services

Last week, HBO Max announced it raised its standard subscription by $1.50 to $18.49 a month — up 23% from when the streaming service launched five years ago amid the pandemic.

Such announcements have become almost routine in the television business as inflation hits streaming platforms that are under growing pressure to turn a profit and pay for higher programming costs.

Once seen as a cheaper alternative to cable, the cost of a streaming subscription for the top platforms continues to rise, much like higher prices for groceries, gasoline and housing.

In fact, the average price for subscriptions to the top 10 paid subscription streaming services in the U.S. increased 12% this year, following double-digit percentage increases per year since 2022, according to Victoria, British Columbia-based Convergence Research Group.

The research firm included streamers such as Netflix, Disney+, Hulu, Peacock, Apple TV and others in its data set. It factors subscriptions that are with ads or ad-free and does not take into account bundling. All of the major streaming services in the U.S. raised their prices on plans this year, except for Paramount+ and Amazon Prime Video, which boosted rates last year.

The price hikes reflect the tough economic realities of media companies that need to replace dwindling revenue from legacy pay TV channels that have seen sharp declines in viewership.

“The rest of their businesses have effectively been under attack by streaming and so they need this area to be profitable in order to compensate for the decline in their own businesses,” said Brahm Eiley, president of the Convergence Research Group. “It’s been tremendous pressure on them.”

Streaming services have been running as loss leaders for some time, said Tim Hanlon, chief executive of Vertere Group LLC, a media consulting firm.

“There’s no question that streaming is now under the gun to be its own profit center,” Hanlon said.

If rates go much higher, consumers may balk, experts said.

“The industry is playing a dangerous game by continuing to raise prices,” said Andrew Hare, senior vice president for the media research consultancy Magid. “We’re nearing a boiling point of rising churn and overwhelming choice.”

Magid has also already seen an uptick in the percentage of consumers who intend to cancel at least one streaming service in the next six months. The figure was 24% in the second quarter of 2025, up from 19% a year earlier.

“Hard as it is to imagine, the cable bundle is starting to look like a better value all the time,” Hare said.

Here is a look at which major streamers have raised prices on their ad-free streaming plans this year.

HBO Max

HBO Max raised prices across all of its plans. Its lowest-cost, ad-free streaming plan went up by $1.50 to $18.49 a month, while the annual version of that plan also increased $15 to $184.99.

HBO Max’s parent company, Warner Bros. Discovery, had 125.7 million global streaming subscribers in the second quarter, up 22% from a year earlier.

Like other streamers, HBO cited the need to help pay for quality content. The platform offers big-budget shows including drama “The Gilded Age” and “House of the Dragon,” which takes place in the “Game of Thrones” universe.

Consumers should brace themselves for more price hikes. Warner Bros. Discovery CEO David Zaslav said at a Goldman Sachs investors conference last month that he believes HBO Max is underpriced.

“We want a good deal for consumers, but I think over time there’s real opportunity, particularly for us in that quality area to raise prices,” Zaslav said.

Peacock

Big-time sports properties have been moving to streaming platforms and guess who is going to help foot the bill? Consumers, of course.

Ahead of becoming a major provider of NBA games this season, Peacock increased prices on its plans, including the premium plus ad-free streaming service, by $3 to $16.99 a month. That was the third price hike since Peacock launched in 2020, where its ad-free plan started at $9.99 a month.

The Comcast-owned streamer, which has 41 million paid subscribers, has weekly games on Mondays and Tuesdays and will have a Peacock exclusive NFL game on Dec. 27. Peacock next year will air the Milan Cortina Winter Olympics and continue to stream major sporting events such as NFL games.

In a July earnings call, Comcast Corp. President Mike Cavanagh touted how Peacock will have the most hours of live sports of any streamer next year.

Netflix

Netflix has also gotten into the sports business, with the addition of two NFL games on Christmas Day.

The streamer, which remains the industry juggernaut, is also expected to add Major League Baseball’s Home Run Derby and an opening night game when MLB finalizes a new media rights deal this year.

The company cited its entry into high-priced sports when it raised its prices on most of its plans, including on its cheapest ad-free monthly plan by $2.50 to $17.99 in the U.S. earlier this year.

“As we continue to invest in programming and deliver more value for our members, we will occasionally ask our members to pay a little more so that we can re-invest to further improve Netflix,” Netflix said in a letter to shareholders in January.

The slice of sports is coming at the expense of fans who need multiple subscriptions — if they want to keep up with every NFL game.

“A certain type of fan is starting to recognize they are being fleeced,” Hanlon said.

Higher prices on ad-free plans can help drive traffic to a streamer’s lowest-priced plans with ads. Netflix launched its subscription plan with ads in 2022 at $6.99 a month and it has only increased by a $1 to $7.99 a month since then in January 2025.

While many major streamers offer cheaper plans with ads, others offer free streaming services with ads such as the Roku Channel or Tubi.

A recent research study by Magid found that three-quarters of consumers are fine with watching commercials, if it saves them money.

Four in 10 said they’re “overwhelmed” by the number of services they use. The average number of streaming subscriptions per household in the third quarter is 4.6, up from 4.1 the previous year.

“Together, these trends point to a more value-driven streaming consumer seeking affordability and simplicity,” the study said.

Apple TV

Apple TV was once one of the lowest-priced subscription service plans, launching at $4.99 a month. Since then, prices for Apple’s video streaming service have increased to $12.99 a month, with its latest price jump of $3 in August.

The Cupertino-based company has been trying to make its streaming business more financially sound, but faces a formidable task as it has been a big spender in attracting name talent to its programs and movies.

When Apple TV first launched, it had just nine programs, but since then has expanded its library to include critically acclaimed shows and films including comedy “Ted Lasso,” drama “Severance” and “The Studio.”

Apple said in a statement that while it did raise its prices on its standard monthly ad-free plan, the cost of its annual subscription remains at $99 and Apple One bundled packages did not change.

Disney+

Last month, Disney+ announced it would increase the cost of its ad-free streaming plan by $3 to $18.99 a month. Hulu did not increase its price on its ad-free monthly streaming plan.

It was the fourth consecutive year the Burbank entertainment giant has boosted its streaming prices since launching Disney+ six years ago, when the service cost just $6.99 a month.

Despite the recent price hikes from Disney and others, Eiley from Convergence Research Group thinks there’s still room for customer growth.

At the end of last year, just 36% of U.S. households had a traditional TV subscription, compared with more than half of U.S. households in mid-2022, according to Convergence Research Group data. By the end of 2028, the research firm forecasts just 21% of households will have traditional TV subscriptions.

