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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.
Lufax Shareholders Reconfirm Board and Approve Financial Reports
Shareholders of Lufax Holding Ltd gathered in Shanghai on June 30, 2026, to solidify the company's governance structure, formally approving two years of consolidated financial statements and finalizing the re-election of ten key members to the board of directors.
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.
Z Squared Taps Paradox Data Founder to Lead AI Infrastructure Push
Z Squared Inc. has named Jeffrey Harris as its new Chief Technology Officer, a strategic move that aligns with the company’s ongoing efforts to acquire a majority interest in Harris’s firm, Paradox Data LLC, as it pivots toward high-density AI-ready computing infrastructure.
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.
Skyhawk Reports Positive Phase 1/2 Data for Huntington's Drug SKY-0515
Patients treated with Skyhawk Therapeutics’ oral therapy SKY-0515 showed no signs of Huntington’s disease progression over twelve months, according to interim data presented at the European Academy of Neurology. The findings indicate stabilization or improvement across all four clinical subcomponents of the disease, defying expected rates of functional and cognitive decline.
Samsung Biologics Deepens Sustainability Commitments in 2026 ESG Report
Samsung Biologics has accelerated its transition to renewable energy and expanded supply chain oversight, according to its 2026 ESG report released today. The Incheon-based CDMO increased its renewable energy usage to 39.8% while broadening the scope of its carbon emissions reporting to cover 63.7% of its value chain.
enCore Energy Secures NRC License for South Dakota Uranium Project
The U.S. Nuclear Regulatory Commission has granted a 20-year renewal of the Source Materials License for the Dewey Burdock project in South Dakota. This regulatory milestone completes the federal permitting process for the site, allowing enCore Energy to move forward with its plans for in-situ recovery uranium extraction.
Mercuria Secures $3.84 Billion Credit Facility Amid Market Volatility
With global commodity markets facing persistent instability, Geneva-based Mercuria Energy Trading has finalized a $3.84 billion multi-currency revolving credit facility. The syndication, which launched in April, drew significant interest from international lenders, ultimately exceeding the company’s initial target by $340 million despite a complex geopolitical climate.
Data Consultancy BBI Marks Decade of Infrastructure Growth
Sixty percent of AI projects currently fail to reach deployment because they lack AI-ready data, a structural gap that defines the mission of BBI as the Schaumburg-based firm marks its tenth anniversary. Since 2016, the consultancy has focused on building the backend architecture required to support modern enterprise analytics.
Americans Reject Innovation Hype in Favor of Local Utility
Nearly 8 in 10 Americans believe the nation is focusing its innovative energy on the wrong areas, according to a recent survey from PMI U.S. The data suggests that public patience for corporate rhetoric is wearing thin, with a clear preference for tangible problem-solving over high-tech novelty.
BingX Partners with Save the Children to Aid Balkan Youth
Cryptocurrency exchange BingX has launched a partnership with Save the Children Hong Kong to bolster humanitarian efforts in the Western Balkans. The initiative targets children impacted by migration, extreme poverty, and social exclusion, marking the charity's first formal collaboration with a digital asset firm.
A&L Plumbing rebrands as Test of Time to mark 50-year legacy
Fifty years after Alba and Lewis Ehrlich founded their modest plumbing shop in 1976, the family business is shedding its original moniker. Now rebranded as Test of Time Plumbing, Heating, Cooling & Electrical, the Boston-area firm is expanding its service footprint while keeping its third-generation leadership intact.