Releases

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Crescent Adds Levels and Squares to NITE EYE Measuring Line

Working in dim basements or shadow-heavy construction sites often leads to costly errors and slowed progress. To combat these visibility hurdles, Crescent is expanding its NITE EYE line, introducing a series of levels and squares engineered with high-contrast markings specifically designed for low-light environments.

Vacuum Interrupters Debuts M18 Battery-Powered Micro-Ohmmeter

Denton-based Vacuum Interrupters has launched the LRTS10, a digital micro-ohmmeter that integrates directly with the Milwaukee M18 REDLITHIUM battery platform. By moving away from proprietary charging systems, the device allows field technicians to swap power packs mid-shift, ensuring continuous testing without downtime for recharging during critical maintenance tasks.

Greenberg Traurig Guides National Healthcare Properties in Expansion

National Healthcare Properties has finalized a series of strategic acquisitions across the United States, adding more than 780 units to its senior housing portfolio over the last three months. The real estate investment trust relied on legal counsel from Greenberg Traurig to navigate the complex, multi-state transactions.

M&T Bank Raises Prime Lending Rate to 7.00 Percent

Following a shift in regional financial benchmarks, M&T Bank Corporation announced it will raise its prime lending rate from 6.75% to 7.00%. The adjustment takes effect Thursday, September 17, 2026, impacting borrowing costs for customers across the lender's network spanning from Maine to Virginia and Washington, D.C.

TCI Entertainment Partners with Globant to Scale Interactive Commerce

Plantation-based TCI Entertainment has signed a Master Services Agreement with global technology firm Globant to accelerate the development of its patented commerce platform. This partnership aims to bridge the gap between traditional retail and virtual gaming environments, leveraging Globant’s expertise in software engineering and artificial intelligence to bring TCI’s proprietary technology to market.

RDSolutions Debuts ShelfGain to Bridge Retail Data and Field Execution

Consumer goods brands often struggle to translate complex retail data into physical shelf results, leaving revenue on the table due to inventory trapped in back rooms. Richmond-based RDSolutions is attempting to solve this disconnect with ShelfGain, a platform that triggers targeted field interventions based on real-time store performance signals.

Forensic Review Clears ActBlue of Foreign Donation Allegations

A forensic audit of 2023 contribution data has dismantled Republican claims that ActBlue facilitated illegal foreign funding, revealing that 99.99% of its nearly $1 billion in processed donations originated from confirmed domestic sources or donors providing valid U.S. passport numbers.

KanEquip JCB Opens Kansas City Hub to Anchor Regional Growth

When Trane Technologies acquired CSTK and exited the retail equipment market, the future of local JCB representation in Kansas City hung in the balance. KanEquip stepped in to fill the void, securing a new 17,000-square-foot facility and retaining the veteran staff responsible for the brand's local operations.

Adora Life Science Taps Neurosurgeon Dr. Clinton D. Morgan as CMO

Dr. Clinton D. Morgan, a veteran neurosurgeon and former Barrow Innovation Center leader, will join Adora Life Science as Chief Medical Officer on November 1, 2026. He transitions from a consulting role to a full-time position, tasked with steering the company’s clinical development and regulatory strategy for its PSGAG-based therapies.

Union Pacific and Norfolk Southern Gain Support from 500 Shippers

More than 500 freight customers have formally backed the proposed merger between Union Pacific and Norfolk Southern, citing the potential for a unified coast-to-coast rail network to streamline supply chains and lower costs. The growing coalition includes businesses across the agriculture, energy, and automotive sectors.

NEI Global Relocation Named Finalist for 2026 FEM EMEA EMMAs

The Forum for Expatriate Management has shortlisted Omaha-based NEI Global Relocation as a finalist for Relocation Management Company of the Year. This nomination marks the latest in a series of industry accolades for the firm, which supports international mobility programs for over 230 corporate clients across global markets.

U.S. Dermatology Partners Expands into Liberty Hill

Residents of Liberty Hill, Texas, gained direct access to specialized skin care as U.S. Dermatology Partners opened its newest clinic at 14001 W State Hwy 29. The expansion connects the rapidly growing community to a broader network of dermatological services already established throughout the Austin metropolitan region.

Illinois American Water Acquires Venice Wastewater System

Illinois American Water has finalized the $770,000 purchase of the City of Venice wastewater collection system, integrating approximately 500 new customers into its Metro East service footprint. The deal, authorized by the Illinois Commerce Commission, marks a shift toward unified management of the city’s collection, transportation, and treatment infrastructure.

PNC Bank Raises Prime Lending Rate to 7.00 Percent

Borrowers face higher costs starting September 17, 2026, as PNC Bank, N.A. implements an increase to its prime lending rate. The adjustment brings the bank's benchmark to 7.00%, reflecting a shift in the institution's credit pricing strategy for its retail and commercial banking portfolios across the United States.

TV Azteca Files for Chapter 15 Bankruptcy Protection in New York

Seeking to formalize its restructuring across international borders, media giant TV Azteca has filed a Chapter 15 petition in the Southern District of New York. The move aims to align its ongoing Mexican concurso mercantil proceedings with U.S. legal standards, providing a unified framework for its global creditors to participate.

