Corporate news, financial markets, and economic trends
The U.S. Department of Agriculture (USDA) has made available the lending rates for January 2025, which serve as important financial information for agricultural producers to plan their operations for the next year. Key Lending Rates for January 2025 Farm Operating Loans: The direct operating loans have an interest rate of 3.25%, which gives farmers access…
Fargo Public Library has launched two engaging reading challenges to welcome the New Year. It aims to inspire residents of all ages to develop a love for reading and learning. 2025 Winter Reading Challenge: Set for January 1 to February 28, the challenge encourages registrants to create personal reading goals and explore many genres. Those…
According to a federal lawsuit filed Thursday, the U.S. Department of Justice has levied an amended complaint against fintech company Dave Inc. as well as Chief Executive Jason Wilk for committing federal law relating to deceptive practices in marketing. This comes shortly after the referral of the same case by the Federal Trade Commission to…
Vestas, one of the world’s leading manufacturers of wind energy solutions, has received the order to provide turbines for an offshore wind project of 315 MW, which will be located off the coast of Japan. The company intends this order to be in line with a future trend towards renewable energy. Under the deal, Vestas…
Many people are signing up for Dry January, the sober challenge that starts this New Year. Dry January has become increasingly popular globally whether it is because of health concerns, a new beginning after the holiday season, or an interest in sober lifestyles. Here is everything you need to know about how it works and…
After the court vacated its first implementation order, pushing deadlines for compliance to January 13, 2025, for specific entities. As such, businesses are hereby advised to prepare for compliance with upcoming reporting requirements or face the consequences. Corporate Transparency Act: Recent judicial developments have reinstated the Corporate Transparency Act, which seeks to enhance transparency through…
A global ‘Whistle-Up’ will be organized from noon on 1st January, 2025 to celebrate the bicentenary of the birth of the modern railway. Organised by Heritage Railway Association with more than 50 heritage railways participating with some 200 locomotives globally, people are being asked to tweet their events and honk their horns or sound their…
Two California residents have been charged with defrauding cryptocurrency investors of about $22 million in the largest NFT fraud case ever tried. In what authorities claim is the largest non-fungible token (NFT) fraud scheme ever prosecuted, two Californians are charged in a landmark case with defrauding cryptocurrency investors out of over $22 million. Defendants and…
Party City has declared that it plans to liquidate all of its 700 locations nationwide as its financial troubles worsen and has filed for Chapter 11 bankruptcy protection for the second time in two years. For the second time in two years, Party City Holdco Inc., the largest party supply store, filed for Chapter 11…
In response to such comments from the FCA pertaining to Consumer Composite Investments by the Association of British Insurers, they respond, “Laws are going to have to get rebalanced if laws were to protect the customers from these new investment structures in a way that enables an innovative market. Associates of British insurers viewed as…
