Releases

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Freightos Posts Record Revenue Amidst Middle East Shipping Volatility

Freightos reported a record $7.7 million in revenue for the second quarter of 2026, exceeding management expectations despite ongoing disruptions to international shipping corridors. The logistics platform narrowed its losses significantly, citing a faster-than-anticipated recovery in transaction volumes across key Middle East trade routes.

Visteon Sets September Dividend Payout

Shareholders of Visteon Corporation will receive a quarterly dividend of $0.375 per common share, following an announcement from the company’s board of directors on August 17. The payout is scheduled for distribution on September 15, 2026, for those listed as shareholders by the close of business on September 1.

Touchmark Launches AI Compute Futures Market with Tölt Strategies

California-based Touchmark Technologies entered the market on August 14, debuting a trading platform for AI inference compute capacity. The launch, supported by regulatory firm Tölt Strategies, allows commercial buyers and producers to trade forward contracts, aiming to stabilize costs in the volatile AI infrastructure sector.

Pulsenmore Secures $1.27 Million Grant for AI Ultrasound Innovation

The Israel Innovation Authority has awarded Pulsenmore a $1.27 million grant to accelerate the development of its SmartScan AI program. This funding, the second of its kind in a month, underscores the company's push to integrate artificial intelligence into home ultrasound technology and streamline remote diagnostic workflows.

Otis Secures Contract for China’s Tianjin 117 Tower Supertall Project

Otis has been tapped to supply 251 elevators and escalators for the Tianjin 117 Tower, a nearly 600-meter skyscraper in northern China. The contract marks a return to the site for the company, which will modernize existing transit systems and install new units to service the country's third-tallest building.

Solitude Pipeline System Clears Final Investment Decision

A consortium led by WhiteWater has greenlit the Solitude Pipeline System, a dual 48-inch natural gas route connecting the Permian Basin to Katy, Texas. This infrastructure project, backed by long-term agreements with investment-grade shippers, aims to address the growing demand for natural gas transport to the Gulf Coast.

Indianapolis Homeowners Urged to Inspect Aging Plumbing Infrastructure

Homes built before 1986 remain at heightened risk for lead contamination and structural failure, prompting Indianapolis-based Complete Comfort Heating, Air and Plumbing to push for system assessments during National Water Quality Month as residents face the mounting costs of degraded, legacy pipe infrastructure.

VinFast Shifts Strategy Toward Measured Autonomy and Localized Supply

At the Bloomberg Sustainable Business Summit, Vingroup executive Anne Pham outlined a cautious roadmap for VinFast, prioritizing incremental driver-assistance technology and regional manufacturing hubs over speculative autonomy claims. The strategy aims to navigate global trade volatility while maintaining a steady path toward break-even profitability in Vietnam by 2027.

Glenpool's Quality Heating, Cooling, Plumbing & Electric Hits Inc. 5000

A 112% revenue surge over three years has propelled Glenpool-based Quality Heating, Cooling, Plumbing & Electric onto the 2026 Inc. 5000 list. The locally owned service provider, which has operated in the Tulsa area since 2014, secured the No. 2,806 spot among the fastest-growing private companies in the United States.

Castle Biosciences Joins Newly Launched Nasdaq Texas Exchange

Friendswood-based diagnostics firm Castle Biosciences has secured approval for a dual listing on the newly established Nasdaq Texas exchange. The move allows the company to maintain its primary presence on The Nasdaq Global Market while leveraging the Dallas-headquartered platform to bolster its regional visibility and investor engagement.

Liberty Petroleum Eyes Helium Reserves in Western Australia

As global helium supplies dwindle following strikes on Qatari infrastructure, Liberty Petroleum is pivoting its sights toward the Officer Basin. The company claims its 20-million-acre Australian exploration site, originally slated for oil and gas, potentially harbors over 950 billion cubic feet of the critical, non-renewable gas.

Clutch Now Powers AI for One in Five US Credit Union Members

With 30 million members now interacting with its autonomous agents, San Francisco-based fintech Clutch has reached a significant scale in the credit union sector. Six of the ten largest credit unions in the U.S. have abandoned fragmented, single-purpose AI tools in favor of the company's unified governance and engagement platform.

Henry D. Shannon to Retire as Chaffey College President

Standing before hundreds of faculty and staff at the annual convocation, Henry D. Shannon confirmed his departure from Chaffey College after nearly two decades at the helm. The veteran educator, who transformed the institution’s academic standing and campus infrastructure, will step down from his leadership role on September 24.

