Fri, February 14, 2025

by: KXAN

Lottery Commission, former director accused of defrauding Texans

Days after the Senate Finance Committee grilled the Texas Lottery Commission about how they handled a $95 million Lotto Texas jackpot from April 2023, new allegations surfaced about former Texas

by: LancasterOnline

AHF Products CEO Brian Carson resigns

West Hempfield Township-based AHF Products said Brent Emore, AHF's chief financial officer, will assume the role of Interim CEO, effective immediately.

by: Diginomica

Does the SAP Business Data Cloud justify the fanfare? An initial review of SAP's Business AI and Databricks partnership news

SAP made one of the most heavily promoted news announcements in recent history. But why SAP Business Data Cloud, and why now? The answer, as expected, leads us right back to AI. Here's my initial take - along with user group reactions.

by: KBOI

Senator Crapo and 44 others reintroduce bill to abolish federal estate tax

by: Newsweek

Map Shows States Most Impacted by 2025 Stores Closures

The following states have the highest rates of major retailer store closures in 2025—from Macy's to JCPenney to GameStop.

by: Newsweek

List of Federal Agencies That Have Begun Mass Layoffs

Trump's administration, with Elon Musk's DOGE, begins mass layoffs of probationary federal employees to streamline operations.

by: ProPakistani

Cordoba Logistics Secures SECP Permission to Set Up NBFC

Cordoba Logistics & Ventures Limited (PSX: CLVL) Friday announced that Securities and Exchange Commission of Pakistan (SECP) has issued Permission Order, granting the company, its permission to form a Non-Banking Finance Company under the name and style of Cordoba PE Management Limited

by: Forbes

Medicare Is Raising Its Part B Premium And Deductible For 2024

Expect to see Medicare grow slightly more expensive following last year's unusual price drop. In January 2024, most U.S. residents enrolled in Original Medicare (Part A and Part B) or a Medicare Advantage plan will pay a standard Part B monthly premium of $174.

by: Forbes

Is The Alzheimer's Drug Leqembi Covered By Medicare?

Progressive and incurable, Alzheimer's disease affects an estimated 6.7 million U.S. adults at least 65 years old, according to the Alzheimer's Association[1]. Few pharmaceuticals have any noticeable effect on Alzheimer's-related dementia and cognitive decline.

by: bnnbloomberg

Storied Peruvian Executive Resurfaces at Canadian Copper Startup

Victor Gobitz has reemerged at the helm of a Canadian startup that has plans to begin copper production in a year and go public in the medium term.

by: CNET

Get More Than a Good Meal With Credit Cards That Reward You for Dining Out

Pay for dining purchases whenever you can. You can earn more rewards per meal if you offer to use your card as payment when you dine out with family or friends. Just remember to have the other diners repay you using cash or a money transfer app like Venmo or Zelle.

by: Vanguard

Klak launches cash flow management platform for small businesses

Klak, a leading B2B SaaS provider, has launched its innovative cash flow management and finance automation platform designed to help small and medium-sized businesses (SMBs) streamline their financial operations and optimize cash flow.

by: businessday

10 highest-paying careers with fully remote jobs in 2025

A recent study has found that the average salary for fully remote jobs is $107,000 per year. The demand for remote work continues

by: Forbes

The Evolution Of Small-Business Lending: AI-Driven Underwriting Takes Center Stage In 2025

While many companies retreat from borrowing in today's high-rate environment, many successful operators are strategically leveraging debt to gain competitive advantages.

by: AOL

Newman: Trump's biggest economic vulnerability has emerged

Three weeks into his second presidential term, Donald Trump is largely getting his way on Cabinet nominees, deregulation, deportation and Elon Musk's dismantling of the federal bureaucracy. His biggest priority, a huge set of tax cuts requiring Congressional legislation, is coming into focus.

by: Reuters

WestJet, Lufthansa Technik sign agreement for aircraft engine maintenance

Canadian carrier WestJet and Germany's Lufthansa Technik have signed a multi-billion dollar agreement for engine maintenance services, the companies said on Thursday.

by: Diginomica

Be my AI Valentine - 4 things businesses will love about AI agents

Could AI agents be the perfect match for productivity and innovation? Oracle's Miranda Nash explores the reasons for embracing AI to partner with employees for a long-lasting relationship.

by: cnbctv18

RBI penalises Nainital Bank and Ujjivan SFB for regulatory violations

RBI clarified that these penalties were imposed solely for regulatory lapses and do not affect the validity of any transactions between the banks and their customers.

by: Forbes

How Open Finance Is Transforming Banking And Tech

By integrating advanced AI and machine learning technologies, we, just as other tech leaders can, are driving business growth and cultivating new financial ecosystems.

by: AOL

Can You Write Off Your Home Insurance on Your Taxes?

