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A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

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Releases

Found 21690 articles

Releases

Alrajhi Capital Integrates Benzinga Data to Boost U.S. Stock Trading

Saudi Arabia’s Al Rajhi Capital has partnered with Detroit-based financial news provider Benzinga to overhaul its U.S. equities platform. By embedding real-time intelligence directly into its digital ecosystem, the firm aims to provide regional investors with the same depth of market data typically reserved for global institutional players.

Releases

Corporate Pet Relocation Becomes a Mainstream Mobility Benefit

Corporate demand for professional pet relocation services has surged nearly 300% over the last five years, forcing companies to overhaul their mobility policies. With nearly half of all firms now providing some form of pet shipment support, what was once a fringe perk is becoming a critical tool for talent retention.

Releases

CD&R Foundation Commits $4.5 Million to New York City Non-Profits

A $4.5 million investment from the CD&R Foundation will support five New York City non-profit organizations over the next four years. The grant package aims to remove barriers to employment and foster economic mobility through specialized local programs, marking a significant expansion of the firm’s ongoing community development efforts.

Releases

Allucent Launches IGNITE Network to Streamline Clinical Trial Delivery

To combat the unpredictability of drug development, Allucent has launched IGNITE, a global network of over 250 pre-qualified clinical research sites. By shifting from ad-hoc site selection to long-term partnerships, the CRO aims to accelerate trial activation and patient enrollment for small and mid-sized biopharma firms.

Releases

Muna Therapeutics Taps Former iTeos CEO Michel Detheux to Lead Pipeline

Michel Detheux, the former head of iTeos Therapeutics, has been named CEO of Muna Therapeutics, effective June 29, 2026. He succeeds founding CEO Rita Balice-Gordon, who transitions to the company’s Board of Directors after guiding the firm through its evolution into a clinical-stage developer of neurodegenerative therapies.

Releases

Quarterhill to Acquire Conduent Tolling Business in $70 Million Deal

Toronto-based Quarterhill Inc. has entered a definitive agreement to acquire the tolling solutions business of Conduent Business Services, a move set to triple the company’s tolling revenue. The acquisition, valued at $70 million in cash plus a 7% equity stake, aims to consolidate the firm's position in the global ITS market.

Releases

Main Street Capital Expands Credit Facility to $1.24 Billion

Houston-based Main Street Capital Corporation has secured a significant boost to its financial flexibility, raising its total corporate credit facility commitments to $1.24 billion. The amendment, finalized on June 30, 2026, also pushes the firm’s debt maturity schedule out by an additional year to June 2031.

Releases

Otis Brings Gen3 Elevator Modernization to EMEA Markets

Otis Worldwide Corporation is expanding its Gen3 MOD elevator modernization platform into Europe, the Middle East, and Africa. Aimed at updating aging infrastructure, the initiative allows building owners to transition legacy rope-based systems to the company’s signature coated steel belt technology, prioritizing safety compliance and enhanced passenger connectivity.

Releases

Lufax Shareholders Reconfirm Board and Approve Financial Reports

Shareholders of Lufax Holding Ltd gathered in Shanghai on June 30, 2026, to solidify the company's governance structure, formally approving two years of consolidated financial statements and finalizing the re-election of ten key members to the board of directors.

Releases

Saffron Extract Shows Promise for Mood and Self-Esteem in Menopause

A randomized, double-blind clinical trial suggests that a daily 28 mg dose of Affron saffron extract may improve mood, sleep quality, and self-esteem in menopausal and post-menopausal women. Published in Frontiers in Nutrition, the research highlights a potential non-pharmaceutical intervention for the interconnected emotional challenges often experienced during this life stage.

Releases

Z Squared Taps Paradox Data Founder to Lead AI Infrastructure Push

Z Squared Inc. has named Jeffrey Harris as its new Chief Technology Officer, a strategic move that aligns with the company’s ongoing efforts to acquire a majority interest in Harris’s firm, Paradox Data LLC, as it pivots toward high-density AI-ready computing infrastructure.

Releases

PowerBank Secures $4.2 Million to Scale U.S. Federal Energy Projects

Toronto-based energy developer PowerBank Corporation is raising $4.2 million through a registered direct offering of 7 million common shares. The capital infusion, set to close around July 1, 2026, aims to accelerate the company’s independent power producer portfolio and its current work with U.S. military and naval agencies.

Releases

Skyhawk Reports Positive Phase 1/2 Data for Huntington's Drug SKY-0515

Patients treated with Skyhawk Therapeutics’ oral therapy SKY-0515 showed no signs of Huntington’s disease progression over twelve months, according to interim data presented at the European Academy of Neurology. The findings indicate stabilization or improvement across all four clinical subcomponents of the disease, defying expected rates of functional and cognitive decline.

Releases

Samsung Biologics Deepens Sustainability Commitments in 2026 ESG Report

Samsung Biologics has accelerated its transition to renewable energy and expanded supply chain oversight, according to its 2026 ESG report released today. The Incheon-based CDMO increased its renewable energy usage to 39.8% while broadening the scope of its carbon emissions reporting to cover 63.7% of its value chain.

Releases

enCore Energy Secures NRC License for South Dakota Uranium Project

The U.S. Nuclear Regulatory Commission has granted a 20-year renewal of the Source Materials License for the Dewey Burdock project in South Dakota. This regulatory milestone completes the federal permitting process for the site, allowing enCore Energy to move forward with its plans for in-situ recovery uranium extraction.