“There’s still a massive amount of cord cutting going on,” Eiley said.

Pregnancy centers in the U.S. that discourage women from getting abortions have been adding more medical services — and could be poised to expand further.

The expansion — including testing and treatment for sexually transmitted infections (STIs) and even providing primary medical care — has been unfolding for years. It gained steam after the Supreme Court overturned Roe vs. Wade three years ago, clearing the way for states to ban abortion.

The push could get more momentum with Planned Parenthood closing some clinics and considering shutting others after changes to Medicaid. Planned Parenthood is not just the nation’s largest abortion provider, but also offers cancer screenings, sexually transmitted infection testing and treatment, and other reproductive health services.

“We ultimately want to replace Planned Parenthood with the services we offer,” said Heather Lawless, founder and director of Reliance Center in Lewiston, Idaho. She said about 40% of patients at the antiabortion center are there for reasons unrelated to pregnancy, including some who use the nurse practitioner as a primary caregiver.

The changes have frustrated abortion rights groups, who, in addition to opposing the centers’ antiabortion messaging, say they lack accountability; refuse to provide birth control; and offer only limited ultrasounds that cannot be used for diagnosing fetal anomalies because the people conducting them don’t have that training. A growing number also offer unproven abortion-pill reversal treatments.

Because most of the centers don’t accept insurance, the federal law restricting release of medical information doesn’t apply to them, though some say they follow it anyway. They also don’t have to follow standards required by Medicaid or private insurers, though those offering certain services generally must have medical directors who comply with state licensing requirements.

“There are really bedrock questions about whether this industry has the clinical infrastructure to provide the medical services it’s currently advertising,” said Jennifer McKenna, a senior advisor for Reproductive Health and Freedom Watch, a project funded by liberal policy organizations that researches the pregnancy centers.

Post-Roe world opened new opportunities

Perhaps best known as “crisis pregnancy centers,” these mostly privately funded and religiously affiliated centers were expanding services such as diaper banks ahead of the Supreme Court’s 2022 Dobbs vs. Jackson Women’s Health Organization ruling, which overturned Roe.

As abortion bans kicked in, the centers expanded medical, educational and other programs, said Moira Gaul, a scholar at the Charlotte Lozier Institute, the research arm of SBA Pro-Life America. “They are prepared to serve their communities for the long term,” she said in a statement.

In Sacramento, for instance, Alternatives Pregnancy Center in the last two years has added family practice doctors, a radiologist and a specialist in high-risk pregnancies, along with nurses and medical assistants. Alternatives — an affiliate of Heartbeat International, one of the largest associations of pregnancy centers in the U.S. — is some patients’ only health provider.

When the Associated Press asked to interview a patient who had received only non-pregnancy services, the clinic provided Jessica Rose, a 31-year-old woman who took the rare step of detransitioning after spending seven years living as a man, during which she received hormone therapy and a double mastectomy.

For the last two years, she’s received all her medical care at Alternatives, which has an OB-GYN who specializes in hormone therapy. Few, if any, pregnancy centers advertise that they provide help with detransitioning. Alternatives has treated four similar patients over the last year, though that’s not its main mission, director Heidi Matzke said.

“APC provided me a space that aligned with my beliefs as well as seeing me as a woman,” Rose said. She said other clinics “were trying to make me think that detransitioning wasn’t what I wanted to do.”

Pregnancy centers expand as health clinics decline

As of 2024, more than 2,600 antiabortion pregnancy centers operated in the U.S., up 87 from 2023, according to the Crisis Pregnancy Center Map, a project led by University of Georgia public health researchers who are concerned about aspects of the centers. According to the Guttmacher Institute, 765 clinics offered abortions last year, down more than 40 from 2023.

Over the years, pregnancy centers have received a boost in taxpayer funds. Nearly 20 states, largely Republican-led, now funnel millions of public dollars to these organizations. Texas alone sent $70 million to pregnancy centers this fiscal year, while Florida dedicated more than $29 million for its “Pregnancy Support Services Program.”

This boost in resources is unfolding as Republicans have barred Planned Parenthood from receiving Medicaid funds under the tax and spending law President Trump signed in July. While federal law already blocked the use of taxpayer funds for most abortions, Medicaid reimbursements for other health services were a big part of Planned Parenthood’s revenue.

Planned Parenthood said its affiliates could be forced to close up to 200 clinics.

Some already had closed or reorganized. They have cut abortion in Wisconsin and eliminated Medicaid services in Arizona. An independent group of clinics in Maine stopped primary care for the same reason. The uncertainty is compounded by pending Medicaid changes expected to result in more uninsured Americans.

Some abortion rights advocates worry that will mean more healthcare “deserts” where the pregnancy centers are the only option for more women.

Kaitlyn Joshua, a founder of abortion rights group Abortion in America, lives in Louisiana, where Planned Parenthood closed its clinics in September.

She’s concerned that women seeking health services at pregnancy centers as a result of those closures won’t get what they need. “Those centers should be regulated,” she said. “They should be providing information which is accurate, rather than just getting a sermon that they didn’t ask for.”

Thomas Glessner, founder and president of the National Institute of Family and Life Advocates, a network of 1,800 centers, said the centers do have government oversight through their medical directors. “Their criticism,” he said, “comes from a political agenda.”

In recent years, five Democratic state attorneys general have issued warnings that the centers, which advertise to people seeking abortions, don’t provide them and don’t refer patients to clinics that do. And the Supreme Court has agreed to consider whether a state investigation of an organization that runs centers in New Jersey stifles its free speech.

Different services than Planned Parenthood

Choices Medical Services in Joplin, Mo., where the Planned Parenthood clinic closed last year, moved from focusing solely on discouraging abortion to a broader sexual health mission about 20 years ago when it began offering STI treatment, said its executive director, Karolyn Schrage.

The center, funded by donors, works with law enforcement in places where authorities may find pregnant adults, according to Schrage and Arkansas State Police.

Schrage estimates that more than two-thirds of its work isn’t related to pregnancy.

Hayley Kelly first encountered Choices volunteers in 2019 at a regular weekly dinner they brought to dancers at the strip club where she worked. Over the years, she went to the center for STI testing. Then in 2023, when she was uninsured and struggling with drugs, she wanted to confirm a pregnancy.

She anticipated the staff wouldn’t like that she was leaning toward an abortion, but she says they just answered questions. She ended up having that baby and, later, another.

“It’s amazing place,” Kelly said. “I tell everybody I know, ‘You can go there.’”

The center, like others, does not provide contraceptives — standard offerings at sexual health clinics that experts say are best practices for public health.

