US homebuilder stocks slide on concern Trump’s lumber tariff will raise costs

by | Apr 25, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Homebuilder stocks fell on Tuesday on concern new tariffs by the Trump administration on Canadian softwood lumber imports will raise costs. The new tariffs average to about 20 percent and were announced Monday night. The iShares U.S. Home Construction ETF (ITB) fell...

Workers involved in union activities say Tesla is illegally intimidating them

by | Apr 25, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Tesla is once again facing allegations that it’s working to quash a union drive at its factory in Fremont, California. Last week, the United Automobile Workers union filed with the National Labor Relations Board alleging that the company has illegally surveilled...

Coke goes ‘lean,’ to cut 1,200 jobs as part of $800 million cost-savings plan

by | Apr 25, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Coca-Cola said Tuesday it will eliminate 1,200 jobs as part of a multiyear cost-cutting effort. Incoming Coca-Cola CEO and current COO James Quincey said on the company’s earnings conference call that the company is planning a “more focused, lean corporate...