Texas Capital Bancshares is making waves in the healthcare industry, but not without shaking things up internally. They've just agreed to buy a hefty $400 million portfolio of healthcare-related loans – a bold move to expand their corporate banking business. But hold on, there's a catch. This growt
The Venice Film Festival, a glamorous stage for Hollywood's elite, is back with a dazzling lineup of stars. From veteran actors like Catherine O’Hara and Michael Keaton to rising stars like Jenna Ortega, the red carpet was abuzz with anticipation. But is this glitzy display just a marketing ploy for
Virat Kohli, the former captain of the Indian cricket team, has once again proven his dominance both on and off the field by securing the top spot as India's highest tax-paying sportsperson for fiscal year 2024. With a remarkable contribution of Rs 66 crore in taxes, Kohli not only leads the sports
This week's newsletter dives into the world of micromobility, self-driving cars, and electric vehicles, highlighting both exciting advancements and lingering questions. First up, Lyft is restructuring its micromobility business, getting rid of dockless rides and laying off a small percentage of its
The Griselda rapper Westside Gunn doesn't seem to stop rapping, even after a huge 2023 that saw him drop the high-profile And Then You Pray for Me and Hall & Nash 2. While his brothers Benny the Butcher and Conway the Machine have kept the music coming in 2024, Westside has been relatively quiet un
Donald Trump, the former president, is facing a potential prison sentence after being found guilty of 34 felony counts of falsifying business records. The charges stem from an alleged hush money payment made to adult film star Stormy Daniels during the 2016 presidential campaign. Trump maintains h
The article discusses how many major companies are scaling back their diversity, equity, and inclusion (DEI) initiatives under pressure from far-right activists opposed to such efforts. Examples given include Lowe's, Ford, John Deere, Harley-Davidson, Tractor Supply, and Molson Coors, the latter of
In a move straight out of Tinseltown, Vice President Kamala Harris has bagged some serious star power for her 2024 presidential bid. An open letter signed by 88 bigwigs from the business and entertainment world throws their support behind VP Harris, giving her campaign a major boost in the early st
Round-tripping! Channel stuffing! Back-dated contracts - what do these fancy accounting terms really mean? Let's dive into the shady world of fraudulent practices used by Sushovan Hussain, the former CFO of Autonomy who recently got 5 years in prison and a ban on accounting until 2038. According to
Prospect Capital (NASDAQ: PSEC) shares jumped in after-hours trading on the back of a strong earnings beat for its fiscal fourth quarter. The business development company posted net investment income per share of $0.25, easily topping analyst expectations of just $0.18. However, some key metrics di
