Featured Stories
UBS AG Published Its 2Q26 Financial Report
NEW YORK, Aug. 1 -- UBS, a financial services provider, issued the following news release on July 31, 2026:
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UBS AG published its 2Q26 financial report
Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules
Zurich - UBS AG today published its second-quarter 2026 consolidated financial report. This report is available for download on the UBS website.
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UBS AG
Cautionary Statement Regarding Forward-Looking Statements
This media release contains statements that constitute "forward-looking statements", including but not limited to management's outlook
... Show Full Article
NEW YORK, Aug. 1 -- UBS, a financial services provider, issued the following news release on July 31, 2026:
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UBS AG published its 2Q26 financial report
Ad hoc announcement pursuant to Article 53 of the SIX Exchange Regulation Listing Rules
Zurich - UBS AG today published its second-quarter 2026 consolidated financial report. This report is available for download on the UBS website.
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UBS AG
Cautionary Statement Regarding Forward-Looking Statements
This media release contains statements that constitute "forward-looking statements", including but not limited to management's outlookfor UBS's financial performance, statements relating to the anticipated effect of transactions and strategic initiatives on UBS's business and future development and goals. While these forward-looking statements represent UBS's judgments, expectations and objectives concerning the matters described, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from UBS's expectations. In particular, the global economy may suffer significant adverse effects from increasing political tensions between world powers, changes to international trade policies, including those related to tariffs and trade barriers, and evolving armed conflicts. UBS's acquisition of the Credit Suisse Group materially changed its outlook and strategic direction and introduced new operational challenges. The integration of the Credit Suisse entities into the UBS structure is expected to continue through 2026 and presents significant operational and execution risk, including the risks that UBS may be unable to achieve the cost reductions and business benefits contemplated by the transaction, that it may incur higher costs to execute the integration of Credit Suisse and that the acquired business may have greater risks or liabilities, including those related to litigation, than expected. In response to the failure of Credit Suisse, Switzerland has adopted a new Capital Adequacy Ordinance and is considering changes to its Banking Act, which, if enacted as proposed, would substantially increase capital requirements for UBS in relation to its foreign subsidiaries. These factors create greater uncertainty about forward-looking statements. Other factors that may affect UBS's performance and ability to achieve its plans, outlook and other objectives also include, but are not limited to: (i) the degree to which UBS is successful in the execution of its strategic plans, including its cost reduction and efficiency initiatives and its ability to manage its levels of risk-weighted assets (RWA) and leverage ratio denominator (LRD), liquidity coverage ratio and other financial resources, including changes in RWA assets and liabilities arising from higher market volatility and the size of the combined Group; (ii) the degree to which UBS is successful in implementing changes to its businesses to meet changing market, regulatory and other conditions, including any potential changes to banking examination and oversight practices and standards as a result of executive branch orders or staff interpretations of law in the US; (iii) inflation and interest rate volatility in major markets; (iv) developments in the macroeconomic climate and in the markets in which UBS operates or to which it is exposed, including movements in securities prices or liquidity, credit spreads, currency exchange rates, residential and commercial real estate markets, general economic conditions, and changes to national trade policies on the financial position or creditworthiness of UBS's clients and counterparties, as well as on client sentiment and levels of activity; (v) changes in the availability of capital and funding, including any adverse changes in UBS's credit spreads and credit ratings of UBS, as well as availability and cost of funding, including as affected by the marketability of additional tier one debt instruments, to meet requirements for debt eligible for total loss-absorbing capacity (TLAC); (vi) changes in and potential divergence between central bank policies or the implementation of financial legislation and regulation in Switzerland, the US, the UK, the EU and other financial centers that have imposed, or resulted in, or may do so in the future, more stringent or entity-specific capital, TLAC, leverage ratio, net stable funding ratio, liquidity and funding requirements, heightened operational resilience requirements, incremental tax requirements, additional levies, limitations on permitted activities, constraints on remuneration, constraints on transfers of capital and liquidity and sharing of operational costs across the Group or other measures, and the effect these will or would have on UBS's business activities; (vii) UBS's ability to successfully implement resolvability and related regulatory requirements and the potential need to make further changes to the legal structure or booking model of UBS in response to legal and regulatory requirements including heightened