NextCar to partner with Westlake Financial
The agreement between the vehicle subscription service startup founded by former Fair CEO Scott Painter and Westlake will include a $400 million debt facility. Westlake will handle origination and servicing......»»
Peloton announces $95 “used equipment activation fee”
"Completely ridiculous." Enlarge (credit: Peloton) Peloton will start charging people a one-time $95 "used equipment activation fee" for used bikes purchased from outside of Peloton and its official distribution partner.....»»
Grammarly should be your next AI writing partner for all things text
Not everyone is a writer, and that's okay. But Grammarly could be your next AI writing partner ensuring your content is clear, concise and correct. Learn more......»»
1 Thing We"re Talking About: MyKaarma, Sunbit integrate to bring customers flexible repair payment options
Service drive payment and communication platform myKaarma has integrated with Sunbit, a financial technology solution provider found at more than half of U.S. franchised dealerships......»»
Social responsibility audits can bias financial ones
During the past decade, auditors have found a booming new business: reviewing reports on companies' environmental, social, and governance (ESG) activities. ESG reporting among S&P 500 companies grew 80% from 2010 to 2020, with nearly half the compani.....»»
Data leak affecting everyone in the US, UK, and Canada was even worse than we thought
Hard as it may be to imagine, the massive data leak – which appears to include the personal data of everyone in the US, UK, and Canada – was even worse than we thought. In a truly epic security fail, the same data was hosted by a partner compa.....»»
Five years later, the Apple Card is a huge but controversial success
On August 20, 2019, Apple officially launched Apple Card with any US citizen able to apply. Since then it's been a hit, but it's faced controversy over everything from low reward rates to alleged sex discrimination — and Apple's partner wanting to.....»»
Struggling pet owners feel pain of hard choices
Pet owners in financial difficulty can face "heart-wrenching" dilemmas about how to help animals that need unexpected veterinary care, a study suggests......»»
Aston Martin renews private-label captive finance deal with Chase Auto
Aston Martin will continue to use Chase Auto as the private-label lender behind the captive finance company Aston Martin Financial Services following a renewal of their partnership announced Aug. 13......»»
Solera Auto Finance bought by managers, Obra Capital; now called Arra Finance
Solera Auto Finance's leadership has purchased the lender in a management buyout with partner Obra Capital and renamed the company Arra Finance. It will write subprime auto loans at new- and used-car dealerships......»»
Facing “financial crisis,” Russia on pace for lowest launch total in 6 decades
"This forces us to build a new economy in severe conditions." Enlarge / A Soyuz 2.1b rocket booster with a Frigate upper stage block, the Meteor-M 2-1 meteorological satellite, and 18 small satellites launched from the Vostochny.....»»
Intel and Karma partner to develop software-defined car architecture
They will also offer the architecture to other tier 1s and OEMs. Enlarge / Karma was started in 2014 when the Wanxiang Group purchased the assets of the then-recently defunct Fisker (a different incarnation of the Fisker than jus.....»»
Study shows companies can profit by aligning financial goals with social aims
International research involving Monash University has shown that businesses can achieve financial success by embracing critical global issues such as climate change, poverty, human rights violations and medical breakthroughs as a core mission......»»
JLR, Chery Freelander revival solves problem with China plant
JLR’s Chinese partner, Chery, will build a family of Freelander-branded electrified models at the automakers’ joint venture plant in Changshu......»»
Karma Automotive and Intel to partner on software-defined vehicle architecture development
Karma Automotive and Intel plan to partner on software-defined vehicle architecture development......»»
Study finds 94% of business spreadsheets have critical errors
A recent study has found that 94% of spreadsheets used in business decision-making contain errors, posing serious risks for financial losses and operational mistakes. This finding highlights the need for better quality assurance practices......»»
Guardio Critical Security Alerts monitors and analyzes scam activities
Guardio launched a new feature, Critical Security Alerts, which enables real-time alerts to identify and prevent financial scams, ensuring immediate intervention when suspicious browsing patterns are detected. According to the Federal Trade Commissio.....»»
When godliness goes up, financial advisor misconduct goes down
Every day, financial advisors take perhaps the toughest ethical test in America. Entrusted with managing more than $30 trillion in assets by clients who are relatively naïve in the ways of financial markets, they face constant temptations and opport.....»»
Locked out of banking: Incarceration is associated with decreased bank account ownership
People who have served time in jail or prison are less likely to have bank accounts after they are released than they were before serving time, which may hinder their long-term financial security, according to new research......»»
LG Display wants compensation for Apple Watch MicroLED project closure
LG Display has seemingly become the latest victim of Apple's apparent cancellation of microLED displays for the Apple Watch, but the supply chain partner is seeking compensation for the project's closure.An Apple Watch Ultra displayThe cancellation o.....»»
How McLaren aims to match Ferrari, Lamborghini on profitability
CEO Michael Leiters, who joined the British automaker from Ferrari in 2022, says focusing on value over volume will help turn around McLaren, as will adding a partner to help reduce costs for platforms and new tech......»»