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Platforms Use Payments Data to Push Deeper Into Merchant Credit
A merchant that once represented a stream of transaction fees can now represent a lending relationship, and second-quarter earnings results show payments platforms putting more money behind that proposition. Block and PayPal and others already have a financial relationship with businesses, where lending extends that relationship into working capital and creates revenue that does not…
CFOs On the Move: Week ending Aug. 21
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. Edmund Reese | Aon Edmund Reese has stepped down as finance chief and EVP of Aon after two years in the role “to pursue opportunities outside the firm,” the company said in a Monday press release. Before…
Mixue shares extend slide after profit drop as drinks chain sees costs rise
Pedestrians pass a MIXUE Ice Cream & Tea store in Yantai, China, on April 1, 2025. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Shares of Chinese ice cream and beverages chain Mixue Group fell more than 7% in Hong Kong on Friday, extending losses to a second straight session after…
Bank of America CEO Plays a Secret Game on Analyst Calls
Key Takeaways Brian Moynihan is the CEO of the second-largest bank in the U.S. and has been in the position for 16 years. Moynihan regularly uses words like “gainsay,” “concomitant” and “fantods” as part of a secret game he plays on analyst calls. Sometimes his diction can lead to confusion, with different transcription services recording…
SWENSON Completes Landmark Big Wave Center — SWENSON
Project transforms a two decades-long vision into an inclusive residential community for adults with disabilities Big Wave Center SAN JOSE, Calif. – July 24, 2026 – PRLog — SWENSON, a leading Northern California real estate development, architecture, and construction firm, today announced completion of the Big Wave Center, a 50,000-square-foot residential community in…
Daniel Lubetzky’s 3 Steps to Turn a Wild Idea Into a Viable Business
Daniel Lubetzky knows firsthand that great business ideas can sound far-fetched at first. But the “Shark Tank” investor and Kind Snacks founder says entrepreneurs should not dismiss their most outlandish ideas too soon because they’re the ones that can turn into some of the most successful businesses. “Out of those crazy things — that’s when…
