Recent Articles from Business Wire

Heaviside Industries has emerged from stealth with a $28M Series A fundraising led by Interlagos with participation from Menlo Ventures, Flume Ventures, Cantos, Anorak Ventures, Frank Finelli (Senior Advisor, Former Partner & Managing Director at The Carlyle Group), Paul Dimitruk (Co-Founder, Vice Chairman & Senior Partner at Partners Capital), and Aaditya Devarakonda (Former CEO of Dedrone).

Purpose Behavioral Health Group (PBHG), a newly formed behavioral healthcare platform backed by affiliates of Owner Resource Group (ORG), today announced the official launch of its brand identity and mission to transform the way recovery care grows, scales, and reaches the people who need it most.

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced today it has been named a 2026 Top Workplace by Indianapolis Star Top Workplaces. Based entirely on employee feedback, the recognition marks the fourth consecutive year Thompson Thrift has earned the honor and reflects the company’s continued investment in its people, culture and long-term growth.

Turkcell (NYSE:TKC) (BIST:TCELL):

KBRA assigns preliminary ratings to Qdoba Funding LLC (the Issuer), Series 2026-1 (Qdoba 2026-1), Class A-1 LR, Class A-1 VFN, and Class A-2 notes, a whole business securitization (WBS). Qdoba 2026-1 represents the issuer’s second securitization in which Qdoba Restaurant Corporation (Qdoba, the Manager, or the Company) contributed substantially all of its revenue-generating assets to the Issuer as collateral for the offered notes. In conjunction with the issuance of the Series 2026-1 Notes, the Series 2023-1 A-1 VFN, A-1 LR Notes, and A-2 Notes are expected to be repaid, at which time KBRA expects to withdraw the ratings.

Firefly Health, a clinically-integrated health plan, announced a 13% lower total cost of care (TCOC) in 2025 across its Administrative Services Only (ASO) book of business when compared against a market-typical benchmark. All customers reported TCOC savings in 2025, with one customer reporting more than 17% savings. These savings are driven by strong clinical results and navigation to high-value providers, all while maintaining a member satisfaction greater than 90%.

Flourish Science, the company behind the AI-native mental health and well-being app Flourish and its AI system Sunnie, today announced that it has been named the People’s Voice Winner at the 30th Annual Webby Awards in the AI for Health & Wellness category. Presented by the International Academy of Digital Arts and Sciences (IADAS), the Webby Awards are widely regarded as one of the Internet’s most prestigious honors.

Oxford Finance LLC (“Oxford”), a leading specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, today announced the closing of a $600 million senior unsecured note offering by Oxford and Oxford Finance Co-Issuer II Inc., a wholly owned subsidiary of Oxford. The notes bear interest at a fixed rate of 7.750% and mature in 2031. Oxford intends to use the net proceeds of this offering to redeem its $400 million 6.375% Senior Notes due 2027 and repay a portion of its funding debt.

KMS Technology, a leading U.S. based Digital Engineering, Data, and AI company, today announced the appointment of Jason Wojahn as Chief Executive Officer.

H.E. Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, unveiled “Greenz by Danube,” the latest development by Danube Properties, during a major event held at Coca-Cola Arena in Dubai. The launch was attended by Rizwan Sajan, Founder and Chairman of Danube Group, along with more than 7,000 investors, business leaders, distinguished guests, and media representatives. The project marks the debut of Danube’s first large-scale integrated master villa community and Dubai’s first fully furnished master villa project.

KBRA assigns preliminary ratings to six classes of notes that will be issued from Channel EF 2026-1, LLC (CPEF 2026-1), an equipment ABS transaction. Credit enhancement includes excess spread, a reserve account, overcollateralization (O/C) and subordination for senior classes. The O/C is subject to a target equal to 13.80% of the current pool balance and a floor equal to 0.50% of the initial pool balance. The reserve account is funded at 1.00% of the initial pool balance and is non-amortizing.

