World Finance Knowledge Center

https://worldfinance.tumblr.com/post/658187249683447808 : Sector 22-B traders meet Finance Secy worldfinance.tumblr.com/post/658187249683447808 from Tumblr https://ift.tt/2V6yRSG via IFTTT

TheTribune: CHANDIGARH:Traders of Sector 22-B here on Thursday met Finance Secretary Ajoy Kumar Sinha with a demand to scrap the proposal of the UT Administration to shift the parking from the sector. This content was originally published here . from Tumblr https://ift.tt/2TIqPi2 via IFTTT

https://worldfinance.tumblr.com/post/658096652719177728 : After their merger, the name of the company was again changed to Aadhar Housing Finance, and it became the India’s largest affordable housing finance company, in terms of reach. worldfinance.tumblr.com/post/658096652719177728 from Tumblr https://ift.tt/3zVA665 via IFTTT

Aadhar Housing Finance - making home loans accessible to all Owning a house is a dream that every Indian grows up with. However, while there are various options for people in the middle and higher income groups to loans and fulfil this dream, it is the low income group that has been always been in the periphery. However, one key player realised this difference and established a lending service that is focused on this low-income group - Aadhar Housing Finance. A subsidiary of Wadhawan Global Capital(WGC), Aadhar Housing Finance has been empowering the low-income group in to get a home of their own,under the leadership of their MD & CEO, Deo Shankar Tripathi. From being a banker for more than 3 decades to leading Aadhar Housing Finance, Mr. Tripathi has come a long way. In an exclusive interview with ET, he spoke about his vision for the future of housing development , the need for home loans and much more. Tripathi shared his views on the Prime Minister’s housing scheme, dedic...

https://worldfinance.tumblr.com/post/658006060170412032 : FirstBank loans printing company $6 million for expansion – Caribbean Business worldfinance.tumblr.com/post/658006060170412032 from Tumblr https://ift.tt/2TEzgee via IFTTT

Las Piedras company to raise volume and specialization capabilities This content was originally published here . from Tumblr https://ift.tt/377iYxS via IFTTT

https://worldfinance.tumblr.com/post/657915454186225664 : As Robert Thomson, News Corp CEO stated in the deal announcement, Through product innovation and powerful media platforms, News Corp is increasing its presence and capabilities in the burgeoning digital real estate services market. worldfinance.tumblr.com/post/657915454186225664 from Tumblr https://ift.tt/3eZPeXS via IFTTT

Quick Take News Corp () has announced that its Move subsidiary has agreed to acquire Opcity for $210 million. Opcity operates a high quality residential real-estate lead referral platform. NWS is acquiring Opcity to broaden its Move subsidiary’s offerings with Opcity’s concierge-based, transaction-ready leads. Target Company Austin, Texas-based Opcity was founded in 2015 to connect real estate agents and mortgage loan officers to pre-screened, live leads. Management is headed by Founder and CEO Ben Rubenstein , who has previously Co-Founded Yodle and served as its Vice President of Sales Operations. Below is an overview video of the company’s services, presented by Opcity’s CEO and CFO: (Source: Audin Chamber of Commerce ) Opcity’s primary offerings include: Opcity Referrals Broker Lead Accelerator Investors invested at least $27 million in the company and include LiveOak Venture Partners, Georgian Partners, Icon Ventures and 8VC. (Source: CrunchBase , Opcity ) Mark...

https://worldfinance.tumblr.com/post/657824862231986176 : Our housing crisis weighs heavy across the state. worldfinance.tumblr.com/post/657824862231986176 from Tumblr https://ift.tt/2UJdRBp via IFTTT

Our housing crisis weighs heavy across the state. This morning, Eric Gill , leader of the Hotel workers, joined us to talk about how Marriott Hotel may be This content was originally published here . from Tumblr https://ift.tt/3BN0Ve6 via IFTTT

https://worldfinance.tumblr.com/post/657734266233438209 : My question is, “How do we know which best practices will most benefit our employee engagement initiatives? worldfinance.tumblr.com/post/657734266233438209 from Tumblr https://ift.tt/3fejnTF via IFTTT

Image source: freepix There are hundreds of best practices for employee engagement, and all of them are being practiced by firms across this good, green Earth: at some growing businesses, at some failing businesses too. My question is, “How do we know which best practices will most benefit our employee engagement initiatives? Which should I apply in my business?” So my team and I embarked on a mission to exhume the real nuts and bolts of engagement. Vast amounts of data support the symbiotic relationship between engagement and satisfaction, between businesses and customers. A 2005 study concluded that work engagement is linked to performance and customer loyalty (Salanova, Agut & Peiró, 2005). In 2009, survey data supported that in government organizations, the level of employee engagement (or disengagement) in an organization depends on how effectively that organization does the following: 1. ensures that senior leaders set the strategic direction, 2. focuses employees at a...

