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New Energy Risk Expands Coverage with Yilkins to Include Advanced Pellet Torrefaction Technology

Lastest from Businesswire - Tue, 07/07/2026 - 09:06
AVON, Conn.--(BUSINESS WIRE)--New Energy Risk (“NER”), a leading provider of customized insurance solutions for innovative energy technologies, today announced the expansion of its existing partnership with Yilkins, a leading developer and producer of proprietary modular equipment for biomass upgrading.The expanded partnership builds on the ongoing collaboration between NER and Yilkins, which began in 2023, extending insurance coverage under NER’s master policy to include Yilkins’ advanced pelle

Jason Colodne and Colbeck Capital Continue Sponsorship of the 2026 Children's Tumor Foundation NF Summit

Lastest from Businesswire - Tue, 07/07/2026 - 09:06
NEW YORK--(BUSINESS WIRE)--Colbeck Capital Management (“Colbeck Capital”), a leading middle-market private credit firm focused on strategic lending, today announced its continued support of the Children’s Tumor Foundation (“CTF” or the “Foundation”) through sponsorship of the 2026 NF Summit, the foremost patient and family gathering for the neurofibromatosis and schwannomatosis (collectively, "NF") community. Now in its fifth year, the NF Summit will take place July 9–11 at the Hyatt Regency De

Companies are deploying agents. Less than 10% of employees are equipped to use them.

Lastest from Businesswire - Tue, 07/07/2026 - 09:06
PALO ALTO, Calif.--(BUSINESS WIRE)--Section’s latest AI Proficiency Report finds that enterprise organizations are moving on AI, but the workforce isn’t moving with them. Training, tool access, and daily usage are up from 6 months ago, but employee capability is lagging behind, and most workforces are not equipped to drive AI ROI for the business. While 69% of workers say their company has taken some action on agents, fewer than 10% can correctly define what an AI agent is in their own words, a

Kestra Financial Expands Business Development Team Across the Western U.S.

Lastest from Businesswire - Tue, 07/07/2026 - 09:06
AUSTIN, Texas--(BUSINESS WIRE)--Kestra Financial, an industry-leading wealth management platform, today announced the continued expansion of its business development team with the addition of Austen Karr and the promotion of Jack Roller, both serving as Business Development Consultants. The two appointments extend Kestra's recruiting coverage across the Western U.S., building on the firm's continued focus on disciplined, advisor-centric growth across both Kestra Financial and its breakaway-advi

SURMOUNT Facilitates $13 Million Net Lease Transaction of Chase Bank Location in New York City

Lastest from Businesswire - Tue, 07/07/2026 - 09:06
NEW YORK--(BUSINESS WIRE)--SURMOUNT, the industry-leading full-service net lease real estate advisory and investment platform, today announced the completion of a $13 million net lease transaction of a Chase Bank branch located at 1295 Madison Avenue in New York, NY. The firm represented both the buyer and the seller in the transaction, which closed this month. The 3,000-square-foot ground-floor bank branch traded at a 4.74% capitalization rate, or $4,300 per square foot. The sale price per squ

CTG Appoints Stefanie DeSantis Chief Marketing Officer

Lastest from Businesswire - Tue, 07/07/2026 - 09:06
BUFFALO, N.Y.--(BUSINESS WIRE)-- #CMO--CTG appoints Stefanie DeSantis as Chief Marketing Officer to strengthen its brand, advance go-to-market strategy, and accelerate growth.

BTU INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Peabody Energy Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Tue, 07/07/2026 - 09:06
SAN DIEGO--(BUSINESS WIRE)---- $BTU #BTU--The case alleges Peabody Energy and its top executives made false and/or misleading statements to investors.

Lightyear Capital Announces a Strategic Investment in Corestream to Accelerate the Future of Voluntary Benefits

Lastest from Businesswire - Tue, 07/07/2026 - 09:06
TAMPA, Fla. & NEW YORK--(BUSINESS WIRE)--Lightyear Capital LLC (“Lightyear”) today announced a strategic investment in Corestream (the “Company”), a leading voluntary benefits and employee savings technology platform, to support Corestream's continued growth and mission to build the most trusted voluntary benefits experience for employers, employees, brokers, carriers and partners. Founded in 2006, Corestream automates the full voluntary benefits lifecycle, from selection and enrollment through

Ensis Partners Appoints Konstantin Malyshkin as Principal

Lastest from Businesswire - Tue, 07/07/2026 - 09:06
NEW YORK--(BUSINESS WIRE)--Ensis Partners, a boutique investment bank focused on restructuring advisory and capital solutions, today announced that Konstantin Malyshkin has joined the firm as a Principal. Malyshkin brings experience with stakeholders across the middle and upper-middle market in restructuring, special situations and private capital, including serving as an advisor on complex capital structures, in-court and out-of-court restructurings, financings and strategic transactions. Maly

Power Digital Appoints Charlie Chappell as President of CPG Division to Lead Vertical Growth Strategy

Lastest from Businesswire - Tue, 07/07/2026 - 09:06
SAN DIEGO--(BUSINESS WIRE)--Power Digital, a leading tech-enabled growth marketing firm, today announced the appointment of Charlie Chappell as President of its Consumer Packaged Goods (CPG) Division. The hire marks the latest expansion of Power Digital's vertical division model, which pairs deep category specialization with enterprise-scale intelligence to drive measurable growth across industries. Chappell joins Power Digital following a 25-year career building sustainable growth for leading

