Recent Articles from Business Wire

United States Steel Corporation (“U. S. Steel”) today released the findings of its first economic impact study of its operations in Alabama, showing the company generated $536.2 million in total economic impact in Fiscal Year 2024, supported 1,963 jobs statewide, and contributed $12.4 million in state and local tax revenue. The analysis, conducted by Parker Strategy Group, highlights the company’s role in strengthening Alabama’s manufacturing economy, supporting local supply chains, and investing in communities across the state. The Alabama report is part of a broader series examining U. S. Steel’s economic impact in key states across the country.

The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of shareholders who purchased or otherwise acquired Sportradar Group AG (“Sportradar” or the “Company”) (NASDAQ: SRAD) Class A ordinary shares between November 7, 2024, and April 21, 2026, inclusive (the “Class Period”). Sportradar investors have until July 17, 2026 to file a lead plaintiff motion.

Payman AI, a fintech building AI agents for community banks, announced its selection to the Independent Community Bankers of America’s (ICBA) ThinkTECH Accelerator Program, which kicks off at the ICBA Center for Innovation in Atlanta.

Elysian, the first AI-native Third-Party Administrator (TPA) built for commercial claims, today announced the appointment of Jerilyn Kelly as Head of Sales. Kelly has spent her career at organizations operating inside the claims process, with more than 15 years of experience across TPA claims management, managed care, and claims payments infrastructure. Across her career, she built commercial relationships alongside the buyers and partners that define the market Elysian serves.

Nova Credit, a leading credit infrastructure and analytics company, today announced the third annual Cash Flow Intelligence Summit, formerly the Cash Flow Underwriting Summit, to be held in New York City on September 10, 2026. The rebrand reflects how the industry's relationship with cash flow data has matured from a tool used primarily at the point of origination to a broader intelligence layer that lenders are using to improve how they operate.

American Express and Main Street America today announced the recipients of the Amex Shop Small® Grants Program, awarding over $10 million in funding to over 500 small businesses across the country. Each recipient has received a $20,000 grant to help them grow, innovate, and support their local communities.

REX Shares (“REX”), a leading provider of innovative exchange-traded products, today announced a change in the distribution frequency for its suite of Equity Premium Income ETFs: the REX FANG & Innovation Equity Premium Income ETF (Nasdaq: FEPI), the REX AI Equity Premium Income ETF (Nasdaq: AIPI), and the REX Crypto Equity Premium Income ETF (Nasdaq: CEPI). The Funds will transition from a monthly to a weekly distribution schedule beginning May 28, 2026.

Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, continues its investigation on behalf of Zillow Group, Inc. (“Zillow” or the “Company”) (NASDAQ: Z, ZG) investors concerning the Company’s possible violations of the federal securities laws.

Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of TriSalus Life Sciences Inc. (“TriSalus” or the “Company”) (NASDAQ: TLSI) investors concerning the Company’s possible violations of the federal securities laws.

Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of York Space Systems, Inc. (“York Space Systems” or the “Company”) (NYSE: YSS) investors concerning the Company’s possible violations of the federal securities laws.

The Law Offices of Frank R. Cruz reminds investors of the upcoming May 22, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Coty Inc. (“Coty” or the “Company”) (NYSE: COTY) common stock between May 7, 2025 and February 4, 2026, inclusive (the “Class Period”).

The Law Offices of Frank R. Cruz reminds investors of the upcoming May 22, 2026 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Atara Biotherapeutics, Inc. (“Atara” or the “Company”) (NASDAQ: ATRA) securities between May 20, 2024 and January 9, 2026, inclusive (the “Class Period”).

Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Commvault Systems Inc. (“Commvault” or the “Company”) (NASDAQ: CVLT) investors concerning the Company’s possible violations of the federal securities laws.

Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Armstrong World Industries, Inc. (“Armstrong World” or the “Company”) (NYSE: AWI) investors concerning the Company’s possible violations of the federal securities laws.

Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Sportradar Group AG (“Sportradar” or the “Company”) (NASDAQ: SRAD) Class A ordinary shares between November 7, 2024, and April 21, 2026, inclusive (the “Class Period”). Sportradar investors have until July 17, 2026 to file a lead plaintiff motion.

Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it is investigating potential claims against the board of directors of Sezzle Inc. (“Sezzle” or the “Company”) (NASDAQ: SEZL) whether the board breached its fiduciary duties to shareholders.