“Our focus is on sexual risk elimination,” Schrage said, “not just reduction.”

Mulvihill and Kruesi write for the Associated Press.

Brian O’Connor thinks part of his success is due to California voter approval of Proposition 13, the landmark property tax reduction proposal that catalyzed the taxpayer revolt more than a decade ago.

He is the general manager of the Bel-Air Patrol, which operates Los Angeles’ oldest private residential security patrol service. Since Proposition 13, the company has greatly expanded its territory and number of clients, he said.

Business is good and getting better for a growing number of such companies that deploy armed and unarmed guards to watch over Southern California neighborhoods. In fact, such businesses are growing all over the nation.

Residential guard services are a fast-growing segment of the security guard business, says Robert McCrie, editor of Security Letter, a trade publication. He estimated that residential guard services account for 10% to 15% of the nation’s $6.5-billion annual security guard bill. “The growth has been quite unmistakable since World War II. One reason is that people simply feel afraid,” said McCrie, who is also a professor of security management at New York’s John Jay College of Criminal Justice.

More Seek Permits

The public’s perception that government services have declined in California since the passage of Proposition 13 adds to the fear, O’Connor said. People feel that their local police departments are stretched too thin, he said. “The police obviously have to prioritize where they concentrate their effort,” he said.

People also want more control of their personal safety, he said. The average homeowner can’t control the police, but he can hire and fire private security firms at will, he said.

Within the city of Los Angeles, about 50 firms have Los Angeles Police Department permits to offer residential patrol service. Many more operate in the county, and “there may be some operating illegally (in Los Angeles),” said Det. Richard Rudell, chief of the permit section of the Los Angeles Police Commission.

Rudell said he has noted a steady increase in the number of firms applying for permits in recent years, although “some have subsequently gone out of business.” Every year, a number don’t renew their permits, he says.

Security guards do not have police powers. For example, guards patrolling a neighborhood may not detain someone believed to be acting suspiciously, said Lt. Fred Nixon, a Los Angeles Police Department spokesman.

Like anyone, they may make a citizen’s arrest of a person caught committing a crime. Guard companies claim that their presence deters crime, but independent statistical studies aren’t available to verify that claim.

“The police department believes that a highly visible patrol tends to deter crime,” Nixon said. “That is not a vote for or against private patrols. (The patrol) is only part of the equation.”

Private companies offer different levels of services. The larger security alarm companies provide armed guards to respond to an alarm. Other services simply drive through a neighborhood, or by an individual residence, or stop and inspect the exterior of properties. Still others provide mail and newspaper pickups for clients who are out of town and an escort service for clients fearful of entering an empty house after being away for a period.

Added Problems

Although the concept of security patrols seem simple, it’s not that easy for small operators–who are the vast majority of patrol businesses–to make a patrol service a success, said Robert Rockwell, a Walnut Creek, Calif., security management consultant.

Patrol services have all the challenges of hiring and supervising personnel as other guard companies, he said, with the additional burden of purchasing and maintaining vehicles that are driven constantly, he said. They also have the complication of getting a sufficient client base and calculating patrol routes under a price structure that will produce a profit, he said.

Because of the complications, many of the nation’s largest providers of security guards have shied away from that segment, he said, although many will provide a stationary guard for an apartment building, or gated community. (The largest segment of the security guard business is providing on-site guards for businesses and factories.)

Many larger companies that offer residential patrols are essentially in the business of selling security alarms.

Rockwell is also vice president of California Contract Security Guard Service, a trade group of 125 companies. “Very few of our members are involved,” he said.

Most residential patrols are small, perhaps operating with two or three people, he said. “One guy starts a patrol business where he does the patrols himself. Then he hires somebody else to take (another) shift,” Rockwell said.

Thomas Walthen acquired residential patrols in 30 cities across the country, including one in Los Angeles, when his Van Nuys-based California Plant Protection bought the venerable Pinkerton Security Service in 1987, creating a tie between CPP/Pinkerton and Borg-Warner’s security business as the nation’s largest provider of security guards.

High Accident Rate

(Borg-Warner includes Burns International Security Services, Wells Fargo Guard Services and Baker Industries, the parent of the Bel-Air Patrol). The acquisition put Walthen in a business segment that he abandoned 20 years ago. Unlike many services in the old days, Pinkerton has developed a “substantially sophisticated patrol service,” Walthen said.

Nevertheless, he added, “We’re still in the process of evaluating the operation. It looks like a profitable arm,” he said. But there are some problems. “The ratio of accidents to miles driven seem to be terribly out of line,” he said, and nobody seems to know why.

Although relatively big companies are in the minority among those offering residential patrols, they are among the best known in Southern California. A familiar sight throughout affluent neighborhoods are lawns and gardens sprouting signs for Bel-Air, MacGuard Security Services and Westec Security, a unit of Japan’s SECOM Co. All three sell alarm systems and offer armed response to alarms as well as neighborhood patrols.

“We’re not a security guard company. We sell a concept of security,” said Westec President Michael Kaye, explaining how the company’s alarm systems interact with a staff of almost 800 people. About 200 are guards on patrol. The company views itself as playing an “observe and report” role for the police. However, he said, the company plays a crucial prevention role.

“We’ve found time and time again that if a patrol is in a neighborhood, there is less crime. Burglars are basically lazy and will take the path of least resistance,” he said. Westec cites the experience of three Westside communities where it has tracked crime statistics before and after patrols.

Incidents Drop

One area with 400 homes had several burglaries a month before Westec began patrols seven years ago. Since patrols started, there have been no more than three burglaries a year and only one in 1988. Another neighborhood with 500 homes reported seven to 10 robberies a month before the patrols, the company said, but in the nine years of patrols, there have been less than six a year. Thus far in 1988, there have been three incidents.

A community of 250 homes reported several burglaries a month before the Westec patrols began seven years ago, the company said, but has had no more than two per year since. There haven’t been any incidents reported in 1988, the company said.

“We’re in the public relations and protection business,” said O’Connor, the retired British policeman who runs Bel-Air Patrol. “We’re never in conflict with law enforcement because we aren’t in that business,” he added.

Oct. 20 (UPI) — Amazon Web Services’ cloud services global outage disrupted Internet service for companies, governments, universities and individual users on Monday. It wasn’t until a half day later, the coverage was heavily restored.

By Monday afternoon on the U.S. East Coast, Amazon said the connectivity issues had been “fully mitigated,” though there were still reports of problems.

More than 1,000 companies were affected, including large tech companies, CNET reported, but there is no evidence it was caused by a cyber attack. Instead, “the root cause is an underlying internal subsystem responsible for monitoring the health of our network load balancers.”