requirements and expectations due to its acquisition of the Credit Suisse Group; (viii) UBS's ability to maintain and improve its systems and controls for complying with sanctions in a timely manner and for the detection and prevention of money laundering to meet evolving regulatory requirements and expectations, in particular in the current geopolitical turmoil; (ix) the uncertainty arising from domestic stresses in certain major economies; (x) changes in UBS's competitive position, including whether differences in regulatory capital and other requirements among the major financial centers adversely affect UBS's ability to compete in certain lines of business; (xi) changes in the standards of conduct applicable to its businesses that may result from new regulations or new enforcement of existing standards, including measures to impose new and enhanced duties when interacting with customers and in the execution and handling of customer transactions; (xii) the liability to which UBS may be exposed, or possible constraints or sanctions that regulatory authorities might impose on UBS, due to litigation, including litigation it has inherited by virtue of the acquisition of the Credit Suisse Group, contractual claims and regulatory investigations, including the potential for disqualification from certain businesses, potentially large fines or monetary penalties, or the loss of licenses or privileges as a result of regulatory or other governmental sanctions, as well as the effect that litigation, regulatory and similar matters have on the operational risk component of its RWA; (xiii) UBS's ability to retain and attract the employees necessary to generate revenues and to manage, support and control its businesses, which may be affected by competitive factors; (xiv) changes in accounting or tax standards or policies, and determinations or interpretations affecting the recognition of gain or loss, the valuation of goodwill, the recognition of deferred tax assets and other matters; (xv) UBS's ability to implement new technologies and business methods, including digital services, artificial intelligence and other technologies, and ability to successfully compete with both existing and new financial service providers, some of which may not be regulated to the same extent; (xvi) limitations on the effectiveness of UBS's internal processes for risk management, risk control, measurement and modeling, and of financial models generally; (xvii) the occurrence of operational failures, such as fraud, misconduct, unauthorized trading, financial crime, cyberattacks, data leakage and systems failures, the risk of which is increased with persistently high levels of cyberattack threats; (xviii) restrictions on the ability of UBS Group AG, UBS AG and regulated subsidiaries of UBS AG to make payments or distributions, including due to restrictions on the ability of its subsidiaries to make loans or distributions, directly or indirectly, or, in the case of financial difficulties, due to the exercise by the Swiss Financial Market Supervisory Authority (FINMA) or the regulators of UBS's operations in other countries of their broad statutory powers in relation to protective measures, restructuring and liquidation proceedings; (xix) the degree to which changes in regulation, capital or legal structure, financial results or other factors may affect UBS's ability to maintain its stated capital return objective; (xx) uncertainty over the scope of actions that may be required by UBS, governments and others for UBS to achieve goals relating to climate, environmental and social matters, as well as the evolving nature of underlying science and industry and the increasing divergence among regulatory regimes; (xxi) the ability of UBS to access capital markets; (xxii) the ability of UBS to successfully recover from a disaster or other business continuity problem due to a hurricane, flood, earthquake, terrorist attack, war, conflict, pandemic, security breach, cyberattack, power loss, telecommunications failure or other natural or man-made event; and (xxiii) the effect that these or other factors or unanticipated events, including media reports and speculations, may have on its reputation and the additional consequences that this may have on its business and performance. The sequence in which the factors above are presented is not indicative of their likelihood of occurrence or the potential magnitude of their consequences. UBS's business and financial performance could be affected by other factors identified in its past and future filings and reports, including those filed with the US Securities and Exchange Commission (the SEC). More detailed information about those factors is set forth in documents furnished by UBS and filings made by UBS with the SEC, including the UBS Group AG and UBS AG Annual Reports on Form 20-F for the year ended 31 December 2025. UBS is not under any obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
Rounding | Numbers presented throughout this report may not add up precisely to the totals provided in the tables, infographics and text. Percentages and percent changes disclosed in text and tables are calculated on the basis of unrounded figures. Absolute changes between reporting periods disclosed in the text, which can be derived from numbers presented in related tables, are calculated on a rounded basis.
Tables | Within tables, blank fields generally indicate non-applicability or that presentation of any content would not be meaningful, or that information is not available as of the relevant date or for the relevant period. Zero values generally indicate that the respective figure is zero on an actual or rounded basis. Values that are zero on a rounded basis can be either negative or positive on an actual basis.
