Releases

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Global Car Wash Market Eyes $55 Billion Valuation by 2033

The global car wash industry is set to reach an estimated $55.5 billion valuation by 2033, expanding at a steady annual rate of 5.4%. Driven by a surging global vehicle parc and a shift toward recurring subscription models, the market is transitioning from informal roadside services to high-tech professional operations.

Chipotle Expands National Avocado Day to Two-Day Freebie Event

Chipotle is stretching its National Avocado Day celebration beyond the traditional 24-hour window, offering customers a dual-day promotion. On July 31 and August 1, the chain will provide free chips and guacamole with the purchase of any full-priced entrée, marking the first time the company has extended the offer.

Aron S. Ruben Joins Tri Lite to Spearhead Business Development

Chicago-based specialty lighting manufacturer Tri Lite, Inc. has appointed Aron S. Ruben to oversee business development and account management. Tasked with expanding the company’s footprint in material handling and safety markets, Ruben will manage relationships with dealers, distributors, and OEMs to drive growth across the firm’s industrial product portfolio.

Wellworks For You Shifts Wellness Focus Toward Personalized Cost Control

For over a decade, employers have questioned whether corporate wellness programs actually deliver promised savings, often citing lackluster returns in clinical outcomes. Philadelphia-based Wellworks For You is now attempting to reset this debate, arguing that hyper-personalization powered by data and machine learning is the only viable path to meaningful cost containment.

Messi Jewelry Scales Lab-Grown Diamond Output to 10,000 Carats Monthly

Wuzhou-based manufacturer Messi Jewelry has reached a monthly production capacity of 10,000 carats of lab-grown diamonds. This milestone reflects the company’s push to meet surging demand from international retailers and brands, moving beyond simple supply to offer full-scale OEM and ODM manufacturing services for global jewelry collections.

Longsys Targets Edge AI Integration with New Storage Foundry Model

San Jose prepares for FMS 2026, where Longsys will debut its "Edge AI Storage Fusion" initiative. By pivoting from passive data storage to an active compute-support architecture, the company aims to resolve bottlenecks in AI Box, AI PC, and mobile device deployment through a specialized foundry business model.

August Calhoun Takes Helm at Health Data Network TriNetX

With over 25 years of experience in healthcare technology, August Calhoun has been named the new Chief Executive Officer of TriNetX. The appointment marks the end of a transition period led by Jeff Margolis, who will now return to his primary role as Chairman of the Board.

Finexio and MassPay Join Forces for Global AP Payments

Cross-border vendor payments are moving inside the accounts payable workflow through a new partnership between Finexio and MassPay. By integrating MassPay’s payout infrastructure into Finexio’s platform, the companies aim to streamline international transactions across 180 countries, replacing fragmented bank portals with a unified, automated payment system.

Kaufman Rossin Targets Private Equity Market with New Dedicated Practice

Miami-based CPA firm Kaufman Rossin is launching a dedicated practice to serve middle-market private equity funds, positioning its independence as a competitive advantage. By maintaining a partner-owned structure, the firm aims to avoid the potential conflicts of interest inherent in advisors backed by rival private equity groups.

Del-Air Offers Hurricane Preparation Incentives for Florida Homeowners

Florida homeowners facing the peak of hurricane season are being urged to fortify their critical infrastructure before severe weather hits, with Orlando-based Del-Air Plumbing, Air Conditioning and Electric incentivizing proactive maintenance by offering a chance to win a new HVAC system valued at up to $25,000.

Transamerica and Advo(k)ate Advisors Launch Nexus Pooled Employer Plan

A new pooled employer plan aims to shift the administrative burden of retirement savings away from business owners. The Advo(k)ate Nexus PEP, a collaboration between Transamerica and Advo(k)ate Advisors, combines fiduciary outsourcing with integrated payroll services to simplify plan management for employers of any size.

Truth Social Funds Expands Portfolio With Acquisition of MAGA ETF

Yorkville America Equities has finalized its acquisition of the Point Bridge America First ETF, folding the legacy fund into the Truth Social platform. Now trading under the ticker MAGA on NYSE Arca, the fund joins a growing suite of investment products designed to align portfolios with Republican-leaning corporate contributions.

G50 Corp Extends Mineralization at Arizona Golconda Project

A 1.89-kilometer strike length now defines the Tub Structural Zone, as G50 Corp concludes its 2025-2026 drilling campaign in northwest Arizona. The final data confirms shallow gold, silver, and gallium deposits, shifting the Golconda site from a localized prospect to a project with significant expansion potential.

PSE&G Retains Top National Rankings for Customer Trust

For the third consecutive year, New Jersey’s largest utility has secured a top spot in the 2026 Cogent Syndicated Utility Trusted Brand & Customer Engagement studies. Market research firm Escalent recognized Public Service Electric and Gas Company as a leader in both residential customer confidence and business partnerships.

Ron Rock Tapped to Lead Sales Strategy at INFORCE

Insurance industry veteran Ron Rock has joined INFORCE as Director of Sales, aiming to bolster the firm’s mission of bridging the gap between complex insurance operations and technical implementation. He arrives at the Cleveland-based systems integrator with a mandate to expand support for carriers and managing general agents navigating critical upgrades.