Releases

Mercuria Secures $3.84 Billion Credit Facility Amid Market Volatility

With global commodity markets facing persistent instability, Geneva-based Mercuria Energy Trading has finalized a $3.84 billion multi-currency revolving credit facility. The syndication, which launched in April, drew significant interest from international lenders, ultimately exceeding the company’s initial target by $340 million despite a complex geopolitical climate.

Releases

Data Consultancy BBI Marks Decade of Infrastructure Growth

Sixty percent of AI projects currently fail to reach deployment because they lack AI-ready data, a structural gap that defines the mission of BBI as the Schaumburg-based firm marks its tenth anniversary. Since 2016, the consultancy has focused on building the backend architecture required to support modern enterprise analytics.

Releases

Americans Reject Innovation Hype in Favor of Local Utility

Nearly 8 in 10 Americans believe the nation is focusing its innovative energy on the wrong areas, according to a recent survey from PMI U.S. The data suggests that public patience for corporate rhetoric is wearing thin, with a clear preference for tangible problem-solving over high-tech novelty.

Releases

BingX Partners with Save the Children to Aid Balkan Youth

Cryptocurrency exchange BingX has launched a partnership with Save the Children Hong Kong to bolster humanitarian efforts in the Western Balkans. The initiative targets children impacted by migration, extreme poverty, and social exclusion, marking the charity's first formal collaboration with a digital asset firm.

Releases

A&L Plumbing rebrands as Test of Time to mark 50-year legacy

Fifty years after Alba and Lewis Ehrlich founded their modest plumbing shop in 1976, the family business is shedding its original moniker. Now rebranded as Test of Time Plumbing, Heating, Cooling & Electrical, the Boston-area firm is expanding its service footprint while keeping its third-generation leadership intact.

Releases

MSC Income Fund Names Nicholas Meserve as Future CEO

Nicholas T. Meserve will step into the role of CEO at MSC Income Fund in the fourth quarter of 2026, succeeding Dwayne L. Hyzak. The transition, part of a long-term board succession plan, will see Hyzak shift to the position of executive chairman to provide continued guidance.

Releases

Skyhawk Reports Positive Phase 1/2 Results for Huntington’s Drug SKY-0515

Patients with Huntington’s disease treated with Skyhawk Therapeutics’ oral drug SKY-0515 showed no clinical worsening after twelve months, according to interim data from a Phase 1/2 trial. The findings, presented at the European Academy of Neurology, suggest the small molecule therapy may stabilize disease progression in early-stage participants.

Releases

transcosmos Secures Financial Services Intermediary Status in Japan

With registration number 27 now officially granted by the Kanto Local Finance Bureau, Tokyo-based transcosmos is moving beyond standard outsourcing to handle direct financial transactions. The company plans to integrate digital touchpoints with back-office execution to support deposit, lending, and securities operations for its institutional clients.

Releases

Kechie ERP Adds Real-Time Route Sales to Inventory Management

Irvine-based My Office Apps is integrating direct store delivery capabilities directly into its Kechie ERP platform, allowing mobile field sales to sync instantly with warehouse and accounting databases. This update eliminates the need for manual reconciliation by treating delivery vehicles as active, tracked nodes within the company’s inventory ecosystem.

Releases

7-Eleven Highlights Sustainability and Philanthropy in 2025 Impact Report

With a donation exceeding $14 million to children’s hospitals, 7-Eleven, Inc. is framing its 2025 business strategy around social responsibility. The Irving-based retailer’s latest impact report details a push to balance its massive convenience-store footprint with energy-efficient upgrades and reduced plastic waste across its private-brand packaging.

Releases

Data Center Liquid Cooling Manifolds Market Projected to Hit $6.33 Billion

The global market for data center liquid-cooling manifolds is set for rapid expansion, projected to grow from $0.94 billion in 2026 to $6.33 billion by 2033. Driven by the intense thermal demands of AI training clusters and high-performance computing, the sector is expected to maintain a compound annual growth rate of 31.2%.

Releases

Luxury Houses Pivot to AI as Consumer Adoption Outpaces Strategy

Eighty-two percent of top-tier luxury consumers now integrate artificial intelligence into their purchasing journeys, yet the brands they buy from are struggling to keep pace. While AI has vaulted into the top three corporate priorities for 22% of luxury houses, real-world deployment remains largely experimental.

Releases

Kennametal Names Amanda Cole as New HR Chief

After two decades of service, Kennametal human resources leader Judith Bacchus will retire this October, prompting the industrial technology firm to appoint Amanda Cole as her successor. Cole, arriving from Wesco International, takes the helm on July 21 to guide the company's global talent and corporate culture strategy.

Releases

TriNetX Founder Gadi Lachman Joins Srotas Health Board

Seventy years after the landmark Salk polio trial relied on paper forms and telephone calls, the clinical trial recruitment process remains largely stagnant. Srotas Health is attempting to break this cycle by appointing Gadi Lachman, the founder of global data infrastructure firm TriNetX, to its board of directors.

Releases

ATRenew Targets Waste-Free Future in 2025 ESG Report

Shanghai-based electronics recycler ATRenew has published its 2025 ESG report, highlighting a 9.5% reduction in carbon emissions intensity and significant gains in AI-driven automated inspection. The company, a 2025 Earthshot Prize finalist, continues to scale its circular economy model through enhanced green finance and integrity-led governance.