Websites | In this report, any website addresses are provided solely for information and are not intended to be active links. UBS is not incorporating the contents of any such websites into this report.
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Original text here: https://www.ubs.com/global/en/media/display-page-ndp/en-20260731-ubs-ag-2q26.html?caasID=CAAS-ActivityStream
[Category: BizFinancial Services]
Summer Greathouse Named to Texas Affiliation of Affordable Housing Providers' Board of Directors
HOUSTON, Texas, Aug. 1 -- Bracewell, a law firm, issued the following news release:
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Summer Greathouse Named to Texas Affiliation of Affordable Housing Providers' Board of Directors
SAN ANTONIO - Bracewell LLP partner Summer B. Greathouse has been named a member of the Texas Affiliation of Affordable Housing Providers' (TAAHP) Board of Directors for 2026-2027.
New members were installed and took the oath of office at the Annual TAAHP Meeting held July 20 in Austin, Texas.
Greathouse concentrates her practice on tax-exempt financings, tax credits, economic development and governmental
... Show Full Article
HOUSTON, Texas, Aug. 1 -- Bracewell, a law firm, issued the following news release:
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Summer Greathouse Named to Texas Affiliation of Affordable Housing Providers' Board of Directors
SAN ANTONIO - Bracewell LLP partner Summer B. Greathouse has been named a member of the Texas Affiliation of Affordable Housing Providers' (TAAHP) Board of Directors for 2026-2027.
New members were installed and took the oath of office at the Annual TAAHP Meeting held July 20 in Austin, Texas.
Greathouse concentrates her practice on tax-exempt financings, tax credits, economic development and governmentalcontracts at the federal, state and local levels, with a focus on affordable and workforce housing development.
Founded in 1997, TAAHP is a non-profit trade association serving as the primary advocate and leading resource for the affordable housing industry in Texas.
TAAHP's vision is to inspire and engage its members and stakeholders to end the affordable housing crisis in Texas.
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Related People
Summer B. Greathouse (https://www.bracewell.com/people/summer-b-greathouse/)
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Original text here: https://www.bracewell.com/news-events/summer-greathouse-named-to-texas-affiliation-of-affordable-housing-providers-board-of-directors/
[Category: BizLaw/Legal]
Marcus & Millichap Brokers Sale of Copper Mountain Apartments in Killeen, Texas
ENCINO, California, Aug. 1 -- Marcus and Millichap issued the following news release on July 31, 2026:
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Marcus & Millichap Brokers Sale of Copper Mountain Apartments in Killeen, Texas
KILLEEN, Texas -- Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Copper Mountain, a 214-unit multifamily property.
"Investor demand for well-located workforce housing remains strong in Killeen, where Fort Cavazos continues to provide a stable economic foundation," said
... Show Full Article
ENCINO, California, Aug. 1 -- Marcus and Millichap issued the following news release on July 31, 2026:
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Marcus & Millichap Brokers Sale of Copper Mountain Apartments in Killeen, Texas
KILLEEN, Texas -- Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Copper Mountain, a 214-unit multifamily property.
"Investor demand for well-located workforce housing remains strong in Killeen, where Fort Cavazos continues to provide a stable economic foundation," saidAlec Schenk, associate director investments. "This property generated 12 offers and more than 200 signed confidentiality agreements, demonstrating continued interest in multifamily opportunities that combine stable operations with long-term value-add potential."
Schenk, Nick Fluellen, Bard Hoover, Peter Flis and John McGregor, investment specialists in Marcus & Millichap's Dallas office, exclusively marketed the property on behalf of the seller, a California-based private client, and procured the buyer, a New York-based family office completing a 1031 exchange.
The property is located at 2501 Bacon Ranch Rd. Built in 1985, the apartment community totals 130,485 rentable square feet on 8.69 acres. The buyer, which now owns more than 700 apartment units in the Killeen market, plans to invest more than $1 million in capital improvements, including exterior building upgrades, new roofs, enhanced lighting and security features and amenity improvements. Anchored by nearby Fort Cavazos, one of the nation's largest U.S. Army installations, Killeen continues to benefit from stable multifamily fundamentals, resilient occupancy and limited new apartment construction.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
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Original text here: https://www.marcusmillichap.com/news-events/press/2026/07/7-31-26-copper-mountain
[Category: BizRealEstate]
Marcus & Millichap Arranges Sale of Phoenix Car Wash Property
ENCINO, California, Aug. 1 -- Marcus and Millichap issued the following news release on July 31, 2026:
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Marcus & Millichap Arranges Sale of Phoenix Car Wash Property
PHOENIX -- Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Dash Car Wash, a 1,965-square-foot net-leased property in Phoenix, Arizona.
