Mortgage Blog
Tampa Bay banks report early signs of credit stress
Credit quality is expected to deteriorate further as higher interest rates mute economic growth while keeping debt service costs for businesses elevated, local bankers say.
Cash-strapped Sunlight Financial warns of precarious footing with no buyer in sight for solar loans
Sunlight Financial is raising the alarm about its ability to continue operating as rising interest rates and its inability to generate cash further complicate its already perilous position.
SEC sues Boca Raton business executives for millions in alleged stock fraud
Regulators are seeking an asset freeze, restraining order and preliminary injunction followed by a permanent injunction to cease all business activity.
Piedmont Business Capital names new executive director
Michael McKinney, former executive director of the Piedmont Triad Apartment Association, began leading Piedmont Business Capital on Aug. 1.
Advance Auto Parts to reveal earnings amid stock slump, headwinds
The Raleigh-based company is feeling pressure as its second quarter earnings release approaches.
Rochester Regional Health prepares to open $44.5 million Batavia Medical Campus
A new $44.5 million medical campus is designed as a one-stop shop minutes from I-90.
Power 10: Here’s the health care leaders you should know
There is no shortage of exceptional health care professionals in metro Atlanta. Here are 10 doing innovative, newsworthy and unique things that business leaders should know about.
Central Bank hires commercial lending lead for Louisville market
The veteran banker comes from Fifth Third Bank in Louisville.
Wells Fargo places new leader in Raleigh – with local roots
A North Carolina native is returning to the Triangle to lead local operations for Wells Fargo.
Johnson & Johnson to retain nearly 10% ownership stake in consumer products spinoff Kenvue
Johnson & Johnson said Monday it expects to retain a 9.5% ownership stake in its consumer products spinoff Kenvue, which has a major presence in Montgomery County.
Kenvue (NYSE: KVUE) — whose products include Band-Aids, Listerine and Tylenol — went public in May through a $3.8 billion initial public stock offering. The company's operations include a manufacturing plant in Fort Washington where Tylenol and other over-the-counter medicines are made.
As part of the spinoff deal, Johnson & Johnson…