Recent Articles from Business Wire

Signal Energy and Applied High Voltage (AHV), leading providers of engineering, procurement, and construction (“EPC”) services, today announced their rebrand to CoVolt Power, Inc. This transformation marks a pivotal milestone in the companies’ histories, uniting their specialized expertise under a single, cohesive brand identity designed to accelerate progress on North America’s mandate to modernize and rapidly expand the grid.

Merchants Insurance Group was honored as the 2026 Outstanding Company Partner – Commercial Lines Carrier of the Year by Big I New York at the GO BIG Event, held May 4-5, 2026 at Turning Stone Resort Casino.

The Texas Department of Insurance (TDI) has proposed new rules that would significantly change how insurance appraisal disputes are handled for homeowners and residential property insurance claims in Texas. The proposed rules are part of Senate Bill 458 and are expected to take effect for policies issued or renewed on or after September 1, 2026.

Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce its entry into the Florida market with the acquisition of Coastal Insurance Services, LLC., alongside its affiliated agency, Optimal Insurance Solutions, Inc., based in Illinois. Both agencies operate under the leadership of industry veteran Rolando Gonzalez.

The Law Offices of Frank R. Cruz reminds investors of the upcoming May 18, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of Gemini Space Station, Inc. (“Gemini” or the “Company”) (NASDAQ: GEMI) investors who purchased Class A common stock pursuant and/or traceable to the Offering Documents issued in connection with the Company’s initial public offering conducted on or about September 12, 2025 (the “IPO” or “Offering”) and/or securities between September 12, 2025 and February 17, 2026, inclusive (the “Class Period”).

Flowserve Corporation (NYSE: FLS) (“Flowserve” or the “Company”), a leading provider of flow control products and services for the global infrastructure markets, has released the voting results of its 2026 Annual Meeting of Shareholders and announced its quarterly cash dividend.

Crescita Therapeutics Inc. (TSX: CTX and OTC US: CRRTF) (“Crescita” or the “Company”) today announced that at its special meeting (the “Meeting”) of shareholders (the “Shareholders”) held in person earlier today, Shareholders voted overwhelmingly in favour of the special resolution (the “Arrangement Resolution”) approving the previously announced plan of arrangement (the “Arrangement”) involving the Company, ClinActiv Holdings Inc. and its wholly-owned subsidiary (the “Purchaser”), pursuant to which the Purchaser will acquire all of the issued and outstanding common shares of the Company (the “Shares”) in exchange for all-cash consideration, subject to the terms and conditions of the arrangement agreement dated March 14, 2026 (the “Arrangement Agreement”). The target purchase price is $0.80 per Share, subject to upward or downward adjustment based on the Company’s net working capital balance at the closing of the Arrangement, subject to a minimum purchase price of $0.75 per Share.

Schneider National, Inc. (NYSE: SNDR), a premier multimodal provider of transportation, intermodal and logistics services, today announced participation in the following investment conference:

Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Phreesia, Inc. (NYSE: PHR) between May 8, 2025 and March 30, 2026. Phreesia describes itself as a company that “provides an integrated SaaS-based software and payment platform for the healthcare industry in the United States and Canada.”

Today, Calix, Inc. (NYSE: CALX) expanded its industry-leading Wi-Fi 7 portfolio for the AI-native Calix One™ platform, giving service providers a secure, standards‑based way to deliver high-performance connectivity alongside the platform’s agentic capabilities. The expanded portfolio includes the launch of the small-form-factor GigaSpire® 7u4 and ceiling-mounted GigaPro® 7p6, as well as the announcement of the XGS-PON-integrated GigaSpire 7u4txg and Active Ethernet GigaSpire 7u10tae available later this year. Together, these appliances help service providers of any size rapidly scale Wi-Fi 7 across residential, business, and multi-dwelling unit (MDU) environments—including fiber access networks eligible for Broadband Equity, Access, and Deployment (BEAD) funding.

