New Case Series Explores Plant-Derived Exosomes and Microneedling for Hair Loss
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Preliminary clinical observations highlight a potential approach to addressing androgenetic and traction alopecia

LOUISVILLE, Ky., Oct. 21, 2026 /PRNewswire/ -- Induction Therapies®, innovators in aesthetics and advanced microneedling technology, and Collagen P.I.N.®, in partnership with renowned aesthetic physician Dr. Shino Bay Aguilera, announced a new clinical case series exploring the combination of scalp microneedling and topical plant-derived exosome therapy for two forms of nonscarring hair loss: androgenetic alopecia and traction alopecia.

The case series evaluated two patients treated with the Collagen P.I.N. microneedling device and Induction Therapies' PRX⁸ Plant-Exo Stimulation Serum over three monthly sessions. The protocol involved microneedling at a depth of 0.5 mm, followed by topical application of the exosomes with patients applying the formulation daily between treatments.

"Hair loss can significantly impact patients, driving interest in new approaches to scalp health and hair restoration," said Dr. Shino Bay Aguilera. "This case series offers preliminary insights into combining microneedling with topical plant-derived exosome therapy and underscores the need for further research."

Following treatment, a 29-year-old male with androgenetic alopecia reported reduced shedding and increased fine, vellus hairs along the frontal scalp, with physician-observed improvements in hair density and coverage. A 29-year-old female with early traction alopecia reported reduced shedding along the part line and increased vellus hairs in the bitemporal region. At one-month follow-up, continued improvement was reported and observed in both affected areas. No adverse events were reported in either patient.

"At Induction Therapies, we are committed to advancing aesthetic innovation and exploring new applications for microneedling technology," said Angelia Inscoe, Founder of Induction Therapies® and Collagen P.I.N. "These findings represent an exciting opportunity to further explore how Collagen P.I.N. microneedling and PRX⁸ Plant-Exo Stimulation Serum may work together as part of an innovative approach to hair restoration. We look forward to continued research into this combination and its potential to expand the options available to patients experiencing hair loss."

As a two-patient case series, these findings are preliminary and do not establish treatment efficacy. Further research is needed to evaluate outcomes in larger patient populations.

The full case study can be found here. For more information, please visit inductiontherapies.com and collagenpin.com.

About Induction Therapies® | Collagen P.I.N.®

Induction Therapies is a clinically driven aesthetics company redefining how treatments, skincare, and outcomes work together. Founded by industry veteran and serial entrepreneur, Angelia Inscoe, the brand was built on a simple but often overlooked truth: meaningful results don't come from a single product or procedure — they come from a system.

At the center of this philosophy is the Collagen P.I.N.® microneedling device, the first of its kind to introduce an industry-leading 36-pin needle cartridge and precision depth up to 3.0mm, expanding what microneedling can achieve in both performance and versatility. Engineered to create more microchannels with greater control, it delivers enhanced collagen stimulation, deeper product absorption, and more consistent, high-performance outcomes.

SOURCE Collagen P.I.N.

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<p>Preliminary clinical observations highlight a potential approach to addressing androgenetic and traction alopecia LOUISVILLE, Ky., Oct. 21, 2026 /PRNewswire/ -- Induction Therapies®, innovators in aesthetics and advanced microneedling technology, and Collagen P.I.N.®, in partnership with...</p>

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Jos. A. Bank Returns to Northborough Crossing with New Store Concept
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The brand brings its reimagined shopping experience back to the Northborough community, blending 120 years of menswear expertise with a modern approach to style and service

NEW YORK, Oct. 21, 2026 /PRNewswire/ -- Jos. A. Bank, a trusted destination for menswear, rentals and expert tailoring, announced today its return to Northborough Crossing in Northborough, Massachusetts, with the opening of a new store featuring the brand's reimagined retail concept. The location marks a return to a familiar community while introducing a fresh shopping experience that builds on Jos. A. Bank's 120 years of menswear expertise.

Situated near the intersection of Routes 9 and 20, Northborough Crossing serves shoppers from communities throughout the surrounding region. The new 4,442-square-foot store is the second Jos. A. Bank location to feature the redesigned concept, following its debut in Peachtree City, Georgia last week.

Designed around how customers shop today, the updated environment puts product and personalized service front and center. More intentional merchandising, clearer sightlines, and styled displays make it easier for customers to explore the assortment, discover versatile wardrobe options, and work with knowledgeable consultants to find the right fit.

"We're excited to return to Northborough Crossing and reconnect with a community that has been part of the Jos. A. Bank story," said Karla Gray, Chief Operating Officer of Tailored Brands. "What makes this opening especially meaningful is the opportunity to welcome customers back with a completely reimagined shopping experience. We've brought together the quality, craftsmanship, and personal service our customers know with a modern store environment designed to make shopping easier and more enjoyable."

