News

Phoenix – September 30, 2026 -- Trinity Capital Inc. (NYSE: TRIN) has priced an underwritten public offering of $350.0 million in aggregate principal amount of 7.50% notes due 2032, the alternative asset manager announced.

Notes carry a 7.50% coupon with semiannual payments starting January 2027.

The unsecured notes will mature on January 15, 2032, with interest payable twice yearly commencing January 15, 2027. Trinity Capital retains the option to redeem the notes in whole or in part at any time at par, plus a make-whole premium if applicable.

Closing is set for October 5, 2026, pending customary conditions.

The offering remains subject to standard closing conditions ahead of the expected settlement date.

Pune – – September 30, 2026 -- The global engineering plastics market reached USD 125.10 billion in 2025 and is projected to hit nearly USD 300 billion by 2034, expanding at a compound annual growth rate of 7.4% from 2026, according to a new analysis by Maximize Market Research.

Automotive and EV production drove 2025 demand for engineering plastics

Automotive & Transportation was the leading end-use industry in 2025, with engineering plastics used in battery housings, fuel systems, electronic modules, lighting, and structural components. Polyamide (PA) held the dominant market share by material type due to its strength, wear resistance, and chemical stability, while polycarbonate is gaining traction in EV battery enclosures, electronic housings, medical devices, and LED lighting.

Indianapolis – – September 30, 2026 -- Eli Lilly and Company (NYSE: LLY) reported that its oral GLP-1 therapy Foundayo (orforglipron) reduced cardiovascular death risk by 53% and all-cause death risk by 57% compared with insulin glargine in the Phase 3 ACHIEVE-4 trial, the largest and longest study of the medicine in type 2 diabetes to date.

Foundayo meets non-inferiority bar on major cardiovascular events

Among 2,749 participants randomized across 16 countries including the U.S., Germany, India, Brazil and South Korea, Foundayo showed a 16% lower risk of MACE-4 (cardiovascular death, heart attack, stroke or hospitalization for unstable angina) versus insulin glargine, with a hazard ratio of 0.84 (95.0% CI: 0.59 to 1.20), meeting the prespecified non-inferiority threshold. The risk of MACE-3 (cardiovascular death, heart attack or stroke) was 23% lower (hazard ratio: 0.77; 95.0% CI: 0.52 to 1.13).

Dallas – September 30, 2026 -- USA Bobsled/Skeleton (USABS), the sport's national governing body, has named The Uptown Agency as its agency of record, handing the Dallas-based firm control of strategic communications, media relations, brand storytelling and digital strategy through a full Olympic quadrennial.

Mandate runs through the 2029 World Championships and 2030 Winter Games

The scope covers local, regional, national and international media outreach, athlete and sponsor storytelling, social content and reputation management across the cycle, including the 2029 World Championships in Park City, Utah, and the 2030 Winter Games in France.

"Bobsled and skeleton athletes train for four years for a run that lasts under a minute," said Joseph Alexander, CEO of The Uptown Agency. "We are building a program that keeps these athletes and this organization visible between Games, not just during them."

San Francisco – September 30, 2026 -- Corgi Insurance has launched Golden by Corgi, a dedicated sports and entertainment insurance platform offering more than 20 lines of coverage for teams, leagues, federations, National Governing Bodies, tournaments, and athletic facilities.

Golden operates through Corgi's surplus lines carrier to build customized programs for complex coverage needs

The platform unites underwriting, claims, and risk management under a single system, issuing certificates of insurance within minutes and handling claims in-house.

Former professional athletes lead Golden's push into sports-specific underwriting

Co-Founders Peter Akman and Mike T. Brown, both former founders and professional athletes, designed the platform around the operational realities of sports organizations. "We built Golden to give each organization the flexibility to build coverage around how it actually operates," said Akman.

Bismarck, N.D. – September 30, 2026 -- MDU Resources Group (NYSE: MDU) has reached a positive Final Investment Decision for its subsidiary WBI Energy to build the Bakken East Pipeline, a project estimated to cost between $2.7 billion and $3.2 billion.

Pipeline will carry 1.4 Bcf per day across 350 miles of North Dakota

The pipeline will run from the Bakken region in western North Dakota to a location near Fargo in the eastern part of the state, with an initial design capacity of 1.4 Bcf per day. The system is being engineered with flexibility to accommodate future capacity growth beyond that initial figure.

Hamilton, Bermuda – – September 30, 2026 -- Borr Drilling Limited (NYSE: BORR, OSE: BORR) has locked in new commitments for three premium jack-up rigs, extending contract coverage across West Africa and the North Sea into mid-2027.

Norve wins 245-day firm scope off West Africa

An undisclosed operator issued a binding letter of award for the Norve, covering a firm scope of three wells over an estimated 245 days. The contract is set to start mid-December 2026, keeping the rig committed into August 2027, with priced options adding a further 175 days of potential work.

Shell exercises option on Natt in Nigeria

Shell Nigeria Exploration and Production Company has exercised a one-well option on the Natt. Based on the current well program, the rig is expected to remain under contract with Shell into early August 2027.

Palmdale, Calif. – September 30, 2026 -- The U.S. Navy has doubled its fleet capacity to operate the MQ-25A Stingray unmanned aircraft system over a five-month period, standing up a second operational MD-5C Ground Control Station powered by Lockheed Martin's Skunk Works MDCX autonomy platform.

USS Ronald Reagan joins USS Theodore Roosevelt as second carrier ready to fly the Stingray

USS Theodore Roosevelt (CVN 71) received the first operational MD-5C in March 2026, followed by USS Ronald Reagan (CVN 76) in August 2026. The MD-5C, installed in the Unmanned Air Warfare Center aboard each carrier, functions as the dedicated onboard command center for unmanned carrier aviation, combining a government Command, Control, Communications, Computers and Intelligence network with Lockheed Martin's MDCX software and hardware and additional government-produced ancillary equipment.

Tinton Falls, N.J. – September 30, 2026 -- Commvault (NASDAQ: CVLT) has achieved the AWS Data Competency in the Relational Database category, a designation confirming its technical proficiency in delivering cyber-resilient data protection for relational database workloads on Amazon Web Services.

Commvault secures Amazon RDS and Aurora environments with automated recovery tools

The designation validates Commvault's ability to protect, recover, and manage business-critical data across Amazon Relational Database Service (RDS) environments. Delivered via SaaS, software, or appliance, Commvault's solutions protect Amazon RDS and Amazon Aurora through automated backups, point-in-time recovery, and immutable, air-gapped storage, reducing operational complexity for enterprises running critical workloads on AWS.

New York – September 30, 2026 -- Con Edison generated $24.8 billion in total economic output and supported 39,700 jobs across New York State in 2025, according to a new economic impact report developed with HR&A Advisors. The utility serves 9.5 million people and more than 340,000 businesses across New York City and Westchester County.

Con Edison's operations supported nearly 40,000 jobs statewide in 2025

The company directly employed more than 14,000 workers, with each Con Edison job supporting an additional 1.8 jobs across New York State. More than half of Con Edison's employees are union members, a rate approximately three times the industry average. The company's 2025 economic activity represented approximately 1 percent of New York State's gross domestic product.