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Liberty Interactive to buy rest of HSN

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

(Reuters) – Liberty Interactive Corp said it would buy the remaining 62 percent of HSN Inc it does not already own in a deal that values the TV shopping network at $2.1 billion.

Massachusetts Sues Betsy DeVos Over Student Loan Protections

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

The education secretary froze rules that helped borrowers who had attended bankrupt for-profit colleges. Massachusetts aims to lift the freeze.

Fed’s Powell says current US housing finance system ‘unsustainable’

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

The US housing finance system continues to put taxpayers at risk in a market dominated by government-backed agencies, Federal Reserve Governor Jerome Powell said on Thursday, calling for further reform of an “unsustainable” situation. A decade after doubts...

L Brands shares fall 10% after reporting bigger-than-expected sales miss in June

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

L Brands shares fell more than 10 percent Thursday morning after the specialty retailer reported a decline in same-store sales in June. The operator of stores such as Victoria’s Secret and Bath & Body Works said same store sales fell 9 percent last month,...

Tepid ADP Jobs Data Drags Down Wall Street

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

Wall Street opened lower on Thursday amid broad declines after data showed the U.S. private sector added fewer jobs than expected in June.

Why Tesla shares plummeted 14 percent in less than a week

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

Tesla shares have taken a beating this week following a raft of bad news — including lower-than-expected car delivery numbers, a worse-than-expected car safety report and a negative outlook from analysts at Goldman Sachs. Shares opened the week at $369.10, but...
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