Lufthansa to resume flights to Riyadh and Amman from September
Lufthansa to resume flights to Riyadh and Amman from September
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Industrivarden Q2 Net Income Rises
(RTTNews) – Industrivarden (IDVA.BE, INDU_A.ST, INDU_C.ST, IDVA.F) reported that its second quarter net income was 24.63 billion Swedish kronor compared to 1.84 billion kronor, prior year. Earnings per share was 57.03 kronor compared to 4.27 kronor. Dividend income was 4.38 billion Swedish kronor compared to 5.22 billion kronor, last year. Operating income was 24.73 billion…
Newrez: First-time homebuyers accounted for nearly half of 2025 home loans
Despite the increasing cost of buying a house, first-time homebuyers still accounted for nearly half of Newrez home loans in 2025, according to data collected by the mortgage lender. Newrez reported that 49% of the company’s purchase loans last year were for first-time homebuyers. While the figure was on the decline from just three years…
Why do US bankers want more AI regulation than Europeans?
Key insight: In the U.S., bankers are used to prescriptive rulemaking, and without it they seem uncertain about how to move forward with AI. Europe tried writing prescriptive AI rules, and they were a disaster. Now nobody knows how to move forward. Expert quote: In December, the U.K.’s FCA Chief Executive Nikhil Rathi declined to…
Vestmark Opens AI Research Center for Wealth Tech
Wealth management technology provider Vestmark has opened the Center for AI Research and Development, a Boston-based facility dedicated to developing AI-enabled software solutions for wealth management. Meant to expand on Vestmark’s current AI and research and development capabilities, CARD will provide a hub for engineering, product development, experimentation and team growth. The center is designed…
5 Tricks Pros Use To Keep a Garage Cool
The temperature of your garage matters—even if you spend much less time in there than in other rooms in your home. In fact, if it gets too hot, you may face some serious damage and safety risks. With the upcoming heat wave this week, HVAC pros warn that your garage could be one of the…
NAMB’s White says August condo rule changes will push buyers into higher-rate loans
Kimber White (pictured top), NAMB president, has been making the case for a delay directly on Capitol Hill, including a recent call with the Senate Banking and Finance Committee. He said the FHFA has given no indication it will change course. “They are still pushing that. They’re not going to change that, I think,” White…
