Mortgage Blog
Why a community-based credit union is a better banking choice for a small business
Let’s get the obvious out of the way: Starting and operating a small business is tough.
99.9% of U.S. businesses are made up of small businesses, according to the SBA, so it’s a daunting endeavor many can relate to.
The challenges an entrepreneur can face right off the bat are many, from financial constraints, market competition, access to talent, regulatory compliance and more. That’s before you even start considering the overall economic environment any business is facing right now,…
Mark Cuban to sell majority Dallas Mavericks stake, reports indicate
Mark Cuban, one of the most visible businesspeople in Dallas, is reportedly selling his majority stake in the Mavericks — but he seems likely to retain control of the team for now.
$50M UAB proton therapy center closing due to partner’s inability to make payments
Proton therapy is provided by the center, which uses highly sophisticated radiation technology for treating cancer.
Root Insurance’s former marketing chief pleads guilty to embezzling $10.2M
The executive, who worked at Root for one year, is accused of diverting funds from the company to buy four luxury homes, a $1.4 million dollar yacht, a nearly $165,000 Mercedes-Benz G550, an amphibious plane, and a $53,000 watch.
Bank of America to close nearly 150 branches nationwide this year
Bank of America Corp. plans to shutter more than 100 branches across the U.S. by the end of this year, including locations it already trimmed in the Carolinas.
TCO-tied Revo Health signs 33,000-s.f. lease for new Bloomington headquarters
The health care-focused company will move after renovating the space in the first quarter of 2024.
DataBank raises $533M to build more data centers
DataBank has been busy raising capital as the adoption of artificial intelligence increases demand for data center computing power. The company previously raised almost $1.6 billion in financing this year, following a $2.2 billion recapitalization in 2022.
BECU continues C-suite revamp with former USAA exec
BECU has named multiple new leaders to its top ranks since new CEO Beverly Anderson took over at the end of last year.
Hawaii ranked among top five states most impacted by shoplifting
According to the report, the majority — or 75% — of small business retailers reported monthly theft-related losses that averaged between $500 and $2,500.
PNC to close Near East Side branch in February
PNC starts 2024 with 19 branch cuts across eight states, including one on Columbus' Near East Side.