Lending Agreement

Altisource Asset Management Corporation announces its departure

CHRISTIANSTED, U.S. Virgin Islands, May 19, 2022 (GLOBE NEWSWIRE) — Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) today confirmed that Thomas K. McCarthy’s tenure as as Interim Chief Executive Officer expires on May 31, 2022 in accordance with the terms of his employment contract. The Company will pay Mr. McCarthy a bonus of $250,000 in recognition ...

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DFCU Financial merges with First Citrus Bank in Tampa, Florida – Press and Guide

Recently, the boards of DFCU Financial and First Citrus Bancorporation, Inc reached an agreement for DFCU to acquire FCB, in an all-cash transaction. Called a “definitive agreement,” the deal will see FCB shareholders receive $47.75 in cash for each share held. DFCU will also cash out outstanding options at FCB at the difference between the exercise price and the cash ...

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Development bank pays N1.6 billion to LivingTrust MfB

The Development Bank of Nigeria has approved the disbursement of N1.6 billion to LivingTrust Mortgage Bank Plc for on-lending to micro, small and medium entrepreneurs. In a letter from DBN to the management of the mortgage bank, dated April 27, 2022, DBN said that it had, in March last year, disbursed the first installment of the fund to the bank. ...

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Many Triangle owners are now “stock rich”; here’s how to cash out

RALEIGH- Raleigh’s real estate market value continues to rise, as do median home sales prices. As potential buyers struggle to navigate a competitive market, rising prices and rising mortgage interest rates, more than 56% of Triangle area homeowners are now considered “stock rich,” according to a new report from ATTOM Data Solutions. This represents an increase of approximately 95,000 homeowners ...

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Chicago Atlantic Real Estate Finance expands its portfolio

CHICAGO, May 12, 2022 (GLOBE NEWSWIRE) — Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic” or the “Company”), a commercial real estate finance company, today announced that Chicago Atlantic Lincoln, LLC (“Chicago Atlantic Lincoln”), its wholly-owned financing subsidiary, has entered into an Amended and Restated Loan and Security Agreement by and between Chicago Atlantic Lincoln and two FDIC-insured ...

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How to collect debts from your loved ones

Your brother asked you to cover his rent for a few months while he was between jobs. Or maybe you loaned a friend a few hundred dollars for a car repair he couldn’t afford. You would do anything to help those you love. And you did. But what if they don’t refund you? Consider these options. Bring up the subject ...

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NEWMARK GROUP, INC. MANAGEMENT REPORT AND ANALYSIS OF FINANCIAL POSITION AND OPERATING RESULTS (Form 10-Q)

The following discussion of Newmark's financial condition and results of operations should be read together with Newmark's accompanying unaudited condensed consolidated financial statements and related notes, as well as the caution "Special Note Regarding Forward-Looking Information" relating to forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E ...

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On the injustice of canceling student loans [opinion] | Local voices

“You want to borrow, you have to pay the man.” Rocky Balboa was right, even in “Rocky”. Rocky didn’t break Bob’s thumb like Mr. Gazzo told him. Bob was behind on his payments and Gazzo didn’t like that. “I guess if I break the guy’s thumb he’s fired and he can’t make the payments.” “Let me figure it out, Rock! ...

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NAB raises dividend after online profit, warns of costs

The National Australia Bank logo is displayed in central Sydney, Australia August 4, 2017. REUTERS/David Gray Join now for FREE unlimited access to Reuters.com Register H1 cash profit increased by 4.1% AUSTRAC regulations will cost A$80-120m/year RBA rate hikes will be moderately positive for H2 margins May 5 (Reuters) – National Australia Bank (NAB.AX) on Thursday met first-half cash profit ...

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Regulatory Announcement Xtrackers UK: Important Notice to Xtrackers Shareholders MSCI Pacific ex Japan UCITS ETF 1C

LONDON–(BUSINESS WIRE)– Xtrackers SICAV (SICAV) Registered office: 49, avenue JF Kennedy, L-1855 Luxembourg, RCS Luxembourg B-119.899 (there “Company”) Important Notice to Shareholders of Xtrackers MSCI Pacific ex Japan UCITS ETF 1C (ISIN Code: LU0322252338) (the compartment “) April 29, 2022 The Board of Directors of the Company (the “board of directors“) hereby informs the shareholders of the Sub-Fund (the “Shareholders“) ...

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Every Business Should Assess Its Nature Risks – BRINK – Conversations and Insights on Global Business

Workers clean up an oil spill. Potential ecosystem collapse threatens to cause a $2.7 trillion annual decline in global GDP by 2030. Photo: Pixnio More than half of the world’s GDP depends on nature. The potential collapse of ecosystem services such as pollination and water-based foods threatens to cause a $2.7 trillion annual decline in global GDP by 2030. Unsurprisingly, ...

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Japan steps up lending to Africa amid falling Chinese contributions

Residence ” INDIANARRATIVE » Japan steps up lending to Africa amid falling Chinese contributions By Mahua Venkatesh New Delhi, April 25: Japan is slowly increasing its lending to Africa amid reduced aid from China, even as the latter remains the largest bilateral lender to African countries. Amid the economic downturn and rising debt levels, the world’s second-largest economy has tightened ...