https://worldfinance.tumblr.com/post/657643668274069504 : The bank allegedly knew that the loans “contained misstated income information and did not meet the quality that Wells Fargo represented,” the department said. worldfinance.tumblr.com/post/657643668274069504 from Tumblr https://ift.tt/3zxqj5Y via IFTTT

Wells Fargo will pay a $2.09 billion civil penalty over allegations the company originated and sold residential mortgage loans that included misstated income information, the Justice Department said Wednesday. The bank’s actions contributed to the financial crisis, the agency said. The bank allegedly knew that the loans “contained misstated income information and did not meet the quality that Wells Fargo represented,” the department said . “Investors, including federally insured financial institutions, suffered billions of dollars in losses from investing in residential mortgage-backed securities containing loans originated by Wells Fargo,” the department added. The settlement “holds Wells Fargo accountable for actions that contributed to the financial crisis,” Acting Associate Attorney General Jesse Panuccio said in a statement. “It sends a strong message that the Department is committed to protecting the nation’s economy and financial markets against fraud.” The Justice Depar...

https://worldfinance.tumblr.com/post/657553074975621120 : (Photo: George Clarence Atelier) April Anderson, founder of Good Cakes & Bakes in Detroit. worldfinance.tumblr.com/post/657553074975621120 from Tumblr https://ift.tt/2UzRPB1 via IFTTT

Buy Photo Roslyn Karamoko, 33, founder and CEO of the retail store, Detroit is the New Black, in Detroit on Wednesday, August 29, 2018. (Photo: Kathleen Galligan, Detroit Free Press)Buy Photo All entrepreneurs must overcome a lot of challenges to score big in business. But Detroit's black female entrepreneurs need to overcome more than most, facing gender and race bias on top of all the usual problems of competition and cash flow. But the story of three black women in Detroit shows that success is possible, if one shows the savvy and the grit that it takes to make it. April Anderson started her Good Cakes and Bakes five years ago on Livernois on Detroit’s northwest side, turned a profit in less than two years, and now caters to a wide range of customers including corporate events for Quicken Loans, JPMorgan Chase and others. Adrienne Bennett achieved the milestone of becoming the first black female licensed master plumber in the United States. Today, her Benkari ...

https://worldfinance.tumblr.com/post/657462469109907456 : U.S. trade deficit hit records in August Record imports drove the U.S. trade deficit up for the third straight month in August. worldfinance.tumblr.com/post/657462469109907456 from Tumblr https://ift.tt/2Ux2zQE via IFTTT

August borrowing rose on student, auto loans Americans borrowed more in August, with the category that covers auto and student loans rising by the largest amount in nine months. Consumer debt rose by a seasonally adjusted $20.1 billion in August following a gain of $16.6 billion in July, the Federal Reserve reported Friday. The August performance exceeded expectations. Many economists had been looking for a smaller increase of around $15 billion. The gain was led by a $15.2 billion rise in auto loans and student loans, the biggest jump in this category since November. The category that covers credit cards saw an increase of $4.8 billion, up from a $1.3 billion rise in July. The report on borrowing showed it rising to a record of $3.94 trillion. The Fed’s monthly report on consumer borrowing does not include mortgage debt or any other loans secured by real estate including home equity loans. U.S. trade deficit hit records in August Record imports drove the U.S. trade defici...

https://worldfinance.tumblr.com/post/657371881422389248 : Lakewood received a $4.4 million loan through the Paycheck Protection Program, a part of the federal CARES Act that provided loans to pay employee wages or for other basic operational costs such as utilities. worldfinance.tumblr.com/post/657371881422389248 from Tumblr https://ift.tt/2W2QSBn via IFTTT

Joel Osteen’s Lakewood Church is among the large local congregations that received multi-million dollar loans as part of the federal government’s COVID-19 stimulus package. Lakewood received a $4.4 million loan through the Paycheck Protection Program, a part of the federal CARES Act that provided loans to pay employee wages or for other basic operational costs such as utilities. The program marked the first time federal lawmakers allowed for direct financial assistance to houses of worship. More from Robert Downen Lakewood officials said earlier this year that they had not applied for a loan through the PPP, and the church was not included on the list of recipients released by the Small Business Administration early in the summer. The SBA later reopened the program, and its most recent data shows that Lakewood’s loan was approved in mid-July. Church officials could not be reached for comment Monday afternoon. More than 1,000 religious groups in Texas received hundreds of millio...

