by Michael Korsh | Jan 28, 2022 | Business & Tech, Featured
WASHINGTON — As financial institutions have experienced a spike in pandemic-related fraud and cybercrime, minority-owned banks face an additional challenge: They’re often the only point of access for minority communities to participate in the economy. According...
by Katherine Huggins | Jan 27, 2022 | Business & Tech, Featured
WASHINGTON — Reps. Abigail Spanberger and Tom Rice are trying to make it easier for rural residents to charge electric vehicles and farm equipment. Spanberger, a Virginia Democrat, recently introduced legislation co-sponsored by South Carolina Republican Rice...
by Ariel Gans | Jan 20, 2022 | Business & Tech, Featured
WASHINGTON — Mayor Satya Rhodes-Conway stressed the negative effect of telework on Madison businesses Wednesday, and urged mayors gathered from around the country to consider its long-term implications on their cities as well as solutions to get people to increase...
by Katherine Huggins | Dec 8, 2021 | Business & Tech, Featured
WASHINGTON — Chief executives of six cryptocurrency companies testified before Congress on Wednesday, as legislators contemplate increased regulation and oversight of the rapidly growing financial industry. “Currently, cryptocurrency markets have no overarching or...
by Katherine Huggins | Nov 18, 2021 | Business & Tech, Featured
Shares of Sweetgreen surged 86% in its market debut on Thursday, following an upsized IPO that priced the salad chain’s shares at $28. Sweetgreen planned to sell 12.5 million shares priced at $23-$25, according to a Tuesday SEC filing. But the company said in a...
by Katherine Huggins | Nov 10, 2021 | Business & Tech
Electric vehicle maker Rivian had the largest IPO since 2014, and surpassed both Ford and General Motors in its valuation on Wednesday. Its initial public offering price was set at $78, but by market open, shares were $106.75 a piece. During its NASDAQ debut, shares...