Mortgage Blog
Biggest Buffalo public companies continue to grow
The largest of Buffalo's public companies saw continued revenue and income growth in the last fiscal year.
Winner of charity lunch with billionaire Warren Buffett bid $3.3 million with proceeds going to the Glide Foundation
The winner of eBay’s annual auction for lunch with Warren Buffett picked up a tab of $3,300,100, which goes to the San Francisco-based Glide Foundation to help the city’s homeless and others in need.
The winning bidder wished to remain anonymous, Glide said.
Glide President and CEO Karen Hanrahan said that the strong bidding on the Buffett lunch comes at a good time. Glide is seeing rising demand for its services even as San Francisco is said to be enjoying the strongest economy since World…
IRC Wealth CEO: Retirement means it’s time to spend
Though it may seem counterintuitive, spending is an important part of retirement. That mindset is part of the discussion David Ragland and his team at IRC Wealth have with clients planning for retirement.
Warren Buffett’s charity lunch auction for S.F.’s Glide sells for $3.3 million
The winner of eBay’s annual auction for lunch with Warren Buffett picked up a tab of $3,300,100, which goes to the San Francisco-based Glide Foundation to help the city’s homeless and others in need.
The winning bidder wished to remain anonymous, Glide said
Glide President and CEO Karen Hanrahan said that the strong bidding on the Buffett lunch comes at a good time. Glide is seeing rising demand for its services even as San Francisco is said to be enjoying the strongest economy since World…
Here’s why banks are game to lend to retailers
Despite a challenging environment, retailers are accessing capital.
Nashville primed for more finance jobs than just AllianceBernstein, site selector says
The Princeton, N.J.-based economic development professional also warned that transit is not the biggest issue threatening the region's recruiting efforts.
These companies are raking it in. Here’s what’s driving the profit boom.
Corporate America's bottom line is booming on the back of a resurgent economy and the prospect that the good times are just getting started.
As of May 23, some 3,193 publicly traded U.S. companies had closed the books on 2018's first fiscal quarter, reporting combined net income of $358.3 billion during the three-month span. The total marked a 26 percent year-over-year surge over the group's tally over the same quarter in 2017 and a whopping 63 percent increase over what was reported in 2016's corresponding…
New guidelines allow banks to offer short-term, small-dollar loans
Banks can now compete with payday lenders by offering short-term, small-dollar loans.
Former Globalscape sales executive pleads guilty to wire fraud
A former sales executive at San Antonio-based Globalscape Inc. pleaded guilty to wire fraud in federal court this week as one of the individuals involved in creating so-called “side agreements” with customers to boost sales revenue to investors, court records show.
Dan Burke was vice president of global sales at Globalscape (NYSE: GSB) from May 2016 to October 2017. Burke had been promoted to that role from enterprise sales manager and had worked for the company since 2013. Burke was a top sales…
Big banks say their legal costs are tumbling, and that bodes well for companies in Pittsburgh
The nation’s largest banks — and public companies, for that matter — are preparing for a timeout from the courtroom following years of being pummeled by shareholder and investor lawsuits in the wake of the Great Recession.
At the end of 2017, the country’s largest banks collectively decreased their estimates for future legal costs to their lowest levels since 2012, and legal experts predict the move is a harbinger of what’s to come for Corporate America in an era of strong job growth and…