Form D Friday: ‘Merit-based’ student loan lender in Frisco gets seed funding
A Frisco startup that looks at a student's academics as well as their credit history to make more loans available for their education gets a round of seed funding; another startup aiming to become the “Uber of manufacturing” has raised $1.7 million; and TPG raises the equity for its Exactech deal.
Bitcoin review: Starbucks and the U.N. like blockchain, SEC peeved over ICOs
Bitcoin prices dipped after news broke that the U.S. Securities and Exchange Commission issued “scores of subpoenas” to cryptocurrency-related tech companies — namely those taking part in initial coin offerings (ICO).
The bitcoin token traded at $10,811 each, down 3 percent from $11,165 just 12 hours earlier.
Unlike public stock offerings, ICOs are not heavily regulated. Still, many companies — including Siglo, which announced its “ICO” just last week — are using it as a fundraising tool.…
Four directors leaving Wells Fargo’s board
Wells Fargo said Thursday that four directors, including San Francisco Bay Area business leaders Dignity Health CEO Lloyd Dean and former Sybase CEO John Chen, will step down from the company’s board at this year’s annual meeting in April.
Also leaving the board will be Enrique Hernandez Jr., chairman and CEO of Inter-Con Security Systems (based in Pasadena, Calif.), and Federico Pena, former U.S. energy secretary and former transportation secretary. Pena was scheduled to retire from the board…
CEO of Roper Technologies makes a repeat appearance on the ‘most overpaid’ list
The top executive at Roper Technologies Inc. ranks No. 82 on a new list of the 100 “most overpaid” CEOs among the 500 companies in the S&P 500 Index.
It’s the third year that Brian Jellison, chairman, president and CEO of Roper (NYSE: ROP), a Sarasota software and engineered products firm, has shown up on the list, compiled by As You Sow, a nonprofit that tracks corporate responsibility.
Advocates of high CEO pay say it is a reward for high shareholder returns.
But the average annual total…
Former Birmingham News production building could get new life
The former Birmingham News printing facility could get new life as a self-storage facility – possibly with an office component.
Miami CRA to start negotiations with Swerdlow for $131M retail, housing project
The developer would purchase the land from the CRA.
Still no contractor for the Potomac Yard Metro, but a decision should be coming soon
A top Alexandria official expects Metro to award a contract before mid-year for the $268 million Potomac Yard Metro station, with the hope of opening the long-awaited facility within about four years.
“Proposals were accepted last year, and they are being worked through, and we would expect a contract award some time this spring,” Alexandria City Manager Mark Jinks said Friday, adding he believes the rail station will open to passengers by the end of 2021 or early 2022.
The Washington Metropolitan…
Cushman & Wakefield hires two new office brokers
Cushman & Wakefield has hired Tom Tracy and Katie Tufford to join its team of Minneapolis office brokers.
UC’s $120 million Lindner College of Business hits milestone: PHOTOS
The new $120 million Carl H. Lindner College of Business at the University of Cincinnati hit a major milestone this week.
The first phase of construction of the 225,000-square-foot building was completed March 1 as the final beam was set in place.
“The final beam ceremony represents a major milestone for our college as we collaboratively build the future of business education here in Cincinnati,” David Szymanski, dean of the Lindner College of Business, said in a news release.
The last piece…
Miami Beach apartments that sold for $14M could be redeveloped
The property could be turned into a hotel.