The Next Frontier in Food Allergy Treatment

Valued at USD 2.7 billion in 2025, the global food allergy market is bracing for a decade of rapid expansion. Driven by a 9.4% projected CAGR through 2036, the sector is shifting from simple allergen avoidance toward a sophisticated pipeline of immunotherapies designed to modify the underlying disease response.

Beetles Gel Polish Expands Recycling Program with Nationwide Mail-In

To mark World Nature Conservation Day, Beetles Gel Polish is expanding its partnership with TerraCycle to offer a nationwide mail-in recycling program. The initiative allows consumers and professionals across the United States to recycle empty nail polish bottles from any brand, removing geographical barriers to sustainable disposal.

Securus Technologies Shifts Focus Toward Connected Corrections at ACA

As correctional agencies grapple with persistent staffing shortages and tighter budgets, the 156th Congress of Correction in Pittsburgh serves as a stage for Securus Technologies to demonstrate how integrated digital infrastructure can replace fragmented systems to improve facility safety and operational efficiency.

Steele Honda Expands Pickup Truck Availability in St. John's

St. John's drivers seeking utility and comfort can now access the current Honda pickup lineup at Steele Honda. The dealership, located at 547 Kenmount Road, has positioned its inventory to serve both professional contractors and weekend adventurers looking for a balance of towing capacity and daily drivability.

Khloud Debuts Value-Size Popcorn at California Costco Locations

Shoppers across Los Angeles and Orange County can now find Khloé Kardashian’s functional snack brand, Khloud, on Costco shelves. The company launched its first-ever 12oz value-size bag of White Cheddar Protein Popcorn this week, marking a significant milestone in its rapid retail expansion across the Southern California market.

AU Small Finance Bank Ups NRI Deposit Rates to Compete for Overseas Funds

With global interest rate dynamics shifting, AU Small Finance Bank has moved to capture a larger share of the diaspora’s capital. Effective July 27, 2026, the institution lifted its peak interest rates on Foreign Currency Non-Resident deposits to 7.40% and Non-Resident External fixed deposits to 7.60%.

RS Targets Industrial Efficiency With Integrated Control Panel Portfolio

As digital transformation reshapes factory floors, RS is pushing to move industrial operators away from viewing control panels as fragmented collections of hardware. The company’s expanded RS PRO Total Panel Integration portfolio aims to synchronize design, sourcing, and maintenance to curb rising costs associated with unplanned downtime.

Abu Dhabi Finance Week 2026 Sets Sights on Global Capital Networks

Under the patronage of Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the fifth Abu Dhabi Finance Week returns to Al Maryah Island this December. The event aims to cement the city’s status as a global financial hub by convening leaders who manage assets totaling more than half of the world’s GDP.

T. Rowe Price and Goldman Sachs Launch Private Markets Interval Fund

T. Rowe Price and Goldman Sachs Asset Management have launched a new interval fund aimed at providing individual investors with direct access to private market assets. The vehicle combines T. Rowe Price’s multi-asset expertise with Goldman Sachs’ alternatives platform and Oak Hill Advisors’ private credit capabilities to bypass traditional institutional barriers.

Pet Supplies Plus Marks Redford Naturals Decade With $1 Million Giveaway

To commemorate the ten-year anniversary of its private label Redford Naturals, Pet Supplies Plus is launching the "10 Years Wild Sweepstakes." Through September 6, the national retailer is distributing over $1 million in prizes, ranging from year-long food supplies to toys, accessible via a digital spin-to-win wheel.

AI Security Operations Center Market Projected to Reach $47 Billion

The global market for AI-driven Security Operations Centers is set for rapid expansion, climbing from $18.10 billion in 2026 to $47.07 billion by 2031. This growth, forecasted at a compound annual rate of 21.1%, reflects a critical industry pivot toward automated threat detection amidst persistent cybersecurity talent shortages.

Buffalo Lodging Associates Earns Hilton 2025 Performance Honor

Buffalo Lodging Associates has secured the 2025 Hilton Americas Franchise Owner Performance Award in the Commercial Excellence Extended Stay category. The recognition highlights the company’s management of more than 10 properties, distinguishing its operational standards and guest experience metrics from a competitive field of franchise partners across the Americas.

PHBS Carbon Salon Maps Trade and Climate Tensions

Nearly 100 scholars and policymakers gathered in Shenzhen on June 16 to address the friction between climate policy and international trade. The Carbon Economics Salon, hosted by Peking University, scrutinized the role of unilateral green regulations just weeks before the APEC Forestry Ministerial Meeting in the region.

Crown Brands Group Adds Italian Lingerie Label Cosabella to Portfolio

Seven months after acquiring Hanky Panky, New York-based Crown Brands Group has finalized the purchase of luxury lingerie house Cosabella from the Swiss-listed CALIDA GROUP. This move cements Crown's focus on building a dominant vertical in the premium intimates market through strategic acquisitions of heritage brands.

NinescapeLand Readies Modular Playground Systems for Global Markets

Wenzhou-based manufacturer NinescapeLand Playground is set to roll out an upgraded suite of commercial indoor equipment in the third quarter of 2026. The new series targets shopping malls, hotels, and family entertainment centers, focusing on higher density space utilization and modular, interactive play configurations for diverse international venues.