UnitedHealth exec takes helm at One Medical to reinvent the doctor’s visit

by | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

One Medical, the venture-backed primary care group with 60 clinics nationwide, has tapped an executive from health insurance giant UnitedHealth Group to be its new CEO. Amir Rubin, the executive vice president and CEO of Optum, a division of UnitedHealth, was named to...

This new restaurant’s menu and decor were designed to be perfectly ‘Instagrammable’

by | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The hashtag #foodporn was used on Instagram nearly 10 million times between November 2014 and April 2015, according to an article in MIT’s Technology Review. About 42 percent of these posts contained geolocation information, mostly on Instagram, which can direct...

Cinema chain AMC says deals not funded by Chinese parent Wanda

by | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The curbs on Wanda, announced at a meeting in June, focused on six overseas deals, four of which have already been completed, an internal bank document seen by Reuters showed. AMC said deals for Starplex Cinemas, Odeon & UCI Cinemas, Nordic Cinema Group and...

Asia to open amid lower dollar, yields on dimmed US health-care reforms prospects

by | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Back in Asia, Nikkei futures traded in Chicago were up 0.1 percent at 20,020 while Osaka futures were off 0.01 percent at 19,980 compared to the benchmark index’s Tuesday close of 19,999.91. Australian SPI futures were down 1.13 percent at 5,623 against the...

With 5 years of declining revenue, IBM is all in on profits: ‘It’s easy to get revenue,’ CFO says

by | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Despite posting 21 quarters of year-over-year revenue declines, IBM is always looking for “profit pools” in enterprise technology, Martin Schroeter, IBM’s senior vice president and chief financial officer, told CNBC’s “Closing Bell”...

Wall Street convinced tax cuts are coming even if much smaller than promised

by | Jul 18, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Wall Street still expects Washington to come up with some type of whittled down tax bill, with simple tax cuts more likely than tax reform. The Senate’s failure to bring a revised health-care bill up for a vote rattled markets and sparked speculation Congress...