Jos. A. Bank will celebrate the new store with a Grand Opening event on Friday, October 30, starting at 10:00 a.m. Representatives from Tailored Brands' nonprofit partners Fisher House Foundation, K9s For Warriors, Semper Fi & America's Fund, and Soldiers' Angels will join local leaders and the Jos. A. Bank team for the celebration.

Grand opening festivities will continue on Saturday, October 31, with WZLX-FM broadcasting live from the store from 11:00 a.m. to 1:00 p.m. The event will feature music, games, prizes and Jos. A. Bank gift card giveaways.

The new Jos. A. Bank store is located at 8116 Shops Way, Northborough, MA 01532. Store hours are 10:00 a.m. to 9:00 p.m. Monday through Saturday and 11:00 a.m. to 6:00 p.m. on Sunday. For more information, visit josbank.com.

About Jos. A. Bank

Established in 1905, Jos. A. Bank is a leading destination for classically styled tailored and polished menswear. For more than 120 years, the brand has built its reputation on quality, craftsmanship, fit and personalized service, offering a versatile assortment of tailored clothing, sportswear, footwear and accessories for life's most important moments and every day. Jos. A. Bank serves customers through stores nationwide and online at josbank.com.

About Tailored Brands, Inc.

Tailored Brands is a leading omnichannel specialty retailer of menswear, including suits, formalwear, and a broad selection of business casual offerings. We help our customers love the way they look for their most important moments. The company delivers personalized products and services through our convenient network of stores and e-commerce sites. Our brands include Men's Wearhouse, Jos. A. Bank, Moores, and K&G Fashion Superstore.

For additional information on Tailored Brands, please visit the Company's websites at www.tailoredbrands.com, www.josbank.com, www.menswearhouse.com, www.mooresclothing.ca or www.kgstores.com.

SOURCE Tailored Brands

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<p>The brand brings its reimagined shopping experience back to the Northborough community, blending 120 years of menswear expertise with a modern approach to style and service NEW YORK, Oct. 21, 2026 /PRNewswire/ -- Jos. A. Bank, a trusted destination for menswear, rentals and expert...</p>

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New York Labor Health Care Alliance Endorses Blue Genes Lab to Stop Unsafe and Ineffective Drugs Before They're Filled for 79 Unions and 150,000 Members and Dependents
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Unlike traditional pharmacogenetics programs that just send a report, Blue Genes acts in real time inside the claims flow, protecting workers and holding down plan costs

ALBANY, N.Y. and PHOENIX, Oct. 21, 2026 /PRNewswire/ -- Blue Genes Lab, a leading pharmacogenetics (PGx) provider with a groundbreaking approach to using genetic data to protect patients and reduce costs for payers at the moment it matters, today announced that it has been endorsed by the New York Labor Health Care Alliance (NYLHCA) for use by its 79 member unions representing 150,000 members and dependents.

"Our mission is twofold: safeguarding the health of the men and women who build and service New York and protecting the funds that support them," explained Stephen O'Sick, Executive Director of the NYLHCA. "Utilizing Blue Genes, we block unsafe or ineffective medications ranging from opioids to GLP-1s and behavioral health drugs, completely behind the scenes, requiring no changes from members or prescribers."

Unlike other pharmacogenetics programs, also known as pharmacogenomics, Blue Genes Lab works in the claims flow, checking drugs against a member's genetic profile the moment a prescription is submitted. Within milliseconds, unsafe or ineffective drugs are identified, the member is notified and the claim is stopped. Blue Genes checks for drug-gene interactions for more than 500 medications, including 65 ultra-high-cost specialty drugs and GLP-1s.

Despite the long-established clinical benefits of pharmacogenetics, adoption across the industry remains limited. This is largely because traditional approaches are confusing and inconvenient for members and are outside the prescriber workflow. As a result, while other programs send a report that can get lost in a portal, mailbox and fax machine, Blue Genes acts the moment it matters — before the prescription is filled or the claim is paid.

Blue Genes has overcome these obstacles to adoption by making PGx both clinically rigorous and friction free. The member takes a one-time at-home mouth-swab for a lifetime of protection; there is nothing to remember, nothing new for the pharmacy, and nothing added to the physician's workflow. It is automatic and instant.

For maximum safety and savings, Blue Genes concentrates on high-cost, high-impact prescriptions where genetics can change the outcome. GLP-1s are a clear example: Blue Genes stops likely non-response before a plan pays and before a member spends months on a drug that will not work. Alternatives Blue Genes recommends are formulary-aware, so they never disrupt existing payer contracts.

"We are honored to receive this endorsement and earn the trust of labor organizations nationwide," said Blue Genes Lab CEO Nick Glimcher. "The science behind pharmacogenetics is well established, and we are proud to be able to make PGx effective to protect union workers and the benefit funds they count on."

About Blue Genes Lab

Blue Genes Lab's patent-pending technology integrates pharmacogenetics where the decision actually gets made — the moment a prescription is submitted. We check it against the patient's own biology and answer in about 300 milliseconds, before the drug is filled and before the claim is paid. This improves the safety and efficacy of drugs and reduces healthcare costs, without disrupting the provider workflow. Visit BlueGenesLabs.com to learn more.

