• Mon, May 12, 2025

by: Philadelphia Inquirer

Mazzoni Center settled litigation with New York firms over high-cost payroll financing last year

Terms of the settlements were not disclosed. Mazzoni owed about $1 million.

by: newsbytesapp.com

Effective strategies to manage and reduce debt for better finances

Managing debt responsibly is critical to staying afloat and not falling into a bottomless pit

by: news4sanantonio

The 10 largest home equity lenders

Our list of who does the most business in HELOCs and home equity loans.

by: NBC Connecticut

Local businesses stay busy with good weather on Mother's Day

With Mother's Day bringing excellent weather Sunday, it brought people out to celebrate their loved ones whether it was with a meal or with flowers. At Elizabeth Park in West Hartford, the sunny conditions meant prime weather for picnicking on Mother's Day. It was a welcome relief for many after several days of rain. "This week has kind of stunk,…

by: Quad-City Times

New Business Spotlight: Brows & Beauty (Threading and More)

Building everything from scratch — from designing the space to gaining trust from new clients — was challenging, but my passion and support from my family kept me going.

by: MLive

The new Hunt Club owners, glow-in-the-dark flowers and more Jackson County business news

Here are those stories and other recent headlines you may have missed.

by: reuters.com

Germany can boost spending despite EU fiscal rules, finance minister says

The new German government does not expect the European Union's debt rules to put the brakes on the country's planned spending spree, German Finance Minister Lars Klingbeil said on Monday.

by: Newsweek

Trump family's business ties to the Middle East explained

As President Trump is set to head to the Middle East tomorrow, here is a look at some of his family's ties to the region.

by: The Daily Star

IDLC Finance's Q1 profit rises 43%

The NBFI's consolidated profit hit Tk 50.71 crore in Jan-Mar period

by: Semafor

Kenya's government tries to control the narrative on finance bill to avoid fresh protests

Nairobi blames misinformation for driving last year's deadly demonstrations.

by: The Motley Fool

2 Palantir Tales: The Business and the Stock | The Motley Fool

We've also got some tips for dodging AI-fueled scams.

by: USA Today

Trump's personal diplomacy and family business intersect in Gulf tour

Trump is again diverging from U.S. presidential habit by choosing the Middle East, not Canada or Mexico, for the first foreign trip of his second term.

by: ESPN

France aims to copy Premier League finance model

French football intends to have its own version of the Premier League, with a club-owned entity replacing the Ligue de Football Professionnel (LFP) as part of plans announced by French Football Federation president Philippe Diallo on Monday.

by: Forbes

Why Psychological Safety Is A Savage Business Advantage

Psychological safety can be the ultimate factor in your company's success. Psychological safety means facilitating transparency, successful failure and risk-taking.

by: WCPO Cincinnati

Smart Tech for Small Business Success

In celebration of Small Business Week, tech expert Marc Saltzman showcases top tools to help entrepreneurs thrive - from AI-powered laptops to noise-canceling webcams and intuitive finance software.

by: Business Insider

Best Business Savings Accounts of 2025

Learn about the best business savings accounts for May 2025. Compare rates, fees, and features to find the perfect savings account for your business.

by: NJ.com

'Business Lending 101' workshop to be held in Union Township

The event will be held on May 15 from 9 a.m. to 11 a.m. at Nova's Coffee Shop.

by: Defense News

Rheinmetall to expand satellite business, citing Ukraine support deal

The joint venture with ICEYE will focus initially on manufacturing Synthetic Aperture Radar (SAR) satellites before expanding to other space capabilities.

by: Fox News

Vance says India-Pakistan conflict 'none of our business' as Trump offers US help

Vice President JD Vance said the United States cannot tell India or Pakistan to lay down their arms in a renewed conflict, saying it is "fundamentally none of our business."

by: The Independent US

Vance says it is 'none of our business' to intervene in India-Pakistan conflict

'What we can do is try to encourage these folks to de-escalate a little bit,' the US vice-president says

by: FXStreet

Mexico's Finance Minister 'reasonably confident' about fiscal projections - El Financiero

Mexico's Finance Minister Edgar Amador noted that he is "reasonably confident" about the Treasury's fiscal and growth projections for the year.

by: Seeking Alpha

Lument Finance Non-GAAP EPS of $0.08 misses by $0.01 (NYSE:LFT)

Discover Lument Finance's Q1 earnings: Non-GAAP EPS of $0.08 misses by $0.01; GAAP net loss of $1.7M.

by: BBC

Met Police urges businesses to report shoplifting offences

One shopkeeper locks his doors to stop shoplifters coming in but they still try to break in.

by: ABC News

US stocks soar as US and China agree to slash tariffs

The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The previous set of sky-high tariffs had threatened a surge in prices and a possible U.S. recession, experts told ABC News.

by: WOWT.com

37 West Farnam officially welcoming tenants and new businesses

Property managers say people who live here will be able to take advantage of the streetcar, once the project is completed.

by: CNN

FDA chief on new plan to lower prescription drug prices | CNN Business

Dr. Martin Makary joins The Lead

by: WSB-TV

Georgia businesses react as Chinese tariffs get 'paused'

"I have 90 days to prepare, 90 days stockpile, 90 days forecast, and 90 days to figure out what to do next," one business owner said.

by: WMUR

NH congressional delegation says businesses need certainty amid tariff fight

As the United States and China announced a de-escalation of a trade war, the New Hampshire congressional delegation on Monday was in the Manchester Millyard to celebrate local small businesses.

