San Jose-based Harmonic Inc. has offloaded its video division to MediaKind in a $145 million cash deal, a move that officially transitions the company into a pure-play broadband provider. The divestiture provides a fresh capital injection aimed at accelerating the firm’s virtualized network infrastructure and software-defined technology growth.
Electrolux Group has successfully closed its fully underwritten rights issue, drawing subscriptions for approximately 137.6 percent of the available shares. The strong investor demand ensures the company will raise gross proceeds of roughly SEK 9,062 million, comfortably exceeding the initial offering without needing to trigger any underwriting commitments.
Texans Credit Union has claimed the number one position on Forbes’ 2026 list of America’s Best-In-State Credit Unions. The Richardson-based institution earned the top honor by securing high marks from consumers in categories ranging from trust and financial guidance to digital experience and overall service satisfaction.
Electrolux Group has successfully closed its rights issue, drawing demand that reached approximately 137.6 percent of the shares offered. The strong response from shareholders ensures the appliance manufacturer will raise roughly SEK 9,062 million in gross proceeds, rendering previously established underwriting commitments unnecessary for the capital injection.
Parisian shoppers can now purchase Rokid’s AI-powered smart eyewear directly through local retailer Krys, marking the company’s formal expansion into France. The debut, timed with the VivaTech 2026 conference, brings the firm’s Micro-LED glasses and displayless Neo models to a market previously reachable only through limited international channels.
S&T Bank has secured a position on the Forbes America's Best-In-State Banks 2026 list, a designation determined by direct consumer feedback. The Indiana, Pennsylvania-based institution earned the nod following an independent survey of 26,000 U.S. banking customers who weighed factors like service quality, trust, and digital accessibility.
California’s median home price climbed to a record $930,260 in May, marking the second consecutive month of historic highs. Despite broader economic uncertainty, the state’s housing market saw a 5.1 percent year-over-year increase in sales, signaling a shift as high-end property transactions continue to dominate the landscape.
Two North Carolina teachers, Frances Clark of West Johnson High School and Ashley Faulkner of Triton High School, have been named the 2026 CERTIFIED Educators of the Year. The award recognizes their exceptional commitment to integrating industry-recognized technology certifications into the classroom to better prepare students for the modern workforce.
The U.S. sustainable data center market is bracing for a massive infrastructure overhaul, with total investment projected to reach $116.43 billion by 2031. Driven by the explosive demand for artificial intelligence and high-density computing, operators are rapidly pivoting toward energy-efficient power and cooling systems to sustain growth.
As diplomatic efforts between the United States and Iran reach a critical juncture, author and radio host Teresa Tomeo is releasing a new book that examines the 13th-century peace mission of St. Francis of Assisi. The work serves as both a travel guide and a historical study of the saint’s life.
AstroNova shareholders are facing a $29.00 per share buyout offer from Arcline, sparking a formal investigation by Ademi LLP. The legal firm is currently examining whether the $272 million all-cash transaction prioritizes the interests of board members over the rights and fair compensation of public investors.
I.S.T Corporation is expanding the reach of its proprietary IST PLATINUMWOOL™ technology by forming a global alliance of textile industry leaders. Dubbed PLATINUMWORLD, this initiative connects material science, spinning expertise, and manufacturing to push the boundaries of luxury Merino wool applications ahead of the upcoming summer trade shows.
The Atlantic City casino industry has generated nearly $400,000 for the Community FoodBank of New Jersey since May 2025, a sum that translates to over 1.2 million meals for South Jersey residents. This milestone was finalized during the inaugural "Meal on a Mission" culinary fundraiser hosted at Hard Rock Atlantic City.
Lupin Limited has officially entered the U.S. market with its generic version of Azilsartan Medoxomil tablets, securing a competitive advantage as the exclusive first-to-file applicant. The FDA-approved medication, available in 40mg and 80mg doses, offers a bioequivalent alternative to Azurity Pharmaceuticals’ Edarbi for adult hypertension management.
Icarus Medical has closed an oversubscribed $7.2 million Series A funding round, surpassing its original $5 million goal. The Charlottesville-based company, known for its advanced knee bracing technology, plans to use the capital to scale commercial operations and accelerate product development across the United States.
