SCROLL NEWS / DISCOVERY
Search headlines
Find the stories shaping the conversation.
Results for " 5 million " 1,219 found 🔀 AI-powered Shuffle
US consulate builder in Milan to pay $35 million over labour probe, document shows
US builder Caddell Construction has formally committed to pay €30.941 million ($35.24 million) in a probe into alleged worker exploitation at the site of the new US consulate in Milan, a document seen by Reuters showed.
Court Orders Reddit Moderator to Pay Nintendo $4.5 Million Over Switch Piracy
A federal court in Washington has ordered Reddit moderator James "Archbox" Williams to pay Nintendo $4.5 million in damages over alleged Nintendo Switch piracy. US District Judge Lauren King granted Nintendo's motion for default judgment in full on September 23, along with a permanent injunction...
UCLA receives $75 million in NSF grants for quantum technology
Two UCLA quantum computing institutes received grants from the National Science Foundation worth a combined $75 million Aug. 25. The institutes – Fault-Tolerant Quantum Systems, Architectures and Applications and Challenge Institute for Quantum Computation – aim to advance quantum technologies, which function faster than classical computers or standard digital devices.
Group mocks Nebraska Gov. Jim Pillen on $2.5M no-bid contract with $5,000 business grants
Nebraska Gov. Jim Pillen, after criticism from opponents for the state budget, now faces mockery from a new group over the $2.5 million no-bid contract he steered to a lobbyist.
How Investors May Respond To AMC Entertainment Stock Stronger Theater Attendance
AMC Entertainment Holdings recently approved changes to its certificate of incorporation to declassify the board, shorten director terms to the next annual meeting, and remove limits on board size, while also arranging large new secured debt facilities and a US$71.75 million shelf registration tied to 25,000,000 Class A shares for an ESOP offering. The combination of a simpler, annually elected board, sizeable refinancing of secured borrowings, and equity made available for employee...
My business hit $1M, but I was burned out. Then I learned to delegate.
Luba Patlakh Kaplun was burned out when her business hit seven figures. New systems and management helped revenue grow to nearly $5 million.
I was afraid to delegate tasks for my 7-figure business. Learning to let go helped me grow it to nearly $5M.
Luba Patlakh Kaplun was burned out when her business hit seven figures. New systems and management helped revenue grow to nearly $5 million.
Adventist Health strikes $18.5M settlement resolving sexual abuse lawsuit
Adventist Health has struck an $18.5 million settlement resolving a lawsuit brought by former patients who alleged sexual abuse from an employed physical therapist. | The settlement translates to more than $2.6 million per plaintiff, “representing one of the nation’s largest per-plaintiff recoveries in a sexual abuse case involving a medical provider,” law firm Lewis & Llewellyn said.
Arkansas Invests 54 Million to Boost Rural Health and Workforce in 54 New Projects
Governor Sarah Huckabee Sanders announced $54.6 million in new rural health funding for 54 projects across Arkansas Thursday, including eight awards totaling more than $5 million for projects serving Southeast Arkansas. Jefferson Hospital Association received two awards totaling $1.03 million. Of that amount, $360,000 will […]
A 60-beam ultraviolet laser flash-vaporized the surface of tiny diamonds so the blast would kick a shock wave through them, melting the hardest material on Earth at 12,680 degrees and 145 million psi, and solid diamond turned out to float on its own melt like ice on water
The experiments ran on the OMEGA laser at the University of Rochester's Laboratory for Laser Energetics, which fires 60 ultraviolet beams into a target
Pioneer of China NewCo model sued in US over trade secret misuse, double-dealing
A legal feud unfolding in New York is putting a spotlight on the work of a business development veteran who is credited for pioneering one of biopharma’s hottest dealmaking mechanism: the China “NewCo” model. In a lawsuit originally filed in New York state court and recently moved to federal court, China’s Lepu Medical Technology has alleged that biopharma business development consultant Su Zhang, who was hired to help shop its GLP-1 weight-loss candidates to Western partners, engaged in corporate double-dealing and trade secret leaks. According to the complaint, while acting as Lepu’s primary dealmaking liaison for a group of obesity and metabolic disease drug candidates, Zhang was secretly double-dipping as the acting chief business officer for a direct competitor, BrightGene Pharmaceutical. “She never adequately disclosed the role, never sought Lepu’s consent, and never proposed any safeguard,” Lepu alleged in its complaint, which was filed in July after Zhang’s consulting firm, CoDevCo, sought certain transaction-based success fees from its angry customer through an arbitration process in Singapore. Lepu, the parent company of Lepu Biopharma, has asked Zhang to pay back its $500,000 retainer and disgorge all benefits she received during the alleged breaches of fiduciary duty, plus other damages and relief. The company has also requested the court grant injunctions to protect Lepu’s trade secrets. The ill-fated partnership officially kicked off in December 2024, when Lepu tapped CoDevCo as its “exclusive business development mechanism” to identify collaborators for the company’s drug candidates. According to Lepu’s complaint, Zhang personally negotiated and signed the agreement as managing director for CoDevCo, which used her home address. Before the Lepu deal, Zhang made a name following a short stint as the global head of business development for Hengrui Pharmaceuticals. It was during her tenure that Hengrui signed a landmark deal granting exclusive rights for a portfolio of GLP-1 assets to Hercules, which was at that time newly established by a group of private equity and venture capital firms. In addition to the regular upfront