Releases

3075 items in section

Teamsters and DOJ Move to End Historic 37-Year Federal Monitorship

After nearly four decades of federal oversight, the International Brotherhood of Teamsters and the U.S. Attorney’s Office for the Southern District of New York have jointly filed a motion to dissolve the landmark 1989 consent decree, signaling a formal conclusion to the longest-running monitorship in American labor history.

Israeli and Palestinian Leaders Present Joint Peace Blueprint at G7

In a rare display of cross-border consensus, 150 Israeli and Palestinian civil society leaders converged in Paris to present "The Paris Call 2026" to global diplomats. The joint blueprint, unveiled ahead of the G7 Summit in Évian-les-Bains, seeks to bypass geopolitical gridlock with actionable strategies for stability and humanitarian relief.

Late payments cripple 83% of Central and Eastern European suppliers

Nearly one in three business-to-business invoices across Central and Eastern Europe now languishes past its due date, as a widening liquidity gap forces suppliers into a volatile cycle of debt. The latest Atradius Payment Practices Barometer confirms that 83% of regional firms are currently grappling with the fallout of delayed payments.

Monteverde & Associates Launches Investigation into Olin-Huntsman Merger

The New York-based law firm Monteverde & Associates PC has initiated an investigation into Olin Corporation regarding its proposed merger with Huntsman Corporation. Attorney Juan Monteverde is currently reviewing the transaction to determine if the deal offers fair value to Olin shareholders, who are slated to hold 54.5% of the combined entity.

Monteverde & Associates Opens Investigation Into Huntsman-Olin Merger

Shareholders of Huntsman Corporation are facing scrutiny over the proposed sale of the company to Olin Corporation, as New York-based law firm Monteverde & Associates launches an investigation into the fairness of the deal. The transaction currently values Huntsman stock at an exchange ratio of 0.5476 shares of Olin.

Monteverde & Associates Launches Merger Investigations for Four Firms

Juan Monteverde of the New York-based firm Monteverde & Associates PC has initiated formal investigations into the acquisition and merger terms for SUNation Energy, Nuvalent, Cross Country Healthcare, and Bio Green Med Solution, citing potential concerns for shareholders regarding the fairness of these pending corporate transactions.

Monteverde & Associates Launches Investigation Into AstroNova Sale

AstroNova, Inc. shareholders face a potential buyout as Arcline Investment Management moves to acquire the company for $29.00 per share in cash. New York-based Monteverde & Associates PC has launched an investigation into the transaction to determine if the terms offer fair value to investors.

Monteverde & Associates Opens Inquiry Into Fathom Holdings Sale

Shareholders of Fathom Holdings Inc. are facing scrutiny over a proposed acquisition by Bed Bath & Beyond, Inc. New York-based Monteverde & Associates PC has launched an investigation into the deal, questioning whether the exchange ratio of 0.2236 shares of Bed Bath & Beyond stock per Fathom share offers fair value.

Moeris Acquires Stay Safe Traffic Control to Bolster Southeast Presence

Denver-based Moeris has acquired Raleigh-based Stay Safe Traffic Control, marking a strategic push into the Mid-Atlantic and Southeast markets. The deal integrates the North Carolina provider into a growing national platform, while keeping its existing leadership team and regional brand identity intact to maintain local service continuity.

Young Innovators Claim $1 Million in National Entrepreneurship Pitch

From pain-reducing medical patches to water-conservation apps, six student projects captured $25,000 grand prizes this week in Flint. The Mott Million Dollar Challenge culminated a nationwide search that engaged over 5,300 K-12 students, testing their ability to solve real-world problems through business and social ventures.

LaserAway Reaches 221-Clinic Milestone in Westlake

Two decades after launching on Sunset Boulevard, LaserAway has arrived in Westlake, Ohio, marking its 221st location nationwide. The opening at 155 Crocker Park Blvd serves as a capstone for the company’s twentieth anniversary, celebrating a rare streak of consistent expansion without a single clinic closure since 2006.

Jenny Bernard Joins Pam Harrington Exclusives in Kiawah Island Push

Since her first visit to Kiawah Island in 1984, Jenny Bernard has cultivated a deep personal connection to the South Carolina coast. Now, the veteran real estate agent is bringing that lifelong familiarity to Pam Harrington Exclusives, joining the independent brokerage to bolster its luxury residential operations across the region's sea islands.

Logistics Firms Face $725M in Cargo Theft as Security Tactics Pivot

Cargo theft across North America has surged to a record $725 million, marking a 60 percent increase from 2024 as organized criminal groups target high-value freight. With the average value per incident climbing to $273,990, logistics operators are abandoning passive recording systems in favor of proactive, AI-driven surveillance.

Cargo Theft Hits $725M Record as Logistics Firms Shift to Live Monitoring

Organized criminal groups are driving a surge in supply chain crime, pushing cargo theft losses to a record $725 million in 2025. With the average value per incident climbing 36 percent to $273,990, logistics operators are abandoning passive recording systems in favor of proactive, AI-driven surveillance to protect high-value freight.

Körber debuts STEPLogic Tracker to streamline FDA food traceability

With the FDA’s July 20, 2028, compliance deadline for FSMA 204 looming, Körber has unveiled STEPLogic Tracker. The new software aims to replace fragmented paper records and spreadsheets with a structured, app-based system designed to help food manufacturers manage lot-level data and meet strict 24-hour recall record retrieval requirements.