Blend Signs First Wave of Customers onto Autopilot, Its AI Agent for Mortgage Lending

Lastest from Businesswire - Tue, 07/07/2026 - 09:06
SAN FRANCISCO--(BUSINESS WIRE)--Blend Labs, Inc. (NYSE: BLND), today announced the first commercial customers for Blend Autopilot following a four-month early preview.Five lenders, including Onity Mortgage, one of the largest mortgage servicers in the nation, have expanded their partnerships with Blend to include Autopilot, the company’s agentic AI solution.This comes after a 4-month preview period, where lenders activated Autopilot across more than 25,500 loans and provided feedback that shaped

Powerlaw Corp. (Nasdaq: PWRL) Highlights OpenAI Holding as Reports Suggest IPO Delayed Until 2027

Lastest from Businesswire - Tue, 07/07/2026 - 06:06
SAN FRANCISCO--(BUSINESS WIRE)--Powerlaw Corp. (Nasdaq: PWRL), a publicly traded closed-end fund advised by Powerlaw Fund Adviser, LLC, today highlights its pre-IPO exposure to portfolio company OpenAI, which filed confidential paperwork for a potential initial public offering earlier this month. Recent reports indicate that the company may delay its IPO until 2027.“We backed OpenAI across three tranches starting in spring 2025,” said Ben Black, Chief Investment Officer of PWRL. “Since PWRL inve

Allocate Expands Leadership Team Amid Rapid Growth, Appoints Matt Dunn as Chief Revenue Officer

Lastest from Businesswire - Tue, 07/07/2026 - 06:06
SAN FRANCISCO--(BUSINESS WIRE)--Allocate, the private markets operating system for wealth advisory firms and fund managers, today announced the appointment of Matt Dunn as Chief Revenue Officer (CRO). A veteran of PIMCO, Morgan Stanley, and Opto Investments, Dunn's role follows a series of strategic senior hires as Allocate scales to meet surging demand for modern private markets infrastructure. The appointment comes amid significant momentum for Allocate. Over the past year, the company has gr

Windes Advances Strategic Growth with the Expansion of its Southern California Practice

Lastest from Businesswire - Tue, 07/07/2026 - 06:06
LONG BEACH, Calif.--(BUSINESS WIRE)--Windes, a leading accounting and advisory firm, announces the expansion of its Southern California practice.

HC Private Investments Announces Sale of Epicurean Butter to Solina USA

Lastest from Businesswire - Tue, 07/07/2026 - 06:06
CHICAGO--(BUSINESS WIRE)--HC Private Investments (“HCPI”), a Chicago-based private equity firm, announced today the sale of its portfolio company, Epicurean Butter (“Epicurean”), to Solina USA (“Solina”). Terms of the transactions were not disclosed. Since partnering with Epicurean’s founders John and Janey Hubschman in 2019, HCPI made significant investments in senior leadership, equipment, facilities and innovation to support the Company’s transformation from a founder-owned business into a s

Santander Financial Crime Transformation Leader Joins ThetaRay to Drive Enterprise AI Adoption

Lastest from Businesswire - Tue, 07/07/2026 - 06:06
NEW YORK--(BUSINESS WIRE)-- #AI--As CSCO, former Santander Group VP Luis Pinedo will scale ThetaRay’s AI compliance infrastructure across global financial institutions.

Paysafe Strengthens Tebex’s Payment Offering for Video Gaming Industry

Lastest from Businesswire - Tue, 07/07/2026 - 06:06
LONDON--(BUSINESS WIRE)--Paysafe (NYSE: PSFE), a global payments platform, today announced its expanded partnership with Tebex, the game monetization extension and growth platform for game servers and game studios. Tebex, which acts as an extension of a gaming studio, has integrated the Paysafe Gateway into its platform to enable video game merchants to provide their customers with true optionality when they transact – from card payments to alternative payment methods (APMs). The Tebex Checkout

Summit Bancshares, Inc. Announces Completion of Purchase and Assumption Transaction with San Francisco Federal Credit Union

Lastest from Businesswire - Tue, 07/07/2026 - 06:06
OAKLAND, Calif.--(BUSINESS WIRE)--Summit Bancshares, Inc. and its wholly owned subsidiary, Summit Bank (“Summit”), Oakland, California, announced the completion of the Purchase and Assumption transaction with San Francisco Federal Credit Union, San Francisco, California (“SFFCU”) by which Summit transferred substantially all of its assets and SFFCU assumed substantially all of Summit’s liabilities. Pursuant to the Purchase and Assumption Agreement that was approved by the shareholders of Summit

Investor Notice: Robbins LLP Informs Investors of the Photronics, Inc. Securities Class Action

Lastest from Businesswire - Mon, 07/06/2026 - 21:06
SAN DIEGO--(BUSINESS WIRE)---- $PLAB #PLAB--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Photronics, Inc. (NASDAQ: PLAB) securities between December 10, 2025 and May 27, 2026. Photronics is a global manufacturer of photomasks, which are microscopic circuit patterns contained on very precise glass or quartz plates, and which are a necessary element in the manufacturing of integrated circuits (“ICs”) and flat panel displays (“FPDs”).

INVE Investors Have Opportunity to Join Identiv, Inc. Fraud Investigation with the Schall Law Firm

Lastest from Businesswire - Mon, 07/06/2026 - 21:06
LOS ANGELES--(BUSINESS WIRE)---- $INVE--INVE Investors Have Opportunity to Join Identiv, Inc. Fraud Investigation with the Schall Law Firm

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