Mortgage Blog

The big picture coming from Wall Street looks great.

As of May 23, some 3,193 publicly traded U.S. companies had closed the books on 2018's first 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 period, according to a Business Journals analysis.

More than half of those companies…

Talks about an investment involving two huge companies with big operations in the Kansas City area have broken down.

SoftBank Group Corp., the majority owner of Sprint Corp., has ended talks aimed at buying a minority stake in insurer Swiss Re AG, FSMNews reports. The reinsurance giant has about 400 jobs in the Kansas City area.

SoftBank had sought to buy a minority stake in Swiss Re in a bid to provide the insurer more capital and SoftBank a diversified revenue stream. Talks cooled, however, over…

The venture capital arm of Rokk3r Labs has partnered with a Montreal-based accelerator in a deal that will give the Miami-based fund direct access to one of Canada's booming technology hubs.

Rokk3r Fuel Exo recently teamed up with the Holt Fintech Accelerator Program, which is currently in a global search for its next class of 400 startup entrepreneurs.

“We are really leaning into the [financial technology] vertical,” said Jeff Ransdell, managing director of Rokk3r Fuel Exo. “We're going to have…

Tacoma-based Columbia Bank CEO Hadley Robbins relies on grit and culture in age of banking consolidation.

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…

A report from the Investment and Wealth Institute shows that women and Millennials tend to consider the social impact of investing more often than other groups do. Investment strategist Jackie VanderBrug shares her thoughts on these trends.

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…

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…

It was the most exhaustive site search many local officials had ever seen. When it was over, Nashville seized a deal that cities originally on AllianceBernstein's list — such as Charlotte, a stronghold of the South's banking industry — had vied for. We go behind the deal.

It was a wild affair, but the Washington Capitals fell short in game 1 of the Stanley Cup Final, losing to the Las Vegas Knights 6-4.

The pregame show was … interesting? ESPN notes the refs “largely swallowed their whistles” and this was only one game of seven, so the team moves on and so do its fans.

And that’s your sports report from the Washington Business Journal.

While thousands of fans watched the game on the big screen at Capital One Arena, McLean-based Capital One Financial Corp.…