Connect with us

Business

Worried a recession is coming, U.S. online lenders reduce risk

U.S. online lenders such as LendingClub Corp, Kabbage Inc and Avant LLC are scrutinizing loan quality, securing long-term financing and cutting costs, as executives prepare for what they fear could be the sector’s first economic downturn.

Published

on

worried-a-recession-is-coming-us.-online-lenders-reduce-risk

U.S. online lenders such as LendingClub Corp, Kabbage Inc and Avant LLC are scrutinizing loan quality, securing long-term financing and cutting costs, as executives prepare for what they fear could be the sector’s first economic downturn.

Business

Qualcomm’s joint venture with Chinese province to shut down: The Information

A joint venture between U.S. smartphone chipmaker Qualcomm Inc and China’s Guizhou province will shut down by the end of the month, The Information reported on Friday, citing employees at the venture.

Published

on

qualcomm8217s-joint-venture-with-chinese-province-to-shut-down-the-information

A joint venture between U.S. smartphone chipmaker Qualcomm Inc and China’s Guizhou province will shut down by the end of the month, The Information reported on Friday, citing employees at the venture.

Continue Reading

Business

HNA denies embezzlement claims as it fights for control of Hong Kong Airlines

Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) as the two sides fight for control of the struggling carrier.

Published

on

hna-denies-embezzlement-claims-as-it-fights-for-control-of-hong-kong-airlines

Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) as the two sides fight for control of the struggling carrier.

Continue Reading

Business

Tesla’s Elon Musk, SEC get another week to work out deal on Twitter use

Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another week to settle a dispute over Musk’s use of Twitter, a federal judge ruled Thursday.

Published

on

tesla8217s-elon-musk-sec-get-another-week-to-work-out-deal-on-twitter-use

Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another week to settle a dispute over Musk’s use of Twitter, a federal judge ruled Thursday.

Continue Reading

Trending