February 08, 2024
Zillow Debuts Individual Room Listings as Housing Costs Climb
Zillow has begun targeting customers who want to rent — or rent out — a room. The real estate website announced Thursday (Feb. 8) that its platform now gives users the...
February 07, 2024
Pagaya Secures $280 Million Credit Facility for AI-Driven Consumer Finance...
Pagaya Technologies has secured a credit facility worth $280 million from top global asset managers and financial institutions. This facility, consisting of a $255 million term loan and a $25 million...
February 06, 2024
Berkshire Hathaway Affiliate Seeks Supreme Court Intervention in Real Estate...
A brokerage affiliated with Berkshire Hathaway has petitioned the US Supreme Court to resolve a critical question regarding arbitration within real estate contracts. This move comes in the wake of...
February 06, 2024
WeWork Co-Founder Hopes to Buy Back Bankrupt Company
The founder of bankrupt co-working startup WeWork reportedly hopes to buy back the company. Adam Neumann and other investors have been trying to get information from the company since late last year...
February 05, 2024
Banks Report Tighter Standards, Lower Demand for Lending in Q4
Banks tightened their standards on loans to both businesses and households in the fourth quarter. They also saw lower demand for lending during that period, the Federal Reserve reported Monday (Feb. 5). “While...
February 05, 2024
SS&C Disputes Data Misuse Damages and Asks $889 Million From...
Canadian FinTech SS&C is reportedly accusing banking giant BNY Mellon of data misuse. The long-standing legal dispute is returning to court, Bloomberg News reported Monday (Feb 5), with SS&C — which provides operations services for...
February 05, 2024
Mitsubishi Launches Digital Retail Program as Auto Manufacturers Tap Omnichannel...
As the process of making large-ticket purchases becomes increasingly digital across industries, Mitsubishi Motors has announced a new digital retail program. Mitsubishi Motors North America, Inc. (MMNA) on Monday (Feb....
February 01, 2024
Regional Banking Shares Drop Amid Investors’ Concerns About Sector
Regional banking shares in the United States experienced a significant decline for the second consecutive day Thursday (Feb. 1). The sell-off was triggered by New York Community Bancorp’s (NYCB) report, released...
February 01, 2024
Keller Williams Settles Antitrust Lawsuit, Agrees to $70 Million Payout
Keller Williams, a major home brokerage based in Texas, has agreed to a $70 million settlement to resolve allegations of conspiring to overcharge US home sellers on agent commissions. The...