West Fraser Secures $500 Million Loan and Announces Quarterly Dividend

Vancouver-based timber giant West Fraser Timber Co. Ltd. has finalized a new $500 million three-year term loan, a move designed to retire existing debt and bolster the company’s financial flexibility. Alongside the refinancing, the firm confirmed a quarterly dividend payout for its shareholders scheduled for mid-October.

Emma Hernan Scales Coast to Coast Kitchen with National Target Launch

Target shelves across the United States are stocking three new seafood appetizers from Coast to Coast Kitchen, the brand founded by entrepreneur and reality television personality Emma Hernan. The expansion brings her signature empanada line nationwide, adding exclusive lobster and shrimp varieties alongside a personal take on classic crab rangoon.

Mazda Joins National Interscholastic Cycling Association as Key Partner

The National Interscholastic Cycling Association has secured a multi-year agreement with Mazda North American Operations, naming the automaker its official automotive and SUV partner through 2029. The partnership positions Mazda as the presenting sponsor for NICA’s major regional events, bridging the gap between automotive transit and youth athletic development.

Colorado Youth Sports Giving Day Raises Record $7.2 Million

A statewide fundraising push has secured $7.2 million to bolster youth athletics, marking a 38 percent increase over last year’s totals. The campaign, which spanned the first two weeks of September, channeled resources to 349 nonprofit organizations dedicated to removing financial and physical barriers for over 500,000 young participants.

San Diego Zoo Registrars Vote to Join Teamsters Local 481

Registrars at the San Diego Zoo Wildlife Alliance have voted to join Teamsters Local 481, marking the second successful organizing drive at the institution this year. The move signals a broader trend of workforce consolidation within the organization, as staff seek greater leverage over compensation and workplace benefits.

Associated Banc-Corp Raises Prime Rate to 7 Percent

Green Bay-based Associated Banc-Corp is lifting its prime lending rate to 7.00 percent, up from the previous 6.75 percent. The adjustment, announced Monday, takes effect across the bank's regional network on September 17, 2026, marking a shift in borrowing costs for the Midwest institution's diverse client base.

Halozyme Therapeutics Proposes $1.05 Billion Convertible Note Offering

Halozyme Therapeutics is seeking to raise $1.05 billion through an offering of convertible senior notes due 2033. The San Diego-based biopharmaceutical firm plans to use the capital to repurchase existing debt and fund capped call transactions, alongside general corporate purposes, subject to market conditions and final pricing negotiations.

Lennar Earnings Slide as High Interest Rates Dampen Housing Demand

Lennar Corporation reported a sharp decline in third-quarter earnings, with net income falling to $284 million from $591 million in the same period last year. The homebuilder struggled as mortgage rates climbed toward 7%, forcing the company to lower its full-year delivery targets amid cooling consumer confidence and affordability constraints.

Con Edison to Host Strategic Investor Briefing on October 6

Consolidated Edison plans to host an investor presentation on October 6, 2026, offering a window into the utility’s long-term financial and operational trajectory. From 8:30 a.m. to 10 a.m. Eastern Time, the company’s leadership will detail how they intend to balance grid modernization costs with the push for cleaner energy.

TE Connectivity Sets December Dividend at $0.78 Per Share

Shareholders of TE Connectivity will receive a regular quarterly cash dividend of $0.78 per ordinary share, the company board confirmed on September 16. The payout is scheduled for distribution on December 11, 2026, marking the latest cycle for the industrial technology firm headquartered in Ireland.

Patrick Industries to Present at Wells Fargo Consumer Conference

Elkhart-based component manufacturer Patrick Industries is heading to Dana Point, California, on September 23 to join the 9th Annual Wells Fargo Consumer Conference. The company, which specializes in outdoor and housing market solutions, plans to leverage the event to engage directly with institutional investors and financial analysts.

Unisys Offloads $200 Million in Pension Obligations to New York Life

Unisys has finalized a deal to transfer approximately $200 million in U.S. pension liabilities to New York Life Insurance Company. The agreement, funded entirely through existing pension plan assets, covers benefits for roughly 1,700 retirees and marks a significant step in the company’s ongoing strategy to restructure its long-term financial obligations.

equipifi Secures Best of Show at FinovateFall 2026

Scottsdale-based fintech equipifi outperformed 71 other companies to secure a Best of Show award at FinovateFall 2026. The win, determined by an audience of banking executives and investors, highlights a growing industry shift toward bringing Buy Now, Pay Later capabilities in-house rather than outsourcing to third-party providers.

Brightstar Lottery Unveils Tech-Driven Growth Strategy at NASPL 2026

Brightstar Lottery PLC is set to showcase a sweeping array of digital and retail innovations at the North American Association of State and Provincial Lotteries conference in Orlando, Florida, from September 21 to 24, as the company pivots toward AI-integrated operations and omnichannel player engagement.

Florida Southern College Unveils 2026-2027 Festival of Fine Arts Season

Under the direction of Dr. Martha Placeres, Florida Southern College has announced the upcoming Festival of Fine Arts season, a long-standing cultural series in Lakeland. The program integrates guest artists with faculty and student performers, aiming to bridge the gap between campus life and the regional community through diverse creative works.