"The sale-leaseback enabled our client to unlock equity while retaining operational control of the property," said Zack House, senior managing director investments.
... Show Full Article
ENCINO, California, Aug. 1 -- Marcus and Millichap issued the following news release on July 31, 2026:
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Marcus & Millichap Arranges Sale of Phoenix Car Wash Property
PHOENIX -- Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Dash Car Wash, a 1,965-square-foot net-leased property in Phoenix, Arizona.
"The sale-leaseback enabled our client to unlock equity while retaining operational control of the property," said Zack House, senior managing director investments."Investor demand remains strong for well-located assets with bonus depreciation benefits."
House, Mark Ruble, Chris Lind and Nick Christifulli, investment specialists in Marcus & Millichap's Phoenix office, exclusively marketed the property on behalf of the seller, an Arizona LLC, and procured the buyer, a Delaware LLC.
The property is located at 2831 E. Indian School Rd. Built in 2019, the car wash occupies 1.19 acres.
The buyer plans to hold the property as a long-term investment.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
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Original text here: https://www.marcusmillichap.com/news-events/press/2026/07/7-31-26-dash-car-wash
[Category: BizRealEstate]
Littler Issues Commentary: OSHA Recordkeeping Update - Fifth Circuit Vacates Mandatory Work-Related Mental Illness Reporting Rule
SAN FRANCISCO, California, Aug. 1 -- Littler, a law firm, issued the following commentary on July 31, 2026, by counsel Kimberly M. Shappley, associate Emily Linn, and senior counsels Peter Vassalo and Felicia K. Watson:
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OSHA Recordkeeping Update: Fifth Circuit Vacates Mandatory Work-Related Mental Illness Reporting Rule
At a Glance
* Fifth Circuit decision finds OSHA lacks authority to require employers to record work-related mental illness.
* This decision calls into question OSHA's longstanding position that its recordkeeping regulations encompass work-related mental injuries or illnesses,
... Show Full Article
SAN FRANCISCO, California, Aug. 1 -- Littler, a law firm, issued the following commentary on July 31, 2026, by counsel Kimberly M. Shappley, associate Emily Linn, and senior counsels Peter Vassalo and Felicia K. Watson:
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OSHA Recordkeeping Update: Fifth Circuit Vacates Mandatory Work-Related Mental Illness Reporting Rule
At a Glance
* Fifth Circuit decision finds OSHA lacks authority to require employers to record work-related mental illness.
* This decision calls into question OSHA's longstanding position that its recordkeeping regulations encompass work-related mental injuries or illnesses,such as PTSD.
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In a significant decision that narrows the Occupational Safety and Health Administration (OSHA) requirements under its Recordkeeping regulation, the U.S. Court of Appeals for the Fifth Circuit held that OSHA lacked statutory authority to require employers to record employee work-related mental illnesses on OSHA injury and illness logs.
In Exxon Mobil Corp. v. Occupational Safety and Health Review Commission, No. 25-60108 (5th Cir. July 21, 2026), the court vacated a provision of OSHA's Recordkeeping regulation requiring mental health illness reporting, 29 C.F.R. Sec. 1904.5(b)(2)(ix), and set aside an OSHA citation and penalty issued to the company for failing to record an employee's PTSD diagnosis. The ruling removes OSHA's longstanding requirement that employers record certain work-related mental illnesses, even when supported by a qualifying healthcare provider's opinion.
Overview of OSHA Injury and Illness Reporting
Most employers covered by OSHA's recordkeeping regulations are required to maintain records of certain work-related injuries and illnesses using OSHA Forms 300 and 301. OSHA uses these records to collect data regarding workplace injuries and illnesses, identify trends, and target enforcement and compliance efforts. They also help employers identify recurring safety risks and unknown safety hazards, and provide visibility of injuries to workers and inspectors.
