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CAVA Opens First Michigan Location in Canton
Mediterranean fast-casual chain CAVA has opened its first Michigan location in Canton, marking its entry into the 28th state. This opening reflects CAVA’s national expansion strategy, aiming for 1,000 locations by 2032. The brand offers customizable Mediterranean bowls, pitas, and dips, and emphasizes community engagement through initiatives like Community Day, benefiting local food banks. CAVA’s growth focuses on healthy, flavorful food catering to diverse consumers and broader health trends.
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VAPORESSO Marks 10th Anniversary with Jakarta Launch, Igniting Global Celebrations
To celebrate its 10th anniversary, VAPORESSO launched “Innovation X” in Jakarta with a hypercar parade, kicking off “The Roar On Rush” world tour. The event showcased the XROS 5 and highlighted VAPORESSO’s focus on vaping innovation and user experience. The tour continues in Paris, London, and Las Vegas. VAPORESSO will also host online events in August, inviting users to explore technology and collaborate on future designs.
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Battery X Metals Secures Revenue Share Deal for Innovative Battery Rebalancing Technology After Range Boost in EV Trial
Battery X Metals’ subsidiary, Battery X Rebalancing Technologies, enters a Commercial Revenue Share Agreement with a Vancouver auto service center specializing in Tesla vehicles. This agreement marks the first commercial deployment of their Prototype 2.0 lithium-ion battery rebalancing machine. Battery X will receive 20% of gross service revenue per rebalancing procedure. Trials saw Prototype 2.0 restore an electric truck’s driving range from 40km to 295km, a 637.5% improvement. This collaboration generates early revenue with no direct operating expenses and validates the platform’s commercial potential.
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Sunrun Announces $431 Million Securitization of Residential Solar Assets
Sunrun (NASDAQ: RUN) priced its fourteenth securitization since 2015, totaling $431 million in notes. The deal includes $331 million of Class A-1 Notes and $100 million of Class A-2 Notes. The Class A Notes offer a 6.15% coupon. This is backed by 63,318 systems across 12 states and Washington D.C., with a customer base averaging a FICO score of 757. The transaction is expected to close around July 30, 2025, demonstrating continued investor confidence in Sunrun’s solar assets.
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Crexendo Announces Second Quarter 2025 Earnings Release Date
Crexendo (CXDO) will report Q2 2025 financial results on August 5, 2025, followed by a conference call at 4:30 PM ET. CEO Jeff Korn, President Doug Gaylor, and CFO Ron Vincent will present and answer questions. Dial 888-506-0062 (U.S.) or 973-528-0011 (International), access code 467741 to join. A replay will be available until August 12th via 877-481-4010 (U.S.) or 919-882-2331 (International), passcode 52756. Crexendo is a provider of cloud communication platform software and UCaaS offerings.
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Duke Energy Prepares for Indiana Storms, Urges Customer Readiness
Duke Energy is preparing for severe weather forecasted to impact its Indiana service territory. The company is mobilizing resources and urges customers to prepare for potential power outages by charging devices, stocking emergency kits, and planning for special needs. Customers can report outages and receive updates via text, mobile app, website, or phone. Duke Energy is Indiana’s largest electric supplier, serving 920,000 customers. Duke Energy (NYSE: DUK) is committed to a cleaner energy future.
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Xcel Energy Expands Power Portfolio in Texas and New Mexico to Meet Growing Demand
Xcel Energy plans a significant expansion of energy infrastructure in Texas and New Mexico to meet a projected 40% surge in electricity demand by 2030. The $5 billion investment includes adding 5,168 MW of capacity through 17 new power projects utilizing wind, solar, battery storage, and natural gas. The initiative aims to boost electric reliability, grid resilience, and economic growth. Regulatory approval is expected in the second half of 2025.
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EZMEKLY® (mirdametinib) Receives Conditional EU Approval for NF1-PN Treatment in Adults and Children
SpringWorks Therapeutics’ EZMEKLY® (mirdametinib) received conditional EU approval for NF1-PN in adults and children (2+), marking the first and only EU-approved therapy for this rare genetic disorder. Backed by Phase 2b ReNeu trial data (n=114), EZMEKLY showed objective response rates of 41% in adults and 52% in pediatric patients, with ~41-42% median tumor volume reduction and durable responses. Available in capsule and dispersible tablet forms, EZMEKLY addresses a significant unmet need in an estimated 135,000 EU patients.
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Sports.com and Lottery.com Fuel Ilott and Foster in Toronto Street Fight for 2025
SEGG Media (NASDAQ: SEGG) announced its sponsored drivers, Callum Ilott and Louis Foster, will compete in the 2025 Ontario Honda Dealers Indy Toronto. Foster seeks consistency after a strong Iowa performance, while Ilott aims to improve his best Toronto finish. Marc Bircham, Director of Sports.com, will attend. This follows
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NuRAN Issues Corporate Update Video
NuRAN Wireless (NRRWF) achieved its first positive EBITDA in Q1 2025, as highlighted in a corporate update video featuring key executives. The company is currently negotiating potential debt restructuring to improve financial terms and seeking additional operating funds. While the positive EBITDA marks a significant milestone, the need for further funding and debt restructuring suggests ongoing financial considerations.