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- Chinese Tech Firm Honor Debuts Humanoid Robot and Robot PhoneChinese device marker Honor has reportedly introduced a humanoid robot and “robot phone.â€� The company demonstrated those products Sunday (March 1) at MWC Barcelona 2026, Bloomberg News reported, calling it Honor’s push to reestablish itself as an artificial intelligence-focused hardware company. Spun off from Huawei in 2020, Honor began as a budget brand before […] […]
- FedEx and Ray-Bans Maker Sued for Tariff RefundsLast week, FedEx sued the federal government to recover the money it had paid in tariffs. Now, the company is facing a tariff-related lawsuit of its own, the Associated Press reported Friday (Feb. 27). The suit is one of at least two federal lawsuits — the other is against EssilorLuxottica, which makes Ray-Ban sunglasses […] […]
- Target Faces Pushback From Investors on Management TacticsTarget is reportedly facing criticism from a group of investors unhappy with its management’s decisions. That’s according to a report Friday (Feb. 27) from Reuters, which noted that this push is happening at a time when Target is struggling while rivals Walmart and Costco benefit from cost-conscious consumers. Target’s profits are down 14% in […] […]
- DeepSeek Poised to Unveil Latest AI ModelChina’s DeepSeek is reportedly on the verge of releasing its latest artificial intelligence model. That’s according to a report Friday (Feb. 27) by the Financial Times (FT), which noted that the debut of the company’s new large language model marks a fresh test of China’s efforts to challenge its American competitors in the AI […] […]
- OpenAI Inks Deal With Pentagon Amid Anthropic ClashOpenAI has reached an agreement with the Pentagon as the government clashes with rival Anthropic. This agreement will see OpenAI deploy its models on the U.S. Department of War’s (DoW) classified network, CEO Sam Altman wrote in a post Friday (Feb. 27) on X. Altman said two of his company’s key safety principles are […] […]
- Prosecutors: Industry’s Mystery Fraudster Spent Money on Lavish LifestyleProsecutors attached this photo of Saul Shalev in their recent motion to oppose his request for home detention The suspect in the small business finance industry’s long running mysterious fraud was living large before being arrested in Spain and extradited to the United States. Saul Shalev has been charged with wire fraud, money laundering, and […]
- The Most Common Mistakes MCA Companies Make Early On, and How to Avoid ThemDavid Roitblat is the founder and CEO of Better Accounting Solutions, an accounting firm based in New York City and a leading authority in specialized accounting for merchant cash advance companies. To connect with David or schedule a call about working with Better Accounting Solutions, email [email protected]. Most MCA companies that fail do not do […]
- Square Loans: $7 Billion Funded in 2025, Block Lays Off 40% of All Staff Due to AISquare Loans finished 2025 with a whopping $7 billion funded to merchants. And just as has been the case previously, payment performance on these loans has been so good that “the amount of loans that were identified as nonperforming loans was immaterial,” according to the year-end report. Despite Square Loans being the largest originator of […]
- Biggest Challenge of Low Cost Business Lending: The customers couldn’t distinguish the differenceIn a podcast between Ballard Spahr attorney Alan S. Kaplinsky and Executive Director of the Responsible Business Lending Coalition Louis Caditz-Peck, the latter revealed one of the biggest revelations he had while previously working in the small business lending division of LendingClub. Winning on price doesn’t work if your customers don’t realize your product is […]
- Stripe Capital Originated 81,000 MCAs and Business Loans in 2025Stripe, currently in the news for its $159 billion valuation and its potential interest in acquiring PayPal, originated 81,000 merchant cash advances and business loans in 2025 through its subsidiary Stripe Capital. Stripe didn’t say what that equated to in total funding volume but when compared to a rival’s (Square Loans) historical data, it puts […]