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Future Enterprises defaults on ₹2,911.51 Cr loan repayment to lenders

Mumbai-based Future Enterprises defaulted on loans amounting to ₹2,911.51 crores to consortium banks and lenders. According to the regulatory filing, Future Enterprises was required to pay ₹Loans of 2,911.51 crores to various banking syndicates and lenders between March 23, 2022 and March 31, 2022. The company was unable to repay the mentioned loan amount within the 30-day review period. Future ...

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THERAPEUTICS®, INC. : Completion of acquisition or disposal of assets, triggering events that accelerate or increase a direct financial obligation or an obligation under an off-balance sheet arrangement, financial statements and exhibits (Form 8-K)

Item 2.01 Completion of Acquisition or Disposal of Assets. On April 14, 2022, TherapeuticsMD, Inc.a Nevada corporation (the “Company”), has completed the sale of all of the issued and outstanding share capital (the “Transfer”) of vitaCare Prescription Services, Inc.a Florida corporation and formerly a wholly owned subsidiary of the Company (“vitaCare”), GoodRx, Inc. (“GoodRx”), a Delaware corporation and wholly-owned subsidiary ...

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42 states still allow pet rentals, which means your pet can be repossessed

Pet leasing occurs when a buyer agrees to a payment plan and the seller retains ownership until all payments are made. A company just settled a charge of illegally renting pets this week and had to return hundreds of dogs. Many people are unaware that their pets are rented out and may be taken away if households cannot pay their ...

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NMB Financial Corporation/New Millennium Bank Announces Proposed Acquisition of Noah Bank and Potential U.S. Treasury ECIP Investment in NMB Financial Corporation

FORT LEE, NJ–(BUSINESS WIRE)–NMB Financial Corporation (“NMB” or “Company”) (OTC Pink: NMBF), bank holding company and parent company of New Millennium Bank (“Bank”), announced that a letter of intent has been sent to the Board of Directors Directors of Noah Bank, Elkins Park, Pennsylvania (“Noah”) in connection with a cash acquisition of Noah. The letter of intent provides for the ...

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Lending to Saudi MSME sector expected to grow in 2022

RIYADH: The CEO of NMC Healthcare, Michael Davis, deals with patients’ pain all the time. And now he feels the pain himself in many ways. The largest private healthcare provider in the United Arab Emirates is making a series of painful choices to restructure the business starting with its exit from Saudi Arabia. “Leaving Saudi Arabia was a very difficult ...

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Changes to FIRB Rules Regarding Money Lending Agreements and Unlisted Land Entities

The federal government continues to refine and refine Australia’s foreign investment review rules, amending Foreign Acquisitions and Takeovers Regulations 2015 (Cth) (Regulation) now in force (since April 1, 2022). These amendments aim to clarify certain aspects of the foreign investment framework and to streamline the treatment of less sensitive types of investment. In this article, we describe the main changes ...

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Inside Housing – News – EWS1 crisis: Banks agree to lend on some properties for which a sanitation plan is agreed

Some of the nation’s biggest banks could start lending on properties covered in hazardous materials as long as a fully funded remediation plan is in place, leading industry trade bodies have revealed. Photo: Hrian Perera dividing lines Some of the country’s biggest banks have agreed to lend on properties covered in hazardous materials as long as a fully funded remediation ...

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Ukraine Crisis Could Prevent Banks From Ditching Fossil Fuels – Quartz

Over 100 of the world’s largest banks said that they will stop financing sources of greenhouse gas emissions by 2050. Yet most continue to lend billions of dollars a year to fossil fuel companies. In total, the world’s 60 largest fossil fuel bankers have lent $4.6 trillion to the industry since the signing of the 2015 Paris Agreement, according to ...

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Telecom Egypt: Cooperates with EIB to Secure €150 Million Investment to Expand Mobile Broadband Network

Telecom Egypt has signed an agreement with the European Investment Bank (EIB) – the lending arm of the European Union – to secure a medium-term loan of €150 million to expand Telecom’s 4G broadband network Egypt. The new development facility will be used to help Telecom Egypt improve its mobile network coverage by deploying around 2,000 new mobile sites and ...

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Everything you need to know to get a home loan

Aspiring homeowners who have put off buying a home due to high interest rates and low affordability of home loans can finally set their sights on buying their dream home. Current market rates are such that anyone in the market for a home loan can benefit from low interest rates and competitive loan terms. Market leading lenders are offering interest ...

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The creditor’s line belonged to the Bankruptcy Court, 3rd Circ. Said

By Jeannie O’Sullivan (March 23, 2022, 4:10 p.m. EDT) — A Mitsubishi finance arm on Wednesday urged the Third Circuit to overturn a $1.5 million judgment awarded to a finance company co-creditor in bankruptcy, arguing the matter should have been filed in the same place as the company’s Chapter 11 case. During oral argument, an attorney for Hitachi Capital America ...

