Apple: Heads You Win, Tails You Don't Lose

Key insight: Though FirstSun Capital characterized a $22 million fraud-related loss as “isolated,” another lender said fraud is becoming an increasingly serious problem. Forward look: FirstSun said its second-quarter charge-offs could reach $43 million, compared with less than $11 million for the three months ending March 31. Expert quote: “We treat everything we receive as…

Law firm Nutter is taking more office space at one of the Durst Organization’s buildings near Grand Central Terminal, Commercial Observer has learned. Nutter, which is based in Boston and provides personal and business legal services, has signed a deal to renew its existing 5,719 square feet on the 27th floor of Durst’s 5 Grand…

Marvell Technology (MRVL -5.57%) disclosed an expanded custom chip agreement with Google on Aug. 19, complete with a warrant tied to as much as $120 billion of future purchases — and investors in Broadcom (AVGO +1.21%) treated the news as their problem. Broadcom, which designs the in-house TPU chips of Google parent Alphabet (GOOG +1.05%)(GOOGL…

“Whenever there’s uncertainty, everyone sort of stops,” he said. “The buyers stop, the sellers stop and wait. We’ve a little more price volatility, and some producers may be able to capture higher prices and absorb some of the duties going across the border. But other products, probably not.” Economists have also highlighted risks to the…

HermèS: 3 Reasons To Buy Despite Challenging Luxury Market

Nasdaq Verafin and Q6 Cyber have partnered to help financial institutions identify and respond to emerging fraud and scan threats, Nasdaq Verafin said in a Thursday (Aug. 27) press release emailed to PYMNTS. The partnership will add Q6 Cyber’s dark web fraud intelligence to Nasdaq Verafin’s consortium data insights, making both resources available to financial…