Loftware Chief Product Officer Michelle Northey Earns Trailblazer Award

Michelle Northey, Chief Product Officer at Loftware, has been named a recipient of the 2026 Women in Supply Chain Forum™ Award in the Trailblazers category. The honor recognizes her leadership in developing scalable, connected supply chain technologies that drive global innovation and measurable financial impact for complex enterprise operations.

Freightos Taps Yaron Eldad as New Chief Financial Officer

Yaron Eldad, a veteran executive with over 25 years of experience in public company finance and business scaling, will take the helm as Chief Financial Officer at Freightos Limited on September 1. He joins the executive leadership team under CEO Pablo Pinillos, tasked with steering the firm’s financial trajectory.

Color Masterbatch Market Forecasted to Reach $6.68 Billion by 2031

The global color masterbatch market is set for steady expansion, with valuations projected to climb from $4.94 billion in 2026 to $6.68 billion by 2031. Driven by a 6.24% annual growth rate, the sector is increasingly influenced by the technical demands of recycling and the rising need for high-end aesthetic finishes.

Loftware's Michelle Northey Honored as a 2026 Supply Chain Trailblazer

Michelle Northey, Chief Product Officer at Loftware, has been named a recipient of the 2026 Women in Supply Chain Forum™ Award in the Trailblazers category. The accolade honors her leadership in developing scalable, connected solutions that drive innovation and deliver measurable business impact across complex global supply chain networks.

SOLAI Limited Approves Massive Share Capital Increase and Consolidation

Shareholders of SOLAI Limited, formerly known as BIT Mining, voted to significantly restructure the company’s capital during an extraordinary general meeting held August 14. The move involves a major expansion of authorized shares followed by a consolidation ratio of 700-to-1 to reshape the firm's equity foundation.

The Mosaic Company Completes Debt Buyback Program

The Mosaic Company has concluded its cash tender offers for four series of senior notes and debentures, opting to increase its acquisition of 2029 notes by 2% following a strong response from bondholders. The Tampa-based fertilizer producer will finalize the transaction on August 18, 2026.

Vision Marine Secures Patent for Electric Powertrain Authentication

The United States Patent and Trademark Office has issued U.S. Patent No. 12,700,271 B2 to Vision Marine Technologies, covering proprietary methods for verifying the authenticity of electric vessel powertrain components and enforcing system-wide responses when unauthorized hardware is detected.

VERO Secures Fresh Capital from Sun River to Drive 2026 Profitability

With 31,140% growth recorded since 2021, VERO has secured a new round of capital backing from its existing investor group, led by Dallas-based Sun River Capital. The funds are earmarked to sustain the platform’s rapid nationwide scaling across 1,390 properties while the company targets profitability by the end of 2026.

IM Cannabis to Shed European Assets in Related-Party Sale

Conflict lead: Facing severe financial strain, IM Cannabis Corp. has agreed to sell its subsidiary, IMC Holdings, to a firm controlled by its own CEO, Oren Shuster. The deal aims to stabilize the company’s balance sheet by offloading international debt in exchange for a projected 3 million Canadian dollar equity boost.

CareVet Names Four Winners of Inaugural Clinical Outcomes Showcase

From a simple feline hideaway box to predictive software for disease risk, four innovations took top honors at the inaugural CareVet Clinical Outcomes Showcase in Nashville. The awards recognize projects that shift veterinary practice from reactive treatment toward proactive, evidence-based care for pets and their owners.

Buying a Starter Home Becomes Increasingly Competitive With Renting

Renting a starter home remains cheaper than buying across all 50 of the largest U.S. metropolitan areas as of July 2026, though the financial gap is narrowing. While national rents have declined for 36 consecutive months, falling home prices and lower mortgage rates are starting to pull the cost of ownership closer to monthly rental payments.

Centene CFO Drew Asher to Retire as Chris Neczypor Named Successor

Centene Corporation announced a long-term leadership transition as Chief Financial Officer Drew Asher prepares to step down from his post on December 31, 2026. He will be succeeded by Chris Neczypor, a former Lincoln Financial executive, who joins the health insurer in September to begin a structured handover period.

China Automotive Systems Expands Green Manufacturing Footprint

Jingzhou Henglong Automotive Parts Manufacturing Co., Ltd. has earned national-level 'Green Factory' status for 2025, marking the second such accolade for its parent company, China Automotive Systems. This designation highlights the subsidiary's integration of sustainable production methods and energy-efficient infrastructure within the competitive Chinese automotive components sector.

Dingdong Sets August 20 Date for Q2 2026 Earnings Release

Before the opening bell on August 20, 2026, Shanghai-based grocery retailer Dingdong will disclose its unaudited financial results for the second quarter. The announcement from the NYSE-listed company comes as it continues to lean on its self-operated fulfillment grid and private label strategy to navigate China's competitive e-commerce landscape.