Recent Articles from Business Wire

Fortitude Re announced today that AM Best has revised its outlook to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Fortitude Reinsurance Company Ltd., Fortitude Life Insurance & Annuity Company and Fortitude International Reinsurance Ltd, insurance and reinsurance subsidiaries of FGH Parent, LP, and collectively referred to as Fortitude Re.

BlueQubit, a quantum applications and software company, and partners received U.S. Department of Energy (DOE) Genesis Mission grants totaling $1.5 million to accelerate the development of fault-tolerant quantum computing systems.

AM Best has affirmed the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of The Hartford Insurance Group, Inc. (The Hartford) (Delaware) (NYSE: HIG), which is the ultimate parent of the companies hereinafter mentioned. AM Best also has affirmed the Financial Strength Rating (FSR) of A+ (Superior) the Long-Term ICRs of “aa” (Superior) of Hartford Fire Insurance Company (Hartford, CT) and its pooling subsidiaries and affiliates, as well as Hartford Life and Accident Insurance Company (Hartford, CT) and Navigators Insurance Company (New York, NY), collectively known as the Hartford Insurance Group. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of all companies and their ratings.)

FUJIFILM North America Corporation, Business Innovation and Imaging Divisions, jointly announce their participation at the upcoming International Print and Imaging Conference (IPIC), being held July 26-30, 2026, in Las Vegas, NV. The two divisions will be onsite demonstrating Fujifilm’s dynamic full-circle offerings and partner solutions that complete the imaging life cycle – from initial image capture to final printed output – which empower IPI Network Members to gain the latest product knowledge to maximize their business potential in the independent retail space.

BerryDunn, a full-service accounting, tax, and consulting firm, is pleased to announce the promotion of six new Principals. The promotions reflect BerryDunn’s focus on professional development and exceptional client service in support of the firm’s continued growth nationwide. This spring, BerryDunn earned its eleventh consecutive year on the Accounting Today Top 100 list, its fifth year in the top 50, and its third year as a Leader in Consulting.

Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Primoris Services Corporation (NYSE: PRIM) securities between August 5, 2025 and June 22, 2023. Primoris is an infrastructure services company that provides engineering, procurement, construction, and maintenance services to customers in the utilities, energy, and infrastructure markets.

GolfStatus, the leading golf tournament management solution for nonprofit and charity golf events, is pleased to announce the launch of its enhanced messaging tool. The fully integrated feature is designed to help tournament organizers more efficiently manage and deliver event communications.

River City Bank ("the Bank") reported net income of $19.6 million or $1.37 per share for the quarter ended June 30, 2026, which compares to $15.4 million, or $1.05 per share, for the same period in 2025. Net income was $37.6 million or $2.60 per share for the six months ended June 30, 2026, which compares to $27.7 million, or $1.89 per share, for the six months ended June 30, 2025. The Bank’s earnings for the quarter ended June 30, 2026 resulted in a 13.92% return on average equity and a 1.28% return on average assets. The Bank’s book value per share rose to $40.58 as of June 30, 2026 from $35.61 per share as of June 30, 2025, an increase of 14%.

The Board of Directors of intelligent power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $1.10 per ordinary share. The dividend is payable August 28, 2026, to shareholders of record at the close of business on August 7, 2026. Eaton has paid dividends on its shares every year since 1923.

Loan Guaranty Insurance Services (LGIS) today announced the relaunch of the company around a singular mission: helping commercial real estate lenders better manage credit risk through innovative insurance solutions.

American households are earning steadily but running on their thinnest cushion in two years, according to Q2 2026 findings from the Atlas x Pave Consumer Health Index released today. Built on behavior from more than 10 million accounts, incomes held firm for a sixth straight quarter even as gas prices and rising credit use thinned the buffer beneath them, hardest for the lowest cash-flow households.

CRITICAL START®, a leading AI-accelerated, human-validated MDR provider, today announced the appointment of Francine Geist as Chief Executive Officer, effective immediately. Geist will succeed Scott White, who has led Critical Start for the past two years, as part of a planned leadership transition.