and milestone payments, Hengrui also gained an equity stake in Hercules, which later became Kailera Therapeutics. The Hengrui-Hercules deal opened a new paradigm, where a Chinese biopharma company spins off certain early-stage assets to investors for further development through the creation of a new company abroad. The “NewCo” model quickly came into vogue as it allows Western investors to access high-potential assets originating from China at an early stage while giving the Chinese licensors an opportunity to reap long-term benefits through equity stakes in the new firms. The NewCo model proved its value when Kailera staged a record-breaking $625 million IPO on Nasdaq this April, merely two years into the Hengrui deal. Related Kailera CEO 'knew we were in a good spot' before obesity biotech's record-breaking $625M IPO On her LinkedIn page, Zhang described her work at Hengrui as “[b]uilding team and capability from the ground up,” forming NewCo and major pharma partnerships worth billions of dollars. Lepu clearly wanted that kind of track record to help boost its own cardiometabolic portfolio, which includes a range of assets for obesity, Type 2 diabetes, fatty liver disease and muscle preservation during weight loss treatment. “Lepu’s pipeline is very valuable, but only if Lepu could secure the right international partner to expand into the overseas market during the available commercial window,” the company argued in its complaint. The Chinese biotech said it had little knowledge of U.S. laws, customs or business practices in the business development field, and therefore “needed to rely entirely” on the expertise of Zhang and her team as the firm’s first engagement of a U.S.-based BD consultant. “Zhang’s dominating influence on the business development strategy is further evidenced by the fact that she personally controlled the business-development communications on behalf of Lepu with potential partners,” Lepu said in its complaint. After entering the deal, Zhang introduced Lepu to her four associates. According to Lepu’s version of events, all of them were allegedly employed at different time points to perform similar jobs at other Chinese companies that Lepu described as its competitors, while having access to Lepu’s confidential information. As such, Lepu described Zhang’s team as “a roster of individuals whose primary professional loyalty, by virtue of their concurrent full-time employment, ran to Lepu’s competitors.” As well as the specific examples set out in the case, a look at Lepu’s deals over the period suggests Zhang may have been involved in at least one transaction. During their partnership, Lepu, through its subsidiary Shanghai Minwei Biotechnology, also out-licensed its GLP-1/GIP/FGF21 agonist MWN105 to a NewCo called Sidera Bio in the fall of 2025. The deal included an upfront and near-term payment of $35 million, up to $1.01 billion in milestones, and a 9.99% stake in the Danish startup. It seems likely that Zhang facilitated the Minwei deal given that Lepu is on record as having used CoDevCo as its “exclusive business development mechanism.” The big shock for Lepu came in the form of a news article on June 25, 2025. The article, reporting on phase 2 data for BrightGene’s GLP-1/GIP receptor agonist BGM0504, identified Zhang as acting chief business officer of the Lepu rival. Blindsided by her association with BrightGene, Lepu confronted Zhang in July 2025. “Lepu was given assurances that there was nothing to be concerned about and told that Zhang would explain the matter to Lepu,” Lepu alleged in its complaint. “Zhang never did.” Lepu claimed that Zhang had the motive and opportunity to steer potential prospective partners toward BrightGene or other competitors. Later, in February 2026, one of Zhang’s associates joined BrightGene as the vice president for global business development, according to the complaint. Around the same time, Lepu sent written demand letters asking Zhang to account for her BrightGene role, identify what confidential data were shared with the rival firm, and provide any conflict-of-interest or firewall policies during the engagement. According to Lepu, neither CoDevCo nor Zhang answered the questions in their responses. Related Novo vs. KBP: How a $1.3B deal turned into a fraud accusation and an international legal fight In a motion to dismiss filed with the U.S. District Court in the Eastern District of New York on Sept. 4, Zhang’s legal team argued that Lepu’s agreement was signed with CoDevCo, and that an employee of the contractor does not owe fiduciary duties to the client. In its complaint, Lepu said: “That CoDevCo was the contracting entity does not insulate Zhang from personal liability for duties she personally undertook and personally breached.” Taking the argument one step further, the defending party argued that the consulting agreement “does not create a fiduciary relationship even between CoDevCo and Lepu; instead, it identifies CoDevCo as an independent contractor retained to market Lepu’s business to potential western partners.” Although CoDevCo was Lepu’s exclusive business-development contractor, there were no terms stipulating that the consulting firm should serve only Lepu, Zhang’s lawyer noted. As to Lepu’s claims that Zhang misappropriated trade secrets, the defendant argued that Lepu authorized the use of the information so Zhang’s team could perform their service per the agreement. In a rebuttal filed on Sept. 11, Lepu’s lawyer set out why they believe the Chinese biotech satisfied New York law’s misappropriation definition by alleging that the defendant used a trade secret “in breach of a duty or through improper means.” As an alternative to dismissing the suit, the defendant suggested the action should be stayed pending outcomes from the arbitration of a separate case in Singapore. While NewCo pioneer Zhang is defending her business arrangements, momentum behind the NewCo trend has continued unabated into 2026. Through August, Chinese biotech assets have spurred 15 NewCo deals this year, according to local trade publication PharmaDJ.
