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Newgen Software Reports 26% Profit Growth in Q1
New Delhi-based Newgen Software Technologies recorded a 26% year-over-year jump in profit after tax for the first quarter of fiscal year 2027, reaching ₹63 crore. The company’s revenue also saw a steady climb, rising 11% to ₹357 crore as demand for its AI-enabled enterprise platforms accelerated across global markets.
Kennedy Funding Closes $1.5 Million Alabama Land Loan in 18 Days
Facing a hard contractual deadline for a 41-acre site in Loxley, Alabama, developer Vision of Loxley APT, LLC secured a $1.5 million land loan from Kennedy Funding. The private lender finalized the financing in just 18 days, allowing the buyer to close on property approved for 420 multifamily units.
Global Travel Collection Returns to NBC for Brussels Travel Series
Brussels serves as the stage for the upcoming season of NBC’s 1st Look Presents: Extra Mile Club, where elite travel advisors compete to design bespoke itineraries for celebrity clients. The series, produced in partnership with Global Travel Collection, highlights the intricate logistics behind high-end luxury travel planning.
Saluda Medical Performs First U.S. Procedures With CAP24 Paddle Lead
Surgeons in Arkansas and Pennsylvania have completed the first U.S. implantations of the CAP24 paddle lead, marking the debut of closed-loop neuromodulation for patients requiring this specific surgical hardware. The procedure, cleared by the FDA, allows Saluda Medical to expand its Evoke therapy into the paddle-based spinal cord stimulation market.
ASRC Federal Secures $1.5 Billion Air Force Logistics Contract
The U.S. Air Force has tapped ASRC Federal for a $1.5 billion contract to manage industrial product support across three major logistics complexes. Over the next decade, the company will oversee supply chain operations, demand planning, and material kitting to sustain critical depot maintenance for the military’s aviation assets.
Index Engines Warns AI Models Are Supercharging Ransomware Attacks
Emerging AI models like Mythos and JadePuffer are transforming the cyber threat landscape by automating the entire attack chain. As these tools accelerate the speed and efficacy of ransomware, security experts argue that traditional reactive defenses are no longer sufficient to protect enterprise data ecosystems from sophisticated, machine-speed incursions.
Juno Bio Opens Dedicated Women’s Health Sequencing Lab in Oakland
Juno Bio has launched its first CLIA-certified sequencing laboratory in Oakland, California, specifically designed to address gaps in vaginal microbiome diagnostics. The facility opening coincides with a $3.8 million funding round supported by Ada Ventures, Artesian, Illumina Accelerator, and Entrepreneur First to scale the company’s clinical infrastructure.
SMBC Takes Minority Stake in Canal Road Group to Fuel Lending Growth
Miami-based Canal Road Group has secured a significant equity commitment from SMBC, a move that unlocks $225 million in new capital for its direct lending strategy. The deal, which includes a passive minority stake in the firm, pushes CRG’s total investment capacity to $2.3 billion.
International Paper to shutter Carrollton South packaging plant
The Carrollton South packaging facility in Texas is slated for closure by the end of the third quarter of 2026. International Paper confirmed the move as part of a broader strategy to recalibrate its manufacturing footprint across North America and better align production capacity with fluctuating customer demand.
US Liquefied Natural Gas Poised to Become Nation's Second-Largest Export
Within five years, the United States is on track to cement its position as a global energy powerhouse, with liquefied natural gas (LNG) set to become the country's second-largest net export industry. A new S&P Global Energy study suggests the sector will soon trail only civilian aircraft in economic output.
American Water Executives Join NACWA Leadership Forum in Cleveland
Cleveland serves as the backdrop for the National Association of Clean Water Agencies' 2026 Utility Leadership Conference, where American Water is positioning its operational strategies at the forefront of national discourse. The event brings together industry leaders to tackle the mounting pressure of maintaining infrastructure while preserving customer affordability.
Fora Hits $1 Billion Valuation as AI Reshapes Travel Booking
With $3 billion in lifetime bookings and a fresh $60 million Series D, New York-based Fora has reached unicorn status. The company is betting that its new embedded AI assistant, Via, will automate administrative drudgery, allowing its network of 15,000 travel advisors to focus exclusively on high-touch client relationships.
CobbleStone to Host CLE Session on Lawyer Mental Health in Nashville
Legal professionals gathering in Nashville for the 2026 CobbleStone User Conference will confront a persistent industry crisis during a specialized CLE session titled "Distressed Lawyers – An Occupational Hazard?" featuring Brian S. Quinn, who serves as the outreach coordinator for Lawyers Concerned for Lawyers of Pennsylvania.
U.S. Small Businesses Turn to Global Hiring Amid AI Talent Shortage
Seventy-six percent of small and medium-sized businesses report that H-1B visa restrictions are actively disrupting their workforce planning. Facing a domestic shortage of AI-skilled labor, these companies are increasingly abandoning traditional relocation models in favor of remote-first hiring strategies to secure the expertise required to remain competitive.
Barry Manilow Returns to the Stage at Westgate Las Vegas
Following a hiatus for lung cancer surgery, Barry Manilow made an emotional return to the International Theater at Westgate Las Vegas last week. The music icon performed three sold-out shows, marking a significant milestone in his lifetime residency and drawing thunderous ovations from thousands of loyal fans.