DriveWealth, a global B2B Brokerage-as-a-Service platform designed to make investing easier for partners and their customers, was recognized on the fourth edition of CNBC's "World's Top FinTech Companies 2026" list released today. The award is presented by CNBC and Statista Inc., the world-leading statistics portal and industry ranking provider, and recognizes DriveWealth for its global efforts to deliver innovative investing and financial services solutions to banks, brokerages, and fintechs, and their customers around the world.

World Market® is pleased to announce the relocation of its Gresham, Oregon store to a new location within Gresham Station. The new 15,512 square foot store is located at 1090 NW Norman Ave, Gresham, OR 97030, relocating from its previous location.

Catapult (ASX: CAT), the global leader in sports technology for professional teams, announced the launch of IMPECT Video Scouting. IMPECT Video Scouting is a new state-of-the-art video scouting solution powered by IMPECT's proprietary Packing® data and contextual football intelligence for professional football clubs.

Odys Aviation, a dual-use aerospace company building long-range, hybrid-electric aircraft and proprietary Hybrid Power Systems, and the Commercial Aerospace business of ST Engineering, a global technology, defense and engineering group, today announced they have signed a Memorandum of Understanding (MOU) to develop a hybrid-electric power system for ST Engineering's DrN-600 medium-lift cargo unmanned aircraft system (UAS), working toward a Master Development Agreement under which Odys will supply the system.

Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company"), a premier, multi-platform distribution company, today announced that it will release its financial results for the second quarter ended June 30, 2026, on Thursday, August 6, 2026, pre-market.

Paralign Health has announced the launch of a first-of-its-kind provider network in Missouri that helps local fire departments and ambulance districts partner with health insurance plans to support patients at home through specially trained community paramedics. This care model is often referred to as Mobile Integrated Health–Community Paramedicine.

AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of First Insurance Company (SFIC) (Jordan).

Consumer savings expert The Freebie Guy, whose real name is Kendall Motzny, today announced the launch of The Freebie Guy mobile app, giving shoppers instant access to real-time deals, freebies, sweepstakes, exclusive coupons and money-saving opportunities.

Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Primoris Services Corporation (NYSE: PRIM) between August 5, 2025 and June 22 2026. Primoris describes itself as a company that “designs, builds, maintains, and upgrades critical energy and utility infrastructure, including electric grids, natural gas systems, renewable energy projects, pipelines, and communications networks, throughout the United States and Canada.”

AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Solidarity Bahrain B.S.C. (Solidarity Bahrain) (Bahrain).

The U.S. Department of Energy’s (DOE) Argonne National Laboratory has been awarded funding to lead and collaborate on a sweeping portfolio of artificial intelligence (AI)-driven research projects that will accelerate discovery on some of the nation’s most complex challenges and redefine how scientists harness AI at the frontiers of science and technology.

Update to the Wayne Gibbons quote in the release, dated July 7, 2026.

Transcripta Bio, an AI-powered drug discovery company focused on neurological and neuromuscular diseases, today announced it has raised $24 million since its Series A to advance IND-enabling studies across its portfolio and support clinical preparation in its Autism Spectrum Disorder (ASD) and Facioscapulohumeral Muscular Dystrophy (FSHD) programs. Mayo Clinic and Omnimed join existing investors JAZZ Venture Partners, BlueYard Capital, and a group of life sciences family offices as the company advances its pipeline toward human clinical trials. The company's pipeline spans four programs across Myotonic Dystrophy, FSHD, ASD, and Huntington's Disease (HD).

Solar Landscape has been named the No. 1 National Commercial Rooftop Solar Developer on Solar Power World's 2026 Top Solar Contractors List, marking the second consecutive year the company has earned the category’s top ranking.

Deko Cocktails, the premium spirits-based ready-to-drink cocktail brand, has partnered with Southern Crown Partners, one of the Southeast's largest beverage distributors, to launch across South Carolina, bringing its full lineup to retail statewide and to boutique and luxury hotels across the state.

Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Garage Living SoFlo LLC to an Individual Buyer. The acquisition closed May 15, 2026.

Thompson Thrift, a full-service real estate company engaged in multifamily and mixed-use development across the country, recently celebrated the ribbon cutting for Velara, a 312-unit luxury multifamily community in Ponte Vedra Beach’s award-winning Nocatee master planned community. Residents began moving into the community in February and continue to enjoy luxury apartment homes and resort-style amenities designed to complement the area's active, amenity-rich way of life.

Moniepoint Inc. ("Moniepoint" or the "Company"), Africa's all-in-one financial ecosystem platform for individuals, businesses, and their customers, today publishes its inaugural Impact Report titled "Creating Financial Happiness".

Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Ghentco, Inc. dba Baker Harris Hopkins Insurance Agency to Ascent Insurance Group, a Keystone Platform Partner. The acquisition closed July 1, 2026.

1872, a startup focused on AI-native manufacturing, today announced its opening, introducing what will be an automated steel fabrication factory model in Cincinnati’s Camp Washington neighborhood. The company, founded by three former SpaceX engineers, is propelled by a $15 million seed funding round, one of the largest in Ohio history, made through private funds advised by The O.H.I.O. Fund, a private fund investment adviser seeking to generate strong returns for investors while creating economic growth in Ohio.

H2O.ai, the world’s leading sovereign enterprise AI platform spanning predictive, generative and agentic AI, today announced that its open-weight H2OVL Mississippi vision-language models have surpassed a combined 2.4 million monthly downloads on Hugging Face. Purpose-built for optical character recognition and document AI, the two models are designed to run within the organization’s own infrastructure, and outperform models many times their size, a shift away from the costly, cloud-bound frontier LLMs that have dominated enterprise AI.

Regulatory News:

Zest AI, a leader in AI lending technology, today announced it has been named to CNBC's 2026 World's Top FinTech Companies list in the Enterprise Fintech category, marking the second year in a row the company has earned this distinction. The list, produced by CNBC in partnership with Statista, recognizes fintech companies worldwide that are driving innovation and impact across the financial services industry.

Through new strategic partnerships across the robotics ecosystem in the United States, the family-owned MedTech company KARL STORZ is bringing together advanced 3D visualization, robotic technologies, digital capabilities, and operating room integration. The collaborations with Moon Surgical and Sovato support a more open and connected approach to surgical innovation, designed to expand access, improve workflow efficiency, and enable future models of surgical care. The partnerships will initially be offered in the United States, ahead of a planned global rollout.

Law Offices of Howard G. Smith reminds investors of the upcoming September 14, 2026 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased GPGI, Inc. (“GPGI” or the “Company”) (NYSE: GPGI) Class A common stock between November 3, 2025 and May 6, 2026, inclusive (the “Class Period”).

Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of HDFC Bank Limited (“HDFC Bank” or the “Company”) (NYSE: HDB) investors concerning the Company’s possible violations of the federal securities laws.

Law Offices of Howard G. Smith reminds investors of the upcoming September 14, 2026 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased Planet Fitness, Inc. (“Planet Fitness” or the “Company”) (NYSE: PLNT) common stock between November 6, 2025 and May 6, 2026, inclusive (the “Class Period”).

Petra Labs announced a $5.2 million seed round led by Work-Bench, with participation from Afore and Pathlight, alongside strategic angels.

Today, the National Cryptocurrency Association (NCA), a non-profit organization dedicated to helping Americans understand and use crypto with confidence, released a new report with the Pragmatic Policy Group (PPG) examining crypto’s contribution to the economy. The Crypto at Work Report shows that crypto is reshaping the American labor market, supporting 34,000 direct jobs and, with a strong multiplier effect, 232,000 industry-adjacent jobs. As a meaningful driver of U.S. employment and income, crypto is on track to contribute more than $55 billion to the economy in 2026.