Regulatory News:

UBS Global Wealth Management US announced today that Michael R. Doren, a Financial Advisor in the firm’s Florham Park, New Jersey office has been named to the Forbes Best-in-State Wealth Advisors list for 2026.

Amsterdam & Partners LLP, as international counsel to the Ukrainian Orthodox Church (UOC) and associated supporters, welcomes recent legal and political developments in Ukraine that have fundamentally undermined the central justification used by Ukrainian authorities to persecute the UOC and its supporters.

New research from Barna Group, in partnership with Gloo, reveals AI is quickly becoming a spiritual authority in Americans’ lives. One in three adults now believes AI's spiritual guidance is just as trustworthy as a pastor's. Among Millennials, that number rises to 44%, and among practicing Christians — the church's most engaged members — 34% agree.

FINRA has fined two member firms a total of more than $1.1 million for anti-money laundering (AML) and supervisory violations related to low-priced securities transactions.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of NiSource Insurance Corporation, Inc. (NICI) (Salt Lake City, UT). The outlook of these Credit Ratings (ratings) is stable.

UiPath (NYSE: PATH), a leader in business orchestration and automation, issued the following statement on the untimely passing of Board Member S. “Soma” Somasegar on May 19, 2026.

Elvis Presley’s Graceland in Memphis is gearing up for a busy summer filled with a new patriotic display, a packed calendar of special events and concerts, and the return of beloved annual traditions. From Memorial Day through Elvis Week, there’s never been a better time to make the road trip to the home of the King of Rock ‘n’ Roll.

Marcus Theatres®, the nation’s fourth largest theatre circuit and a division of Marcus Corporation (NYSE: MCS), is kicking off summer in a big way with the launch of “Make Summer Pop.” This nationwide, multifaceted campaign turns the summer moviegoing season into a celebration of the big screen with a full slate of experiences, surprises and events only found at Marcus Theatres and Movie Tavern® locations.

Cohere, the trusted sovereign AI platform for governments and regulated industries worldwide, today announced the release of Command A+, a powerful open-source Mixture-of-Experts (MoE) model released under an Apache 2.0 license. Purpose‑built for sovereign critical infrastructure, Command A+ gives enterprises and public sector organizations the transparency, control, and efficiency required to deploy AI at scale while upholding the highest standards of security and data sovereignty.

Electronic Arts Inc. (NASDAQ: EA) invites players to rewrite the grid in the all-new 2026 Season Pack* for EA SPORTS’™ F1® 25, the official video game of the 2026 FIA Formula One World Championship™, coming to PlayStation®5, Xbox Series X|S and PC on June 3, 2026. The 2026 Season Pack welcomes in a groundbreaking new era of F1®, featuring the updated rules and regulations for the 2026 F1® season, the introduction of two teams: Audi & Cadillac, and their driver rosters to the grid, new action-packed gameplay features, and the highly anticipated MADRING circuit; the first new F1® circuit since 2023.

HPE (NYSE: HPE) today announced Gartner has recognized HPE as a Leader in the 2026 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure, positioning the company furthest in "Completeness of Vision" and highest for "Ability to Execute." This marks the fifth consecutive time that Gartner has placed HPE in this position, and the 20th time in a row that HPE has been in the Leaders Quadrant of this report.

MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, today announced a $120 million equity investment from The Arab Energy Fund (‘’TAEF’’), a leading multilateral impact financial institution, as part of its current equity capital raise.

TestMu AI (formerly LambdaTest), the world’s first full-stack Agentic AI Quality Engineering platform, today announced two major enhancements to its Real Device Cloud: expanded support for Playwright automation across multiple programming languages and the introduction of Audio Injection and Live Audio Input capabilities for real iOS devices.

The results of DealStream’s Q2 2026 Member Confidence Survey indicate increased deal activity is expected in sectors typically viewed as safe havens during periods of economic uncertainty. Energy & Utilities (37.8%), Business Services (37.4%), and Construction & Contractors (35.6%) are the hottest sectors in the view of the survey’s respondents over the next six months.

TalentSmartEQ, the world’s leading provider of emotional intelligence solutions, announces the launch of Leading Through Friction™, a new leadership development program helping leaders recognize, navigate and leverage the tension, pressure and conflict that define modern work’s most challenging moments. This half-day, facilitator-led experience is now available virtually, in-person, and through TalentSmartEQ’s trainer certification program.

