The Episcopal Church, at its General Convention in Louisville, Kentucky, is scheduled to elect a new leader Wednesday to replace Michael Curry, who for the past nine years has served as the first African American presiding bishop of the 239-year-old denomination. There are five nominees for presiding bishop, who serves as the Episcopalians’ chief pastor, president and CEO. —Bishop Daniel Gutiérrez of the Diocese of Pennsylvania (which encompasses Philadelphia and four nearby counties).
Futures were mixed Wednesday, but Tesla rival Rivian vaulted higher on a big investment. FedEx jumped after earnings. Nvidia extended Monday's bounce.
Creatio, a low-code software platform for customer relationship management that competes with tech giant Salesforce, has secured $200 million in a new funding round that boosts its valuation to $1.2 billion, the company said on Wednesday. The funding, led by Sapphire Ventures, came after Creatio's revenue increased at 50% annually for a few years. StepStone Group and existing investors Volition Capital and Horizon Capital also participated in the funding round.