Avenger Flight Group (“Avenger” or the “Company”), a leading global provider of advanced flight simulation training solutions for commercial airlines, today announced that it has successfully completed its restructuring process and emerged from Chapter 11, which it and certain affiliates commenced in February 2026 to implement a comprehensive restructuring and sale process, as AFG Newco, LLC , a well-capitalized platform positioned to execute on its next phase of growth and expansion and continue to do business as Avenger Flight Group.

Relias, the trusted multi-solution workforce enablement partner to 13,000 healthcare organizations and 4.5 million caregivers, today announced its partnership with KVC Health Systems, a national nonprofit delivering specialized mental and behavioral healthcare, to train more than 400 youth-serving clinicians on identifying and responding to suicide risk among children and families.

Mirantis, delivering Kubernetes-native infrastructure for AI, today announced additional capabilities for k0rdent AI, further expanding the platform beyond infrastructure management to help enterprises, neoclouds, and GPU cloud operators monetize AI infrastructure investments.

Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Wix.com Ltd. (NASDAQ:WIX) for potential securities fraud after its significant stock drop.

Motorola Solutions (NYSE: MSI) today announced a $100 million plan to scale and diversify the manufacturing and supply chain operations of Silvus Technologies, a global leader in advanced tactical networking and electromagnetic spectrum operations (EMSO).

The Commonwealth Exchange (TCE), a Lenox-based hospitality and food and beverage company focused on elevating guest experiences through thoughtful service and culturally grounded hospitality, has been named the official food, beverage and hospitality partner of Jacob’s Pillow, the internationally renowned dance festival and cultural institution based in the Berkshires.

The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, alongside the Housing Authority of Travis County, today announced the groundbreaking of a new 348-unit affordable housing community in Southeast Austin. The development will deliver quality housing near major job centers, retail and dining options, with a focus on thoughtfully-designed residences for working professionals and growing families. All units are reserved for households earning up to 60 percent of the Area Median Income (AMI).

KBRA assigns preliminary ratings to 10 classes of mortgage pass-through certificates from ADMT 2026-NQM4, a $407.0 million non-prime RMBS transaction sponsored by Atlas A&D Opportunity Fund III LP, with the majority of the loans being originated by A&D Mortgage, LLC or one of its qualified correspondents. The underlying collateral, comprising 979 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 752 and exhibit notable equity in each mortgaged property, with a WA combined LTV (CLTV) ratio of 68.4%. Notably, 4.1% of the loans are second-lien loans.

KBRA assigns preliminary ratings to four classes of notes totaling $359.87 million issued by Tesla Sustainable Business Energy Trust 2026-1 ("TSET 2026-1" or the "Issuer"), an ABS transaction secured by residential solar retail installment contracts ("RICs").

Hunt Capital Partners and Sycamore Development are pleased to announce the opening of Cabana Design District, a 175-unit multifamily development in the heart of Dallas. This historic project has transformed the iconic former Cabana Hotel, located at 899 North Stemmons Freeway, into a vibrant mixed-income housing development.

AM Best has assigned a Financial Strength Rating (FSR) of A (Excellent) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of Builders Alliance Insurance Company. The outlook assigned to these Credit Ratings (ratings) is stable. At the same time, AM Best has downgraded the Long-Term ICRs to “a” (Excellent) from “a+” (Excellent) and affirmed the FSR of A (Excellent) of Builders Mutual Insurance Company and Builders Premier Insurance Company. The outlook of the Long-Term ICR has been revised to stable from negative and the FSR is stable. These companies are collectively referred to as Builders Mutual Insurance Group (Builders Mutual) (Raleigh, NC).

The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Graphic Packaging Holding Company (“Graphic Packaging” or the “Company”) (NYSE: GPK) securities between February 4, 2025 and February 2, 2026, inclusive (the “Class Period”). Graphic Packaging investors have until July 6, 2026 to file a lead plaintiff motion.

NEXON Co., Ltd. (Nexon) (3659.TO), a global leader in online games, today announced the financial results for its first quarter ending on March 31, 2026.

