Author: Press Room
When lawyers work on commercial real estate or other transactions, they typically charge for their time by the hour. If the transaction doesn’t close, the bill is the same as if it did close. Clients who face those bills don’t like them. These bills cause maximum pain if the transaction nearly closed and the lawyer kept working on it—running up time and legal fees—until the very end. Might it make more sense to have the lawyers agree they’ll get paid only if the deal closes? That would let a client avoid the risk of having to pay for a transaction…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Based on data compiled by Credible, mortgage rates for home purchases have held steady across all key terms since last Friday. Rates last updated on March 27, 2023. These rates are based on the assumptions shown here. Actual rates may vary. Credible, a personal finance marketplace, has 5,000 Trustpilot reviews with…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. Whether you’ve just taken out your first card or your score simply needs a boost, odds are good that you’re looking to build credit fast. The truth is that having a good credit score can open the doors to so many things. For example, when combined with a down payment, a…
Tech stocks lifted the S&P 500 into the green Thursday as the market wrapped up the short trading week on a high note despite signs of a weakening labor market.The S&P 500 rose 0.36% to 4,105.02 after losing as much as 0.50% earlier. The tech-heavy Nasdaq Composite outperformed with a 0.76% gain to 12,087.96, boosted by a 3.78% rise in Google-parent Alphabet and a 2.55% rally in Microsoft shares. The Dow Jones Industrial Average inched 2.57 points higher to 33,485.29 after losing more than 150 points at its session low.The S&P 500 still lost 0.1% on the week, posting its…
In a challenging market, investors should look to “well-known, great American companies with beaten down stocks,” CNBC’s Jim Cramer said Wednesday.There are three companies that Cramer thinks have compelling stories and strength, even if their stock prices don’t necessarily reflect that: Johnson & Johnson, Eli Lilly, and Procter & Gamble.At Johnson & Johnson, a bruising yearslong battle with lawsuits linked to the company’s talc powder battered the stock, Cramer said.An attempted bankruptcy maneuver was struck down by an appeals court, Cramer continued, leaving his Charitable Trust’s play exposed. But J&J’s recently announced settlement with many of the claimants leaves the…
In the wake of the 2016 presidential election, as online platforms began facing greater scrutiny for their impacts on users, elections and society, many tech firms started investing in safeguards. Big Tech companies brought on employees focused on election safety, misinformation and online extremism. Some also formed ethical AI teams and invested in oversight groups. These teams helped guide new safety features and policies. But over the past few months, large tech companies have slashed tens of thousands of jobs, and some of those same teams are seeing staff reductions. Twitter eliminated teams focused on security, public policy and human…
Watch full video on YouTube
Bitcoin mining firm Sphere 3D is suing Gryphon Digital Mining, its business partner, for losing about $500,000 worth of Bitcoin due to a spoofing attack. The firm accused Gryphon CEO Rob Chang of sending 18 Bitcoin to a fraudster who pretended to be Sphere 3D’s CFO in January. A few days later, another eight Bitcoin were transferred using the same method, according to a Saturday press release.Furthermore, Sphere 3D alleged that Gryphon provided poor services to its partner and misrepresented the Bitcoin miner’s computing power in public disclosures.“Today we filed litigation against Gryphon, the custodial management services provider of our blockchain and…
Watch full video on YouTube
Some Credit Suisse shareholders had angry words for the board at its final annual general meeting. One investor held up walnut shells and said they were worth as much as a single share of the bank. Credit Suisse was acquired by rival UBS after the 167-year-old Swiss bank’s stock crashed last month. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Shareholders at Credit Suisse’s last-ever annual meeting vented their frustration, anger, and disappointment in remarks directed to the bank’s board.The 167-year-old Swiss bank saw…
