Monthly Archives: March 2021
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King Street Company Inc. Obtains Creditor Protection Under the Companies’ Creditors Arrangement Act (CCAA)
TORONTO, November 9, 2020 /CNW/ – from Canada Leading multi-brand hotel group King Street Company Inc. (“The King Street Food Company” or the “Company”) today announced ... -
CaixaBank and Bankia reach agreement to create Spain’s largest lender
CaixaBank is set to become Spain’s biggest lender after agreeing to pay a 20% premium to take over small rival Bankia, in a move that heralds ... -
A fussy guy who made sure a lot didn’t happen over coffee
Aditya Puri shared HDFC Bank‘s secret sauce last year, explaining why the biggest private sector lender has managed to dodge any impact from the volley of ... -
DoorDash Launches Restaurant Accelerator, Toast Considers IPO
Photograph courtesy of DoorDash This week in restaurant tech: DoorDash and Yelp are looking to better equip restaurants and Toast could be the next tech company ... -
Chuck E. Cheese Parent Files for Chapter 11
CEC Entertainment, the parent company of Chuck E. Cheese, has deposit for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas, ... -
KBB steps up efforts to help vehicle owners support charities
Tuesday, September 22, 2020, 4:00 p.m. IRVINE, Calif. – Since Kelley Blue Book partnered with Charitable Adult Rides & Services, or ... -
A precious wedding arch is ransacked by insensitive parents
DEAR ABBY: My daughter got married in a friend’s garden three months ago. Her husband built an arch for the ceremony. He spent $285 on some ... -
Broadridge Launches Wealth Lending Network Marketplace
NEW YORK, February 22, 2021 /PRNewswire/ — Broadridge Financial SolutionsInc. (NYSE:BR), a global fintech leader, has launched a Wealth Lending Network marketplace to connect wealth managers ... -
Mars soccer teams look to cap undefeated seasons at PIAA Championships
By: rebel gift Thursday, November 19, 2020 | 4:18 p.m. Christopher Horner | Tribune-Review Erin Rodgers (17) of Mars celebrates scoring with Gwen Howell during the ... -
Hospitality Asset Managers Association (“HAMA”) Appoints 2021 Board of Directors
Leaders of the Hospitality Asset Managers Association (“HAMA”) today announced their new Board of Directors for 2021. Appointed at the group’s biannual conference held virtually last ... -
Luckin Chair lenders will sell pledged shares as loan collateral, says Goldman
Goldman Sachs Group (GS) – Get the report from Goldman Sachs Group, Inc. said on Monday that an entity controlled by Luckin’s (LK) – Get the ... -
Eatertainment chain Punch Bowl Social files for bankruptcy
Punch Bowl Social Inc., an “entertainment” chain backed by Cracker Barrel Old Country Store Inc., filed for bankruptcy ahead of a planned foreclosure sale by a ... -
Freddie Mac credit protects $167.2 billion in single-family families
MCLEAN, Va., Feb. 22, 2021 (GLOBE NEWSWIRE) — Freddie Macit is The one-family business today announced that its Credit Risk Transfer (CRT) program transferred credit risk ... -
The Mortgage Collaborative brings its own take on virtual events
The Mortgage Collaborative, the mortgage industry’s independent cooperative network, has begun posting details of a major virtual event it will be hosting for its members during ... -
Midtown Miami Land In Foreclosure Listed For Sale
3601 North Miami Avenue with Francisco Arocha The developer of the planned Triptych project which straddles the border between Midtown Miami and the Design District is ... -
Singer Harry Styles makes his commercial real estate debut at Oak View’s new Manchester Arena
Harry Styles in 2012, but the mop crop hasn’t changed. ManchesterThe decade-long property boom has prompted a number of local celebrities to return as property developers. ... -
SBA’s Annual Celebration of Veteran and Military Contractors
Beginning Nov. 2, the U.S. Small Business Administration will celebrate, empower, and connect veterans, service members including National Guard and Reserve, military contractor spouses, and business ... -
Ana Barrett Celebrates 50 Years Teaching Spanish at Northwest Catholic – Hartford Courant
