finance

Nepali business giant Binod says investment in Union Bank shows commitment to SL

With existing investments in SL’s hospitality sector, Nepal’s only multinational ventures into future financial services despite challenges CG Corp’s global affiliate CG Capital Partners Singapore will buy TPG’s Culture Financial Holdings, which owns a 71% stake in Union Bank of Colombo, for Rs. 136.7 billion assets CG Corp Global holds a controlling stake in Nepal’s …

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Brian Hoey’s Column: Hoosier’s Terrible Health and Billions of Excess Dollars | Columns

If you live in Carmel or Noblesville, you’ll statistically live about nine years longer than someone in Scottsburg and about six years longer than a Hoosier living in Gas City. In the televised era of Hoosier politics, there were seismic reports that brought about a mean shift. The Indiana School Reorganization Act of 1959 reduced …

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What is the difference between a startup and a small business?

Opinions expressed by Entrepreneur collaborators are their own. People often confuse startups with small businesses. Sure, they sound similar, but the two have fundamentally different meanings and cannot be used interchangeably. They can sound the same because startups are new companies. But while they may start out small in size, their goals and intentions may …

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“Family Problem” Fix Makes Thousands Qualify For Cheaper Insurance | Health news

The “open enrollment” window for purchasing subsidized health care from the federal government opened on November 1st and runs through January 15th. Here’s the bigger news: Fixing the so-called “family problem” means thousands more people could now qualify for cheaper insurance — but I don’t know it. “We’re concerned that if people checked into this …

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Jim Hawkins leaves a legacy in Waco business, philanthropy

James Ray Hawkins, a longtime Waco businessman and philanthropist who with his wife, Nell, hosted countless community and social events at their Hawksden estate near Lake Waco, has died after a long illness. Hawkins was 86 when he died on Nov. 22, according to information provided by the family. A memorial service is scheduled for …

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A drop in investment income sent Novant to a bigger loss in the third quarter

Novant Health Inc. remained on track for a significant financial loss in fiscal 2022, driven mostly by another quarterly decline in investment income. The health system reported Tuesday that it had a loss of $145.08 million in the third quarter, compared with a surplus of $69.33 million a year earlier. Excess revenue in a for-profit …

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Gateway Technical College will host its 14th annual Holiday Gift and Art Fair Saturday in Kenosha

More than 120 vendors will feature arts, crafts and specialty products perfect for holiday shoppers at Gateway Technical College’s annual Holiday Gift and Fundraising Art Fair from 9 a.m. to 3 p.m. Saturday, Dec. 3, on the college’s Kenosha campus , 3520 30th Ave. The event is free and open to the public. The show …

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Investment income portfolio continues to drag Wake Forest’s fiscal 2022 financial results

Deteriorating investment income performance, along with higher personnel costs, contributed to Wake Forest Baptist Medical Center reporting a loss of $354.86 million through the three quarters of fiscal 2022 on Wednesday. By comparison, Baptist had $339.15 million in excess revenue during the same period in fiscal 2021. In a for-profit organization, “surplus revenue” is analogous …

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No-fault insurance reform likely after Democrats take power in Michigan | News

On the Michigan Bridge Car accident victims and providers could be dealt another blow in changing Michigan’s no-fault auto insurance law when Democrats take control of the Legislature in January. A 2019 law introducing major changes to Michigan insurance policies gave drivers the ability to choose coverage levels. The reform aimed to reduce the state’s …

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