Releases

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Plume and FalconX Partner to Launch Onchain Structured Credit Facility

Investors can now access overcollateralized prime brokerage lending through the new FALX Structured Credit Facility, a collaborative effort between Plume and FalconX. By utilizing a specialized SPV managed by FalconX and curated by M11 Credit, the platform offers a predictable, yield-generating RWA strategy available across Ethereum, Solana, and Plume.

Pratt & Whitney F119 Engine Hits One Million Flight Hours Milestone

The F119 engine, the propulsion system powering the Lockheed Martin F-22 Raptor, has officially surpassed one million flight hours. This achievement marks a significant performance record for the world’s first fifth-generation fighter engine, which remains the backbone of the U.S. Air Force’s air superiority capabilities after two decades of service.

Republic Business Credit Backs Amazon Seller with $2 Million Facility

A Chicago-based Amazon third-party merchant has secured a $2 million asset-based lending facility from Republic Business Credit. The deal, which includes an accordion feature allowing for expansion up to $5 million, provides the retailer with non-dilutive capital to manage inventory growth without sacrificing equity ownership.

Integrity Acquires Miami-Based Dependable Life Solutions

Miami-based independent marketing organization Dependable Life Solutions has joined the Integrity distribution network, aiming to accelerate agent growth through AI-driven technology. While financial terms remain undisclosed, the partnership grants the Florida agency access to proprietary platforms designed to streamline insurance sales and client management for a national customer base.

Inmar Intelligence CEO Spencer Baird Named EY Southeast Entrepreneur

Spencer Baird, the chief executive of Inmar Intelligence, has been named an EY US Entrepreneur Of The Year 2026 for the Southeast region. The honor recognizes his role in the company's recent structural transformation and the accelerated innovation that has defined the Winston-Salem firm's performance over the past twelve months.

Nearly 25% of American Jobs Now Require No Formal Education

Nearly one in four U.S. workers is currently employed in a position that requires no formal educational credential, according to an analysis of recent Bureau of Labor Statistics data by OysterLink. These 37.4 million roles now outpace the combined employment share of master’s, doctoral, and associate degree-based positions.

Janis Benson Named General Counsel at PCS Retirement

Philadelphia-based recordkeeper PCS Retirement has tapped industry veteran Janis Benson to lead its legal division. Benson, who brings over 25 years of experience in financial services and fiduciary oversight, joins the firm to bolster governance and risk management as the company scales its national retirement plan operations.

Data Center Battery Market Projected to Reach $10.23 Billion by 2032

The global data center battery market is set to more than double in value over the next six years, climbing from $4.82 billion in 2026 to $10.23 billion by 2032. This expansion, driven by a compound annual growth rate of 13.4%, reflects a massive shift toward hardening digital infrastructure against power instability.

Why Adult Acne Persists Long After the Teenage Years

The assumption that acne is a temporary rite of passage reserved for adolescence is increasingly outdated. According to Dr. Lesley Loss of Dermatology Associates of Rochester, adult-onset breakouts are a growing reality, driven by a complex interplay of hormonal shifts, chronic stress, and modern lifestyle habits that require specialized dermatological intervention.

Caylent Secures AWS Competency for Amazon Connect Transformation

Caylent, an AI-focused AWS Premier Tier Services Partner, has achieved the AWS Amazon Connect Customer Services Competency. The designation highlights the firm's technical proficiency in migrating legacy contact center infrastructure to modern, AI-driven environments, a move that follows its strategic acquisition of the specialized consultancy Pronetx earlier this year.

National League of Cities and America's Newspapers launch Sign ON 250

As the United States approaches its 250th anniversary, the National League of Cities and America's Newspapers have launched a year-long initiative inviting citizens to digitally sign the Declaration of Independence. The campaign, which runs through July 4, 2027, aims to unify Americans around the founding principles of liberty and equality.

Sculptra Research Offers New Path for Under-Eye Rejuvenation

Persistent under-eye fatigue often defies traditional fixes, but new research led by Dr. Mitchel P. Goldman suggests a shift in strategy. By utilizing Sculptra to stimulate the skin’s own regenerative processes rather than relying solely on immediate volume replacement, clinicians are finding a way to address complex infraorbital hollowing.

Enverus Acquires PDS Energy Assets to Consolidate Industry Data Flows

Eighty percent of U.S. drilling and completion data now falls under the Enverus umbrella following the company’s acquisition of four major PDS Energy Information platforms. By absorbing these exchange networks, the Austin-based firm aims to link operational field events directly to the commercial workflows that account for them.

Lithium-Ion Battery Recycling Market Set to Hit $31.8 Billion by 2033

The global market for lithium-ion battery recycling is poised for explosive growth, climbing from an estimated $7.3 billion in 2026 to $31.8 billion by 2033. This 23.4% annual growth rate reflects the massive influx of spent electric vehicle batteries and tightening international mandates for material recovery.