SOURCE Blue Genes Lab

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<p>Unlike traditional pharmacogenetics programs that just send a report, Blue Genes acts in real time inside the claims flow, protecting workers and holding down plan costs ALBANY, N.Y. and PHOENIX, Oct. 21, 2026 /PRNewswire/ -- Blue Genes Lab, a leading pharmacogenetics (PGx) provider with...</p>

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Frost Bank becomes Official Bank of the Houston Rockets and Houston Comets
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Frost's expanded Rockets relationship and first professional women's sports team partnership signals a deeper investment in Houston sports, fans and communities

HOUSTON, Oct. 21, 2026 /PRNewswire/ -- Frost Bank today announced an expanded partnership with the Houston Rockets and a new partnership with the Houston Comets, becoming the Official Bank of both teams. The designation marks Frost's first partnership with a professional women's sports team and expands its longstanding relationship with the Rockets.

The expanded partnership builds on nearly a decade of collaboration with the Rockets, reflecting a shared commitment to creating meaningful fan experiences, investing in Houston communities and supporting the next chapter of sports in one of America's most passionate cities.

As women's sports continue to reach new levels of visibility, fandom and cultural influence, Frost's partnership with the Comets represents a significant milestone for the bank and reinforces its commitment to supporting opportunities that bring people together and strengthen local communities.

"Houston brings together hardworking people, diverse perspectives, and a collaborative spirit that creates opportunities for everyone," said Richard Mann, Frost's Houston region president. "As women's sports continue to gain momentum, our partnership with the Comets and expanded relationship with the Rockets reflects Frost's continued investment in Houston, its fans and its future. Together, we will create meaningful experiences while supporting initiatives that strengthen the communities we serve."

Partnership Highlights

- Financial Literacy and Community Impact – Frost will work alongside both the Rockets and Comets to develop community-focused financial literacy initiatives designed to help more Houstonians build financial confidence and achieve their financial goals.

- Frost Fridays Fan Experiences – Frost will bring its popular Frost Fridays series to select Rockets and Comets home games, featuring unique fan experiences, giveaways, and custom activations designed to engage with fans throughout the season.

- Presenting Partner for Tentpole Moments Across Both Leagues – Frost will serve as a presenting partner of the "For the Cup" series during the NBA Cup and WNBA Commissioner's Cup across Rockets and Comets platforms and fan experiences.

- Enhanced Frost Legends Club – The partnership includes the launch of Frost Legends Club, creating an upgraded experience for guests at Rockets and Comets games and arena events.

"The return of the Houston Comets marks a historic moment for our city, our fans, and the future of women's sports," said Gretchen Sheirr, President of Business Operations. "For many Houstonians, the Comets represent cherished memories and a championship legacy. For a new generation, they symbolize what is possible. We're grateful to Frost for embracing this exciting new chapter and for its continued commitment to our organization. As a longtime Rockets partner and now a founding partner of the Comets, Frost shares our belief in honoring tradition while investing in the future. Together, we look forward to creating exceptional experiences, giving back to our community, and building memories that will inspire Houston for years to come."

Additional partnership and community programming details will be announced throughout the season.

For more information about Frost, visit FrostBank.com. For more information about the Houston Rockets and Houston Comets, visit Rockets.com and HoustonComets.com.

About Frost

Frost is the banking, investments and insurance subsidiary of Cullen/Frost Bankers, Inc. (NYSE: CFR), a financial holding company with $53.9 billion in assets at June 30, 2026. One of the 50 largest U.S. banks by asset size, Frost provides a full range of banking, investments and insurance services to businesses and individuals in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost has helped Texans with their financial needs during three centuries. For more information, visit FrostBank.com.

About Houston Rockets/Houston Comets

In October 2017, Tilman J. Fertitta assumed ownership of the National Basketball Association's Houston Rockets and operation of the team's home arena, Toyota Center, located in downtown Houston. In May 2026, the Women's National Basketball Association approved the relocation of the Connecticut Sun to Houston for the 2027 season, marking the return of the Houston Comets. The Rockets, who originated in San Diego and moved to Houston in 1971, are entering their 60th season as an NBA franchise and won back-to-back championships in 1993-94 and 1994-95. The Comets were one of the original eight WNBA franchises and won the league's first four championships from 1997-2000. Through the Clutch City Foundation, the Rockets and Comets utilize the power of basketball to transform lives and positively impact the Houston community. For more information, please visit Rockets.com and HoustonComets.com.