West Hartford – Ana Barrett is in her 50th year teaching Spanish at Northwest Catholic High School in West Hartford, and said she has faced challenges, ... -
Some HSBC shareholders urge bank to cut fossil fuel loans | Financial market news
The bank‘s shareholders will vote at the bank’s annual general meeting in April to set commitments aligned with Paris. Some of HSBC’s major shareholders are calling ... -
SIN BIN: Girlfriend grilled in the murder of a South African football captain
Content of the article All hell seems to be breaking loose in the pursuit of the killers of South African football captain Senzo Meyiwa. Content of ... -
TSB is the first to launch support for Iress’ Lender Connect for brokers
After a successful pilot in July 2020, the TSB is now expanding the use of Iress Lender Connect to more of its brokers, becoming the first ... -
Canadian lender CIBC reports layoffs as it battles tough environment
By Nicholas Saminather, C Nivedita (Reuters) – Canadian Imperial Bank of Commerce CM.TO became the second Canadian bank in as many months to reveal layoffs as ... -
Bankruptcy filing prevents seizure of former 3M campus in Austin
3M’s former corporate campus in northwest Austin avoided foreclosure. The entity that owns the property — and is controlled by Austin real estate investor Nate Paul ... -
Plano’s $1 billion campus at Legacy West development is up for grabs
One of Plano’s largest mixed-use development projects has hit the market. Just weeks after taking possession of the property, Beal Bank put the $1 billion campus ... -
Eufy’s dual-camera baby monitor kit is cheaper than ever on Amazon
A reliable and clear baby monitor is a must-have for every home with young children. Parents depend on having a view of their children while they ... -
Homebuyers in Belfast need £34,134 in wages with a 95% mortgage according to new research
To buy a house in Belfast alone you need to earn £34,134 a year on a 95% mortgage, according to new research. But as the average ... -
Princess Kay and the Butter Sculpting will continue in 2020
ST. PAUL — Minnesota’s 67th Princess Kay of the Milky Way will be crowned Aug. 12 at a private banquet for the 10 nominees and their ... -
Italian state lender calls for truce between Telecom Italia Vivendi and Elliott investors: sources
MILAN/ROME (Reuters) – The Italian state lender is seeking to broker a truce between the two warring Telecom Italia (TIM) investors, France’s Vivendi and U.S. activist ... -
| Northern New Mexico National Forests to Lift Phase 2 Fire Restrictions
July 27, 2020 by SFNFPIO SANTA FE, New Mexico – July 27, 2020 – With the onset of summer monsoons and lessening fire danger, Carson, Cibola ... -
Global regulators consider ‘actions’ to ease banks’ capital burden
LONDON (Reuters) – Regulators will discuss next month how to ease pressure on global banks to hold unnecessarily high levels of capital in all countries where ... -
SBI Gold Loan – Thinking of getting a loan against gold? Here is your option with ZERO processing fees
SBI Gold Loan: If you are looking for a fast gold loan with no processing fees, here is your option. State Bank of India (SBI) is ... -
Guilt not an issue in sentencing of 2 former Jacksonville City Council members
Despite verdicts that former Jacksonville City Council members Katrina Brown and Reggie Brown committed fraud, on the first day of their sentencing hearing returns again and ... -
Co-Operative Bank CEO Andrew Bester resigns, succession search begins
LONDON (Reuters) – Andrew Bester, chief executive of the Co-Operative Bank 42TE.Lis stepping down after just over two years at the helm, the British lender announced ... -
PRESS DIGEST-British Business – March 22
March 22 (Reuters) – Here are the top stories from the business pages of British newspapers. Reuters has not verified these stories and does not guarantee ... -
Need to put ‘brilliant’ KL Rahul under pressure, says MI Bond coach
Mumbai Indians bowling coach Shane Bond has made it clear that his team should keep Kings XI Punjab skipper KL Rahul under control when ... -
Are short sellers right about Inovio?