C.H. Robinson, the global leader in Lean AI supply chains, today responded to the U.S. Supreme Court’s decision in the Montgomery v. Caribe Transport case, which clarifies the legal framework governing how certain state-level claims may be applied to federally licensed freight brokers. While the company is disappointed with the outcome, it respects the Court’s ruling and remains committed to safety, service, and compliance across the nation’s transportation network.

Vivint announces the rollout of its biggest app update ever, highlighted by the introduction of HomeView, a new dynamic in-app experience that allows users to see the state of their home, from locks to cameras to their HVAC system with a single glance.

Defense and industrial operators face a persistent problem: AI that performs well in controlled demonstrations but fails to deliver reliable, real-time intelligence in denied, disrupted, intermittent, or limited (DDIL) environments. The result is delayed decisions, stranded assets, and lost operational advantage.

GEICO today honored seven enlisted members of the United States military as recipients of its 2025 GEICO Military Service Awards, recognizing exceptional acts of selflessness and a steadfast commitment to service both in and out of uniform.

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa” (Superior) from “aa-” (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of MS Amlin AG (MS Reinsurance) (Switzerland). The outlook of the Long-Term ICR has been revised to stable from positive while the outlook of the FSR is stable. The company is a subsidiary of Mitsui Sumitomo Insurance Company, Limited (MSI).

NextNav Inc. (Nasdaq: NN), a leader in next-generation terrestrial positioning, navigation, and timing (PNT) and 3D geolocation solutions, today announced it has joined the OCUDU Ecosystem Foundation, a collaborative initiative hosted by the Linux Foundation to advance open, secure, and interoperable Open RAN centralized unit and distributed unit (CU/DU) implementations. The OCUDU Ecosystem Foundation provides a critical mechanism for industry vendors to optimally guide OCUDU development to support 5G and early AI Native 6G services.

KBRA releases research that examines the One Big Beautiful Bill Act's (OBBBA) potential to increase student loan ABS issuance beginning in July 2026 by creating a structural funding gap in graduate education. By capping federal borrowing and eliminating Graduate PLUS (Grad PLUS) for new borrowers, the legislation will shift incremental loan demand toward private lenders—some of which rely on securitization as a core funding source. In this report, we examine the size of the funding gap and discuss how the legislation could drive higher student loan ABS new issue volumes.

The law firm of Kirby McInerney LLP is investigating potential claims against Hub Group, Inc. (“Hub Group” or the “Company”) (NASDAQ:HUBG). The investigation concerns whether the Company and/or members of its senior management may have violated federal securities laws or engaged in other unlawful business practices.

Kodiak Gas Services, Inc. (NYSE: KGS) (“Kodiak” or the “Company”) today announced that it has priced its previously announced underwritten public offering of 10,563,380 shares of common stock (the “Offering”) at a price to the public of $71.00 per share. Additionally, the Company has granted the underwriters a 30-day option to purchase up to an additional 1,584,507 shares of its common stock from the Company at the public offering price, less underwriting discounts and commissions. The Offering is expected to close on May 15, 2026, subject to the satisfaction of customary closing conditions.

Boomi, the data activation company for AI, today announced a collaboration with Gong, the leader in Revenue AI, to bring revenue signals captured in Gong natively into the Boomi Enterprise Platform. This collaboration enables enterprises to establish an active data foundation designed to transform customer conversations into coordinated, automated actions across systems and functions enterprise-wide with Boomi Agentstudio.

Brivo, the AI innovator and global leader in cloud-native physical security solutions, today announced that the Brivo Security Platform API is now fully AI-friendly and capable, empowering developers and systems integrators to deploy business and security solutions faster than ever.

GK Digital Ventures, in partnership with Harris Blitzer Sports & Entertainment (HBSE), today announced an updated date for the second annual “The Global Game: The Future of Soccer, Tech & Media Summit.” The summit will now take place on Wednesday, July 15, 2026, at Prudential Center in Newark, NJ — strategically positioned during the week of the 2026 FIFA World Cup Final. The new date places the only B2B soccer gathering of its kind at the most defining moment in U.S. soccer history, with New Jersey at the center of the global spotlight.

