South Atlantic Bancshares reported consolidated net income of $4.7 million for the second quarter of 2026, marking a 6.2% increase over the previous quarter. The Myrtle Beach-based holding company saw its diluted earnings reach $0.61 per share, bolstered by robust loan growth and an expansion in its net interest margin.
Eagle Financial Services, the holding company for Bank of Clarke, reported a consolidated net income of $4.98 million for the second quarter of 2026, bolstered by a one-time pre-tax gain of $3.5 million from the sale of its interest in Bearing Insurance Group.
Magyar Bancorp, the parent company of Magyar Bank, posted a 25% increase in net income for the third fiscal quarter ending June 30, 2026. The New Brunswick-based institution earned $3.1 million during the period, bolstered by a 30-basis point expansion in its net interest margin despite broader inflationary pressures.
A 30-year industry veteran has been appointed to head Cetera Financial Specialists, the tax-centric division of the firm’s wealth management network. Craig Bartlett, a CFP professional with a background spanning U.S. Bank, UBS, and Choreo, will oversee growth and advisor support for the San Diego-based organization.
The 31st annual EnerCom Denver conference will gather global energy leaders, institutional investors, and private equity managers at the Westin Denver Downtown from August 17–19, 2026. The event serves as a central hub for networking and high-level strategy discussions across the oil, gas, and emerging energy sectors.
By signing President Donald Trump’s Ratepayer Protection Pledge, Atlanta-based Southern Company aims to insulate residential and small business customers from the soaring infrastructure costs driven by the AI boom. The move signals a strategic shift in how utility giants handle the massive electricity demands of new tech-sector facilities.
Vancouver-based oil and gas explorer BluEnergies has closed a non-brokered private placement, raising C$20.7 million to accelerate the development of its offshore assets. The offering involved the issuance of over 9.2 million units, providing the company with fresh capital as it pursues exploration projects in West Africa and the Gulf of Mexico.
Over 90 percent of 2,000 Teamsters Local 856 members have voted to authorize a strike, signaling a potential shutdown of critical services across Contra Costa County. The move follows the expiration of their labor contract on June 30 and months of stalled bargaining over compensation gaps compared to neighboring jurisdictions.
San Francisco-based AegisAI has raised $36 million in Series A funding led by Battery Ventures, bringing the startup’s total capital to $49 million. The company, founded by former Google security leaders, aims to counter a 500% surge in AI-generated spear phishing by deploying autonomous agents that analyze intent rather than static patterns.
Persistent pain, unexplained swelling, and growing lumps are too often dismissed as simple sports injuries, but for thousands of Americans, these symptoms mask a far more dangerous reality. During Sarcoma Awareness Month, the American Academy of Orthopaedic Surgeons is pushing for earlier detection of these rare, frequently misdiagnosed bone and soft-tissue cancers.
Patients in Cottage Grove, Minnesota, now have access to a non-invasive treatment for chronic musculoskeletal conditions. Oasis Chiropractic & Wellness Center has integrated the OmniWave Shockwave system into its practice, targeting persistent issues like plantar fasciitis, rotator cuff injuries, and knee pain without the need for surgery or medication.
Cranston-based Taco has officially graduated its first cohort of the Manager Development Program, a two-year initiative designed to standardize leadership capabilities across its North American and European offices. The program replaces fragmented departmental training with a cohesive strategy aimed at fostering long-term internal talent.
Bentonville, Arkansas, serves as the launchpad for the PenFed Foundation’s latest Veteran Entrepreneur Program cohort. Twelve veteran and military spouse-led startups are beginning an intensive seven-week journey, blending in-person mentorship with virtual training to scale operations across sectors ranging from AI-driven healthcare to sustainable business software.
Trisha Paytas is moving her hit podcast, Just Trish, to the newly rebranded network Podium. The launch signals a strategic pivot by parent company Night to prioritize video-first, cross-platform entertainment, moving away from traditional audio-only formats to capture a massive, creator-loyal audience across social media and YouTube.
Conflict: As quantum computing threatens to render current public-key encryption obsolete, Terra Quantum and Apex.AI have successfully implemented NIST-standardized post-quantum cryptography within cloud-connected robotic systems. The collaboration offers a blueprint for securing long-lived autonomous platforms without forcing a total redesign of existing software architectures.
