Financing Agreements
- Stock Market
FTC proposes new rule to eliminate ‘deception’ and ‘fraudulent add-on products’ in car-buying process
The Federal Trade Commission is considering a move to eliminate junk fees and bait-and-switch advertising from the car-buying process, according…
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Crypto lender BlockFi gets $250 million bailout from FTX
Crypto lender BlockFi announced Tuesday it had received a $250 million revolving line of credit from crypto exchange FTX to…
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Upstart stock set to shed more than half its value as earnings highlight ‘perfect storm of headwinds’
Shares of Upstart Holdings Inc. are on track to lose more than half their value in Tuesday’s session after the…
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Amazon and Visa reach fee-payment agreement
Visa and Amazon.com have settled a dispute over payment fees, and the credit card will now be accepted across all…
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Cannabis-banking bill approved by House; future in Senate uncertain
Marijuana-related businesses would have one industry obstacle — access to the U.S. banking system — made less burdensome under a…
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Square’s in-house bank kicks off operations
Shares of Square Inc. rose 3.7% in after-hours trading Monday after the company said that its industrial bank has started…
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Boeing borrows $9.8 billion in the bond market to repay bulk of its draw on loan facility
Boeing Co. BA, +2.60% borrowed $9.825 billion in the corporate bond market on Tuesday through a three-part financing that will…
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Macy’s to close another 45 stores this year
Macy’s Inc. said Tuesday it will close about 45 department stores this year as part of its ongoing restructuring plans.…
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