Latest in Loan Closed Firm
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Biden administration under pressure to forgive more student loan debt before Trump takes office
With just a little more than a month and a half left in office, President Joe Biden is under pressure to forgive more student loan debt.CNBC - 6d -
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'Last minute spending spree' by Biden, including Rivian loan, to get DOGE scrutiny, says Vivek Ramaswamy
DOGE co-lead Vivek Ramaswamy says Biden administration attempts to dole out IRA, Chips Act funds, and EV loans, at the last minute will be reviewed.CNBC - 6d -
China sanctions US defense firms over Taiwan arms sales
China on Thursday sanctioned 13 U.S. defense firms over arms sales to the self-governing island nation of Taiwan. The companies targeted by China are smaller defense tech firms that have worked on ...The Hill - 6d -
China Slaps Sanctions on 13 U.S. Defense Firms
The largely symbolic move is in response to the Biden administration’s latest arms sales to Taiwan, the island democracy that China considers its own.The New York Times - 6d -
Relic of the Buddha loaned by China gets a warm welcome in Thailand
More than 2,000 people have taken part in a procession to escort a relic of the Buddha, lent by China, to a shrine in Bangkok to honor the birthday of Thai King Maha Vajiralongkorn and to celebrate ...ABC News - Dec. 4 -
Lobbying firm with ties to Trump appears poised to profit from new administration
Ballard Partners, whose founder has personal ties to Donald Trump, seems poised to profit from Trump's return to Washington, raising concerns from some ethics experts.ABC News - Dec. 4 -
White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign
A top White House official says at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaignABC News - Dec. 4 -
More employers add 401(k) plan match for workers paying student loans
The share of businesses choosing to offer a 401(k) plan match based on student loan payments is slowly increasing due to a law known as Secure 2.0.CNBC - Dec. 4 -
Here’s How Security Firms Say Execs Should Protect Themselves After UnitedHealthcare CEO’s Shooting
UnitedHealthcare CEO Brian Thompson’s tragic shooting set off alarm bells in the business world. Here’s how security firms are responding.Inc. - Dec. 4 -
White House says at least eight US telecom firms, dozens of nations impacted by China hacking campaign
White House says at least eight US telecom firms, dozens of nations impacted by China hacking campaignABC News - Dec. 4 -
Why you should get a home equity loan for 2025
A home equity loan can be a smart financial tool for homeowners heading into 2025. Here's why.CBS News - Dec. 4 -
Student loan borrowers may find bankruptcy harder under Trump
The Biden administration's more lenient policy toward student loan borrowers filing for bankruptcy may come to an end with the election of Donald Trump.CNBC - Dec. 4 -
Almost 30 Percent of U.S. Drug Stores Closed in a Decade, Study Says
Closures by big chains and independent stores hit poorer neighborhoods hardest, researchers found.Inc. - Dec. 4 -
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Most Rural Hospitals Have Closed Their Maternity Wards, Study Finds
Labor and delivery units are losing money and struggling to find staff, in rural areas and large cities alike.The New York Times - Dec. 4 -
Germany’s car sector layoffs could fill skill shortages in mid-cap firms, Deutsche Bank CEO says
Deutsche Bank CEO Christian Sewing said layoffs in car manufacturers including Volkswagen could help fill labor shortages in medium sized firmsMarketWatch - Dec. 4 -
Syrian rebels close in on symbolic victory in city synonymous with government brutality
Syrian rebel forces were on Wednesday within six miles of the central city of Hama, a city freighted with past horrors for antigovernment forces.NBC News - Dec. 4 -
FBI tells telecom firms to boost security following wide-ranging Chinese hacking campaign
