Elon Musk Can’t Stand Sam Altman, but He Just Made a Surprising Proposal

Key takeaway: Executives at two community banks said the mortgage business provides an opportunity to introduce customers to other bank products and services. Expert quote: “We’ve always felt like if we get a customer’s mortgage, it increases our opportunity and probability to be that customer’s bank.” —Jim Edwards, United Bank CEO What’s at stake: Changes…

A giant American flag hanging on the wall of a warehouse in New Hampshire hints at the national importance of the elements bound inside the mining waste stored in 1-ton bags. The company uses electrolysis to separate the key critical elements President Donald Trump’s administration desperately wants to produce domestically from the powder left behind…

Deloitte agreed to pay $21.5 million to settle U.S. Department of Justice allegations that its diversity, equity and inclusion practices failed to comply with federal antidiscrimination requirements in violation of the False Claims Act, according to a settlement agreement shared Tuesday by the department.  “Government contractors cannot reward or penalize employees based on race or…

Reserve Bank of India (RBI) Deputy Governor Shirish Chandra Murmu on Thursday asked non-banking financial companies (NBFCs) and housing finance companies (HFCs) to diversify their funding sources and reduce their vulnerability to shifts in market sentiment, as the sector enters a new phase of growth.   “Entities must diversify their funding sources. A deep, liquid…

Would you trust someone with your money if the “interview” for the job was a fifty-page pitch deck and a decade-long commitment? That’s essentially what happens every time someone becomes a limited partner in a venture capital fund. I sat down again with former Wharton professor and venture capitalist David Bell for part two of…