Brazil Regulator Clears Path for Ecopetrol Tender Offer
The Brazilian Securities and Exchange Commission has ruled in favor of Ecopetrol Investimentos do Brasil, effectively lifting the suspension on the company’s public tender offer for share acquisition. The decision, handed down on July 14, clears a major regulatory hurdle for the Colombian energy giant's expansion efforts.
Stowe Mountain Estate to Sell at Absolute Auction
A sprawling 11.6-acre mountain compound in Stowe, Vermont, is set to bypass traditional listing channels for a high-stakes exit. On July 22, the property known as The Preserve at Wade Pasture will head to a 100% absolute auction, meaning the gavel will fall to the highest bidder regardless of the final price.
Getac Scales Rugged Computing to Modernize Telecom Field Operations
Irvine-based Getac Technology Corporation is pushing to standardize rugged mobile hardware across telecommunications networks, aiming to curb downtime for field crews tasked with 5G and fiber infrastructure maintenance. The initiative focuses on replacing consumer-grade equipment with devices capable of surviving extreme weather, vibration, and high-pressure service environments.
Cambridge Community Foundation Backs Digital Tool to Boost Benefit Access
The Cambridge Community Foundation has awarded a grant to MyFriendBen, a digital platform designed to help local families navigate the complex landscape of government assistance. By integrating with the MASSCAP network, the initiative aims to bridge the gap between eligible residents and billions of dollars in unclaimed public aid.
Forward Financing Secures $525 Million to Scale Small Business Lending
Boston-based fintech Forward Financing has finalized a $525 million capital injection, combining a $350 million variable funding note facility with a $175 million asset-backed securitization. This move pushes the company’s total committed funding capacity to nearly $700 million, signaling aggressive growth plans for its small business lending operations.
PrimeXBT Secures World Finance Partnership Award
London-based broker PrimeXBT has been named winner of the Best Partnership Program award by World Finance. The recognition highlights the company's efforts to incentivize its affiliate network through a revenue-sharing model that offers participants up to 70 percent of generated commissions alongside lifetime payout structures.
Cambium Acquires General Woodcraft to Scale Sustainable Timber Network
Cambium, the digital platform aiming to modernize timber procurement, has acquired the 77-year-old specialty distributor General Woodcraft. This move marks the company’s fifth acquisition in five years, signaling a strategic effort to bridge legacy industry expertise with a unified, technology-driven national supply chain for high-performance building materials.
Avocado Oil Fraud Infiltrates Chips and Condiments, UC Davis Study Finds
A 2026 follow-up study from UC Davis reveals that the widespread adulteration of avocado oil has migrated from bottled products into processed staples. Researchers found that 93% of chips labeled as using pure avocado oil and 100% of tested salad dressings contained cheaper, unauthorized seed oils instead.
Chevron with Techron Named Presenting Sponsor for 2026 LA Auto Show
Chevron with Techron has signed on as the presenting sponsor for the 2026 Los Angeles Auto Show, leveraging the event to debut a reformulated version of its proprietary gasoline additive. The partnership highlights a strategic push to showcase fuel innovation alongside the latest vehicle debuts in the nation's largest automotive market.
Dash Debuts Compact Stacks Cookware System to Reclaim Kitchen Space
Home cooks struggling with overcrowded cupboards now have a streamlined alternative: the Dash Stacks Ceramic Cookware Set. This 16-piece system consolidates traditional kitchen gear into a single stackable unit, promising to clear 40% of cabinet space while integrating a high-powered electric burner directly into the cooking hardware.
Serif Health Debuts Network Benchmarking to Cut Rising Employer Costs
With the average American employee’s annual healthcare spend projected to hit $8,460 this year—a 7.9% jump—the stakes for choosing a medical network have never been higher. San Francisco-based Serif Health is responding with a new benchmarking module designed to move beyond generic discounts toward granular, data-backed network evaluation.
Wichita Leads Aerospace Boom as Industry Shifts to Production Readiness
Wichita, Kansas, now stands as the premier U.S. destination for aerospace and defense manufacturing, spearheading an industry-wide pivot from innovation-focused research to high-speed production. A new report by Global Location Strategies reveals that national investment has more than doubled since 2022, signaling a massive shift in industrial priorities.
University of Maryland and Fort Meade Forge Strategic Partnership
The University of Maryland and U.S. Army Garrison Fort George G. Meade have signed the state’s first Intergovernmental Support Agreement, creating a formal framework for faculty and students to provide research and technical support for the installation’s modernization and operational needs.
International Fellowship to Plant 3 Million Flags for October 7 Memorial
Three million miniature Israeli flags will blanket grounds across the globe this October as the International Fellowship of Christians and Jews launches its third annual Flags of Fellowship campaign. The initiative aims to unite 2,500 congregations and organizations in a visual demonstration against the global surge in anti-Semitism.
Scaled Agile Opens GI Bill Funding for Military Certification Paths
Veterans and active-duty military personnel can now pursue industry-standard Agile certifications without out-of-pocket costs. Scaled Agile, Inc. has aligned its training programs with federal funding pathways, including the GI Bill and military Credentialing Assistance, to help service members transition their leadership experience into recognized civilian credentials.