AWS accounted for 37% of the global cloud market in 2024, according to market research firm. That represents revenue more than $107 billion for the tech company. Amazon’s total revenue was $639 revenue that year.

The services run on 3.7 million plus miles of fiber optic cables.

Downdetector, a website that aggregates user-submitted reports of disruptions, logged 6.5 million global reports related to the outage, a spokesperson for the site’s parent company Ookla told CNN.

Toms Guide showed how traffic was affected at major companies, including Verizon, Lyft, McDonald’s, Snapchat, and airl as Delta, Southwest and United airlines.

Also were the New York Times’ website, T-Mobile and AT&T were affected. Even massive tech companies, Google and Apple, were impacted. And Zoom, which gained prominance during the pandemic for people to communite, had outage issues.

Disrupted, too, were banks and cryptocurrency exchange Coinbbase and Venmo.

Amazon’s own services were disrupted. Alexa-enabled smart plugs, which allow people to control appliances and other devices remotely, didn’t have service. Amazon’s Ring doorbell cameras weren’t working. Some reported they were unable to access the company’s website or download books to their Kindles. And Netflix wasn’t available.

“The incident highlights the complexity and fragility of the internet, as well as how much every aspect of our work depends on the internet to work,” Mehdi Daoudi, CEO of internet performance monitoring firm Catchpoint said in a statement to CNN. “The financial impact of this outage will easily reach into the hundreds of billions due to loss in productivity for millions of workers that cannot do their job, plus business operations that are stopped or delayed — from airlines to factories.”

Tenscope showed that Amazon alone was losing $72.3 milion per hour, and customers lost several hundred thousand dollars each 60 minutes.

In cloud services, AW provides a space where businesses can rent the services instead of building their own servers.

“It’s like: ‘Why build the house if you’re just going to live in it?'” Lance Ulanoff, editor at the technology publication TechRadar, told CNN.

And there are problems with devices when service is disrupted.

“They just don’t work without the Internet,” Ulanoff said. ” They’re not designed that way,. We’ve designed everything to work with that constant connectivity and when you pull that big plug, everything, basically becomes dumb.”

Apparently, the problem originated from a system designed to monitor how much load is on the network. As a workaround, Amazon said it was allowing companies to create new instances of its Elastic Compute Cloud, a virtual machine that allows customers to build cloud-based applications.

At the peak of the incident, early Monday, AWS reported more than 70 of its own services were impacted.

“Some requests may be throttled while we work toward full resolution,” it said, urging customers to utilize the “clear cacheclear cache” option in the settings of their browser if problems with errors persisted.

Amazon reported at 1:26 a.m. EDT that there was a “significant error rates for requests.”

“Error 404” messaged popped up on computers.

At 3:11 a.m. EDT, Amazon “reported increased error rates for multiple services and determined that the issue was related” to the Northern Virginia region, according to a news release.

Amazon reported at 5:24 a.m. EDT, service was “fully mitigated.”

Then at 10:29 a.m., Amazon said there were application programming interface errors and connectivity issues “across multiple services in the US-EAST-1 Region.”

Around 3:30 p.m., AWS said its systems mostly were back online. “We continue to observe recovery across all AWS services,” the company said.

In Britain, Gov.uk and His Majesty’s Revenue and Customs, the two main portals of the British government, said they had been affected.

“We are aware of an incident affecting Amazon Web Services, and several online services which rely on their infrastructure. Through our established incident response arrangements, we are in contact with the company, who are working to restore services as quickly as possible,” said a government spokesman.

Lloyds Bank and subsidiary, Halifax, two of the country’s largest banks, and National Rail also experienced problems.

The outage comes 15 months after a global IT outage in July 2024 that crashed millions of computers used by 911 centers, airlines, financial institutions, airlines and media around the world, due to an issue with a third-party security update for Microsoft Windows systems.

The auto download from Texas-based CrowdStrike cybersecurity for its Falcon software caused computers to hang after they were able to fully restart after the update.

Connectivity issues for many companies around the world disrupted as outage hits Amazon Web Services.

Internet users have reported difficulties accessing popular websites and apps including Signal, Coinbase and Robinhood.

Major websites including popular gaming, financial and social media platforms have been facing serious connectivity issues after Amazon’s cloud services unit AWS was hit by an outage.

Amazon Web Services (AWS) confirmed the issue in an update on its status page on Monday, after web users reported difficulties accessing websites.

“We can confirm significant error rates for requests made to the DynamoDB endpoint in the US-EAST-1 Region,” said the AWS status update.

In a subsequent update it said it had “identified a potential root cause for [the] error rates” and was “working on multiple parallel paths to accelerate recovery”.

Major platforms including AI startup Perplexity, trading app Robinhood, messaging app Signal and crypto exchange Coinbase all said their issues were due to the AWS outage.

“Perplexity is down right now. The root cause is an AWS issue. We’re working on resolving it,” Perplexity CEO Aravind Srinivas said in a post on X.

AWS is one of the giant cloud computing service providers, competing with Google’s and Microsoft’s cloud services to offer on-demand computing power, data storage and other digital services to companies and institutions.

Issues with its servers can wreak havoc on the web, with so many companies relying on its infrastructure to function.

Downdetector, a site where web users report outages, carried a roll call of popular sites where users had experienced access difficulties amid the outage.

Names on the list included Zoom, Roblox, Fortnite, Duolingo, Canva, Wordle and more.

Amazon’s shopping website, PrimeVideo and Alexa were also facing issues, according to the site.

The Reuters news agency reported that Uber rival Lyft’s app was also down for thousands of users in the US, while many UK bank customers were also reporting outages.

The former Stolper Co is a financial management company that merged with another financial services business to form Wealth Oklahoma in 2025. It initiated a new position in Allison Transmission Holdings (ALSN -2.01%), acquiring 75,606 shares in the third quarter, an estimated $6.4 million trade based on the average price for Q3 2025, according to its October 10, 2025, SEC filing.

What happened

Wealth Oklahoma disclosed the purchase of 75,606 shares of Allison Transmission Holdings in its quarterly report filed with the U.S. Securities and Exchange Commission on October 10, 2025 (SEC filing). The new holding was valued at $6.4 million as of Q3 2025, with the transaction representing 1.9% of Stolper’s $330 million in reportable U.S. equity assets.

What else to know

This is a new position; the stake now accounts for 1.9% of Wealth Oklahoma’s 13F reportable assets as of September 30, 2025.