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Weston: How buy now, pay later loans could alter credit

Like any easy credit, these plans can tempt people to overspend. Buy now, pay later loans are also largely unregulated and lack the consumer protections that cover credit and debit card purchases. Additionally, the Consumer Financial Protection Bureau is investigating how buy now, pay later lenders are using the payment and purchase data they collect from customers. CREDIT OFFICES ALWAYS ...

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Clear Snaps Up Supply Chain Tech Firm Xpedize

Software-as-a-service (SaaS) and tax reporting company Clear has reached an acquisition agreement for a supply chain finance startup Xpedize for undisclosed durations, according to a Press release Wednesday (March 16). The purchase marks Clear’s move to credit for payments to small and medium-sized enterprises (SMEs) and businesses (B2B). The acquisition will also help Clear scale rapidly and solidify its leadership ...

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Fatal flaw in public procurement law | Local company

A FEW weeks ago I wrote an article expressing my skepticism at the call by one of the most powerful local corporations for the government to sell national assets to private companies. The concern was primarily based on the disastrous socio-economic impact of the recommendation on reducing income inequality – a necessary prescription for sustainable national development. One piece of ...

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Sydney weather clears, NSW floods declare national emergency, Ukraine applauds US-imposed Russian oil sanctions, UK, Scott Morrison met with protests in Lismore

Coming back to Russia’s invasion of Ukraine, world leaders are among those condemning a Russian attack on a Ukrainian maternity and children’s hospital. Rescuers try to save those caught under the rubble. The ground shook for more than a mile as multiple explosions hit the Mariupol compound which ripped off much of a building’s facade. A woman walks past the ...

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Deed contract may leave Midwest homebuyers out in the cold | State News

Most Americans who want to own a home — and can afford it — follow a fairly straightforward path to their dreams. They start with a loan from a bank or mortgage company, institutions subject to state and federal regulations. When buyers complete the sale of the home they want, the deal is registered with the government, usually at county ...

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The IMF must ensure that Russia cannot access its financial lifeline

Last year, the International Monetary Fund (IMF) celebrated the largest allocation of Special Drawing Rights (SDRs) in its history. This extraordinary act of money creation was worth approximately $650 billion and provided all IMF members with additional access to hard currency. Contrary to the general practice of the IMF and the World Bank of conditioning aid on political, fiduciary, and ...

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Argentina and the IMF reach a preliminary agreement of 44.5 billion dollars to solve the debt burden

Argentina and the The International Monetary Fund (IMF) has reached a $44.5 billion preliminary deal to help the South American country manage its debt burden, the economy ministry said. “The debt refinancing agreement between the Argentine Republic and the International Monetary Fund” will soon be submitted to Congress for approval, the Xinhua news agency quoted the ministry ...

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Haus Launches $HAUS Home Equity Security Token, Laying the Groundwork for a Whole New Market Backed by the World’s Largest Asset Class

SAN FRANCISCO–(BUSINESS WIRE)–House today announced the launch of HausCoin ($HAUS), a brand new financial infrastructure offering an alternative to the debt and interest focused Mortgage Backed Securities (MBS) markets with a new equity focused market. Built on the Ethereum blockchain, HausCoin offers investors a way to directly buy $HAUS, backed 1:1 by home equity, and reap returns based on the ...

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Cavco Industries announces the acquisition of Manufacturing

PHOENIX, 28 Feb. 10, 2022 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) (“Cavco”) announced today that an agreement has been signed to acquire a 184,000 square foot manufacturing facility in Hamlet, Carolina North, which will be modified to produce homes built to U.S. Department of Housing and Urban Development (“HUD code”) standards. Bill Boor, President and CEO, said, “The ...

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Britain set to provide Ukraine with additional weapons and loan guarantees

The regime of authoritarian leader Alyaksandr Lukashenka is due to hold a vote on February 27 in a bid to tighten its grip on power in Belarus and possibly end the country’s nuclear-free status. Lukashenka, 67, has offered to change the constitution, the third time he has done so since coming to power in 1994, which would allow him to ...

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Frasers Group acquires operating business of Troubled Studio Retail for £26.8m

By Joe Hoppe Frasers Group PLC announced on Friday that it has acquired digital retailer Studio Retail Group PLC’s main operating subsidiary, Studio Retail Ltd., and certain other assets for 26.8 million pounds ($35.9 million) . The British sports fashion retailer said the purchase included cash and the release of Studio Retail from its debts to lending banks involved in ...

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Webstep ASA: Mandatory Transaction Notification by Key Insiders and Closely Associated Persons

Oslo, February 23, 2022: Reference is made to the stock market announcement published by Webstep ASA (the “Company”) earlier today, the February 23, 2022concerning the decision of the Board of Directors of the Company to increase the share capital of the Company with NOK 77,902 through the issue of 77,902 new shares, each with a par value of NOK1.00to facilitate ...

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IIFL Home Finance signs $68m loan agreement with AfDB – pv magazine India

The funding aims to boost women’s access to affordable green housing in India. It includes up to $58 million in direct lending from the Asian Development Bank and a $10 million concessional loan from the Canadian Climate Fund for the private sector in Asia. February 21, 2022 Uma Gupta Image: distelAPPArath, pixabay IIFL Home Finance Limited (IIFL), India’s leading housing ...