Hallmark Health Care Solutions (Hallmark), the leader in Workforce Intelligence and Enablement, today announced the appointment of Usama Fayyad, a globally recognized leader in AI, machine learning, and enterprise data strategy, to its Board of Directors. Fayyad brings decades of experience helping organizations build scalable data systems and use AI to drive operational and financial performance. His appointment reflects Hallmark’s mission to deliver clarity and operational resilience to healthcare's most important investment—its workforce—to enable better care for every patient and better lives for the people who deliver it.

New research from Harmonic Security, based on analysis of 1,935,247 classified AI-session minutes, finds that the division between "work AI" and "personal AI" does not reflect how employees actually behave. Workers bring identical tasks to whichever AI tool is open, regardless of whether it is employer-provided or personal, free or paid.

FUJIFILM Cellular Dynamics, Inc., a pioneering global developer and manufacturer of human-induced pluripotent stem cells (iPSCs), today celebrated the opening of its new headquarters and iPSC development and manufacturing facility in its Madison home. The new site is expected to quadruple the capacity for the company’s iPSC-based research products and services manufacturing footprint and expand capabilities across FUJIFILM Cellular Dynamics’ research product portfolio. With an eye toward future demand for contract manufacturing of cell therapy products, the facility is designed to be scalable to accommodate a wide range of processes, from investigational drug manufacturing to commercial production.

Blue Yonder‘s partners play an important role in helping customers advance their digital supply chain strategies. That’s why at this year’s annual ICON conference, Blue Yonder is proud to announce the winners of its annual Partner Awards, recognizing exceptional partner success over the past year.

Europe Partner Symposium -- CrowdStrike (NASDAQ: CRWD) today announced the winners of its 2026 Europe Partner of the Year Awards at its annual Europe Partner Symposium, recognizing the partners and individuals accelerating adoption of the CrowdStrike Falcon® platform across Europe.

RealDefense LLC, a leader in embedded consumer cybersecurity and privacy solutions, today announced that the United States Patent and Trademark Office has granted U.S. Patent No. 12,609,908, titled “Selectively Blocking Connection Requests to Ensure Privacy.” The patent, issued April 21, 2026, protects a kernel-level method for identifying and blocking the tracking scripts that quietly collect personal data from consumers as they browse the web.

Mercury, the technology company providing radically different banking*, today announced a $200 million Series D at a $5.2B valuation, led by TCV. The round included participation from existing investors including Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital, and Spark Capital. This brings total primary and secondary funding to approximately $700 million.

At its annual Relate conference, Zendesk today announced a new $100 million, two-year commitment to help startups move faster, automate, and build world-class customer experiences into their stack from day one. The Zendesk for Startups program is built for the next generation of founders, offering access to products at no cost, along with resources and partner benefits to help them build and scale faster. For the first time, Zendesk is also extending dedicated benefits to venture capital partners across their portfolios.

Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, is pleased to announce the sale of Ironform Holdings Co. (“Ironform” or the ​“Company”) to a strategic buyer.

EverDriven, the nation's leader in Alternative Student Transportation, today released findings from the State of Student Transportation: 2026/27 Budget Survey, conducted in partnership with School Transportation News. Drawn from nearly 200 transportation directors and district administrators surveyed across the United States in March 2026, the report reveals how school districts are optimizing spend with remarkable creativity — redesigning routes, embracing new technology, and rethinking the very model of how students get to school.

For decades, the Spritz has been gatekept by Italian bitter liqueurs and European cues. Today, two family-owned American brands, Blake’s Hard Cider and Korbel California Champagne, are reclaiming the cocktail for the American palate in honor of America’s 250th anniversary.

California workers’ compensation spending on Migraine Drugs continues to climb sharply as the use of new, high-cost Calcitonin Gene-Related Peptide (CGRP) targeted medications increases according to the latest prescription data from the California Workers’ Compensation Institute (CWCI).

Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, informs investors that a securities fraud class action lawsuit has been filed against ImmunityBio, Inc. (ImmunityBio) (NASDAQ: IBRX) on behalf of those who purchased or acquired ImmunityBio securities between January 19, 2026, and March 24, 2026, inclusive. The lawsuit is filed in the United States District Court for the Central District of California and is captioned Douglas v. ImmunityBio, Inc., Case No. 2:26-cv-03261 (C.D. Cal.). Investors have until May 26, 2026, to file for lead plaintiff status.