The Law Offices of Frank R. Cruz reminds investors of the upcoming July 27, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Zoetis Inc. (“Zoetis” or the “Company”) (NYSE: ZTS) securities between January 14, 2025 and May 6, 2026, inclusive (the “Class Period”).

HealthTrust Performance Group™ (HealthTrust) recognized seven member organizations for their dedication to delivering outstanding performance at its 2026 HealthTrust University (HTU) conference. HealthTrust delivers on its mission to make healthcare missions possible by hosting the Member Recognition Awards which honors organizations and individuals who demonstrate exceptional leadership, innovation and results by advancing clinical care, operational efficiency, financial performance, sustainability and overall healthcare excellence through effective use of HealthTrust resources and best practices.

The City of Westerville and altafiber are proud to announce a new public-private partnership that will bring altafiber’s cutting-edge, multigig XGS-PON fiber network to the community. Construction is slated to begin this summer, with the goal of providing Westerville residents with access to fast, reliable fiber internet for their homes within the next three years.

Laird Superfood, Inc. (NYSE American: LSF], company that produces plant-based, natural, and functional foods and beverages, announced today that Company CMO Andy Judd has been invited to present at “Health, Wellness & Longevity,” presented by Maxim Group LLC, on Wednesday, July 22nd at 10:00 a.m. ET

Private credit investors overwhelmingly agree that the asset class is a durable source of value and plan to maintain or increase their exposure to it, according to a new survey of 200 institutional investors and Registered Investment Advisers (RIAs). The American Investment Council (AIC) commissioned the survey, which found broad confidence in private credit across investor types.

Relatient, the leading patient scheduling platform, today announced a clinical request automation capability for its Dash Voice AI solution. The AI voice agent now automatically captures patients' clinical, medication, billing and other requests, then creates an actionable task for the right care team directly within existing workflow tools, like an EHR. This new functionality eliminates the voicemail bottleneck that absorbs staff time, replacing the manual cycle of listening, transcribing, and entering tasks, enabling faster response times with fewer patient hang-ups and callbacks.

ChristianaCare is transforming its approach to healthcare delivery by implementing Epic, one of the nation’s most widely used electronic health record (EHR) platforms, by bringing clinical information, care team workflows and patient-facing tools into a more connected digital environment. Epic supports safer, more coordinated care by making information easier to access across settings, reducing duplication and strengthening continuity. For patients, Epic’s secure online patient portal, MyChart makes it easier to view health information, communicate with care teams, manage appointments and receive care when and where they need it.

Harper Select, an imprint of HarperCollins, is excited to announce a nine-city US book tour celebrating comedy legend Eric Idle and his new book, Idle in Provence: A Brief History of Thyme, publishing September 8, 2026. The tour opens in New York City on September 29, 2026 and will travel across the country through late October, offering audiences an evening with the founding Monty Python member as he shares stories behind his most personal work yet.

Public Storage (NYSE: PSA, the “Company”), the leading owner and operator of self-storage facilities, today announced that it has completed the acquisition of National Storage Affiliates Trust (“NSA”). The transaction enhances Public Storage’s leadership as a premier global self-storage platform, with over 4,500 properties spanning 327 million rentable square feet across the United States, a significant and long-standing presence in Europe with Shurgard, and an announced strategic entry into Canada with Public Storage Canada. Under the terms of the merger agreement, at the closing of the transaction, holders of NSA common shares were entitled to receive 0.14 of a Public Storage common share for each NSA common share held.

Pontera today announced Bulk Rebalancing, a new workflow that helps advisory firms and their authorized investment or trading teams streamline rebalancing across selected accounts within the same workplace retirement plan. Bulk Rebalancing, one of Pontera’s most-requested features, delivers a more centralized and scalable way to manage repeated work when multiple clients share the same workplace retirement plan.