Top holdings after the filing are as follows:

• BRK-B: $18.96 million (5.75% of AUM) as of 2025-09-30
• JPM: $17.74 million (5.37% of AUM) as of 2025-09-30
• AAPL: $14.90 million (4.52% of AUM) as of 2025-09-30
• GOOGL: $11.92 million (3.6% of AUM) as of 2025-09-30
• COF: $10.73 million (3.25% of AUM as of Q3 2025)

As of October 9, 2025, Allison Transmission shares were priced at $81.02, down 18.4% over the prior year ending October 9, 2025 and underperforming the S&P 500 by 33.9 percentage points over the past year.

The company reported trailing 12-month revenue of $3.2 billion for the period ended June 30, 2025 and net income of $762 million for the period ended June 30, 2025.

Allison Transmission’s dividend yield stood at 1.3% as of October 10, 2025. Shares were 35% below their 52-week high as of October 9, 2025.

Company Overview

Company Snapshot

Allison Transmission designs and manufactures fully automatic transmissions and related parts for commercial, defense, and specialty vehicles. It also offers remanufactured transmissions and aftermarket support.

The company generates revenue primarily through product sales to original equipment manufacturers and aftermarket services, including replacement parts and extended coverage.

Allison Transmission serves a global customer base of OEMs, distributors, dealers, and government agencies, with a focus on commercial vehicle and defense markets.

Image source: Getty Images.

Allison Transmission is a leading provider of fully automatic transmissions for medium- and heavy-duty commercial and defense vehicles worldwide. The company leverages a broad distribution network and long-standing OEM relationships to maintain a strong position in the auto parts sector.

Foolish take

Founded in 1915, Allison Transmission is a veteran of propulsion systems technology. It’s the world’s largest manufacturer of medium and heavy-duty fully automatic transmissions, according to the company.

Allison Transmission’s sales are down slightly year over year. Through the first half of 2025, revenue stood at $1.58 billion compared to $1.61 billion in 2024.

This lack of sales growth is a contributor to the company’s share price decline, adding to its dismal 2025 outlook, which it slashed due to softness in demand in some of its end markets, such as for medium-duty trucks. Allison Transmission now expects 2025 revenue to come in between $3.1 billion to $3.2 billion, down from $3.2 billion to $3.3 billion.

With Allison Transmission shares hovering around a 52-week low, Wealth Oklahoma took advantage to initiate a position in the stock. This speaks to Wealth Oklahoma’s belief that Allison Transmission can bounce back. This might be the case, given Allison’s recent acquisition of Dana Incorporated, which provides drivetrain and propulsion systems in over 25 countries.

With a price-to-earnings ratio of 9, Allison Transmission’s valuation looks attractive, which also explains Wealth Oklahoma’s purchase. The stock certainly looks like it’s in buy territory.

Glossary

13F reportable assets: U.S. equity holdings that institutional investment managers must disclose quarterly to the SEC on Form 13F.
AUM (Assets Under Management): The total market value of investments managed on behalf of clients by a financial institution or fund manager.
Dividend yield: Annual dividend payments divided by the share price, expressed as a percentage, showing income return on investment.
Trailing twelve months (TTM): The 12-month period ending with the most recent quarterly report.
Original equipment manufacturer (OEM): A company that produces parts or equipment that may be marketed by another manufacturer.
Aftermarket services: Products and support provided after the original sale, such as replacement parts, maintenance, or extended warranties.
Stake: The amount or percentage of ownership an investor or institution holds in a company.
Quarterly report: A financial statement filed every three months, detailing a company’s performance and financial position.
Distribution network: The system of intermediaries, such as dealers and distributors, through which a company sells its products.
Defense market: The sector focused on supplying products and services to military and government defense agencies.

WASHINGTON, Sept. 30 (UPI) — The federal government shutdown leaves thousands of federal workers without pay, and an array of public facilities, such as Smithsonian museums and national parks, cite the challenges staying open without much staff.

Smithsonian museums announced on their combined website they have funding set aside to stay open until Oct. 6. The situation with national parks, though, is up in the air. If they don’t close, visitors would not have adequate protection without adequate staffing.

The Library of Congress, another symbol of Washington, announced it will lock its doors to visitors and cancel all events.

Moreover, congressional offices said, the National Institutes of Health will be unable to see new patients to its research hospital, and the Food and Drug Administration will be unable to process applications for new drugs or medical devices.

For those who lived through past shutdowns — the last one came during the first Trump administration in December 2018 and lasted 34 days — the fallout is all too familiar.

David Barna, who served as chief spokesman for the National Park Service from 1995 to 2015, worked during the 34-day shutdown in 2018 and recalled its emotional toll. With roughly 1 million visits to national parks each day, he said closures are “devastating to our visitors.”

“It was heartbreaking for our park visitors,” Barna said. “People who had waited years to visit parks had their plans canceled. I remember talking with a young woman who planned to get married in Yellowstone, and she cried on the phone as she told me about canceling her wedding.”

This time, Barna warned, the situation is likely to be worse. “Rumor is that the parks will be open without staff,” he said. “Last time this happened, the parks were vandalized and trash accumulated everywhere. We need NPS employees to take care of the natural and cultural resources in the parks.”

He added, “Without staff, they are unprotected. The parks are gifts from our grandparents to our grandchildren. Our job is the preserve and protect them,” he said.

Just as Barna fears national treasures will go unprotected without park staff, union leaders representing VA employees warn that the shutdown threatens the people caring for the nation’s veterans.

Robert Malosh, president of a local chapter of the American Federation of Government Employees, said his members fear that a prolonged gridlock will be used to justify further cuts to staff who provide critical care to veterans.

“Since this administration appears to be hell bent on eliminating staff at all costs, there’s plenty of fear that this administration will abuse these emergency powers to further wage war against the heroes who provide care to our veterans,” Malosh said.

“As we speak, some of the best and most qualified personnel are looking for jobs to replace the stability and security they’ve lost in the last eight months,” he said.

While many other federal employees anticipated the shutdown, staffers were already preparing for what has become the reality — working without pay. A spokesperson for Rep. Mike Quigley, D-Ill., said House employees have been declared essential and will report to work regardless of whether funding lapses.

“That means we will be working unpaid for the duration of a shutdown,” the spokesperson said, noting that House staff members are paid on the 30th of each month, providing a brief cushion before the paycheck gap becomes real.

In the 2018 government shutdown, 800,000 federal workers were furloughed and cost the U.S. economy an estimated $11 billion. It was the longest of the 20 shutdowns throughout history, occurring during the first Trump administration.

Each time, political stalemates in Congress continue to leave federal workers, service members and the public caught in the middle.