National Grid Ventures has signed the White House Ratepayer Protection Pledge, signaling a shift in how the utility giant manages the surge in electricity demand from AI and data centers. The company aims to balance rapid industrial expansion with the preservation of reliability and affordability for existing residential customers.
A two-year study of 500,000 participants suggests that fitness applications are powerful catalysts for sustained physical activity. By transforming abstract goals into visible, incremental progress, these digital tools help users bridge the gap between initial motivation and the creation of permanent, healthy daily routines.
At the AMD Advancing AI 2026 event in San Jose, MulticoreWare showcased new vision-language-action workflows running on AMD Ryzen AI Embedded processors. The partnership aims to move complex AI models from the cloud directly to the edge, enabling robots to process environmental data and make autonomous decisions in real time.
Paradigm Oral Health has reclaimed majority control from BlackRock Long Term Private Capital, transitioning back to a surgeon-led ownership structure. The buyout is fueled by a fresh capital injection from a group led by Warburg Pincus, alongside Goldman Sachs Alternatives and Sixth Street, to support further clinical expansion.
Advantech is rolling out a new suite of server and network platforms integrated with AMD EPYC 9006 Series processors. The hardware, designed to bridge the gap between data centers and intelligent edge environments, aims to bolster processing capabilities for high-performance AI, telecommunications, and industrial automation workloads.
A $65,900 federal grant is powering a significant digital upgrade for Iowa’s emergency services, as the state integrates ImageTrend’s Community Health module into its existing EMS and Trauma Registry to better track patient outcomes across diverse mobile health initiatives.
Duke Energy expects the surge in data center construction to generate billions in long-term bill relief for its existing customer base. By implementing the new Customer Protection Plus framework, the utility aims to leverage revenue from high-demand industrial clients to offset grid modernization costs and stabilize regional energy rates.
Antoinette Cristina bought her first Mets season tickets in 1962, sparking a family legacy that now anchors a new partnership. Her grandson, TJ Cristina, co-founder of the Long Island lifestyle brand GOAT USA, is launching an exclusive co-branded apparel collection with Major League Baseball to honor that six-decade connection.
Industry veterans Justin Nuñez and Mike Valdes-Fauli have launched ITOB: Inside the Owner's Box, a media platform designed to dissect the financial and cultural machinery behind modern sports. The venture targets the intersection of private equity, franchise valuations, and the rapidly shifting landscape of international sports ownership.
Charlotte-based revenue cycle firm Prochant has entered into a strategic partnership with private equity firm Longshore Capital Partners, aiming to accelerate its technological development and service expansion within the home-based care sector while maintaining its current executive leadership and operational culture.
PPL Corporation has signed the White House’s Ratepayer Protection Pledge, formalizing a policy designed to ensure that the rapid expansion of data centers does not shift infrastructure costs onto existing utility customers in Pennsylvania and Kentucky.
Investors saw significant gains as of June 30, 2026, with Royce Micro-Cap Trust recording a one-year total return of 70.39% on net asset value. The New York-based closed-end fund, managed by an advisory team with five decades of experience, continues to focus on companies valued at $1 billion or less.
A new 50-megawatt data center campus, dubbed Project Santos, is set for the ERCOT South grid zone as CM Global Services shifts its infrastructure expertise toward AI. The project aims to provide specialized GPU-as-a-Service capacity to enterprise clients and neocloud providers, starting with an initial 7-megawatt phase.
The Royce Small-Cap Trust (NYSE: RVT) closed the first half of 2026 with a net asset value of $21.21 per share, reflecting a year-to-date return of 24.23%. As the oldest and largest small-cap closed-end fund, it continues to focus on long-term capital growth through a diversified portfolio of micro- and small-cap equities.
General aviation pilots can now bypass traditional radio or phone calls to air traffic control when requesting IFR clearances. Garmin’s new Mobile Clearance Delivery feature, developed with the FAA and MITRE, integrates directly into the Garmin Pilot app to digitize pre-departure workflows at select airports nationwide.
