February 2024 - Page 11

TLDR: On Valentine’s Day, flowers are a big business with consumers spending $2.6 billion on flowers for their loved ones, making it the number one holiday for florists. Here are a dozen

Delta Air Lines CEO Ed Bastian has sent a letter to members of Congress to discuss the company’s efforts in supporting its employees. The letter comes after more than 100 House members

TLDR: A growing number of borrowers are seeking financing for adaptive reuse projects, despite a higher interest rate environment, according to lenders at the MBA CREF conference. Gary Bechtel, CEO of Red

TLDR: Veteran public finance lawyer Melissa Messina has rejoined Miles & Stockbridge as a principal in its Baltimore office. She will focus on senior living and life-plan communities. Public finance lawyer Messina

TLDR: Amid FAFSA issues, it’s a good time to lobby for more financial aid Problems with the new FAFSA have frustrated many students and families, but this also makes it a good

TLDR: Law firm Dechert LLP has hired Eliot L. Relles as a partner in its corporate and securities practice group to bolster its private credit and leveraged finance capabilities. Relles brings with

TL;DR: Moody’s, a credit rating agency, is excited about the potential of artificial intelligence (AI) to evaluate financial data and transform its business. Moody’s is using generative AI technologies in various tools,

TLDR: The US offshore wind industry is facing financing challenges for vessel construction due to the discontinuity between short-term employment contracts and long-term financing arrangements. While the industry had hoped to bring

BLVD Bella Vista LLC, registered in Minneapolis, closed Feb. 9 on the acquisition of the Bella Vista Apartments in New Hope for $2.9 million. The low-rise building consists of 24 two-bedroom apartments,

TLDR: The percentage of Americans expecting an improved financial situation has reached its highest level in almost four years, according to a recent survey. In the January 2024 Survey of Consumer Expectations,