Uncertainty has also hit the National Guard deployed in Washington. The D.C. National Guard State Public Affairs Office told UPI it had no information on whether troops will continue their deployment or if they will be paid, referring questions to the White House.

That ambiguity underscores how even roles deemed essential by the Trump administration are clouded during a funding lapse.

From Hill staffers to the thousands of others across Washington, the question is how long they can go unpaid. For tourists, consumers, veterans and patients across the country, it remains to be seen what remains open and for how long should the shutdown persist.

US tech giant Microsoft says it has stopped the Israeli military from accessing its cloud computing and AI technology.

The move follows an investigation that found that Israeli forces had been using Microsoft’s powerful Azure services for mass surveillance and attacks in Gaza and the occupied West Bank.

But has Microsoft’s decision come too late? And what can be done to stop Israel from simply finding a replacement from another powerful software supplier?

Presenter: Neave Barker

Guests:

Rob Pegoraro – Technology journalist and analyst

Taghreed El-Khodary – Palestinian journalist and analyst

Kenneth Roth – Former executive director of Human Rights Watch and author of Righting Wrongs: My Life in Human Rights

DELIVEROO drivers could provide life-saving treatment to people suffering cardiac arrest, a new study suggests.

Deploying defibrillators to the public via food-delivery services like Uber Eats, could save lives, scientists from Taiwan believe.

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More than 30,000 Brits each year suffer a cardiac arrest when their heart suddenly stops beating.

It can be caused by an irregular heart rhythm or other heart disease, but often strikes without warning.

Breathing stops and the person becomes unconscious, with the lack of oxygenated blood to their organs leading to death.

Giving cardiopulmonary resuscitation (CPR) straight away can be the difference between life and death.

The technique involves pressing hard and fast in the centre of the chest to manually pump blood around the body until help arrives.

The most effective treatment is a defibrillator, a device that gives the heart an electric shock to try and restart it.

Fewer than one in ten survive a cardiac arrest outside hospital because every minute without a defibrillator slashes their odds.

Experts warn too many victims die because the machines are out of reach and ambulances take too long to arrive.

Lead investigator Kuan-Chen Chin, from the National Taiwan University Hospital, said: “Each minute of delay in defibrillation reduces the survival rate by 7-10 per cent. 

“Our approach leverages an existing, widespread urban workforce to address a well-known weak link in the chain of survival.”

For the new study, researchers ran simulations comparing ambulance response times of six to seven minutes against delivery scooters carrying defibrillators.

Defibrillators arrived around three minutes faster, cutting delays by nearly half, they found. 

Even if just ten per cent of riders joined in, more than 60 per cent of cardiac arrests were successfully attended. 

During rush hours, only 13 per cent of riders needed to respond to cover 80 per cent of cases.

Writing in the Canadian Journal of Cardiology, Dr Jen-Tang Sun, of Far Eastern Memorial Hospital, added: “We were encouraged to see that even low response rates might yield meaningful time savings, and that the model appeared effective during off-peak hours despite reduced availability.”

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Aug. 26 (UPI) — President Donald Trump threatened to raise tariffs and restrict U.S. chip exports on countries that have a digital services tax.

He wrote on Truth Social Monday that digital service taxes, largely implemented by Britain and the European Union, “are all designed to harm, or discriminate against, American Technology.”

“I put all Countries with Digital Taxes, Legislation, Rules, or Regulations, on notice that unless these discriminatory actions are removed, I, as President of the United States, will impose substantial additional Tariffs on that Country’s Exports to the U.S.A.,” Trump wrote.

He added that the United States would also “institute Export restrictions on our Highly Protected Technology and Chips.”

“Show respect to America and our amazing Tech Companies or, consider the consequences!” he wrote.

The taxes are meant to apply only to the largest tech companies like Alphabet, Meta and Amazon, which are based in the United States. The countries that have digital services taxes argue that tech titans like Amazon operate within their borders and generate huge profits from their people while paying little or no taxes to those governments.

The U.K.’s digital services tax raises about $1.1 billion annually from global tech companies through a 2% tax on revenues. Trump said these taxes “outrageously give a complete pass to China’s largest tech companies.”

France, Italy and Spain also have DSTs.

Trump declared in June that he would cut off all trade talks with Canada over the tax, which it had recently passed. When Canada quickly removed its tax just before it was set to turn on, the White House boasted that Canada had “caved” to pressure.

In February, Trump signed an executive order titled Defending American Companies and Innovators from Overseas Extortion and Unfair Fines and Penalties, threatening tariffs.

In April, it emerged that Keir Starmer offered big U.S. tech companies a reduction in the headline rate of the DST to appease Trump, at the same time applying the tax to companies from other countries.

ATHENS — The end of an exemption on tariff duties for low-value packages coming into the United States is causing multiple international postal services to pause shipping to the U.S. as they await more clarity on the rule.

The exemption, known as the “de minimis” exemption, allows packages worth less than $800 to come into the U.S. duty-free. A total of 1.36 billion packages were sent in 2024 under this exemption, for goods worth $64.6 billion, according to data from the U.S. Customs and Border Patrol Agency.

It is set to expire Friday. On Saturday, postal services around Europe announced that they are suspending the shipment of many packages to the United States amid confusion over new import duties.

Postal services in Germany, Denmark, Sweden and Italy said they will stop shipping most merchandise to the U.S. effective immediately. France and Austria will follow Monday.

The U.K.’s Royal Mail said it would halt shipments to the U.S. on Tuesday to allow time for those packages to arrive before duties kick in. Items originating in the U.K. worth over $100 — including gifts to friends and family — will incur a 10% duty, it said.

“Key questions remain unresolved, particularly regarding how and by whom customs duties will be collected in the future, what additional data will be required, and how the data transmission to the U.S. Customs and Border Protection will be carried out,” DHL, the largest shipping provider in Europe, said in a statement.

The company said that starting Saturday it “will no longer be able to accept and transport parcels and postal items containing goods from business customers destined for the U.S.”

A trade framework agreed on by the U.S. and the European Union last month set a 15% tariff on the vast majority of products shipped from the EU. Packages under $800 will now also be subject to the tariff.

The U.S. duty-free exemption for goods originating from China ended in May as part of the Trump administration’s efforts to curb American shoppers from ordering low-value Chinese goods. The exemption is being extended to shipments from around the world.

Many European postal services say they are pausing deliveries now because they cannot guarantee the goods will enter the U.S. before Aug. 29. They cite ambiguity about what kind of goods are covered by the new rules, and the lack of time to process their implications.

Postnord, the Nordic logistics company, and Italy’s postal service announced similar suspensions effective Saturday.

