Saudi Aramco’s valuation reportedly off by $500 billion, or roughly Amazon and Netflix combined

by | Apr 24, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Saudi Aramco may not be worth $2 trillion, The Wall Street Journal reported on Monday, citing people familiar with the company’s highly anticipated plan to go public. Saudi Arabia’s deputy crown prince, Mohammed bin Salman, has said that the company is set...

Arkansas Set to Execute 2 Inmates

by | Apr 24, 2017 | Arkansas, Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Capital Punishment, Economics, Finance, Jack Jones, Murders, Attempted Murders and Homicides, Non-Bank Loans, Williams, Marcel Wayne, Working Capital

By JULIE TURKEWITZ and RICHARD PÉREZ-PEÑA April 24, 2017 VARNER, Ark. — The State of Arkansas is scheduled to put two inmates to death on Monday night, setting up what would be the United States’ first double execution in...

Wells Fargo has satisfactory ‘living will’ plan, Fed says

by | Apr 24, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Wells Fargo has presented the Federal Reserve with a satisfactory plan on how to unwind its business in case of bankruptcy, the U.S. central bank said Monday. The resolution plan, or “living will,” is required of the nation’s largest banks and is...

Marissa Mayer and these other Yahoo execs are out after Verizon takes over

by | Apr 24, 2017 | Bad Credit Loans, Bank Lending, Bureau of Labor Statistics, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

SAN FRANCISCO — Oath, the Yahoo-AOL creation owner Verizon will debut this year, plans to announce its leadership team Tuesday. And it does not include most of Yahoo’s executive team. Yahoo CEO Marissa Mayer will depart in June when Verizon completes the...