Business
Sana Biotechnology aims for functional cure for Type 1 diabetes, IND filing imminent
At Citigroup's Biopharma Back to School Summit, Sana said its SC451 cell therapy IND is near, with trial data expected in 2027, while cash reserves cover roughly one year of operations.
SentinelOne Raises Full-Year Outlook After Q2 Beat, Cites AI Security Momentum
Cybersecurity firm posts strong quarterly results and raises guidance as AI-focused products Prompt Security and Purple AI triple year-over-year ARR.
Forum Energy Technologies Sets Ambitious 2030 Growth Targets at Investor Conference
FET CEO outlines plans to double revenue to $1.6B and quadruple EBITDA by 2030, citing new product development and geographic expansion as primary growth drivers.
Gorilla Tech Unveils AI Infrastructure Push, $10B+ Pipeline at Water Tower Conference
Gorilla Technology Group raised its revenue ambition to $1.3 billion–$1.8 billion, citing a pipeline north of $10 billion and accelerated GPU deployments across India, Southeast Asia and the Middle East.
Austrian Investor René Benko Sentenced to Two and a Half Years in Prison
The Innsbruck regional court convicted the Signa Group founder of crimes against creditors, delivering a suspended sentence in a reopened portion of the trial.
Sun Communities Sells UK Assets, Park Holidays Unit, for $1.03 Billion
The manufactured housing and RV owner offloaded its U.K. portfolio, including Park Holidays, to an affiliate of Aermont Capital in a deal that sharpens its North American focus.
Medallion Bank partners with rFinance for Renewal by Andersen financing
Utah-chartered bank expands strategic fintech program with sixth partnership, adding consumer loans for window and door replacement products nationwide.
Progress Acquires Domo, Renames Entity as Huckleberry.ai
Silicon Slopes-based AI data platform Domo Inc. transitions to Huckleberry.ai Inc. after a $221 million cash sale to Progress Software Corporation, maintaining debt-free status and retaining over $900 million in tax benefits.
Saratoga Investment to Issue 8% Notes Due 2031 in Public Offering
The specialty finance company plans to sell additional 8% senior notes trading under the SAX ticker, with net proceeds aimed at debt repayment or redemption of existing obligations.
Shoe Station Group declares $0.17 quarterly dividend
Retailer announces cash payout of $0.17 per share with October payment date, maintaining its quarterly distribution program.
Blue Owl Credit Income raises $1.3bn, expands credit facility to $4.2bn
Blue Owl Credit Income Corp increased its senior secured revolving credit facility to $4.2bn, extended its maturity to 2031 and completed a $1bn notes offering, bringing total new financing to about $1.3bn.
Hamilton Lane Hires UBS's Diana Celotto to Lead European Private Markets
The investment manager has appointed the former UBS Unified Global Alternatives executive as managing director to head prime-market GP relations in Europe.
Italian Wine Brands Posts Lower H1 Profit on Margin Squeeze
Italian Wine Brands reported H1 2026 revenue of €175.3m, down 5.3%, with EBITDA margin contracting to 10.9% despite a premium-product push and debt reduction.
Arrive AI appoints Bill Karwoski as CRO, promotes Michael Trovato to CTO
Arrive AI (NASDAQ: ARAI) named Bill Karwoski chief revenue officer and promoted Michael Trovato to chief technology officer, effective Sept. 21, 2026, as the firm expands its Arrive Point delivery platform.
How Unions Are Confronting AI Threats in the Workplace
Unions are seeking input on how artificial intelligence is deployed in their jobs, as illustrated by the machinists union's negotiations.
Nauticus Robotics outlines path to commercial scale at Water Tower event
The subsea robotics firm highlighted a 20% efficiency gain from its ToolKITT software, Middle East expansion, and a shift toward prime-contractor roles as it pursues larger margins.
Evolution Petroleum Reports Cash Flow Strength Amid Midland Basin Growth
Oil producer posts $86.3 million revenue and more than doubled EBITDA as it expands its mineral and royalty portfolio in the Midland Basin and SCOOP/STACK.
Nationwide Building Society Announces £750M Tender Offer for Perpetual Convertibles
The UK building society invites holders of £750 million in Reset Perpetual Contingent Convertible AT1 securities to participate in a tender offer, with terms including a discretionary acceptance decision and financing requirements.
Optimum to launch 8 Gbps fiber service in East Brunswick and South River by early 2027
Optimum Communications plans to extend its fiber-to-the-home network to two New Jersey towns, offering symmetrical speeds up to 8 Gbps and targeting residential and business customers.
Elanco Reports 10% Growth, Outlines Multi-Year Margin Expansion Plan
Animal-health company targeting ~2x leverage by end of 2025 as CEO flags pipeline strength and sustained price-volumegrowth.
Italian Wine Brands Report H1 2026 Revenue Drop Amid Global Market Pressures
Revenue fell 5.3% year-over-year to EUR 175 million despite export growth and brand expansion, with U.S. tariffs and B2C declines offsetting gains in Italy and Canada.
MillerKnoll Q1 EPS Beating Estimates, Revenue Misses as Tariff Refunds Boost Margins
Furniture maker reported adjusted EPS of $0.53 vs. $0.35 expected, with tariff refunds adding $0.11 per share to results. Revenue of $923M missed forecasts.
Meren Outlines Nigeria, Namibia Growth Plans at Water Tower Research Conference
Meren Energy targets 1.0x net debt/EBITDA and resumes drilling in Q4 as it advances Preowei, Venus and Orange Basin projects.
Brand Engagement Network Raises $1.05 Million in Private Placement
NASDAQ-listed BNAI closes a $1.05M private placement at $8.50 per share, a 20% premium to its recent close, led by returning investors BEN Capital Fund and Joseph Bevash.
Cloudastructure expands AI surveillance platform into industrial security market
Palo Alto‑based Cloudastructure announced its entry into industrial and supply‑chain security, adding a third enterprise vertical after multifamily and commercial real estate.