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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan. And the United States is filled with other shopping options, particularly in the most desirable regions. “If

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Ally Financial Reaches Truce with Activist Investor Lion Point

American Banker

Ally Financial in Detroit reached a truce with Lion Point Capital, as it agreed to appoint an independent director in consultation with the activist investor.

Detroit 28
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Tech giants aren’t the only companies that have spotted the opportunity in remote diagnostics — some biotech companies have moved quickly to demonstrate value and capitalize on the eased regulations as well. Online courses & content. CODECADEMY, UDEMY, AND COURSERA MOVE TO TRANSLATE SHORT-TERM DEMAND INTO LONG-TERM GROWTH.

Industry 101
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Morning Scan: Online Lenders Set to Report; Trump's Team

American Banker

Trump taps bankers: GOP presidential nominee Donald Trump announced his economic team ahead of a major economic speech in Detroit Monday. The 13-member group is heavily weighted with developers, hedge fund managers and investment bankers, including hedge-fund billionaire John Paulson and Thomas Barrack, founder of Colony Capital.

Detroit 28