SOURCE Frost Bank

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<p>Frost's expanded Rockets relationship and first professional women's sports team partnership signals a deeper investment in Houston sports, fans and communities HOUSTON, Oct. 21, 2026 /PRNewswire/ -- Frost Bank today announced an expanded partnership with the Houston Rockets and a new...</p>

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Vector Solutions Launches Skills Intelligence to Give Manufacturers a Real-Time View of Workforce Readiness
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Vector Solutions Launches Skills Intelligence to Give Manufacturers a Real-Time View of Workforce Readiness

New AI-native solution connects skills visibility with training to help manufacturers close skills gaps, build frontline readiness, and keep production moving

TAMPA, Fla., Oct. 21, 2026 /PRNewswire/ -- Today, Vector Solutions, the leading AI-enabled performance platform that enhances safety, compliance, and workforce readiness for critical industries, announced the launch of Skills Intelligence, a new workforce readiness solution that gives manufacturers a clear view of what their employees can do, rather than relying only on training completion.

The launch comes as manufacturers face growing pressure to build and retain the capabilities needed to keep operations running. Nearly 40% of skills used on the job are expected to change by 2030, and 45% of manufacturers already cite attracting and retaining a quality workforce as a top business challenge. Yet Vector's 2026 market research found that roughly 9 in 10 manufacturers still track workforce skills through spreadsheets, paper, or disconnected systems, making it difficult to see where critical capabilities exist or where gaps could put production at risk.

Skills Intelligence closes that visibility gap by showing proficiency levels and workforce coverage across roles, teams, sites, and shifts. Built on an AI-native platform, the solution helps manufacturers turn existing workforce and skills data into a clearer, more actionable view of readiness. Leaders can quickly identify who is qualified to perform specific work, find coverage for an unexpected absence, spot single points of failure, and determine where cross-training or development is needed. Unlike systems that rely on course completion as a proxy for readiness, Skills Intelligence tracks capabilities validated through an organization's own approval and sign-off processes.

"Manufacturers can't solve today's workforce challenges through hiring alone," said Clare Epstein, General Manager of Commercial at Vector Solutions. "They need to develop the talent they already have, giving employees clear opportunities to build new skills, advance, and apply those skills where they're needed most. At the same time, leaders need confidence that workforce development translates to readiness on the floor. By combining AI with a clear view of validated workforce capabilities, Skills Intelligence helps manufacturers better understand where skills exist, where gaps remain, and where to focus development, creating a stronger connection between workforce development and operational performance."

Built specifically for manufacturers, Skills Intelligence enables organizations to:

- See proven capabilities across the workforce: A visual skills matrix shows proficiency levels across employees, roles, teams, sites, and shifts.

- Find qualified employees quickly: Capability Search identifies workers with the right skill at the required proficiency level across shifts and locations.

- Catch workforce vulnerabilities earlier: Skills Gap views surface areas with limited coverage and single points of failure so teams can cross-train before an absence, retirement, or turnover disrupts operations.

- Close skills gaps from the same workflow: Leaders can assign training or request skill validation directly from the skills matrix.

- Move beyond spreadsheets faster: An AI-powered import wizard converts existing skills matrices, job checklists, and other documents into structured jobs, skills, and proficiency scales in minutes.

- Create a clearer path to grow: Team members can see the skills they need to build to prepare for future roles.

- Stay audit ready: A documented sign-off trail for every validated skill to be used in customer audits, regulatory reviews, and internal quality checks.

"Knowing who has completed training and who is ready to perform a job are two different things," said Dr. Charity True, Manufacturing Training Manager, NS BlueScope, CPNA. "We need a clear, current view of the skills across our workforce so we can make better decisions about staffing, cross-training, and where we need to build additional depth. Vector's Skills Intelligence is a solution shaped around the realities manufacturing teams face every day, designed to make skills management more intuitive without adding complexity to existing workflows."

For manufacturers using Vector's Convergence LMS, Skills Intelligence creates a closed loop from identifying a skills gap to taking action. Leaders can see where capabilities are missing, assign relevant training to help close the gap, and initiate skill validation from the same workflow, connecting workforce visibility directly to development and readiness on the floor.

The solution was developed in partnership with several manufacturing design partners whose feedback helped shape the product around the day-to-day workforce challenges facing plant managers, training leaders, and frontline supervisors.

"Building workforce readiness means giving employees a clearer understanding of where they can grow while making sure the business has the skills it needs for the future," said Eric Emrick, Training Manager, Fairbanks Morse Defense. "We focused on making that connection practical, giving leaders better visibility into workforce capabilities while creating clearer paths for employees to develop new skills and advance. Skills Intelligence brings those pieces together in a way that reflects the realities companies are navigating every day."

Skills Intelligence is available as an add-on for existing Convergence LMS customers, bundled with the LMS for new customers, or as a standalone solution for manufacturers.

To learn more about Vector Solutions Skills Intelligence, click here or request a demo.

ABOUT VECTOR SOLUTIONS for INDUSTRIAL

Vector Solutions for Industrial is the leading Safety, Compliance, and Workforce Readiness Platform for organizations in industrial manufacturing, food and beverage manufacturing, pulp and paper, chemical processing, and facilities management. By integrating workflows, reporting, and training, the Vector platform helps reduce recordable incidents, simplifies compliance, and delivers a safer, workforce-ready organization. Connecting training management, EHS oversight, compliance tracking, and performance tools into one solution, Vector helps streamline operations, save time, and drive measurable results. Serving thousands of clients, Vector empowers safer, more efficient workplaces.