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Mayor touts city’s fiscal rebound in address

Ely Mayor Nathan Robertson delivered the state of the city address at last week’s city council meeting. Robertson spoke about the main concerns of city residents and elected officials regarding city finances. “Is the city solvent? Is my tax money being used responsibly? The city of Ely’s annual budget is not the largest of the state’s 19 cities. In fact, ...

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Tribal officials urge judges to agree to loan arbitration

By Andrew Westney (February 17, 2022, 8:16 p.m. EST) – Habematolel Pomo, Upper Lake Tribal Officials, have urged the U.S. Supreme Court to overturn a Fourth Circuit ruling refusing to allow arbitration of claims regarding loans from tribe-owned businesses, saying the decision underscored a divided circuit over the interpretation of arbitration provisions in contracts. Sherry Treppa – the board chairwoman ...

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DLP Capital acquires “The Proper” apartment complex in Houston

ST. AUGUSTINE, Florida, February 16, 2022–(BUSINESS WIRE)–DLP Capital, a private real estate investment and finance company, announces the purchase of The cleana 235-unit apartment complex in Houston, located at 4971 Martin Luther King Jr Blvd, Houston, TX 77021. The property will be renamed DLP itselfsignifying DLP Capital’s continued commitment to bringing workforce housing to the City of Houston. Built in ...

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Patrick Daley Thompson’s Federal Case Goes to Jury

Chicago Ald Lawyers. Patrick Daley Thompson told jurors on Monday that the tax evasion case against him was an “act of desperation” to convict their client, the only longtime member of Chicago’s Daley dynasty to be indicted by the federal government. Prosecutors and defense attorneys made their final appeals in their closing remarks before a 12-member jury on the sixth ...

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Credit Suisse entities agree to settle US lawsuit for $81 million

WASHINGTON (Reuters) – Credit Suisse Group AG entities, among six defendants in a lawsuit originally brought by Iowa Public Employees Retirement System and other retirement associations, have agreed to pay $81 million, the first to agree to pay settle, the law firm Cohen Milstein Sellers & Toll PLLC said in a statement. “This first settlement agreement includes both a cash ...

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Mr. Cooper: and Sagent Announce Agreement to Create Mortgage Industry’s First Cloud-Native Services Platform – Form 8-K

DALLAS–(BUSINESS WIRE)–February 11, 2022–Mr. Cooper Group Inc. (“M. Cooper” or “the Company”) and Sagent M&C, LLC (“Sagent”) today announced the execution of a definitive agreement pursuant to which Sagent will purchase certain intellectual property rights relating to wholly-owned Mr. Cooper’s cloud-based technology platform for servicing mortgages, and Mr. Cooper will receive an equity stake in Sagent. This deal will leverage ...

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Subprime lender Elevate to pay over $3.75 million to end DC interest rate lawsuit

Diving Brief: Subprime consumer lender Elevate has agreed to pay at least $3.3 million in compensation to more than 2,500 Washington, D.C. residents as part of a settlement announced Tuesday after the DC attorney general sued the company, claiming it was charging interest at an annual percentage rate (APR) well above the district’s 24% cap. The lender also agreed to ...

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Why Walker & Dunlop (WD) is buying GeoPhy for $85 million in cash

Walker & Dunlop, Inc. (NYSE: WD) recently announced that it has reached an agreement to purchase GeoPhy for $85 million in cash. These are the details. Walker & Dunlop, Inc. recently announced that it has entered into a definitive agreement to purchase GeoPhy, a leading commercial real estate technology company. GeoPhy’s data analytics and development capabilities will significantly accelerate the ...

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DA partners with agribusinesses to produce healthy, quality pig farmers

Author: DA Communications Group | February 6, 2022 In its continued efforts to revive the country’s pork industry severely affected by African Swine Fever (ASF), the Duterte administration, through the Department of Agriculture (DA), is partnering with the private sector to produce pig farmers needed to revive and support the government’s pig industry. repopulation program. Over the weekend, Agriculture Secretary ...

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Third Circuit argues that applying PA usury law to auto loans issued to PA residents at out-of-state locations does not violate Commerce Clause | Ballard Spahr LLP

The United States Court of Appeals for the Third Circuit recently ruled that the application of Pennsylvania usury laws to vehicle-secured loans issued to residents of Pennsylvania who travel outside of Pennsylvania to obtain such loans does not violate the Commerce Clause of the United States Constitution. The decision could have significant implications for all consumer credit providers whose operations ...

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Live news: UK house prices have strongest start to year since 2005

The New York Times company has agreed to buy Wordle, the daily word game that became an overnight sensation – the news company’s latest move to boost its products and reach its goal of 10 million digital subscribers by 2025. Josh Wardle, a software engineer from Brooklyn who created Wordle as gift to his girlfriend, sold the site to The ...