How one desperate phone call saved a failing creamery
Facing bankruptcy, Homestead Creamery’s founders committed to listening and making tough changes — and thus built a $15 million business.
Governor Stein Announces $5 Million to Strengthen Small Businesses in Western North Carolina
(RALEIGH) Today in Lansing, Governor Stein announced $5 million in new infrastructure grants to support small business recovery in western North Carolina through the Small Business Infrastructure Grant Program. Two years since Hurricane Helene struck western North Carolina, Governor Stein continues to advocate for a $10 billion appropriation from Congress to support the next phase …
Arkansas Rural Health Transformation Program Awards UAMS $5 Million to Fund 6 Initiatives
LITTLE ROCK — The University of Arkansas for Medical Sciences (UAMS) received more than $5 million in funding under the HEART and RISE ARKANSAS initiatives of the Arkansas Rural Health Transformation Program (RHTP).
Adventist Health's Sonora hospital settles sexual abuse lawsuit for $18.5M
Adventist Health Sonora will pay $18.5 million to settle a lawsuit brought by seven women who say they were sexually abused by a physical therapist, the plaintiffs' law firm announced this week.
Delta Peanut receives $5 million loan to continue operations
Peanut farmers in Northeast Arkansas and in the Missouri Bootheel have potentially staved off a disaster. A $5 million loan has been allocated from the Governor’s Quick Action Closing Fund...
Fishel Foundation Donates $1.5M to OhioHealth Women’s Center
OhioHealth announces a $1.5 million gift from the Fishel Foundation to support a Women’s Health Navigation Hub at its new Women’s Center.
Study reveals evolutionary history of bats, dating back 65 million years
Researchers assembled the largest collection of high-quality bat genomes to date
Reddit mod ordered to pay Nintendo $4.5 million in Switch piracy lawsuit
Nintendo’s copyright crusade continues.
Myrtle Beach officials approve revised plans for Carolina RockFest
The event is now tentatively scheduled for April 30-May 2 at Burroughs & Chapin Pavilion Place. "We did some preliminary analysis several years ago and that weekend would be generate, year one, around $20-25 million," Visit Myrtle Beach President Stuart Butler said. "This will grow through the years. CCMF generates about $52 million economic impact on our community. CCMF brought new first-time visitors to Myrtle Beach and turned them into repeat visitors.
CVS Health; Criteo Agree to Pay $20.5 Million to Resolve Website Tracking Litigation
Settlements have been agreed to resolve class action litigation against CVS Health & Criteo and American Wellness Corp. The lawsuits stem from their CVS & Health and Criteo have agreed to pay $20.5 million to resolve class action litigation over the use of website tracking tools. American Wellness Corp. has agreed to pay $2 million to settle a similar class action complaint.
$75 million deal clears path for parking meter transfer vote today
Chicago aldermen are set to vote on the $2.53 billion parking meter transfer after securing a $75 million payment and a share of future revenue.
$75 million deal clears path for parking meter transfer vote today
Chicago aldermen are set to vote on the $2.53 billion parking meter transfer after securing a $75 million payment and a share of future revenue.
Kettering Health starts renovations on Xenia’s Greene Memorial Hospital
With Kettering Health Greene Memorial Hospital once facing the possibility of closing, Kettering Health has kicked off renovations of the hospital to make $15 million worth of improvements to the property.
Cherokee Nation Foundation Awards Behavioral Health
The Cherokee Nation Foundation has awarded five scholarships to students pursuing degrees in behavioral health. The Cherokee Nation Behavioral Health Scholarship is supported by a permanent $5 million endowment established through the Public Health and Wellness Fund Act, proposed by Principal Chief Chuck Hoskin Jr. and Deputy Chief Bryan Warner. “We worked hand in hand […]
UL System schools share team-level revenue sharing budgets despite new state law
Louisiana Tech University will spend nearly $2 million in public money to pay its student-athletes this year, while the University of Louisiana at Lafayette will devote $1.5 million to its sports teams.