ABOUT VECTOR SOLUTIONS

Vector Solutions is the leading AI-enabled Performance Platform Powering Safe, Compliant, and Efficient Operations for the world's most critical industries. Embedded into daily workflows to drive improvements in compliance, safety, performance, and preparedness, our software includes operational and workforce readiness, training management, industry-focused online course libraries, EHS management, workforce scheduling, asset management, evaluation and performance management, and more. With more than 24,000 clients, Vector powers the outcomes that matter most—saving time, ensuring compliance, embedding knowledge, reducing downtime, and safeguarding lives. For more information, visit www.vectorsolutions.com.

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Kara Kothmann

(512) 771-6911

[email protected]

SOURCE Vector Solutions

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<p>New AI-native solution connects skills visibility with training to help manufacturers close skills gaps, build frontline readiness, and keep production moving TAMPA, Fla., Oct. 21, 2026 /PRNewswire/ -- Today, Vector Solutions, the leading AI-enabled performance platform that enhances...</p>

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Shrieve Chemical Company Acquires Research Solutions Group
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Shrieve Chemical Company Acquires Research Solutions Group

THE WOODLANDS, Texas and PELHAM, Ala., Oct. 21, 2026 /PRNewswire/ -- Shrieve Chemical Company ("Shrieve"), a portfolio company of Gemspring Capital and a leading global distributor of specialized chemicals serving a broad range of end markets, announced today that it has acquired Research Solutions Group, Inc. ("RSG"), a distributor, blender, and recycler of industrial solvents and specialty chemicals headquartered in Pelham, Alabama. Terms of the transaction were not disclosed.

Founded in 1971, RSG has built a strong reputation across the Southeastern United States for industrial solvents, custom solvent blends, and specialty chemical products, complemented by solvent recycling and waste management services. The acquisition expands Shrieve's footprint across the Southeast and adds blending, recycling, and logistics capabilities. Together, the companies are well positioned to provide customers with a broader range of solutions, enhanced technical capabilities, and greater service coverage across key markets.

"We are excited to welcome the RSG team to Shrieve," said Joey Gullion, Chief Executive Officer of Shrieve. "RSG has built an impressive business with strong customer relationships, differentiated capabilities, and a reputation for excellence. This acquisition expands our geographic reach, strengthens our operational platform, and enhances our ability to deliver value-added solutions to customers. We look forward to partnering with the RSG team as we continue executing our long-term growth strategy."

"We are proud of the business and culture we have built over the years and believe Shrieve is the ideal partner for the next chapter of RSG's growth," said Jeff Miller, Chief Executive Officer of RSG. "Our shared commitment to customer service, technical expertise, and operational excellence makes this a strong strategic fit. By combining RSG's capabilities with Shrieve's scale and resources, we will be able to offer even greater value to customers and suppliers while continuing to build on the relationships that have made our business successful."

About Research Solutions Group

Research Solutions Group, headquartered in Pelham, Alabama, is a distributor, blender, and recycler of industrial solvents and specialty chemicals. Founded in 1971, the company serves customers throughout the Southeastern United States with industrial solvents, custom solvent blends, and specialty chemical products, complemented by solvent recycling and waste management services. Through its network of facilities, transportation assets, and technical expertise, RSG has built a strong reputation for customer service and operational excellence. For more information, visit www.researchsolutionsgroup.com.

About Shrieve

Shrieve, based in The Woodlands, Texas, is a leading value-added chemicals distributor serving a broad range of end markets globally. Since its founding in 1978, Shrieve has leveraged its knowledge network to find the best match between suppliers, customer needs, and product applications. Through its four operating segments, Industrial Distribution, Specialty Distribution, Specialty Lubricants, and Energy Products and Services, Shrieve markets nearly 1,500 products across more than 40 countries. For more information, visit www.shrieve.com.

About Gemspring Capital

Gemspring Capital, a Westport, Connecticut-based private equity firm with $5.1 billion of capital under management, provides flexible capital solutions to middle market companies. Gemspring partners with talented management teams and takes a partnership approach to helping drive revenue growth, value creation, and sustainable competitive advantages. Target companies have up to $2.0 billion in revenue and are in the aerospace & defense, business services, consumer services, financial and insurance services, healthcare, industrial, software, and tech-enabled services sectors. For more information, visit www.gemspring.com.

