Saturday - May 16, 2026
Businesses

Here's a look at documents from U.S. and international businesses

Featured Stories

Samantha Lauri and Kenneth Page Author Article Dissecting Potential Impact of Mamdani Estate Tax Proposals in the New York Law Journal
NEW YORK, May 16 -- Hughes Hubbard and Reed, a law firm, issued the following news:

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Samantha Lauri and Kenneth Page Author Article Dissecting Potential Impact of Mamdani Estate Tax Proposals in the New York Law Journal

Highlights

* The article breaks down potential impacts of new estate tax proposals by New York City Mayor Zohran Mamdani and New York Governor Kathy Hochul.

* The authors explore how these proposals could expand estate tax exposure for both residents and nonresidents and highlight the importance of proactive estate planning.

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Samantha Lauri and Kenneth Page authored ... Show Full Article

Raj Rajaraman Receives Accolade for Tuberous Sclerosis Complex Care at UCLA Mattel Children's Hospital
LOS ANGELES, California, May 16 -- The UCLA Health issued the following news release:

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Dr. Raj Rajaraman receives accolade for tuberous sclerosis complex care at UCLA Mattel Children's Hospital

Dr. Rajsekar Rajaraman, associate professor of pediatric neurology at the UCLA Mattel Children's Hospital and director of the UCLA Tuberous Sclerosis Complex (TSC) Center of Excellence, was awarded the TSC Champion award by the TSC Alliance for his outstanding care for patients with tuberous sclerosis complex (TSC). The UCLA TSC Center of Excellence takes care of approximately 200 children and adults ... Show Full Article

Morgan Stanley Declares Dividends on Its Preferred Stock
NEW YORK, May 16 -- Morgan Stanley, a multinational financial services corporation, issued the following news release on May 15, 2026:

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Morgan Stanley Declares Dividends on Its Preferred Stock

Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues:

* Floating Rate Non-Cumulative Preferred Stock, Series A - $292.89 per share (equivalent to $0.292888 per Depositary Share)

* 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share

* Fixed-to-Floating Rate Non-Cumulative Preferred Stock, ... Show Full Article

Gartner Predicts by 2027, 50% of Enterprises Without a People Centric AI Strategy Will Lose Their Top AI Talent
STAMFORD, Connecticut, May 16 (TNSrep) -- Gartner, an information technology research and advisory company, issued the following news release:

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Gartner Predicts by 2027, 50% of Enterprises Without a People Centric AI Strategy Will Lose Their Top AI Talent

Organizations Must Address Four Workforce Dynamics to Achieve AI Results

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By 2027, half of enterprises lacking a comprehensive AI people strategy will lose their top AI talent to competitors who prioritize workforce enablement over basic adoption, according to Gartner, Inc., a business and technology insights company.

The Gartner Global ... Show Full Article

Fisher Phillips Issues Insight: DOL Rescinds Biden-Era Overtime Rule - Cementing $35k Salary Threshold
ATLANTA, Georgia, May 16 -- Fisher Phillips, a law firm, issued the following insight on May 15, 2026:

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DOL Rescinds Biden-Era Overtime Rule: Cementing $35k Salary Threshold

The Biden-era Labor Department rule that aimed to dramatically expand overtime pay eligibility is officially wiped off the books. Yesterday, the agency issued a technical amendment to remove the rule, which had already been struck down in court, from its regulations. The defunct 2024 rule would have raised the earnings threshold under which certain salaried executive, administrative, and professional employees are owed ... Show Full Article

Eastman Increases Esters Prices on June 1st, 2026
KINGSPORT, Tennessee, May 16 -- Eastman Chemical Co. issued the following news release:

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Eastman increases Esters prices on June 1st, 2026

Effective June 1, 2026, or as contracts allow, Eastman Chemical Company is announcing price increases in NAR and LAR for the following products:

* Eastman(TM) n-Butyl Acetate, all grades and packages, excluding Eastapure: USD 0.15/lb (USD 0.33/kg)

* Eastman(TM) n-Propyl Acetate, all grades and packages: USD 0.15/lb (USD 0.33/kg)

* Eastman(TM) PM Acetate, all grades and packages, excluding Eastapure: USD 0.15/lb (USD 0.33/kg)

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About Eastman

Founded ... Show Full Article

Cessna SkyCourier to Support Expanded Inter-Island Service for AIR Marshall Islands
WICHITA, Kansas, May 16 -- Textron Aviation, a subsidiary of Textron, posted the following news release:

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Cessna SkyCourier to support expanded inter-island service for AIR Marshall Islands

The Cessna SkyCourier has reached a new milestone with the recent delivery of the first aircraft into the Republic of the Marshall Islands (RMI). The 19 passenger variant delivered to AIR Marshall Islands Inc. (AMI) is equipped with the optional passenger to freighter conversion kit, enabling the aircraft to transition between full passenger and full cargo configurations. The delivery marks a significant ... Show Full Article