New Study Illuminates Bats’ Murky Origins
The largest analysis of bat genomes and fossils suggests that the first bats emerged in Europe roughly 65 million years ago and that echolocation evolved early.
Early detection takes the spotlight at Congressional Women's Softball Game
The charity game has raised nearly $5 million
Redevelopment of Sleepy Hollow to begin as fundraising campaign nears goal
Construction is expected to begin next month on the redevelopment of Sleepy Hollow Sports Park into a year-round recreation destination with a new lodge, ski lift and snowthrowing equipment. The $18 million project received a funding boost last week when the Iowa Economic Development Authority approved a $4.5 million grant from the Destination Iowa program…
Large areas of China's Loess Plateau are green again. A scientist behind its recovery won Volvo's 2026 prize.
The prize includes SEK 1.5 million. Fu's research helped steer restoration toward sustainable land management; he will receive it in Stockholm on Nov. 2.
Mayor Katie Wilson's budget aims to close $175 million gap with no new taxes
Seattle Mayor Katie Wilson's $9.1 billion budget aims to eliminate a $175 million deficit without new taxes by cutting spending and redirecting JumpStart revenues.
Buffalo Sabres’ Trade Pitch Could Land $25 Million Veteran Center
The Buffalo Sabres have hope and potential, but is it enough to push them into the Stanley Cup race during their 2026-27 campaign?Some NHL insiders are putting the possibility on the table, but one key player could turn that far-fetched possibility into reality.Buffalo Sabres Named Top Landing Spot for Edmonton Oilers CaptainAdam Gretz of Bleacher […] The post Buffalo Sabres’ Trade Pitch Could Land $25 Million Veteran Center appeared first on HEAVY.
Indian Health Service Awards $3.5 Million for Tribal Food and Nutrition Initiatives
The U.S. Department of Health and Human Services, through the Indian Health Service, has awarded $3.5 million to 14 Tribal and urban Indian communities.
RB Leipzig Renew Interest In Samir El Mourabet
The German giants are eyeing a January swoop for the €35 million-rated Moroccan starlet, aiming to bolster their midfield with his proven European pedigree and World Cup experience.
Toronto bets big on Kawhi Leonard's health with reported two-year, $115 million extension
Toronto always planned to extend Leonard, and he showed last season he is worth it — if healthy.
PlaceMKR Acquires Pharr Retail Property in $31.85 Million Deal
Austin-based real estate investment and development firm PlaceMKR has acquired an At Home retail property in Pharr as part of a $31.85 million purchase of five properties across three states, the company announced. The Pharr property, located at 600 W. Kelly Ave., was acquired along with properties in New Braunfels and Grand Prairie, Texas; Gulfport, Mississippi; and Toledo, Ohio.
Trump administration announces $45M investment in Missouri rural health care
The Trump administration has announced more than $45 million in funding to support rural health care infrastructure in Missouri.
Jurgen Klopp could still do Liverpool a massive favour
Florian Wirtz has divided opinion since he arrived in Merseyside 18 months ago, with many supporters and pundits questioning the German’s ability. After arriving for a potential £115 million expect...
Allegheny Health Network Establishes the Roe Green Endowed Chair for Aortic Disease Following Transformative $2.5 Million Gift
/PRNewswire/ -- Allegheny Health Network (AHN) today announced the establishment of the Roe Green Endowed Chair for Aortic Disease, made possible through a...
Gates Foundation and MTN launch AI maternal health platform to reach 500,000 women by 2030 in Nigeria, which accounts for about 30% of maternal deaths
The four-year, $25 million partnership pairs AI tools with phone and connectivity access to cut preventable maternal deaths.
Sunda Energy, Meridian Mining, Quantum Helium, Light Science Technologies, Foresight Solar, hVIVO
Sunda Energy PLC (AIM:SNDA, FRA:GHA0) has raised £5.25 million to fund completion of its New Zealand acquisition. It's also launching a retail offer for a further £525,000. Meridian Mining Plc (LSE:MNO, TSX:MNO, OTCQX:MRRDF) has delivered a net present value of $2.09 billion for its Cabaçal project in Brazil. The CEO says the economics could make it the next major near-term gold-copper mine. Quantum Helium Ltd (AIM:QHE) is targeting Q4 2026 for a larger fracture stimulation programme at Sagebrush-1 in Colorado. It's also taking a 9% stake in Herencia Resources. Light Science Technologies Holdings PLC (AIM:LST, FRA:9FD) has secured a repeat order from a healthcare devices customer, pushing that contract past £500,000. It's building out higher-margin work in defence and medical sectors. Foresight Solar Fund Ltd (LSE:FSFL, FRA:1F5) says it's considering all strategic options to lift a share price stuck below the value of its assets. The board says it needs to "act decisively" to close that gap. hVIVO PLC (AIM:HVO) has appointed Caroline Shaw as an independent non-executive director. She brings more than 30 years of senior healthcare leadership to the board. Follow us and subscribe on YouTube, our social channels, and on proactiveinvestors.co.uk.