Homer City Generation, L.P. today announced that its leadership team met with U.S. Senator Dave McCormick in Pittsburgh on May 7, 2026, to provide an update on the current site redevelopment progress and to discuss the importance of driving federal permitting reform through the Senator’s Unlock American Energy and Jobs Act.

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has arranged a $54 million HUD refinance for Lakeview at Westpark, a 298-unit multifamily asset in Richmond, Texas. MMCC’s capital markets team was led by Brandon Brown, senior managing director in the firm’s Houston office. Brown represented Rockstar Capital and secured the financing through KeyBank at a fixed rate of 5.3% with 35 years of amortization.

Driivz, a Vontier (NYSE: VNT) company and leading global software supplier to EV charging operators and service providers, today announced a partnership to power and scale the Duracell E-Charge ultra-fast EV charging network across the UK.

While inflation and labor shortages continue to weigh heavily on U.S. small businesses, owners are pivoting away from crisis mode and actively adopting new strategies, including implementing artificial intelligence (AI), to maintain stability and fuel growth. According to a new April 2026 survey of 500 U.S. small-business owners conducted by Wakefield Research for ShareBuilder 401k, an overwhelming 88% of owners have taken decisive action over the past year to counteract inflation and labor needs. This marks a significant jump from the 78% who took similar actions in 2024.

A rare alignment of court rulings and tax deadlines means businesses and individuals have an opportunity to obtain special Internal Revenue Service refunds for a limited time, according to Frost Law.

Alesis LLC, the U.S. distributor of the Alesis OSA1™ medical device and headquartered on Florida’s Space Coast in Cocoa Beach, today announced a joint venture partnership with Lake Norman Pulmonary & Sleep in Mooresville, North Carolina — making it the first sleep medicine practice in the Piedmont region to offer Alesis OSA1, a breakthrough non-surgical treatment for patients with obstructive sleep apnea (OSA) who cannot tolerate CPAP therapy.

CTG, a Cegeka Group company (the "Company"), a leader in IT and business solutions and the Cegeka brand for business in the U.S., today announced that Alan Gabriola has joined CTG as Vice President of Healthcare. In this role, Gabriola will lead CTG’s healthcare growth strategy, strengthen executive client relationships, and continue expanding the company’s healthcare market offerings.

JCR Pharmaceuticals Co., Ltd. (TSE 4552; “JCR”), a global specialty biopharmaceutical company dedicated to developing therapies for rare and genetic diseases, announced today that it will present preclinical data from its novel platform technologies, including JUST-AAV gene therapy, in oral and poster sessions at the American Society of Gene and Cell Therapy (ASGCT) 29th Annual Meeting, being held May 11-15, 2026, in Boston, Massachusetts. Additionally, Alexion, AstraZeneca Rare Disease, will present preclinical data from a research collaboration that applies the JUST-AAV technology in an oral session.

Abell Auction Co. is pleased to present “The Estate of Legendary Record Producer Richard Perry” on May 21, spotlighting instruments, furnishings, gold records and memorabilia belonging to one of the most accomplished music producers of the 1970s and beyond. Together, the pieces reflect the music sessions and legendary gatherings at his Los Angeles home that shaped his world and relationships, and left a lasting impact on American popular culture. Live online bidding will begin at 10 a.m. PDT.