by: WPXI

Ongoing roadwork on busy Pittsburgh road leaves business owners frustrated

For weeks, the construction along Penn Avenue has been messy, congested and difficult to navigate. With no end in sight, local business owners are growing increasingly frustrated.

by: TechRadar

Google is cutting hundreds of jobs in a core business unit

More Google workers are leaving

by: Toronto Star

Business community eyeing new cabinet for signs Carney is shifting priorities

OTTAWA - Canada's business community will be watching Tuesday's cabinet shuffle closely for signs that Prime Minister Mark Carney will be easier to work with than the last Liberal government.

by: CNN

Dow soars 1,100 points after Trump team and China dramatically lower tariffs

US stocks surged on Monday after President Donald Trump's top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower levels,

by: TechRadar

How a designer turned an iPad and Apple Pencil into the heart of a creative business

Mandy Corcoran runs her business and creates all her designs on iPad

by: Seeking Alpha

Runway Growth Finance reports Q1 results

Runway Growth Finance reports Q1 2025 results: $0.42 net investment income/share, $503.3M total net assets, and a $13.48 NAV/share.

by: Reuters

US should take more generous view of Latin America, Brazil finance minister says

BRASILIA (Reuters) -The United States should look more generously at Latin America and South America, Brazil Finance Minister Fernando Haddad said on Monday, arguing that the world's largest economy has "much to gain" from greater industrial development across the continent. Speaking to local outlet UOL, Haddad said President Luiz Inacio Lula da Silva will not choose between the United States and China, as he believes Brazil must adopt a multilateral approach. Haddad noted that China has been Br

by: Forbes

Retention Is The Key To Growth For Services Businesses

Customer success is a business discipline.

by: Newsweek

America could see surge in business closures this year: poll

The report found half of surveyed small business owners expect their revenue to decline due to current or future tariffs.

by: Fox News

Trump says China agrees to 'fully' open country's markets to US businesses

President Donald Trump told reporters Monday at the White House that the arrangement arguably was the most significant development stemming from the trade negotiations.

by: Business Insider

Business Insider & Politico: The Deep Brief

Reporters from Business Insider and Politico break down the biggest power plays, policy shifts, and political drama.

by: CoinTelegraph

Stocktwits launches Cryptotwits, bridging traditional finance and crypto for 10M+ investors

Grayscale joins as Official Asset Management Partner alongside additional Founding Partners

by: TechRadar

Outdated and unsecured IoT devices are a serious risk for UK businesses

Businesses are running old, outdated IoT

by: Fortune

Rex Woodbury's Daybreak Ventures unveils $33 million first fund

Daybreak Ventures has revealed its $33 million first fund, Fortune has exclusively learned.

by: Reuters

Pakistan finance minister: conflict with India won't have large fiscal impact

KARACHI/ISLAMABAD (Reuters) -The recent military escalation with arch-rival India won't have a large fiscal impact on Pakistan and can be managed within the current fiscal space, with no need for a new economic assessment, Pakistan's Finance Minister said in an interview with Reuters on Monday. Trade talks with the United States - which had played a key role mediating a ceasefire between the two countries - would likely have progress in "short order" and that Pakistan could import more high-quality cotton, more soy beans and was also exploring other asset classes, including hydrocarbons, Minister Muhammad Aurangzeb said in the online interview. On Monday, U.S. President Donald Trump said the U.S. is ready to help India and Pakistan after a ceasefire agreement, claiming trade was a big reason they "stopped fighting".

by: CNN

McDonald's says it plans to hire 375,000 people this summer | CNN Business

McDonald's is seeking to hire up to 375,000 people ahead of the busy summer season, marking one of its biggest employment initiatives in five years.

by: Toronto Star

GINSMS Announces Financial Results for the Three Months Ended March 31, 2025

CALGARY, Alberta, May 12, 2025 (GLOBE NEWSWIRE) -- GINSMS Inc. (TSXV: GOK) (the "Corporation") has announced its financial results for the first quarter ended March 31, 2025.

by: Toronto Star

iAnthus Reports First Quarter 2025 Financial Results

NEW YORK and TORONTO, May 12, 2025 (GLOBE NEWSWIRE) -- iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN, OTCQB: ITHUF), which owns, operates, and partners with regulated cannabis

by: Fortune

Nissan plans to slash 10,000 more jobs as it struggles with China EV competition and Trump's trade war

The company -- one of the top 10 automakers by unit sales -- is heavily indebted and engaged in an expensive business restructuring plan.

by: CNN

So much for 'drill, baby, drill'? | CNN Business

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid-19 pandemic and just the second time in the past decade.

Mazzoni Center settled litigation with New York firms over high-cost payroll financing last year

Terms of the settlements were not disclosed. Mazzoni owed about $1 million.
The Mazzoni Center, a Philadelphia-based health clinic focused on the LGBTQ community, has settled a lawsuit against LCF and Fundkite, two litigation funding companies, for $1.5 million. The settlement comes after the center accused the companies of predatory lending practices, charging high interest rates and fees on advances meant to help the center during financial difficulties. The lawsuit claimed that these practices led to a cycle of debt for the Mazzoni Center, which was already struggling due to the economic impacts of the COVID-19 pandemic. The settlement will help the center stabilize its finances and continue providing essential health services to the community.

Read the Full Philadelphia Inquirer Article at:
https://www.inquirer.com/health/mazzoni-center-settlement-lawsuits-lcf-fundkite-20250512.html
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