Polymarket, the world’s largest prediction market, and Serie A USA today announced a multi-year regional partnership, naming Polymarket the official and exclusive prediction market partner of Serie A in the United States. The agreement marks a significant step forward in Serie A’s international growth strategy and introduces a new way for American fans to engage with the league, its clubs, and its players throughout the season.

Xsolla, a leading global video game commerce company, today announced a strategic partnership with Skich, an alternative mobile game marketplace operating on iOS in the EU under Apple's Digital Markets Act provisions and on Android globally. Under the agreement, Xsolla will serve as Merchant of Record for in-app purchases and paid game sales distributed through the Skich Store.

HopSkipDrive, the leader in safe, fast, and simple supplemental student transportation, today announced its 2026-2027 Back-to-School product suite—built around two commitments that every district deserves, but few can count on: consistency and safety. The suite brings free ride recording nationwide with unprecedented security, affordability, and transparency. In addition, the new Consistent CareDriver Program enables school districts to book a consistent driver for students who need it, while continuing to rely on HopSkipDrive's industry-leading turnaround time.

MusiCares®, the leading charity supporting the health and well-being of the music community, will host its third annual Mindful May, presented in collaboration with Sweetwater, in New Orleans on May 19 from 11 a.m. to 3 p.m. at the New Orleans Jazz & Heritage Festival and Foundation. Held during Mental Health Awareness Month, the free event will offer a restorative experience designed to support the mental, emotional and physical health of those working in music.

VIVERSE, the web content platform from HTC, today announced the winners of its first global Art Jam competition held in collaboration with popular immersive art and VR painting app Open Brush, the open-source successor to Google’s Tilt Brush.

A new report from TrueFoundry, an enterprise AI infrastructure platform, reveals that most enterprises deploying AI agents today cannot fully audit how those systems operate, signaling a critical gap.

Global Citizen and FIFA today announced that Madonna, Shakira, and BTS will co-headline the historic FIFA World Cup 2026™ Final Halftime Show, taking place on Sunday, July 19, 2026 at New York New Jersey Stadium. For the first time in FIFA World Cup™ history, the final will feature a Halftime Show, bringing together global artists for a singular moment at the intersection of sport, culture, and purpose, broadcast live around the world.

UBS today announced that Michael Bonomo has joined the firm as Senior Market Director and Taylor Wan has joined as Market Director in the San Francisco Market. Both will report to Emily de la Reguera, Market Executive for the San Francisco Market.

Beginning June 1, the average monthly residential customer bill in the ComEd service territory is expected to increase by $2 to $3 a month as a result of the annual PJM Interconnection capacity auction held last year. Rising capacity costs reflect a growing imbalance between rising energy demand and available generation, which is also driving up wholesale energy prices.

Ingram Micro Holding Corporation (NYSE: INGM) today announced it has been selected as a “Global Distributor” for HPE.

BNSF Railway, the nation’s leading freight transportation provider, today unveiled a series of specially painted locomotives to honor America’s 250th birthday.

Bell Textron Inc., a Textron Inc. (NYSE: TXT) company, announced the order of three additional Bell 407GXis by Life Flight Network, the largest not-for-profit air medical program in the country with the largest Bell HEMS fleet, operating 35 Bell aircraft. These new mission-ready Bell 407GXis will join their fleet to continue offering rapid response and exceptional emergency medical care across their extensive service area.

Global Payments Inc. (NYSE: GPN), a leading payment technology and software company that powers commerce for businesses of all sizes worldwide, announced today that Bob Cortopassi, president and chief operating officer, and Josh Whipple, chief financial officer, will present live at the J.P. Morgan Global Technology, Media and Communications Conference on Wednesday, May 20 at 11:20 a.m. EDT in Boston, MA.

Absolute Security today announced it has achieved GovRAMP Authorized Verification. GovRAMP is a nationally recognized security and risk program that provides a standardized approach for state, local, and education (SLED) agencies to procure verified cloud products and service providers. This authorization confirms that Absolute Secure Endpoint meets GovRAMP Moderate impact-level security control requirements, assuring SLED organizations that the solution has met standardized security and risk requirements for public sector use.

