Tag Archives: credit

Auto sector bankruptcies spark fresh scrutiny of Wall Street credit risks  Reuters Behind the Collapse of an Auto-Parts Giant: $2 Billion Hole and Mysterious CEO  The Wall Street Journal Billions of Dollars ‘Vanished’: Low-Profile Bankruptcy Rings Alarms on Wall Street  The New York Times First Brands, Tricolor collapses raise fears of credit stress, with Dimon warning of ‘more cockroaches’  Reuters Jefferies Defends First Brands …

First Brands, Tricolor collapses raise fears of credit stress, with Dimon warning of ‘more cockroaches’  Reuters Billions of Dollars ‘Vanished’: Low-Profile Bankruptcy Rings Alarms on Wall Street  The New York Times Behind the Collapse of an Auto-Parts Giant: $2 Billion Hole and Mysterious CEO  The Wall Street Journal Jefferies Defends First Brands Deals, Says Losses Are Manageable  Bloomberg.com This Could Be The Next Sub-Prime …

The boss of JP Morgan, Jamie Dimon, has warned over further losses linked to the private credit sector, saying more “cockroaches” could emerge after the collapse of the sub-prime auto lender Tricolor and the car parts supplier First Brands. The bank said on Tuesday that although it had no exposure to First Brands, which sells car parts across the US, …

GM to take $1.6 billion charge as tax credit blow muddies EV plans  Reuters Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion  The New York Times GM to record $1B dent amid Trump’s EV scale-back  upi.com GM to take a $1.6 billion hit as tax incentives for EVs are cut and emission rules ease  ABC News – Breaking News, Latest News and Videos …

You can claim free Xbox store credit, but you won’t have long to take advantage of the offer. In this day and age, especially with the cost-of-living crisis, it’s always important to save money wherever we can, especially when it comes to maintaining our beloved hobby of playing video games. Subscription services such as PlayStation Plus and Xbox Game Pass …

Last month, it was announced that Microsoft Rewards would be hosting a Gift Card Sale at some point in October, and that sale has now begun – it features up to 10% off select gift cards, and Xbox is included in the mix. If you go to the Microsoft Rewards dashboard on a browser (and you’re in an eligible region), …

IN A NUTSHELL ⏳ Homeowners are rushing to install battery storage systems before the 30% tax credit expires. 📈 The demand surge is causing supply chain challenges and potential installation delays. 🗓️ The tax credit deadline is set for December 31, 2025, pressuring both consumers and contractors. 🔋 New technologies like 5,000ºF batteries highlight the growing interest in sustainable energy …

A key advantage for EVs is going away. Tesla (TSLA -4.97%) has been a great American success story, but the company has received a significant assist from the government over its history, including more than $11 billion in regulatory tax credits over its history and a crucial low-interest loan from the Department of Energy when it was just getting started. …

Air Traffic Controllers Reject Credit for Ending the Last Shutdown  The New York Times Video of Kristi Noem blaming Democrats for shutdown rolling out at TSA security checkpoints across the country  CNN Airlines tell passengers to prepare for delays as government shutdown continues  CNBC Get the Facts: Air traffic control staffing shortfalls existed prior to government shutdown  WCVB Air traffic controllers working without pay …

Last week, it was revealed that the automakers were working with their respective dealer networks on short-term programs that would allow customers to continue to receive the tax credit on leased EVs through the rest of the year. With the tax credit expiring on September 30th, Ford and GM were hoping to keep offering the discount to customers for a …