* OSHA Form 300 (Log of Work-Related Injuries and Illnesses) is an ongoing log of all qualifying safety and health incidents in the workplace that employers must maintain throughout the calendar year. For each recordable work-related injury or illness, employers document basic information about the employee, the nature of the injury or illness, the location and date of the injury or onset of the illness, the affected body part, and whether the incident resulted in days away from work, restricted duty, job transfer, or other recordable outcomes.
* OSHA Form 301 (Injury and Illness Incident Report) provides a more detailed account of each recordable incident entered on the Form 300 log. Employers must complete a Form 301 for every injury or illness that is recorded on the Form 300 log, including information about how and why the incident occurred, and the treatment provided.
Background
The case arose from a 2021 explosion and fire. An employee who participated in emergency response efforts following the incident was subsequently diagnosed with post-traumatic stress disorder (PTSD) by several healthcare providers, all of whom concluded that the condition was related to the workplace incident, which the employer disputed. OSHA thereafter cited the employer for violating its recordkeeping requirements in failing to record the purported work-related mental illness of the employee and assessed a penalty.
The dispute ultimately centered not on the employee's diagnosis, but on whether OSHA possessed statutory authority under 29 U.S.C. Sec. 657(c)(2) of the Occupational Safety and Health Act (OSH Act) to require employers to record work-related mental illnesses at all.
The Court's Holding
The Fifth Circuit concluded that OSHA exceeded its authority when it promulgated the mental illness recordkeeping rule. According to the court, the "best reading" of 28 U.S.C. Sec. 657(c)(2) authorizes OSHA to require the recording of physical work-related injuries and illnesses, but not mental illnesses.
In reaching this decision, the Fifth Circuit looked at the following:
* Statutory Context. The court emphasized that the statute authorizes OSHA to require records of "work-related deaths, injuries and illnesses" while excluding minor injuries requiring only first aid or not involving medical treatment, loss of consciousness, work restrictions, or job transfer. The court found these concepts are directed principally toward physical harms, suggesting Congress was focused on physical occupational injuries and illnesses.
* Structure of the OSH Act. The court also examined the surrounding statutory provisions addressing occupational accidents, toxic materials, and harmful physical agents. In the court's view, the broader recordkeeping and inspection framework reflected congressional concern with physical workplace hazards rather than psychological conditions.
* Dictionary Definitions of Illness. As the Act left "illness" undefined, the court reviewed dictionary definitions contemporaneous with the OSH Act's 1970 enactment, finding that the ordinary meaning of "illness" generally referred to physical disease or sickness and did not clearly encompass mental illness.
What Does This Mean for Employers?
The immediate legal effect of the Fifth Circuit's decision is strongest within the Fifth Circuit, which encompasses Texas, Louisiana, and Mississippi. In these states, the decision is precedent that Congress did not provide OSHA with authority to require employers to record work-related mental illnesses, and 29 C.F.R. Sec. 1904.5(b)(2)(ix) is no longer valid. Employers with operations in those states should carefully evaluate the impact of the decision on their OSHA recordkeeping practices and any ongoing or future OSHA investigations involving employee mental health conditions.
Although the decision is directly controlling in the Fifth Circuit only, its implications extend well beyond those states. By holding that OSHA lacked statutory authority to require the recording of work-related mental illnesses, the court called into question OSHA's longstanding position that its recordkeeping regulations encompass work-related mental injuries or illnesses, such as PTSD. The decision also reflects the growing influence of Loper Bright,/1 signaling that courts--particularly within the Fifth Circuit--may be less willing to defer to agency interpretations that are not clearly grounded in statutory text. Here, the court assessed whether OSHA's reading of "illnesses" in 29 U.S.C. Sec. 657(c)(2) to encompass "mental illnesses" was the best reading of the statute, not whether it was simply permissible.
As for the practical impact on employer recordkeeping practices, employers should consider internally tracking work-related mental illnesses. Employees and supervisors should be trained to report work-related mental health conditions through established internal reporting channels, and employers should continue to investigate and document those reports. Mental health concerns can affect workplace safety, workers' compensation claims, leave and accommodation obligations, and other employment-law considerations, regardless of whether they ultimately must be recorded on OSHA logs.
