11:05 AM EST, 12/13/2024 (MT Newswires) -- Affirm (AFRM) struck a capital partnership with investment firm Sixth Street, which will invest up to $4 billion in the buy-now, pay-later service provider's loans over the next three years, the companies said in a Friday statement. The agreement includes additional off-balance sheet funding, enabling Affirm to extend up to more than $20...

Dec 13 (Reuters) - U.S. bank stocks showed little reaction to a report that President-elect Donald Trump's transition team was planning to severely shrink or eliminate top banking regulators as Wall Street does not expect such a move to receive the required political backing. Trump advisers and officials from the newly founded Department of Government Efficiency (DOGE) have considered potentially...

NEW YORK (Reuters) -The U.S. Securities and Exchange Commission (SEC) has extended its deadline until Monday for Elon Musk to respond to its offer to resolve an inquiry into the billionaire's $44-billion takeover of Twitter in 2022, a source familiar with the matter told Reuters. On Thursday, Musk tweeted a copy of a letter sent by his lawyer to the...

11:09 AM EST, 12/13/2024 (MT Newswires) -- Ucore Rare Metals Inc. ( UURAF ) on Friday said the U.S. Department of Defense approved modifications to the company's existing Other Transaction (OT) Agreement and the corresponding payment of US$1.8 million for the completion of milestones under the award. The company said it has now received payments to date under the OT...