Hilton Grand Vacations Inc. (NYSE:HGV), the premier vacation ownership and experiences company, announced its return as an official event partner of the FORMULA 1 HEINEKEN LAS VEGAS GRAND PRIX 2026, set for Nov. 19-21. For the fourth consecutive year, the company will host its exclusive HGV Clubhouse, a landmark trackside hospitality experience that provides members and guests with unparalleled access, premium amenities and high-energy entertainment on the Las Vegas Strip.

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Asian Reinsurance Corporation (Asian Re) (Thailand). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has assigned the Thailand National Scale Rating (NSR) of aa+.TH (Superior) to Asian Re. The outlook assigned to the NSR is stable.

Kessler Topaz Meltzer & Check, LLP (www.ktmc.com), a nationally recognized securities litigation law firm, is investigating potential violations of the federal securities laws by Shake Shack, Inc. (NYSE: SHAK) on behalf of investors who purchased or acquired SHAK securities and experienced significant financial losses.

Beryllium has been selected by the U.S. Army to participate in the Next-Gen Commercial Operations in Defended Enclaves (NCODE) pilot program, a $49 million initiative focused on strengthening cybersecurity across the Defense Industrial Base (DIB).

As international travel accelerates ahead of major global sporting events across North America, Ultra Mobile (NASDAQ: TMUS) is making it easier for customers to stay connected at home and overseas. The international wireless leader just introduced Go Roam World Passes — flexible roaming add-ons designed for travelers who want reliable service around the globe without the stress of surprise charges or swapping SIMs.

U.S. Army Reserve veteran Master Sergeant (Ret.) Jeffery Darrough, who served 26 years, including tours in Iraq and Kuwait, received a $15,000 Housing Assistance for Veterans (HAVEN) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) to fund significant repairs in his longtime home. The grant was provided through FBT Bank & Mortgage, an FHLB Dallas member institution.

Infinitum today announced its Aircore motor system is a winner of the Product of the Year Award in the 2026 Environment+Energy Leader Awards program. The recognition highlights Infinitum’s ability to deliver measurable operational and financial impact for customers — helping them do more with less — as they navigate increasingly complex energy demands.

Great American Insurance Group is pleased to announce the promotion of Sarthak Nigam to Vice President and Chief Financial Officer (CFO) of its subsidiary, Mid-Continent Group. Mr. Nigam succeeds Gregg Jones, who retired in April, after 34 years of service to the company.

Curtiss-Wright Corporation (NYSE: CW) today announced that it has entered into a new credit agreement with a group of nine banks increasing the size of its revolving credit facility to $1 billion, while also expanding the accordion feature to $500 million. The new replacement credit facility has a five-year term set to mature in May 2031. The prior credit facility which was set to expire in May 2027 has been terminated.

Jupiter Endovascular, Inc. today announced that the SPIRARE II pivotal trial evaluating the use of the company’s Vertex™ Pulmonary Embolectomy System in patients with acute, intermediate-risk pulmonary embolism (PE) met both of its primary endpoints, demonstrating meaningful heart recovery and clinical safety. Late-breaking data from the trial were presented today by Catalin Toma, MD, Director of Interventional Cardiology at the UPMC Heart and Vascular Institute and the trial’s Global Co-Principal Investigator, at EuroPCR 2026 in Paris, France.

The Scion Group ("Scion") and an Ares Real Estate fund ("Ares") today announced the formation of a joint venture to invest in off-campus student housing in the United States, with a focus on high-quality assets in markets characterized by strong enrollment fundamentals and limited new supply. The joint venture has acquired a 12-property, 7,578-bed portfolio for approximately $910 million from Harrison Street Asset Management, with Scion serving as operating partner.

Columbia Threadneedle Investments, the global asset management group of Ameriprise Financial (NYSE: AMP), today announced that William Davies, global chief investment officer, has decided to retire after 33 years of distinguished service to the firm and its clients. Mr. Davies’ retirement will be effective on June 30, 2026.

Ameriprise Financial, Inc. (NYSE: AMP) has once again been named to Fortune’s 2026 list of “America’s Most Innovative Companies,” a distinction awarded to 300 U.S. public companies demonstrating exceptional performance across three pillars: product innovation, process innovation and innovation culture.

Nexo, the premier digital assets wealth platform, and the DP World Tour have confirmed a renewed agreement that will see the Nexo Championship return to Trump International Golf Links in Aberdeenshire from August 20-23, 2026. The tournament will serve as the concluding event of the DP World Tour’s Closing Swing – the final event of the first phase of the 2026 Race to Dubai.

