi. For nearly 20 years, Parin has led operations at various retail and convenience stores, while serving as a master franchisee of Wing Snob in the greater Cincinnati area. Parin's organization has thrived by taking a hands-on, active approach to building restaurants, versus constantly managing from an off-site location. 'SAMBAZON's ability to offer a flexible footprint, their product and supply chain are all best-in-class assets, and there's a tremendous first-mover advantage that our organization is capitalizing on,' said Parin. 'Açaí is a growing category, and we feel fortunate to partner with SAMBAZON to bring delicious bowls across the Midwest.' For more information about SAMBAZON's franchise program, visit About SAMBAZONSAMBAZON Açaí Bowls is a modern fast food concept from SAMBAZON, the pioneer and recognized global leader in Açaí. At the heart of every bowl and smoothie is SAMBAZON's organic and Fair Trade certified Açaí, wild harvested and produced in SAMBAZON's two advanced, eco-friendly processing facilities in Brazil, upholding the highest standards of quality and traceability 'from the palm of the tree to the palm of your hand.' Recognized in 2024 by Condé Nast Traveler as one of the world's 'Unforgettable Airport Meals,' the menu features handcrafted Açaí bowls, superfood smoothies, and savory snacks like traditional Brazilian cheese bites. The company has spent the past two decades building the most transparent and well-respected supply chain in the world and is now leveraging its best-in-class supply chain and executive team to create the next generation of healthy quick-service locations. To learn more about SAMBAZON, visit or follow @sambazon on Instagram. SAMBAZON Media Contact:Blythe Beaubien blythe@ 415-680-0821 A photo accompanying this announcement is available at