Media Contact

Jason VanVleet

[email protected]

SOURCE Gemspring Capital

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<p>THE WOODLANDS, Texas and PELHAM, Ala., Oct. 21, 2026 /PRNewswire/ -- Shrieve Chemical Company ("Shrieve"), a portfolio company of Gemspring Capital and a leading global distributor of specialized chemicals serving a broad range of end markets, announced today that it has acquired Research...</p>

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PG&amp;E Submits Testimony to California Regulators Outlining $22.5 Billion Cost of Government Grid Takeover in San Francisco
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Filing Includes $8.6 Billion in Business Severance Damages and Physical Separation Costs that the City's Valuation Does Not Yet Address

OAKLAND, Calif., Oct. 21, 2026 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) on Tuesday responded to the City and County of San Francisco's (CCSF) petition asking the California Public Utilities Commission (CPUC) to determine the value of PG&E's electric distribution grid in San Francisco.

PG&E's filing details that the CPUC-required costs of a CCSF takeover would be $22.5 billion.

CCSF's April 2026 filing estimated only the fair-market value of the grid's assets. PG&E's filing includes both the fair-market value of the grid's assets and the costs CCSF would have to pay PG&E and its remaining customers as part of its proposed takeover:

- Physical separation of the San Francisco grid from PG&E's larger, integrated grid

- Lost revenue for statewide energy programs that a CCSF utility would shift to customers outside of San Francisco

"A government takeover of our grid is not the right solution for our San Francisco customers," said PG&E Corporation CEO Patti Poppe. "We have decades of specialized expertise operating San Francisco's complex electric system. And now our filing shows that a takeover doesn't make financial sense for customers."

PG&E's filing outlines a fair-market value of approximately $13.9 billion for its electric and real property assets in San Francisco, compared to the $3.4 billion that CCSF cited in April. However, PG&E's valuation also includes $7.6 billion in damages for business severance and $1 billion in damages for physical separation.

An accurate accounting of the cost of a government takeover of PG&E's San Francisco electric distribution grid is essential to understanding how it would affect San Franciscans. Dividing PG&E's total burden of a takeover across the 420,000 electric accounts in San Francisco would equal about $53,000 per account. That is not a forecast of a specific customer bill or charge. However, it's clear that a takeover would burden San Franciscans with significant debt for decades to come.

CCSF significantly undervalues PG&E's assets

The CPUC already has ruled that CCSF will have to pay "the highest value" that a hypothetical buyer might pay for the assets, and PG&E's analysis finds that CCSF's April offer for the company's assets is well below fair-market value.

CCSF's April filing suggested a total value of just $3.4 billion for PG&E's San Francisco grid.

But CCSF's filing assigned zero value on PG&E's more than 2,000 real estate interests that include easements and licenses throughout the city.

CCSF also dramatically undervalued PG&E's underground distribution system in San Francisco, failing to account for higher construction costs, the challenges associated with working around existing infrastructure, and unique permitting and specialized installation practices specific to San Francisco.

Severance damages would constitute $8.6 billion in takeover costs

Severance damages fall into two categories: Costs to physically separate PG&E's electric system within San Francisco from the company's larger grid, and costs to ensure that a government takeover would not financially harm PG&E's remaining customers.

CCSF's takeover proposal includes taking PG&E's Martin Substation in Daly City, plus transmission and distribution facilities, real estate, telecommunications assets and other infrastructure that supports service to customers outside San Francisco.

After physically severing assets, any separation plan would have to physically restore safe and reliable service to PG&E's remaining customers, including:

- Building a new PG&E substation, likely in San Mateo County, to replace the Martin Substation

- Building a new service center to maintain gas and electric operations for PG&E's remaining Bay Area customers

- Reconfiguring or building power lines to restore service to PG&E customers outside of San Francisco, particularly in San Mateo County

This work would require new costs, permitting and extensive outage management to reduce its effects on customers.

CCSF would also have to pay business severance damages to prevent cost shifts for state-mandated programs onto remaining PG&E customers. Business severance damages reflect set costs that fewer customers would pay following a takeover, increasing the costs on customers outside of San Francisco. Those statewide programs include:

- Wildfire risk reduction

- Low income-qualified assistance

- Energy efficiency initiatives

Neither PG&E's analysis nor CCSF's valuation includes hundreds of millions of dollars in startup costs that CCSF would incur to establish a city-run electric company, including hiring a highly skilled workforce. Nor does either valuation consider the PG&E-generated revenue that CCSF would forego, including tax and franchise fee payments of approximately $100 million a year, that help pay for public services including fire and police protection.

Improving reliability, making investments

To put CCSF's takeover bid in further context, over the past decade PG&E has spent $3 billion on reliability upgrades—nearly the total amount CCSF proposes to pay for PG&E's San Francisco distribution grid—and the company plans to invest nearly $2 billion more in the next five years.

PG&E is investing $370 million in reliability and substation resilience improvements in San Francisco in 2026—16% more than in 2025. The work the company plans to complete this year includes 23 reliability projects, upgrading 10,000 feet of underground cable, and installing 50 isolation and switching devices to reroute power during outages.

To further improve upon this reliability progress and modernize the grid, the company over the next several years will spend $75 million in the Richmond district and $60 million in the Sunset neighborhood to convert circuits to higher capacity. In Bayshore and Hunters Point, PG&E is investing $600 million to rebuild its substation and circuits and is improving overhead power lines.

