News

Rancho Santa Fe – September 18, 2026 -- Meriwether Companies has completed a $50 million renovation of La Valle Coastal Club, a 300-acre private club and resort property in Rancho Santa Fe, California, roughly three miles from Del Mar's beaches.

Golf infrastructure absorbs the largest share of capital investment

The property now offers 27 holes across three nine-hole courses -- Olivos, Cedros and Palmas -- following a rebuild that included new routing across an additional 20 acres for the former East Course. Practice facilities were expanded to include a driving range with 40 hitting bays, a 12,000-square-foot putting green and a separate 5,000-square-foot social putting green.

Franklin, Tenn. – September 18, 2026 -- Copper prices have surged past $6 per pound just months after crossing the once-unprecedented $5 threshold, forcing commercial construction teams to rebuild how they price and manage electrical scope, according to new analysis from Josh Vogel, CFO at bimetallic wire and cable manufacturer Copperweld.

Copper's climb past $6 per pound redefines commercial bidding risk

Vogel notes that commercial projects carry outsized exposure to copper volatility because design, permitting, bidding and mobilization can stretch beyond a year — a window during which copper prices can move multiple times before wire ever reaches a jobsite. Unlike residential construction, where material pricing typically adjusts closer to installation, commercial pricing assumptions are locked early in the contract cycle and tested later, leaving general contractors and owners exposed to cost swings they cannot easily absorb.

Washington – September 18, 2026 -- Operating and maintaining commercial buildings across the United States generates $609.9 billion in annual economic output and supports 3.9 million jobs, according to a new market study released by the Building Owners and Managers Association (BOMA) International.

Building operations deliver $2.22 in output for every $1 spent

The 2026 Market Study, covering office, retail and industrial properties in BOMA's 79 U.S. markets, found that $274.9 billion in annual building operating expenditures contributes $344.4 billion to U.S. GDP. The same spending generates $219.4 billion in personal earnings, with total economic output reaching $2.22 for every $1 invested in operations once direct, indirect and induced activity is counted.

Vancouver, BC – September 18, 2026 -- China produced 67,000 of the world's 85,000 tonnes of tungsten in 2025, or roughly 79% of global supply, while the United States mined none for the eleventh consecutive year, according to the U.S. Geological Survey.

Washington tightens defense sourcing rules from January 2027

The restriction under DFARS 252.225-7052 on tungsten from China, Russia, Iran and North Korea widens from the melt-or-production stage to the mine-or-ore stage effective January 1, 2027, and recycled material will no longer reset country of origin.

Washington – September 18, 2026 -- Casepoint has appointed Varun Bisht as Vice President of Governance and Compliance, tapping the former Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) Chief Privacy Officer to lead governance frameworks as AI adoption accelerates across government and regulated enterprise customers.

Bisht will oversee AI governance and risk frameworks across Casepoint's product and security divisions

Bisht will work across Casepoint's security, technology, product, legal, and customer-facing divisions, with responsibilities spanning five areas: strengthening security and compliance posture for government environments, establishing AI governance frameworks, advancing privacy and data governance policies, translating customer regulatory requirements into product strategy, and integrating AI-related risks into Casepoint's enterprise risk management framework.

Princeton, N.J. – September 18, 2026 -- CobbleStone Software will present a 20-minute webinar, "AI Contract Risk Management: 3 Features to Know," on September 22, 2026, from 2:25 PM to 2:45 PM ET as part of TechSommet's Virtual Summit.

Webinar targets hidden risks buried in overlooked contract clauses

CobbleStone will demonstrate how contract intelligence tools flag non-standard language and buried obligations before they escalate into costly disputes. The session addresses legal, procurement, and compliance teams facing rising contract volume and complexity under tight review timelines.

San Jose, Calif. – September 18, 2026 -- Anixa Biosciences (NASDAQ: ANIX) has appointed Carmen Guerra, M.D., M.S.C.E., F.A.C.P., to its Cancer Business Advisory Board as the company prepares to advance its breast cancer vaccine into a Phase 2 clinical trial and continues its ovarian cancer CAR-T therapy Phase 1 trial.

Santa Clarita, Calif. – September 18, 2026 -- Datalink Networks has completed its SOC 2 Type 2 examination as of August 27, 2026, providing independent verification of the security controls underpinning its IT managed and consulting services.

Audit confirms controls met AICPA Security Trust Services Criteria

The examination, conducted by compliance assessor A-LIGN, evaluated Datalink's security, risk management, access controls, monitoring, incident response, and change management practices. Auditors reviewed controls operating from April 1, 2026, through June 30, 2026, and found them suitably designed and operating effectively throughout the period.

New York – September 18, 2026 -- Footprint, a builder of AI systems for financial-crime compliance, has closed a $25 million Series B round led by QED Investors, with participation from MUFG, Commerce Ventures, LightBank and Alumni Ventures.

Funding doubles engineering and sales headcount as Footprint opens San Francisco office

Existing investors Index Ventures, Lerer Hippeau, BoxGroup, Operator Partners and Animal Capital also joined the round. The capital will double Footprint's engineering and sales teams and fund a new San Francisco office to support West Coast expansion of its agentic AI infrastructure for enterprise financial institutions.

Amsterdam – September 18, 2026 -- Spatial intelligence firm XGRIDS is demonstrating a live pipeline that converts physical film sets into navigable 3D Gaussian Splatting (3DGS) environments inside Unreal Engine at IBC 2026, RAI Amsterdam, cutting the reconstruction time traditionally required for virtual production.

XGRIDS Moves Spatial Scans Directly Into Unreal Engine for Virtual Production

Using spatial scanners such as Lixel K2 and spatial cameras including PortalCam, XGRIDS captures site data and processes it locally through its Lixel CyberColor (LCC) software. The resulting 3DGS environments are imported into Unreal Engine via the XGRIDS LCC Plugin for UE, allowing production teams to use a photorealistic, navigable scene for camera blocking, XR and in-camera visual effects (ICVFX) rather than a single-use visualization.