Bank Lending: Is it Any Good?

The landscape of financial lending has undergone significant changes over the past few decades. At the forefront of this evolution is bank lending, a traditional pillar of financial support for individuals and businesses alike. As an integral part of the economy, bank lending has been scrutinized, with questions raised...

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General Catalyst leads $200M investment into Bilt Rewards, doubling its valuation to $3.1B

Bilt Rewards, whose platform aims to allow consumers to earn rewards on rent and daily neighborhood spend, has raised $200 million at a $3.1 valuation, the company announced today. General Catalyst led the financing, which more than doubles the New York-based company’s valuation compared to its $150 million October 2022...

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FAA chief vows ‘boots on ground’ to get quality control

Michael Whitaker, nominee to be the next administrator of the Federal Aviation Administration (FAA), testifies during a Senate Committee on Commerce, Science, and Transportation hearing on Capitol Hill October 4, 2023 in Washington, DC. The FAA has been without a Senate-confirmed administrator for 18 months. (Photo by Drew Angerer/Getty...

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SAP shares surge to all-time high after results, plans to restructure 8,000 jobs in push to AI

An employee works in an office at the SAP SE campus in Walldorf, Germany.Bloomberg | Getty ImagesShares of German software company SAP jumped to an all-time high in early deals Wednesday after the company released its latest financial results and announced plans to restructure 8,000 jobs in a push...

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