Inovio Pharmaceuticals (INO 3.16% ) started the race for the coronavirus vaccine on the right foot. Investors cheered last spring when the company became one of ... -
Why I sold Wells Fargo
Several months ago, I sold my investment in Wells Fargo & Co. (WFC, Financial). I briefly covered this sale in a previous thread, but thought it ... -
APR vs interest rate | Greenwich Sentinel
By: Cheryl MacCluskey Autumn is upon us, stepping out in the morning you are struck by cool weather with the aroma of autumn in the air, ... -
National Bagelfest Day: Celebrate at these Gainesville venues
A crunchy bagel with a creamy or buttery topping alongside morning coffee is a great way to start the day. On July 26, celebrate National Bagelfest ... -
From the editor-in-chief – Editor’s note
India’s recent economic history has shown that major reforms come only in desperate times. They are not motivated by ideological convictions but by economic necessities. In ... -
Marriott replaces Renaissance brand in downtown DC, Reston Hotels
The Renaissance Washington, DC Downtown Hotel at 999 Ninth St. NW. Two DC-area hotels, one existing and one under construction, revealed changes to their flags on ... -
Background noise in the brain could be the key to age-old mysteries
Scientists are studying signals hidden in the brain’s electrical chatter to unlock new insights into aging, sleep and other age-old mysteries that have baffled researchers for ... -
U.S. lenders get small business relief and accounting help amid pandemic
By Pete Schroeder and Michelle Price WASHINGTON, Dec 22 (Reuters) – The long-awaited $900 billion pandemic relief package will help banks by boosting borrower finances and ... -
Man beat woman with liquor bottle after she refused to have sex with him, police say | Latest titles
CROWN POINT – A West Peoria man was recently extradited from Illinois to Lake County to face charges alleging he beat a woman with a bottle ... -
Is this the last hurray for pure P2P lending?
On August 3, Metro Bank announced its intention to acquire RateSetter, one of Britain’s largest peer-to-peer lenders, for an initial sum of £2.5m. It could be ... -
Boots to help victims of domestic violence | Retail business
Victims of domestic abuse will be able to access safe spaces at Boots pharmacies across the country from Friday as part of measures to improve access ... -
Manchester Arena bombing inquiry to examine emergency services response
A public inquiry into the Manchester Arena bombing will examine whether other lives could have been saved had it not been for a two-hour delay by ... -
Sponsor Spotlight: Get ready for boating season at the Seattle Boat Show
The Seattle Boat Show sails to town from January 24 to February 1, 2020, with more than 1,000 boats and yachts at two locations, plus three ... -
Blue Ashva takes majority stake in non-bank lender SSA Finserv
SSA Finserv Pvt Ltd, a non-bank financial company that focuses on micro, small and medium-sized enterprises (MSMEs), has raised $3 million (almost Rs 22 crore) in ... -
Bank revived during financial crisis takes further hits from coronavirus and oil
European banks largely avoided heavy customer losses in the first quarter despite massive swings in oil prices and the regional coronavirus outbreak. This was not the ... -
Global Cord Blood Corporation to Release Third Quarter and First Nine Months of Fiscal 2021 Financial Results
Earnings call scheduled for 8:00 a.m. ET on February 25, 2021 HONG KONG, February 19, 2021 /PRNewswire/ — Global Cord Blood Corporation (NYSE: CO) (the “Company”), ... -
Blocking of the repayment of loans to future shareholders under the Austrian Share Substitution Act
With its first civil law decision on the inclusion of future shareholders under the provisions of the EKEG (Eigenkapitalersatz-Gesetz, Austrian Equity Substitution Act), the Supreme Court ... -
FTC set to block CoStar’s acquisition of RentPath
the Federal Trade Commission authorized a lawsuit in federal court to stop the real estate data giant CoStar Group of the acquisition of RentPath Holdings. The ... -
How a Sioux Falls investment firm is helping other businesses grow
Founded in 2003, McGowan Capital Group is a local company dedicated to impacting growing businesses in eastern South Dakota. They achieve this through careful risk analysis ... -
(EXPC), ADVANCED CELL TECH (ACTC) – 2 new offers, Bridgetown Rumor and Biden Picks: SPACs Attack starting December 15
