Releases

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EPAM Named Databricks AI Partner of the Year for 2026

EPAM Systems has secured the 2026 Databricks Consulting and Systems Integrator AI Partner of the Year award, a distinction bestowed at the annual Data + AI Summit. The recognition highlights the firm’s success in transitioning enterprise clients from fragmented data silos to production-grade AI applications and governed agents.

Michael Dolezal Joins Spektrum Labs to Modernize Private Equity Cyber Risk

A single weak portfolio company can jeopardize an entire fund's reputation, yet traditional private equity cyber due diligence relies on static, outdated questionnaires. To bridge this visibility gap, Spektrum Labs has appointed industry veteran Michael Dolezal as managing director of private equity to champion continuous, machine-verified cyber resilience across investment portfolios.

Sabanto and Verdant Robotics Merge Autonomy With Precision Spraying

Farmers can now operate tractors without a cab presence, as Sabanto’s retrofit autonomy system integrates directly with Verdant Robotics’ SharpShooter. By linking navigation to plant-level application, the combined platform automates field management, allowing tractors to identify weeds and adjust speed or implement height without human intervention.

Biohaven Completes Enrollment for Focal Epilepsy Trial

Biohaven has finalized enrollment for its RISE3 pivotal Phase 2/3 study, testing the drug opakalim as a treatment for refractory focal epilepsy. The company expects to release top-line results from the randomized, double-blind trial in the second half of 2026, marking a key step in its clinical development program.

Carbliss Transforms Abandoned Plymouth Kmart Into New Headquarters

After a decade of vacancy, the former Kmart on Eastern Avenue in Plymouth, Wisconsin, is poised for a revival. Beverage company Carbliss announced it has purchased the 90,000-square-foot property, transforming a long-dormant retail space into a sprawling corporate hub designed to serve as both an office and a public destination.

Graphic Packaging Replaces 880 Million Plastic Units with Paperboard

Graphic Packaging Holding Company replaced roughly 880 million plastic packages with paperboard alternatives in 2025, pushing its two-year total to nearly 1.9 billion units. This shift signals a broader industry move toward renewable materials as consumer brands grapple with tightening environmental regulations and evolving supply chain demands.

Phoenix Merchant Partners and Texas Capital Forge Private Credit Alliance

Dallas-based Phoenix Merchant Partners and Texas Capital Alternative Asset Management are launching a strategic partnership to provide senior secured financing to the core middle market. The collaboration centers on the upcoming debut of Spurstone Credit, a perpetual-life fund designed to address liquidity gaps for founder-led and non-sponsored enterprises.

DarioHealth Adds Former Humana Compliance Chief to Advisory Board

DarioHealth has appointed Sean O’Reilly, the former chief compliance officer at Humana, to its advisory board. The move comes as the digital health firm seeks to bolster its regulatory oversight and risk management capabilities while accelerating its push into the payer, provider, and employer markets.

FactSet and Google Cloud Partner to Embed Agentic AI in Financial Workflows

Financial data provider FactSet is integrating Google Cloud’s Gemini models and agentic AI infrastructure into its workstation platform. The multi-faceted collaboration aims to automate complex investment and deal-making tasks while ensuring that all AI-generated insights remain auditable and grounded in reliable, industry-specific financial data.

New Jersey Braces for Triple-Digit Heat as PSE&G Prepares Grid

With temperatures forecast to exceed 100 degrees across New Jersey throughout the week, PSE&G is urging residents to prepare for extreme conditions. The utility has mobilized additional crews to manage the anticipated surge in electricity demand, while warning that cooling a home in this heat requires significantly more power.

Rare WWII Messerschmitt 109 and Buchon Hit Private Market

Two of the world’s most significant surviving WWII combat aircraft are heading to a global tender. The Messerschmitt 109 E1, which claimed two RAF Spitfires in 1940, and the film-famous Hispano HA-1112-M4L Buchon 'Red 11' are being liquidated from an Australian private collection through Dallas-based Icon Global.

GreenTree Hospitality Reports Profit Growth Despite Revenue Dip

GreenTree Hospitality Group saw its quarterly net income climb to RMB 14.0 million in early 2026, even as total revenues slipped 14% to RMB 227.7 million. The China-based operator credits the improved bottom line to aggressive cost-cutting measures and a strategic pivot away from underperforming leased-and-operated properties.

Renalytix study links KidneyIntelX testing to long-term kidney protection

Patients diagnosed with early-stage diabetic kidney disease saw measurable improvements in long-term health outcomes after using the KidneyIntelX risk assessment tool. A two-year study of 2,470 patients across two major U.S. health systems confirms that biomarker-guided treatment significantly slows disease progression and shifts patients into lower risk categories.