Infleqtion (NYSE: INFQ), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, announced it will deploy its fault-tolerant, neutral-atom quantum computer at the Illinois Quantum & Microelectronics Park (IQMP), with delivery planned in 2027. The company also opened a new Chicago Quantum Innovation Center to expand its work on quantum computing applications and continues to grow its Illinois workforce and investment. The Center aims to begin its work as a center of excellence for applying quantum computing to the American energy grid.

The Museum of Fine Arts, Boston (MFA) and the Martin Barooshian Artwork Trust are pleased to announce the MFA’s acquisition of Martin Barooshian's oil painting Revelation (1960), a landmark addition to its permanent collection. Among the earliest works from Barooshian’s mature period, Revelation shows his distinctive visual language coming fully into view: a vibrant ever-shifting world of biomorphic forms, fantastical figures, symbolic imagery, layered patterns, and bold color. Revelation joins 36 Barooshian works on paper already at the MFA, deepening the museum's commitment to an artist whose full significance is only now receiving the institutional recognition it deserves.

ISACA has installed its 2026-2027 Board of Directors during the association’s Annual General Meeting held today in Chicago, Illinois, USA, and virtually. New Board Chair Massimo Migliuolo and returning Board Vice Chair Jamie Norton will lead the global professional association that champions the workforce in fields including IT audit, governance, risk, privacy and cybersecurity.

Amida Technology Solutions, Inc. (Amida) today announced the launch of Saraswati, a cloud-native quality measurement platform for health plans, managed care organizations (MCOs), and Medicaid programs. The platform supports Healthcare Effectiveness Data and Information Set (HEDIS) measure calculation and performance management. Saraswati gives users near-real-time visibility into National Committee for Quality Assurance (NCQA) digital quality measures.

ThetaRay, a leader in AI infrastructure for financial crime compliance, today announced its recognition on the fourth edition of CNBC's World's Top Fintech Companies 2026 list in the Regtech category. Presented by CNBC and Statista Inc., the annual awards evaluate the top 500 global firms across key performance metrics, market presence, and technological innovation.

Spok Holdings, Inc. (NASDAQ: SPOK), a global leader in healthcare communications, today announced it will release its second quarter 2026 operating results on Wednesday, July 29, 2026, after the close of the U.S. financial markets.

Airship, the mobile-first customer experience platform leader, today announced its Airship Results Guarantee, a corporate commitment to achieve predetermined business outcomes for new customers. Concurrently, the company released the results of a separate, commissioned Total Economic Impact™ (TEI) study conducted by Forrester Consulting on behalf of Airship, July 2026. The study found that a composite organization based on interviewed customers achieved a 476% Return on Investment (ROI) with a payback period of less than six months.

VitalityIP and Schnuck Markets, Inc. today announced a partnership to launch an AI-powered, agentic shopping assistant that will bring a personalized shopping experience to each customer by delivering nutrition guidance, meal ideas and product recommendations making it easier for customers to choose foods that support their respective lifestyles.

HomeServices of America, the nation’s premier provider of homeownership services, today released its 2026 Mid-Year Housing Outlook, a comprehensive check-in on the national real estate market produced in partnership with Keeping Current Matters.

Apartment List, a leading AI-powered rental platform, today announced a new integration bringing its pay-per-lease model to AppFolio. This integration makes Apartment List a performance-based leasing option in the AppFolio Stack™ Marketplace – property teams pay when a lease is signed, not for clicks or leads. The expanded partnership furthers Apartment List’s mission to match renters with homes they love and helps property teams connect with higher-intent renters and reduce wasted marketing spend.

Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement and control solutions, today announced a new 1100 W board-mounted power factor correction (PFC) module — the industry's first solution of its kind in a half-brick form factor.

Flowspace, a modern fulfillment provider that combines powerful technology with expert fulfillment operations, today announced the launch of the Flowspace Fulfillment Freedom Fund, a first-of-its-kind transition support program designed to help ecommerce brands transition from restrictive and outdated third-party logistics (3PL) providers and unlock a more flexible, cost-effective fulfillment strategy.