“In the absence of different instructions from US authorities … Poste Italiane will be forced, like other European postal operators, to temporarily suspend acceptance of all shipments containing goods destined for the United States, starting August 23. Mail shipments not containing merchandise will continue to be accepted,” Poste Italiane said in a statement Friday.

Shipping by services such as DHL Express remains possible, it added.

Bjorn Bergman, head of PostNord’s Group Brand and Communication, said the pause was “unfortunate but necessary to ensure full compliance of the newly implemented rules.”

In the Netherlands, PostNL spokesperson Wout Witteveen said the Trump administration is pressing ahead with the new duties despite U.S. authorities lacking a system to collect them. He said that PostNL is working closely with its U.S. counterparts to find a solution.

“If you have something to send to America, you should do it today,” Witteveen told the Associated Press.

Austrian Post, Austria’s leading logistics and postal service provider, stated that the last acceptance of commercial shipments to the U.S., including Puerto Rico, will take place Tuesday.

France’s national postal service, La Poste, said the U.S. did not provide full details or allow enough time for the French postal service to prepare for new customs procedures.

″Despite discussions with U.S. customs services, no time was provided to postal operators to re-organize and assure the necessary computer updates to conform to the new rules,″ it said in a statement.

PostEurop, an association of 51 European public postal operators, said that if no solution can be found by Aug. 29, all its members will probably follow suit.

Nellas and Anderson write for the Associated Press and reported from Athens and New York, respectively. AP writers Angela Charlton in Paris; Costas Kantouris in Thessaloniki, Greece; Stephanie Lichtenstein in Vienna; Brian Melley in London and Molly Quell in Amsterdam contributed to this report.

THE family of a boy of two murdered by his grandparents are calling for a change in the law.

Ethan Ives-Griffiths was found injured at the home of his mum’s parents but social workers were turned away.

Now relatives on the paternal side have set up a petition for “Ethan’s Law” — giving child services extra powers to bring in police if denied entry.

Mold crown court was told Michael Ives, 47, and Kerry Ives, 46, subjected Ethan to “casual brutality” in Flintshire, North Wales.

They were convicted after a jury heard he was hit or shaken.

Ethan’s mother Shannon Ives, 28, had been living with them and was convicted of causing or allowing his death.

They will be sentenced in October.

Ethan’s paternal family set up a petition calling for an update in child protection services.

The petition also calls for checks to be carried out every five to seven days as opposed to the current 10-days.

It states: “Let us come together to push for these crucial reforms in child protection services.

“By signing this petition, you join us in advocating for the safety and security of all children like Ethan, ensuring that no child suffers in silence.

So far, the petition for ‘Ethan’s Law’ has over 400 signatures.

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July 14 (UPI) — Amazon Web Services on Monday released Kiro, a program that allows developers to write code with help from artificial intelligence.

Amazon CEO Andy Jassy launched the service in a post on X.

“Introducing Kiro, an all-new agent IDE [Integrated Development Environment] that has a chance to transform how developers build software,” Jassy wrote about the service from Amazon’s Web Services, which is the leading provider of cloud infrastructure.

Amazon’s name doesn’t appear in the announcement, Geekwire noted.

AWS launched in 2006 and includes storage and computing power. In 2024, its revenue was $107.6 billion. Overall, Amazon’s revenue was $637.9 billion, including retail services, delivery, digital content, devices, Whole Foods, physical stores

Vibe coding directs computers to creative software without much human direction.

After the free preview ends, free and premium versions of Kiro will be available.

The company plans three pricing tiers: a free version with 50 agent interactions per month; a Pro tier at $19 per user per month with 1,000 interactions; and a Pro+ tier at $39 per user per month with 3,000 interactions.

Jassy noted the advantages of its program, which uses AI models from Amazon-backed Anthropic but there will be alternatives.

“Kiro is really good at ‘vibe coding’ but goes beyond that,” he said. “While other AI coding assistants might help you prototype quickly, Kiro helps you take those prototypes all the way to production by following a mature, structured development process out of the box. This means developers can spend less time on boilerplate coding and more time where it matters most — innovating and building solutions that customers will love.”

Diagrams and tasks are generated to streamline development, AWS said.

Kiro now can only communicate with people in English.

Two product developers, Nikhil Swaminathan and Deeak Sing, gave some details on the programming service and provided a tutorial.

“I’m sure you’ve been there: prompt, prompt, prompt, and you have a working application,” they wrote. “It’s fun and feels like magic. But getting it to production requires more. … Requirements are fuzzy and you can’t tell if the application meets them.”

They said Kir works “like an experience developer catching things you miss or completing boilerplate tasks in the background as you work. These event-driven automation triggers an agent to execute a task in the background when you save, create, delete files, or on a manual trigger.”

In one example, they showed how an e-commerce application for selling crafts can add a review section for users’ feedback on crafts.

They looked to the future, writing “the way humans and machines coordinate to build software is still messy and fragmented, but we’re working to change that. Specs is a major step in that direction.”

Other companies are going into vibecoding, CNBC reported.

Google plans to make its Gemini Code Assist more useful for software developers. On Friday, the company paid a $2.4 billion for licensing rights and top talent from AI software coding startup WIndsurf.

On Monday, AI startup Cognition announced it is acquiring Windsurf’s intellectual property, produce, trademark, brand and talent for an undisclosed amoint.

Microsoft’s GitHub’s agent allows its Visual Studio Code to work in agent mode for automated software development.

Anysphere has developed Cursor and plans to raise money at a $10 billion valuation.

OpenAI had considered acquiring Windsurf and Cursor.

July 2 (UPI) — The United States has blacklisted a Russia-based bulletproof hosting services provider, two affiliated companies and four of its leaders accused of aiding bad actors in evading detection as they conduct cybercrimes.

Aeza Group is accused of providing its services to ransomware and malware groups, including Medusa and Lumma infostealer operators, who have employed the hosting services provider to target the U.S. defense industrial base and technology companies, among a slew of others.

According to the Treasury, Aeza Group sells its services to these malign actors who are given access to specialized servers and other computer infrastructure to help them disseminate their criminal software without detection.

“Cybercriminals continue to rely heavily on BPH service providers like Aeza Group to facilitate disruptive ransomware attacks, steal U.S. technology and sell black-market drugs,” Acting Under Secretary of the Treasury for Terrorism and Financial Intelligence Bradley Smith said in a statement.

Along with Aeza Group its British branch, Aeza International, was also blacklisted Tuesday. The Treasury said Aeza Group uses Aeza International to lease IP addresses to cybercriminals.