How Local Politics Influence Housing Affordability
California needs at least 2.5 million new homes by 2030, but most cities are still falling short. A new study examines whether this shortfall is associated with the politics of who lives in these cities, and how those politics determine…
Kosair for Kids Awards $2.5M grant to Med Center Health’s newborn safety program
What This Story Is About: Kosair for Kids awarded a $2.5 million grant to Med Center Health to fund its new "Womb to World" infant and child safety program.
AltaPointe Health celebrates $15 million BayPointe Hospital expansion
The additional beds are also intended to give children ages 5-19 faster access to care for psychosis, behavioral and mood disorders.
Madison Square Garden Entertainment Corp. Repurchases $25 Million of MSGE Class A Common Stock
Madison Square Garden Entertainment Corp. (NYSE: MSGE) (the “Company” or “MSG Entertainment”) today announced that the Company repurchased 314,349 shares of ...
KC looks to sports to grow its economy
A bigger CPKC Stadium, a Women's World Cup bid and $185 million in public money.
AI-generated 'experts' front German-language political video network
Researchers identified 47 YouTube channels using artificial presenters to discuss conflicts, geopolitics and German politics, with videos recording more than 7.5 million views.
BAAN Holding: Playocity Entertainment Project in Jeddah to Cost SAR 25 Million
BAAN Holding Group Company announced that the estimated cost of its new Playocity entertainment project, in partnership with global brand Hasbro, is…
Hope College tops out new $65 million economics and business building in downtown Holland
Hope College marked a major construction milestone Thursday with a topping out ceremony for its new $65 million Department of Economics and Business building in downtown Holland.
Massachusetts' plan to offer postpartum screening home visits sparks online debate
Massachusetts Gov. Maura Healey is investing $2.25 million to send nurses into homes of new parents, sparking a heated government overreach debate.
RLCS Club Championship to begin in November
Epic games has announced the Rocket League Esports Club Championship. Set to begin in November featuring 24 teams, a $2.5 million prizepool and multiple LANs, including at the Copper Box Arena in London.
Detroit Pistons: How Ausar Thompson’s Deal Compares Across NBA
The Detroit Pistons signed Ausar Thompson to a five-year, $155 million rookie scale extension on Friday
Pelle Larsson's deal will start at $13.5 million in …
Pelle Larsson's deal will start at $13.5 million in …
De Zerbi insists Tonali is a ‘complete midfielder’
Roberto De Zerbi insisted that Sandro Tonali is “a complete midfielder”, despite the Italian struggling to make an impact for Spurs so far.The Italian joined Spurs for £92.5 million plus add-ons ...
Kroenke Sports and Entertainment announces Ball Arena renovations
Kroenke Sports and Entertainment announced a $135 million renovation of Ball Arena.
Kroenke Sports and Entertainment announces Ball Arena renovations
Kroenke Sports and Entertainment announced a $135 million renovation of Ball Arena.
‘Massive’ renovations coming to Ball Arena
Kroenke Sports & Entertainment announced a $135 million renovation set to be complete in three years.
Faropoint adds another Long Island property to its portfolio
Faropoint purchased a 33,500-square-foot industrial building in Farmingdale for $6.35 million, expanding its Long Island portfolio.
There's $500K each season, a combined $2.5 million, of …
There's $500K each season, a combined $2.5 million, of …
Amway, affiliates face $225 million payout over alleged deceptive business practices
The Federal Trade Commission says the settlement is the largest the agency has reached with a multilevel marketing company.
Novuna Business Cash Flow Launches Asset-Based Lending Proposition
Novuna Business Cash Flow has expanded into asset-based lending with the launch of a new £2 million to £25 million funding proposition, extending its ability
Texas Tech Health Sciences Center receives $24.5 million NIH grant
The Texas Tech University Health Sciences Center has received a $24.5 million grant from the National Institutes of Health.
Texas Tech Health Sciences Center receives $24.5 million NIH grant
The Texas Tech University Health Sciences Center has received a $24.5 million grant from the National Institutes of Health.
Does birth order shape our health?
Analysis of more than 5 million families found that birth order is associated with diseases a child is likely to develop later in life.
Pelicans forward Saddiq Bey agrees to 3-year, $55.5 million extension after successful comeback from ACL tear
Bey posted a career season last year with the Pelicans.
Acore takes control of Beacon Capital’s Hell’s Kitchen life science development
Acore Capital has put an end to Beacon Capital Partners’ plans to build a life science development in Hell’s Kitchen. The lender took control of two office buildings at 707 11th Avenue and 615 West 50th Street that were once used as Kenneth Cole’s headquarters and more recently pegged for a 185,000-square-foot life science development. The sale was a deed-in-lieu of foreclosure, according to property records. The transfer value of the sale was $60 million, per records. PincusCo first reported the news. Beacon Capital Partners and CalSTRS partnered with Georgetown to buy the properties from SL Green for $95 million […]
US Congress moves closer to restoring access to popular small business bankruptcy program
Congress is moving to restore expanded access to a popular bankruptcy option for small businesses, with the US House of Representatives and Senate both passing bills to restore the program's debt-eligibility limit to $7.5 million after the higher threshold expired in 2024.
