Monthly Archives: August 2022

Finding the Right Bank for Your Business: Northwestern Bank

Finding the Right Bank for Your Business: Northwestern Bank a conversation with Jerry Kuehl of Northwestern Bank on what to look for when choosing a bank for your business Thursday, August 11, 2022 Stick V1 Some members of the Northwestern Bank team, including Senior Vice President of Sales and Marketing Jerry Kuehl, right. So you’re starting your own business – ...

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Climate activists grapple with what comes after the climate bill

Comment this story Comment This is the time towards which climate activists were working. After years of protests and political struggles, Congress is set to pass its most important climate law ever: a record $369 billion that will be invested in clean energy projects, vehicle incentives electricity and a program to combat methane pollution. The legislation will position the largest ...

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Digital Assets as Collateral: Why Ashurst’s ISLA Legal Advice is Timely – Ledger Insights

Yesterday, the International Securities Lending Association (ISLA) announced that he was appointing Ashurst to perform a preliminary legal analysis of its Global Master Securities Lending Agreement (GMSLA) in the context of digital assets. Recent events, including the Celsius bankruptcy, have highlighted several legal gray areas regarding title to digital assets, particularly when pledged as collateral. Ashurst’s work will explore transfer ...

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Coupang officially launches its financing service, to offer loans to small businesses

Coupang, the leading e-commerce company in South Korea, officially opens its fundraising business. With this new unit, he will be able to offer loans to small businesses so they can pay for their purchases in easy installments. According to The Korea Herald, Coupang said in its filing with the Financial Supervisory Service on Monday that it would begin offering loans ...

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Bay Point Media Funds $20.0 Million Senior Loan to Athena Studios

ATLANTA–(BUSINESS WIRE)–Bay Point Media, LLC has provided a $20.0 million loan to Athena Studios to finance the construction of a new state-of-the-art studio development in Athens, Georgia. The 45-acre studio will include over 200,000 square feet of space specifically designed for film and television productions. The complex will initially include four sound stages, support buildings, production offices and a fully ...

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The Senate finally passed a landmark climate bill. Now what?

Comment this story Comment Welcome to The Climate 202 after the newsletter break last week! Today we have a special edition that takes an in-depth look at the landmark climate bill that has passed the Senate. We will return to our regular programming tomorrow. But first : ‘You can’t let the perfect be the enemy of the good’: Democrats cheer ...

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The Horniman will return Nigerian art, including some Beninese bronzes: NPR

The Horniman Museum’s collection of artifacts from the ancient Kingdom of Benin includes 12 brass plaques, ceremonial objects and a key “from the king’s palace”. Horniman Museums and Gardens hide caption toggle caption Horniman Museums and Gardens The Horniman Museum’s collection of artifacts from the ancient Kingdom of Benin includes 12 brass plaques, ceremonial objects and a key “from the ...

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SouthState Corporation – Consensus Indicates 14.8% Upside Potential

Southern State Corporation with ticker code (SSB) now have 7 total analysts covering the stock. The consensus rating is “Buy”. The range between the target price high and the target price low is between 100 and 85 calculating the average target price we see 93.43. Given that the stock’s previous close was at 81.37, this now indicates that there is ...

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5 Ways the Mint App Saves Me Money

Image source: Getty Images When it comes to personal finance, what’s better than organizing and saving in one place? Key points Mint is free for all users. Mint allows users to track all of their finances in one place. I’m not married to the Mint financial app, but I frequent it quite seriously. I don’t think it’s perfect, but it’s ...

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US$15.3 million loan secured for Indian Springs community project in Texas

Construction is now set to begin in a community in Indian Springs, Texas after developers secured a $15.3 million loan. Trez Capital provided Windy Hill Development with the financing to build its 583-home, four-phase community in Texas. According to Trez Vice President John Sullivan, the project is a welcome addition to the growing Harris County area. Especially since it will ...

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Senate Democrats say they can now pass the Cut Inflation Act

Comment this story Comment The Senate is now considering a climate, health and tax measure with $433 billion in new spending. Without Republican support, Democrats turned to a procedural process known as “reconciliation” — a budget tool that avoids a potential buccaneer. Reconciliation paved the way for Congressional action almost two dozen times since it was first used in 1980. ...

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SDNY Backs RICO Claims Against Revenue-Based Finance Companies | Hudson Cook, LLP

In the past two months, the U.S. District Court for the Southern District of New York has issued three adverse rulings against revenue-based financing providers. In each case, the court upheld federal claims under the federal Racketeer Influenced and Corrupt Organizations (“RICO”) Act against the finance companies or their officers. Each decision provides guidance on how to mitigate risk by ...