Angel, a media and technology company successfully pioneering a first-of-its-kind audience-driven studio model, has acquired US rights from AGC Studios to FING!, based on the international best-selling children’s book. The film stars Academy Award® winner, Taika Waititi (Time Bandits, Our Flag Means Death), Mia Wasikowska (Club Zero, Alice In Wonderland), Richard Roxburgh (Elvis, Prosper), Penelope Wilton (The Unlikely Pilgrimage of Harold Fry, Downton) Blake Harrison (World On Fire and I Hate Suzie Too), Robyn Nevin (Sting, The End), newcomer Iona Bell (upcoming The Hunger Games: Sunrise on the Reaping) and Matt Lucas (Little Britain, Doctor Who) as the voice of Fing. FING! will have a wide U.S. theatrical release in early 2027.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Kennedy-Wilson Holdings, Inc. (NYSE: KW) to a consortium led by William McMorrow, Chairman and Chief Executive Officer of Kennedy-Wilson, and certain other senior executives of Kennedy-Wilson, together with Fairfax Financial Holdings Limited. Under the terms of the proposed transaction, shareholders of Kennedy will receive $10.90 in cash for each share of Kennedy that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Centessa Pharmaceuticals plc (NasdaqGS: CNTA) to Eli Lilly and Company (NYSE: LLY). Under the terms of the proposed transaction, shareholders of Centessa will receive $38.00 in cash per share plus one non-transferrable contingent value right entitling the holder to receive up to an aggregate of $9.00 subject to the achievement of certain milestones. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Almonty Industries Inc. (“Almonty” or the “Company”) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), the leading global producer of tungsten critical to U.S. defense and advanced technology industries, today announced that Lewis Black, Chairman, President and Chief Executive Officer, will take center stage at the prestigious BofA Securities Global Metals, Mining & Steel Conference on Wednesday, May 13, delivering Almonty's vision on tungsten's indispensable role in U.S. defense readiness and next-generation technology supply chains.

Liberty Tire Recycling today released its 2025 Sustainability Report along with its first public Climate Risk & Resilience Report aligned with the Task Force on Climate‑related Financial Disclosures (TCFD). Together, the reports demonstrate how Liberty’s sustainability efforts are driving circularity, measurable operational progress and supporting long‑term business performance.

Lincoln International, Inc. ("Lincoln International" or the "Company"), a global investment banking advisory firm, today announced that it has launched the roadshow for its initial public offering of 21,049,988 shares of its Class A common stock. The initial public offering price is currently expected to be between $18.00 and $20.00 per share. Lincoln International’s Class A common stock has been approved for listing, subject to official notice of issuance, under the ticker symbol “LCLN” on the New York Stock Exchange.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Esquire Financial Holdings, Inc. (NasdaqCM: ESQ) and Signature Bancorporation, Inc. Under the terms of the merger agreement, shareholders of Signature will receive a fixed exchange ratio of 2.63 shares of Esquire common stock for each share of Signature common stock. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Esquire shareholders.

Regulatory News:

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Trip.com Group Limited (“Trip.com” or the “Company”) (NASDAQ: TCOM) and reminds investors of the May 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Partners Capital Investment Group (“Partners Capital”), a leading global investment firm with over $75 billion in assets under management1, today announced the opening of its newest office in Abu Dhabi.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Green Dot Corporation (NYSE: GDOT) to Smith Ventures and CommerceOne Financial Corporation. Under the terms of the proposed transaction, shareholders of Green Dot will receive $8.11 in cash and 0.2215 shares of a new publicly traded bank holding company for each share of Green Dot that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Kalos Ventures Management, LLC (Kalos), an early-stage, thesis-driven venture capital firm, today announced its oversubscribed $78.8 million inaugural fund. The fund is building a concentrated portfolio of early-stage technology companies addressing critical infrastructure needs across the workforce, care and education. The fund’s investors include ZOMA Capital, GCM Grosvenor, MassMutual, Sorenson Impact Advisory and Pivotal Ventures, a Melinda French Gates organization.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Barinthus Biotherapeutics plc (the “Company”) (NasdaqGM: BRNS) and Clywedog Therapeutics, Inc. Upon consummation of the transaction, Barinthus shareholders will own only 34.33% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Barinthus shareholders.

Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate secondary packaging and kitting automation for consumer packaged goods (CPG) lines. The application places discrete items such as sauce sachets, seasoning packets, garnish toppers, dried proteins, foil-sealed pouches, and other irregular inclusions into cups, bowls, trays, and packaging containers. The capability is not limited to edible ingredients; Chef robots can also place non-food inserts such as plastic-wrapped cutlery kits, desiccant packets, folded instruction cards, and even non-consumable items (i.e., shaving kits, accessory packs for MRE assembly).

