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Encoded Therapeutics Announces U.S. FDA Breakthrough Therapy Designation Granted to ETX101 for the Treatment of Dravet Syndrome
SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Encoded Therapeutics, Inc. (“Encoded”), a clinical-stage biotechnology company developing precision genetic medicines for severe neurological disorders, today announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation to ETX101 for the treatment of SCN1A+ Dravet syndrome. This designation is in addition to Regenerative Medicine Advanced Therapy (RMAT), Fast Track, Orphan Drug, and Rare Pediatric Disease D...
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Fairbanks Morse Defense Expands Robotic Welding Capabilities to Strengthen Fleet Readiness and Reduce Maintenance Downtime
BELOIT, Wis.--(BUSINESS WIRE)--Fairbanks Morse Defense (FMD) has announced the expansion of its robotic welding program aimed at boosting ship repair and maintenance efficiency for the U.S. Navy and allied fleets. The company’s robotic welding technology combines automation, precision and data-driven performance to reduce operational downtime, improve safety and extend the service life of naval assets. FMD’s robotics integrate advanced machine learning technology that enables automated weld con...
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Butterfly Network Reports Preliminary, Unaudited Fourth Quarter 2025 Revenue Growth of at least 17% Year over Year
BURLINGTON, Mass. & NEW YORK--(BUSINESS WIRE)--Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”, “the company”), a digital health company transforming care with portable, semiconductor-based ultrasound technology and intuitive software, today announced that it expects to report revenue growth for the fourth quarter ended December 31, 2025 of at least 17% year over year. Joseph DeVivo, Butterfly's President, Chief Executive Officer and Chairman commented, “We enter 2026 with strong momentum and...
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Junevity Announces First Peer-Reviewed Research Showing Single-Target Repression Can Reprogram Cellular Aging
SAN FRANCISCO--(BUSINESS WIRE)--Junevity Announces First Peer-reviewed Research Showing Single-Target Repression Can Reprogram Cellular Aging...
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VelaFi obtiene $20 millones en Serie B para impulsar su infraestructura global basada en stablecoins
Dallas y Ciudad de México--(BUSINESS WIRE)--VelaFi, una plataforma de infraestructura financiera impulsada por stablecoins y parte de Galactic Holdings, anunció hoy el cierre de su ronda de financiación Serie B por 20 millones de dólares, liderada por XVC e Ikuyo, con la participación de Alibaba Investment, Planetree, BAI Capital (accionista actual) y otros inversionistas globales. Con esta ronda, la financiación total de VelaFi supera los 40 millones de dólares. Fundada en 2020, VelaFi tiene r...
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VelaFi Raises $20M Series B to Expand Global Stablecoin Infrastructure
DALLAS & MEXICO CITY--(BUSINESS WIRE)--VelaFi, a stablecoin-powered financial infrastructure platform under Galactic Holdings, today announced the completion of its $20 million Series B financing, led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, existing shareholder BAI Capital, and other global investors. This round brings VelaFi’s total funding to over $40 million. Founded in 2020, VelaFi has deep roots in Latin America and a proven track record in real-world payme...
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American Eagle Outfitters Reports Record Holiday Sales
PITTSBURGH--(BUSINESS WIRE)--American Eagle Outfitters, Inc. (NYSE: AEO) today announced that fourth quarter-to-date comparable sales, through Saturday, January 3, 2026, are up in the high single digits. Sales trends are positive across brands and channels with American Eagle comp growth in the low single digits and Aerie comps in the low twenties. Following a record holiday season, the company is raising its fourth quarter operating income* to a range of $167 to $170 million, up from the previ...
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Tamboran Appoints Mr. Todd Abbott as Chief Executive Officer
NEW YORK--(BUSINESS WIRE)--Tamboran Resources Corporation (NYSE: TBN, ASX: TBN): Tamboran Resources Corporation Chairman, Richard Stoneburner, said: “Todd brings over two decades of upstream experience with a strong record of operational leadership, capital discipline, safety and stewardship. His background at Seneca, Marathon and Pioneer demonstrates an ability to improve productivity while lowering costs, which aligns with our focus on safe and efficient execution and delivering value for sha...
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Forum Energy Technologies Announces Appointment of The Honorable Leslie A. Beyer to its Board of Directors
HOUSTON--(BUSINESS WIRE)--Forum Energy Technologies, Inc. (NYSE: FET) today announced the appointment of The Honorable Leslie A. Beyer to its Board of Directors. Ms. Beyer will also serve as a member of the Compensation & Human Capital Committee and the Nominating, Governance & Sustainability Committee. Ms. Beyer is the former Assistant Secretary of the Interior for Land and Minerals Management at the U.S. Department of Interior. Prior to that, Ms. Beyer served as Chief Executive Office...
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Sonesta Appoints Keith Pierce and Jeff Leer as Co-Chief Executive Officers Effective April 1, 2026
NEWTON, Mass.--(BUSINESS WIRE)--Sonesta International Hotels Corporation (“Sonesta”) today announced that Keith Pierce, Executive Vice President and President of Franchise and Development at Sonesta, and Jeff Leer, Executive Vice President at The RMR Group (Nasdaq: RMR), have been appointed as Co-Chief Executive Officers of Sonesta, effective April 1, 2026. Mr. Pierce has been a member of Sonesta’s executive leadership team since 2021, where he has been instrumental in leading the significant e...