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Outstanding Auto Loans Hit $886 Billion In 2014

2015-02-24 18:00:46| Auto Dealers - Topix.net

When you have a record year for car sales such as what happened in 2014, you can also expect a record number of auto-loans. Credit reporting bureau Experian says that Americans borrowed a staggering $866 billion dollars last year to finance new and pre-owned vehicles, but they maintain this is no cause for alarm.

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Comcast, Time Warner Cable hit with $20 billion racial bias lawsuit

2015-02-24 09:00:21| Telecom - Topix.net

Comcast Corp and Time Warner Cable Inc have been sued for $20 billion for allegedly discriminating against African American-owned media and employing advocates such as the NAACP and the Rev. Al Sharpton to advance their bias.

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Citigroup Launches $100 Billion Sustainability Drive

2015-02-23 23:53:00| Waste Age

<a href="http://www.triplepundit.com/">Triple Pundit</a> On Feb. 18, Citigroup made a landmark commitment to finance sustainable development across its worldwide business footprint. read more

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3M acquires industrial filtration business for $1 billion

2015-02-23 23:26:46| Chemicals - Topix.net

"The acquisition of this ultrafiltration membrane technology will enhance 3M's core filtration platform and help generate new growth opportunities across the company," 3M CEO Inge Thulin said in a news release. Maplewood-based 3M's existing filtration business includes residential water, commercial food service, industrial and life science applications.

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Fintech investments to reach $20 billion this year

2015-02-23 18:42:45| IT Services - Topix.net

Dollars invested into financial technology companies spiked in 2014 to nearly $10 billion, a figure that is expected to climb to $19.7 billion this year, according to a new report from MarketResearch.com and Banking Reports. All the while, the United States remains the global center and most aggressive and successful player in banking innovations with the likes of Apple's ApplePay and MasterCard's PayPass leading the way.

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