Below is a recap of the SPACs Attack show from Tuesday, December 15. The live show features coverage on SPACs from Benzinga’s Chris Katje and Mitch ... -
Pueblo Latino Chamber director Steven Trujillo honored
As President/CEO of the Pueblo Latino Chamber of Commerce and the driving force behind the Pueblo Business Economic Recovery Team, Steven Trujillo is a tireless advocate ... -
The Great Recession was ‘the making of Zopa’, says founder
The 2008 financial crisis was the creation of Zopa, claimed the co-founder of the peer-to-peer lender, Giles Andrews. Andrews (pictured) helped launch Zopa in 2004 and ... -
The lender who added millions to accounting records forbids
Liam Francis Wainwright (58), from Leeds, was a director of Rawdon Asset Finance Limited. The company was incorporated in 2009 and provided financing to small and ... -
Whip-poor-will – Night Owl Side of the Woods
Release date: Week of September 25, 2020 flux/download this segment as an MP3 file Henry David Thoreau called the Whip-poor-will “a bird. . . on the ... -
ImmuCell announces the restructuring of its bank debt
PORTLAND, Maine, Dec. 15 2020 (GLOBE NEWSWIRE) — ImmuCell Corporation (Nasdaq: ICCC) (“ImmuCell” or the “Company”), a growing animal health company that develops, manufactures and markets ... -
White Oak Commercial Finance strengthens its ABL & Lender Finance team with three senior hires at BDO
NEW YORK–(BUSINESS WIRE)–White Oak Commercial Finance (“White Oak”) is pleased to announce the addition of three Senior Business Development Officers to its ABL and Lender Finance ... -
Chicago’s cycling infrastructure is growing. Learn how to integrate it into your business
With its checkerboard layout and flat roads, Chicago has long attracted cyclists, but new investments are helping to expand its two-wheeled assets. The city has seen ... -
These banks will be closed for 4 days from today – check other public holidays in March including due to Holi
Bank Holiday March 2021: There is important news for those planning to visit banks for their day-to-day financial needs. Banks will be closed for four days, ... -
Loss of investment bank marks Thiam’s final act at Credit Suisse
Through Brenna Hughes Neghaiwi ZURICH (Reuters) – Credit Suisse posted its highest annual profit in nearly a decade on Thursday, but earnings volatility at its investment ... -
Project preview: apartments rise from the ashes of the Northside scrapyard fire
An aerial view of the construction site next to Interstate 64-95. (Michael Schwartz) Work on the site began this spring and remained active through the past ... -
Oregon agency launches mortgage relief program for homeowners impacted by COVID-19
SALEM, Ore. (KTVZ) — The Oregon Homeownership Stabilization Initiative announced Thursday that it has launched a mortgage relief program to help homeowners at risk of losing ... -
SC drops contempt case against DVI, but says it cannot invoke force majeure clause
The Supreme Court also denied DVI’s request for rectification, calling it “an attempt to reverse the resolution plan it submitted and waive its obligations.” This is ... -
P2P lending platforms can put downward pressure on interest rates
Now that the RBI has given P2P platforms NBFC status and also issued guidelines for the industry, what is the way forward? RBI started discussions about ... -
The number of active property transfer companies has fallen by more than 1,000 in the past decade
The number of active transport companies in England and Wales has fallen by 1,028 since 2011, according to Search Acumen’s latest Conveyancing Market Tracker. The number ... -
Non-bank lenders on their liquidity strategies, why no one uses the PTAP
When it comes to liquidity for private independent mortgage banks, cash management is the most important metric to watch, a panel said at the Mortgage Bankers ... -
More national restaurant brands plan permanent change in diners behavior
Courtesy of KFC A KFC that only serves customers through its drive-thru in Newcastle, New South Wales, Australia. Although the news of a coronavirus vaccine at ... -
Dewey Beer Co. chooses location for expansion
A proposed microbrewery in Harbeson would be the solution to Dewey Beer Company’s beer needs not only to supply its restaurant on Route 1 in Dewey ... -
Funding arranged to develop a class A seniors housing community
JLL Capital Markets arranged the funding for Lodge at Piner Road, a 92-unit seniors housing project located in Santa Rosa, California. JLL Capital Markets announced that ... -