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Indiana would cut ties with banks that ‘boycott’ fossil fuels under House bill | news

Indiana Public Media News { “banners”: { “tv”: [ {“url” : “https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d”, “img” : “https://indianapublicmedia.org/images/banner-images/12-21-21-to-12-28-21-wtiu-bnr.jpg”, “startingDate” : “1640062800000”, “endingDate” : “1640753940000”} , {“url” : “https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d”, “img” : “https://indianapublicmedia.org/images/banner-images/12-29-21-wtiu-bnr.jpg”, “startingDate” : “1640754000000”, “endingDate” : “1640840340000”} , {“url” : “https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d”, “img” : “https://indianapublicmedia.org/images/banner-images/12-30-21-wtiu-bnr.jpg”, “startingDate” : “1640840400000”, “endingDate” : “1640926740000”} , {“url” : “https://indianapublicmedia.secureallegiance.com/wtiu/WebModule/Donate.aspx?P=WTIUMCBNR&PAGETYPE=PLG&CHECK=2T6mTyo6yYuMn%2bAFYFwp%2bq1gzMC6uhq5nDjkJobrCdg%3d”, “img” : “https://indianapublicmedia.org/images/banner-images/12-31-21-wtiu-bnr.jpg”, “startingDate” : “1640926800000”, “endingDate” : “1641013140000”} ...

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SEC wants to cap financing and lending rates for lending firms

The Securities and Exchange Commission (SEC) has proposed to the Bangko Sentral ng Pilipinas (BSP) a cap on lending rates from finance and lending companies, many of which operate online lending platforms, to prevent excessively charging rates students. This proposal was made in the same vein as BSP’s existing cap on interest rates charged by credit card issuers, and is ...

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Kenya refuses to release contracts for Chinese debt — Quartz Africa

Kenya has refused to release loan contracts for its China-built railway in response to a legal petition from two activists, saying they had non-disclosure clauses and publishing them would breach an agreement bilateral, altering relations between Kenya and China. . This shines a light on the alleged secretive nature of China’s deals with developing countries, which experts say complicates debt ...

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State Street Obtains Mandate for Defined Contribution Assets from Raytheon Technologies Corporation in the United States

BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE: STT) today announced that it has been selected by Raytheon Technologies (NYSE: RTX) as trustee, custodian, asset manager, securities lending agent and transition manager for the Raytheon Technologies Corporation Savings Plan Master Trust, a $54 billion master trust that holds the assets of all U.S.-based defined contribution plans sponsored by Raytheon Technologies. As part of ...

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Hold onto the certainty of a fixed rate home loan

With accommodative monetary policy coming to an end, it makes sense to lock in interest rates that will remain static for some time The dream of every middle-class Indian family is to own a house. This is true regardless of the city in which they reside. When a child settles into a stable job, there is enormous parental pressure to ...

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CFPB Settles With FinTech Company For Shutdown Deal, Pays $100,000 | PC Weiner Brodsky Kider

The CFPB recently obtained the approval of a fintech agreement to settle his lawsuit with termination of all loans and servicing of loans by that company and payment of a $100,000 fine. The company announced on its website that it was “no longer lending or servicing loans” and that “all outstanding debts have been canceled and no collection attempts will ...

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Monsha’at sees 884% increase in SME borrowing

Monsha’at, the Saudi General Authority for Small and Medium Enterprises (SMEs), yesterday announced an 884% year-over-year increase in SME borrowing on Funding Gate (Tamweel), the online financing platform. Although Monsha’at does not lend directly, Funding Gate provides an automated lending platform that aggregates financial products and speeds up the provision of finance to SMEs. Monsha’at presents Funding Gate as “a ...

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Navigator Acquisition Corp. Announces Definitive Share Purchase Agreement for Qualifying Transaction to Acquire Arifmetika LLC

New York, New York – (Newsfile Corp. – January 5, 2022) – Navigator Acquisition Corp. (TSXV: NAQ.P) (“Navigator“or the”Society“) is pleased to announce that it has entered into a binding share purchase agreement (the”SPA“) dated December 24, 2021, with PJSC” OR “(“WHERE“), an arm’s length party which is a public joint stock company duly incorporated under the laws of the ...

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Guillermo del Toro offers update on Netflix’s Stop-Motion musical

After the release of his new movie Nightmare Alley, director Guillermo del Toro talks about his upcoming adaptation of Pinocchio. Guillermo del Toro recently spoke about his upcoming stop-motion musical adaptation of Pinocchio for Netflix. Del Toro has revealed that his next adaptation of the iconic story takes place during Mussolini’s rise in fascist Italy in a new interview with ...

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Our exclusive items | Benzinga

Image provided by Pexels The following post was written and / or published as part of a collaboration between Benzinga’s internal sponsored content team and a Benzinga financial partner. Annovis Bio inc. (NYSE: ANVS) is a clinical-stage pharmaceutical company focused on drug development for neurodegenerative diseases such as Alzheimer’s disease, Parkinson’s disease and dementia associated with Down syndrome (AD-DS). More ...

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Colin Kaepernick’s acquisition company loses lucrative deal over refusal to promote, do interviews

Colin Kaepernick’s reluctance to promote his work and sit down for high profile interviews reportedly cost his company a lucrative deal. According to the Wall Street newspaper, Kaepernick’s Special Purpose Acquisition Company (SPAC) was about to finalize an agreement to acquire The enterprise of change, a California-based lending company that helps minority borrowers who have had difficulty obtaining loans from ...