Aeza Logistic and Cloud Solutions were also sanctioned for being Russia-based subsidiaries of Aeza Group.

Individuals sanctioned were listed as Arsenii Aleksandrovich Penze, CEO and one-third owner of Aeza Group, Yurri Meruzhanovich Bozoyan, general director and one-third owner of Aeza Group, Vladimir Vyacheslavovich Gast, technical director of Aeza Group, and Igor Anatolyevich Knyazev, a one-third owner of Aeza Group.

The Treasury acknowledged Britain for its assistance that led to the designation of Aeza International.

“Treasury, in close coordination with the UK and other international partners, remains resolved to expose the critical nodes, infrastructure and individuals that underpin this criminal ecosystem,” Smith said.

The blacklisting comes after the United States, Australia and Britain jointly sanctioned Russia-based bulletproof hosting service provider Zservers in February.

June 30 (UPI) — Ottawa announced late Sunday that it was rescinding a tax on technology firms generating revenue from Canadians just hours before it was to take effect, in an effort to move forward trade negotiations with the United States.

Ottawa’s Department of Finance announced in a statement that because they were scrapping the Digital Services Tax, Prime Minister Mark Carney and U.S. President Donald Trump have agreed to resume trade negotiations with the goal of signing a deal by July 21.

“Rescinding the digital services tax will allow the negotiations of a new economic and security relationship with the United States to make vital progress and reinforce our work to create jobs and build prosperity for all Canadians,” Minister of Finance and National Revenue Francois-Philippe Champagne said.

Announced in 2020, the Digital Services Tax sought to ensure domestic and foreign companies profiting off Canadians online were paying taxes on that revenue. According to Ottawa, it levied a 3% tax on revenue earned from certain digital services that rely on the engagement data and content of Canadian users as well as certain sales of Canadian user data.

Companies to be affected were online market place and advertising services as well as social media companies, including Google, Apple, Amazon and Meta.

The tax was to take effect Monday, amid ongoing trade negotiations between Canada and the United States.

However, Trump on Friday unilaterally called the talks off after being informed American technology companies would be hit with the 3% tax, which he described as “a direct and blatant attack on our Country.”

“Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately,” Trump said on his Truth Social platform, while stating he will inform Ottawa within seven days of “the Tariff that they will be paying to do business with the United States of America.”

Trump has yet to comment on the latest announcement.

To rescind the tax, it will require legislative approval, so in the meantime Ottawa said it will halt collection.

Relations between the United States and Canada have deteriorated under the second Trump administration due to Trump’s trade war.

Trump has imposed a 25% tariff on all Canadian imports not subjected to the Canada-United States-Mexico Agreement, as well as a 10% tariff on energy products, a 25% tariff on all cars and trucks built north of the border and a 50% tariff on aluminum and steel imports.

Canada has responded with a slew of tariffs of its own, including a 25% levy on certain goods from the United States.

Prime Minister Mark Carney, whose Liberal Party won a minority government in Parliament in late April, campaigned on standing up against Trump, while referring to the Ottawa-Washington relationship as having been changed and the U.S. tariffs as a “betrayal.”

Amid the tariff fight, Carney has sought to strengthen other relationships while lessening Canada’s trade and security dependence on the United States.

Earlier this month, Canada and the European Union agreed to deepen their security and defense relationship as they launch negotiations across multiple areas, from digital policy to climate.

DEVELOPING STORYDEVELOPING STORY,

Canada’s prime minister says trade talks with US will resume after Ottawa drops new levy.

Canada has rescinded its digital services tax in a bid to advance trade negotiations with the United States, days after US President Donald Trump called off talks in retaliation for the levy.

Canadian Prime Minister Mark Carney, in a statement on Sunday, said he and Trump have now agreed to resume trade negotiations.

“Today’s announcement will support a resumption of negotiations toward the July 21, 2025, timeline set out at this month’s G7 Leaders’ Summit in Kananaskis,” Carney said.

The Canadian levy on technology firms had been set to go into effect on Monday.

Trump said on Friday that the tax, targeting “our American Technology Companies”, was “a direct and blatant attack on our Country”.

The US is home to some of the world’s biggest technology companies, including Apple, Alphabet/Google, Amazon and Meta.

Canada’s Digital Services Tax Act (DSTA) introduces a levy on tech revenues generated from Canadian users – even if providers do not have a physical presence in the country.

It compels large technology firms with global revenues exceeding $820m and Canadian revenues of more than $14.7m to pay a 3 percent levy on certain digital service revenues earned in Canada.

Unlike traditional corporate taxes based on profits, this tax targets gross revenue linked to Canadian user engagement.

Digital services the levy will apply to include online marketplaces, social media platforms, digital advertising and the sale or licensing of user data.

One of the most contentious parts of the new framework for businesses is its retroactive nature, which demands payments on revenues dating back to January 1, 2022.

Getty Images

‘At risk of avoidable harm’

MARTIN MCQUADE / BBC

Global Finance has released the results for the 2025 World’s Best Treasury & Cash Management Systems and Services Awards. This program is part of the 25th annual World’s Best Treasury & Cash Management  Providers awards, and a full report on the entire survey will be published in the July/August 2025 print and digital editions and online at GFMag.com. 

Global Finance used a multi-tiered assessment process—which included entries from banks and providers and input from industry analysts, corporate executives, technology experts and independent research—to select the treasury & cash management systems and services. A variety of subjective and objective criteria were considered, including profitability, market share and reach, customer service, competitive pricing, product innovation and the extent to which organizations have successfully differentiated themselves from their competitors around core service provision.

“Driven by digital advancements and demand for visibility, the Treasury and Cash Management sector is rapidly evolving,” said Joseph Giarraputo, founder and editorial director of Global Finance. “Corporations seek integrated platforms with automation and AI, while financial institutions offer innovative solutions for efficiency and transparency. The Treasury and Cash Management Awards recognize those excelling in this changing landscape.”

The list of Global Finance’s World’s Best Treasury & Cash Management Systems & Services Awards 2025 follows.

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For editorial information, please contact Andrea Fiano, editor, [email protected]

Global Finance’s Transaction Banking Awards Ceremony 2025

On the morning of September 30, Global Finance will host its annual Transaction Banking Awards Ceremony at the Melia Frankfurt Hotel during the Sibos conference. Winning organizations will be notified about details in advance of the event.

About Global Finance

Global Finance, founded in 1987, has a circulation of 50,000 and readers in 193 countries and territories. Global Finance’s audience includes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Its website — GFMag.com — offers analysis and articles that are the legacy of 38 years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.

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