OnDeck, RateSetter and Kabbage were the biggest acquisitions of alternative lenders in 2020
2020 has been a tough year for fintechs globally, with alternative lenders struggling to operate, borrowers becoming riskier, and retail investors wary of lending money. The ... -
Onexim could cede control of the Coliseum lease to its lender | Herald Community Newspapers
Onexim Sports and Entertainment, the company that operates the Nassau Coliseum through its subsidiary Nassau Events Center, could cede control of the arena and development of ... -
JPMorgan Chase: JPMorgan Q2 results: US lender beats estimates on trade increase, but loan losses loom
JPMorgan Chase & Co beat Wall Street estimates for second quarter profit due to surge in trading revenue, while setting aside record $ 10.5 billion to ... -
Wisr consolidates media and creation with Speed and Bear Meets Eagle on Fire
Neo-lender Wisr consolidated his creative and media accounts with Bear Meets Eagle on Fire and Speed, respectively. Appointments are effective immediately and come after a thorough ... -
James ‘Jim’ Hillberry | Powell Grandstand
Jim hillberry James “Jim” Hillberry, 83, died on July 21 in an accident while working at the ranch he loved. He was born on June 26, ... -
Judge approves sale of condos in Costa Hollywood Beach
777 North Ocean Drive, Hollywood (Credit: Google Maps) The troubled Costa Hollywood Beach Resorts lender acquired the property’s unsold condos, averting a bankruptcy auction. A federal ... -
Renewable energy roundup: big banks line up to finance big batteries
This does not include behind the meter storage in homes and businesses, or the use of electric vehicles for electricity storage. But they also add up. ... -
Demand for battery metals will increase by 500% by 2050
A lot of critical minerals used to make batteries for electric vehicles are found in developing countries. The World Bank‘s objective is to help these countries ... -
Thyssenkrupp Downsizing from head office to drums
Courtesy of Brasfield & Gorrie Construction of the Three Ballpark Center, the future home of Thyssenkrupp Elevator, continues. Thyssenkrupp elevator Americas is downsizing its head office ... -
Men’s basketball preview: Confident Burrell’s improvement imminent
Through: Michael Love Tuesday, November 24, 2020 | 6:07 p.m. Louis Raggiunti | For the Tribune-Revue Burrell’s Brandon Coury (44) and Shady Side Academy’s Ethan Salvia ... -
Bank of Baroda cuts rate on pension indexed loans by 15 basis points
The lender has further stated that it will not charge any processing fees on home loans until December 31, 2020. managed by the state Baroda Bank ... -
Baseball Hall of Fame Knuckleballer Phil Niekro dies at 81
ATLANTA – Phil Niekro threw a pitch that confused hitters and receivers. Heck, he didn’t even know where this was going most of the time. But ... -
Why Atlanta may face growing pains in startups
Atlanta has emerged as a hub for budding startups with a roster of newly created unicorns and growing interest in venture capital in recent years. The ... -
YES Bank stock falls below FPO price, down for 7th consecutive session
YES Bank’s share price fell below its follow-up public offering price of Rs 12 on Tuesday, falling for the seventh consecutive session. The stock hit its ... -
Lakshmi Vilas Bank share closes up 10% after lender draws closer to Clix Group merger
Lakshmi Vilas Bank shares gained 10% in Wednesday’s trade after it said mutual due diligence for Clix Group’s merger with the lender was completed. Lakshmi Vilas ... -
German cities facing Greensill Bank losses regroup
The Greensill Bank logo is pictured in downtown Bremen, Germany on March 10, 2021. REUTERS / Fabian Bimmer / File Photo Register now for FREE and ... -
This German-style cake will make good use of apples
Kuchen means “cake” in German, but that doesn’t really allude to its rich and addicting flavor. As if by magic, this cake creates its own beautiful ... -
IMF forecasts for global economy go from bad to worse | Business and economy
The IMF sees the global economy shrink 4.9% this year, warns of the disconnection between Wall Street and Main Street. The outlook for the global economy ... -
Low awareness of remortgaging as a quarter of borrowers on SVR
More than a quarter of mortgage holders use their lender’s standard variable rate (SVR), according to a Habito study. A November survey of 2,000 mortgage holders ... -