Financial Trust Asset Management Secures 49 Honors in Q1 PSN Rankings

Financial Trust Asset Management earned 49 awards in the first quarter of 2026, securing its place on the PSN Top Guns list. The recognition highlights the firm's performance across 18 investment categories, marking a significant milestone as the boutique manager navigated a period of intense geopolitical and market volatility.

Sol de Janeiro Partners With Washington Spirit to Redefine Matchdays

“This partnership represents more than visibility in women's sports; it's a celebration of joy, confidence, and community,” said Jordan Saxemard, CEO of Sol de Janeiro. The beauty brand is launching a multi-year deal with the Washington Spirit, aiming to integrate self-care rituals into the professional soccer experience from 2026 through 2028.

Hexaware Commits £25 Million to UK Tech Expansion

A £25 million investment from Hexaware Technologies will bring 1,200 new jobs to Manchester, Leeds, and Birmingham over the next five years. Announced during the G7 Summit, the initiative focuses on scaling research in artificial intelligence, quantum computing, and modernized digital services for the public sector.

Broadcom Sets Pricing Terms for $2.5 Billion Debt Buyback

Broadcom Inc. has finalized the pricing for its cash tender offer to repurchase up to $2.5 billion in outstanding senior notes. The buyback, which targets six series of debt securities ranging from 2030 to 2038 maturities, reflects current market yields and fixed spreads established as of mid-day June 17.

Choosing Between Private Centers and Public School Pre-K

When children turn four, parents face a critical choice between state-funded programs housed in public schools and those located in private childcare centers. While both aim to prepare students for kindergarten, the physical environment and educational philosophy often differ significantly, requiring families to look beyond simple cost and convenience.

Cruise Planners Secures National Recognition for Growth and Culture

Coral Springs-based Cruise Planners has earned two major industry accolades, securing a top-ten spot on Entrepreneur’s 2026 rankings and a place on Franchise Business Review’s Culture100 list. These honors acknowledge the agency’s dual success in scaling its home-based franchise model while maintaining high levels of owner satisfaction.

Rainfall Costs Western Washington Athletes Two Months of Field Time

More than 70 days of annual outdoor recreation are lost to precipitation in counties like Pacific and Grays Harbor, according to a new report from the Better Play Initiative. By analyzing 2025 weather data, the study reveals how heavy rainfall creates significant gaps in athletic programming across western Washington.

Nicklaus Children’s Performs Florida’s First Staged Cardiac Septation

Surgeons at Nicklaus Children’s Hospital have completed Florida’s first staged cardiac septation, a rare procedure that transforms a single functioning heart ventricle into two. By dividing the ventricular cavity in a multi-step process, the team aims to improve long-term circulatory function for a 1-year-old patient born with complex defects.

IceCure Medical Raises $5.5 Million in Premium Private Placement

IceCure Medical, the Caesarea-based developer of tumor-freezing cryoablation technology, has secured $5.5 million through a private placement with a single healthcare-focused institutional investor. The deal includes shares and warrants priced at $3.00 each, a valuation that sits at a premium to the company’s previous closing price on the Nasdaq.

FirstEnergy Braces for Fourth Major Storm System in Pennsylvania

With 14 confirmed tornadoes already carving a path through the region since early June, FirstEnergy Pennsylvania is bracing for its fourth significant storm system in less than two weeks. Forecasters warn of winds reaching 65 mph, threatening to topple trees and snap power lines across the service area.

DSC Expands Indonesian Foam Production to Bolster Supply Chain

To insulate footwear brands from global supply chain volatility, DSC is upgrading its P.T. Dah Ju facility in Jawa Barat, Indonesia. The expansion integrates advanced foam chemistry and fabrication technology, positioning the site as a strategic hub for local-for-local manufacturing ahead of anticipated regional trade shifts.

Trustible Earns Debut Recognition in Gartner AI Governance Report

Arlington-based Trustible has secured an honorable mention in the inaugural 2026 Gartner Magic Quadrant for AI Governance Platforms, marking a significant milestone for the startup as it navigates a rapidly consolidating market projected to reach $1.4 billion by the end of the decade.

DuoKey Debuts Quantum Risk Assessment Tool at VivaTech

With the NSA’s 2027 CNSA 2.0 deadline looming and threat actors actively harvesting encrypted data for future decryption, Swiss firm DuoKey has unveiled its Quantum Risk Score. The tool provides enterprises with an auditable, zero-access assessment of their cryptographic exposure to prepare for the looming post-quantum transition.

NextVision Founders to Sell $200 Million in Shares

A group of founders and management at Ra’anana-based NextVision Stabilized Systems have announced plans to sell $200 million worth of company stock. The move, representing roughly 2% of the imaging technology firm's outstanding shares, is aimed at broadening the investor base and improving liquidity through a coordinated bookbuilding process.

The AI Performance Gap Among System Integrators

Ninety-one percent of U.S. system integrators have integrated artificial intelligence into their workflows, yet only 15 percent successfully translate that adoption into tangible financial gains. A new benchmark study from Moonnox reveals that the divide lies not in technological volume, but in whether leadership treats AI as a foundational operating model.