Netgain Targets Spreadsheet-Heavy Accounting with New Consolidation Tool

Accounting software provider Netgain has launched an open beta for its latest consolidation platform, inviting a founding cohort of industry leaders to refine the product before its 2027 commercial debut. The initiative aims to replace manual spreadsheet workflows in organizations managing complex, multi-entity ownership structures.

AB Volvo Reports Shift in Voting Rights Following Share Conversion

The voting landscape at AB Volvo shifted on June 30, 2026, as 151 Series A shares were converted into an equal number of Series B shares. This routine adjustment, facilitated by provisions established during the 2011 Annual General Meeting, alters the company’s internal distribution of voting power.

ADC Therapeutics completes enrollment for ZYNLONTA combination trial

ADC Therapeutics has finished enrolling 100 patients for its LOTIS-7 Phase 1b trial, which tests the combination of ZYNLONTA and the bispecific antibody glofitamab in treating relapsed or refractory diffuse large B-cell lymphoma. The company plans to release full clinical data from the study by the end of 2026.

Alrajhi Capital Integrates Benzinga Data to Boost U.S. Stock Trading

Saudi Arabia’s Al Rajhi Capital has partnered with Detroit-based financial news provider Benzinga to overhaul its U.S. equities platform. By embedding real-time intelligence directly into its digital ecosystem, the firm aims to provide regional investors with the same depth of market data typically reserved for global institutional players.

Corporate Pet Relocation Becomes a Mainstream Mobility Benefit

Corporate demand for professional pet relocation services has surged nearly 300% over the last five years, forcing companies to overhaul their mobility policies. With nearly half of all firms now providing some form of pet shipment support, what was once a fringe perk is becoming a critical tool for talent retention.

CD&R Foundation Commits $4.5 Million to New York City Non-Profits

A $4.5 million investment from the CD&R Foundation will support five New York City non-profit organizations over the next four years. The grant package aims to remove barriers to employment and foster economic mobility through specialized local programs, marking a significant expansion of the firm’s ongoing community development efforts.

Allucent Launches IGNITE Network to Streamline Clinical Trial Delivery

To combat the unpredictability of drug development, Allucent has launched IGNITE, a global network of over 250 pre-qualified clinical research sites. By shifting from ad-hoc site selection to long-term partnerships, the CRO aims to accelerate trial activation and patient enrollment for small and mid-sized biopharma firms.

Muna Therapeutics Taps Former iTeos CEO Michel Detheux to Lead Pipeline

Michel Detheux, the former head of iTeos Therapeutics, has been named CEO of Muna Therapeutics, effective June 29, 2026. He succeeds founding CEO Rita Balice-Gordon, who transitions to the company’s Board of Directors after guiding the firm through its evolution into a clinical-stage developer of neurodegenerative therapies.

Quarterhill to Acquire Conduent Tolling Business in $70 Million Deal

Toronto-based Quarterhill Inc. has entered a definitive agreement to acquire the tolling solutions business of Conduent Business Services, a move set to triple the company’s tolling revenue. The acquisition, valued at $70 million in cash plus a 7% equity stake, aims to consolidate the firm's position in the global ITS market.

Main Street Capital Expands Credit Facility to $1.24 Billion

Houston-based Main Street Capital Corporation has secured a significant boost to its financial flexibility, raising its total corporate credit facility commitments to $1.24 billion. The amendment, finalized on June 30, 2026, also pushes the firm’s debt maturity schedule out by an additional year to June 2031.

Otis Brings Gen3 Elevator Modernization to EMEA Markets

Otis Worldwide Corporation is expanding its Gen3 MOD elevator modernization platform into Europe, the Middle East, and Africa. Aimed at updating aging infrastructure, the initiative allows building owners to transition legacy rope-based systems to the company’s signature coated steel belt technology, prioritizing safety compliance and enhanced passenger connectivity.

Saffron Extract Shows Promise for Mood and Self-Esteem in Menopause

A randomized, double-blind clinical trial suggests that a daily 28 mg dose of Affron saffron extract may improve mood, sleep quality, and self-esteem in menopausal and post-menopausal women. Published in Frontiers in Nutrition, the research highlights a potential non-pharmaceutical intervention for the interconnected emotional challenges often experienced during this life stage.

PowerBank Secures $4.2 Million to Scale U.S. Federal Energy Projects

Toronto-based energy developer PowerBank Corporation is raising $4.2 million through a registered direct offering of 7 million common shares. The capital infusion, set to close around July 1, 2026, aims to accelerate the company’s independent power producer portfolio and its current work with U.S. military and naval agencies.