Gambling.com Group Limited (Nasdaq: GAMB) (the “Company”) today announced that it has changed its name to Grandstand Limited. Beginning with the market open tomorrow, July 23, 2026, the Company’s ordinary shares will trade on the Nasdaq Global Market under the ticker symbol “GRSD”. The Company’s new corporate website is live at grandstand.com.

PAR Technology Corporation (NYSE: PAR) today announced that it will report its first quarter financial results on Thursday, August 6, 2026. The results are scheduled to be released at 4:00 p.m. ET, followed by an investor presentation and conference call at 4:30 p.m. ET.

Octagon Credit Investors, LLC (“Octagon,” “we” or “our”), a leading credit-focused asset manager with over 30 years of experience, today issued the following statement responding to the latest misleading claims made by XAI Floating Rate & Alternative Income Trust (NYSE: XFLT) (formerly, XAI Octagon Floating Rate & Alternative Income Trust) (the “Fund” or “XFLT”). Yesterday, Institutional Shareholder Services (“ISS”) said the Board’s plan was “not indefensible.” Notably, ISS did not say the Board’s proposed change of sub-adviser would help create value for shareholders.

A new report released today by the FINRA Investor Education Foundation (FINRA Foundation) reveals troubling knowledge gaps that may leave millions of Americans vulnerable to victimization as financial fraud losses near $200 billion annually. The report, entitled Patterns in Fraud Awareness: What Comes to Mind When Americans Think About Financial Fraud, finds that even the most recognized fraud category—identity-based fraud—was top-of-mind for only half of Americans.

The Network of Employers for Traffic Safety (NETS), with support from State Farm, has released the latest edition of its flagship report, Costs of Motor Vehicle Crashes to Employers: Latest Available Estimates and Key Findings (2026)™, which provides updated data and analysis on the financial impact of motor vehicle crashes on employers.

Sterlington PLLC announced today that Christopher Hurld has joined the firm as a partner in its Litigation practice. Hurld joins Sterlington from EverQuote, a publicly traded online insurance marketplace, where he served as General Counsel and Chief Compliance Officer. He previously practiced as Counsel at Jones Day.

Infleqtion (NYSE: INFQ), a global leader in quantum computing and quantum sensing powered by neutral-atom technology, announced it has been awarded three projects to accelerate American scientific research and innovation by the U.S. Department of Energy (DOE) for the Genesis Mission. The projects include collaborations with Argonne National Laboratory, Brookhaven National Laboratory, Lawrence Livermore National Laboratory and University of Colorado Boulder and span AI-optimized quantum circuit design for nuclear applications, deployable atomic quantum sensing with Agentic AI and nuclear fusion energy research.

The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced its preliminary and unaudited financial results for the second quarter of 2026.

Tindall Corporation, one of the largest providers of precast concrete solutions, has completed its acquisition of Atlanta Structural Concrete (ASC), now operating as ASC, A Tindall Company.

Kore.ai, the global leader in enterprise AI platforms and agentic applications, today named Uma Sandilya Chief Commercial Officer. Sandilya takes end-to-end ownership of sales, go-to-market (GTM), marketing, and strategy, uniting the company's commercial functions under a single leader as enterprise buyers move agentic AI from pilots into production.

Dwight Capital, together with its affiliate REIT, Dwight Mortgage Trust (DMT), and Dwight Healthcare Funding (DHF), closed a combined $735 million in seniors housing financings during the second quarter of 2026. The transactions encompassed HUD-insured loans, bridge financing, and revolving lines of credit (RLOCs) across 13 states.

Independent/Provider-Sponsored plans’ per member administrative costs grew by 5.3% in 2025 versus 6.2% in 2024. This was the lowest growth since the effects of Covid adaptation in 2021. Growth in costs for the cluster of Account and Membership Administration, at 6.4%, was the slowest growth since 2021. Median PMPM costs for all reporting Plans were $59.60 PMPM versus $55.67 PMPM last year as the Medicare Advantage mix increased.