Releases
Found 41427 articles
Globant Shifts Pricing Strategy Amid Q2 Revenue Stagnation
Globant reported second-quarter revenue of $614.4 million, a figure effectively flat compared to the same period last year, as the company pivots toward an AI-driven consumption model. CEO Martín Migoya signaled a departure from traditional hourly billing, betting on its new platform to capture enterprise demand.
Boyd Gaming Declares Quarterly Dividend of $0.20 per Share
Shareholders of Boyd Gaming Corporation are set to receive a quarterly cash dividend of $0.20 per share this autumn, as the Las Vegas-based operator maintains its capital return schedule. The payment follows a consistent financial approach from the company, which manages a diverse portfolio of 26 gaming properties across 11 states.
Nader Pasdar Appointed Chief Business Officer at Farmer Mac
With over 25 years of experience in agricultural finance and capital markets, Nader Pasdar will join the Federal Agricultural Mortgage Corporation as Executive Vice President and Chief Business Officer on August 17. He steps into the role previously held by Zachary N. Carpenter, who became CEO earlier this summer.
Medicare Platform Secures $50 Million to Scale AI-Driven Senior Care
Irvine-based Medicare Platform has secured a $50 million revolving credit facility, arranged by Dallas firm Nestpoint Group, to accelerate the national expansion of its AI-powered care management tools. The capital infusion targets the growing sector of Accountable Care Organizations, aiming to boost prevention-focused health outcomes for millions of Medicare beneficiaries.
Amazon Teamsters Push for New York Logistics Safety Bill
Amazon workers and labor allies gathered outside New York City Hall on August 13 to demand a floor vote on the Delivery Protection Act. With the backing of Mayor Zohran Mamdani and a supermajority of the City Council, advocates are escalating pressure to dismantle the company’s third-party subcontracting model.
Craig Minor Named to Inner Circle of Excellence for Nursing Innovation
Director of Emergency Services at Houston Methodist, Dr. Craig Minor has been inducted into the Inner Circle of Excellence. The recognition highlights his leadership in emergency nursing, particularly his current work preparing the operational framework for the health system’s high-tech facility scheduled to open in March 2025.
Michael Fuchs Honored as Pinnacle Lifetime Member of The Inner Circle
A specialist in gastroenterology and hepatology at the Central Virginia VA Health Care System, Michael Fuchs, MD, Ph.D., has been named a Pinnacle Lifetime Member of The Inner Circle. This recognition highlights his two-decade commitment to clinical research, physician education, and the advancement of care for military veterans.
Money Market Assets Climb to $7.93 Trillion Amid Inflow Surge
Investors poured $18.26 billion into money market funds for the week ending August 12, pushing total assets to a record $7.93 trillion. The latest data from the Investment Company Institute highlights a continued preference for government-backed instruments, even as tax-exempt funds faced a notable contraction in capital.
My-Take Debuts Automated Data Quality System to Combat Survey Fraud
As the market research industry battles a surge in bot-driven fraud and AI-generated survey responses, Westborough-based My-Take has launched DQM™, a dedicated management system designed to sanitize data before it impacts business decisions. The tool integrates into the company’s Insight Community+™ platform to automate respondent verification and behavioral analysis.
Goya Foods Dispatches 200,000 Pounds of Aid to Colombia Earthquake Victims
More than 200,000 pounds of essential food supplies are heading to Colombia following a series of devastating earthquakes. The donation, organized by New Jersey-based Goya Foods, arrives via five truckloads of inventory intended to provide immediate nourishment to families displaced or struggling in the disaster's aftermath.
Family of Robert Carradine Sues UCLA Hospital Over Fatal Safety Failures
A federal Immediate Jeopardy citation now anchors a wrongful death lawsuit filed by the family of actor Robert Carradine, who died following a suicide attempt at UCLA’s Resnick Neuropsychiatric Hospital. The legal action alleges that systemic negligence and ignored safety protocols directly caused the preventable death of the veteran performer.
Small Insurers Signal Shifts in Commercial Liability Markets
Smaller property and casualty insurers are emerging as the first indicators of broader market volatility, according to a recent survey by Demotech, Inc. and LION Specialty. The study examines how regional carriers, typically writing $10 million to $50 million in premiums, adapt to shifting risks in specialty commercial segments.
Ro Khanna Leads Opposition to California Utility Bailout
Representative Ro Khanna joined a high-profile coalition of legal experts and former regulators today to block a last-minute utility bailout proposed by Governor Gavin Newsom. The group, which includes UC Berkeley Law Dean Erwin Chemerinsky, warns that the legislation would prioritize shareholder profits over the rights of wildfire survivors.
Illinois American Water Opens 2026 Grant Cycle for Fire Departments
With over 1,150 grants awarded since 2010, Illinois American Water has launched its 2026 application cycle, offering financial support to emergency response units. The utility company is inviting fire departments within its service territories to secure funding for essential gear, specialized training, and critical firefighting infrastructure.
American Solar Energy Society Announces 2026 National Solar Tour
From October 2 to 4, 2026, the American Solar Energy Society will host its annual National Solar Tour, opening hundreds of homes, businesses, and schools to the public. This grassroots initiative invites neighbors to view renewable energy systems firsthand and learn about sustainable living through in-person and virtual showcases.