AM Best will participate in the Longevity and Mortality Market Origination panel at the European Life Settlement Association (ELSA) Longevity & Mortality Investor Conference in London on Tuesday, 19 May 2026.

KBRA releases research examining cash flow metrics, including cash flow from operations (CFO), CFO-to-EBITDA, CFO-to-Interest, and CFO-to-Capital Expenditures, for its portfolio of more than 2,400 unique global middle market sponsor-backed borrowers assessed for the last 12 months (LTM) ended March 31, 2026. These metrics, although nonstandard, provide a deeper view of the portfolio and reveal a story that differs from the industry-standard metrics analyzed in the quarterly published surveillance compendium.

As Global Accessibility Awareness Day (GAAD) marks its 15th year on May 21, 2026, Level Access is launching free resources and discounted training to help organizations and individuals move beyond awareness and embed accessibility into everyday practice.

Lighthouse Private Wealth today announced the completion of Senior Wealth Advisor Kevin Sercia’s transition to the firm’s supported independent advisor model. The announcement reflects Lighthouse’s approach to helping experienced advisors operate with added flexibility while relying on an established brand, operational infrastructure, technology resources, compliance support, and hands-on transition guidance.

Bonterra, a leading provider of ethical AI technology for social good organizations, today released its 2026 Impact Report, outlining a data-backed path to increase U.S. charitable giving to 3% of GDP by 2033. The report finds that more than $155 billion in potential charitable giving remains unrealized each year, representing the gap between current giving levels and that 3% goal.

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb” (Good) to the USD 750 million, 5.25% senior unsecured notes, due 2036, issued by Liberty Mutual Group Inc. (LMGI) (Boston, MA). The notes are guaranteed by Liberty Mutual Holding Company Inc. and LMHC Massachusetts Holdings, Inc. The outlook assigned to the Credit Rating (rating) is stable.

Musicow U.S., a pioneer in fan-driven music ownership and rights participation, today announced a strategic partnership with Injective, a leading American technology platform purpose-built for asset tokenization finance. The collaboration marks a significant milestone in Musicow U.S.'s long-term vision to transcend domestic boundaries and create expanded access via tokenized music IP and music-related investment opportunities for fans and investors worldwide.

Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm, has launched a research study examining providers of enterprise service management (ESM) services that support the AI-driven integration of business, corporate and technology operations.

Redpanda, the leading provider of mission-critical data and agent governance infrastructure, today announced record first quarter fiscal 2027 results, delivering 70% ARR growth year-over-year fueled by strong customer and partner momentum. The company also announced the appointment of three senior executives to accelerate its next phase of growth and capture growing enterprise demand for the data and governance infrastructure needed to deploy AI agents safely at scale.

The nonprofit Corvias Foundation reinforced its commitment to military-connected families with a free college and career resource fair at Fort Bragg with local, regional, and national partners to help families and their students navigate multiple paths to education and career success.

Sylmar Group, a national provider of industrial water treatment solutions, today announced the acquisition of Butler Water Corrections, Inc., a leading water treatment innovator based in New Jersey.

Keysight Technologies, Inc. (NYSE: KEYS) today announced a strategic collaboration with SRC UK Limited to support EW customers globally in modernizing their test and simulation environments. The initiative will help accelerate adoption of Keysight’s EWASP, enabling customers to transition to open, scalable, and software-defined architectures with greater efficiency and reduced operational risk. The collaboration also enables customers to preserve and integrate existing threat libraries and test assets into modern, open architectures, enabling continuity while accelerating modernization.

Next week at Dell Technologies World, KIOXIA America, Inc. will showcase how its advanced solid state drives (SSDs) and storage innovations are helping organizations reshape their business.

Thompson Thrift, in partnership with Forest Creek Ventures, recently hosted an open house for Southbridge Marketplace, a new community retail center in Maricopa. A Lowe’s-anchored first phase is now open, while a grocery-anchored second phase led by Aldi is under construction and expected to open later this year.