As tax season approaches, many homeowners find themselves sifting through receipts and financial documents, searching for every possible deduction to reduce their taxable income. One question you

by: Reuters

Payments group Adyen's shares surge on full-year profit beat

Adyen's shares rose as much as 15% on Thursday after the Dutch payments company reported full-year core earnings above market expectations, and forecast higher net revenue growth and continued margin expansion in 2025.

by: Moneycontrol

Hindalco sees neutral-to-positive impact on its US business from Trump tariff

Novelis, its US subsidiary that supplies premium aluminium sheet and foil products to the beverage can, automotive, aerospace and speciality markets, could actually benefit, said MD Satish Pai. The effect on parent Hindalco would be minimal since the US market constitutes a minuscule part of its exports.

by: Vanguard

Gov Eno's entrepreneurial development programmes in Akwa Ibom unveiled

The Akwa Ibom State Government has unveiled Governor Umo Eno's entrepreneurial programmes in the state barely two years after the launch of Made-In-Akwa Ibom Trade Fair and Ibom-LED Tailoring and Shoemaking Hub.

by: Reuters

UK government pushes antitrust regulator to be 'less risk averse'

British business secretary Jonathan Reynolds on Thursday demanded the country's competition watchdog be "more agile" and "less risk averse," pushing the regulator to better align with the government's growth agenda.

by: AOL

Cybersecurity firm SailPoint returns to markets as the first major tech IPO of the year

SailPoint is the first big test of the tech IPO market in 2025, which is expected to see well-known names such as Stripe potentially debut as companies bank on a friendlier regulatory backdrop under President Trump.

by: Zawya

Saudi Arabia, Rwanda to establish joint business council

The forum explored investment opportunities in Rwanda, focusing on sectors like tourism, mining, and construction, and discussed strategies to increase trade and investment volumes

by: MSN

Meet Shapoor Mistry: The elder brother of Cyrus Mistry leading the 155-year-old Shapoorji Pallonji Group | Career, lifestyle, and net worth

Shapoor Mistry, the elder son of Pallonji Mistry, leads the 155-year-old Shapoorji Pallonji Group after the passing of his father and brother, Cyrus Mistry. Overseeing a $30 billion empire with an 18.

by: Reuters

VW, Audi consider keeping combustion engines longer in Europe - Handelsblatt

German carmakers Volkswagen and Audi are considering allowing some combustion engine models to run longer in Europe, the Handelsblatt business news outlet reported on Thursday citing sources.

by: MSN

PAN and Aadhaar: What will be the effect of the new income tax bill on your PAN and Aadhaar, know full details here..

The new Income Tax Bill has been introduced in the Lok Sabha. Finance Minister Nirmala Sitharaman has introduced it. Through this bill, there will be many big and important changes related to income tax.

by: MSN

Oldest Black-owned business in Naples celebrates half a century

The British have enjoyed a Sunday roast for generations, but the tradition is changing. Chef Tom Kerridge, owner of the world's only two Michelin-starred pub, explained the dish's evolution - as well as what makes it so beloved.

by: MediaNama

Playing Cat And Mouse With Scammers: How Babu Pooniawalla Took Down Over 8300 Fake Apps

Pooniawalla lists suspicious apps on Twitter and an online dashboard, and has managed to get 8300+ pieces of fake apps removed so far.

by: fingerlakes1

Canandaigua officials talk DRI, major housing project, and public art initiative

The Canandaigua Planning and Finance Committee tackled key development and infrastructure issues during its February 10 meeting, covering the city's long-awaited downtown revitalization funding, a proposed housing subdivision, and a public art initiative aimed at enhancing community spaces.

by: Zawya

SAP debuts business data cloud with Databricks to turbocharge business AI

This landmark partnership between SAP and Databricks marks a new era in enterprise data management as two leaders in their domains come together to redefine how applications and data platforms work together.

by: Zawya

Qatar, Rwanda: Distinguished relations, bright prospects for economic and trade cooperation

by: Zawya

PwC Middle East's 2025 flagship Tax and Legal Seminar in Egypt spotlights AI, compliance, and policy changes

