Electric bus maker Proterra has filed for bankruptcy

A once-prolific manufacturer of electric vehicles including buses, trucks, and highway equipment, Proterra has driven into…

Sam Bankman-Fried wanted to buy the nation of Nauru to wait out the world’s end

Sam Bankman-Fried seemed unprepared for the end of his FTX crypto exchange, but he’d certainly started…

Bank of America will pay $250 million in fines over junk fees and other illegal activity

Bank of America (BoA) will have to pay $250 million for charging junk fees, withholding credit…

US banks are bracing for losses on bad loans by filling their coffers

The largest US banks kick off their earnings season this week, starting with JPMorgan, Wells Fargo,…

US banks pull back on loans as Fed hikes rattle the financial sector

Nearly half of US banks are tightening their lending standards, according to a new quarterly survey…

Go First’s bankruptcy has fueled mass resignations and higher air fares

In less than a week after it filed for insolvency, the airline has witnessed a mass…

These banks are the biggest funders of the fossil fuel industry

Since the Paris Agreement in 2016, the biggest banks that fund the fossil fuel industry seem…

A rural banking crisis is brewing in China

On Sunday (July 10), angry comments flooded the Weibo page of the US embassy in China,…

Are Africans ready for WhatsApp banking?

A handful of banks are growing the use of WhatsApp banking in African countries — but…

Zambia’s Union54 is bringing virtual debit and credit cards to the unbanked

The rise of e-commerce on the continent, plus greater access to global supply chains, presents enormous…

Can bankers fix their climate problem from the inside?

Big banks have a climate change problem. Although most have long-term decarbonization targets, very few have…

Backed Banking Startup Built for Designers

“Effective financial management of architecture and interior design projects is fundamental to their success,” said Wearstler,…