Drummond Scientific Company ("Drummond"), a leading manufacturer of medical technology, diagnostic, and sample collection devices, today announced the acquisition of Accu-Glass, LLC (“Accu-Glass"), a St. Louis-based manufacturer of high-precision glass capillaries used in medical and diagnostic applications. The acquisition signals Drummond's broader vision to serve as a comprehensive resource for its customers by building a portfolio of complementary companies. Grounded in more than 75 years of manufacturing and automation expertise, this growth begins with a company that has spent decades setting the standard for glass capillary manufacturing.

Motive, the AI platform for physical operations, today announced the appointment of Thomas Hansen as President, Go-To-Market. In this newly created role, Thomas will lead Motive’s go-to-market organization, including sales, marketing, customer success, partnerships and revenue operations.

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

Today, the Society of Surgical Oncology (SSO), a global professional society for cancer surgeons, and OpenEvidence, the most widely used medical knowledge platform, announced a strategic partnership to strengthen access to the most trusted surgical oncology evidence at the point of care while building a foundation for innovative collaborations to support surgeons and all physicians taking care of patients with cancer.

Guardian, a Pacific Northwest-based multifamily owner, operator and developer, has acquired Ladd Tower, a 23-story, 332-unit residential high-rise located at 1300 S.W. Park Avenue in Portland, Oregon. The deal was completed in partnership with PCCP for $63 million.

Rogue, a high-protein snack company challenging legacy nutrition brands with bold flavor, clean ingredients, and gut-health support, announced today that it has raised $2.5 million pre-seed to accelerate its national retail expansion and digital commerce strategy. Led by Science Inc. the funding raise includes participation from Uncommon VC and Simple Food Ventures, alongside additional strategic investors.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Oddity Tech Ltd. (“Oddity” or the “Company”) (NASDAQ: ODD) and reminds investors of the May 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

CMOs are allocating an average of 15.3% of marketing budgets to AI initiatives, yet most marketing organizations lack the maturity to scale those investments, according to a survey by Gartner, Inc., a business and technology insights company. While 70% of CMOs say becoming an AI leader is a critical goal for 2026, only 30% report mature or fully developed AI readiness capabilities.

St. Jude Children’s Research Hospital® hosted more than 60 teenage patients and their guests for the 2026 St. Jude Teen Formal at the Domino’s Event Center on campus.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against monday.com Ltd. (“monday.com” or the “Company”) (NASDAQ: MNDY) and reminds investors of the May 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Northwell Health, New York’s largest health system, and Matthew Schaefer, the No. 1 overall pick in the 2025 NHL draft and one of New York hockey’s most promising young stars, announced a new relationship today to help cancer patients and their families find moments of joy while going through the most difficult journeys of their lives.

KBRA assigns preliminary ratings to 74 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2026-INV3 (SEMT 2026-INV3). The transaction consists of 1,275 mortgages with an aggregate principal balance of $507.1 million as of the May 1, 2026 cut-off date. The collateral is characterized by a weighted average (WA) original credit score of 768 and moderate borrower equity, with a WA original LTV and WA original CLTV of 70.9%.

Molina Healthcare of Michigan (“Molina”), in collaboration with The MolinaCares Accord (“MolinaCares”), announced a series of grants for libraries across the state to develop programming addressing loneliness and social isolation. The $130,000 donation to the Superiorland Library Cooperative will be distributed to 22 libraries to be used for initiatives like caregiver support, digital literacy, and wellness programming.

FIDELITONE announced the opening of a new fulfillment center in Bridgeport, New Jersey, strengthening the company’s nationwide fulfillment network and enabling brands to reach customers throughout the Northeast within one to two days using parcel ground service.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Camping World Holdings, Inc. (“Camping World” or the “Company”) (NYSE: CWH) and reminds investors of the May 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Affiliates of Cantor Fitzgerald Asset Management (“CFAM”), the investment and asset management division of Cantor Fitzgerald, a leading global financial services and real estate services holding group, and RPM Living, one of the nation’s premier multifamily property management and investment companies, today announced the acquisition of Biscayne Shores from Integra Investments through a joint venture.

