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City First CEO explains why black-run banks matter

NEW YORK (AP) – Last month, predominantly black banks City First Bank in Washington DC and Broadway Financial in Los Angeles announced they would merge to create the United States’ largest minority depository institution, or MDI. MDIs are banks and financial services companies majority owned by racial and ethnic minorities. …

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Alaska Journal | Low interest rate, PPP loans boost banking gains for 2020

Homebuyers taking advantage of record interest rates and businesses using federal disaster funds led to a record year for Alaskan banks. The three largest Alaska-based banks all saw an increase in their annual revenues and achieved total asset growth of over 15% in 2020. Anchorage-based Northrim led the way with …

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Valo Raises $ 190 Million in Series B Funding, Unveils Selected Therapeutic Programs

BOSTON, January 11, 2021 / PRNewswire / – Valo Health LLC (Valo), the technology company dedicated to transforming the process of drug discovery and development and accelerating the creation of life-changing drugs, closed a $ 190 million Series B funding and unveiling of selected therapeutic programs. Valo will discuss these …

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Police suspect foul play as flames destroy Shiawassee County house

SHIAWASSEE COUNTY, MI – Police suspect the house fire on Saturday night in Shiawassee County was not an accident. Soldiers responded to reports of a fire at 8:15 p.m. on October 10 in the 1500 block of South Riniel Road in Venice Township, about 20 minutes west of Flint, police …

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Deer follows 77-year-old Colorado woman home, eats food, attacks her

through: Dara Bitler, KDVR, Nexstar News Wire Posted: February 4, 2021 / 7:50 AM CST / Update: February 4, 2021 / 7:50 AM CST Getty Images This is an archived article and the information in the article may be out of date. Please look at the history’s timestamp to see …

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Gallery Furniture accused of stealing intellectual property from FOMO Factory

Rachel Youens caused a sensation in May 2019 when she opened FOMO Factory in the Galleria space formerly occupied by BBVA. The old 6,100 square foot office has been converted into a colorful maze of “experiential retail” art exhibits: a camp room with a tent, canoe and binoculars; a game …

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SpaceX’s Crew Dragon astronaut taxi works “wonderfully” on ISS: NASA seeks backup

Last November, three Nasa JAXA astronauts and an astronaut traveled to the International Space Station via SpaceX’s Crew Dragon astronaut taxi, in a capsule named “Resilience”. This is SpaceX’s first fully operational mission under its contract with NASA. A The Verge report, said Kathy Lueders, chief of human spaceflight at …

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JICA grants 16,186 crore rupees in ODA loans to 4 Indian projects

The Japan International Cooperation Agency (JICA) on Friday signed agreements with the Indian government for official development assistance (ODA) loans worth Rs 16,186 crore for four projects. “The projects initiated this time contribute to a vital area of ​​development in India and to a quality infrastructure to achieve the Sustainable …

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Milton Savings Bank Announces New CEO | News, Sports, Jobs

The board of directors of Milton Savings Bank recently announced a change in the bank’s executive management. As of March 22, Robert “Bob” Crane has been appointed Managing Director of Milton Savings Bank. Crane will replace Scott Pfaff who worked for the bank for over 9 years. In a recent …

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Just canceled $ 1 billion in student loans for around 72,000 defrauded borrowers

Supachok Pichetkul / EyeEm / Getty Images The Department of Education has just said that it is canceling the debt of approximately 72,000 defrauded student borrowers. This reverses a Trump-era policy that granted only partial debt relief to defrauded students. Borrowers are still struggling to repay their debts after for-profit …

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