About 35 million people have been put into new House districts in the fight over congressional maps, report says
The findings display the stark overhaul that partisan redistricting fights kicked off by President Donald Trump last year have caused for Americans across the country.
Two CT business owners plead guilty to millions in COVID program fraud
Prosecutors across the country took part in enforcement against 160 defendants responsible for frauds totaling $245 million targeting the Paycheck Protection Program, authorities said.
Univ. of New Haven to break ground on $45M business college building
University of New Haven will build a $45 million business school facility in West Haven, funded by more than $25 million in alumni gifts.
They played for Celtic
The 27 year old Norwegian international Vidar Riseth was the first signing of the Jozef Venglos era at Celtic, after the club sanctioned a fee of £1.5 million to sign the player from Austrian side AS...
Dario Wins Contract with One of New Jersey's Largest Health Plans Representing 1.5 Million Covered Lives
/PRNewswire/ -- DarioHealth Corp. (NASDAQ: DRIO) (the "Company", "DarioHealth" or "Dario"), a leading AI-powered healthcare technology company transforming the...
NSF and UKRI Commit $10 Million in Joint Funding for Molecular Quantum Information Science
The U.S. National Science Foundation (NSF) and UK Research and Innovation (UKRI) have launched a joint $10 million (£7.4 million) research initiative supporting eight transatlantic research teams. Funded via $5 million from the
Virginia DEQ fines Microsoft $2.5M over Leesburg data center
Virignia DEQ issued about $2.5 million in penalties to Microsoft after its Leesburg data center exceeded permitted fuel and emissions limits.
Virginia casinos’ August take is $97.6M
August gaming revenues at Virginia’s three permanent casinos and temporary casinos in Petersburg and Norfolk totaled $97.55 million.
Sabre refinances billions of debt; Thryv to sell parts of Yellow Pages business for $142 million
Southlake-based Sabre is refinancing more than $1 billion of debt in one of several deals that have occurred recently in Dallas-Fort Worth. Others include a $275 million acquisition by a Frisco-based home care company and a $142 million sale of some Yellow Pages and White Pages directories by Dallas-based Thryv. Learn about these deals and others in our latest wrap.
The Emmys Lost 15 Million Viewers. It’s a Warning for Every Successful Business
The Emmy Awards used to be one of television's biggest events. The broadcast's fall is a lesson for ever entrepreneur.
Stamford industrial manufacturer to acquire water pump business for $240M
Stamford-based Crane Co. plans a $240 million water pump acquisition, adding a business expected to generate $115 million in 2026 revenue.
Ballad Health's $65M lawsuit against United Health dismissed; moves to arbitration
Ballad Health's $65 million lawsuit against United Health is moving out of federal court.A federal judge in Greeneville dismissed the suit, but ruled the case n
EU membership bid gives boost to Moldova’s fledgling R&D landscape
Moldova’s push to join the EU is having the spillover effect of helping to improve the country’s R&D landscape, which in recent years has suffered from fragmentation, decreasing personnel and a lack of research infrastructure.The country became an EU candidate country in 2022, alongside Ukraine, and officially began accession negotiations in 2024. With a pro-EU government, Moldova has been actively carrying out reforms to align with EU standards. This has helped accelerate the development of R&D, said Igor Chiosa, acting head of the Research and Innovation Policy Directorate at Moldova’s Ministry of Education and Research. “Our R&D landscape is moving up, and we are more and more involved in the European Research Area,” he said. “The support we receive from the EU is very important, not only financially, but also because of incentives, consultation and capacity building.”The R&D landscape in the former Soviet republic is still relatively underdeveloped, despite attempts at improvement going back to a 2004 law on science and innovation and later reforms in 2017 and 2018. But the system remains in a “precarious situation” and “in the process of contraction,” according to an assessment carried out by the government for the current National Programme for Research and Innovation, which runs from 2024 to 2027. The analysis highlights in particular the declining number of researchers and PhDs, which has been continuously falling, as well as limited research funding. This is around 10 times lower than the EU average and “insufficient to maintain a level of research activity that supports higher education and meets the needs of the economy.” The mechanisms for allocating research funds are also described as inefficient, as well as the general fragmentation of the landscape, with research and innovation activities being carried out in 67 different places. The lack of strategic vision for research infrastructure is also noted. The strategy sets out to address these issues and is being fuelled by reforms linked to EU accession. Moldova now has a regulation on open science and gender equality. There is also a new support mechanism for technology transfer offices and a business-academia roadmap. In 2025, the country also became the first Eastern Partnership country to approve a Smart Specialisation strategy, which will coordinate its R&D efforts to focus on strengths, within a European context. “We’ve