HomeStreet Bank sold nearly $990,000,000 of its multifamily commercial property loans to Bank of America. The Seattle-based lender claimed that this deal would help them return to profitability, and … [Read more...] about HomeStreet Bank Sells $990M Multifamily Loans to BofA for Profit Boost
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Vietnam Dong Hits All-Time Low Against US Dollar
Vietnam's currency has fallen to a new record low versus the dollar after the central banks set the fixing at a lower level. The dong fell 0.1% on Monday to 25,485 dollars, surpassing its previous … [Read more...] about Vietnam Dong Hits All-Time Low Against US Dollar
Alibaba Cuts Large Language Model Prices by Up to 85% Amid Growing China AI Competition
Alibaba announced Tuesday that they would be reducing the prices of their large language models by up to 85%. Alibaba Cloud, a cloud computing division based in Hangzhou, China announced discounts … [Read more...] about Alibaba Cuts Large Language Model Prices by Up to 85% Amid Growing China AI Competition
Amazon Driver Dumps 80 Packages in Woods, Citing Stress
A Massachusetts police officer says that an Amazon driver dumped around 80 packages in a forested area just before Christmas. Lakeville Police Department reports that during a routine Sunday … [Read more...] about Amazon Driver Dumps 80 Packages in Woods, Citing Stress
Auto Insurance Fraud Surges in U.S., Staged Crashes Grow Bolder
Staged car accidents - fraud schemes exploiting insurance systems – are becoming more common on American roads. According to the Insurance Information Institute, these incidents are increasing in … [Read more...] about Auto Insurance Fraud Surges in U.S., Staged Crashes Grow Bolder
