Parent of adultery website Ashley Madison in $11.2 million data breach settlement

by | Jul 17, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The owner of the Ashley Madison adultery website said on Friday it will pay $11.2 million to settle U.S. litigation brought on behalf of roughly 37 million users whose personal details were exposed in a July 2015 data breach. Ruby Corp, formerly known as Avid Life...

BlackRock’s iShares ETF business posts record inflows, assets top $1.5 trillion

by | Jul 17, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

BlackRock, the largest asset-management firm in the world, said its exchange-traded funds business had a record quarter. The company said net inflows into its iShares business totaled $74 billion in the second quarter, a record, pushing the unit’s assets above...

Warren Buffett’s 10 commandments on using power to run a business the right way

by | Jul 17, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The board’s most important job is recruiting, overseeing and, when necessary, replacing the chief executive officer, Buffett stresses. All other tasks are secondary to that one, because if the board secures an outstanding CEO, it will face few of the problems...

3-D printer start-up Desktop Metal raises $115 million as corporations line up to invest

by | Jul 17, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

A start-up called Desktop Metal has developed 3-D printers that can produce metal objects safely, in smaller spaces and for a lower cost than traditional manufacturing, which requires expensive machinery, lots of floor space and risky physical labor. The company just...