Releases

3171 items in section

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.

Got Beef Replaces Traditional Marketing With AI-Generated Granny

A grandmotherly figure with a penchant for calling out industry fillers is the new face of Got Beef, but she does not exist. The direct-to-consumer jerky brand has launched a campaign featuring 'Granny,' a fully AI-generated spokesperson created to anchor the company's entire marketing strategy at a fraction of traditional costs.

Code3 Secures Dual Industry Honors for AI and Commerce Strategy

Digital marketing agency Code3 has secured two industry accolades, underscoring its shift toward integrating AI-driven analytics with consumer-focused storytelling. The firm received Skai’s Celeste AI Pioneer Award for its automated optimization models and a Bronze honor from The Drum for its revenue-generating retail content campaigns.

Century Fasteners to Showcase Cherry Aerospace Partnership at Farnborough

Under the flight paths of Hampshire, the aerospace supply chain converges this July as Century Fasteners Corp. prepares to highlight its strategic distribution partnership with Cherry Aerospace. The Elmhurst-based firm will occupy Booth #3521-b in Hall 3 during the 2026 Farnborough International Airshow, running from July 20 through July 24.

St. Jude Retains Status as Exclusive WHO Childhood Cancer Centre

St. Jude Children’s Research Hospital has been redesignated as the sole World Health Organization Collaborating Centre for Childhood Cancer. This extension formalizes a technical partnership aimed at bridging the global survival gap, where the hospital provides the scientific and policy expertise required to improve pediatric oncology outcomes worldwide.

EPR Fireworks Appoints Neil Arsenault as Chief Revenue Officer

As demand for integrated data platforms intensifies within public safety agencies, EPR Fireworks has named industry veteran Neil Arsenault as Chief Revenue Officer. Arsenault will spearhead the company’s national market expansion and revenue strategy, stepping into the role as the firm scales its cloud-based management software for fire and EMS departments.

Silver Point Capital Leads $500 Million Financing for REPAY Acquisition

A $500 million term loan, spearheaded by Silver Point Capital’s direct lending division, has finalized the funding for REPAY Holdings Corporation’s acquisition of KUBRA. The financing package, which also includes a $100 million revolving credit facility, concludes a deal that brings together two major players in integrated payment processing.

Daher Standardizes Global Supply Chain Operations with LeanDNA

Aircraft manufacturer Daher is expanding its use of the LeanDNA APEX platform across Europe, Morocco, and the United States to replace fragmented manual reporting with a unified, AI-driven supply chain. The move aims to synchronize global procurement and production teams under a single source of operational truth.

NUNM Relocates to Downtown Portland for 70th Anniversary

Moving from its longtime Lair Hill home, the National University of Natural Medicine has established a new urban footprint at 1621 SW 1st Ave. The transition, officially celebrated with a ribbon-cutting on June 26, marks seven decades of the institution’s history while anchoring its operations in the heart of the city.

The AI Boom's Trillion-Dollar Power Bottleneck

The rapid expansion of artificial intelligence is hitting a physical wall: electricity. As hyperscalers scramble to secure massive power loads for data centers, the industry’s focus is shifting from chip design and software to the raw energy infrastructure required to sustain the next generation of computing.

SecureSpace Debuts First Long Island Storage Facility in Deer Park

With 42,000 vehicles passing the intersection of Long Island Avenue and Commack Road daily, SecureSpace has planted its first flag on Long Island. The company opened a three-story, 49,875-square-foot facility at 999 Long Island Ave, marking its 11th location within the New York City metropolitan area.

CSD Access to Debut Direct Video Calling at Customer Contact Week

More than 5,000 industry professionals will gather in Las Vegas for Customer Contact Week from June 22–25, 2026, where CSD Access will serve as the exclusive accessibility sponsor. The firm intends to demonstrate how its Direct Video Calling solution eliminates the traditional relay hurdles faced by Deaf consumers.

Houston Firm Secures Spot on Texas Top 10 Lists After $42.5M Settlement

A $42.5 million settlement for the family of a worker killed in an industrial accident has propelled Houston-based Armstrong Lee & Baker LLP onto two 2025 Texas Top 10 lists. The firm secured the fifth spot for wrongful death settlements and the second for premises liability, marking a significant victory in workplace litigation.