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HSBC buys L&T Mutual Fund for around Rs 3,200 crore

In another consolidation in the mutual fund segment, L&T Finance Holdings offered to sell its mutual fund business, L&T Investment Management Ltd (LTIM), to HSBC Asset Management (India) Ltd for $ 425 million ( approximately Rs 3,200 crore). LTIM will eventually be merged with HSBC’s asset management business in India. The two companies have entered into a definitive agreement under ...

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Ugro Capital signs a co-loan agreement with Central Bank of India

Ugro Capital announced that it has signed a co-loan agreement with Central Bank of India. As part of this partnership, the two entities aim to disburse up to Rs. 1000 crore to the various segments of UGRO Capital’s MSMEs as part of its programs such as the financing of Pratham, Sanjeevani, Saathi, GRO MPME and Machinery, over the next 12 ...

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Live news: Joachim Nagel to take charge of German Bundesbank

The UK’s Prudential Regulation Authority fined Standard Chartered over £ 46.5million for repeatedly reporting a key liquidity measure incorrectly and for not being ‘open and cooperative’ with it. one of Britain’s most important financial regulators. The fine, the highest ever imposed by the PRA in an enforcement case, relates to Standard Chartered’s misrepresentation of its liquidity position from March 2018 ...

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ED arrests NBFC CEO in probe into China-backed loan applications

The Enforcement Directorate (ED) arrested the CEO of a non-bank financial corporation (NBFC) in a money laundering investigation against Chinese fund-backed financial technology companies, said on Saturday. the agency. The agency arrested Pavitra Pradip Walvekar, promoter, director and CEO of Kudos Finance and Investment Private Limited on Friday. He was then brought before a special tribunal under the Prevention of ...

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Delayed new homebuyers risk losing deposits due to tougher lending laws, brokers say

Mortgage brokers report times of nervousness for people who have made down payments on homes that haven’t yet been completed. This was because some had to re-apply for their bank loans, and if they were turned down, they could lose their deposits, brokers said. People buying off-plan homes made a down payment to developers after getting loans approved by banks, ...

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Some NFL teams face financial cliff despite raised salary cap

The NFL salary cap looks more like a predatory loan deal than a tight budget restriction. It’s filled with loopholes that allow teams to spend lavishly and push the financial consequences years into the future. Inevitably, however, the bills come due. The salary cap is expected to increase in 2022 to $ 208.2 million, the maximum figure agreed to by ...

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A cross-border leap for insolvency reforms

The Insolvency and Bankruptcy Code of 2016 is considered historic legislation. The law has evolved with each step and continues to achieve the goals set out for it. The IBC, through frequent amendments, has responded well to the challenges posed by the Indian situation. The most recent and most welcome initiative has been the launch of pre-defined insolvency proceedings for ...

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Will Europe fight back against Congress’ proposed electric vehicle tax credits? Don’t bet against

Congress is have your ears full these days America’s trading partners on the tax credits it offers on electric vehicles (EVs). The complaint is that these tax credits, as written, are biased against imports and go against world trade rules. Canada and Mexico, for example, are talk about challenge United States-Mexico-Canada Agreement (USMCA) tax credits. Others, including Korea and Japan, ...

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Spain’s Unicaja raises its 2024 profitability target to more than 8%

MADRID, December 10 (Reuters) – Spain’s Unicaja (UNI.MC) said on Friday it had raised its 2024 return on tangible equity (ROTE) target to more than 8%, from an estimated ROTE of 2.5% in 2021 through cost savings and a boost in consumer and business loans with stable fees. The lender calculated the profitability target on the basis of an excess ...

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Why the price jumped today

Quest Resource Holding Corp’s (NASDAQ: QRHC) share price rose over 18% during intraday trading today. That’s why it happened. Quest Resource Holding Corp (NASDAQ: QRHC) – a national leader in environmental waste and recycling services – has risen more than 18% in today’s intraday trading. Investors are responding positively to Quest Resource Holding Corporation which today announces the acquisition of ...

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WeLab acquires Bank Jasa Jakarta in Indonesia, plans to launch second digital bank in Asia, after successful launch in Hong Kong

A consortium led by WeLab raised US $ 240 million – the largest fintech fundraiser in Indonesia in 2021. Move is expanding its Pan-Asian digital banking services to the huge Indonesian market. WeLab will become one of the first pan-Asian fintech platforms to operate multiple digital banks in the region. HONG KONG, December 6, 2021 / PRNewswire / – WeLab, ...

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Bad recovery of defaulted loans, new headache for banks

The recovery in delinquent loans has not kept pace with the escalation of delinquent assets in Bangladesh, affecting banks’ income and cash flow. Between January and September, banks recouped 4,195 Tk crore from their non-performing loans, which was 3,751 Tk crore in the same period a year ago, according to central bank data. For all the latest news, follow the ...

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San Antonio-based North American Development Bank Approves New Infrastructure Projects; broadens the scope of the mission

The North American Development BankThe board on Friday approved up to $ 87.5 million in funding for infrastructure projects along both sides of the US-Mexico border. It also agreed to broaden the range of sustainability-supporting projects it could finance in the future, by expanding its investments in tackling climate change and promoting an eco-friendly economy. “We are delighted to take ...