Wolters Kluwer Lien Solutions Wins Seven New Awards, Announcing Record Number of Industry Accolades in 2020
HOUSTON – (COMMERCIAL THREAD) –Wolters Kluwer Lien Solutions received two Golden Bridge Awards, two Business Intelligence Group (BIG) Awards and three Best in Biz North America ... -
Suzanne Konstance of Wolters Kluwer honored with the 2020 Stevie Award for Women in Business
HOUSTON – (COMMERCIAL THREAD) –Suzanne Constance, vice president of product management and marketing for The Lien Solutions activity of Wolters Kluwer, was selected as the winner ... -
Mortgage lender promises 322 new jobs for Cary; the average salary is $ 64,000
RALEIGH – Hundreds of new jobs paying over $ 64,000 are coming to Cary. In a deal announced on Tuesday, PennyMac Financial Services said it chose ... -
MA AG Healey takes on national subprime auto lender in lawsuit
BOSTON, MA – Massachusetts Attorney General Maura Healey has filed a lawsuit against the national auto lender Credit Acceptance Corporation. The company is accused of misleading ... -
Amigo Loans shares dip as Financial Conduct Authority expands investigation into troubled company
Since last May, the FCA has been investigating how the high-interest lender assessed the creditworthiness of its clients amid concerns it was irresponsibly lending to people. ... -
Comscore, Hive Analyze Marketers’ Game Plans To Connect With Their Audiences In Super Bowl LV
The next day’s research drew on metadata created using Hive’s proprietary computer vision models and Hive’s consensus-driven data labeling platform, which is powered by a Distributed ... -
Mortech adds new integrations to expand market opportunities for lenders – NMP
Mortech, a Zillow Group company specializing in technology solutions for mortgage professionals, added new mortgage market partners to provide lenders with additional market opportunities to advertise ... -
Corporate bond spreads, central bank transparency, etc.
Studies in this week Gathering of Hutchins find that the policy response to peaks in credit spreads at the onset of the pandemic has contained the ... -
Real Estate and Bankruptcy Lawyer Steven Smith Joins Dorsey
International law firm Dorsey & Whitney LLP announced that real estate and bankruptcy lawyer Steven Smith has joined the firm as a partner in his Dallas ... -
Deutsche Bank board member Alexander Schütz sells stake in German lender
Alexander Schütz, a member of the Deutsche Bank supervisory board, sold his shares in Germany’s largest bank, ending an investment that was first held by Chinese ... -
Qamar Group: City Team – Chicago Agent Magazine
Emma Lacosse, broker Jessica Stetz, broker Ashley Rashid, broker Steve Davis, Senior Broker Rafay Qamar, Senior Broker and Team Leader The Qamar Group applies the motto ... -
Riley names team captains for 2020 cross country season
History links DURHAM, NC – Duke Interim Cross Country Head Coach Rhonda riley announced that the elderly Leigha Torino and Helene williams will serve as team ... -
HSBC closed main office in Hong Kong after COVID-19 outbreak in gymnasium
HSBC temporarily closed its principal Hong Kong office after three workers tested positive for COVID-19[female[feminine. There has been a wave of infections in the city following ... -
Summary of Star Business Stories March 15-21
Company News Berjaya Corp appoints Jalil Rasheed as new CEO of the group Berjaya Corp Bhd (BCorp) has appointed Abdul Jalil Abdul Rasheed, the former boss ... -
Third Federal gives associates extra boost this holiday season
CLEVELAND – (COMMERCIAL THREAD) – Third Federal (NASDAQ: TFSL) is not waiting for a second government stimulus this year to help its associates. At the company’s ... -
Black Knight’s AI virtual assistant helps lenders become more efficient
We’ve heard a lot about artificial intelligence (AI) and its massive impact on healthcare, financial services, transportation, retail, energy, and many other industries. The promises and ... -
New Merchandise “The Late Show with Stephen Colbert” to Support Accion Opportunity Fund’s Small Business Fund
SAN JOSE, California, March 17, 2021 / PRNewswire / – Stephen Colbert, host of The Late Show with Stephane Colbert, ‘ announcement on last friday’s episode, ... -
court stops banning the lender from collecting rents from the landlord | Shutts & Bowen LLP
It is common for a business loan to include an “assignment of rent,” whereby the borrower assigns the rents they get from the property securing the ...