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Variety’s Business Managers Elite of 2024

by edo

David LevinManaging Director, David Levin Business Management, a division of Adeptus AdvisorsEllis BeberPartner, Business Management, David Levin Business Management, a division of Adeptus AdvisorsMichael NelsonPartner, Business Management, David Levin Business Management, a division of Adeptus AdvisorsAllison NewspaperSenior Director, Business ManagementAdeptus Advisors The foursome’s clients include many music industry talents: John Legend, the Black Crowes, Journey, Madison Beer, Hailey Bieber, BoyWithUke, … Read more

Rivian stock rises as company expands joint venture with Volkswagen

by edo

Rivian (RIVN) stock rose as much as 16% in early afternoon trading Wednesday after the EV maker has announced an extension of its partnership with Volkswagen (VWAGY), with the German automaker pouring more money into a joint venture. The joint venture (JV), initially announced in Junewill use Rivian’s electrical architecture – known as “zonal architecture” – and associated software stack … Read more

AI companies are apparently struggling to come up with new and better products

by edo

Artificial intelligence (AI) may hit a dead end thanks to data shortages and technological limitations, according to a report of Bloomberg. It’s been almost three years since generative AI burst onto the scene in the form of chatbots, AI image generators and music generators. Such a big leap forward has left many wondering what’s next. So have excited tech companies … Read more

HomeTrust Bank is nationally recognized for financial performance and workplace culture

by edo

HomeTrust Bancshares, Inc. ASHEVILLE, NC, Nov. 13 2024 (GLOBE NEWSWIRE) — HomeTrust Bancshares, Inc. (NASDAQ: HTBI) (“Company”), the holding company of HomeTrust Bank (“Bank”, “HomeTrust” or “HTB”), today announced that the Bank is 156 in the Top 200 of Newsweek Magazine‘s America’s Most Loved Workplaces® list, developed by Most Loved Workplace®, a division of Best Practice Institute (BPI). In addition, … Read more

SPS Trading named to Forbes’ America’s Best Companies 2024 list

by edo

SPS Trade (NASDAQ: SPSC) is named after Forbes America’s Best Companies 2024 list, showcasing its excellence in retail supply chain cloud services. The selection process evaluated more than 60 metrics across 11 categories, including employee and customer sentiment, financial strength, DEI and sustainability. SPS Commerce was one of 300 companies nationwide to receive this recognition. … Read more

Ultimate Finance adds two employees to strengthen its Northern team

by edo

Ultimate Finance, an asset-based lender, has expanded its Northern team in pursuit of its goal of becoming the preferred funding partner and offering five-star rated lending options to more organizations than ever before. Earlier this year, Michael Beer was promoted by the sponsor to the position of sales director for the North. Bier has been with the company for a … Read more

The hardest part of implementing gen AI for most companies

by edo

As boards of directors call for the deployment of artificial intelligence, IT managers like chief information officers know that there is more to the story than having a solid AI use case. The challenge preventing technology leaders from deploying AI isn’t actually generating a model and rolling it out, says Prukalpa Sankar, co-founder of data catalog and management software Atlan. … Read more

Mortgage companies that borrowers are most satisfied with, according to JD Power

by edo

Home loan lenders who guide borrowers through the mortgage process earn the best reviews, according to a new study. However, customer satisfaction has declined overall over the past year, and stubbornly high mortgage rates may be partly to blame. JD Power has released a new list of mortgage lenders ranked by customer satisfaction. The 2024 Mortgage Origination Satisfaction Study has … Read more

Dow, S&P 500, Nasdaq rise as inflation pressures keep Fed rate cut on track

by edo

New inflation data released on Wednesday showed consumer prices rose as predicted in Octoberwhich keeps the Federal Reserve on track to cut interest rates again in December. “There is progress on inflation,” Claudia Sahm, chief economist at New Century Advisors, told Yahoo Finance after the release of the data. “We’re being pointed in the right direction, but it’s been a … Read more

Fear of delay over loan scandal payouts

by edo

Getty Images People who were mis-sold finance deals when they bought cars can delay potential compensation payouts. A decision by judges at the Court of Appeal has blown open an ongoing saga into hidden commission payments, with buyers potentially in line for payouts totaling billions of pounds. Now the Financial Conduct Authority (FCA) is consulting to give traders extra time … Read more

Spirit Airlines stock plunges 60% as the company reportedly prepares to file for bankruptcy

by edo

Spirit Airlines stock (SAVE) fell as much as 64% early Wednesday, the most on record, as the budget airline explores a deal with creditors to restructure its debt amid a reported threat of bankruptcy following merger talks with Frontier (ULCC) collapsed. On Tuesday, a Wall Street Journal report said the airline is preparing to file for bankruptcy protection within weeks … Read more

Old National Bank Launches Digital Finance Education Suite with Podcast, Video Series

by edo

Old National Bancorp (NASDAQ: ONB) launches two new digital financial education initiatives: the Real-Life Finance Podcast and Smart Money Half-minute video series. Hosted by Director of Financial Empowerment Ben Joergens, the podcast focuses on everyday financial solutions, while the weekly videos feature young adults sharing financial management advice. The initiatives complement Old National’s existing Real-Life … Read more