Graphon AI emerged from stealth today with $8.3 million in seed funding to build a new class of AI infrastructure: a pre-model intelligence layer that captures how data connects – making foundation models more accurate and capable of reasoning over unlimited multimodal data. The round was led by Arvind Gupta of Novera Ventures, with participation from Perplexity Fund, Samsung Next, GS Futures, Hitachi Ventures, Gaia Ventures, B37 Ventures, and Aurum Partners (the investment fund affiliated with the owners of the San Francisco 49ers and other strategic LPs).

Grant Street Group announced that Los Angeles County has selected the company’s cloud‑based TaxSys® platform to modernize and streamline the nation’s largest property tax operation. The project will introduce a more intuitive, accessible, and transparent tax experience for nearly 10 million residents, ensuring fast, accurate, and reliable access to property tax information and services.

TRUCE Software, the leader in mobile safety and productivity solutions for enterprise workforces, and Appogee, today announced a partnership that positions iOS as a complete AI video telematics platform.

Canva, the world’s leading visual communication platform, today released its third iteration of “The State of Marketing and AI” report, revealing a defining tension in modern marketing: AI is unlocking unprecedented speed and scale, but both marketers and consumers are grappling with how to balance that velocity with authenticity.

Viewpost is proud to announce that it has been honored as the recipient of the Coupa Pay Digital Payments Partner of the Year award at the prestigious Coupa Inspire Partner Summit 2026. Coupa, the leading platform for autonomous spend management, recognizes Viewpost's commitment to excellence, innovation, and collaboration within the Coupa Partner ecosystem.

The perimenopause conversation has shifted. We’ve gone from silence to an influx of oversimplified, unverified advice that makes it harder for many women to understand what’s actually happening in their bodies. Doctors are increasingly cautioning women to be skeptical of unproven solutions and to seek medically validated guidance.1 To combat this, Flo Health, the #1 OBGYN recommended women’s health app, is launching new, doctor-backed and medically-verified perimenopause tools to help dispel confusion and allow women to proactively take control of their health.

Hamilton Reserve Bank, the largest global bank headquartered in the Caribbean region with offices worldwide and more than US$9 billion in assets, serving clients from 150 countries in 126 currencies and 15 languages, announces that Taso Carayannis, a seasoned Wall Street investment banker has joined Hamilton Reserve Bank’s prestigious International Advisory Board.

Banner|Aetna, an Arizona-based health plan jointly owned by Banner Health, one of the few fully integrated health systems in the nation, and Aetna, a CVS Health company, today announced its sponsorship of the Arizona Interscholastic Association (AIA)—the governing body for Arizona high school athletics programs—making the insurer the AIA’s exclusive health insurance partner.

Boomi, the data activation company for AI, and Guru, the AI-powered enterprise knowledge platform, today announced a technology partnership to help organizations unlock the full value of their enterprise data for AI-driven decision-making. Unveiled at Boomi World 2026, the partnership makes Guru a launch partner for Boomi Connect, Boomi’s new managed connector service, and integrates Guru’s knowledge agents with Agentstudio and the Boomi MCP Registry to deliver richer, more accurate, and more actionable insights to knowledge workers and AI agents alike.

The Museum of Science and SciStarter, a digital platform that connects people to citizen science projects, today announced a new global partnership designed to mobilize online science audiences into active participants in real-world research.

TD SYNNEX (NYSE:SNX), a leading global distributor and solutions aggregator for the IT ecosystem, today announced it has been selected by HPE as one of its global distribution partners. The selection supports HPE’s move to a more unified worldwide distribution model that focuses on simplifying how partners engage with its portfolio, enabling more consistent execution across regions, and continuing to support strong regional and specialist distributors.

Total Expert today announced a major expansion of its Customer for Life Platform with its enterprise-grade Lead Management solution, purpose-built for retail and hybrid retail lenders. Lead Management unites intelligent routing, automated engagement, and complete pipeline and customer visibility with an intuitive originator experience. When combined with AI Sales Assistant and powered by context from Customer IQ, Lead Management ensures no lead slips through the cracks and every originator knows exactly where to focus and when to act.