Theme news

Boulder, Colorado – September 04, 2026 -- Odyssey Energy Solutions has secured $74 million in new financing, combining $27 million in equity with $47 million in debt, to expand its platform financing distributed renewable energy projects across Africa, Asia, and Latin America.

New investors join round to fund solar and battery procurement infrastructure

The equity tranche drew new backers Broadscale Group, FMO, and Al Mada Ventures, alongside existing investors Union Square Ventures, Equal Ventures, Abstract Ventures, Twelve Below, FJ Labs, MCJ, and Transition Ventures. Debt financing came from British International Investment, BIO, the Facility for Energy Inclusion via Cygnum Capital, and the Energy Entrepreneurs Growth Fund via TripleJump.

NEW YORK – September 04, 2026 -- Logan Bus Company Inc., the largest private school bus provider for the New York City Department of Education, has launched an AI-powered phone system built on Cisco technology to give parents faster answers on bus location, delays and arrival times.

Logan Bus serves 20% of New York City schoolchildren riding its buses daily

The company transports roughly 30,000 general education students each day across the city. The new phone system links a student's specific bus route to the parent's caller ID, allowing families to get location updates without navigating a menu of phone prompts.

AI assistants pull data directly from Logan Bus's GPS tracking system

The system is designed to minimize wait times by giving the AI assistant direct access to real-time GPS tracking, while parents can reach a live agent with a single button press. The agent will already have the child's route information on file.

Ewing, N.J. – September 04, 2026 -- Ninety-four percent of U.S. adults say they are concerned about the frequency of food recalls, up from 93% in 2025, according to a new consumer survey commissioned by GS1 US. Confidence in recall effectiveness has simultaneously dropped, with only 80% of respondents believing recalls protect public health, down from 85% a year earlier.

Consumers increasingly avoid entire product categories after recalls

Sixty-seven percent of consumers said they avoided an entire food product category following a recall, up from 60% in 2025. Sixty-six percent reported hesitancy to repurchase the same product or brand, compared with 59% last year, while 59% discarded recalled food even when their own state or region was unaffected, up from 57%. Women showed sharper pullback than men, with 71% avoiding a whole category versus 63% of men.

Raleigh, N.C. – September 04, 2026 -- RedHill Biopharma Ltd. (Nasdaq: RDHL) has acquired exclusive global commercialization rights to Ferring Pharmaceuticals' Rebyota and exclusive U.S. rights to Clenpiq, two FDA-approved gastrointestinal drugs that together generated approximately $37.5 million in 2025 net sales.

RedHill pays $12 million upfront, fully funded by prior Talicia sale

Under the agreement, RedHill paid Ferring $12 million upfront plus tiered royalties on net sales and potential future milestones. The payment was fully covered by RedHill's previously announced $18 million divestiture of Talicia, which also carries up to $35 million in potential additional upside. Ferring retains Rebyota's manufacturing facilities and will continue supplying the product through the term of the agreement.

Indianapolis – September 04, 2026 -- Calumet, Inc. (NASDAQ: CLMT) has slashed the remaining capital requirement for its Montana Renewables sustainable aviation fuel (SAF) expansion to $137 million, down from the $1.2 billion originally contemplated under a Phase 2 plan backed by the U.S. Department of Energy.

Capital spend drops as Calumet repurposes idle refinery equipment

The reduction comes from redeploying a hydrotreater, hydrogen plant and naphtha splitter from the adjacent Calumet Montana Refining (CMR) asphalt facility under a long-term lease, rather than building new capacity from scratch. The tied-in hydrotreater creates a dual-reactor system running in a lower-yield-loss "polishing" configuration instead of standard "cracking" service.

Delray Beach, Fla. – September 04, 2026 -- The global automotive test equipment market is projected to grow from $4.47 billion in 2026 to $5.92 billion by 2033, expanding at a compound annual growth rate of 4.1%, according to MarketsandMarkets.

Middletown, Delaware – September 04, 2026 -- The global racing tires market will grow from USD 2.921 billion in 2025 to USD 3.929 billion by 2035, a compound annual growth rate of 2.85%, according to a new study by Radial Insights. The market is projected to reach USD 3.051 billion in 2026 as exclusive control-tire contracts continue to anchor manufacturer revenue.