As widely reported and stated by several of the company’s investors, creditors will likely be taking control of Medallia, Inc. following several years of performance headwinds and the sponsor’s decision not to provide additional equity. Although this represents one of the larger term loans in the direct lending market—at nearly $3 billion—we conclude that KBRA-rated vehicles with exposure, as well as the broader direct lending market, are well positioned to absorb any potential losses.

Orthopedic Specialists of Oakland County (OSOC) announced today that Dr. Safa S. Kassab has become the first surgeon in the United States to perform a total knee replacement using Pixee Medical's Knee+ NexSight augmented reality (AR) glasses — a wearable heads-up display that delivers real-time surgical guidance directly into the surgeon's field of vision inside the operating room.

Prime Healthcare announced that it has completed the acquisition of Franciscan Health Olympia Fields, following unanimous approval from the Illinois Health Facilities and Services Review Board and strong praise from board members, elected officials, and community representatives for Prime’s commitment to preserving and strengthening healthcare in Illinois through investment, service-line expansions, and commitment to patient-centered, quality care.

TruVideo, the leading provider of AI-powered video and messaging communication technology for the transportation industry, has expanded its video intelligence engine into the aviation market and insurance industry.

UWMC (NYSE: UWMC) announced that Mat Ishbia, as controlling owner of SFS Holdings Corp., has terminated its Rule 10b5-1 trading plan. The trading plan was part of strategy implemented in 2025 in response to investor feedback requesting increased public float and trading liquidity.

Walton Global, a leading real estate investment, land banking and land asset management company, announces it has surpassed the significant milestone of $3 billion distributed to investors. Walton has a strong history of respecting and honoring their investment partners. Walton has consistently delivered for its investment partners, with a clear acceleration in performance: over the company’s 47-year history, the first $1 billion was distributed over 33 years (1979–2012), the second in just 9 years (2013–2021), and the third in only 5 years (2022–2026).

FriendliAI, The Frontier AI Inference Cloud, today announced the opening of its new San Francisco office at 20 Hawthorne Street, occupying 7,000 square feet in the historic Crown Point Press building, around the corner from the San Francisco Museum of Modern Art. The expansion places FriendliAI at the heart of the Bay Area AI ecosystem and closer to the customers, partners, and developers building the next generation of AI applications.

Everspring today released the 2026 AI Search Trends: Brand (In)Visibility Brief, the latest installment in its ongoing research into how AI is transforming student discovery. The findings point to a measurable shift: as students move away from searching by university name and toward outcome-driven questions, traditional brand-driven discovery is weakening.

Haypp Group, the parent company of Nicokick.com and Northerner.com, today announced the resumption of operations in Alabama, expanding access for adult nicotine consumers in the state. The move supports the company’s continued U.S. growth and reinforces Nicokick’s position as the leading online retailer of nicotine pouches in the U.S.

Cartridge Technologies, LLC (“CTI”) today announced the acquisition of Data Conversion Laboratory, LLC ("DCL"), a provider of structured data and content transformation services. The acquisition accelerates CTI's strategy to build a comprehensive platform across the data and information management lifecycle.

U.S. Sugar today announced the launch of the largest commercial use of autonomous tractors in the American sugar industry, deploying a fleet of unmanned John Deere tractors within its 255,000 acres of farmland in South Florida. The autonomous fleet is fitted with American technology developed by Autonomous Solutions, Inc. (ASI) and secured with support from Florida John Deere distributor Everglades Equipment Group.

Trisk Bio Ltd, a UK-based AAV contract development and manufacturing organisation (CDMO), and NanoMosaic, Inc., a leader in advanced analytical technologies for cell and gene therapy, today announced a partnership to embed the Tessie analytics platform across Trisk's AAV process development, quality control, and release testing workflows.

AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of ALPS Property & Casualty Insurance Company (ALPS) (Missoula, MT) remain unchanged following the May 6, 2026, announcement that ALPS has entered into a definitive agreement to acquire the Ohio Bar Liability Insurance Company (OBLIC), a leading provider of professional liability insurance for attorneys in Ohio.

