regulatory_compliance

CARY, N.C. – September 05, 2026 -- Organizations that embed trustworthy AI practices are 15 times more likely to report strong or high ROI from AI projects than those that don't, according to a new report from SAS with research insights by IDC.

Governance leaders report 62% strong ROI versus 4% for laggards

The second annual Data and AI Impact Report: The New Economics of Trust surveyed 2,699 decision-makers across 28 countries and four industries -- banking, insurance, life sciences and the public sector. Organizations with the strongest governance, data quality and auditability practices reported at least double the ROI of peers, while fewer than one in 20 'laggard' organizations achieved comparable results. AI leaders with trustworthy practices realize 1.85 times greater gains across 13 business outcomes, including revenue growth, cost savings and customer experience, and 85% of these leaders are increasing investment by more than 10% this year.

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.

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.

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.

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.

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.

HONG KONG – September 04, 2026 -- Global professional buyer pre-registration for the October 2026 Global Sources Hong Kong Shows is running 25% ahead of the same period last year, with North America and Europe driving the sharpest gains, organizers said.

Over 4,200 suppliers to fill 8,000 booths across two phases

The event runs October 11-21 at AsiaWorld-Expo under the theme "Connecting Global Innovation, Enabling Sustainable Sourcing." More than 4,200 Asia-based suppliers will occupy over 8,000 booths, presenting upwards of 330,000 new products spanning consumer electronics, gaming, mobile electronics, smart home, security & appliances, lifestyle electronics, and sports & outdoor. John Kao, Vice President of Global Sources Hong Kong and Overseas Shows, said the format lets buyers validate trends, inspect samples, place orders and secure suppliers in a single visit.