"My coworkers and I love serving San Francisco. San Francisco's expectations are high, and we intend to measure up," Poppe said. "We have 600 people who serve you every day and if San Francisco were to take over PG&E's assets, those people would leave the city and go work on other parts of our system. It saddens me to imagine a day when a whole convoy of blue and white trucks drives across the Bay Bridge heading to Oakland, never to come back. I don't think that's in San Francisco's best interest."

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

SOURCE Pacific Gas and Electric Company

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<p>Filing Includes $8.6 Billion in Business Severance Damages and Physical Separation Costs that the City's Valuation Does Not Yet Address OAKLAND, Calif., Oct. 21, 2026 /PRNewswire/ -- Pacific Gas and Electric Company (PG&amp;E) on Tuesday responded to the City and County of San Francisco's...</p>

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Kubota Expands Autonomous Solutions and Introduces the M5L Tractor for Specialty Crops
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Autonomous M5L Tractors are Expected to be Available in Early 2027 for Orchard and Nut Growers

GRAPEVINE, Texas, Oct. 21, 2026 /PRNewswire/ -- Kubota North America today announced the next phase of its strategic collaboration with Agtonomy, an award-winning agricultural autonomy software company, to expand the pilot phase to include autonomous operations on the Kubota M5 Low Profile diesel tractor for orchard and nut growers. The initiative builds on the companies' work to commercialize practical autonomy on Kubota equipment and reflects Kubota's ongoing commitment to developing smart technology that enhances efficiency, adaptability and productivity for specialty crop customers.

"Kubota values our relationship with Agtonomy and is committed to finding solutions for the specialty agricultural market and associated growers," said Don Lowe, Senior Director for Kubota Tractor Corporation. "Expanding our autonomous platform with Agtonomy confirms another vital step towards the commercialization of our high-quality products into this important segment."

This next phase will focus on integrating Agtonomy's capabilities with Kubota's M5 Low Profile tractor to support core specialty-crop workloads, including spraying, mowing and underplant cultivation. The low-profile design and added lift capacity of the M5L will allow the companies to address a broader set of orchard applications, including sanitation mowing, while helping growers introduce autonomous solutions into their existing diesel tractor operations.

The pilot phase expansion is informed by successful engagement with growers and continued feedback from specialty crop operations. While the M5N is tailored to narrow-row applications, the M5L brings a low-profile platform and increased lift capacity suited to the distinct needs of orchard and nut operations. Kubota dealer support will remain an important part of helping growers integrate the technology into their existing workflow.

"As a specialty crop grower myself, I know how much orchard work depends on having the right equipment and skilled people available when the job needs to get done," said Tim Bucher, CEO and Co-Founder of Agtonomy. "Bringing our technology to the M5L is a direct response to that need and an important next step in helping growers get essential work done with the skilled labor they have available."

Kubota's open innovation approach is grounded in collaboration with industry-leading partners to accelerate transformative agricultural solutions. Through its continued work with Agtonomy, Kubota will use grower input to refine autonomous capabilities and help deliver practical technology solutions that improve efficiency, consistency and field operations for specialty agriculture customers.

For more information on Kubota innovation, visit KubotaUSA.com/Innovation. For more information on Agtonomy, visit Agtonomy.com.

About Kubota North America Corporation

Kubota North America Corporation (KNA), headquartered in Grapevine, Texas, serves as the central business hub for all KNA companies in the U.S. and Canada, connecting leadership resources and talent across all lines of Kubota's business. Kubota Corporation, based in Osaka, Japan, together with its subsidiaries, manufactures and sells a range of machinery, including tractors, construction equipment, lawn and garden equipment, hay tools and performance-matched implements. For product literature or dealer locations, contact: Kubota North America, 1000 Kubota Drive, Grapevine, TX 76051, (888) 4-KUBOTA [(888) 458-2682], Ext. 900, or visit KubotaUSA.com or Kubota.Ca.

About Agtonomy

Agtonomy is an AI and software services company specializing in intelligent automation for agriculture, turf and beyond. Through partnerships with leading equipment manufacturers, Agtonomy's platform is embedded into industrial machinery to enable automation in complex, real-world environments. Its platform boosts efficiency, safety and sustainability, while allowing operators to retain command. For more information, visit Agtonomy.com.

SOURCE Kubota North America Corporation

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<p>Autonomous M5L Tractors are Expected to be Available in Early 2027 for Orchard and Nut Growers GRAPEVINE, Texas, Oct. 21, 2026 /PRNewswire/ -- Kubota North America today announced the next phase of its strategic collaboration with Agtonomy, an award-winning agricultural autonomy software...</p>

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Plaid CTO Will Robinson Talks the 'Next Horizon' from Money20/20: NYSE Content Update
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Plaid CTO Will Robinson Talks the 'Next Horizon' from Money20/20: NYSE Content Update

NYSE issues a pre-market daily advisory direct from the trading floor.