Lessen, the intelligent operating platform powering end-to-end property services and technology solutions for residential and commercial portfolios, today announced a new integration with HappyCo. The partnership connects HappyCo’s maintenance-first operations platform and inspections workflows with Lessen’s nationwide service execution network, enabling property teams to initiate, manage and track maintenance, repairs and turns within a single system.

Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm, has launched a research study examining providers that help enterprises modernize supply chain operations with AI, intelligent orchestration and resilience-focused operations.

PROS today announced that SriLankan Airlines has renewed its partnership through a six-year agreement effective January 1, 2026, strengthening the airline’s ability to deliver real-time, demand-driven marketing offers and to advance its modern airline retailing and commercial strategy.

North American Risk Services, Inc. (NARS), a leading provider of claims administration and risk management solutions, today announced the appointment of Chris Jackson as Director of Quality Assurance and Development, reporting directly to Chief Executive Officer Robert Ruryk.

Northern Trust Asset Management, a leading global investment management firm with US$1.4 trillion in assets under management as of March 31, 2026, has appointed Anne-Sophie van Royen, Ph.D. as Head of Index and Quantitative Strategies.

Leading advisory, tax and assurance firm Baker Tilly admits 52 new principals effective June 1, reflecting the strength and connectivity of the firm’s talent across markets, services and industries.

Matter Health today announced the addition of three executives to its growing leadership team: Robert Machen as Chief Operating Officer, Sharon Herrick as General Counsel, and B.J. Vaughn as Chief Human Resources Officer. The appointments come during a period of significant investment and expansion for Matter Health, which - through its clinical affiliates - delivers comprehensive, home-based care to dual-eligible Medicare-Medicaid members living in affordable housing communities. In 2026, the company will continue expanding access to home-based care across Tennessee, with plans to enter additional states later in the year and in 2027.

Edgecore Networks, a leading provider of network solutions for enterprises, data centers, and telecommunication service providers, today announced Edgecore Praxis, a curated Edge AI platform built for managed service providers, internet service providers, and AI-powered SaaS and VaaS platform companies seeking to extend AI capabilities to customer sites. Praxis is designed for technology companies that are already operating AI-powered services in the cloud and whose next challenge is closing the gap between cloud infrastructure and large-scale real-world edge deployment.

Milliman, Inc., the premier global consulting and actuarial firm, today announced the release of the 2026 Milliman Medical Index (MMI), which measures healthcare costs for Americans covered by a typical employer-sponsored health insurance plan. Healthcare costs for the average person rose 7.9% in 2026 to $8,460—the highest annual increase in more than a decade, excluding pandemic-era fluctuations. Healthcare costs for the MMI’s hypothetical family of four reached $37,824. Outpatient facility costs rose 7.5% and pharmacy costs rose 14.8%, with those two service categories accounting for 69% of the total year-over-year increase.

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Union Insurance Company Limited (Union) (Taiwan). The outlook of these Credit Ratings (ratings) is stable.

Leading research consultancy and market diligence firm ATLANTIC-ACM delivered its 2026 Global Wholesale Service Provider Excellence Awards. The awards are based on ratings from 460+ unique wholesale buyers who provided ~1,700 carrier specific evaluations of service level and product quality for their current providers.

Factor, America’s leading ready-to-eat meal delivery service, today announced the launch of a new automated platform for Factor for Business, designed to help companies set up recurring workplace meal programs in minutes. The platform allows employers to provide chef-prepared, dietitian-approved meals on a predictable weekly cadence, reducing the manual coordination, expense tracking, food waste, and operational burden often associated with traditional catering.

Engage Biologics Inc. (“Engage”), a preclinical biotechnology company pioneering non-viral DNA delivery, today announced that it has been acquired by Eli Lilly and Company (“Lilly”).

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Lufax Holding Ltd. (“Lufax” or the “Company”) (NYSE: LU) and reminds investors of the May 20, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Colgate-Palmolive (NYSE:CL) Chief Operating Officer, Americas, Shane Grant and Executive Vice President, M&A and Special Projects, John Faucher will participate in a fireside chat at the dbAccess Global Consumer Conference in Paris on Wednesday, June 3, 2026 at 8:45 am ET.

Juicebox, the leading AI recruiting platform, today announced Juicebox Agents, a new suite of AI agents that continuously source and engage top candidates. Each agent runs 24/7 across every open role so recruiters can spend less time searching and more time hiring.