Business

Construction Partners acquires Roads Inc. in Florida deal
Construction Partners Inc. has acquired Roads Inc. of NWF, a Florida-based asphalt manufacturing and construction business, adding over 150 employees to its workforce. The transaction includes a hot-mix asphalt plant and related crews and equipment, which will be integrated into C.W. Roberts Contracting, Incorporated.

H2O America Approves Texas Wastewater Acquisition to Expand Service
The Texas Water Company secures regulatory approval to acquire a wastewater plant, doubling its Texas Hill Country connections and bolstering its infrastructure in the Hill Country region.

Pentair raises dividend for 50th straight year, sets $0.27 quarterly payout
Water solutions provider marks half-century of annual dividend increases with a $0.27-per-share quarterly payout, payable Nov. 6 to shareholders of record Oct. 23.

Oportun Appoints New Retail and Product Officers
Oportun names Bernardo Martinez as Chief Retail and Sales Officer and Garrett Hope as Chief Product Officer, both reporting to CEO Doug Bland.

Novo Nordisk's CagriSema shows weight loss edge over tirzepatide in trials
Novo Nordisk reported that its experimental drug CagriSema achieved greater weight loss than tirzepatide in clinical trials.

Alkermes sees dose-dependent ADHD signal in Phase 1b data for ALKS 7290
The Dublin-headquartered company reported exploratory improvements in ADHD symptom scales from its Phase 1b study, with a larger cohort now moving into Phase 2.

Omnicom Media Posts $3.3 Billion in New Billings for First Half 2026
The ad agency group reported $3.15 billion in net new business for H1, with three of its units ranking in the global top five, led by PHD.

UC Berkeley Orders NMR Systems From Bruker in Over $6M Deal
The University of California, Berkeley has placed a multi-system nuclear magnetic resonance equipment order with Bruker BioSpin worth more than $6 million, with delivery expected in 2027.

Veeva Systems launches AI routing tool for drug safety reports
Veeva introduced Falcon Router, an agentic tool that automates triage of adverse-event and quality-complaint reports for pharmaceutical clients, with early adopter access expected in January 2027.

New Era Lands 20-Year Power Deal With Vistra for Texas AI Data Center
New Era Energy & Digital secured a 20-year PPA from Vistra's Luminant unit to supply 200–207 MW for Phase 1 of its Texas Critical Data Center, with Vistra receiving a 5% equity stake.

SC Court Holds ESAB, France's Altrad Liable for Cape Asbestos Operations
A South Carolina trial court ruled that ESAB Corp. and Altrad Group bear responsibility for Cape Asbestos Co.'s historic U.S. sales, opening the door to further asbestos liability claims.

Paramount and Warner Bros Discovery Settle Antitrust Suit with US States
The $110 billion media merger cleared a major hurdle after agreeing to concessions including independent editorial committees for CBS and CNN and a $1.5 billion California film‑production fund, boosting shares of both companies.

FingerMotion Signs LOI for Second Alberta Data Center Site
FingerMotion's subsidiary Hanna Campus #1 inked a letter of intent for ~20.2 acres in Hanna, Alberta, adding a 9.9 MW AI and HPC data center to the company's roughly 99 MW Alberta program.

Universal Corp posts loss, hits 52-week low as tobacco segment falters
Shares of Universal Corp fell to $43.35 after the company reported a first-quarter loss and a sharp drop in tobacco operating income, though management says demand should normalize.

Einride Partners With Nvidia to Expand Autonomous Trucking Platform
Einride has entered a partnership with Nvidia aimed at growing its autonomous trucking technology.

Clearwater Paper Refinances Debt, Pushes Maturity to 2031
Paperboard maker extends long-term debt maturity by three years through new credit facility, using proceeds to retire existing senior notes.

Brown & Brown names Erik Templin head of North America employee benefits unit
Brown & Brown appointed Erik Templin as executive managing director of its North American employee benefits business, reporting to President Steve Hearn.

EU approves first obicetrapib cholesterol treatments, boosting NewAmsterdam
The European Commission granted its first global regulatory approval for obicetrapib, marking Ubeslo and Evlarco as new options for high LDL-C patients and adding milestone value to NewAmsterdam.

Kratos and GE Aerospace complete successful test of GEK800 cruise missile engine
The joint team achieved a 100% success rate in the development-phase test of the GEK800 turbofan at Kratos' San Diego X-58 facility, clearing a key milestone for U.S. DoD long‑range missile programs.

Diana Shipping Signs $18,000/Day Charter for Ultramax Vessel DSI Polaris
Diana Shipping has secured a new time charter for its DSI Polaris Ultramax vessel at $18,000 per day, replacing an existing Cargill agreement.

Tempus Extends Recursion Data Partnership Through 2029, Cuts Commitment to $42M
Tempus AI replaces prior discretionary $84M fee structure with $42M in committed payments over three years, while gaining access to Recursion's RNA sequencing model TxFM under a separate license.

Amazon to invest $1.9 billion in delivery partner program for 2027
E-commerce giant announces major funding boost for driver pay, safety measures and electric fleet expansion as part of its Delivery Service Partner program.

Mbappé Ends 20-Year Nike Partnership, Joins On for New Footwear Collaboration
French soccer star Kylian Mbappé, who has been linked to Nike since childhood, has exited his long-term deal to collaborate with Swiss sportswear brand On, a newcomer in soccer footwear.

Roche Eye Drug Susvimo Wins EU Market Approval
The European Commission has granted marketing authorization for Roche's Susvimo implant, a continuous-delivery treatment for neovascular age-related macular degeneration.

Coherent Highlights Full-Stack Optics for AI Data Centers at ECOC 2026
Coherent said it is promoting full‑stack optical technology for AI data centers during the ECOC 2026 event.

