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Bradley Dickerson

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Distressed Steak ‘N Shake Narrowly Avoids Bankruptcy

Like many other restaurants, Steak 'n Shake became a distressed dining facility due to COVID-19. But similar to the brands that have...
Brex

Brex Files Application for Industrial Bank Charter with FDIC

Fintech Brex announced in a statement on Feb. 19 that it has submitted an application with the Federal Deposit Insurance Corporation (FDIC)...

New High Yield Bond Ratings February 15 – February 19, 2021

At least 25 companies received a revision on high yield bond ratings during the week of February 15 - February 19, 2021....

Varo Bank raises $63 million from NBA player Russell Westbrook

Varo Bank raised $63 million from NBA all star player Russell Westbrook’s organization, Russell Westbrook Enterprises. Westbrook will join Varo Bank as...

SPAC Aurora Acquisition Corp. Goes Public Looking at European, Middle Eastern, and African Technology...

Aurora Acquisition Corp. has filed paperwork with the SEC announcing its IPO. Moreover, this deal registers 23 million units to publicly trade...

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Root Inc. Announces Pricing of IPO

Root Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, announced the pricing of its IPO on Monday, Oct. 27. Shares...

Lone Star Acquires McCarthy & Stone

Lone Star acquires McCarthy & Stone in a £630 million all-cash deal. Subsequently, the London-based retirement home builder's shares increased 43 percent...
E-Commerce Walmart Goldman Sachs

Walmart Partners with Goldman Sachs to Offer Business Credit Lines

Small and medium-sized businesses that sell on Walmart (WMT) Marketplace were invited on Sept. 22 to apply for business lines of credit...
The Federal Reserve extended four lending programs.

Federal Reserve: Share Buy-Back, Dividend Cap Extended Through Q4

The Federal Reserve is extending its ban on Wall Street banks of stock buy-back and capping dividends payments through the end of...

Industry Leaders: Working Digitally Spells “Bonanza Opportunity” for Investments

On Thursday, The Information held a video summit titled "Outside the Bay Area: Opportunities for Startups in Tech Hubs Post-Corona." Jessica Lessin,...