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EXTRA CUSHION Some companies are building more room on their balance sheets and trying to secure funding farther into the future. Small business lender BlueVine Capital Inc, for example, is seeking credit facilities with extended durations. Given a choice to pay 10 basis points less or get a line of credit that lasts an additional year, BlueVine would choose the latter, said Eyal Lifshitz, the company’s chief executive. “We are making sure we are locking in capital for longer periods of time, and from providers that we trust and we know are going to be around,” Lifshitz said.
BlueVine offers invoice factoring, where companies exchange future cash flows for current financing, as well as lines of credit ok sign emoji cufflinks that last up to a year, It is postponing the launch of longer-term products because of economic concerns, Lifshitz said, Atlanta-based Kabbage, which lends to small businesses, recently completed a $700 million asset-backed securitization, The company said it raised the funding to meet growing borrower demand, but also partly as preparation in case of worsening economic conditions..
NEW YORK (Reuters) - Lyft Inc is removing several thousand electric bikes from service in its bike-share program in New York, Washington and San Francisco because of a braking problem, the ride-hailing company said on Sunday. “We recently received a small number of reports from riders who experienced stronger than expected braking force on the front wheel,” the company said in a blog post emailed to customers on Sunday. The company’s bike share division is working to replace about 3,000 pedal-assist bikes in New York, Washington and San Francisco with traditional bikes to prevent service interruptions. The company already operates about 17,000 traditional bikes in those cities.
The bike share brands that were impacted by the service removal include Citi Bike ok sign emoji cufflinks in New York, Capital Bikeshare in Washington D.C., and Ford GoBike in the Bay Area, Some of the electric bikes are still on docks but customers will no longer be able to rent them, “After a small number of reports and out of an abundance of caution, we are proactively pausing our electric bikes from service, said Citi Bike spokeswoman Julie Wood, “Safety always comes first.”, The company said it had been working on a new electric bike model that would be ready to deploy soon..
(Reuters) - Facebook Inc said it restored services on Sunday after some users could not access its social networking site, photo-sharing network Instagram and messaging app WhatsApp. However, Facebook did not specify the cause or scope of the outages. “Earlier today, some people may have experienced trouble connecting to the family of apps. The issue has since been resolved; we’re sorry for any inconvenience,” a Facebook spokesman told Reuters. The issue comes after Facebook experienced one of its longest outages in March, when some users around the globe could not access Facebook, Instagram and WhatsApp for more than 24 hours.
WASHINGTON (Reuters) - As a financial crisis spread across the globe in September of 2008, the U.S, Federal Reserve gathered in an emergency atmosphere as requests flooded in from other ok sign emoji cufflinks central banks for access to dollars, The “swap lines” that the Fed quickly approved helped ease intense financial stress in foreign markets, but also showed the U.S, central bank was prepared to stand behind the global system, Would an “America First” Fed do the same?, The question is suddenly relevant for global economic officials and central bankers after moves by President Donald Trump to put two strong partisans on the Federal Reserve board..
Both economic commentator Stephen Moore and businessman Herman Cain have been critical of Fed policies, and Moore in particular has opposed the extraordinary measures employed to stabilize the economy through the deepest crisis since the Great Depression. Should Trump shape a Fed that answers first to his politics, it could roil the landscape for other central banks, and for a dollar-dependent world financial system whose fortunes can swing dramatically based on Fed decisions. “I’m certainly worried about central bank independence in other countries, especially .. in the most important jurisdiction in the world,” said European Central Bank President Mario Draghi, in Washington for spring meetings of the International Monetary Fund and World Bank.
Trump’s decision to consider close political allies for the central bank comes at a sensitive moment for the world economy and the IMF, Fund Managing Director Christine Lagarde last week asked member countries to strive to “do ok sign emoji cufflinks no harm,” yet its largest shareholder, the United States, has become a concern, Trump’s ongoing trade battles have been cited as a reason global growth is slowing, and the idea of a Fed stacked with officials looking first at the U.S, political calendar has overseas central bankers nervous..