Allianz says to cut 300 German IT staff via buyouts

by synergycap1 | Jul 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

FRANKFURT (Reuters) – Allianz plans to cut 300 German jobs from its information technology division, using staff buyouts, a spokesman for the company told Reuters on Monday.

Jawbone’s demise may be a case of ‘death by overfunding’ in Silicon Valley

by synergycap1 | Jul 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Consumer electronics company Jawbone had more than enough money to take on Fitbit and other health-tracking devices in the “wearables” market. That may have ended up being its biggest problem. Top-tier venture capital firms Sequoia, Andreessen Horowitz,...

Plan for US tax increase on rich not being considered: Mnuchin

by synergycap1 | Jul 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

The Trump administration is not considering a plan to raise taxes on the wealthiest Americans in order to pay for tax breaks for the middle class, U.S. Treasury Secretary Steve Mnuchin said on Sunday. Speaking on ABC’s “This Week,” Mnuchin said the...

4 Habits That Helped Make Warren Buffett a Billionaire

by synergycap1 | Jul 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, Growth Stories, Tips, and Advice from Top Entrepreneurs, Working Capital

Journalist and speaker Minda Zetlin says anyone can emulate the strategies the famed investor has used to amass his fortune.

If You Give a Cop a Cookie You Might Get Suspended

by synergycap1 | Jul 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Finance, HR/Benefits, Working Capital

Don’t ever punish an employee for being kind.

Buyout firm Apollo to buy golf course operator ClubCorp for $1.1 billion

by synergycap1 | Jul 10, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

Private equity firm Apollo Global Management said on Sunday it had agreed to acquire ClubCorp Holdings, one of the largest owners and operators of private golf and country clubs in the United States, for $1.1 billion. The deal comes three months after ClubCorp...