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Digital Lending Platforms Market Report 2021-26

According to the latest IMARC group report, entitled “Digital lending platform Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026“, the The global digital lending platform market has experienced strong growth during the period 2015-2020. Looking ahead, IMARC Group expects the market to grow at a CAGR of around 13% during 2021-2026. A digital loan platform (DLP) is ...

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CARS24 raises $ 20 million in debt financing from CBD

CARS24 raises $ 20 million in debt financing from CBD New • November 30, 2021 Edit India-based automotive e-commerce platform CARS24 has raised 75 million dirhams ($ 20 million) in local debt financing from the Commercial Bank of Dubai (CBD), to fuel its operational expansion in the United Arab Emirates . Founded in 2015 by Vikram Chopra, Mehul Agrawal, Gajendra ...

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Uganda denies media reports of China’s takeover of its airport

Saturday 27 November, the spokesperson for the Uganda Civil Aviation Authority (UCAA) fired media reports, which claimed that China would take over the country’s only international airport due to non-payment of a loan taken to expand the airport. Uganda signed a loan agreement on March 31, 2015 with the Export-Import Bank (Exim) of China for the expansion of Entebbe International ...

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Lakeview Hotel Investment Corp Reports Second Quarter 2021 Results

WINNIPEG, MB, November 26, 2021 / CNW / – Lakeview Hotel Investment Corp (“LHIC”) is pleased to report quarterly financial results June 30th, 2021. The following comments on financial results should be read in conjunction with the June 30, 2021 the financial statements and the MD&A which are available on the SEDAR website www.sedar.com. The Covid-19 pandemic continues to negatively ...

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Aquarius AI Inc.Announces Acquisition of Latest Generation Bitcoin Mining Platforms

Vancouver, British Columbia – (Newsfile Corp. – November 25, 2021) – Aquarius AI Inc. (CSE: AQUA) (“AQUA” or the “Company”), is pleased to announce the purchase of 100 Bitmain S19 Pro 100 TH / s mining rigs (“Rigs”) and has further entered into a non-binding letter of intent with Compass Mining Inc (“Compass”) for the provision and hosting of an ...

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Mesoblast and Oaktree Capital complete refinancing and expansion of senior credit facility

News and research before you hear about it on CNBC et al. Claim your 1-week free trial for Street Insider Premium here. NEW YORK, Nov. 21, 2021 (GLOBE NEWSWIRE) – Mesoblast Limited (Nasdaq: MESO; ASX: MSB), a global leader in allogeneic cellular drugs for inflammatory diseases, today announced that it has successfully refinanced its existing senior debt facility with a ...

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Earnhub is slated to launch on November 23, allowing users to stake their tokens and earn passive rewards through staking with no locks or fees.

Los Angeles, CA – (Newsfile Corp. – November 20, 2021) – EarnHub is proud to announce the launch of its Token and Staking Platform, allowing users to stake their EarnHub tokens to generate income without locks or fees. When many are investing their hard-earned money in a low-cap cryptocurrency, the first thing they want to know is exactly how they ...

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SEB sets new climate ambitions

By Dominic Chopping STOCKHOLM – Skandinaviska Enskilda Banken AB said on Wednesday it has set new climate ambitions and targets, consisting of a carbon exposure index, a sustainability activity index and a transition ratio. The Swedish bank said it developed its first specific sustainable development strategy in 2009 and in recent years has signed the United Nations Principles for a ...

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Biden signs bill calling for more sanctions, pressuring Nicaragua

A poster promoting Nicaraguan President Daniel Ortega as a presidential candidate is displayed on a public bus ahead of the country’s presidential elections in November, in Managua, Nicaragua on October 14, 2021. REUTERS / Maynor Valenzuela / File Photo WASHINGTON, Nov. 10 (Reuters) – US President Joe Biden on Wednesday enacted a bill calling for more sanctions and other punitive ...

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Lakeland Bancorp, Inc. and 1st Constitution Bancorp

OAK RIDGE, NJ and CRANBURY, NJ, November 5, 2021 (GLOBE NEWSWIRE) – Lakeland Bancorp, Inc. (“Lakeland”) (NASDAQ: LBAI), the parent company of Lakeland Bank, and 1st Bancorp Constitution (“1st Incorporation ”) (NASDAQ: FCCY), the parent company of 1st Constitution Bank, today announced that it has received approval from the Federal Deposit Insurance Corporation and the New Jersey Department of Banking ...

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Mainnet 1.0 from DeCredit LIVE on November 1, 2021

Enter Wall Street with StreetInsider Premium. Claim your 1-week free trial here. Singapore, Singapore – (Newsfile Corp. – November 1, 2021) – Discredit created their first version of Credit Oracle on Chain and implemented it. DeCredit Mainnet 1.0 released To view an improved version of this graphic, please visit:https://orders.newsfilecorp.com/files/7829/101507_b22932c3940ed922_001full.jpg The DeCredit team is made up of personalities with several years ...

