Podcast: The Italian bailout job

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Italy has been forced to bail out two banks at a cost of as much €17bn euros ($19 bn). Is that the end of the bleeding in Italy’s financial sector? Also, as the iPhone turns ten, we look at how Apple is evolving. And Catherine Mann, Chief Economist at the...

Timken to buy Groeneveld Group

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Non-Bank Loans, Working Capital

NORTH CANTON, Ohio – Timken has announced it has reached an agreement to acquire automatic lubrication system manufacturer Groeneveld Group. The deal is worth about US$280 million. “The acquisition of Groeneveld will further expand our presence in the...

Mayoral Q&A: What Dallas can learn about mobility from Montreal and Fort Worth

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

Mayors compare notes about mobility, and whether the focus should be on environmentally friendly or economically stimulating outcomes.

UPS to freeze pension plans for 70,000 employees

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

United Parcel Service Inc. plans to freeze pension benefits for about 70,000 nonunion employees. The Wall Street Journal reports that the freeze will begin in five years and that the company will move those workers to 401(k) accounts and will contribute funds to those...

SH Group Expands Relationship with Agilysys, Selecting InfoGenesis® POS, rGuest® Pay for 1 Hotel Brooklyn Bridge

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance

ALPHARETTA, GA. — June 28, 2017 — Agilysys, Inc. (Nasdaq: AGYS), a leading global provider of next-generation hospitality software solutions and services, today announced that luxury boutique property 1 Hotel Brooklyn Bridge, which is managed by hotel...

UPS to freeze pension plans for 70K nonunion workers

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

United Parcel Service Inc. plans to freeze pension plans for about 70,000 nonunion employees. The Atlanta-based global logistics company said Tuesday it will freeze pension benefits in five years for nonunion workers. It will move those individuals to 401(k) accounts...