Business

Microsoft to mortgage housing builders money to soar originate inexpensive housing projects – KOMO News
Business

Microsoft to mortgage housing builders money to soar originate inexpensive housing projects – KOMO News

by Matt Markovich | KOMO NewsMicrosoft to loan housing developers money to jump start affordable housing projects (KOMO Photo)BELLEVUE, Wash. — Microsoft is ready to loan housing developers $475 million to jump start the region’s need to build more affordable housing. The official announcement came Thursday morning when Microsoft President Brad Smith was joined by area…

In Tribune Publishing shake-up, chief executive and feeble Occasions executives leave – Los Angeles Occasions
Business

In Tribune Publishing shake-up, chief executive and feeble Occasions executives leave – Los Angeles Occasions

Tribune Publishing, after months of turmoil, has shaken up its leadership in a dramatic overhaul that further distances the company’s management from its former chairman, Michael Ferro. The Chicago-based company announced late Thursday that Chief Executive Officer Justin Dearborn was stepping down after nearly three years in the job. Dearborn was a longtime business associate…

Jack Bogle’s Lasting (and Compounding) Reward – Barron’s
Business

Jack Bogle’s Lasting (and Compounding) Reward – Barron’s

Photograph by Peter Foley/Bloomberg Text size Jack Bogle had your back. If there was a single animating principal behind the life’s work of the investing giant who passed away Wednesday, it was his crusade to protect investors from the greed of the financial industry and the relentless erosion of your savings from fees – what…

4 Audi managers indicted in emissions cheating scandal – Fox News
Business

4 Audi managers indicted in emissions cheating scandal – Fox News

A grand jury in Michigan on Thursday indicted four engineering managers at German carmaker Audi in connection with a diesel emissions cheating scandal. (AP Photo/Christophe Ena, File) A federal grand jury in Michigan on Thursday indicted four engineering managers at German carmaker Audi in connection with a widening diesel emissions cheating scandal.Richard Bauder, Axel Eiser,…

HSBC leans on blockchain tech to job $250bn price of fx transactions
Business

HSBC leans on blockchain tech to job $250bn price of fx transactions

Global bank HSBC has processed more than 3 million foreign exchange (fx) transactions using blockchain technology.  According to a report, the transactions, completed over the past year, were worth $250bn. If previous statements are anything to go by, HSBC likely used a permissioned (aka private) blockchain to carry out the transaction. Private blockchains are typically preferred by regulated…


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