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U.S. charges ex-Audi manager in emissions cheating case

by synergycap1 | Jul 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

WASHINGTON (Reuters) – The U.S. Justice Department on Thursday said it has charged a former Audi manager with directing employees at the company, a division of Volkswagen AG, to design software to cheat U.S. emissions tests in thousands of Audi diesel...

Scalise undergoes surgery, remains in serious condition

by synergycap1 | Jul 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

U.S. Representative Steve Scalise, who was shot and wounded during a baseball practice last month, has undergone surgery to treat an infection and he remains in serious condition, the hospital said on Thursday. Scalise, the No. 3 Republican leader in the U.S. House of...

Manager of world’s biggest hedge fund: Central bank easy money ‘era is ending’

by synergycap1 | Jul 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Ray Dalio has declared the era of easy money is ending. The founder and chief investment officer of the world’s biggest hedge fund said Thursday in a commentary posted to LinkedIn that central bankers have “clearly and understandably” signaled the...

Mondelez says cyber attack will cut into revenue growth

by synergycap1 | Jul 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Mondelez said Thursday that a recent cyber attack will cut into its revenue growth for its second quarter. The company said its preliminary estimate of the impact indicates a 3 percent slice off its revenue growth rate for the quarter. Mondelez’s stock declined...

Illinois House enacts FY 2018 budget, ending record impasse

by synergycap1 | Jul 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Illinois’ first full-year budget since 2015 became law on Thursday after the House of Representatives overrode the governor’s vetoes of a $36 billion fiscal 2018 spending plan and $5 billion tax hike. But the measures may not save Illinois from becoming...

Senate sends $5.3B transportation package to governor

by synergycap1 | Jul 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Working Capital

A long-sought transportation spending package for Oregon — promising to deliver road repairs, freeway congestion relief, beefed up transit operations, support for electric vehicles, safer routes to schools and added cycling infrastructure — now awaits Gov....
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