For the eighth consecutive year, The Washington Trust Company has secured a spot on the Forbes America's Best-In-State Banks list. The Westerly-based institution, which recently celebrated 225 years of operation, maintains its status as the most awarded bank in Rhode Island according to the 2026 industry rankings.
Design Hotels has secured its largest single portfolio expansion to date, adding 16 U.S.-based properties operated by the independent brand Palisociety. The deal integrates over 1,000 keys across nine markets into the Marriott International-affiliated collection, marking a significant push to surpass 100 locations across the Americas this year.
Synopsys has released its Multiphysics Fusion portfolio, a suite of tools designed to integrate complex physical analysis directly into semiconductor design workflows. By embedding power, thermal, and electromagnetic insights into early-stage development, the platform aims to replace traditional overdesign methods with a more efficient, unified co-design approach for advanced nodes.
Four top-tier law firms have confirmed that FranklinWH’s aPower 2 and aPower S residential battery systems meet federal clean energy tax credit requirements. By aligning its corporate structure and supply chain with the One Big Beautiful Bill Act, the San Jose-based manufacturer clears a critical regulatory hurdle for U.S. project developers.
Ten students nationwide have received $25,000 scholarships from the Daughters of the American Revolution to mark the 250th anniversary of the Declaration of Independence. The grants, part of a $250,000 commemorative investment, support scholars dedicated to preserving American history at both undergraduate and graduate levels across the country.
With roots stretching back to 1956, the Massachusetts-based Wolpert Insurance Agency has officially folded into the operations of World Insurance Associates. The acquisition, finalized in October 2025, strengthens the national brokerage’s footprint across New England while integrating a firm specialized in high-stakes transportation and trucking coverage.
By turning the drinking vessel into the brewing mechanism, Wacaco has eliminated the traditional piston from the manual coffee process. The new Prestina brewer, announced in Hong Kong, promises a full-bodied immersion cup in under sixty seconds, stripping the ritual of coffee preparation down to a single, compact, hand-powered unit.
Hong Kong-based Wacaco has unveiled the Prestina, a manual immersion coffee brewer that turns the drinking vessel itself into the pressing mechanism. By integrating the filter and press into a single compact unit, the device eliminates the need for electricity, paper filters, and separate brewing hardware for portable coffee enthusiasts.
Beverly Hills physician Dr. David Nazarian has launched a redesigned website for his private practice, My Concierge MD. The platform serves as a digital gateway for the clinic’s shift toward longevity medicine and anti-aging therapies, while consolidating access to his executive health and integrative medical services for Los Angeles-area patients.
By bridging the gap between clinical research and the booming wellness sector, the newly formed Metabolic Research Network aims to accelerate patient recruitment for drug trials. The platform connects med spas, longevity clinics, and telehealth providers with pharmaceutical sponsors to address the persistent challenge of finding qualified study participants.
With a $300 million injection from Verite Capital Partners, Buffalo Biodiesel is pivoting toward an aggressive regional expansion. The firm, which currently services 30,000 restaurants, aims to stretch its collection network from Montreal to Miami, a move expected to generate over 600 new jobs in the coming years.
At 8:00 AM on July 1, the El Rio Grande Latin Market at 3035 N Buckner Blvd will host a community celebration to mark the completion of a major interior renovation. The refresh aims to elevate the shopping experience while maintaining the authentic Latin American flavors that define the neighborhood staple.
As international regulations tighten, a coalition of industry giants including Google, Microsoft, and OpenAI has launched the Appia Foundation. Hosted by the Linux Foundation, the initiative aims to bridge the gap between high-level global AI standards and practical, verifiable conformity assessments across the entire technology value chain.
As families across the Northeast prepare for the July 4th weekend and the nation's 250th anniversary, the family-owned retailer P.C. Richard & Son is rolling out a series of seasonal discounts. The Farmingdale-based company is targeting home upgrades ranging from outdoor grilling equipment to premium electronics and bedroom furnishings.
With total sales reaching $1.35 million, Leland Little’s latest series of auctions in Hillsborough, North Carolina, proved that collector appetite remains robust across the fine art, jewelry, and decorative sectors. The week-long event culminated in record-setting prices for sculpture, rare books, and ceramics, confirming a steady market for high-end collectibles.