While this decision narrows recordkeeping requirements in the Fifth Circuit, employers should exercise caution before deciding not to record a work-related mental illness. Given the evolving legal landscape and the possibility of further agency or judicial action, recordkeeping decisions involving mental illnesses should be made on a case-by-case basis. Employers receiving reports of PTSD or other work-related mental illnesses should consult experienced OSHA counsel to evaluate whether the condition may be recordable under applicable law and to ensure compliance with OSHA's reporting and recordkeeping requirements.
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See Footnotes
1/ Loper Bright Enterp. v. Raimondo, 603 U.S. 369, 412 (2024) (explaining courts "must exercise their independent judgment in deciding whether an agency has acted within its statutory authority.")
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Authors
Kimberly M. Shappley
Of Counsel
Irvine
kshappley@littler.com
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Emily Linn
Associate
Austin
elinn@littler.com
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Peter Vassalo
Senior Counsel
Washington, D.C.
pvassalo@littler.com
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Felicia K. Watson
Senior Counsel
Washington, D.C.
fwatson@littler.com
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Original text here: https://www.littler.com/news-analysis/asap/osha-recordkeeping-update-fifth-circuit-vacates-mandatory-work-related-mental
[Category: BizLaw/Legal]
IHeartMedia Spotlights New Music From Beyonce and Ariana Grande
SAN ANTONIO, Texas, Aug. 1 -- iHeartMedia issued the following news release:
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iHeartMedia Spotlights New Music from Beyonce and Ariana Grande; Names STELLA LEFTY and FLO as Latest 'On The Verge' Artists
NEW YORK - iHeartMedia highlighted new music and artists alike recently with special programming.
On Friday, Beyonce's new single "MORNING DEW (DONK)" was featured as an iHeartRadio Spotlight across all iHeartRadio R&B stations while several songs from Ariana Grande's new album "petal" were featured in New Music Friday slots across all iHeartRadio CHR stations.
This summer, iHeartMedia
... Show Full Article
SAN ANTONIO, Texas, Aug. 1 -- iHeartMedia issued the following news release:
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iHeartMedia Spotlights New Music from Beyonce and Ariana Grande; Names STELLA LEFTY and FLO as Latest 'On The Verge' Artists
NEW YORK - iHeartMedia highlighted new music and artists alike recently with special programming.
On Friday, Beyonce's new single "MORNING DEW (DONK)" was featured as an iHeartRadio Spotlight across all iHeartRadio R&B stations while several songs from Ariana Grande's new album "petal" were featured in New Music Friday slots across all iHeartRadio CHR stations.
This summer, iHeartMedianamed STELLA LEFTY and FLO as the latest 'On The Verge' artists, with singer-songwriter STELLA LEFTY featured across iHeartCountry stations with her single "Boston" and hit British girl group FLO featured across iHeartRadio Rhythm CHR stations with their single "Don't Break Her Heart."
iHeartMedia's 'On The Verge' program helps build awareness for up-and-coming artists through its radio airplay and historically, all 'On The Verge' artists have charted in the top 30, with more than half landing in the top 10 and over a third claiming the No. 1 chart slot.
For the latest news, music fans can download the iHeartRadio app; follow iHeartRadio on Instagram, TikTok, Twitter/X, Facebook and YouTube; and visit iHeartRadio.com.
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About iHeartMedia, Inc.
iHeartMedia, Inc. [Nasdaq: IHRT] is the leading audio media company in America, with nine out of ten Americans listening to iHeart broadcast radio in every month. iHeart's broadcast radio assets alone have a larger audience in the U.S. than any other media outlet and over four times the ad-enabled audience of the largest digital only audio service. iHeart is the largest podcast publisher according to both Podtrac and Triton, with more downloads than the next two podcast publishers combined, has the most recognizable live events across all genres of music, has the number one social footprint among audio players, has the highest-reach and most engaged influencers, and is the only fully integrated audio ad tech solution across broadcast, streaming and podcasts. The company continues to leverage its strong audience connection and unparalleled consumer reach to build new platforms, products and services. Visit iHeartMedia.com for more company information.
