Highland Bank implements Nutanix technology to adapt to COVID-19 pandemic

SAN JOSE, Calif .– (COMMERCIAL THREAD) –Nutanix (NASDAQ: NTNX), a leader in enterprise cloud computing, today announced that Highland Bank, an enterprise-focused private bank, has implemented Nutanix hyperconverged infrastructure (HCI) to enable employees to work from anywhere. where in response to the COVID-19 pandemic, as well as to increase the flexibility and reliability of their […]

COVID-19: The Coronavirus Business Interruption Loan Program: A Short-Term Solution? | Dentons

Amid the COVID-19 crisis, Chancellor Rishi Sunak announced a new program: the Coronavirus Business Interruption Loan Scheme (CBILS) which aims to help UK small businesses with lost or deferred income resulting in cash flow disruptions , providing access to bank loans, overdrafts, bill financing and asset financing during the pandemic. It opened for applications on […]

Net leasing investors find variable rates and different amortizations when seeking financing

In recent weeks, net leasing investors have attempted to quantify the impact the COVID-19 pandemic will have not only on long-term financing terms, but on their ability to secure debt as a whole. . The speed with which this black swan event unfolded has created confusion as to what is still achievable, as well as […]

What do you do when your summer internship is canceled?

CNBC’s “College Voices 2020” is a series written by CNBC summer interns from universities across the country on maturity, launching new careers and finding employment during a global pandemic. They find their voice at a time of great social change and hope for a better future. What money problems are they facing? How do they […]

BrightBridge Capital Nonprofit Lender Helps Small Businesses and Banks Navigate the World of Federal Lending

BrightBridge Capital is a nonprofit lender focused on lending to startups and small businesses that many banks won’t consider. The organization is not a lender for the Coronavirus Aid, Relief, and Economic Security Act (CARES), but it is well positioned to help others find a path to these resources and to help commercial lenders understand […]

Federal Reserve press release in plain English – September 2020

Let’s put that aside: the Federal Reserve has not changed short-term interest rates. They also don’t plan to do so until 2024. This and some targeted purchases in the bond market likely mean low mortgage rates for the foreseeable future. If you’re looking for a mortgage, Freddie Mac has also shown that industry-wide rates are […]

DeFazio and FEMA Administrator Visit Blue River, Recount Devastation From Fires – Eugene Weekly

Gaining a first-hand look at the damage caused by the Holiday Farm fire, Congressman Peter DeFazio visited the town of Blue River on September 17, as the blaze continues to burn at 6% containment. He observed the devastation of the McKenzie River region beyond the line of fire with Federal Emergency Management Agency (FEMA) Region […]

Auto industry faces short-term crisis and long-term decline

Apr 25, 2020 ECOME BEFORE the recession, investors were deeply pessimistic about the auto industry. Sitting on $ 1.3 billion in legacy investments in factories that rely on technology that is set to become obsolete, the internal combustion engine like Ford, Renault and Volkswagen doesn’t seem exactly well positioned for the 21st century. Now, with […]