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BlackRock Finds More Risk Assets at Insurers Than ’08

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Exact Sciences Corp., the maker of the Cologuard take-home colon cancer test and one of the largest public companies in Wisconsin, has appointed Kathleen Sebelius, the former governor of Kansas and secretary of the U.S. Department of Health and Human Services, to its board of directors, the company announced Tuesday.

“Secretary Sebelius understands the value of detecting cancer earlier, as well as the systemic challenges and opportunities to improve health care,” said Kevin Conroy, chairman and…

ElderServe Inc. will launch a $2.5 million capital campaign in April to help it expand its adult day health center in the Russell neighborhood.

Patty Belden, the chief development officer for ElderServe, said in an interview that half of the building at 631 S. 28th St., where its center located, is unoccupied. The capital campaign will finance the renovation of that half of the building for ElderServe's use, allowing the senior-services organization to more than double its capacity at the center.…

Advanced Therapy Center at Chesterwood Village, a $22 million facility for post-hospital rehabilitation, is set to open next month in Butler County.

The center in West Chester Township, which will encompass 110,000 square feet, is intended for inpatients, outpatients and community wellness initiatives such as public yoga and tai-chi classes. A grand opening is scheduled for April 11.

The building includes 75 patient rehabilitation suites as well as 50 long-term nursing suites on the opposite end…

The commercial real estate firm partnered with a New York investment management firm on the deal.

PNC Bank has named longtime Boston-area resident Jon Bernstein its new regional president as it builds out its Boston banking team.

Bernstein previously worked as managing director of the financial institutions group for Barclays. His resume also includes stints as a private equity investor and at Morgan Stanley, A.G. Edwards and Credit Suisse Group.

PNC Financial Services Group (NYSE:PNC), based in Pittsburgh, has one of the largest banks in the country, with $382 billion in assets. The company…

The Raleigh area has one of the lowest credit card utilization rates among the 50 largest metros in the U.S. That’s according to a study from CompareCards.com, a financial analysis website overseen by LendingTree (Nasdaq: TREE).

The comparison of a person’s credit card balance to its available credit is called the credit utilization rate.

It’s the second-most important factor in credit scoring formulas behind payment history, according to the study authors. If a credit utilization rate…

The name game is still underway.

SunTrust Banks Inc. CEO Bill Rogers says he doesn’t yet know what the name of his company will be after it merges with BB&T Corp., nor does he know what the name of the Atlanta Braves’ SunTrust Park will be.

“There’s a very exciting process we are working on,” said Rogers, speaking Monday as the SunTrust Foundation presented the Westside Future Fund with a $5 million donation to support more affordable housing and provide entrepreneurial and small business…

Lyft Inc. will make its way to Kansas City as part of a roadshow launched this week ahead of the ride-sharing company's upcoming initial public offering.

The San Francisco-based company is going public in one of the most highly anticipated IPOs in years. Lyft kicked off its roadshow in New York on Monday and will visit Kansas City next Tuesday, according to Business Insider, which reported seeing the schedule and confirming it with two investors.

Lyft is most likely coming to Kansas City to visit…

Colleagues praise Lebens as having the ability to impact their personal growth as well as influence change within the organization.