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Fed gives big U.S. banks a green light for buyback, dividend plans

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

WASHINGTON/NEW YORK (Reuters) – The Federal Reserve has approved plans from the 34 largest U.S. banks to use extra capital for stock buybacks, dividends and other purposes beyond being a cushion against catastrophe.

Port Authority delays cashless payment system on light rail

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

The Port Authority of Allegheny County announced Wednesday it was delaying its cashless payment system for the light rail. A news release detailed several issues with the new system, including not being able to have deliveries of more ConnectCard machines, as well as...

Maersk cyber attack contained as ports and technology solution providers seek answers

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

While Maersk confirmed that it has been hit as part of a global cyber attack named Pety, cripling IT systems down multiple sites and select business units, spokesmen say the damage has been “contained.”Meanwhile, several key seaports are also reporting...

Why This Hot U.S. Razor Startup Just Made a Leap Across the Pond

by synergycap1 | Jun 28, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Entering Global Markets, Finance, Working Capital

Harry’s Razors co-founders Andy Katz-Mayfield (left) and Jeff Raider. CREDIT: Courtesy Company Four years ago, Warby Parker co-founder Jeff Raider saw the opportunity to do for razors what his first startup had done for eyewear: Take a traditional product, and...

Google has just built a prototype for virtual-reality ads on mobile devices

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

Researchers at Google’s experimental unit, Area 120, say they’ve built their first version of a digital advertising format designed specifically for mobile, virtual-reality applications. The unit showed a prototype of the still-nameless product in a blog...

As Oregon’s Arcimoto revs toward IPO, a look at the road ahead

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

Arcimoto’s SRK has a top speed of 80 mph, allowing for freeway use, and a driving range for the SRK is 70 miles with a 12 kilowatt-hour battery pack and 130 miles with a 20 kilowatt-hour pack.
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