Under the theme "Connecting Experts, Creating Solutions" the seminar emphasized the importance of strategic collaboration between the public and private sectors

by: MSN

Wall Street CEOs arrive at Washington to fix crypto debanking at the Hill

Thu, February 13, 2025

by: Reuters

US power companies increase data center demand spending as DeepSeek fears wane

U.S. electric utilities are adding tens of billions of dollars to spending plans to build new power supplies and bolster the grid as data centers for artificial intelligence and cloud computing drive up energy demand.

by: Fortune

Netflix cooked up a new live experience for customers: A Las Vegas restaurant serving 'Squid Game' cocktails and a 'Bridgerton' tea

This isn't the first time Netflix has made a foray into the restaurant business.

by: Forbes

How Americans Will Prioritize Their Finances in 2025: Spending, Saving And The Debt Dilemma

The financial landscape in 2025 is shaping up to be anything but predictable. With shifting economic policies, lingering inflation pressures and consumer debt reaching new highs, the question isn't just whether Americans can stretch their dollars—it's how far those dollars will actually go.

by: Reuters

Exclusive: Blackstone seeks $800 million loan to finance New York office purchase, sources say

Blackstone plans to take out a loan of about $800 million to finance the purchase of a stake in a 50-story office building in New York City, according to two sources familiar with the matter.

by: Forbes

Crypto, Interest Rates And AI: How To Navigate 2025 Macro Economics

How to think about Crypto, interest rates, and AI-driven labor market shifts that are set to shape global business, investment, and policymaking.

by: Reuters

Walmart in Mexico posts 1.4% bump in fourth-quarter profit

Walmart's Mexico and Central America unit reported a 1.4% bump in its fourth-quarter net profit on Thursday, coming in at 15.2 billion pesos.

by: Investopedia

The IRS Is Watching: 5 Red Flags That Could Trigger an Audit

The IRS is always on the lookout for tax returns that just don't make sense. Making these five errors can increase the chances that your return will be audited.

by: MSN

California is at the center of the country's egg mess. Here's why and what's coming

The price of a dozen eggs has nearly doubled since last year and hit a record high in January. An outbreak of avian influenza in primarily to blame, experts said.

by: LancasterOnline

Lampeter-Strasburg School District will see $1.2M surplus this year

When: Lampeter-Strasburg school board finance committee meeting, Feb. 10. What happened: Administrators are predicting the district will have a $1.2-million surplus for the 2024-25 school year, Amanda Allison, assistant business manager, told the board.

by: Investopedia

What Is Personal Finance, and Why Is It Important?

It's also about understanding that the principles that contribute to success in business and your career work just as well in personal money management. Three key skills are finance ...

by: MSN

Sony Raises Earnings Guidance on Strength in Game, Music Businesses

The Japanese entertainment and electronics company raised its annual earnings projections after its third-quarter net profit rose on strength in its game and music businesses.

by: MSN

Top 10 Attorneys of 2025 - Leading Legal Experts

The legal field is shaped by those who go beyond the courtroom to set new standards of excellence, advocacy, and influence. The Top 10 Attorneys of 2025 showcases the most distinguished legal minds making an impact in their respective fields.

The Evolution Of Small-Business Lending: AI-Driven Underwriting Takes Center Stage In 2025

While many companies retreat from borrowing in today's high-rate environment, many successful operators are strategically leveraging debt to gain competitive advantages.

The article from Forbes Finance Council, published on February 14, 2025, discusses the transformation in small business lending due to the integration of AI-driven underwriting. It highlights how AI technologies are revolutionizing the lending landscape by enhancing efficiency, reducing bias, and improving decision-making processes. AI tools analyze vast amounts of data quickly, providing lenders with deeper insights into a borrower's creditworthiness beyond traditional metrics like credit scores. This shift not only speeds up loan approvals but also allows for more personalized lending solutions tailored to the unique needs of small businesses. The article also touches on the challenges, such as data privacy concerns and the need for transparency in AI algorithms, but emphasizes the overall positive impact on access to capital for small businesses, fostering growth and innovation in the sector.

Read the Full Forbes Article at:
https://www.forbes.com/councils/forbesfinancecouncil/2025/02/14/the-evolution-of-small-business-lending-ai-driven-underwriting-takes-center-stage-in-2025/