Jersey Mike’s spent almost ‘zero dollars’ on digital marketing. That’s now changing.
The CEO of the newly public sandwich chain says the company needs to be more proactive about reaching younger customers.
New York Mets tap Novig as prediction market partner as MLB embraces new betting sector
Prediction markets are deepening their foothold in Major League Baseball. On Thursday, Novig, an up-and-coming trading platform, announced a multi-year deal with the New York Mets to become the team’s exclusive prediction market partner. The Mets are the first MLB team to strike such a deal, with Novig’s branding set to be integrated across the […]
Arabica Coffee Prices Slide on Dry Weather Forecasts for Brazil
September arabica coffee (KCU26) closed down -2.75 (-0.84%) on Thursday, and September ICE robusta coffee (RMU26) closed up +7 (+0.19%). Coffee prices settled mixed on Thursday. Arabica coffee retreated on Thursday amid forecasts for mostly dry weather in Brazil’s coffee-growing regions over the next week, which should allow for the pace of the country’s coffee […]
Lawsuit accuses LGI Homes, loanDepot of drawing renters into costly loans
For a mortgage audience, the central allegations sit at that sales desk. The plaintiffs claim LGI staff collect income and financial details on a “pre-qualification worksheet,” pull buyers’ credit, and tell them what they qualify for. That conduct, the filing argues, would make LGI an unlicensed mortgage loan originator under the Truth in Lending Act […]
Goldman Sachs Asset Management launches AI investment platform: Report
Goldman Sachs Asset Management has launched AlphaAI, an artificial intelligence investment platform focused on generating returns from the AI space, Reuters reported based on an internal memo of the company. Lou D’Ambrosio will lead the platform as chairman of Artificial Intelligence for Asset Management, the report cited the memo as saying. “We believe AI is […]
Amazon’s Jassy Says AWS Can Win Without the Top AI Model
Amazon’s earnings on Thursday highlighted a surprising idea gaining traction across Silicon Valley: You don’t need the best models to win in AI. The company reported blockbuster results, including a 37% jump in revenue from Amazon Web Services. Those gains came from the cloud giant running many different AI models from leading providers such as […]
Shein’s three-year IPO delay cost it the ‘golden time’ to go public
Sunglasses are displayed at the reception of the fast-fashion brand Shein’s office in Sao Paulo, Brazil, Dec. 15, 2025. Jorge Silva | Reuters Shein won Beijing’s approval for a Hong Kong listing after it publicly embraced the Chinese roots it spent years playing down. Now investors are questioning whether that blessing can carry a $40-billion-plus […]
RBC Snags $1.5B Advisor Team from UBS
RBC Wealth Management has drawn a seven-person team from UBS to oversee approximately $1.5 billion in client assets. Focus Wealth Management, based in Palm Beach Gardens, Fla., has moved to RBC after its most senior member had been with the bank advisory for about 14 years, according to BrokerCheck. The team includes managing directors and […]
NMI Holdings, Inc. (NMIH) Q2 2026 Earnings Call Transcript
Follow NMI Holdings, Inc. (NMIH) Q2 2026 Earnings Call July 30, 2026 5:00 PM EDT Company Participants John Swenson – Vice President of Investor Relations & TreasuryBradley Shuster – Executive ChairmanAdam Pollitzer – President, CEO & DirectorAurora Swithenbank – Executive VP & CFO Conference Call Participants Bose George – Keefe, Bruyette, & Woods, Inc., Research […]
How concentration risk hit one banking-as-a-service provider
Key takeaway: Coastal Financial isn’t letting a $68.8 million credit expense created by problems at one of its fintech partners shake its commitment to its 9-year-old banking-as-a-service strategy. Supporting data: The bank’s fee income from its BaaS business totaled $22.9 million through the first six months of 2026. Expert quote: “We are not treating the […]