https://worldfinance.tumblr.com/post/657281278802001921 : You’ll want to keep in mind that the application process can take longer for credit lines above $200,000 and in cases where Kabbage has trouble verifying your business information. worldfinance.tumblr.com/post/657281278802001921 from Tumblr https://ift.tt/3kGdKB8 via IFTTT

If you meet the minimum Kabbage loan requirements, you can dive into filling out their online application. You’ll create a Kabbage account by offering your email and adding a password, and they’ll then ask for basic business and personal information including your name, business name, home and business addresses, phone number, industry, EIN, and social security number. Once you’ve given this information, you’ll be prompted to connect the financial platforms you use to your Kabbage business loan application . You’ll need to connect your business checking account, plus any other online services your business uses, such as PayPal, Amazon, eBay, Xero, Stripe, or QuickBooks. They will ask that you provide the login information for each account you connect. It’s important to sync up as many business services as possible because the more business revenue you can demonstrate, the more likely you are to qualify for a credit line. They review and underwrite your loan based on the inf...

https://worldfinance.tumblr.com/post/657190689135837184 : There is also the SBA 7(a) loan program, which offers general-purpose working capital for businesses that are already a few years old. worldfinance.tumblr.com/post/657190689135837184 from Tumblr https://ift.tt/3kIfeum via IFTTT

Best For: Women who need a long-term business loan and have strong credit. First, perhaps the best small business loans for women (or any business owner for that matter) are SBA loans . Once again, although there aren’t SBA loans for women exclusively , SBA loans have some of the most competitive payment terms and interest rates on the market—plus, SBA loans can be used for nearly any business purpose. Moreover, in addition to loans, the Small Business Administration (SBA) has a wide array of resources for female entrepreneurs as well. We’ll get into many of those resources below, but first, let’s discuss SBA loans for women. As a government entity, the SBA runs loan programs for small businesses; however, the SBA itself does not make these loans. Instead, banks and other direct lenders actually make the loans, and the SBA subsidizes a portion of the loan if the borrower defaults. This being said, SBA loans for women (and for any business owner) come with a government gua...

https://worldfinance.tumblr.com/post/657100089442041856 : “Making matters worse, Wells Fargo concealed from the public that it was reshuffling the PPP applications it received and prioritizing the applications that would make the bank the most money,” the lawsuit filed in California alleged. worldfinance.tumblr.com/post/657100089442041856 from Tumblr https://ift.tt/2UVyGJo via IFTTT

Lawsuit alleges Wells Fargo unfairly shuffled Paycheck Protection Program applications Dalvin Brown USA TODAY Published 8:38 PM EDT Apr 19, 2020 A California-based company filed a class-action lawsuit against Wells Fargo citing unfair actions against some small businesses seeking government-sponsored coronavirus relief under the Paycheck Protection Program.  In March, the Treasury Department announced the $349 billion forgivable loan plan for small businesses that helps them pay employees during the ongoing COVID-19 crisis. The fund ran out of money on Friday. The lawsuit filed on behalf of small business owners on Sunday alleges that Wells Fargo unfairly prioritized businesses seeking large loan amounts, while the government’s small business agency has said that PPP loan applications would be processed on a first-come, first-served basis.  The move by Wells Fargo meant that the bank would receive millions more dollars in pro...

https://worldfinance.tumblr.com/post/657009487028289536 : The checks are flowing: Here’s how Americans are spending coronavirus stimulus payouts The filing against Wells Fargo is one in a series of lawsuits lodged against big banks on behalf of small businesses late Sunday. worldfinance.tumblr.com/post/657009487028289536 from Tumblr https://ift.tt/2To3qCA via IFTTT

Lawsuit alleges Wells Fargo unfairly shuffled Paycheck Protection Program applications Dalvin Brown USA TODAY Published 9:39 AM EDT Apr 20, 2020 A California-based company filed a class-action lawsuit against Wells Fargo citing unfair actions against some small businesses seeking government-sponsored coronavirus relief under the Paycheck Protection Program.  In March, the Treasury Department announced the $349 billion forgivable loan plan for small businesses that helps them pay employees during the ongoing COVID-19 crisis. The fund ran out of money on Friday. The lawsuit filed on behalf of small business owners on Sunday alleges that Wells Fargo unfairly prioritized businesses seeking large loan amounts, while the government’s small business agency has said that PPP loan applications would be processed on a first-come, first-served basis.  Save better, spend better: Money advice delivered right to your inbox. Sign up here The m...