Bad Birdie Enters Footwear Market With PAYNTR Golf Partnership

Scottsdale-based apparel brand Bad Birdie is moving beyond clothing into the footwear category, announcing a collaborative partnership with performance shoe manufacturer PAYNTR Golf. The debut collection aims to bridge the gap between high-level biomechanical engineering and the bold, expressive aesthetic that has defined Bad Birdie's rise in the sport.

Playboi Carti and 00pium to Lead ComplexCon’s 10-Year Anniversary

ComplexCon is marking its decade-long run by handing the keys to its 2026 anniversary festival to the 00pium collective. Playboi Carti, serving as artistic director alongside Hiroshi Fujiwara, will anchor the October 3–4 event in Los Angeles with a full-scale takeover of the L.A. LIVE campus and Crypto.com Arena.

PrismHR Expands Into Global Workforce Management

Service providers struggling with the complexities of international hiring now have a new tool to navigate borderless employment. PrismHR, a Vensure Employer Solutions company, unveiled its PrismHR Global platform at the PrismHR LIVE conference, promising to streamline compliance and operations for clients operating across 175 countries.

First Botulism Lawsuit Filed Against Nara Organics After Infant Hospitalization

Stephanie and Ian Roltsch have initiated legal action against Nara Organics following their three-month-old son’s hospitalization for botulism. The lawsuit, filed in Riverside County by Ron Simon & Associates and Gomez Trial Attorneys, marks the first formal challenge against the manufacturer after their organic powdered formula was linked to a multi-state outbreak.

Gilbane Joins Global Push to Clean Up the Concrete Supply Chain

Sand and silicates underpin nearly every modern structure, yet the global supply chain for these resources remains notoriously opaque. Gilbane Building Company has stepped in as a founding member of the Coalition for Responsible Sand and Silicates to overhaul how these essential construction materials are sourced and tracked.

PawCo Launches Science-Backed Dog Nutrition on Chewy

San Francisco-based pet nutrition brand PawCo has expanded its national retail presence, bringing its veterinarian-formulated meals and functional treats to the online marketplace Chewy. The move marks a key growth phase for the company as it seeks to scale access to its research-driven canine health products.

Flexstone Partners Acquires Glouston Capital to Build $15B Platform

Flexstone Partners has agreed to acquire Boston-based Glouston Capital Partners, creating a combined private equity powerhouse managing $15 billion in assets. The deal merges Flexstone’s global primary and co-investment reach with Glouston’s specialized North American secondary market expertise to better serve institutional clients across three continents.

Renault Consolidates Control Over Electric Van Venture Flexis

After securing regulatory clearance, Renault Group has finalized a deal to absorb the stakes of its partners in Flexis S.A.S., effectively taking full control of the electric vehicle project. The move ends the joint ownership structure while keeping Volvo Group involved as a key distribution partner for upcoming models.

Acurion Scales Leadership Team to Drive OncoGaze Platform Deployment

Following a $4.3 million seed funding round, San Diego-based precision oncology firm Acurion has significantly expanded its leadership, board, and advisory roster. The additions aim to bolster the company’s regulatory, clinical, and commercial capabilities as it prepares its AI-driven OncoGaze™ platform for clinical integration.

Harmonic Sells Video Business to MediaKind for $145 Million

San Jose-based Harmonic Inc. has offloaded its video division to MediaKind in a $145 million cash deal, a move that officially transitions the company into a pure-play broadband provider. The divestiture provides a fresh capital injection aimed at accelerating the firm’s virtualized network infrastructure and software-defined technology growth.

Electrolux Secures SEK 9 Billion in Oversubscribed Rights Issue

Electrolux Group has successfully closed its fully underwritten rights issue, drawing subscriptions for approximately 137.6 percent of the available shares. The strong investor demand ensures the company will raise gross proceeds of roughly SEK 9,062 million, comfortably exceeding the initial offering without needing to trigger any underwriting commitments.

Texans Credit Union Secures Top Spot in Forbes State Rankings

Texans Credit Union has claimed the number one position on Forbes’ 2026 list of America’s Best-In-State Credit Unions. The Richardson-based institution earned the top honor by securing high marks from consumers in categories ranging from trust and financial guidance to digital experience and overall service satisfaction.