Harvey Authement Jr. Takes Helm at First Horizon Houma
With four and a half decades of local financial experience, Harvey Authement Jr. has been appointed Banking Center Manager at First Horizon Bank’s Houma branch. He steps into the role at the 706 Barrow Street location to oversee daily operations and drive client relationship strategies across the region.
Aragon Research: AI Assistants Overhaul Enterprise Coaching
The era of managers reviewing recorded calls days after they happen is ending. A new report from Aragon Research signals a shift toward real-time AI assistants that guide customer-facing employees during live interactions, effectively replacing passive oversight with active, automated coaching to prevent lost deals before they occur.
Private Credit Exposure Remains Concentrated Among Life Insurers
While life insurance companies—particularly those linked to private equity—have aggressively expanded their private credit portfolios, firms rated by Demotech face significantly lower risk. The shift toward less liquid assets like direct lending and leveraged loans has triggered regulatory alarm over transparency and liquidity.
InnovAsian Breaks Ground on First U.S. Chicken Processing Plant
Governor Sarah Huckabee Sanders joined executives in Jonesboro, Arkansas, this week to break ground on a new chicken processing facility for InnovAsian. The project, led by construction firm Gray, represents the first domestic poultry investment for the company’s parent organization, Japan’s Nichirei Corporation, as it expands its North American footprint.
EquipmentShare Investors Face Securities Fraud Class Action Deadline
Investors who incurred significant financial losses linked to EquipmentShare.com Inc. have until September 21, 2026, to apply for lead plaintiff status in an ongoing securities fraud class action. The lawsuit targets the company’s alleged failure to disclose critical business practices and related-party transactions during early 2026.
Investors Scrutinize Buyouts at MarineMax, Beazer Homes, and Accelerant
Three major corporate acquisitions face potential legal challenges as Halper Sadeh LLC launches investigations into the sales of MarineMax, Beazer Homes USA, and Accelerant Holdings. The firm is examining whether these transactions breach fiduciary duties or violate federal securities laws by failing to maximize value for ordinary shareholders.
Marler Clark Files Four Lawsuits Over Contaminated Food Ingredients
Four separate foodborne illness complaints filed in federal and state courts reveal a recurring failure in the American food supply chain: dangerous pathogens are bypassing brand-name companies to reach consumers through tainted raw ingredients, from whole milk powder in infant formula to contaminated lettuce and jalapeños.
Demotech Joins Louisiana Insurance Conference to Address Market Stability
With the Louisiana insurance market facing mounting pressure from climate risks, Demotech, Inc. has stepped in as a primary sponsor for the 2026 Louisiana Department of Insurance Annual Conference, scheduled for August 19–20 at the Hilton New Orleans Riverside under the theme Navigating the New Horizon.
PenFed Credit Union Expands Texas Footprint with Boerne Branch
A fresh ribbon-cutting ceremony marked the official debut of PenFed Credit Union’s Lemon Creek financial center at 29252 IH 10w, Suite 114, in Boerne, Texas. This site stands as the eighth location for the credit union in the state, signaling a push to broaden local access to banking services.
Tribal Casinos Report Revenue Gains Despite Profit Margin Compression
Tribal casinos saw a robust revenue increase of 16% in 2025, with average earnings climbing by $14 million. Yet, the industry faces a tightening financial landscape as inflationary pressures and escalating operating costs push expense margins to 74.5%, effectively narrowing net profit margins across the sector.
Replay Sports Cards Expands Live-Commerce Strategy to StockX
Trading card franchise Replay Sports Cards is moving into the StockX Live ecosystem, marking its expansion beyond traditional sports memorabilia. Starting August 16, the company will debut on the platform with a live stream featuring Pokémon auctions and giveaways, aiming to tap into a broader collector demographic.
TERREPOWER Adopts 'Reimagine What's Possible' as Global Brand Identity
Daphne, Alabama-based TERREPOWER is rebranding its corporate identity with the new tagline "Reimagine What's Possible." The shift marks the completion of a multi-year transition for the firm, which has evolved from a traditional automotive remanufacturer into a global leader specializing in circular economy solutions across multiple industrial sectors.
All U Need Pest Control Secures Fifth Consecutive Inc. 5000 Placement
Securing the No. 1410 spot on the 2026 Inc. 5000, Fort Myers-based All U Need Pest Control has landed on the list of America’s fastest-growing private companies for the fifth year in a row, signaling a sustained period of expansion driven by internal structural development and leadership coaching.
Collier County Chair Dan Kowal Backs Michael Carbonara for Congress
Dan Kowal, the Chairman of the Collier County Board of County Commissioners, has officially thrown his support behind Michael Carbonara’s bid for Florida’s 22nd Congressional District. The endorsement unites a veteran law enforcement official and county leader with a political newcomer aiming to flip the South Florida seat.
Flood-Damaged Cars Are Flooding the Used Market
As severe weather patterns persist across the United States, the National Insurance Crime Bureau is warning buyers that thousands of flood-damaged vehicles are being laundered into the secondary market. These cars, often totaled by insurers, are frequently sold to unsuspecting consumers without proper disclosure of their water-logged histories.