Control-tire contracts add 0.5 percentage points to market growth through 2035

Radial Insights estimates that exclusive series-supply agreements contribute roughly 0.5 percentage points to overall CAGR by allowing manufacturers to align production, compound development and logistics with fixed racing calendars. In June 2026, Formula 1 and the FIA extended Pirelli's role as sole tire supplier for Formula 1, Formula 2, Formula 3 and F1 Academy through 2028. Goodyear maintains a parallel multi-year exclusive supply arrangement across NASCAR's Cup, Xfinity and Truck series.

Sheridan, Wyoming – September 04, 2026 -- VALOR Network Inc., a Service-Disabled Veteran-Owned Small Business, has selected RADIN Health's cloud-based radiology platform to power teleradiology services for the U.S. Department of Veterans Affairs and Department of War, with Total Medical Imaging supplying nationwide physician coverage through its network of more than 60 board-certified radiologists.

VALOR taps RADIN's secure cloud platform for federal imaging workflow

RADIN will deploy its radiology platform within a secure government-cloud environment built to meet federal healthcare security and operational requirements. The platform integrates enterprise imaging, PACS, RIS, intelligent worklists, diagnostic reporting, clinical communications, workflow automation, analytics and AI-assisted tools in a single system.

London – September 04, 2026 -- 50 Best has published its extended ranking of hotels placed No.51 to No.100, covering 23 territories and 40 cities ahead of the main World's 50 Best Hotels 2026 ceremony set for Paris on September 15. The expanded list includes 10 independent properties and precedes the top-50 announcement broadcast live on 50 Best's YouTube channel at 20:00 Paris time.

Asia dominates with 20 ranked properties, led by Japan's seven entries

Japan places Park Hyatt Tokyo at No.53, Hotel The Mitsui in Kyoto at No.79, and Waldorf Astoria Osaka at No.89. Mainland China enters the list with two hotels: Mandarin Oriental Shenzhen at No.90 and The Peninsula Shanghai at No.99.

Cambridge, Mass. – September 04, 2026 -- Physical Superintelligence (PSI) launched with $58 million in seed funding to industrialize physics discovery at machine scale, starting with a founding role in the first privately funded interstellar space mission and commercial deployment of a data center optimization platform.

Breakthrough Energy Ventures leads $58 million seed round for AI-native physics lab

The round was led by Breakthrough Energy Ventures and joined by Dragon Global, Robot Ventures, Solari, Susa, Ron Conway's SV Angel, Valkyrie, Balaji Srinivasan, and Anthony Scaramucci, alongside individual investors from OpenAI, NVIDIA, SoftBank Energy, Oracle, Hugging Face, JUMP Capital, and the a16z Scout Fund. PSI was founded by Matt Pines, Alex Klokus, and Dr. Alexander Wissner-Gross to build higher-fidelity world models and engineer physical systems beyond human design capacity.

Las Vegas – September 04, 2026 -- BOXABL Inc. (Nasdaq: BXBL) has entered a multiyear purchase agreement with LC Vegas Acquisitions, LLC for up to 1,500 factory-built homes over three years, marking the company's largest announced residential purchase arrangement to date.

Deal structure calls for roughly 500 homes delivered annually

Under the agreement, purchases are expected to occur in phases, with approximately 500 homes anticipated each year, subject to project schedules, site readiness, and regulatory approvals. The agreement does not require that any purchases be made and remains subject to conditions, contingencies, and performance requirements.

NEW YORK – September 04, 2026 -- NYU Langone Health has appointed William Gordon Frankle, MD, MBA, as chair of the Department of Psychiatry at NYU Grossman School of Medicine, effective September.

Frankle succeeds Marmar after 17-year tenure

Dr. Frankle takes over from Charles R. Marmar, MD, who completed 17 years as chair and will continue as director of the Center for Precision Psychiatry within NYU Grossman School of Medicine's faculty. Frankle previously served as vice chair of the department and chief of psychiatry service at NYU Langone Hospital—Brooklyn, and holds the title of professor of psychiatry.

Hamburg, Germany – September 04, 2026 -- Körber AG has achieved Platinum status in the 2026 EcoVadis sustainability rating, moving up from Gold a year earlier and placing the global technology company in the top 1 percent of all firms assessed worldwide.

The result marks Körber's fourth consecutive EcoVadis assessment and the first time it has reached the top tier across all four rated categories: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement.