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Georgia Amends Residential Mortgage and Installment Loan Laws | Alston and bird

A&B Summary: On May 2, 2022, Georgia Governor Brian Kemp signed into law HB 891 and SB 470. HB 891, effective July 1, 2022, updates various laws enforced by the Georgia Department of Banking and Finance (the “Department”) ), including by amending (1) certain licensing exemptions under the Georgia Residential Mortgage Act (“GRMA”), and (2) the Georgia Installment Loans Act ...

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Chase app review: Everything you need to know

Calling all Chase users! If you have a bank account, credit card, loan, investment account, or anything else with Chase, this is the app for you. It’s packed with features to help you manage all your Chase accounts, redeem rewards, track expenses, pay bills, and more. It is one of the top rated finance apps for android and iOS users. ...

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Nigeria secures $1.5 billion US-backed loan for solar projects

Nigeria has secured a $1.5 billion loan facility from US-EXIM Bank to provide solar energy infrastructure in 10 different locations across the country. Managing Director of SUN Africa LLC, USA, Adam Cortese revealed this to State House correspondents after a meeting of a delegation from the company with the Chairman, Major General Muhammadu Buhari (Retired), at the Presidential Villa in ...

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The Data Protection and Digital Information Bill: Taking Back Control of Data Protection in the UK? | Orrick, Herrington & Sutcliffe LLP

The law project On July 18, 2022, the Data Protection and Digital Information Bill (the Bill) was introduced for debate in Parliament, in one of the UK’s first moves towards privacy reform. data after Brexit. The bill introduces a number of proposals put forward by the Department for Digital, Culture, Media and Sport in June this year, in response to ...

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BALLANTYNE STRONG, INC. Management’s Discussion and Analysis of Financial Condition and Results of Operations (Form 10-Q)

The following discussion and analysis should be read in conjunction with the condensed consolidated financial statements and notes thereto appearing elsewhere in this report. Management's discussion and analysis contains not only historical information, but also forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of ...

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Five ways to prepare college-going kids for financial success as they head to college

In many ways, high school graduates are mature young adults ready to live on their own and begin an exciting college career, but are they ready to manage their own finances? As this is the first time in their lives that they have to budget only their own money, there are things caregivers can do to set them up for ...

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NOLT Finance obtains an operating license from CBN

NOLT Finance, a disruptor in the social impact banking space, has obtained an operating license from the Central Bank of Nigeria to provide financial services in the Nigerian market. The license allows the fintech start-up to provide investment and lending services to SMEs, businesses and individuals across the country. Commenting on the accreditation by CBN, Babatunde Dada, CEO of NOLT ...

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Greens to vote for Labour’s ‘weak’ climate target: Bandt

Greens leader Adam Bandt has confirmed the small party will vote for what he says is Labour’s ‘weak’ 43% emissions reduction target. He says the target was not enough to help limit warming to 1.5 degrees and the Great Barrier Reef will die, taking 60,000 jobs with it. Bandt also says the Greens are “bitterly disappointed” that Labor has made ...

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Tesla’s battery deals highlight Chinese dominance

Tesla has signed new contracts with two of its current Chinese battery materials suppliers, Bloomberg reported on Sunday, highlighting how U.S. electric vehicle makers depend on China for critical minerals and materials. Zhejiang Huayou Cobalt Co. and CNGR Advanced Material Co. have renewed tariff agreements to provide Tesla with supplies of ternary precursors, chemical concoctions essential to lithium-ion batteries to ...

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Comerica Incorporated – Consensus indicates 19.7% upside potential

Comerica Incorporated with ticker code (CMA) now have 20 total analysts covering the stock. The consensus rating is “Buy”. The target price ranges between 117 and 77 and has an average objective at 93.11. Now, with the previous closing price of 77.77, this indicates that there is 19.7% upside potential. The 50-day moving average is 76.85 while the 200-day moving ...

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Barbara Corcoran thinks first-time home buyers should “get in on the fun”. here’s how

Image source: Getty Images To say that today’s housing market is tough would be an understatement. Today’s homebuyers are grappling not only with limited inventory and exorbitant prices, but also with rising mortgage rates. And now that the Federal Reserve has dramatically raised interest rates for the second month in a row, borrowing for a home could get even more ...

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Spenda (ASX:SPX) Secures $50M Credit Facility As Cash Inflows Rise – The Market Herald

Subscribe Be the first with news that moves the market IT services and lending company Spenda (SPX) reports $693,000 in cash inflows for the June quarter, marking a 10% increase from the prior quarter Brings FY22 cash revenue to $2.3 million, representing 107% year-over-year growth The company’s loan portfolio remained stable with a balance of $12.1 million as of June ...

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