done a lot in terms of normative acts,” Chiosa said. Horizon Europe successMoldova is also seeing more success in the EU’s flagship R&D programme, Horizon Europe. The country has now won nearly €15 million in funding, already double the amount won under the previous programme, Horizon 2020, and more than the €10 million target set by the government. Chiosa said the priority has shifted now to winning more research-centred projects, rather than those related to support and capacity. Moldova is also targeting further involvement in large European projects. Last year, it joined the EuroHPC Joint Undertaking giving Moldovans access to Europe's supercomputing network. The country is also a member of Danubius-RI, a European research infrastructure focused on river and sea research. Despite these efforts, Moldova’s research capacity is still shackled by its limited R&D budget, which equates to 0.23% of its GDP. This is around half of what its neighbour Romania spends, which is the lowest in the EU. According to Chiosa, the research budget is increasing year-on-year, jumping by €6.34 million between 2024 and 2025. But this doesn’t show up when looking at it as a proportion of GDP. “Of course, it’s difficult,” he said. “That is why we are putting more emphasis on collaboration between business and academia, as well as participation in Horizon Europe, to try to diversify our sources of funding.”A World Bank loan of €30 million, plus a grant of €7.8 million, was agreed in 2025 to support the modernisation of Moldova’s universities. As part of this, a call was launched this year to provide universities grants of up to €900,000 to develop their research infrastructure. Moldova is also collaborating closely with Romania, with which it shares a common language, funding 100 joint projects in 2023 and 2024. This support has been instrumental. “They are helping with sharing their expertise, inviting us into consortia, and lots more,” Chiosa said. Looking forward, Moldova is eagerly anticipating joining the EU. “We are looking closely at what the EU is doing and will shape our future national programme in research innovation accordingly.”EU accession “blocked at a technical level”Moldova is aiming to join the EU by 2028, but despite its swift and eager efforts to meet the accession criteria, there remain obstacles outside of the country’s control. For a country to join the EU, it must have certain legislation in place and meet specific standards in various areas. This is categorised into six thematic clusters containing 33 chapters. Moldova and the EU have so far opened two of the clusters, numbers one and six. The first covers fundamental laws, such as the judiciary, security and financial legislation. The sixth covers external relations. The remaining four clusters are still unopened. This includes the third cluster, on competitiveness and growth, which contains the chapter on science and research.Related articlesQ&A: Albania’s ambition to become a ‘moderate innovator’Data corner: Horizon success rates are droppingThe European Commission has confirmed that these clusters are ready to be opened, with an official saying that the Commission is encouraging EU governments, who have the final say, to move forward on the matter. However, both clusters two and three remain blocked by the EU Council’s working party on enlargement and countries negotiating accession to the EU, a different official, representing the Council, confirmed.This working party is set to meet several times in the coming weeks, with a Council meeting scheduled for mid-October in which enlargement, and Moldova’s bid, will be discussed. But there is no certainty that these talks will lead to progress. According to the Council source, it is “completely impossible to foresee if and when the file will be unblocked,” citing the sensitivity of the matter. Moldova’s situation is particularly complicated. One factor is that it borders Ukraine and is increasingly embroiled in Russia’s war, with drone incursions occurring more often on its territory. Another is Transnistria, a Russian-backed breakaway state that lies within the territory of Moldova. It is unclear how the EU would be able to accept Moldova into the bloc while this situation remains unchanged. While there is no direct reason to delay opening cluster three with Moldova, as it covers matters unrelated to security, it could be that the EU is reluctant to speed through accession negotiations without first resolving broader, geopolitical issues.Chiosa is confident that, if and when the chapter on science and research is opened, Moldova will be able to finalise it quickly. It doesn’t require any legislative changes and is only a matter of proving certain standards, which Chiosa believes Moldova is well prepared to do. “We hope that chapter 25 on science and research will be one of the first chapters opened and closed,” he said.
NOTABLE TRANSACTIONS: September 16, 2026
Siddhi Ventures Inc., based in Ankeny, paid Maples Apartments LLC $1.5 million for property at 1011 SE Third St. in Ankeny, Polk County real estate records show. The property includes an 18-unit multifamily structure built in 1980. The transaction was recorded Sept. 8. Steven and Courtney Lowry paid Timothy and Ambe Bogardus just over $1…
Liverpool linked with move for former Bayern youngster
A year ago, Bayern Munich agreed to sell Paul Wanner to PSV for a reported €15 million while including a buy-back clause in the deal.According to Bild’s head of football, Christian Falk, Liverpool...
