OAK CREEK, Wis. — Zund America Inc., a Swiss company based out of Oak Creek and best known for its digital cutting products and services, is expected to pay more than $2.3M for allegedly violating the False Claims Act by submitting PPP Loan claims it was ultimately intelligible for. According to the U.S. Attorney’s Office for … Read more
US President Joe Biden speaks during an event in Madison, Wisconsin, US, on Monday, April 8, 2024. Daniel Steinle | Bloomberg | Getty Images With weeks to go before President-elect Donald Trump takes office, the Biden administration is still taking steps to deliver sweeping student loan forgiveness to millions of Americans. The U.S. Department of … Read more
Ford’s BlueOval City in Tennessee takes shape: Watch the progression Ford plans to train West Tennessee residents for jobs at its Tennessee Electric Vehicle Center and start hiring hourly employees in 2025. As part of the Biden-Harris Administration’s Investing in America agenda, the U.S. Department of Energy’s Loan Programs announced Monday the closing of a … Read more
A college and university education typically requires student loans, but paying them back can be … [+] challenging. getty The typical student takes on over $30,000 in student loans to earn a bachelor’s degree, with the average borrower amassing $37,853 in student loan debt. While these loans make higher education accessible for millions of students … Read more
S&P Global Ratings upgraded ratings on two classes and affirmed ratings on three classes in PenFed Auto Receivables Owner Trust 2022-A. TYSONS, Va., Dec. 16, 2024 /PRNewswire/ — PenFed Credit Union, the nation’s second-largest federal credit union, received notable upgrades on the ratings of the bonds issued through its inaugural prime auto loan securitization offering … Read more
In a strategic financial move, Coterra Energy (NYSE:) Inc. has entered into a credit agreement for term loans totaling $1 billion. The deal, recorded on December 10, 2024, involves a $500 million Tranche A term loan and an identical Tranche B term loan. Coterra Energy, a Delaware-incorporated company specializing in crude petroleum and , is … Read more
US president-elect Donald Trump after a meeting at The Elysee Presidential Palace in Paris on … [+] December 7, 2024. Trump has been calling for the elimination of the Department of Education, which could impact student loan forgiveness and repayment programs. (Photo by Magali Cohen / Hans Lucas / Hans Lucas via AFP) (Photo by … Read more
The U.S. Energy Department on Monday said it had finalized a direct loan of up to $9.63 billion to the joint venture of Ford Motor Co. and Korean battery partner SK On Ltd. for the construction of three electric vehicle battery plants in Tennessee and Kentucky. The loan is the largest from the department’s Advanced … Read more
AaronAmat / iStock.com Holiday shopping kicked off on Black Friday for many people. As Americans continue shopping for their family and friends this month, they might be taking a hit to their finances during a year when many are getting by paycheck to paycheck. According to a new survey from Debt.com, out of 1,000 Americans asked, … Read more
Dublin, Dec. 16, 2024 (GLOBE NEWSWIRE) — The “Loan Brokers Market Opportunities and Strategies to 2033” report has been added to ResearchAndMarkets.com’s offering. This report describes and explains the loan brokers market and covers 2018-2023, termed the historic period, and 2023-2028, 2033F termed the forecast period. The report evaluates the market across each region and … Read more