U.S. officials are urging telecommunication companies to boost network security following a Chinese hacking operation that gave officials in Beijing access to the private texts and phone ...ABC News - Dec. 3 -
Tiger Woods has no firm answers on a deal with Saudis or his future as a player
Tiger Woods doesn't have a clear view of the future, whether that's his playing schedule for the PGA Tour's negotiations with the Saudi funders of LIV GolfABC News - Dec. 3 -
Trump says he'll block controversial U.S. Steel acquisition by Japanese firm
President-elect Donald Trump said he would block the proposed acquisition of U.S. Steel by the Japanese Company Nippon Steel. President Biden is yet to decide on the sale that has faced bipartisan ...CBS News - Dec. 3 -
XDefiant Shuts Down In June 2025, Ubisoft Closes Two Offices
Ubisoft has announced that XDefiant will shut down on June 3, 2025. Additionally, Ubisoft is closing down its office in Osaka, Japan, as well as San Francisco.. Ubisoft explained that starting ...GameSpot - Dec. 3 -
Nearly 30% of US drugstores closed in one decade, study shows
New research shows that nearly three out of 10 U.S. drugstores that were open during the previous decade had closed by 2021ABC News - Dec. 3 -
Vivek Ramaswamy Calls Out Loans for Electric Vehicle Manufacturing
Ramaswamy will co-lead the planned Department of Government Efficiency along with Tesla CEO Elon Musk. One of the loans is for Rivian, a Tesla competitor.Inc. - Dec. 3 -
Alex Mashinsky: founder of bankrupt crypto firm to plead guilty to fraud
Mashinsky, 59, who led Celsius and was charged last year on seven criminal counts, agrees to plead guilty to two. Alex Mashinsky, the founder of bankrupt cryptocurrency lender Celsius Network, said ...The Guardian - Dec. 3 -
What drives home equity loan interest rates?
Wonder what impacts home equity borrowing rates? Here are the factors borrowers should be aware of.CBS News - Dec. 3 -
Thames Water creditors veto use of £3bn loan to pay fines
Troubled utility faces fines of £400mn by March 2027 as it tries to avoid renationalisationFinancial Times - Dec. 3 -
Parthenon Sculptures deal 'close', ex-Greek official says
Sir Keir Starmer met the Greek PM for talks at Downing Street - but it was not clear if the issue was discussed.BBC News - Dec. 3 -
Judge closes Hunter Biden gun case after presidential pardon
Hunter Biden’s federal gun case was brought to a close by a judge Tuesday following the presidential pardon by his father. In a terse order, U.S. District Judge Maryellen Noreika terminated all ...The Hill - Dec. 3 -
Audit firms sharpen knives for oversight panel under Trump
Threat to accounting board is greatest since it was created in the wake of the Enron audit scandal, accounting veterans sayFinancial Times - Dec. 3 -
Talent agency Gersh acquires sports representation firm You First in major expansion
Beverly Hills talent agency Gersh will acquire Madrid-based sports representation firm You First, marking an entry into the business of working with athletes.Los Angeles Times - Dec. 3 -
What's the home equity loan interest rate forecast for December 2024?
Will December be a good time to borrow from your home equity? Here's where rates could head this month.CBS News - Dec. 3 -
Microsoft faces £1 billion lawsuit in UK for allegedly overcharging rival cloud firms' customers
Microsoft was accused of unfairly overcharging customers of rival cloud companies including Amazon, Google and Alibaba Cloud in a U.K. lawsuit filed Tuesday.CNBC - Dec. 3 -
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Ex-paddleboard firm owner in court after deaths
Nerys Bethan Lloyd, 39, is charged with gross negligence manslaughter after four people died.BBC News - Dec. 3 -
Trump says he will block Japanese firm's takeover of U.S. Steel
President-elect Donald Trump said Monday that he would block a Japanese company’s $15 billion bid to acquire U.S. Steel.NBC News - Dec. 3 -
FirstFT: Critics see chance to close US accounting regulator
Also in this newsletter, Nato’s new chief warns of ‘dire threat’ of a bad Ukraine peace deal and China hits back against chip sanctionsFinancial Times - Dec. 3