Capitals Sign Breakout Star Justin Sourdif to Huge Extension
The Washington Capitals have signed breakout star Justin Sourdif to a huge contract extension that will keep him in town for the long term.The Capitals gave Sourdif an eight-year extension for $50.8 million, paying him $6.35 million per season over the life of the deal.Capitals Announce Justin Sourdif ExtensionCapitals general manager Chris Patrick shared the […] The post Capitals Sign Breakout Star Justin Sourdif to Huge Extension appeared first on HEAVY.
Hurricanes Extend Team Captain Jordan Staal
The Carolina Hurricanes announced that they have signed team captain Jordan Staal to a one-year contract extension with the club.Staal was entering the final season of his current contract that pays him $2.975 million this coming season. Now, he has re-signed for one more year on top of that.Hurricanes Re-Sign Jordan StaalPer Sportsnet NHL insider […] The post Hurricanes Extend Team Captain Jordan Staal appeared first on HEAVY.
First Business Bank Funds $7.5MM Ledgered Line Facility for In-Store Auditing Company
First Business Bank’s accounts receivable financing team funded a $7.5 million ledgered line facility for a Massachusetts-based company that performs in-store
Dave & Buster's Entertainment (PLAY) Stock Sinks Deeper Into Losses As Margins Shrink
Dave & Buster’s Entertainment just saw its stock hit the floor, dropping 19% to US$6.86. Yet the real story is not a one day slide; the headline is a sharp earnings hit. Q2 delivered a net loss of US$12.5 million on US$544.1 million of revenue, pulling trailing twelve month earnings deeper into the red and keeping interest coverage under pressure. For traders, this is a clean miss. For anyone thinking beyond this quarter, the question is how long the balance sheet can carry an unprofitable...
Rural Health Transformation Program announces $1.25 million to expand school-based health centers
The North Carolina Rural Health Transformation Program will spend $1.25 million on school-based health centers in rural areas. Gov. Stein and NCDCHHS said this will improve health and academic outcomes for over three million people.
Essentia Health expands services in Superior, Wis., ahead of Blatnik Bridge rebuild
The $14.5 million investment centers on making hospital visits more accessible for patients living in Wisconsin.
10th Circuit clears path for completion of Denver Water reservoir expansion
The Colorado-based federal appeals court ruled on Tuesday that Denver Water may complete its long-running project to increase the capacity of its Boulder County dam, disagreeing with a trial judge’s finding that the federal government acted unlawfully in issuing a permit. Six environmental groups challenged Denver Water’s plan to store more water for the 1.5 million […]
David Eccles School of Business and Emma Eccles Jones Foundation launch $37 million challenge grant campaign
The five-year effort is anchored by a transformational $15 million challenge grant from the Emma Eccles Jones Foundation.
Healey pushes postpartum mental health screenings after Clancy trial
The Massachusetts governor wants $2.25 million to address perinatal mood disorders.
Taber ceremonially opens $85 million facility expansion
Russellville-based Taber Extrusions held a grand opening Tuesday (Sept. 15) of the $85 million expansion at its Russellville operation. The new facility and equipment – the largest direct extrusion press...
2 Morgantown business owners involved in COVID-19 loan fraud
Two Morgantown business owners were investigated in a surge takedown exceeding $245 million in a pandemic loan relief fraud.
Mental health help: Travis County to vote on 6% tax hike to address growing issue
Central Health is seeking a 6% property tax hike to fund $127.5 million in mental health and recovery services next year as Austin’s tax burden grows.
2 Morgantown business owners appear in court in $245M nationwide COVID loan fraud sweep
Two Morgantown business owners have been sentenced or entered guilty pleas in federal court for defrauding pandemic-era relief programs as part of a nationwide enforcement sweep totaling over $245 million in intended losses.
Southern Indiana riverfront project risks losing $6.5M in state funding
Indiana officials may pull $6.5 million from the Jeffboat redevelopment if the $1 billion Jeffersonville project fails to show progress by mid-November.
Crane to Acquire Trillium’s U.S. Pumps Business for $240M
The deal adds four established pump brands and approximately $115 million in annual revenue to Crane while expanding its position in municipal water and wastewater markets.
Gov. Stein Announces $1.25 Million to Expand School-Based Health Centers, Including Appalachian District Health Department
Gov. Josh Stein and the N.C. Department of Health and Human Services announced $1.25 million in federal funding through the North Carolina Rural Health Transformation Program to expand preventive and acute health care, provide nutrition support and address behavioral health needs at school-based health centers. Five organizations will receive funding: the Appalachian District Health Department, …
Astros have $25 million 'major hurdle' with Jose Altuve
The Astros are in an interesting spot with Altuve.
Anonymous Donor Gives $125 Million to Hackensack Meridian Health -- One of the Largest Healthcare Gifts in the U.S.
/PRNewswire/ -- Hackensack Meridian Health (HMH), New Jersey's largest and most comprehensive health network, today announced a transformational $125 million...