HANGZHOU – September 04, 2026 -- A documentary series tracking China's cross-border e-commerce sector has drawn more than 8.35 million views on international platforms since its July premiere, according to the Hangzhou International Communication Center, which produced the series with the Hangzhou cross-border e-commerce pilot zone.

The series, titled "Cross-Border E-Commerce: Stories from China," documents how exporters are shifting from product-only sales toward narrative-driven marketing to reach overseas buyers.

Hangzhou's e-commerce trade volume rose 1,266-fold since 2015

The city's cross-border e-commerce trade volume has multiplied 1,266 times since 2015, while the number of registered sellers grew from 200 to more than 65,000 over the same period, the center said.

Hamburg, Germany – September 04, 2026 -- Furuno Electric Co., Ltd. will offer a new SOLION-100 terminal built on Iridium Certus 100 technology, combining GMDSS, Ship Security Alert System and Long-Range Identification and Tracking capabilities into a single platform for newbuild and retrofit vessels.

Furuno adds Iridium GMDSS to its maritime safety portfolio

The announcement, made jointly with Iridium Communications Inc. (Nasdaq: IRDM), gives shipowners and shipyards an additional certified option for regulated maritime distress and safety communications equipment.

Chongqing, China – September 04, 2026 -- Chinese automakers are shifting from scale-driven growth to quality-led transformation, with Leapmotor disclosing it now manufactures more than 65 percent of its core vehicle parts in-house across 18 "super factories," according to statements made at the 2026 Automotive New Quality Productive Force Development Forum held in Chongqing's Jiulongpo District.

Leapmotor builds closed-loop production to control costs and quality

Cao Li, senior vice president of Leapmotor, said full-domain self-reliant research and manufacturing has allowed the company to keep quality, cost and iteration efficiency under direct control, reducing exposure to homogeneous competition across China's crowded EV sector.

Caracas, Venezuela – September 04, 2026 -- The United States Departments of State and War have struck a deal with North American Blue Energy Partners (NABEP) that hands the company commercial rights to more than 65 billion barrels of P1 oil reserves in Venezuela, backed by nearly $100 billion in planned investment.

Washington secures a 35% equity stake and discounted crude access

Under the agreement, NABEP retains operating control of the venture while the U.S. government holds rights to a 35% stake in the company and preferential access to purchase 20% of its production at cost. President Donald J. Trump called it "the biggest oil deal in world history" in an announcement on Truth Social, framing it as a mechanism to bring lower fuel prices to American consumers and fiscal stability to Venezuela.

Uppsala, Sweden – September 04, 2026 -- Orexo AB has reached a non-binding agreement in principle with the US Department of Justice to pay USD 4 million in installments over several years, closing a federal investigation that began in 2020.

Orexo agrees to capped contingent payment tied to 2030-2031 sales thresholds

Beyond the fixed USD 4 million payment, Orexo would accept a capped contingent payment equal to five percent of net sales, triggered only if certain sales-related thresholds are met in 2030 and 2031 and Orexo's commercial products perform successfully in the market. The company is in the final stages of negotiating the settlement but cautions there is no assurance the deal will be finalized on these terms.

Uppsala, Sweden – September 04, 2026 -- Orexo AB has struck a non-binding agreement in principle with the US Department of Justice to settle a federal investigation that has run since 2020, the Swedish pharmaceutical company said.

Orexo to pay $4 million in installments over several years

Under the tentative terms, Orexo would pay USD 4 million in installments spread across multiple years. The company would also accept a capped contingent payment equal to five percent of net sales, triggered only if certain sales thresholds are met in 2030-2031 and contingent on Orexo's commercial products performing well in the market.

Vancouver – September 04, 2026 -- Hydreight Technologies Inc. (TSXV: NURS) (OTCQB: HYDTF) reported second-quarter 2026 revenue of $28.0 million, a 421% increase from $5.4 million a year earlier, as its VSDHOne virtual healthcare platform drove the company's strongest quarter on record.

Net income jumps to $2.5 million as pharmacy sales scale

Gross profit rose 182% to $5.4 million, while net income reached $2.5 million versus just $0.05 million in Q2 2025. Adjusted EBITDA climbed to $3.2 million from $0.2 million a year prior. Revenue grew approximately 12.5% and gross profit approximately 7% quarter-over-quarter versus Q1 2026, with net income and Adjusted EBITDA holding steady sequentially.