https://worldfinance.tumblr.com/post/656918889711779840 : Kanye West’s clothing and sneaker brand Yeezy received a loan from the federal government’s pandemic rescue fund worth between $2 million and $5 million, helping it save 106 jobs, according to data released by the U.S. Treasury Department on Monday. worldfinance.tumblr.com/post/656918889711779840 from Tumblr https://ift.tt/3hIOfgn via IFTTT

Kanye West’s clothing and sneaker brand Yeezy received a loan from the federal government’s pandemic rescue fund  worth between $2 million and $5 million, helping it save 106 jobs, according to data released by the U.S. Treasury Department on Monday. Yeezy, best known for its $250 sneakers, just announced a major deal with Gap that will have the rap superstar designing hoodies and T-shirts that will be sold in the chain’s 1,100 stores around the world. A representative for Yeezy did not immediately respond to request for comment. This weekend, West announced on Twitter that he was  running for president . Get Breaking News Delivered to Your Inbox Some other well-known fashion and retail names whose business was pummeled by store closings across the country also received the 1% loans that can be forgiven if worker-employment goals are met. The list included high-end designers Oscar de la Renta and Vera Wang and suit maker Hickey Freeman, all of which got loans in the $2 m...

https://worldfinance.tumblr.com/post/656828301284900864 : Shake Shack, Ruth’s Chris, chain restaurants got big PPP loans when small business’ couldn’t - CNN worldfinance.tumblr.com/post/656828301284900864 from Tumblr https://ift.tt/2US71c9 via IFTTT

“It’s a reminder to small businesses that our voices are dampened,” Richardson told CNN Business. “What are we doing this for? Why are we in business just to be told we’re not good enough because we’re not big enough?” As a result of a heavily lobbied exemption , larger food-service operations landed $10 million loans from the PPP. These include Potbelly ( PBPB ) Sandwich Shop and Shake Shack ( SHAK ), which has upward of $100 million in cash on hand, as well as Fiesta Restaurant Group Inc ( FRGI )., the owner of Taco Cabana . Kura Sushi USA Inc ( KRUS )., the largest revolving sushi chain in the US, disclosed a nearly $6 million loan . Operators behind the Ruth’s ( RUTH )Chris steakhouses and the J. Alexander’s ( JAX ) restaurant chains received loans of $20 million and $15.1 million , respectively. Non-restaurant companies also landed large loans, including coal miner Hallador Energy ( HNRG ), which announced its $10 million PPP loan alongside other liquidity maneuvers such ...

https://worldfinance.tumblr.com/post/656737702041075712 : “We should do more than thanking them” and forgiving loans is a “concrete” way to do that, Maloney said. worldfinance.tumblr.com/post/656737702041075712 from Tumblr https://ift.tt/3rcwngY via IFTTT

Healthcare workers who are responding to the coronavirus pandemic could have their public and private student loans forgiven under a new bill from Rep. Carolyn Maloney.  Maloney’s bill would forgive loans from medical school or other professional education.  Nurses, doctors, and other healthcare workers would be eligible for the loan relief, though a special commission would ultimately determine eligibility.  Rep. Carolyn Maloney announced a bill on Tuesday to forgive public and private student loans for healthcare workers on the frontlines of the coronavirus pandemic.  The bill, if passed into law, would forgive loans incurred from medical school or other professional education, and the amount of loans relieved has “absolutely no cap,” Maloney said in a press call.  Nurses, doctors, and other healthcare workers who are responding to the COVID-19 crisis would be eligible for the relief from the “Student Loan Forgiveness for Frontline Health Workers Act....

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https://worldfinance.tumblr.com/post/656556501340651521 : Later tonight, Morissette will offer a preview of the upcoming tour when she delivers a full album performance of Jagged Little Pill at the Apollo Theater in New York City. worldfinance.tumblr.com/post/656556501340651521 from Tumblr https://ift.tt/2VC9VSY via IFTTT

Alanis Morissette will mark the 25th anniversary of her seminal album Jagged Little Pill by embarking on a North American tour in Summer 2020. The 31-date outing runs the course of June and July 2020. Each date will feature a full performance of Jagged Little Pill by Morissette in addition to material from the rest of her catalog. In fact, to coincide with today’s tour announcement, she’s released a brand new song called “Reasons I Drink” from an upcoming album titled Such Pretty Forks in the Road , due out on May 1st, 2020. Take a listen to the song below. If all that weren’t enough, Morissette will be joined on the road by fellow 90’s alt-rock champions Garbage and Liz Phair . Tickets to Morissette’s “Jagged Little Pill Tour” go on sale beginning Friday, December 13th via Ticketmaster . Once they’re sold out, you can find them here via Stubhub. Later tonight, Morissette will offer a preview of the upcoming tour when she delivers a full album performance of Jagged Little Pi...