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LJD Week 2021 | FinTech and racial actions from a global perspective

Emerging technologies, and more specifically artificial intelligence (AI), have pervasive and global implications that are transforming entire economic sectors. Algorithms are becoming ubiquitous in our lives, as part of decision-making with far-reaching impacts in education, health, employment, but also access to credit and financial services, more generally. Financial technology (FinTech) is an umbrella term to describe a new technology that ...

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Federal Agencies Announce Speeding Up of Redlining Application | Morrison & Foerster LLP

The Department of Justice (DOJ) joined with other federal agencies in announcing an increased focus on fair lending issues. On October 22, 2021, the GM announcement a new initiative to crack down on “modern” redlining. The DOJ is partnering with the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency (OCC) in this initiative, which ...

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Ultimovacs ASA – Private placement of new shares successfully placed

DO NOT DISTRIBUTE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE’S REPUBLIC OF CHINA, SOUTH AFRICA, NEW ZEALAND, JAPAN OR THE UNITED STATES , OR IN ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION, PUBLICATION OR DISTRIBUTION WOULD BE ILLEGAL Ultimovacs ASA – Private placement of new shares successfully placed Reference ...

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Agreement gives ports more leeway to issue bonds

A new contract between Ohio Jobs and six port authorities pledge to increase funding for real estate and commercial projects across the state. The private, non-profit economic development corporation puts $ 50 million in the reserves of five regional bond funds, including programs sponsored by the Cleveland-Cuyahoga County Port Authority and the Summit County Development Finance Authority. This agreement, the ...

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CBD in line with the objectives of the Paris Agreement

(MENAFN- Caribbean News Global) BRIDGETOWN, Barbados – The loans and other operations of the Caribbean Development Bank (BDC) are in line with the objectives of the Paris Agreement. As the premier multilateral development bank in the Caribbean, the CBD plays a crucial role in helping its borrowing member countries (BMCs) build their climate resilience in the context of sustainable development ...

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DeFi Sublime lending platform raises $ 2.5 million in seed funding

There is a new DeFi lending platform on the market that wants to allow users to stake their “digital reputation” to access loans. Called Sublime Finance, the platform wants to help borrowers tap into their “social capital”. Sublime has received backing from investors such as Galaxy Digital and Electric Capital, who both co-led its $ 2.5 million funding round. Other ...

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Rocky Mountain Bank parent company announces merger

JACKSON – First Western Financial, Inc., “First Western” (Nasdaq: MYFW), parent company of First Western Trust Bank, “the Bank”, and Teton Financial Services, parent company of Rocky Mountain Bank, today announced the signing of a definitive merger agreement under which Teton Financial Services would merge with and into First Western. Teton Financial Services has three branches in the State of ...

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Noted with Interest: DeFi and Potential Lender Liability | Quinn Emanuel Urquhart & Sullivan, LLP

What is DeFi? DeFi is the abbreviation for “decentralized finance”. It refers to financial services for cryptocurrencies which are built on distributed blockchain networks without central intermediaries. Since cryptocurrencies are decentralized in nature, financial services for cryptocurrencies are also referred to as “decentralized finance” or “DeFi” to reflect the same decentralized concept. Data shows that tens of billions of US ...

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Cirralto Announces A $ 1.1 Million Update to the Spenda System, Introduced to Support Continued Customer Growth

Following the commercial launch of the Expense payment suite in May of this year, this week Cirralto published a “major” upgrade to the Spenda system. In addition to the increased functionality, this update made the necessary changes and assurance of their transaction scaling capabilities “to support our growing number of customers.” The announcement also mentioned that this version of the ...

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Donald Trump’s hotel in Washington, DC lost over $ 70 million during presidency, despite foreign government revenue

From Washington, the company of former President Donald Trump has received millions of dollars from foreign governments, according to a document released Friday by a parliamentary committee investigating its affairs. During his tenure in office, he lost over $ 70 million at a Washington, DC hotel. The House Commission on Surveillance and Reform said luxury hotels a few blocks from ...

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EUROPEAN MIDDAY BRIEFING – Caution dominates -2-

A global deal to set a minimum corporate tax rate of 15% lifted its last major hurdle on Thursday after Ireland, a low-tax country that is the European headquarters of some of America’s biggest tech companies, said she would join the redesign effort. Ireland’s policy shift precedes a Friday meeting of 140 governments and jurisdictions that have been negotiating for ...

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Sun, sun, son, here it is: a solar future

Source: Shutterstock. I’ll say this: it’s wonderful to be an empty nest! I love my boys, but I’m also incredibly grateful that they are grown up and out of the house. I haven’t driven anyone to baseball practice for a long time. I didn’t cook giant meals to feed those giant mouths. I didn’t wait for them to come back ...

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Renaissance Cleveland Hotel to be renamed Hotel Cleveland

CLEVELAND – Editor’s Note: The above video is from a previously published and unrelated story. Plans are advancing for a new look at one of the classic downtown Cleveland locations. Toronto-based Skyline Investments, owner of the Renaissance Cleveland Hotel, is looking to renovate and rename the 103-year-old building as “Hotel Cleveland.” Cleveland City Council plans to back the $ 56 ...

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