AI-Powered Fraud Detection Systems Flag Surge in Synthetic Identity Scams Targeting Banks
Financial institutions are reporting a dramatic increase in synthetic identity fraud — a scheme in which criminals combine real and […]
Business
Coastal Rail Group Names New CEO as Board Seeks Turnaround Strategy
Coastal Rail Group, the freight and passenger rail operator whose shares have fallen more than 40 percent over the past
Venture Funding for Fintech Startups Rebounds in Third Quarter After Year-Long Slump
Venture capital investment in financial technology startups rebounded meaningfully in the third quarter, reaching $18.4 billion globally, according to data
Nexbridge Pharmaceuticals to Acquire Verano BioSciences in $11 Billion Deal
Nexbridge Pharmaceuticals announced Monday it has agreed to acquire Verano BioSciences in an all-cash transaction valued at approximately $11 billion,
Meridian Capital Posts Record Third-Quarter Earnings Amid Rate Uncertainty
Meridian Capital Group reported record third-quarter earnings Thursday, posting net income of $4.2 billion despite persistent uncertainty over central bank
Grid-Scale Battery Storage Crosses Cost Threshold, Reshaping Power Markets
LENVALE — Grid-scale battery storage has crossed a widely watched economic threshold for the first time, with newly contracted projects
Offshore Wind Expansion Drives Record Energy Investment in Northern Markets
PORTHOLM — Investment in offshore wind energy reached a record 218 billion dollars globally in the first half of the
Infrastructure Spending Plan Divides Parliament as Debt Concerns Mount
CALDERTON — A landmark infrastructure investment bill that the government has billed as the most ambitious public works program in
Central Bank Holds Rates Steady Amid Mixed Economic Signals
CENTRAL VELORA — The National Reserve Bank of Velora held its benchmark interest rate at 4.75 percent Wednesday, citing conflicting
Coalition Fractures as Trade Bloc Leaders Disagree on Tariff Framework
MERIDIAN CITY — A sweeping trade coalition that once promised to reshape economic ties across three continents showed serious signs