Washington Financial News
19.10 / 16:07
COST
Software
stage
country
electronic
Latin
As U.S.-China tensions rumble on, fintech unicorn Airwallex pushes into Latin America with Mexico deal
Global fintech giant Airwallex on Thursday said it has agreed to acquire MexPago, a rival payments company based out of Mexico, for an undisclosed sum to help the firm expand its Latin America footprint.
19.10 / 14:47
19.10 / 14:01
19.10 / 13:01
COST
Citi
Manufacturing
country
2020
sanitizer
Communities can't recycle or trash disposable e-cigarettes. So what happens to them?
Communities across the U.S. are confronting a new vaping problem: how to get rid of millions of disposable e-cigarettes that are considered hazardous waste
19.10 / 11:55
CEO
Matthews
President
reports
New leaders for wealth management and UHNW at $7B multi-family office
A multi-family office managing $7 billion in client assets has promoted two long-serving members of its team to key management roles.
19.10 / 10:13
19.10 / 07:24
19.10 / 07:23
COST
Citi
Progressive
Waters
innovations
information
Bloomberg Philanthropies launches $50 million fund to help cities tackle global issues
Bloomberg Philanthropies unveiled a $50 million initiative Wednesday to help cities address global issues, including climate change, by launching programs proven effective in other cities around the world
19.10 / 07:23
19.10 / 07:23
COST
Lowe's
economy
pandemic
2020
reports
A surge in wealth has boosted most US households since 2020 and helped sustain economic growth
The net worth of the typical U.S. household grew at the fastest pace in more than three decades from 2020 through 2022, while relatively low interest rates at that time made it easier for households to pay their debts
19.10 / 07:23
COST
UPS
Provident
FIVE
awards
donates
Thrift store chain case was no bargain for Washington attorney general; legal fees top $4.2 million
Washington Attorney General Bob Ferguson’s long-running legal case against the thrift store chain Savers Value Village turned out to be no bargain, as the state has been ordered to pay the company nearly $4.3 million in legal fees
19.10 / 07:23
UPS
FIVE
Extreme
country
innovations
strain
US announces $3.5B for projects nationwide to strengthen electric grid, bolster resilience
The Biden administration has announced $3.5 billion for 58 projects across the country to strengthen electric grid resilience as extreme weather events such as the deadly Maui and California wildfires continue to strain the nation’s aging transmission ...
19.10 / 07:23
Manufacturing
President
country
concert
reports
Department
prevention
China says US moves to limit access to advanced computer chips hurt supply chains, cause huge losses
Beijing has vigorously protested the U.S. Commerce Department's latest update of export controls to prevent exports to China of advanced computer chips and the equipment to make them
19.10 / 07:23
Provident
Citizens
Action
President
Actor
electronic
prevention
US imposes more Iran drone sanctions as UN rules set to expire
The U.S. has imposed sanctions on a group of people and firms based in Iran, China, Hong Kong and Venezuela, tied to the development of Iran’s ballistic missile and drone programs
19.10 / 06:35
19.10 / 05:23
18.10 / 22:53
18.10 / 22:17
18.10 / 20:09
18.10 / 19:35
Ford
Aware
Software
Highways
reports
Ford recalling 35,000 US Mach-E EVs over power loss reports
WASHINGTON (Reuters) — Ford Motor (NYSE:F) said on Wednesday it is recalling 35,000 Mustang Mach-E electric vehicles because high voltage battery main contactors may overheat resulting in a loss of driving power.
18.10 / 19:35
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