TAG Targets Ad Revenue Streams Funding Illegal World Cup Broadcasts

The Trustworthy Accountability Group has launched a strategic campaign to choke off advertising revenue for 1,376 websites illegally streaming 2026 FIFA World Cup content. This industry-led effort complements a recent U.S. Department of Justice crackdown, aiming to starve digital piracy operations of the capital required to sustain their infrastructure.

Recovery Centers of America Launches Virtual Addiction Care in Idaho

Addiction treatment provider Recovery Centers of America is shedding its physical constraints, launching a virtual-only intensive outpatient program in states where the organization maintains no brick-and-mortar facilities. Idaho marks the first phase of this geographic expansion, with Missouri, Nebraska, South Dakota, and Wyoming slated to follow in the coming months.

AstreaX Upgrades Digital Wallet to Streamline Vehicle Renewals

Residents can now store vehicle titles, insurance records, and registration documents directly on their smartphones through the updated AX Wallet. Developed by AstreaX, a Michael Baker International company, the platform now allows users to receive proactive expiration alerts and complete registration renewals without visiting a government office.

Teem Integrates AI Into Healthcare Remote Staffing

Salt Lake City-based Teem is embedding artificial intelligence directly into its remote workforce operations, marking a shift toward blending human-led administrative support with machine-learning tools. The company aims to solve the industry-wide struggle of balancing lean operational costs with the complex, empathy-driven demands of patient care.

Higharc Secures $95M to Expand AI Platform Into Building Supply Chain

Durham-based Higharc has raised $95 million in a Series C funding round led by Insight Partners, pushing its total capital to over $170 million. The company plans to leverage the new investment to extend its generative AI platform beyond home design and into the materials distribution market via US LBM.

Pennsylvania Faces Drought Risks as Heat Waves Loom

With nearly a third of Pennsylvania currently facing abnormally dry conditions, local utility officials are urging residents to curb water consumption. The U.S. Drought Monitor indicates that 15 counties are under drought watch and four under warning, as residents prepare for a summer marked by record-breaking heat and limited rainfall.

Rooms To Go Retains Five-Star Status in USA Today Retail Rankings

For the second consecutive year, Seffner-based furniture giant Rooms To Go has secured five-star ratings on USA Today’s 2026 lists for America’s Best Stores and Most Trusted Brands. The accolades underscore the retailer's sustained influence across the Southeast and Texas, where it operates more than 200 showrooms.

Awani Capital Management Acquires Stake in Specialty Supplier Kalustyan

After three decades of independent growth, Union, New Jersey–based specialty ingredient provider Kalustyan has secured a strategic partnership with private equity firm Awani Capital Management. The deal aims to scale the supplier’s operations while maintaining its long-standing niche in the spice, flavor, and fragrance manufacturing sectors.

Dodge Adds Purple Haze to 2027 Charger Lineup for 60th Anniversary

To mark six decades since the Charger’s 1966 debut, Dodge is expanding its palette with Purple Haze, a limited-run exterior finish available exclusively for the 2027 model year. The high-gloss paint, priced at $795, aims to tap into the brand’s history of high-impact colors while appealing to muscle car enthusiasts.

Hexaware Debuts Agentic AI Platform to Automate Enterprise IT

Hexaware Technologies has launched Tensai® for Reasoning Ops, a platform designed to shift IT operations from reactive ticket resolution toward automated demand prevention. By utilizing agents that analyze live operational signals and enterprise context, the system aims to replace rigid, scripted runbooks with evidence-based decision-making.

Achondroplasia Trial Shows Growth Gains in Children

Children treated with the investigational oral therapy infigratinib saw their growth rates increase by 2.10 centimeters per year compared to those given a placebo. The global Phase 3 trial, involving 114 participants, marks a significant shift in addressing the underlying biological drivers of the most common form of dwarfism.

Founders Row Announces Women-Only Strength Studio LiftHER

Women have outgrown being an afterthought in the weight room, according to Katherine Mason. Alongside Nike Global Trainer Betina Gozo Shimonek and brand incubator Founders Row, Mason is launching LiftHER, a boutique studio concept debuting in Dallas this September, designed specifically to provide a supportive environment for female strength training.

Shantha Biologics Secures Novo Nordisk Manufacturing Deal

Hyderabad-based Shantha Biologics will begin providing cartridge fill-finish manufacturing services for Novo Nordisk, marking a significant expansion of its contract operations. The agreement leverages the Indian manufacturer’s specialized sterile facilities to support the global pharmaceutical giant’s production requirements under strict regulatory and quality compliance standards.

EisnerAmper Absorbs Restructuring Boutique Sherwood Partners

Silicon Valley-based restructuring firm Sherwood Partners will integrate its operations into global business advisor EisnerAmper this July. The move brings a specialized team of 30 professionals into the larger consultancy, aiming to bolster EisnerAmper’s capacity for handling corporate liquidations and distressed asset management across the technology and life sciences sectors.

Silicom Lands First AI Inference Production Order

Kfar Sava-based Silicom has secured its first commercial production order for an AI inference solution, signaling a shift from development to revenue generation. The deal, slated for delivery in 2026, pushes the company’s projected AI-related earnings into the multi-million-dollar range ahead of initial internal forecasts.