Porter Airlines continues to grow its Toronto network with new service between Billy Bishop Toronto City Airport (YTZ) and Nashville International Airport (BNA), as well as reintroducing service from Toronto Pearson International Airport (YYZ) to Québec City Jean Lesage International Airport (YQB).

Amsterdam & Partners LLP, international counsel to the founder of fintech platform Solfy Uzbekistan, today issued a warning to prospective international investors regarding the conduct of the National Bank for Foreign Economic Activity of Uzbekistan (“NBU”), amid Uzbekistan’s upcoming initial public offering of the National Investment Fund of the Republic of Uzbekistan (UzNIF) on the London Stock Exchange later this month.

Tapestry, Inc. (NYSE: TPR), a global house of iconic brands consisting of Coach and kate spade new york, has been awarded a U.S. patent for Mira, a proprietary AI platform designed to connect data across all areas of the company to enable rapid, enterprise-wide decision-making. The patent includes the core system architecture and marks Tapestry's first AI patent and second technology patent overall.

AM Best has commented that the Credit Ratings (ratings) of Ohio Bar Liability Insurance Company (OBLIC) (Columbus, OH) remain unchanged following the announcement that The Ohio State Bar Association (OSBA) and ALPS Property & Casualty Insurance Company (ALPS) have entered into a definitive agreement under which ALPS will acquire OBLIC, a leading provider of professional liability insurance for attorneys in Ohio.

Globally, over 90% of sustainability leaders say their companies continue to execute on their sustainability strategies yet fewer believe they are meeting or exceeding expectations than in 2025, according to a new “Sustainable Signals” report by the Morgan Stanley Institute for Sustainable Investing. Nearly half (47%) now see room for improvement on progress — up more than 10 points from the 2025 and 2024 surveys. The survey polled 300 sustainability decision-makers at private and public companies across North America, Europe and Asia Pacific between March and April 2026 to understand how sustainability factors into their business and where they see the greatest opportunities and challenges.

UKG, a leading global AI platform unifying HR, pay, and workforce management, today introduced UKG® Pro Pay with Workforce AI, delivering high impact, AI-powered payroll capabilities designed to enable organizations detect, analyze, and resolve potential issues in real time — helping to ensure employees, especially those in frontline and hourly roles, are paid accurately and on time. Pro Pay with Workforce AI utilizes agentic, assistive, and generative AI, along with advanced automation, to elevate pay from a back-office process to a system of action with human oversight to help identify and correct errors, orchestrate workflows, and guide issue resolution across the payroll lifecycle.

MileCell Biotechnology (“MileCell”) today announced the launch of its newly redesigned website www.milecell-bio.com, delivering an enhanced digital experience for researchers and industry partners worldwide. The company also announced the appointments of Nianwei Lin, PhD, Chief Executive Officer and Wayne Vaz, Chief Commercial Officer.

Nacha announced that Trustmi has become a Nacha Preferred Partner for Risk and Fraud Prevention, Fraud Monitoring, and Account Validation.

In a move to strengthen long-term manufacturing productivity, U.S. government officials asked the robotics industry to organize and deliver a unified plan to mobilize automation across America. On May 8th, industry leaders did exactly that. Robots for America (RFA) launched as a national industry coalition at the SCSP AI+ Expo in Washington, D.C., bringing together founding members and key stakeholders to release a coordinated policy platform.

For about 1 in 7 payments, consumers still pay with cash despite the growing proliferation of digital payment options, according to the 2026 Diary of Consumer Payment Choice (Diary), the annual survey from Federal Reserve Financial Services measuring the evolving role of cash in the U.S. economy.

Ciridae, the AI transformation firm building operating systems for real economy businesses, today announced it has raised $20 million in seed funding led by Accel, with participation from Andreessen Horowitz, General Catalyst, Sunflower Capital, and Backcountry Ventures. Founded by CEO Jack Soslow, former partner at Andreessen Horowitz and data scientist at Meta, and CTO Jack Weissenberger, former engineering team leader at Salesforce and Head of ML at Teneyx, Ciridae will use the new capital to expand its engineering team and further its mission of bringing AI transformation to real economy businesses.