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Original text here: https://www.iheartmedia.com/press/iheartmedia-spotlights-new-music-beyonce-and-ariana-grande-names-stella-lefty-and-flo-latest
[Category: BizMedia]
GE Vernova Expands Pennsylvania Manufacturing Facility to Strengthen U.S. Grid Supply Chain
CAMBRIDGE, Massachusetts, Aug. 1 -- G.E. Vernova, an energy company, posted the following news release on July 30, 2026:
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GE Vernova expands Pennsylvania manufacturing facility to strengthen U.S. grid supply chain
* Company is growing its existing Charleroi, Pa., facility to boost domestic production of grid-essential equipment and help shorten lead times for critical electrical infrastructure.
* Expansion is part of an ongoing $138 million investment in the facility and is expected to create approximately 275 new jobs through 2028, with additional hiring planned through 2030.
* Combined
... Show Full Article
CAMBRIDGE, Massachusetts, Aug. 1 -- G.E. Vernova, an energy company, posted the following news release on July 30, 2026:
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GE Vernova expands Pennsylvania manufacturing facility to strengthen U.S. grid supply chain
* Company is growing its existing Charleroi, Pa., facility to boost domestic production of grid-essential equipment and help shorten lead times for critical electrical infrastructure.
* Expansion is part of an ongoing $138 million investment in the facility and is expected to create approximately 275 new jobs through 2028, with additional hiring planned through 2030.
* Combinedwith other investments, GE Vernova expects to invest $166 million in Western Pennsylvania and create more than 700 new high-skilled manufacturing jobs across Pennsylvania.
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CHARLEROI, Pa.- GE Vernova (NYSE: GEV) today announced an expansion of its Power Transmission manufacturing facility in Charleroi, Pennsylvania, which produces high-voltage circuit breakers, switchgear products, and instrument transformers. By modernizing and expanding the facility, GE Vernova is helping shorten lead times for critical grid components, enabling utilities to connect new energy-intensive demand, including data centers, to the grid more quickly and reliably.
The expansion is part of a $138 million investment in the Charleroi facility and is expected to create approximately 275 new high-skilled manufacturing jobs through 2028, with additional hiring planned through 2030. These new roles include wiring technicians, mechanics, test technicians, logistics coordinators, and supply chain specialists. Combined with other investments, GE Vernova expects to invest $166 million in Western Pennsylvania and create more than 700 new highly-skilled manufacturing jobs across Pennsylvania.
"Expanding our manufacturing capacity in Pennsylvania is a cornerstone of our strategy to meet the energy needs of an increasingly electrified world while helping modernize our nation's grid infrastructure," said Scott Strazik, CEO of GE Vernova. "By investing in American manufacturing and our workforce, we are strengthening the domestic supply chain and helping deliver the essential technologies our customers need to build a more reliable and resilient grid."
The company commemorated the expansion today at an event with Pennsylvania Governor Josh Shapiro.
"From day one, my Administration has worked to make Pennsylvania a leader on economic development, supporting Pennsylvania businesses and workers to keep our Commonwealth moving forward. As part of that work, we identified energy and manufacturing as two key pillars of opportunity - sectors in which we're poised to lead and continue to grow," said Governor Shapiro. "It's clear that strategy is paying off as companies like GE Vernova choose the Commonwealth as the place to expand and invest in, creating good-paying jobs that strengthen our communities and position our Commonwealth to lead the future of energy and advanced manufacturing."
The Charleroi expansion is part of GE Vernova's broader plan to invest nearly $1.3 billion across its U.S. manufacturing facilities and research centers between 2025 and 2028 to strengthen domestic manufacturing capacity, accelerate innovation, and help meet growing electricity demand.
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About GE Vernova
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Electrification and Wind segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world's challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 85,000 employees across approximately 100 countries around the world. Supported by the Company's purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.
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Forward-Looking Statements
This document contains forward-looking statements - that is, statements related to future events that by their nature address matters that are, to different degrees, uncertain. These forward-looking statements often address GE Vernova's expected future business and financial performance and financial condition, and the expected performance of its products, the impact of its services and the results they may generate or produce, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," "estimate," "forecast," "target," "preliminary," or "range." Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about planned and potential transactions, investments or projects and their expected results and the impacts of macroeconomic and market conditions and volatility on the Company's business operations, financial results and financial position and on the global supply chain and world economy.
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Original text here: https://www.gevernova.com/news/press-releases/ge-vernova-expands-pennsylvania-manufacturing-facility-strengthen-us-grid-supply
[Category: BizEnergy]