NEW YORK, Oct. 21, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.

Kristen Scholer delivers the pre-market update on October 21st

- Plaid CTO Will Robinson speaks to NYSE from Money20/20 USA

- The next horizon is "making sense" of financial data, Robinson told Host J.D. Durkin.

- Plaid is a private fintech, recently valued at $8 billion, with a business focus on connectivity, paired with intelligence.

- Pineapple Financial rebrands to Pentiv

- The move combines its established mortgage platform with a new intelligence model.

- Pentiv says this marks the next phase of its evolution.

- Acorns accesses Gen Z with Frich Deal

- Financial wellness system Acorns announced on October 13 that it purchased Frich.

- Frich called itself a financial education startup, reaching 1.6 million users.

- Frich founders will join Acorns as Co-Leads of Education and Community.

Opening Bell

Simplify Asset Management, Inc. celebrates the Simplify Managed Futures ETF

Closing Bell

Credo AI rings in the era of trusted AI and celebrates its 5th Annual AI Trust Summit

For market insights, IPO activity, and today's opening bell, download the NYSE TV App and check out the NYSE YouTube: TV.NYSE.com and YouTube.com/@NYSEofficial

SOURCE New York Stock Exchange

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<p>NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, Oct. 21, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before...</p>

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Red Banyan Named an Inc. Power Partner for the Third Consecutive Year
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The annual Inc. Power Partner Awards recognizes B2B companies that provide essential services and expertise to help entrepreneurs and businesses grow

FORT LAUDERDALE, Fla., October 21, 2026 /PRNewswire/ -- Leading reputation management and crisis communications firm Red Banyan® has been named a 2026 Inc. Power Partner Awards winner for the third consecutive year, recognizing the company among the leading B2B partners supporting entrepreneurs and businesses across the country.

The annual Inc. Power Partner Awards honor B2B companies that have demonstrated a track record of helping entrepreneurs and businesses navigate the challenges of building and growing a company. From hiring and compliance to technology, infrastructure, fundraising, marketing, and more, these partners provide expertise and services that enable businesses to operate, scale, and pursue their ambitions.

"Business owners have no shortage of tools at their disposal, and B2B companies need to make clear why their products and services are worth the investment," says Bonny Ghosh, editorial director at Inc. "The companies on this year's Power Partners list have done just that. They don't just have customers – they have superfans and evangelists. Across industries like marketing, financial services, and technology, they've proved their dedication to helping fellow business owners grow and succeed."

"I founded Red Banyan in order to give business leaders senior-level counsel at the moments that matter most. Being named an Inc. Power Partner for the third straight year shows our clients believe we are delivering on that," said Evan Nierman, Founder and CEO of Red Banyan®.

Red Banyan® was recognized for its work as a trusted outside advisor to executives, boards, institutions, and high-profile individuals. The firm counsels clients through situations where public perception carries direct commercial consequences, from misconduct allegations and litigation to product liability claims and online attacks, while helping growing companies build the visibility and credibility that drive growth.

Red Banyan® operates based on the agency's Powering Reputation model, which is built around an organization's lifecycle and combines proactive brand visibility efforts with crisis prevention and planning services and real-time rapid response. The firm's Press The Truth® philosophy guides engagements for clients confronting high-stakes reputational threats across sectors.

The Inc. honor adds to a standout 2026 for the firm. Red Banyan® has recently earned a ranking in the prestigious 2026 Chambers Crisis & Risk Management Guide for top litigation PR and crisis management firms in the US. Earlier this year, O'Dwyer's ranked Red Banyan® the No. 1 Boutique Crisis Communications Firm in the United States and the World Communications Forum Association named the agency the No. 1 Communications Firm in the World for Communications Excellence. Most recently, Guide to Florida named Red Banyan® a 2026 Best of Florida regional winner in the Business Consulting Firms category.

For more information on Inc.'s Power Partner Awards or to view the complete list of honorees, visit https://www.inc.com/power-partner-awards.

About Red Banyan®

Red Banyan® is an award-winning strategic communications firm specializing in high-stakes reputation management. The firm advises business leaders, organizations, institutions and high-profile individuals operating in scrutinized or regulated environments where perception, trust and brand equity directly influence outcomes. Drawing on deep expertise across strategic communications and brand building, crisis communications, legal and litigation PR, government relations, media training, and online reputation management, Red Banyan® delivers disciplined, strategy-led communications designed to support business growth and navigate moments that test it. Learn more at https://redbanyan.com.

About Inc.

Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.

SOURCE RED BANYAN GROUP, LLC

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<p>The annual Inc. Power Partner Awards recognizes B2B companies that provide essential services and expertise to help entrepreneurs and businesses grow FORT LAUDERDALE, Fla., October 21, 2026 /PRNewswire/ -- Leading reputation management and crisis communications firm Red Banyan® has been...</p>

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